Return Attribution — Point72 Asset Management
← Portfolio Analysis
Clone backtest (value-weighted, one-quarter signal lag): each position's contribution = its portfolio weight × next-quarter return. Contribution sums equal the segment return of the clone.
Point72 Asset Management (13F portfolio cloned at quarter-end weights) delivered a -2.58% return over the 2026-Q2 → latest period. The clone return is the sum of each position's contribution — portfolio weight times next-quarter price return.
Top drivers in 2026-Q2 → latest: ANET (+0.28%), OKTA (+0.18%), TEAM (+0.17%). Biggest drags: MKSI (-0.40%), CRDO (-0.38%), AMAT (-0.18%). Across all 20 segmented periods, 56 stocks made a positive cumulative contribution and 53 subtracted from performance.
This attribution is a diagnostic tool, not a trading signal. The clone uses end-of-quarter holdings (45+ days after filing, so stale by design), applies quarter-end prices only, and ignores intra-quarter trades, shorts, and derivatives that 13F cannot show.
2026-Q2 → latest segment return
-2.58%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| ANET |
1.1% |
+26.8% |
+0.28% |
| OKTA |
0.3% |
+59.8% |
+0.18% |
| TEAM |
0.1% |
+151.7% |
+0.17% |
| META |
0.6% |
+28.3% |
+0.17% |
| U |
0.3% |
+59.0% |
+0.17% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| MKSI |
1.0% |
-38.6% |
-0.4% |
| CRDO |
2.0% |
-19.1% |
-0.38% |
| AMAT |
0.6% |
-28.1% |
-0.18% |
| STX |
1.0% |
-16.1% |
-0.16% |
| ASML |
1.4% |
-9.0% |
-0.12% |
2026-Q1 → 2026-Q2 segment return
+20.96%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| CRDO |
1.0% |
+189.7% |
+1.92% |
| SNDK |
0.6% |
+257.9% |
+1.44% |
| MU |
0.5% |
+236.3% |
+1.17% |
| AMAT |
0.9% |
+110.6% |
+0.96% |
| AMD |
0.5% |
+182.0% |
+0.96% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| BSX |
0.5% |
-32.0% |
-0.16% |
| TMUS |
0.5% |
-20.4% |
-0.1% |
| BP |
0.4% |
-21.4% |
-0.08% |
| ISRG |
0.6% |
-13.7% |
-0.08% |
| OXY |
0.3% |
-23.4% |
-0.07% |
2025-Q4 → 2026-Q1 segment return
-0.54%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| SNDK |
0.2% |
+167.6% |
+0.4% |
| TER |
0.6% |
+54.0% |
+0.35% |
| LITE |
0.2% |
+95.0% |
+0.21% |
| TSM |
1.8% |
+11.7% |
+0.21% |
| COHR |
0.7% |
+29.1% |
+0.21% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| CRDO |
1.0% |
-34.8% |
-0.36% |
| MSFT |
1.3% |
-22.8% |
-0.29% |
| SE |
0.8% |
-34.7% |
-0.27% |
| TEAM |
0.4% |
-57.9% |
-0.23% |
| MDB |
0.5% |
-41.7% |
-0.2% |
2025-Q3 → 2025-Q4 segment return
+4.4%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| PRAX |
0.1% |
+456.1% |
+0.64% |
| COHR |
0.7% |
+71.3% |
+0.53% |
| TER |
1.0% |
+40.6% |
+0.4% |
| BIIB |
1.2% |
+25.6% |
+0.31% |
| AMD |
0.9% |
+32.9% |
+0.3% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| ANET |
2.2% |
-10.0% |
-0.22% |
| SE |
0.6% |
-28.6% |
-0.17% |
| MSFT |
2.7% |
-6.1% |
-0.16% |
| LCID |
0.2% |
-55.6% |
-0.13% |
| META |
1.2% |
-10.2% |
-0.12% |
2025-Q2 → 2025-Q3 segment return
+9.21%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| ANET |
1.9% |
+42.6% |
+0.82% |
| CRDO |
0.8% |
+57.3% |
+0.45% |
| NVDA |
2.5% |
+17.9% |
+0.44% |
| MDB |
0.8% |
+47.8% |
+0.4% |
| SPY |
5.2% |
+7.8% |
+0.4% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| INTU |
0.7% |
-13.5% |
-0.09% |
| LULU |
0.3% |
-25.1% |
-0.08% |
| ISRG |
0.4% |
-17.7% |
-0.08% |
| BRBR |
0.2% |
-37.3% |
-0.08% |
| DIS |
1.0% |
-7.6% |
-0.07% |
2025-Q1 → 2025-Q2 segment return
+13.12%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| CRDO |
0.6% |
+130.6% |
+0.77% |
| SPY |
6.2% |
+10.5% |
+0.65% |
| MSFT |
1.4% |
+33.0% |
+0.47% |
| DIS |
1.5% |
+25.8% |
+0.38% |
| NVDA |
0.7% |
+46.5% |
+0.32% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| UNH |
0.7% |
-40.5% |
-0.28% |
| PCG |
0.6% |
-18.0% |
-0.11% |
| COP |
0.7% |
-13.8% |
-0.09% |
| FANG |
0.6% |
-14.1% |
-0.08% |
| DHR |
1.6% |
-3.5% |
-0.06% |
2024-Q4 → 2025-Q1 segment return
-5.63%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| T |
0.8% |
+24.2% |
+0.2% |
| OKTA |
0.4% |
+33.5% |
+0.13% |
| KO |
0.9% |
+15.0% |
+0.13% |
| UBER |
0.5% |
+20.5% |
+0.1% |
| SPOT |
0.4% |
+23.0% |
+0.08% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
7.8% |
-4.6% |
-0.36% |
| AMZN |
2.1% |
-13.9% |
-0.3% |
| NVDA |
1.3% |
-19.9% |
-0.26% |
| ANET |
0.8% |
-30.6% |
-0.23% |
| CRDO |
0.5% |
-40.2% |
-0.19% |
2024-Q3 → 2024-Q4 segment return
+2.42%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| RDDT |
0.4% |
+147.9% |
+0.59% |
| CRDO |
0.3% |
+118.2% |
+0.37% |
| LITE |
0.7% |
+32.5% |
+0.22% |
| SPY |
9.6% |
+2.2% |
+0.22% |
| QQQ |
4.4% |
+4.7% |
+0.21% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| AMD |
0.4% |
-26.5% |
-0.11% |
| CMCSA |
0.8% |
-10.1% |
-0.08% |
| ALGN |
0.5% |
-18.0% |
-0.08% |
| STX |
0.3% |
-21.2% |
-0.07% |
| ONC |
0.4% |
-17.7% |
-0.07% |
2024-Q2 → 2024-Q3 segment return
+4.16%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
8.4% |
+5.3% |
+0.45% |
| COHR |
0.8% |
+22.7% |
+0.19% |
| MMM |
0.6% |
+29.3% |
+0.18% |
| GEV |
0.3% |
+48.7% |
+0.16% |
| DASH |
0.5% |
+31.7% |
+0.16% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| DG |
0.5% |
-35.8% |
-0.16% |
| ASML |
0.4% |
-18.5% |
-0.08% |
| HUM |
0.5% |
-15.0% |
-0.08% |
| AMZN |
1.9% |
-3.9% |
-0.07% |
| NVO |
0.4% |
-16.9% |
-0.06% |
2024-Q1 → 2024-Q2 segment return
+1.5%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| AVGO |
1.6% |
+21.2% |
+0.33% |
| NVDA |
0.6% |
+37.3% |
+0.23% |
| SPY |
4.7% |
+4.1% |
+0.19% |
| AMZN |
1.7% |
+7.5% |
+0.13% |
| SE |
0.4% |
+32.7% |
+0.13% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| PYPL |
0.8% |
-13.0% |
-0.11% |
| RGEN |
0.3% |
-31.5% |
-0.08% |
| NSC |
0.5% |
-15.3% |
-0.08% |
| DASH |
0.3% |
-22.1% |
-0.07% |
| IWM |
1.9% |
-3.5% |
-0.07% |
2023-Q4 → 2024-Q1 segment return
+6.02%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
11.2% |
+10.0% |
+1.13% |
| NVDA |
0.7% |
+82.7% |
+0.57% |
| META |
0.9% |
+37.6% |
+0.33% |
| AMZN |
1.8% |
+18.5% |
+0.33% |
| WDC |
0.6% |
+30.3% |
+0.17% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| BA |
0.3% |
-26.0% |
-0.07% |
| HUM |
0.3% |
-24.1% |
-0.06% |
| AAPL |
0.5% |
-10.9% |
-0.06% |
| SGML |
0.1% |
-58.9% |
-0.05% |
| PLNT |
0.3% |
-14.2% |
-0.05% |
2023-Q3 → 2023-Q4 segment return
+6.49%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
4.3% |
+11.2% |
+0.48% |
| MSFT |
2.0% |
+18.9% |
+0.38% |
| AMZN |
1.7% |
+19.5% |
+0.34% |
| NVDA |
2.4% |
+13.3% |
+0.32% |
| BA |
0.8% |
+36.0% |
+0.27% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| ARGX |
0.4% |
-22.6% |
-0.08% |
| CVX |
0.4% |
-11.6% |
-0.05% |
| CHTR |
0.3% |
-11.6% |
-0.04% |
| OXY |
0.3% |
-7.8% |
-0.03% |
| BABA |
0.2% |
-10.8% |
-0.02% |
2023-Q2 → 2023-Q3 segment return
-1.55%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| FDX |
1.1% |
+7.4% |
+0.08% |
| RIVN |
0.2% |
+45.7% |
+0.07% |
| NVDA |
2.2% |
+3.0% |
+0.07% |
| GPN |
0.4% |
+17.5% |
+0.06% |
| APP |
0.1% |
+55.7% |
+0.06% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
4.4% |
-3.5% |
-0.15% |
| DG |
0.4% |
-37.5% |
-0.15% |
| MSFT |
2.0% |
-7.3% |
-0.15% |
| ALK |
0.4% |
-30.3% |
-0.11% |
| AMT |
0.7% |
-15.2% |
-0.1% |
2023-Q1 → 2023-Q2 segment return
+5.11%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| META |
1.7% |
+35.3% |
+0.59% |
| AVGO |
1.5% |
+35.0% |
+0.54% |
| NVDA |
0.9% |
+52.1% |
+0.45% |
| SPY |
5.4% |
+8.1% |
+0.44% |
| AMZN |
1.4% |
+25.9% |
+0.37% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| BABA |
0.9% |
-18.5% |
-0.16% |
| ABBV |
0.5% |
-14.7% |
-0.08% |
| ETR |
0.5% |
-8.7% |
-0.04% |
| ILMN |
0.2% |
-19.4% |
-0.04% |
| TMUS |
0.8% |
-3.9% |
-0.03% |
2022-Q4 → 2023-Q1 segment return
+6.31%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| META |
2.0% |
+75.4% |
+1.49% |
| CRM |
1.6% |
+50.7% |
+0.81% |
| AMZN |
1.6% |
+23.0% |
+0.37% |
| TSLA |
0.4% |
+68.1% |
+0.28% |
| AVGO |
1.7% |
+14.6% |
+0.24% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| CI |
0.4% |
-22.5% |
-0.08% |
| AIG |
0.3% |
-19.8% |
-0.07% |
| UNH |
0.7% |
-8.5% |
-0.06% |
| CRDO |
0.2% |
-29.2% |
-0.05% |
| CNC |
0.2% |
-22.9% |
-0.05% |
2022-Q3 → 2022-Q4 segment return
+8.2%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| ORCL |
0.8% |
+34.2% |
+0.29% |
| AZN |
1.1% |
+23.6% |
+0.26% |
| ROST |
0.6% |
+37.7% |
+0.23% |
| GSK |
0.9% |
+19.4% |
+0.17% |
| APA |
0.4% |
+36.5% |
+0.16% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| CRWD |
0.7% |
-36.1% |
-0.24% |
| AMZN |
0.9% |
-25.7% |
-0.22% |
| PANW |
1.0% |
-14.7% |
-0.14% |
| RLMD |
0.1% |
-90.6% |
-0.13% |
| META |
1.1% |
-11.2% |
-0.12% |
2022-Q2 → 2022-Q3 segment return
-2.65%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| UBER |
0.7% |
+29.3% |
+0.19% |
| BILL |
0.6% |
+20.4% |
+0.13% |
| BIIB |
0.4% |
+30.9% |
+0.13% |
| COP |
0.7% |
+16.1% |
+0.12% |
| RLMD |
0.1% |
+94.9% |
+0.1% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| AVTR |
0.6% |
-37.0% |
-0.22% |
| SPY |
3.3% |
-5.3% |
-0.18% |
| NOW |
0.8% |
-20.6% |
-0.17% |
| BABA |
0.5% |
-30.4% |
-0.16% |
| FIS |
0.8% |
-17.6% |
-0.14% |
2022-Q1 → 2022-Q2 segment return
-6.71%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| MRK |
2.0% |
+12.0% |
+0.24% |
| ARGX |
1.0% |
+20.2% |
+0.21% |
| VZ |
0.4% |
+33.4% |
+0.12% |
| CI |
0.8% |
+10.5% |
+0.08% |
| MNST |
0.5% |
+15.3% |
+0.08% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| AMZN |
1.2% |
-34.8% |
-0.42% |
| SPY |
2.5% |
-16.8% |
-0.42% |
| BKNG |
1.5% |
-25.5% |
-0.39% |
| UBER |
0.6% |
-42.5% |
-0.27% |
| MRVL |
0.6% |
-39.8% |
-0.23% |
2021-Q4 → 2022-Q1 segment return
-2.86%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| SU |
0.6% |
+30.2% |
+0.18% |
| LNG |
0.5% |
+37.1% |
+0.17% |
| XLE |
0.4% |
+37.9% |
+0.15% |
| TRGP |
0.3% |
+45.3% |
+0.13% |
| EXEL |
0.3% |
+24.5% |
+0.08% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
6.4% |
-4.7% |
-0.3% |
| META |
0.9% |
-33.8% |
-0.3% |
| SPOT |
0.8% |
-35.6% |
-0.27% |
| NTRA |
0.4% |
-56.1% |
-0.23% |
| GM |
0.7% |
-25.5% |
-0.18% |
2021-Q3 → 2021-Q4 segment return
+1.6%
Top contributors
| Symbol | Weight | Return | Contrib |
|---|
| SPY |
3.5% |
+10.5% |
+0.37% |
| MSFT |
0.9% |
+19.3% |
+0.18% |
| WDC |
0.9% |
+15.2% |
+0.13% |
| NKE |
0.8% |
+15.0% |
+0.11% |
| TMO |
0.6% |
+16.8% |
+0.11% |
Biggest drags
| Symbol | Weight | Return | Contrib |
|---|
| UBER |
2.4% |
-6.6% |
-0.16% |
| CRM |
2.4% |
-6.3% |
-0.15% |
| SE |
0.4% |
-30.2% |
-0.11% |
| NTRA |
0.5% |
-16.2% |
-0.09% |
| PYPL |
0.2% |
-27.7% |
-0.06% |
Cumulative Contribution (all segments)