Point72 Asset Management, L.P.

Hedge Fund • Multi-Strategy

Point72 Asset Management, L.P. is a Multi-Strategy Hedge Fund based in Stamford, CT led by Steven Alan Cohen, reporting $220.93B in AUM as of Q3 2025 with 31% Technology concentration.

CEOSteven Alan Cohen

Portfolio Value: $43.2B
Positions: 1,279
Top Holding: NVDA at 3.13%
Last Reported: Q3 2025

Address72 Cummings Point Road, Stamford, CT, 06902-7912, United States

Top Holdings

Largest long holdings in Point72 Asset Management, L.P.'s portfolio (17.6% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Nvidia NVDA	Semiconductors Technology	$1.4B	3.13%	+$153.2M Bought	0.03% 7.2M shares	Q4 2021 Held for 3y 11m
2 Microsoft MSFT	Software - Infrastructure Technology	$1.3B	3.10%	+$78.2M Bought	0.03% 2.6M shares	Q4 2016 Held for 8y 11m
3 Arista Networks ANET	Computer Hardware Technology	$803.1M	1.86%	-$206.8M Sold	0.44% 5.5M shares	Q1 2021 Held for 4y 8m
4 Credo Technology Group Holding Ltd CRDO	Communication Equipment Technology	$689.2M	1.59%	+$91.6M Bought	2.74% 4.7M shares	Q1 2022 Held for 3y 8m
5 Amazon AMZN	Specialty Retail Consumer Cyclical	$685.9M	1.59%	-$365.3M Sold	0.03% 3.1M shares	Q3 2014 Held for 11y 2m
6 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$601.7M	1.39%	+$449.0M Bought	0.03% 819.3K shares	Q2 2020 Held for 5y 5m
7 Teradyne, Inc. TER	Semiconductors Technology	$562.3M	1.30%	+$524.1M Bought	2.57% 4.1M shares	Q1 2021 Held for 4y 8m
8 Biogen BIIB	Drug Manufacturers - General Healthcare	$542.5M	1.25%	+$5.8M Bought	2.64% 3.9M shares	Q1 2025 Held for 8 months
9 Broadcom Inc. AVGO	Semiconductors Technology	$523.6M	1.21%	+$341.7M Bought	0.03% 1.6M shares	Q3 2021 Held for 4y 2m
10 Taiwan Semiconductor Manufacturing Company TSM	Semiconductors Technology	$506.7M	1.17%	+$111.4M Bought	— 1.8M shares	Q1 2024 Held for 1y 8m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Point72 Asset Management, L.P.'s latest filing

See all changes

GthenC

Market Value

$43.2B

Prior: $40.3B

Q/Q Change

+7.38%

+$3.0B

Net Flows % of MV

-21.07%

Turnover Ratio

42.9%

New Purchases

68 stocks

$337.6M

Added To

392 stocks

+$9.4B

Sold Out Of

414 stocks

$7.8B

Reduced Holdings

374 stocks

-$11.0B

Increased Positions

Position	Shares Δ	Change
1 ETHA iShares Ethereum Trust ETHA	New	0 → 2.8M +$87.5M
2 JBS N.V. JBS	New	0 → 1.6M +$23.2M
3 Palvella Therapeutics PVLA	New	0 → 317.3K +$19.9M
4 Bitfarms BITF	New	0 → 6.5M +$18.2M
5 AD Advo AD	New	0 → 364.4K +$18.2M

Decreased Positions

Position	Shares Δ	Change
1 Walt Disney DIS	Sold	3.1M → 0 −$378.8M
2 Cisco Systems, Inc. CSCO	Sold	4.7M → 0 −$329.5M
3 Intuit INTU	Sold	299.0K → 0 −$235.5M
4 Pinterest, Inc. PINS	Sold	5.8M → 0 −$208.5M
5 Analog Devices ADI	Sold	740.0K → 0 −$176.1M

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for Point72 Asset Management, L.P.

View analytics

GthenA

Sector Allocation

Technology

30.80%

Healthcare

14.50%

Consumer Cyclical

12.00%

Industrials

8.20%

Financial Services

6.50%

Communication Services

5.40%

Consumer Defensive

3.90%

Energy

3.70%

Utilities

2.90%

Basic Materials

2.00%

Real Estate

1.50%

ETF

1.00%

Market Cap Distribution

Mega Cap (> $200B)

15.37%

Large Cap ($10B - $200B)

49.27%

Mid Cap ($2B - $10B)

20.64%

Small Cap ($300M - $2B)

5.37%

Micro Cap ($50M - $300M)

0.27%

Nano Cap (< $50M)

1.51%

N/A (ETF or Unknown)

7.58%

Portfolio Concentration

Top 10 Holdings %

17.59%

Top 20 Holdings %

25.98%

Top 50 Holdings %

40.63%

Top 100 Holdings %

55.58%