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 Lowers Stake in Momenta Phamaceuticals, Inc. (MNTA) to 4.6%
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SAC Capital Lowers Stake in Trulia, Inc. (TRLA) to 4.8%
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SAC Capital Lowers Stake in Zynga (ZNGA) to 3.9%
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SAC Capital Lowers Stake in Tile Shop Holdings (TTS) to 3.14%
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SAC Capital Slashes Stake in Lumber Liquidators Holdings (LL) to 2.56%
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SAC Capital Slashes Stake in E-House (EJ) to 2.23%
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SAC Capital Slashes Stake in Intercept Pharmaceuticals (ICPT) to Near 0%
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SAC Capital Slashes Stake in Vitamin Shoppe (VSI) to 0.5%
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Pre-Open Stock Movers 3/28: (IDRA) (RH) (TSLA) Higher; (VJET) (INO) (CZR) Lower (more...)
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After-Hours Stock Movers 3/27 (PMTC) (RH) (EXAS) Higher; (VJET) (EXLP) (CZR) Lower (more...)
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SAC Capital Shows New 5% Stake in Midstates Petroleum (MPO)
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SAC Capital Raises Stake in Zynga (ZNGA) to 5.3%
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Market Wrap: Symantec Cans CEO; Fed Stress Results Are In; Initial Claims Top Expectations
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Top SAC Capital portfolio manager Plotkin to start his own hedge fund - WSJ
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Pre-Open Stock Movers 3/19: (HZNP) (PRTA) (KBH) Higher; (RENN) (RBCN) (KNDI) (ORCL) Lower (more...)
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After Hours Stock Movers 3/18: (PRTA) (EXAS) (PSUN) Higher; (RBCN) (ORCL) (NUS) Lower (more...)
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SAC Capital Lifts Stake in NQ Mobile (NQ) to 5.1%
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SAC Capital Raises Stake in Annies, Inc. (BNNY) to 5.2%
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SAC Capital Shows New 5.62% Stake in Momenta Phamaceuticals, Inc. (MNTA)
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Market Wrap: Men's Wearhouse/Jos. A. Bank Strike Deal; Fuel Cell Stocks Pop, Drop; Bye, Bye Fannie and Freddie?
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Cohen's SAC Capital to Take on New Name in April
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SAC Capital Raises Stake in Walter Investment Management Corp (WAC) to 5.07%
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Pre-Open Stock Movers 3/7: (SKUL) (BIG) (GTAT) Higher; (NVTL) (ALSK) (VNEM) Lower (more...)
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After Hours Stock Movers 3/6: (SKUL) (CMTL) (GOGO) Higher; (NVTL) (ALSK) (VMEM) Lower (more...)
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Gogo (GOGO) Higher on SAC Capital 13G
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Market Wrap: Americans Gain Wealth in 2013; Giant Grocery Deal; Bitcoin's Roots Exposed
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SAC Capital Raises Stake in GOGO (GOGO) to 5.41%
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Pre-Open Stock Movers 2/28: (CETV) (OTVI) (MELI) Higher; (ELGX) (MDVN) (DECK) Lower (more...)
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After Hours Stock Movers 2/27: (OVTI) (MELI) (SLXP) Higher; (ELGX) (YUME) (DECK) Lower (more...)
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SAC Capital Shows New 5% Stake in ITT Educational Services, Inc. (ESI)
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SAC Capital compliance chief Kessler to step down - Bloomberg
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Top 10 News for 02/03 - 02/07: Scepter Passed at Microsoft; Twitter's Post-IPO High Fades; Jobs Absent in Jan.
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Ex-SAC Fund Manager Martoma Found Guilty of Insider Trading
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SAC Capital insider trading trial jury says it has a verdict
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Two Hedge Fund Titans Look to Squeeze Tilson in Lumber Liquidators (LL)
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SAC Capital Raises Stake in Lumber Liquidators Holdings (LL) to 5.0%
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SAC Capital Plans to Rebrand Following Insider Trading Settlement
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SAC Capital Discloses 5.6% Stake in Retrophin (RTRX)
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Pre-Open Stock Movers 1/16: (ZOOM) (SRPT) (CEC) Higher; (BBY) (NUS) (C) Lower (more...)
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After Hours Stock Movers 1/15: (ZOOM) (SRPT) (TXTR) Higher; (GLOG) (AMRN) (CSX) Lower (more...)
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SAC Capital Shows New 5.01% Stake in Textura Corp (TXTR)
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SAC Capital Raises Stake in PDC ENERGY (PDCE) to 5.1%
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Intercept Pharma (ICPT) Gain is $200M Boon for SAC Capital and Steven Cohen
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Pre-Open Stock Movers 1/3: (FEYE) (GV) (FNSR) Higher; (RFIL) (JMBA) (S) Lower (more...)
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After Hours Stock Movers 1/2: (FEYE) (GV) (RECN) Higher; (LNDC) Lower (more...)
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SAC Capital Shows New 5.6% Stake in E-House (EJ)
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Market Wrap: Markets Have Best Run Since '90s in 2013; Consumer's Confident in December
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Cohen's SAC Capital Raises Stake in Crocs, Inc. (CROX) to 5.0%
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Pre-Open Stock Movers 12/19: (ALIM) (AKS) (ORCL) Higher; (CIE) (GIG) (FB) Lower (more...)
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After Hours Stock Movers 12/18: (ALIM) (PSDV) (ORCL) Higher; (GIG) (APOG) (ROSE) Lower (more...)

