Billionaire Steve Cohen Pours $205,519,000 Into Wells Fargo, US Bank and Other Lenders, Trims Position in Warren Buffett Favorite
Steve Cohen, through Point72 Asset Management, has invested $205.5 million into major U.S. banks, including Wells Fargo and US Bancorp, while trimming his position in Warren Buffett’s favorite stock. This move signals confidence in the banking sector despite recent challenges.