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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Karen Short to Join Deutsche Bank as Food Retail Research Analyst
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Streetinsider.com After-Hours Movers 06/06: (CCUR) (AYR) (RLD) Higher; (IRM) (ZQK) (LAMR) Lower (more...)
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SAC Capital Raises Stake in Lamar Advertising Co (LAMR) to 5.3%
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Form SC 13G LAMAR ADVERTISING CO/NEW Filed by: SAC Capital Advisors LP
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Form SC 13G ITT EDUCATIONAL SERVICES Filed by: SAC Capital Advisors LP
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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Cohen's SAC Could See Majority of Outside Funds Withdrawn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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Form SC 13G Macquarie Infrastructure Filed by: SAC Capital Advisors LP
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Money Keeps Bleeding from Cohen's SAC as Blackstone (BX) May Double Withdrawal
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Morgans Hotel Group Board Best Positioned To Maximize Shareholder Value
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Large Investor Withdraws Funds from SAC Capital; Says Firm Now Less Transparent
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Wohl & Fruchter LLP and Pomerantz Grossman Hufford Dahlstrom & Gross LLP File Consolidated Class Action Complaint on Behalf of Investors in Elan Corporation, plc Alleging Insider Trading by S.
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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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Form SC 13G TESSERA TECHNOLOGIES Filed by: SAC Capital Advisors LP
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Form 13F-HR SAC Capital Advisors LP For: Mar 31
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Material Sciences Expands Board of Directors to Eight; Appoints Ryan J. Levenson as Director
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SAC Capital Raises Stake in Nexstar Broadcasting (NXST) to 5.3%
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Form SC 13G NEXSTAR BROADCASTING Filed by: SAC Capital Advisors LP
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Form SC 13G RENAISSANCERE HOLDINGS Filed by: SAC Capital Advisors LP
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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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Form SC 13G Silver Bay Realty Trust Filed by: SAC Capital Advisors LP
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Form SC 13G OPENTABLE INC Filed by: SAC Capital Advisors LP
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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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Form SC 13G Celldex Therapeutics, Filed by: SAC Capital Advisors LP
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North Shore-LIJ to Hold Major Fundraiser Thursday at Intrepid
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SAC Capital Boosts Stake in Infinity Pharma (INFI) to 5.05%
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Form SC 13G INFINITY PHARMACEUTICALS Filed by: SAC Capital Advisors LP
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Appaloosa Management's David Tepper Leads the Latest Ranking by Institutional Investor's Alpha of the World's 25 Top-Earning Hedge Fund Managers
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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%
