Steven Cohen

Last Update: 07-21-2015

Number of Stocks: 673
Number of New Stocks: 253

Total Value: $14,673 Mil
Q/Q Turnover: 45%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Steven Cohen Watch

  • Steven Cohen Sells Portion of Stake in Olin Corporation

    Steven Cohen (Trades, Portfolio), founder and manager of SAC Capital Advisors, a Stamford, Connecticut based hedge fund, bought and sold stakes in Olin Corp (NYSE:OLN), a Missouri-based manufacturer of ammunition, chlorine and sodium hydroxide that was founded in 1892, regularly between 2010 and 2013. Between the middle of 2012 and the end of 2013, he bought new stakes in OLN twice and sold out three times, each time making a profit.


    He hadn’t traded in Olin stock since the end of 2013, but then in the first quarter of this year, he invested in a new stake in the company, acquiring 227,900 shares for an average price of $26.82 per share. That was nearly four times as many Olin shares as Cohen ever owned between 2010 and 2013, but then he made an astonishing addition at the end of June – buying 3,832,254 shares for an average price of $30.02 per share.

      


  • Context Capital Management's Top Sales in Q2 2015

    Context Capital Management, LLC filed in the last days its Q2 2015 and according to it, it ended the quarter with a portfolio value of $57.77 million (an increase of $2.59 million from the previous quarter. 48.42% of the institutional investor’s portfolio is listed in the US.


    During the quarter (Q2 2015) it bought 10 new stocks (here are listed the top 5 buys) and it sold out its stakes as follow :

      


  • St. Paul-based Ecolab's Recent Acquisition Extends Reach in China

    In this article, let's take a look at Ecolab Inc. (NYSE:ECL), a $33.43 billion market cap company, which is a leading worldwide marketer of water, hygiene and energy technologies and services for the foodservice, food processing, hospitality, health care, industrial and oil and gas markets.


    Strategic acquisitions in China

      


  • Steven Cohen Adds to His Position in Olin Corporation

    On July 9 Steven Cohen (Trades, Portfolio) reported an increase in his position in Olin Corporation (NYSE:OLN). Cohen is the Chairman and Chief Executive Officer of Point72 Asset Management, formerly S.A.C. Capital Advisors L.P. His portfolio at Point72 Asset Management is primarily managed with a long/short equity approach.


    In 2015 Cohen has been steadily adding to his stake in Olin Corporation after selling out of it completely in the fourth quarter of 2013. In the first quarter of 2015 Cohen added Olin to his portfolio again buying 227,900 shares. On June 29 Cohen increased his portfolio position by 1,681.55% adding 3,832,254 shares. Most recently, on July 9 Cohen further added to his stake in Olin Corporation buying 883,799 shares bringing his portfolio stake to 0.8%. He currently owns 4,943,953 shares which accounts for 6.4% of the company.

      


  • A Great Deal Between Danaher and Pall Corporation

    In this article let´s take a look at Pall Corporation (NYSE:PLL), which manufactures and markets filtration, separation and purification products; and integrated systems solutions worldwide and try to prove to investors why it is a solid investment over the next years.


    Steven Cohen (Trades, Portfolio) is one of the largest investors in Pall with 121,709 shares valued at $12.22 billion, according to the fund's latest filing. During the first quarter, the guru has more than doubled his position; he upped his stake by 144%.

      


  • Steven Cohen Makes Major Increase to SPX Corp Stake

    Steven Cohen (Trades, Portfolio)’s Point72 increased its SPX Corp (NYSE:SPW) by 327.41% on July 1, according to Real Time Picks.


    After the increase the firm holds 2,075,499 shares, or 5.06% of the company’s shares outstanding. Cohen has had interest in the company since the third quarter of 2013, but made a previous significant increase to it only in the first quarter of this year.

      


  • Steven Cohen Increases Stake in SPX Corp

    Steven Cohen (Trades, Portfolio) of Point72 Management increased his stake in SPX Corp (NYSE:SPW) by more than 300% on June 1, according to data reported by GuruFocus Real Time Picks.


    Cohen purchased 1,589,899 shares for $72.09 per share, boosting his stake in the company to a total of 2,075,499 shares. His holding history is depicted in the graph below.

      


  • Steven Cohen Increases His Stake in SPX Corp.

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management has added to his position in SPX Corp. (NYSE:SPW). Cohen is the lead portfolio manager for Point72 Asset Management which focuses on a long/short equity investment approach for the management of its portfolio. The Point72 Asset Management fund had 673 equity holdings as of March 31, 2015 with a total equity value of $14.67 billion.


    On July 1 Cohen added 1,589,899 shares of SPX Corp. to the portfolio increasing his stake in the stock to 2,075,499 shares and bringing the total percentage in the portfolio to 1.01%. SPX Corp. is a manufacturer of engineering supply solutions for companies in the food and beverage, energy and industrial flow markets. It operates in the industrials sector and has a market capitalization of approximately $2.9 billion. Cohen’s increased position in SPX Corp. brings the total portfolio’s allocation to industrials to approximately 14%.

      


  • Denver-Based Cimarex Energy Is Facing Problems

    In this article, let's take a look at Cimarex Energy Co. (NYSE:XEC), an $11.73 billion market cap company, which is an independent oil and gas exploration and production company with operations in the Mid-Continent, the Permian Basin and the Gulf of Mexico.


    Fund's positions

      


  • Reasons to Bet On Darden Restaurants

    Darden Restaurants, Inc. (NYSE:DRI) stock is trading near its 52-week high of $73.40. Although the stock price is relatively expensive to the rest of the industry, in my opinion, it is a "buy" at this current price level.


    Analysis

      


  • Adobe's Looks Attractive after Beating Earnings Estimates

    In this article, let's take a look at Adobe Systems Inc. (NASDAQ:ADBE), a $41.16 billion market cap company, which provides a line of software and services used by marketers, knowledge workers, application developers, enterprises and consumers. The company markets and licenses its software to enterprise customers through its sales force and to end users through app stores and its website.


    Results and price return

      


  • Some Reasons to Short Nike

    In this article, let's take a look at NIKE, Inc. (NYSE:NKE), the giant in the sport business, and see if this is an appealing investment opportunity or not.


    Nike is the strongest player in the industry, and we all know this top position is not easy to maintain because the industry has evolved steadily over the past four or five decades. Moreover, the competition is high with few barriers to entry, which means that well-known brands or new competitors could grow quickly helped by innovation. In such scenario, the only way is to reach differentiation to justify higher prices. Among the reasons for this admirable position, three of them are: size, brand image and competitive advantages. I believe the company will maintain its leadership because it plans to continue making efforts to innovate with focus on marketing campaigns as well as distribution strategies. For example, the improved version of Nike Flyknit Free, situated Nike in a higher level. All the above are drivers for long-term growth of the company. Furthermore, in this industry there is something that is true: higher innovation means higher prices. The company also plans to lower costs through supply chain and reaching efficiencies could have greater impact in margins. Also, propaganda strategy with top athletes generates consumer confidence and long-term credibility to the brand.

      


  • Despite Industry's Risk, I would bet on Tyson Foods

    In this article, let's take a look at Tyson Foods, Inc. (NYSE:TSN), a $17.6 billion market cap company, which is one of the world's largest suppliers of beef, chicken, pork and prepared foods. The firm operates in the food industry, which is highly competitive and is dominated by HJ Heinz (HJH), Kraft Foods (KRFT), General Mills (NYSE:GIS), and Kellogg (NYSE:K).


    Fund´s positions

      


  • Steven Cohen Increases Stakes in WPX

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management recently increased his stakes in WPX Energy Inc (NYSE:WPX) on June 18. Cohen purchased 5,121,705 shares of WPZ at an average price of $12.80 a share. He now owns 7,827,005 shares total.


    WPX Energy is a natural gas and oil exploration and production company that was formed in 2011. The company profitably exploits its significant natural gas reserve base and related NGLs in the Piceance Basin of the Rocky Mountain region, as well as developing and growing oil positions in the Williston Basin in North Dakota and the San Juan Basin int he southwestern region of the United States.

      


  • Is Standard Pacific Corp still a good buy ?

    The company:


    Standard Pacific Corp (SPF) is engaged in the business of constructing single-family attached and detached homes with operations in the metropolitan markets in California, Florida, Arizona, Texas, the Carolinas and Colorado. The Company builds homes in 25 markets through its 15 operating divisions. Its homes sizes typically range from approximately 1,500 to 3,500 square feet, although it has built homes from 1,100 to over 6,000 square feet. At December 31, 2013, the Company owned or controlled 34,175 home sites (including joint ventures) and had 180 active selling communities.

      


  • Mario Cibelli Trims Largest Position: Shutterfly Inc.

    Investor Mario Cibelli (Trades, Portfolio)’s Marathon Partners reduced its largest position, Shutterfly Inc. (NASDAQ:SFLY), where it has been pushing for change, GuruFocus Real Time Picks reported today.


    Marathon Partners trimmed the position by 10.93%, dropping its shares held to 1,670,000, or 4.5% of the company’s shares outstanding, from 2,034,800 shares, or 5.4% of the shares outstanding, reportedly held on May 18. The position occupied more than one-third of Marathon’s portfolio.

      


  • Steven Cohen Increases Stakes in Bloomin Brands

    Steven Cohen (Trades, Portfolio) of Point72 Asset Management recently increased his stake in Bloomin Brands Inc (NASDAQ:BLMN) during 1Q2015, according to GuruFocus Real Time Picks.


    Cohen currently has 673 stocks in his portfolio, valued around $14.67 billion and has a 45% quarter over quarter turnover. The top three most heavily weighted sectors include Consumer Cyclical (19.1%), Energy (18.6%) and Industrials (13.3%).

      


  • A Look at Steve Cohen's investment in UPS

    Point72 Asset Management, L.P. is a family office managing the assets of its founder, Steven Cohen (Trades, Portfolio), and eligible employees. He is a billionaire hedge fund investor and the founder of SAC Capital Advisors. Cohen grew up in Great Neck, New York, and he attended the Wharton School of Business at the University of Pennsylvania.


    Last quarter, the firm initiated a position in United Parcel Service (UPS), buying 351,800 shares. UPS is the world’s largest package delivery company, a leader in the U.S. less-than-truckload industry and the premier provider of global supply chain management solutions. The company delivers packages each business day for 1.6 million shipping customers to 8.2 million receivers ("consignees") in over 220 countries and territories. In 2014, UPS delivered an average of 18 million pieces per day worldwide, or a total of 4.6 billion packages. Total revenue in 2014 was $58.2 billion.

      


  • Steve Cohen Initiates Position in Potash Corp

    Point72 Asset Management, L.P. is a family office managing the assets of its founder, Steven Cohen (Trades, Portfolio), and eligible employees. He is a billionaire hedge fund investor and the founder of SAC Capital Advisors. Cohen grew up in Great Neck, New York, and he attended the Wharton School of Business at the University of Pennsylvania.


    Last quarter, the firm initiated position in Potash Corp. (NYSE:POT) buying 899,400 shares. Potash Corporation is the world’s largest fertilizer company by capacity producing the three primary crop nutrients: potash, nitrogen and phosphate. Potash Corp.'s stock looks attractive from a medium-term perspective. The company is benefiting from strength in global potash demand, and its EPS is expected to increase 3.8% in the current year and 13.2% in FY2016. However, the real inflection point will come in 2017 when the company's low-cost Rocanville and Picadilly operations enter production.

      


  • Point72 Asset Management increases its holdings in Lam Research

    Point72 Asset Management, L.P. is a family office managing the assets of its founder, Steven Cohen (Trades, Portfolio), and eligible employees. He is a billionaire hedge fund investor and the founder of SAC Capital Advisors. Cohen grew up in Great Neck, New York, and he attended the Wharton School of Business at the University of Pennsylvania.


    Last quarter, the firm increased its holdings in Lam Research (NASDAQ:LRCX) by buying 591,152 shares. As of March 31, Point72 was holding 733,552 shares of the company. The following chart shows Steve Cohen's holding history in Lam Research.

      


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