Steve Cohen (D-TN-9), a current Democratic member of the House, has disclosed 172 trades since 2013: 77 purchases worth about $10.70M and 92 sales worth about $1.54M, in 64 stocks. Most traded: FHN, BRK-B, CVX. As a portfolio, their stock holdings and trades returned +172.1% from Jan 2014, against +311.3% for the S&P 500. Trades took a median 15 days to be disclosed; 7 came late.
Steve Cohen’s disclosed stock holdings and trades run as one portfolio, against the S&P 500: what $10,000 would have grown to. Since January 2014: +172.1%, against +311.3% for SPY; the largest fall on the way was -36.3%.
| Portfolio | Since | Return | S&P 500 | Difference | CAGR | Max Drawdown | Sharpe | Beta |
|---|---|---|---|---|---|---|---|---|
| Steve Cohen | Nov 2025 | +15.5% | +10.1% | +5.4% | – | -8.1% | 1.18 | 0.35 |
| Portfolio | Since | Return | S&P 500 | Difference | CAGR | Max Drawdown | Sharpe | Beta |
|---|---|---|---|---|---|---|---|---|
| Steve Cohen | Nov 2023 | +55.1% | +72.6% | -17.5% | +15.8% | -12.8% | 1.19 | 0.60 |
| Portfolio | Since | Return | S&P 500 | Difference | CAGR | Max Drawdown | Sharpe | Beta |
|---|---|---|---|---|---|---|---|---|
| Steve Cohen | Nov 2021 | +56.6% | +61.1% | -4.5% | +9.4% | -19.4% | 0.70 | 0.67 |
| Portfolio | Since | Return | S&P 500 | Difference | CAGR | Max Drawdown | Sharpe | Beta |
|---|---|---|---|---|---|---|---|---|
| Steve Cohen | Jan 2026 | +12.0% | +10.1% | +1.9% | – | -8.1% | 1.07 | 0.34 |
| Portfolio | Since | Return | S&P 500 | Difference | CAGR | Max Drawdown | Sharpe | Beta |
|---|---|---|---|---|---|---|---|---|
| Steve Cohen | Jan 2014 | +172.1% | +311.3% | -139.2% | +8.1% | -36.3% | 0.55 | 0.86 |
How it is built. On each annual financial disclosure’s filing date the book is reset to the stocks the report lists, at the midpoints of their value ranges. Between reports, each disclosed purchase buys the midpoint of its range at the trade-date close and each sale sells its midpoint. Options count as their underlying stock at their reported value. Returns are time-weighted on split-adjusted prices without dividends, for SPY as well. ETFs, funds, bonds and private holdings are not modelled, and a former member’s record ends with their last term.
| Stock | Sector | Held (est.) | Weight | Return Held | Trades | Buys | Sells | Bought (est.) | Sold (est.) | Buys vs SPY | Last Traded |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BRK-BBerkshire Hathaway Inc | Financial Services | $634.91K | 16.8% | +15.4% | 7 | 3 | 4 | $73.00K | $81.00K | +46.3% | May 11, 2020 |
| IBMInternational Business Machines Corp | Technology | $518.31K | 13.7% | +15.2% | 3 | 0 | 3 | $0.00 | $48.50K | – | Mar 26, 2020 |
| MSFTMicrosoft Corp | Technology | $450.73K | 11.9% | +20.2% | 2 | 0 | 2 | $0.00 | $65.00K | – | Mar 26, 2020 |
| MARMarriott International Inc /Md/ | Consumer Discretionary | $206.28K | 5.4% | +17.9% | 1 | 0 | 1 | $0.00 | $8.00K | – | Apr 17, 2020 |
| XOMExxonMobil Holdings Corp | Energy | $199.18K | 5.3% | +13.8% | 2 | 0 | 2 | $0.00 | $16.00K | – | Apr 17, 2020 |
| FDXFedex Corp | Industrials | $183.99K | 4.9% | +5.1% | 2 | 1 | 1 | $32.50K | $8.00K | -13.6% | Jun 29, 2023 |
| NOCNorthrop Grumman Corp /De/ | Industrials | $179.78K | 4.7% | +2.7% | 1 | 0 | 1 | $0.00 | $32.50K | – | Dec 29, 2025 |
| AZOAutozone Inc | Consumer Discretionary | $171.45K | 4.5% | -2.0% | 2 | 1 | 1 | $32.50K | $8.00K | +71.4% | Apr 17, 2020 |
| LLYELI LILLY & Co | Healthcare | $151.07K | 4.0% | +40.5% | 2 | 0 | 2 | $0.00 | $16.00K | – | Mar 26, 2020 |
| FHNFirst Horizon Corp | Financial Services | $150.57K | 4.0% | +0.4% | 8 | 2 | 6 | $65.00K | $97.00K | -22.0% | May 26, 2023 |
| CVXChevron Corp | Energy | $89.45K | 2.4% | +19.3% | 4 | 0 | 4 | $0.00 | $32.00K | – | May 11, 2020 |
| MAAMid America Apartment Communities Inc. | Real Estate | $70.63K | 1.9% | -5.8% | 2 | 1 | 1 | $32.50K | $8.00K | -219.2% | Apr 17, 2020 |
| TMToyota Motor Corp/ | Consumer Discretionary | $66.72K | 1.8% | +2.6% | 3 | 2 | 1 | $16.00K | $8.00K | -229.0% | Mar 26, 2020 |
| KOCoca Cola Co | Consumer Staples | $38.55K | 1.0% | +18.6% | 4 | 0 | 4 | $0.00 | $32.00K | – | May 11, 2020 |
| SONYSony Group Corp | Technology | $37.16K | 1.0% | +14.3% | 3 | 1 | 2 | $8.00K | $16.00K | -10.2% | Dec 26, 2025 |
Estimates. Held positions are rebuilt from the disclosed trades since 2012 (purchases at the midpoint of their range, less sales) and valued at the last close. Shares bought before 2012, received outside a trade or held in options are not included.
Trades by the month they were made: purchases above the line, sales below.
| Owner | Type | Filing | |||||||
|---|---|---|---|---|---|---|---|---|---|
| US Treas Bills Int Rate 0.000% MAT 2/18/2027Bond | Self | Buy | $250K–$500K | Aug 21, 2026 | Sep 1, 2026 | 11d | – | – | |
| US Treas Bills Int Rate 0.000% MAT 8/5/2027Bond | Self | Buy | $250K–$500K | Aug 21, 2026 | Sep 1, 2026 | 11d | – | – | |
| JPMorgan Chase BK N A INSTL CTF DEP ACT/365 4.200% MAT 8/11/2027Bond | Self | Buy | $100K–$250K | Aug 5, 2026 | Aug 17, 2026 | 12d | – | – | |
| U.S. Tres Bill Int. Rate 0.00% Mat 8/5/2027Bond | Self | Buy | $100K–$250K | Aug 6, 2026 | Aug 17, 2026 | 11d | – | – | |
| US Treas Bills MAT 11/19/26Bond | Self | Buy | $500K–$1M | May 27, 2026 | Jun 17, 2026 | 21d | – | – | |
| US Treas Bill Mat 10/29/2026 DTD 10/30/2025Bond | Self | Buy | $50K–$100K | May 4, 2026 | May 20, 2026 | 16d | – | – | |
| SFGYYSONY FINL GROUP INC U/ADR | Self | Buy | $1K–$15K | Dec 26, 2025 | May 15, 2026 | 140d late | – | – | |
| METROPOLITAN GOVT NA DAVIDSON CNTY TENN HEALTH & ED L FACS BRD 3.750% 03/15/28 BBond | Self | Sell | $1K–$15K | Mar 16, 2026 | Apr 28, 2026 | 43d | – | – | |
| US Treasury Bills, due 8/20/2026Bond | Self | Buy | $500K–$1M | Feb 23, 2026 | Mar 26, 2026 | 31d | – | – | |
| United States Treasury Bill Mat 5/21/26Bond | Self | Buy | $250K–$500K | Feb 20, 2026 | Mar 5, 2026 | 13d | – | – | |
| SONYSony Group Corporation American Depositary Shares | Self | Buy | $1K–$15K | Dec 26, 2025 | Feb 9, 2026 | 45d | -1.2% | -10.2% | |
| FLRFluor Corporation Common Stock | Self | Sell | $15K–$50K | Dec 29, 2025 | Jan 26, 2026 | 28d | +14.8% | +5.4% | |
| NOCNorthrop Grumman Corporation Common Stock | Self | Sell (Partial) | $15K–$50K | Dec 29, 2025 | Jan 26, 2026 | 28d | -3.9% | -13.2% | |
| OZKAPBank OZK - 4.625% Series A Non Cumulative Perpetual Preferred Stock | Self | Sell (Partial) | $15K–$50K | Dec 17, 2025 | Jan 14, 2026 | 28d | – | – | |
| RFICohen & Steers Total Return Realty Fund, Inc. Common Stock | Self | Sell | $1K–$15K | Dec 17, 2025 | Jan 14, 2026 | 28d | -3.0% | -15.0% |
Tip. Hover a row for the filing’s full asset text and comments; the PDF link opens the report itself.
Steve Cohen (D-TN-9), a current Democratic member of the House, has disclosed 172 trades since 2013: 77 purchases worth about $10.70M and 92 sales worth about $1.54M, in 64 stocks. Most traded: FHN, BRK-B, CVX. As a portfolio, their stock holdings and trades returned +172.1% from Jan 2014, against +311.3% for the S&P 500. Trades took a median 15 days to be disclosed; 7 came late.
Rebuilt from their latest annual report and the trades they disclosed since, Steve Cohen still holds 22 stocks; the largest are BRK-B (about $634.91K), IBM (about $518.31K), MSFT (about $450.73K), MAR (about $206.28K), XOM (about $199.18K). Options, funds and private holdings are not in this estimate.
As a portfolio, their stock holdings and trades returned +172.1% from January 2014 to November 2026, against +311.3% for the S&P 500, with a largest fall of -36.3%. On the filing date of each annual financial disclosure, the book is reset to the stocks it lists, at the midpoint of each value range. Between reports, each purchase buys the midpoint of its disclosed range at the trade-date close and each sale sells its midpoint. Options count as their underlying stock at their reported value. ETFs, funds, bonds and private holdings are left out. The return is time-weighted, on prices that are adjusted for splits but not dividends, and SPY is measured the same way. A member's record ends with their last term.
Their trades took a median 15 days to be disclosed. 7 of 172 trades were filed after the 45 days the STOCK Act allows.
Members of Congress disclose trades as dollar ranges, up to 45 days after the trade and sometimes later. Volumes use the midpoints of those ranges and are estimates; portfolio figures are a model built from the disclosed trades, not the members’ actual accounts. Not investment advice.