Saturday, February 28, 2015

Steven Cohen's Top Five Holdings

Guru Steven Cohen consistently keeps one of the largest portfolios of all the gurus, and this quarter was no different. The guru, who has suffered a tumultuous year due to insider trading controversies throughout his hedge fund, maintained an even larger and higher-valued portfolio than the second quarter of 2013.

During the third quarter Cohen bought 465 new stocks, bringing his total portfolio to 1,749 stocks valued at $18.5 billion. This is up from his second quarter holdings of 1,621 stocks valued at $18 billion. The following five companies are Cohen's five largest portfolio positions as of the close of the third quarter.

Yahoo! (YHOO)

Steven Cohen's largest position is in Yahoo! where the guru currently holds on to 7,578,592 shares of the company's stock. His holdings make up for 1.4% of the guru's total portfolio and 0.74% of the company's shares outstanding.

During the third quarter Cohen made a huge increase to his holdings by adding 764.75% or 6,702,198 shares. He bought these shares in the quarterly price range of $24.99 to $33.55, with an estimated average quarterly price of $28.28. Since then the price per share has increased approximately 25.4%.

Cohen's holding history as of the third quarter:

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Yahoo! is a digital media company. Through its proprietary technology and insights, it delivers personalized digital content and experiences, across devices and around the globe, to various audiences.

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