What's Steven Cohen's SAC Capital Buying? A Few Banks Among Other Things (BK, C)

May 19, 2008 5:03 PM EDT

Steven Cohen's SAC Capital issud their 13F for the quarter ended March 31, 2008 on May 15th. Below are few notable trades from the filing:

Notable Raised Stakes:
Assured Guaranty Ltd. (NYSE: AGO) from 1,672,107 shares to 2,852,834 shares
Auxilium Pharmaceuticals Inc. (Nasdaq: AUXL) from 489,525 shares to 1,691,426 shares
Aventine Renewable Energy Holdings, Inc (NYSE: AVR) from 106,100 shares to 1,432,400 shares
The Bank of New York Mellon Corporation (NYSE: BK) from 38,400 shares to 1,986,900 shares
Celanese Corp. (NYSE: CE) from 1,004,100 shares to 2,065,000 shares
Citigroup Inc. (NYSE: C) from 514,700 shares to 1,405,400 shares
Elan Corp. plc (NYSE: ELN) from 935,926 shares to 5,919,513 shares
Firstenergy Corp. (NYSE: FE) from 426,000 shares to 1,065,100 shares
Imclone Systems Inc. (Nasdaq: IMCL) from 500,000 shares to 2,150,657 shares
Indevus Pharmaceuticals Inc. (Nasdaq: IDEV) from 1,208,990 shares to 2,589,971 shares
Merck (NYSE: MRK) from 121,800 shares to 1,349,500 shares
National Oilwell Varco (NYSE:NOV) from 3,200 shares to 1,572,500 shares
NVIDIA (Nasdaq: NVDA) from 39,389 shares to 651,550 shares
Oracle (Nasdaq: ORCL) from 506,739 shares to 1,517,240 shares
PerkinElmer Inc. (NYSE: PKI) from 200 shares to 911,600 shares
Research In Motion Ltd. (Nasdaq: RIMM) from 103,527 shares to 1,604,560 shares
Service Corp. International (NYSE: SCI) from 3,863,500 shares to 5,836,965 shares
Tenet Healthcare Corp. (NYSE: THC) from 535,349 shares to 1,824,470 shares
Tenneco Inc. (NYSE: TEN) from 99,373 shares to 1,666,725 shares
TETRA Technologies Inc. (NYSE: TTI) from 219,618 shares to 1,051,261 shares
Wal-Mart Stores Inc. (NYSE: WMT) from 400,000 shares to 913,700 shares
Xenoport, Inc. (Nasdaq: XNPT) from 187,500 shares to 994,615 shares
Yahoo! Inc. (Nasdaq: YHOO) from 128,900 shares to 8,194,000 shares

Notable New Stakes:
Live Nation, Inc. (NYSE: LYV) new 950,100 shares
Pier 1 Imports Inc. (NYSE: PIR) new 2,001,000 shares
PPL Corporation (NYSE: PPL) new 1,539,864 shares
Stryker Corp. (NYSE: SYK) new 241,425 shares
Sirona Dental Systems Inc. (Nasdaq: SIRO) new 692,033 shares
Wal-Mart Stores Inc. (NYSE: WMT) new 1,118,300 shares

Notable Lowered Stakes:
ON SEMICONDUCTOR (Nasdaq: ONNN) from 1,775,000 shares to 275,975 shares

Link to the full 13-F

SAC is a multi-strategy, private asset management firm founded by Steven A. Cohen in 1992 with 9 employees and $25 million in assets under management. As of September 2007, the firm has grown to over 800 employees with approximately $14 billion in assets under management. Cohen is considered one of the best traders in the market today.

You can also track all SAC Capital related news at StreetInsider.com here. StreetInsider.com Premium members can get e-mail alerts when there is new SAC Capital news.


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AGO 12.46

+0.41 +3.40%
Volume: 4,350
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AUXL 29.28

-0.26 -0.88%
Volume: 19,639
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AVR 2.01

+0.06 +3.08%
Volume: 11,050
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BK 27.46

+0.56 +2.08%
Volume: 238,861
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C 17.45

+0.04 +0.23%
Volume: 6,400,316
Track C

CE 20.52

+0.36 +1.79%
Volume: 27,640
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ELN 9.86

+0.17 +1.75%
Volume: 182,502
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FE 56.88

+0.22 +0.39%
Volume: 95,513
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IDEV 2.83

-0.11 -3.74%
Volume: 36,478
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IMCL 67.14

+0.25 +0.37%
Volume: 519,735
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LYV 13.83

+0.00 +0.00%
Volume: 1,171,586
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MRK 30.99

+0.95 +3.16%
Volume: 908,823
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NVDA 7.86

+0.01 +0.13%
Volume: 1,240,128
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ONNN 5.36

+0.15 +2.88%
Volume: 566,852
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ORCL 17.96

-0.34 -1.86%
Volume: 4,283,341
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PIR 3.14

-0.03 -0.95%
Volume: 10,400
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PKI 23.08

+0.06 +0.26%
Volume: 14,191
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PPL 33.65

+0.04 +0.12%
Volume: 167,877
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RIMM 60.19

+0.53 +0.89%
Volume: 2,208,523
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SCI 7.36

-0.04 -0.54%
Volume: 21,899
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SIRO 17.73

-0.02 -0.11%
Volume: 8,919
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SYK 58.30

+1.12 +1.96%
Volume: 96,247
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TEN 7.49

+0.01 +0.13%
Volume: 28,450
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THC 4.47

-0.04 -0.89%
Volume: 62,123
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TTI 10.53

+0.06 +0.57%
Volume: 19,258
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WMT 57.92

+0.02 +0.03%
Volume: 1,180,052
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XNPT 44.83

-0.63 -1.39%
Volume: 13,110
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YHOO 15.16

-0.15 -0.98%
Volume: 1,337,383
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