Steven Cohen

Last Update: 08-31-2015

Number of Stocks: 712
Number of New Stocks: 259

Total Value: $14,438 Mil
Q/Q Turnover: 47%

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

Steven Cohen Watch

  • Undervalued Stocks Among Steven Cohen's Recent Buys

    Steven Cohen (Trades, Portfolio) is the manager of Point72 Asset Management with a $14 billion portfolio that is composed of 712 stocks. According to GuruFocus' All-In-One screener, the following are the companies he recently bought with a wide margin of safety.


    During Q2 2015, he increased his stake by 2.86% in Potash Corp of Saskatchewan Inc (POT) and the company looks undervalued at the current price of $24.51. The DCF calculator gives a fair value of $46.05 with a current margin of safety of 47%. GuruFocus users confirm almost the same evaluation, giving to the company a fair value of $40.05, which was the average price after seven votes.

      


  • A Look at Steven Cohen's Investment in Ironwood Pharmaceuticals

    On Aug. 19, guru Steven Cohen (Trades, Portfolio), manager of Point72 Asset Management, bought shares of Ironwood Pharmaceuticals Inc. (IRWD) increasing his stake by 45.50% and reaching a total of 2,005,800 shares with a total loss of 9% since the first buy done in 2014Q3. The stake of IRWD represent the 0.16% of the guru’s total assets and 1.41% of outstanding shares of the company.


    The company

      


  • Billionaire Steven Cohen's New Oil Pick

    In this article, let's take a look at National Oilwell Varco, Inc. (NYSE:NOV), a $14.28 billion market cap company. The company designs and manufactures drill rig equipment, provides downhole tools and services and also provides supply chain integration services to the upstream oil and gas industry.


    New pick

      


  • Steven Cohen Buys Shares of Newly Offered Houlihan Lokey

    On Aug. 18 Steven Cohen (Trades, Portfolio) of Point72 Asset Management bought 569,640 shares of Houlihan Lokey (NYSE:HLI). The share buy in gives Point72 Asset Management a 5.4% stake in the company overall and a 0.1% position in Cohen’s portfolio with a value of $12.8 million.


    Cohen’s Point72 Asset Management was previously known as SAC Capital Advisors and Cohen has a strong track record of delivering above average returns for investors. Point72 Asset Management currently manages approximately $14.68 billion in equity assets utilizing a long-short equity strategy approach.

      


  • Valeant Pharmaceuticals' New Female Drug

    Valeant Pharmaceuticals (NYSE:VRX) has confirmed that it will pay $1.0 billion to buy Sprout Pharmaceuticals, the closely held company that has just won U.S. approval to sell the first drug that aims to increase women 's libido. Under the terms of the agreement, which echoes The Wall Street Journal, Valeant will pay $ 500 million in cash upfront and pay the other party early next year, whose pink pills, known as “female Viagra,” will be sold under the name Addyi. The deal is scheduled to close in the third quarter.


    Other acquisitions

      


  • Home Depot’s Earnings Beat Expectations and Show Accelerated Growth in Housing Market

    Home Depot (NYSE:HD) reported its second quarter 2015 earnings results on Aug. 18. The company reported revenue of $24.8 billion and earnings per share of $1.71. Revenue for the quarter beat analysts’ consensus estimate by $110 million and earnings per share were in line with consensus.


    Revenue for the quarter was up 4.2% from the year-ago quarter. Revenue for the first half of the year was also up 5.1% to $45.7 billion. Earnings of $2.2 billion increased 9% from the second quarter of 2014. Earnings per share also improved 14% from the comparable quarter. For the first half of the year, net earnings were up 11.2% to $3.8 billion and earnings per share increased 17.1%.

      


  • Three Stocks With Growing EPS Near 52-Week Lows - Part III

    With these articles, thanks to GuruFocus All-In-One Screener, I want to highlight stocks that have a strong price correction and are trading near their 52-week low. These stocks can be good for investors, since they reported growing earnings over the last few years.


    Yandex NV (YNDX)

      


  • Mondelez's EPS Decline on Sluggish Sales

    In this article, let's take a look at Mondelez International, Inc. (NASDAQ:MDLZ), a $73.48 billion market cap company, which is a global snack food company.


    Louis Moore Bacon (Trades, Portfolio) is an American hedge fund manager and trader who focuses on a global macro strategy to invest in the markets. This strategy focuses on indices, currencies, commodities and other asset classes based on expectations about specific markets and asset classes. They had their second consecutive month of net inflows in May. Although funds for $1.6 billion were added during the month, it was not enough to bring the flows to positive territory considering the entire year.

      


  • 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.

      


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