In a significant portfolio shift, Steve Cohen's Point72 Asset Management has completely sold off its position in e-signature company DocuSign (DOCU). According to a recent SEC disclosure, the firm liquidated its entire stake of 2.24 million shares, which was previously valued at approximately $106.18 million. The filing reflects changes in Point72's holdings as of June 30, 2026, and was made public on August 14, 2026.
Investors should note that 13F filings are submitted to the SEC quarterly and represent a snapshot of a firm's portfolio on a specific date, meaning these trades occurred at an undisclosed time during the second quarter. While the firm has not publicly commented on its reasons for exiting the position, the move is a notable change in its investment outlook on the software company.