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 |
Meta Platforms (Facebook)
META
|
+$151M |
| 2 |
EMC
EMC CORPORATION
EMC
|
+$145M |
| 3 |
LNKD
LinkedIn Corporation
LNKD
|
+$133M |
| 4 |
VMW
VMware, Inc
VMW
|
+$129M |
| 5 |
General Motors
GM
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$159M |
| 2 |
BHI
Baker Hughes
BHI
|
+$145M |
| 3 |
Bausch Health
BHC
|
+$124M |
| 4 |
LyondellBasell Industries
LYB
|
+$123M |
| 5 |
Devon Energy
DVN
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 18.09% |
| 2 | Energy | 15.72% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 11.28% |
| 5 | Technology | 10.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $370M | 2.6% |
1,800,000
-2,525,000
| -58% | -$508M |
|
2
Tyson Foods
TSN
$20.6B
| $208M | 1.46% |
5,176,100
-2,246,300
| -30% | -$91.1M |
|
|
RAX
3
DELISTED
Rackspace Hosting Inc
RAX
| $190M | 1.34% |
4,069,000
-604,600
| -13% | -$24.9M |
|
|
4
Meta Platforms (Facebook)
META
$1.4T
| $183M | 1.28% |
2,347,000
+1,970,800
| +524% | +$151M |
|
5
Canadian Natural Resources
CNQ
$106B
| $170M | 1.19% |
11,379,072
-547,957
| -5% | -$8.95M |
|
|
6
General Motors
GM
$77.2B
| $154M | 1.08% |
4,415,700
+3,751,800
| +565% | +$120M |
|
|
EMC
7
DELISTED
EMC CORPORATION
EMC
| $148M | 1.04% |
+4,972,500
| New | +$145M |
|
|
LNKD
8
DELISTED
LinkedIn Corporation
LNKD
| $141M | 0.99% |
+612,600
| New | +$133M |
|
9
Visteon
VC
$2.83B
| $129M | 0.91% |
1,209,400
+523,900
| +76% | +$50.5M |
|
10
Valero Energy
VLO
$100B
| $128M | 0.89% |
2,575,800
+2,279,700
| +770% | +$110M |
|
|
VMW
11
DELISTED
VMware, Inc
VMW
| $125M | 0.88% |
+1,516,900
| New | +$129M |
|
12
Air Products & Chemicals
APD
$67.9B
| $103M | 0.72% |
771,942
+194,147
| +34% | +$24.6M |
|
|
RDS.A
13
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $102M | 0.72% |
1,630,246
+1,614,187
| +10,052% | +$104M |
|
14
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $101M | 0.71% |
2,750,000
+1,665,000
| +153% | +$67.6M |
|
15
Gilead Sciences
GILD
$181B
| $100M | 0.7% |
+1,061,100
| New | +$110M |
|
|
APC
16
DELISTED
Anadarko Petroleum
APC
| $99.9M | 0.7% |
1,210,700
-49,910
| -4% | -$4.35M |
|
|
SFLY
17
DELISTED
Shutterfly, Inc.
SFLY
| $96.8M | 0.68% |
2,321,400
+292,200
| +14% | +$12.5M |
|
|
OPLN
18
Openlane
OPLN
$4.08B
| $96.3M | 0.68% |
7,344,232
+7,018,738
| +2,156% | +$85.1M |
|
19
Lear
LEA
$8.56B
| $96.3M | 0.68% |
981,900
+690,700
| +237% | +$63.4M |
|
|
TWX
20
DELISTED
Time Warner Inc
TWX
| $92.3M | 0.65% |
1,080,500
+1,037,600
| +2,419% | +$82.7M |
|
|
SUNE
21
DELISTED
SUNEDISON, INC COM
SUNE
| $91.1M | 0.64% |
4,669,105
+4,649,105
| +23,246% | +$88.3M |
|
|
PCP
22
DELISTED
PRECISION CASTPARTS CORP
PCP
| $88.7M | 0.62% |
368,100
+234,200
| +175% | +$54.1M |
|
|
LL
23
DELISTED
LL Flooring Holdings, Inc.
LL
| $87M | 0.61% |
1,312,708
+634,908
| +94% | +$36.8M |
|
|
KND
24
DELISTED
Kindred Healthcare
KND
| $84.9M | 0.6% |
4,669,897
+3,355,000
| +255% | +$66.4M |
|
|
SGI
25
Somnigroup International
SGI
$13.6B
| $83.8M | 0.59% |
6,107,200
-327,760
| -5% | -$4.47M |
|
Similar funds
Steven Cohen's Q4 2014 Portfolio in Review
As of Q4 2014, Steven Cohen held 920 positions worth $14.3B, up 7.3% from $13.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Steven Cohen deployed $993M of net new capital in Q4 2014, opening 288 new positions and adding to 175 existing holdings. Its largest new stake was EMC CORPORATION: 4,972,500 shares worth $148M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 18% of assets, up from 14% a quarter earlier, followed by Energy and Healthcare.
On the sell side, the largest reduction was Micron Technology, an estimated $159M trimmed.
- Steven Cohen's largest Q4 2014 buy was EMC CORPORATION: 4,972,500 shares worth $148M.
- Steven Cohen added most to Meta Platforms (Facebook) in Q4 2014, an estimated $151M increase.
- Steven Cohen's biggest Q4 2014 reduction was Micron Technology, cutting an estimated $159M.
- Steven Cohen fully exited LyondellBasell Industries in Q4 2014, selling an estimated $123M.
- Steven Cohen's ten largest holdings make up 13% of its $14.3B portfolio in Q4 2014.
- Steven Cohen opened 288 new positions and closed 274 in Q4 2014.
- Steven Cohen's portfolio value rose 7.3% quarter-over-quarter to $14.3B.
Based on Point72 Asset Management's 13F filing for Q4 2014, filed 17 Feb 2015.