Point72 Exits Strategy Stake, Opens $2.1M Position in Strive

BitcoinWorld Point72 Exits Strategy Stake, Opens $2.1M Position in Strive Point72, the hedge fund founded by billionaire investor Steven Cohen, has liquidated its entire stake in Strategy (MSTR) and established a new position in Strive (ASST), according to a recent 13F filing with the U.S.

Securities and Exchange Commission. The filing, which covers holdings as of June 30, shows Point72 sold all 72,431 shares of Strategy it previously held. In a parallel move, the fund initiated a position of 163,419 shares in Strive, valued at approximately $2.1 million.

Understanding the 13F Filing Institutional investment managers with at least $100 million in assets under management are required to file Form 13F with the SEC within 45 days of the end of each calendar quarter.

This form discloses their equity holdings, providing the public with a snapshot of what large funds are buying and selling. The filing does not indicate the exact dates of the trades, only the holdings as of the quarter’s end.