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Steven Cohen’s Point72 Asset Management’s 3Q14 positions

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Dec. 18 2014, Updated 3:27 p.m. ET

Point72 Asset Management’s 3Q14 positions

Steven Cohen’s Point72 Asset Management, formerly S.A.C. Capital Advisors, disclosed new positions in its 13F filing last month. The fund makes significant quantitative and macro investments.

The fund’s portfolio decreased slightly to $13.2 billion in the third quarter—compared to $15.6 billion in the second quarter. The third quarter ended in September.

In this series, we’ll highlight the top positions that Point72 Asset Management traded during the third quarter. The main positions traded during the third quarter are outlined in the above table.

During 3Q14, the fund increased its positions in Tyson Foods, Inc. (TSN), Canadian Natural Resources (CNQ), and Anadarko Petroleum Corp. (APC). The fund reduced its stake in Whiting Petroleum Corp. (WLL) and Baker Hughes Inc. (BHI).

Point72 Asset Management’s top holdings in 3Q14 are included in the above table.

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Apart from the stocks mentioned above, the fund initiated new positions in Laredo Petroleum, Inc. (LPI), Superior Energy Services, Inc. (SPN), and Alere Inc. (ALR). It sold its stake in Packaging Corporation of America (PKG), Martin Marietta Materials (MLM), and Hewlett-Packard Co. (HPQ). These were small positions that accounted for less than 1% of the total 3Q14 portfolio.

In the next part of this series, we’ll discuss Point72’s increased position in TSN.

For Point72’s 13G filings during the third quarter, please read Overview: 13G filings by Steven Cohen’s Point72 Asset Management.

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