Cohen’s Point72 Buys Energy Shares With EQT, Southwestern Stakes
This article is for subscribers only.
Point72 Asset Management, the investment firm that manages the wealth of billionaire trader Steve Cohen, bought stakes in energy companies EQT Corp. and Southwestern Energy Co. in the first quarter.
The firm bought 2.28 million shares of EQT valued at $189 million as of March 31, according to a quarterly filing with the U.S. Securities and Exchange Commission. Point72 bought 4.8 million shares of Southwestern Energy, which were worth $111 million.