§ 13F · FUND PROFILE
Point72.
Point72 Asset Management is a multi-strategy hedge fund founded by Steve Cohen that employs a tactical macro approach across various investment strategies and asset classes. The fund is known for its sophisticated trading operations and diverse portfolio management techniques, with significant exposure to broad market ETFs including large-cap, small-cap, and technology-focused index funds.
AUM · — (13F)Positions · 5950Turnover · — · Q4Filed · Feb 17, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$237791.0T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 17, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | IVV | ISHARES TR | 14.49M | $9927.7T | 4.2% | NEW |
| 2 | IWM | ISHARES TR | 30.68M | $7551.8T | 3.2% | NEW |
| 3 | QQQ | INVESCO QQQ TR | 8.72M | $5358.4T | 2.3% | NEW |
| 4 | WMT | WALMART INC | 40.78M | $4543.0T | 1.9% | NEW |
| 5 | NVDA | NVIDIA CORPORATION | 23.51M | $4385.2T | 1.8% | NEW |
| 6 | IWM | ISHARES TR | 15.68M | $3860.0T | 1.6% | NEW |
| 7 | NVDA | NVIDIA CORPORATION | 15.23M | $2841.1T | 1.2% | NEW |
| 8 | SPY | SPDR S&P 500 ETF TR | 3.65M | $2487.0T | 1.0% | NEW |
| 9 | AAPL | APPLE INC | 9.01M | $2450.2T | 1.0% | NEW |
| 10 | QQQ | INVESCO QQQ TR | 3.65M | $2243.6T | 0.9% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE POINT72 SIGNAL
AC read
Point72 Asset Management's latest 13F filing reveals a portfolio heavily anchored in broad market exchange-traded funds, with the iShares Core S&P 500 ETF (IVV) representing their largest concentration at approximately $15.2 billion across multiple position entries, totaling roughly 7% of their disclosed equity holdings. The Russell 2000 ETF (IWM) follows as their second-largest holding at about $16.5 billion combined, while the Invesco QQQ Trust maintains a significant $9.3 billion presence across multiple entries. This ETF-heavy approach suggests Point72 is using these instruments either as portfolio hedges, tactical positioning tools, or as efficient vehicles for broad market exposure across different capitalization segments.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed