- Steven Cohen's Point72 Asset Management fund added new positions in Salesforce ( NYSE: CRM )(~3.35M shares), Netflix ( NASDAQ: NFLX ) (~212M), NetApp ( NASDAQ: NTAP ) (~173M), and SunCor Energy ( NYSE: SU ) (~167M), among others, to its portfolio in Q4 2022, according to its latest 13F filing.
- The firm shed its stakes in Palo Alto Networks ( NASDAQ: PANW ), Workday ( NASDAQ: WDAY ), EOG Resources ( NYSE: EOG ), and Horizon Therapeutics ( NASDAQ: HZNP ).
- It increased its stakes in Broadcom ( NASDAQ: AVGO ) to 804K shares from 302K; Meta Platforms ( NASDAQ: META ) to 4.65M shares from 1.93M; Uber ( NYSE: UBER ) to ~9.81M shares from 52.6K; and Amazon ( NASDAQ: AMZN ) to ~5.05M shares from ~1.84M .
- And it pared its holdings in T-Mobile ( NASDAQ: TMUS ) to 357K shares from 2.28M; AstraZeneca ( NASDAQ: AZN ) to 1.54M shares from 4.81M; Ross Stores ( NASDAQ: ROST ) to 12.2K shares from 1.74M; and Juniper Networks ( NYSE: JNPR ) to 827K shares from ~6.26M, according to the filing .
- In January, a Point72 filing showed a 5.3% stake in Pulmonx ( LUNG ).
For further details see:
Point72 Asset Management adds Salesforce, Netflix, exits Palo Alto Networks