Steven A. Cohen
Steven A. Cohen is a billionaire hedge fund investor and founder of SAC Capital Partners. He has been referred to as "A New Prince of Wall Street" by the New York Times and "The Hedge Fund King" by the Wall Street Journal. According to Forbes, he has an estimated net worth of $6.8 billion.
Cohen attended the Wharton School at the University of Pennsylvania and was hired as a junior trader at Gruntal & Co. in 1978. On his first day, he made an $8,000 profit, and eventually was making around $100,000 a day for the company.
SAC Capital Partners is a hedge fund based in Stamford, Connecticut. It was founded in 1992 by Cohen with $25 million but now currently manages $14 billion. The fund is very active accounting for about 3 percent of the NYSE's daily volume and 1 percent of the NASDAQ's daily volume. The fund's favorite industries include technology, retail/consumer goods, and healthcare.
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SAC Capital clients said to pull $1.68B amid insider trading allegations - CNBC
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Market Wrap: SAC Eases Withdrawals; Icahn Looks for Blood; Pressure Continues in Euro-Zone
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FMR LLC Lowers Stake in Amarin Corp Plc (AMRN) to 0.72%
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SAC Capital Raises Stake in Sequenom, Inc. (SQNM) to 9.22%
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SAC Capital Insider Trading Probe Hampered by Auto-Deleted E-Mails Policy
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SAC Capital to Undertake 'Soft Reopening' of Major Fund - FBN's Gasparino
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Cohen's SAC Capital Raises Stake in Arris Group (ARRS) to 5%
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SAC Capital Investors Unlikely to Redeem Amid Ongoing Insider Trading Suit
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Cohen's SAC Capital Raises Stake in Energy XXI (EXXI) to 5.14%
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Cohen's SAC Capital Boosts Stake in Forest Oil Corp. (FST) to 9.79%
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StreetInsider.com Pre-Open Movers 01/30: (CPNO) (CHK) (AMZN) Higher; (CODE) (WBSN) (MTOR) Lower (more...)
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Streetinsider.com After-Hours Movers 1/29: (UIS) (AMZN) (PRXL) Higher; (VTUS) (KERX) (WBSN) Lower (more...)
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SAC Capital Shows New 5.72% Stake in Starz (STRZA)
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Citigroup private bank to pull funds from SAC Capital - WSJ
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SAC Capital Raises Stake in Colony Financial (CLNY) to 5.2%
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SAC Capital Hikes Management Pay One Day Before Closing Chicago Offices
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SAC Capital said to be closing Chicago office
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SAC Capital "Scrambling" to Prevent Massive Redemptions - FBN
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Market Wrap: FOMC May End QE Early; Transocean Settles Up; Bausch & Lomb Draws Attention
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Ex-SAC Capital manager Martoma pleads not guilty to insider trading
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StreetInsider.com Pre-Open Movers 01/03: (SPWR) (TASR) (GPS) Higher; (ALLT) (MLNX) (FDO) Lower (more...)
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StreetInsider.com After-Hours Movers 01/02: (LDNC) (HOTT) (BWLD) Higher; (MLNX) Lower
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SAC Capital Raises Stake in Buffalo Wild Wings, Inc. (BWLD) to 5%
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Five Stock Picks that Two Noted Traders Agree are 'Awesome'
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A Secret Agreement Between Mathew Martoma and Cohen's SAC Capital?
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SAC Capital Investigation Broadens
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Market Wrap: Freeport M&A's into Energy; Citi Joins Job Cut Party; Apple has Rotten Day; SAC Shunned by Big Bank
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Citigroup (C) Said to Advise Clients Against Adding Money to SAC Capital
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Cohen's SAC Capital Triples Stake in Arthrocare Corp (ARTC) to 5.58%
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Top 10 News Items for 11/26 - 11/30: Lawmakers Still Split on Fiscal Cliff; Cohen's SAC Capital Under Fire; Knight Cap's Bidding War
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Market Wrap: to Buy Bonds, or Not to Buy Bonds?; BP Gets Drilling Timeout; Moody's Trims H-P; Bids for Knight Begin
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SEC said to consider extending claims against SAC Capital to Steven Cohen - Bloomberg
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SAC Capital Wells Notice doesn't name Steven Cohen - Bloomberg
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SAC Capital Received Wells Notice from SEC
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Steven Cohen Expected to Be on 8AM Call - CNBC
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Steven Cohen's SAC Capital Seeks to Calm Investors' Nerves
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SAC Capital is planing an investor call tomorrow - Bloomberg
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Top 10 for 11/19 - 11/23: SAC Capital Grabs Regulator Attention; Otellini Out at Intel; H-P has $8.8 Billion Oversight; France Gov't Debt Downgraded
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Market Wrap: H-P's $8.8B Oversight; New Housing Starts at 4-Year High; UBS Trader Gets Comeuppance; SAC Capital Under Fire
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SAC Capital Confident Firm, Cohen Acted Appropriately; Will Cooperate with Gov't Inquiry
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Hedge Fund Heavy Steve Cohen Implicated in Massive Insider Trading Scheme
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SAC Capital Raises Stake in Medicines Co (MDCO) to 5.03%
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Cohen's SAC Capital Raises Stake in Visteon Corp. (VC) to 5.04%
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SAC Capital Raises Stake in Goodrich Petroleum Corp. (GDP) to 5.1%
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SAC Capital Shows New 5.11% Stake in OPENTABLE (OPEN)
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SAC Capital Raises Stake in Plains Exploration & Production Co. (PXP) to 5.1%
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Cohen's SAC Capital Raises Stake in Superior Energy (SPN) to 5.03%
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Market Wrap: Bernanke Defends Fed Action; JPMorgan CIO Exec Says 'So Long!'; Manufacturing on Fire
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SAC Capital said to put Michael Steinberg on leave - Bloomberg
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Market Wrap: RadioShack Sacks Gooch; SAC's Fifth Insider; Spain Feeling Less Rajoy-ful; Refs Running Rampant!

