Point72 Asset Management 13F, Q2 2025
Steve Cohen · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1603466
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 856 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2025
The 25 largest of 1,267 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $1.21B | 2.9% | +66% shares |
| AMAZON COM INC | AMZN | $1.05B | 2.5% | +52% shares |
| NVIDIA CORPORATION | NVDA | $1.01B | 2.4% | +207% shares |
| ARISTA NETWORKS INC | ANET | $709.07M | 1.7% | +272% shares |
| SNOWFLAKE INC | SNOW | $599.27M | 1.4% | +288% shares |
| BIOGEN INC | BIIB | $481.23M | 1.1% | +841% shares |
| SEA LTD | SE | $433.22M | 1.0% | -11% shares |
| MONGODB INC | MDB | $406.56M | 1.0% | +39% shares |
| DANAHER CORPORATION | DHR | $391.96M | 0.9% | -37% shares |
| CONFLUENT INC | 8QR | $388.33M | 0.9% | +1261% shares |
| CREDO TECHNOLOGY GROUP HOLDI | $380.02M | 0.9% | -34% shares | |
| DISNEY WALT CO | DIS | $378.76M | 0.9% | -17% shares |
| BLOCK INC | XYZ | $377.05M | 0.9% | +297% shares |
| COHERENT CORP | COHR | $360.14M | 0.8% | +16% shares |
| CISCO SYS INC | CSCO | $329.51M | 0.8% | +117% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $320.58M | 0.8% | -25% shares |
| AUTOZONE INC | AZO | $280.99M | 0.7% | +107% shares |
| BOEING CO | BA | $275.45M | 0.7% | -18% shares |
| TOWER SEMICONDUCTOR LTD | $273.80M | 0.7% | -13% shares | |
| BOSTON SCIENTIFIC CORP | BSX | $264.30M | 0.6% | +31% shares |
| MCDONALDS CORP | MCD | $262.15M | 0.6% | new |
| AT&T INC | T | $244.50M | 0.6% | +4634% shares |
| COCA COLA CO | KO | $243.86M | 0.6% | +82% shares |
| AMERICAN TOWER CORP NEW | AMT | $242.54M | 0.6% | -21% shares |
| REPLIGEN CORP | RGEN | $237.96M | 0.6% | +71% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Point72 Asset Management opened 500 new positions, added to 405, trimmed 326, left 36 unchanged and exited 450. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- MCD$262.15M
- SPGI$221.07M
- JAMES HARDIE INDS PLC$185.44M
- ELASTIC N V$169.60M
- UNP$168.37M
- WMB$144.25M
- TRGP$144.17M
- ULTA$135.31M
and 492 more
Exited
- SPOTIFY TECHNOLOGY S Awas $278.03M
- BKNGwas $239.88M
- KEYSwas $187.21M
- MELIwas $172.04M
- FEwas $166.79M
- KRwas $143.92M
- WFCwas $142.15M
- HUBSwas $136.76M
and 442 more
Other quarters
Source: SEC Form 13F-HR, accession 0000902664-25-003670, filed by Point72 Asset Management, L.P.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.