POINT72 ASSET MANAGEMENT, L.P.
STAMFORD CT
Investment Advisor
Hedge Fund
Point72 Asset Management is based out of Stamford. Point72 Asset Management is a hedge fund with 15 clients and discretionary assets under management (AUM) of $172,101,281,944 (Form ADV from 2024-10-18). Their last reported 13F filing for Q3 2024 included $39,343,262,001 in managed 13F securities
and a top 10 holdings concentration of 19.6%. Point72 Asset Management's largest holding is SPDR S&P 500 ETF TRUST with shares held of 4,208,700. Whalewisdom has at least 45 13F filings, 14 13D filings, 710 13G filings, and 2 Form 4 filings
Business Description
Point72 Asset Management, L.P. (Point72) is a registered investment adviser that manages the assets and investments of a number of investment funds and other investment vehicles (the "Point72 Funds"). Point72 assumed investment management authority over these funds and vehicles on January 1, 2018, from a family office that was not required to register as an investment adviser with the SEC. Point72 and its Relying Advisers rely on Point72's Form ADV to file a single registration.
Point72's advisory business includes providing investment advice and services to the Point72 Funds. These services include: advice from brokers-dealers on order execution, including advice on execution strategies, market color and the availability of buyers and sellers; advice and input from brokers-dealers or independent research providers regarding investment recommendations related to electronic "alpha capture" systems; the portion of proxy analysis services that are reports and analyses regarding issuers and industries (but not the portion used to vote proxies); and other products or services in the categories listed in Section 28(e), regulations thereunder or SEC interpretations that enhance Point72's investment decision making.
Investment Strategy
Point72 employs various investment strategies for its Point72 Funds. Systematic strategies involve using proprietary investment systems and models to predict future prices of financial instruments based on historical and contemporaneous data. These models consider factors such as price, volume, fundamentals, and volatility. The approach involves trading diversified baskets of instruments globally, including equities, futures, currencies, fixed income, and derivatives.
Point72 also utilizes long/short and opportunistic strategies. These strategies involve fundamental research-intensive security selection to identify mispriced securities. Point72 analyzes company-specific data to determine the difference between the current market valuation and its estimated probable market value. The portfolios comprise long positions in undervalued securities or instruments and short positions in overvalued ones.
Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| QQQ Invesco QQQ Trust, S (PUT) | 4.07% |
| SPY SPDR S&P 500 ETF TRU (CALL) | 1.07% |
| SHEL Shell Plc | 0.57% |
| GOOGL Alphabet Inc. Class | 0.49% |
| NVDA NVIDIA Corp | 0.46% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| AMZN Amazon.com Inc | 1.6% |
| AAPL Apple Inc | 0.87% |
| DELL Dell Technologies In | 0.86% |
| TER Teradyne Inc | 0.55% |
| WDC Western Digital Corp | 0.54% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU(PUT) | 6.14% |
| QQQ Invesco QQQ Trust, S(PUT) | 4.28% |
| SPY SPDR S&P 500 ETF TRU(CALL) | 3.15% |
| NVDA NVIDIA Corp | 1.14% |
| SHEL Shell Plc | 0.92% |
All or part of POINT72 ASSET MANAGEMENT, L.P. 13F disclosures were filed
under a combined 13F through
POINT72 HONG KONG LTD
CUBIST SYSTEMATIC STRATEGIES, LLC
POINT72 ASIA (SINGAPORE) PTE. LTD.
POINT72 EUROPE (LONDON) LLP
POINT72 ITALY, S.R.L.
POINT72 (DIFC) LTD
for 2024-09-30
for 2024-09-30
The Reporting Manager, Point72 Asset Management, L.P., is under common control with Cubist Systematic Strategies, LLC (Form 13F File Number 028-16258), 72 Investment Holdings, LLC (Form 13F File Number 028-20409), Point72 Hong Kong Ltd (Form 13F File Number 028-16027), Point72 Europe (London) LLP (Form 13F File Number 028-17887), Point72 Italy, S.r.l. (Form 13F File Number 028-23927), Point72 Middle East FZE (Form 13F File Number 028-23094), Point72 (DIFC) Limited (Form 13F File Number 028-24178), CPV Partners, LLC (Form 13F File Number 028-19347), Point72 Private Investments, LLC (Form 13F File Number 028-23092), and Point72 Asia (Singapore) Pte. Ltd. (Form 13F File Number 028-17282). * Positions that are exempt from reporting under Special Instruction 10 to the Form 13F are excluded from this report. However, positions that would not be exempt when aggregated with positions of the same security held by (i) the Other Included Managers or (ii) certain affiliates of the Reporting Manager and reported on their own Forms 13F, are listed herein.
2024-09-30
13F Activity
| Market Value | $39.3b, Prior: $38.2b |
| Inflows (Outflows) as % of Total MV | (-4.3397)% |
| New Purchases | 650 stocks |
| Added To | 618 stocks |
| Sold out of | 509 stocks |
| Reduced holdings in | 508 stocks |
| Top 10 Holdings % | 19.6% |
| Turnover %[1] | 47.5% |
| Turnover Alt %[2] | 44.57% |
| Time Held Top 20 | 2.35 quarters |
| Time Held Top 10 | 3 quarters |
| Time Held All | 4.32 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30