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Wednesday, April 7, 2010 as of 11:14 AM ET

Steven A. Cohen

Steven A. Cohen

Steven "Steve" A. Cohen (born 11 June 1956) is an American hedge fund manager. He is the founder of SAC Capital Advisors, a Stamford, Connecticut-based hedge fund focusing primarily on equity market strategies.

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What the Big Guns are Doing

Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.

While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...

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  1. Ex-SAC manager calls Jiau's stock tips "perfect"

    By Jonathan StempelNEW YORK (Reuters) - A former portfolio manager at hedge fund SAC Capital Advisors testified a consultant on trial for insider trading regularly p...

  2. SAC Faces Insider Trading Probe: Report

    SAC Capital Advisors LP faces an insider trading probe from the U.S. Securities and Exchange Commission related to the $15 billion takeover of biotechnology firm Med...

  3. SAC faces insider trading probe on MedImmune: report

    (Reuters) - SAC Capital Advisors LP faces an insider trading probe from the U.S. Securities and Exchange Commission related to the $15 billion takeover of biotechnol...

  4. Two more plead in expert network insider probe

    By Grant McCoolNEW YORK (Reuters) - A former hedge fund manager and a one-time Nvidia Corp analyst on Friday admitted conspiring with a technology industry consultan...

  5. Rajaratnam verdict shocks some at hedge fund event

    By Svea Herbst-BaylissLAS VEGAS (Reuters) - Some hedge fund managers and investors attending a conference here audibly gasped when the news flashed on TV screens tha...

  6. Former SAC analyst settles insider charges with SEC

    By Matthew Goldstein and Svea Herbst-BaylissNEW YORK/BOSTON (Reuters) - Former SAC Capital Advisors LP analyst Jonathan Hollander reached a settlement with U.S. secu...

  7. Blackstone hedge fund seeder business gets traction

    By Svea Herbst-BaylissBOSTON (Reuters) - Wealthy investors are showing a healthy appetite these days for newly minted hedge fund managers, judging by the activity in...

  8. FBI Raids Three Hedge Funds in Insider-Trading Case

    Federal Bureau of Investigation agents raided Monday the offices of three hedge funds as part of a high-profile insider-trading investigation, and more could be on t...

  9. Authorities may be close to filing insider trader cases

    By Matthew GoldsteinNEW YORK (Reuters) - Federal authorities may file a series of insider trading cases against hedge fund traders, consultants and Wall Street banke...

  10. Market Analysts Say: False Hindenburg Omen Signal

    Way too much attention paid to the Hindenburg Omen, that this dreaded technical pattern flashed a negative signal recently in the markets, indicating a coming crash....

  11. Market Analysts Say: False Hindenburg Omen Signal

    August 26, 2010 8:43 AM Market Analysts Say: False Hindenburg Omen Signalby Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome Average: 3 ( 20 votes)Comme...

  12. Hedge funds post July gains; some score big

    * Citadel, SAC among strong performers (Adds details from Hedge Fund Research)By Svea Herbst-BaylissBOSTON (Reuters) - Hedge funds posted small gains in July but lag...

  1. Judge Refuses to Dismiss Madoff-NY Mets Case

    Owners of the New York Mets struck out as a federal judge refused to dismiss a $386 million lawsuit by the trustee seeking money for victims of Bernard Madoff's frau...

  2. FBI Makes More Arrests in Insider Trading Probe

    Authorities arrested four people and will announce charges against several more on Wednesday as part of the government's sweeping probe into insider trading at hedge...

  3. Exclusive: Steve Cohen's fund to get into reinsurance business

    By Svea Herbst-BaylissSteven A. Cohen, who built one of the world's biggest and most successful hedge funds, is branching out and plans to set up his own reinsurance...

  4. SAC trades reviewed, regulators may face tough road

    By Svea Herbst-BaylissA laundry list of referrals about trading at SAC Capital have shed new light on the firm's opportunistic bets but also illustrate why regulator...

  5. Madoff: I'm a Victim, Too

    Bernie Madoff is feeling pretty grand these days. He’s got reporters (including myself) hounding him for interviews and his insight into Wall Street and its misgivin...

  6. Ex-hedge fund manager settles trading violation

    BOSTON (Reuters) - Former hedge fund manager Forrest Fontana, who once worked for industry titan Steven A. Cohen's SAC Capital Advisors, will pay nearly $1 million t...

  7. At insider trial, defense attacks witness' drug use

    By Jonathan StempelNEW YORK (Reuters) - A defense lawyer for a technology consultant who faces insider trading charges tried to shatter the credibility of a key pros...

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