Steven Cohen Point72 Asset Management
Steven Cohen is the founder of Point72 Asset Management and previously built SAC Capital into one of the industry’s most profitable trading firms. Point72 operates a multi-manager platform combining fundamental long/short equity with systematic and other strategies. Cohen is also a major figure in sports ownership and philanthropy, while remaining one of the most closely followed names in hedge fund trading culture.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$254M |
| 2 |
Marvell Technology
MRVL
|
+$248M |
| 3 |
Fidelity National Information Services
FIS
|
+$198M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$176M |
| 5 |
Elevance Health
ELV
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$443M |
| 2 |
FDC
First Data Corporation
FDC
|
+$224M |
| 3 |
Baxter International
BAX
|
+$223M |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$221M |
| 5 |
Visa
V
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.5% |
| 2 | Healthcare | 13.29% |
| 3 | Consumer Discretionary | 11.89% |
| 4 | Energy | 9.85% |
| 5 | Communication Services | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Dentsply Sirona
XRAY
$2.18B
| $25.8M | 0.12% |
519,720
-1,303,016
| -71% | -$57.4M |
|
|
NUAN
202
DELISTED
Nuance Communications, Inc.
NUAN
| $25.6M | 0.12% |
1,743,960
+1,690,865
| +3,185% | +$23.4M |
|
|
HDS
203
DELISTED
HD Supply Holdings, Inc.
HDS
| $25.5M | 0.12% |
588,661
+304,864
| +107% | +$12.7M |
|
204
Dollar Tree
DLTR
$25.3B
| $25.5M | 0.12% |
242,822
+112,988
| +87% | +$11.1M |
|
205
Alphabet (Google) Class C
GOOG
$4.18T
| $25.4M | 0.12% |
432,660
-345,360
| -44% | -$19.4M |
|
|
BNFT
206
DELISTED
Benefitfocus, Inc.
BNFT
| $25.2M | 0.11% |
509,193
+318,826
| +167% | +$16.3M |
|
207
McCormick & Company Non-Voting
MKC
$14.9B
| $25.2M | 0.11% |
334,742
-539,716
| -62% | -$36.4M |
|
208
Kimberly-Clark
KMB
$36.4B
| $25.1M | 0.11% |
202,304
-97,300
| -32% | -$11.3M |
|
|
RETA
209
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $24.8M | 0.11% |
290,600
-10,600
| -4% | -$880K |
|
210
KLA
KLAC
$240B
| $24.6M | 0.11% |
2,057,130
-12,041,810
| -85% | -$130M |
|
211
S&P Global
SPGI
$127B
| $24.3M | 0.11% |
+115,550
| New | +$22.4M |
|
212
Pacira BioSciences
PCRX
$983M
| $24.1M | 0.11% |
633,582
+24,017
| +4% | +$937K |
|
213
Globus Medical
GMED
$11.7B
| $24M | 0.11% |
+485,330
| New | +$22M |
|
214
CALL
Sarepta Therapeutics
SRPT
$1.98B
| $23.8M | 0.11% |
+200,000
| New | +$25.7M |
|
215
Truist Financial
TFC
$61.6B
| $23.7M | 0.11% |
+508,794
| New | +$24.8M |
|
216
TJX Companies
TJX
$155B
| $23.6M | 0.11% |
443,206
+180,373
| +69% | +$8.99M |
|
|
CONE
217
DELISTED
CyrusOne Inc Common Stock
CONE
| $23.5M | 0.11% |
+448,044
| New | +$23.4M |
|
|
XLRN
218
DELISTED
Acceleron Pharma
XLRN
| $23.2M | 0.11% |
497,700
-247,400
| -33% | -$10.9M |
|
219
Conagra Brands
CAG
$7.89B
| $23.1M | 0.1% |
+833,504
| New | +$19.1M |
|
220
Rapid7
RPD
$799M
| $23.1M | 0.1% |
456,400
-1,016,700
| -69% | -$43.5M |
|
221
Western Digital
WDC
$166B
| $23.1M | 0.1% |
634,783
-239,323
| -27% | -$8.19M |
|
222
CALL
Caterpillar
CAT
$381B
| $23M | 0.1% |
+170,000
| New | +$22.6M |
|
223
Vistra
VST
$45.7B
| $23M | 0.1% |
+883,708
| New | +$22.3M |
|
|
ZNGA
224
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $23M | 0.1% |
4,312,800
-2,544,200
| -37% | -$12.2M |
|
225
Zillow
ZG
$8.27B
| $22.8M | 0.1% |
+666,697
| New | +$23.6M |
|
Similar funds
Steven Cohen's Q1 2019 Portfolio in Review
As of Q1 2019, Steven Cohen held 1,362 positions worth $22B, up 7.6% from $20.5B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Steven Cohen withdrew a net $1.52B in Q1 2019, closing 372 positions and reducing 305 holdings. Its most notable exit was Baxter International, an estimated $223M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 9.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Fidelity National Information Services worth $210M.
- Steven Cohen's largest Q1 2019 buy was Fidelity National Information Services: 1,858,246 shares worth $210M.
- Steven Cohen added most to Walt Disney in Q1 2019, an estimated $254M increase.
- Steven Cohen's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $443M.
- Steven Cohen fully exited Baxter International in Q1 2019, selling an estimated $223M.
- Steven Cohen's ten largest holdings make up 18% of its $22B portfolio in Q1 2019.
- Steven Cohen opened 440 new positions and closed 372 in Q1 2019.
- Steven Cohen's portfolio value rose 7.6% quarter-over-quarter to $22B.
Based on Point72 Asset Management's 13F filing for Q1 2019, filed 15 May 2019.