Point72 Asset Management 13F, Q4 2025
Steve Cohen · quarter ending 31 December 2025 · filed 17 February 2026 · SEC CIK 1603466
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1,745 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q4 2025
The 25 largest of 2,117 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $1.86B | 2.9% | +38% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $1.42B | 2.2% | +157% shares |
| AMAZON COM INC | AMZN | $1.21B | 1.9% | +68% shares |
| MICROSOFT CORP | MSFT | $1.01B | 1.6% | -20% shares |
| ARISTA NETWORKS INC | ANET | $990.60M | 1.6% | +37% shares |
| BROADCOM INC | AVGO | $988.63M | 1.6% | +80% shares |
| CREDO TECHNOLOGY GROUP HOLDI | $800.41M | 1.3% | +18% shares | |
| ASML HOLDING N V | $632.11M | 1.0% | +33% shares | |
| SEA LTD | SE | $625.49M | 1.0% | +195% shares |
| COHERENT CORP | COHR | $616.27M | 1.0% | -14% shares |
| EQUINIX INC | EQIX | $590.88M | 0.9% | +467% shares |
| SPOTIFY TECHNOLOGY S A | $563.85M | 0.9% | +191% shares | |
| TERADYNE INC | TER | $545.18M | 0.8% | -31% shares |
| BIOGEN INC | BIIB | $495.09M | 0.8% | -27% shares |
| DANAHER CORPORATION | DHR | $387.51M | 0.6% | +281% shares |
| PEPSICO INC | PEP | $338.25M | 0.5% | +1555% shares |
| TRANSDIGM GROUP INC | TDG | $336.16M | 0.5% | +50456% shares |
| AKAMAI TECHNOLOGIES INC | AKAM | $331.30M | 0.5% | new |
| INTUITIVE SURGICAL INC | ISRG | $330.09M | 0.5% | -5% shares |
| ABIVAX SA | ABVX | $324.89M | 0.5% | -18% shares |
| AT&T INC | T | $323.94M | 0.5% | +73% shares |
| HOME DEPOT INC | HD | $320.70M | 0.5% | +44% shares |
| ATLASSIAN CORPORATION | TEAM | $313.53M | 0.5% | +105% shares |
| AUTODESK INC | ADSK | $311.44M | 0.5% | +132% shares |
| CISCO SYS INC | CSCO | $304.02M | 0.5% | new |
What changed since Q3 2025
Against the Q3 2025 filing, Point72 Asset Management opened 1,099 new positions, added to 638, trimmed 334, left 46 unchanged and exited 349. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 1,091 more
Exited
- 8QRwas $340.69M
- HPEwas $284.04M
- WMTwas $200.13M
- TRUwas $130.87M
- CHDwas $122.76M
- AEPwas $111.76M
- CNKwas $97.59M
- MASwas $94.27M
and 341 more
Other quarters
Source: SEC Form 13F-HR, accession 0000902664-26-001100, 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.