Steve Schonfeld Schonfeld Strategic Advisors
Steve Schonfeld is the founder of Schonfeld Strategic Advisors, a multi-manager investment firm with roots in proprietary trading. Schonfeld allocates capital across quantitative and discretionary strategies with an emphasis on risk controls and diversification of return streams. The firm is a major name in the multi-strategy hedge fund landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$93.2M |
| 2 |
Fortive
FTV
|
+$32.4M |
| 3 |
Keurig Dr Pepper
KDP
|
+$30.9M |
| 4 |
Wynn Resorts
WYNN
|
+$24.7M |
| 5 |
GB
Global Blue Group Holding
GB
|
+$21.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equitable Holdings
EQH
|
+$22.7M |
| 2 |
FPAC.U
Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00
FPAC.U
|
+$22.4M |
| 3 |
Sherwin-Williams
SHW
|
+$21.1M |
| 4 |
Morgan Stanley
MS
|
+$12.4M |
| 5 |
Visa
V
|
+$11.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.28% |
| 2 | Consumer Discretionary | 16.32% |
| 3 | Industrials | 14.02% |
| 4 | Technology | 11.54% |
| 5 | Financials | 8.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Coastal Financial
CCB
$705M
| $1.16M | 0.05% |
+68,470
| New | +$1.13M |
|
402
Navient
NAVI
$896M
| $1.16M | 0.05% |
85,900
+46,100
| +116% | +$624K |
|
403
Orthofix Medical
OFIX
$403M
| $1.16M | 0.05% |
20,000
+421
| +2% | +$23.6K |
|
404
Rollins
ROL
$18.1B
| $1.16M | 0.05% |
+42,872
| New | +$1.11M |
|
|
WCN
405
Waste Connections
WCN
$43B
| $1.14M | 0.05% |
14,300
-14,799
| -51% | -$1.16M |
|
406
Watsco Inc
WSO
$12.9B
| $1.14M | 0.05% |
+6,400
| New | +$1.13M |
|
407
American Express
AXP
$232B
| $1.14M | 0.05% |
10,700
-103,343
| -91% | -$10.7M |
|
408
Wolfspeed
WOLF
$1.22B
| $1.14M | 0.05% |
+30,000
| New | +$1.36M |
|
|
PXD
409
DELISTED
Pioneer Natural Resource Co.
PXD
| $1.13M | 0.05% |
+6,500
| New | +$1.16M |
|
410
Northwest Bancshares
NWBI
$2.25B
| $1.12M | 0.05% |
64,900
+50,907
| +364% | +$917K |
|
411
Mohawk Industries
MHK
$9.23B
| $1.12M | 0.05% |
+6,400
| New | +$1.26M |
|
412
Okta
OKTA
$22.8B
| $1.11M | 0.05% |
+15,849
| New | +$944K |
|
|
RHT
413
DELISTED
Red Hat Inc
RHT
| $1.1M | 0.05% |
8,100
+1,789
| +28% | +$256K |
|
414
Kraft Heinz
KHC
$30.6B
| $1.1M | 0.05% |
+20,000
| New | +$1.2M |
|
415
Moelis & Co
MC
$5.09B
| $1.08M | 0.05% |
+19,800
| New | +$1.16M |
|
416
Jefferies Financial Group
JEF
$12.1B
| $1.08M | 0.05% |
54,851
-51,580
| -48% | -$1.08M |
|
417
Alphabet (Google) Class C
GOOG
$4.24T
| $1.07M | 0.05% |
+18,000
| New | +$1.08M |
|
418
Thermo Fisher Scientific
TMO
$230B
| $1.07M | 0.05% |
4,400
+3,305
| +302% | +$760K |
|
|
XLNX
419
DELISTED
Xilinx Inc
XLNX
| $1.07M | 0.05% |
13,375
+6,754
| +102% | +$494K |
|
420
Apple
AAPL
$4.57T
| $1.07M | 0.05% |
18,916
-22,296
| -54% | -$1.16M |
|
421
Cummins
CMI
$79B
| $1.04M | 0.05% |
7,100
+1,426
| +25% | +$201K |
|
422
Olin
OLN
$2.05B
| $1.03M | 0.05% |
+40,300
| New | +$1.18M |
|
423
Guidewire Software
GWRE
$15.8B
| $1.03M | 0.05% |
+10,200
| New | +$980K |
|
|
LSXMK
424
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $1.03M | 0.05% |
31,117
+14,471
| +87% | +$514K |
|
425
Reinsurance Group of America
RGA
$16.1B
| $1.03M | 0.05% |
7,100
+5,417
| +322% | +$766K |
|
Similar funds
Steve Schonfeld's Q3 2018 Portfolio in Review
As of Q3 2018, Steve Schonfeld held 1,145 positions worth $2.25B, up 22% from $1.84B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Steve Schonfeld deployed $2.31B of net new capital in Q3 2018, opening 406 new positions and adding to 187 existing holdings. Its largest new stake was Fortive: 632,433 shares worth $33.6M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 22% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Equitable Holdings, an estimated $22.7M trimmed.
- Steve Schonfeld's largest Q3 2018 buy was Fortive: 632,433 shares worth $33.6M.
- Steve Schonfeld added most to State Street SPDR S&P 500 ETF Trust in Q3 2018, an estimated $93.2M increase.
- Steve Schonfeld's biggest Q3 2018 reduction was Equitable Holdings, cutting an estimated $22.7M.
- Steve Schonfeld fully exited Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in Q3 2018, selling an estimated $22.4M.
- Steve Schonfeld's ten largest holdings make up 15% of its $2.25B portfolio in Q3 2018.
- Steve Schonfeld opened 406 new positions and closed 367 in Q3 2018.
- Steve Schonfeld's portfolio value rose 22% quarter-over-quarter to $2.25B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2018, filed 14 Nov 2018.