Hedge Fund SAC Capital Buys Tyco International Ltd., Wells Fargo, Garmin Ltd., Gannett Co. Inc., The Stanley Works, Sells Schnitzer Steel Industries Inc., The Phoenix Companies Inc.

Steven Cohen\'s SAC Capital Q4: Buys TYC, WFC, GRMN, GCI, SWK

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Feb 23, 2010
Renowned billionaire hedge fund manager, trader Steven Cohen is one of the most successful traders. He tends to trade in and out positions quickly at early times. As his funds grew bigger, he holds positions longer with mutliple strategies. From his quarterly holdings we can get some clue on what he is trading. He does own a lot of option positions, which is also include in his portfolio listed here. These are his buys and sells for the fourth quarter of 2009.

Steven Cohen's flag ship fund SAC Capital International Fund ended the year 2009 up 28.39%, that is after aloss of 19% in 2008.

For the details of Steven Cohen's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Steven+Cohen

This is the sector weightings of his portfolio:

This is the sector weightings of his portfolio:

Oil & Gas 10.4%
Health Care 9.6%
Industrials 9.5%
Consumer Services 9.5%
Technology 8.8%
Financials 7.1%
Consumer Goods 5.4%
Basic Materials 2.5%
Utilities 2.4%
Telecommunications 0.9%