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 Lamar Advertising Co (LAMR) to 5.3%
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Market Wrap: Jobs Added, But Not Enough; Treasury to Unload 30M More GM; Yahoo!'s Facelift
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UPDATE: SAC Capital Said to Tell Employees the Fund Will Survive Redemptions, No Layoffs Planned
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Market Wrap: U.S. Manufacturing Reverses Course; Zynga Cuts Staff-ville; Large REITs to Merge
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Cohen's SAC Could See Majority of Outside Funds Withdrawn
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SAC Capital Raises Stake in Macquarie Infrastructure Co. Trust (MIC) to 5.1%
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Money Keeps Bleeding from Cohen's SAC as Blackstone (BX) May Double Withdrawal
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Large Investor Withdraws Funds from SAC Capital; Says Firm Now Less Transparent
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Market Wrap: New Home Sales Surge; ChannelAdvisor Goes Public; Japan Falls Flat
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SAC's President, Compliance Chief and Head of Trading Subpoenaed
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Headline, Performance Risk Pressure SAC Capital; May Close to New Investors
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Market Wrap: Yahoo, Tumblr Make it Official; New CEO at Chesapeake; SAC's Cohen Subpoenaed
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SAC's Cohen Subpoenaed by U.S. as Insider Trading Probe Intensifies
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Cohen's SAC Capital Says Cooperation With U.S. No Longer 'Unconditional' - Bloomberg
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SAC Capital Raises Stake in Tessera Technologies, Inc. (TSRA) to 5.01%
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SAC Capital Raises Stake in Nexstar Broadcasting (NXST) to 5.3%
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SAC's Steinberg trial set for November 18, judge says
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SAC Capital strengthens compliance, including pay clawbacks
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SAC Capital Raises Stake in Silver Bay Realty Trust (SBY) to 5.8%
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SAC Capital Shows New 5.03% Stake in OPENTABLE (OPEN)
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UPDATE: SAC Capital Will Give Investors More Time on Full Redemption
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Cohen's SAC Capital Raises Stake in Celldex Therapeutics (CLDX) to 5.36%
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SAC Capital Boosts Stake in Infinity Pharma (INFI) to 5.05%
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SAC Capital Sued by Wyeth Investors Over Alleged Insider Trading
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SAC Capital Raises Stake in American Woodmark Corp (AMWD) to 5.1%
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SAC's Cohen Keeps Close Eye on Skechers (SKX) Halt
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SAC Capital Reports 5.1% Passive Stake in Skechers (SKX)
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Cohen's SAC Capital Raises Stake in Celldex (CLDX) to 4.9%
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StreetInsider.com Pre-Open Movers 4/02: (BGCP) (OMPI) (NUAN) Higher; (AFFY) (NAT) (HPQ) Lower (more...)
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Streetinsider.com After-Hours Movers 4/01: (BGCP) (NUAN) (HUM) Higher; (NAT) (NDAQ) (SCVL) Lower (more...)
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SAC Capital Raises Stake in Supervalu, Inc. (SVU) to 5.06%
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SAC Capital Raises Stake in Stage Stores, Inc. (SSI) to 5.52%
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Walter Energy (WLT) Sees Upside on Takeover Rumors
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Stevie Cohen Buys a $155M 'I'm Not Going to Jail' Present
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StreetInsider.com Pre-Open Movers 03/26: (BSFT) (RFMD) (BBRY) Higher; (ZIOP) (GMAN) (CLMT) Lower (more...)
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Streetinsider.com After-Hours Movers 3/25: (SONC) (AFOP) (WLT) Higher; (COA) (CLMG) (GMAN) Lower (more...)
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SAC Capital Raises Stake in Walter Energy, Inc. (WLT) to 5.35%
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Cohen's SAC Capital Outpaces Peers in 2013 as Feds Sharpen Claws
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Cohen's SAC Capital Raises Stake in Carters (CRI) to 5.1%
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SAC Capital Raises Stake in LogMein, Inc. (LOGM) to 5.05%
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SAC Capital's CR Intrinsic to pay more than $600 million in insider trading case
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Billionaire Anschutz Pulls LA Kings Owner AEG Off the Market
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SAC Capital Raises Stake in SM Energy (SM) to 5.19%
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SAC Capital Raises Stake in ANN, Inc. (ANN) to 5.34%
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SAC Capital Raises Stake in Annies, Inc. (BNNY) to 5.02%
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SAC Capital Raises Stake in Northstar Realty Finance Corp. (NRF) to 5%
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Cohen's SAC Capital Raises Stake in Marriott Vacations (VAC) to 7.98%
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SAC Capital Raises Stake in Repros Therapeutics (RPRX) to 5.16%
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Cohen's SAC Capital Raises Stake in GNC Holdings (GNC) to 5.23%
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SAC Investors May Redeem More than Expected Amid SEC Scrutiny

