Point72.
The book · Q1 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | IWM | ISHARES TR | 40.17M | $10.0B | 4.1% | +13% |
| 2 | IVV | ISHARES TR | 12.99M | $8.5B | 3.5% | −10% |
| 3 | NVDA | NVIDIA CORPORATION | 23.62M | $4.1B | 1.7% | −8% |
| 4 | QQQ | INVESCO QQQ TR | 6.05M | $3.5B | 1.5% | −18% |
| 5 | IWM | ISHARES TR | 11.99M | $3.0B | 1.2% | — |
| 6 | MSFT | MICROSOFT CORP | 6.88M | $2.5B | 1.1% | +53% |
| 7 | QQQ | INVESCO QQQ TR | 3.96M | $2.3B | 1.0% | — |
| 8 | AMZN | AMAZON COM INC | 10.94M | $2.3B | 0.9% | +12% |
| 9 | AAPL | APPLE INC | 8.71M | $2.2B | 0.9% | ±0% |
| 10 | META | META PLATFORMS INC | 3.62M | $2.1B | 0.9% | +26% |
Where the money is
AC read
Point72's most recent 13F filing presents an unusual data profile worth flagging upfront: the filing shows zero new positions and zero exited positions this quarter, and several core AUM/concentration metrics (HHI, turnover, sector breakdown) are not resolvable from the current dataset. This is somewhat atypical for a fund characterized as tactical and active, and it likely reflects either a reporting quirk, a consolidation of share classes across the multi-manager pod structure, or gaps in how the filing was parsed rather than genuine portfolio stasis. Steve Cohen's platform is built around dozens of internally competing investment teams, and 13F aggregation across pods can sometimes produce misleading "no change" signals when individual pod-level trades net out at the fund level.
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