Steven Cohen and SAC Capital Are Crazy About Yahoo!, Micron Technology
Steven Cohen and SAC Capital Advisors have released their top equity positions from Q3 in a filing with the SEC. The latest 13F reveals that Cohen is extremely bullish on Yahoo! Inc. (NASDAQ:YHOO), increasing their stake in the internet giant by 764%. SAC currently owns 7.5 million Yahoo! shares with a reported value of 251 million. The fund's second biggest position is Micron Technology, Inc. (NASDAQ:MU), with 12 million shares valued at $212 million.
The third biggest equity investment is Zoetis Inc (NYSE:ZTS), followed by The Walt Disney Company (NYSE:DIS) and Comcast Corporation (NASDAQ:CMCSA).