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 Raises Stake in Trulia, Inc. (TRLA) to 5.21%
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SAC Capital Raises Stake in MOVE (MOVE) to 5.08%
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SAC Capital Raises Stake in The Fresh Market (TFM) to 5.1%
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OncoMed (OMED) Initiates OMP-18R5 + Abraxane Phase 1b
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SAC Capital Raises Stake in Clearwater Paper (CLW) to 8.74%
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Cohen's SAC Capital Shows New 5% Stake in Tile Shop Holdings (TTS)
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SAC Capital Raises Stake in Armstrong World Industries, Inc. (AWI) to 7.03%
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SAC Capital Raises Stake in KAR Auction Services (KAR) to 5.17%
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SAC Capital Raises Stake in Vitamin Shoppe (VSI) to 5.04%
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Top 10 News for 11/04 - 11/08: Twitter (Now) for Traders; No Buyers for BlackBerry; Teslas on Fire
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Market Wrap: BlackBerry's Sale Fail; Twitter Boosts IPO Expectations; SAC's 'Milestone' Settlement
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SAC Capital agrees to plead guilty to end U.S. insider trading case
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SAC Capital press conference will be set for 1pm ET - U.S.
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Market Wrap: Facebook + BlackBerry?; Nasdaq Troubled Again; Take-Two Crushes Estimates
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SAC Capital To Plead Guilty to Securities Fraud
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SAC Capital said closing down London office by the end of the year - Bloomberg
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SAC Capital Trader Lia Forcina Said to Leave Firm for Bluecrest Capital
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U.S., SAC Capital agree in principal to more than $1B penalty - WSJ
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SAC Capital Shows New 5.2% Stake in Arrowhead Research (ARWR)
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Pre-Open Stock Movers 9/25: (MAKO) (ONTY) (ASNA) Higher; (CLVS) (LNDC) (AIR) Lower (more...)
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After-Hours Stock Movers 9/24: (ASNA) (DVAX) (NE) Higher; (CLVS) (LNDC) (CCK) Lower (more...)
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Cohen's SAC Capital Raises Stake in SunEdison (SUNE) to 5.1%
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Cohen's SAC Capital Raises Stake in Clearwater Paper (CLW) to 8.14%
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Pre-Open Stock Movers 8/30: (SOL) (CRM) (SPLI) Higher; (KKD) (OVTI) (PSUN) Lower (more...)
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SAC Capital Raises Stake in NQ Mobile (NQ) to 5.5%
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Pre-Open Stock Movers 8/29: (MEI) (GES) (VOD) Higher; (COCO) (SIG) (TFM) Lower (more...)
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After-Hours Stock Movers 8/28: (PRCP) (GES) (GAME) Higher; (TFM) Lower (more...)
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Cohen's SAC Capital Raises Stake in Diamond Foods (DMND) to 5.12%
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SAC Capital Shows New 5.08% Stake in LIN Media (LIN)
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SAC Capital Raises Stake in Sinclair Broadcast Group, Inc. (SBGI) to 5.24%
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SAC Capital Raises Stake in Childrens Place (PLCE) to 5.07%
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SAC Capital Raises Stake in COMPUWARE (CPWR) to 5.06%
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Top 10 News for 07/22 - 07/26: Apple Silences Critics; Mobile 'Likes' Facebook; Dell Back in Play
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Morgan Stanley (MS), BofA (BAC) Keep Ties with SAC Capital - Bloomberg
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Market Wrap: Hammer Falls on SAC; No Real Money for Zynga; Wells Out of Mortgage JVs
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No 'Insider Trading Group' Here - Citadel
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SAC Capital: We 'Never Encouraged or Tolerated Insider Trading' - Bloomberg
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Steven Cohen's SAC Capital Charged with Insider Trading
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U.S. Grand Jury Indicts SAC Capital Over Securities, WIre Fraud
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SAC capital Advisors indicted by Federal Grand jury in N.Y. - Bloomberg
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Streetinsider.com's Hot Lunchtime Reads 07/23: (GOOG) (BTU) (VZ) (KOG) (ISRG)
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Julian Robertson Doesn't See Big Impact on Hedge Funds From SEC Case Against Steven Cohen; Likes Google's (GOOG) Culture over Apple's (AAPL)
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Top SAC Capital Holdings on Watch as SEC Charges Cohen
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SEC Charges Steven A. Cohen For Failing to Supervise Portfolio Managers and Prevent Insider Trading
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SAC Capital Raises Stake in WebMD Health Corp. (WBMD) to 5.19%
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Top Ten News 7/01-7/05: Jobs Show Up; Onyx (ONXX) In Play; Yields in Focus
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Teflon Stevie Cohen
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Cohen's SAC Capital Outperforms in June
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Cohen's SAC Capital Raises Stake in Zoetis (ZTS) to 7.72%
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Streetinsider.com After-Hours Movers 06/06: (CCUR) (AYR) (RLD) Higher; (IRM) (ZQK) (LAMR) Lower (more...)

