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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$247M |
| 2 |
Oracle
ORCL
|
+$238M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$205M |
| 4 |
Evergy
EVRG
|
+$166M |
| 5 |
Shell
SHEL
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$559M |
| 2 |
NVIDIA
NVDA
|
+$505M |
| 3 |
Boeing
BA
|
+$218M |
| 4 |
Intel
INTC
|
+$208M |
| 5 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$185M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.94% |
| 2 | Technology | 13.49% |
| 3 | Consumer Discretionary | 10.94% |
| 4 | Industrials | 10.67% |
| 5 | Energy | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
dLocal
DLO
$4.45B
| – | – |
-3,156
| Closed | -$56.5K |
|
2252
Domo
DOMO
$177M
| – | – |
-3
| Closed | -$30 |
|
2253
Douglas Elliman
DOUG
$177M
| – | – |
-3
| Closed | -$7 |
|
2254
Dow Inc
DOW
$22.7B
| – | – |
-667,692
| Closed | -$34.1M |
|
2255
CALL
Domino's
DPZ
$11.5B
| – | – |
-25,000
| Closed | -$9.47M |
|
2256
Driven Brands
DRVN
$2.15B
| – | – |
-12,400
| Closed | -$156K |
|
2257
Design Therapeutics
DSGN
$953M
| – | – |
-1
| Closed | -$2 |
|
2258
PUT
Duke Energy
DUK
$95.1B
| – | – |
-2,400
| Closed | -$212K |
|
2259
DaVita
DVA
$11.3B
| – | – |
-1,716
| Closed | -$162K |
|
2260
DexCom
DXCM
$34.4B
| – | – |
-813,058
| Closed | -$83.1M |
|
2261
DXP Enterprises
DXPE
$2.9B
| – | – |
-1,435
| Closed | -$50.1K |
|
2262
Destination XL Group
DXLG
$35.9M
| – | – |
-11,420
| Closed | -$51.2K |
|
2263
CALL
eBay
EBAY
$47.6B
| – | – |
-22,300
| Closed | -$983K |
|
|
2264
eBay
EBAY
$47.6B
| – | – |
-1,059,292
| Closed | -$43.8M |
|
2265
Emergent Biosolutions
EBS
$266M
| – | – |
-44,779
| Closed | -$152K |
|
2266
Euronet Worldwide
EEFT
$2.63B
| – | – |
-632
| Closed | -$50.2K |
|
2267
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| – | – |
-125,000
| Closed | -$4.74M |
|
2268
Eagle Bancorp
EGBN
$857M
| – | – |
-6,173
| Closed | -$132K |
|
2269
8x8 Inc
EGHT
$285M
| – | – |
-107,870
| Closed | -$272K |
|
2270
Vaalco Energy
EGY
$608M
| – | – |
-5,570
| Closed | -$24.5K |
|
2271
CALL
e.l.f. Beauty
ELF
$6.25B
| – | – |
-131,600
| Closed | -$14.5M |
|
|
ELME
2272
Elme Communities
ELME
$149M
| – | – |
-7,607
| Closed | -$104K |
|
2273
Eastman Chemical
EMN
$8.31B
| – | – |
-167,064
| Closed | -$12.8M |
|
2274
Energizer
ENR
$1.47B
| – | – |
-26,700
| Closed | -$855K |
|
2275
Enanta Pharmaceuticals
ENTA
$410M
| – | – |
-25,932
| Closed | -$290K |
|
Similar funds
Steven Cohen's Q4 2023 Portfolio in Review
As of Q4 2023, Steven Cohen held 3,029 positions worth $41.4B, up 21% from $34.3B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Steven Cohen deployed $2.12B of net new capital in Q4 2023, opening 618 new positions and adding to 652 existing holdings. Its largest new stake was Oracle: 2,178,533 shares worth $230M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Microsoft, an estimated $559M trimmed.
- Steven Cohen's largest Q4 2023 buy was Oracle: 2,178,533 shares worth $230M.
- Steven Cohen added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $247M increase.
- Steven Cohen's biggest Q4 2023 reduction was Microsoft, cutting an estimated $559M.
- Steven Cohen fully exited Intel in Q4 2023, selling an estimated $208M.
- Steven Cohen's ten largest holdings make up 17% of its $41.4B portfolio in Q4 2023.
- Steven Cohen opened 618 new positions and closed 946 in Q4 2023.
- Steven Cohen's portfolio value rose 21% quarter-over-quarter to $41.4B.
Based on Point72 Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.