About this page
WallStPal explains public SEC filings and congressional stock trade reports in plain English. Nothing is for sale; the site is free and supported by ads.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- 13F
- A quarterly list of U.S. stocks held by an investment manager with more than $100 million, filed within 45 days after each quarter ends.
- STOCK Act
- A 2012 law that requires members of Congress to report stock trades by themselves, a spouse or a dependent child within 45 days.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
We read the long, boring forms that grown-ups file with the government and tell you what they say in normal words.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
Steve Cohen
Founder of Point72; owner of the New York Mets
- Full name
- Steven Alan Cohen
- Born
- 1956, Great Neck, New York
Who is Steve Cohen?
Cohen founded SAC Capital in 1992. After SAC pleaded guilty to insider trading in 2013, it stopped managing outside money, and Cohen later opened Point72 to outside investors in 2018. He bought the New York Mets in 2020.
Point72 Asset Management: what the fund holds
| Top holdings | Value | % of fund | Change |
|---|---|---|---|
| CRDO CREDO TECHNOLOGY GROUP HOLDI | $1.67B | 2.6% | trimmed |
| ASML ASML HLDG NV | $1.10B | 1.7% | trimmed |
| AMZN AMAZON COM INC | $1.06B | 1.6% | trimmed |
| MKSI MKS INC. | $888.2M | 1.4% | added |
| ANET ARISTA NETWORKS INC | $873.1M | 1.3% | trimmed |
| STX SEAGATE TECHNOLOGY HLDNGS PL | $794.1M | 1.2% | added |
| AMD ADVANCED MICRO DEVICES INC | $771.7M | 1.2% | trimmed |
| TSM TAIWAN SEMICONDUCTOR MANUFAC | $766.0M | 1.2% | trimmed |
| SNOW SNOWFLAKE INC | $716.1M | 1.1% | added |
| PG PROCTER & GAMBLE CO | $633.9M | 1.0% | added |
New positions: TXN, CCL, ATO, FLEX, CVS. Sold out of: PH, ROST, CCL, APLS, LUMENTUM HLDGS INC.
Examples
Founders often sell stock on a schedule set months in advance (a 10b5-1 plan) to pay taxes or diversify, so a sale is not always a sign of doubt. A large open-market purchase with their own money is rarer and usually says more. In January 2016, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million, and the purchase was widely read as confidence in the bank.
Explain it like I'm 13
Imagine the founder of your favorite game company owns a giant pile of its shares. Each time they sell some, give some away, or buy more, they must tell the government within two business days. This page adds up those notes so you can see how big the pile is and what they have been doing with it.
From public SEC filings. Information, not investment advice. Values are estimates at the latest weekly price.