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 |
iShares Bitcoin Trust
IBIT
|
+$191M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$179M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$145M |
| 4 |
United Airlines
UAL
|
+$61.2M |
| 5 |
American Tower
AMT
|
+$50.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$750M |
| 2 |
Microsoft
MSFT
|
+$142M |
| 3 |
Mastercard
MA
|
+$91.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$86.1M |
| 5 |
FedEx
FDX
|
+$81.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 12.63% |
| 2 | Technology | 11.17% |
| 3 | Financials | 10.09% |
| 4 | Consumer Discretionary | 8.62% |
| 5 | Healthcare | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
PUT
Intel
INTC
$461B
| $9.39M | 0.06% |
+212,500
| New | +$9.47M |
|
402
Builders FirstSource
BLDR
$7.56B
| $9.34M | 0.06% |
44,786
-193,449
| -81% | -$35.8M |
|
403
US Bancorp
USB
$97.3B
| $9.32M | 0.06% |
208,594
+127,640
| +158% | +$5.39M |
|
404
W.R. Berkley
WRB
$25.9B
| $9.31M | 0.06% |
+157,986
| New | +$8.55M |
|
405
Oscar Health
OSCR
$9.82B
| $9.3M | 0.06% |
+625,123
| New | +$8.56M |
|
406
Iron Mountain
IRM
$36.1B
| $9.29M | 0.06% |
115,861
-119,757
| -51% | -$8.67M |
|
407
CALL
Goldman Sachs
GS
$302B
| $9.19M | 0.06% |
+22,000
| New | +$8.54M |
|
408
NVR
NVR
$17B
| $9.13M | 0.06% |
1,127
-1,156
| -51% | -$8.59M |
|
409
Flywire
FLYW
$2.36B
| $9.09M | 0.06% |
366,351
-500,913
| -58% | -$11.7M |
|
410
PUT
Booking.com
BKNG
$160B
| $9.07M | 0.06% |
+62,500
| New | +$8.91M |
|
411
CALL
NVIDIA
NVDA
$5.05T
| $9.04M | 0.06% |
100,000
-400,000
| -80% | -$29M |
|
412
Vertex Pharmaceuticals
VRTX
$139B
| $9.03M | 0.06% |
+21,614
| New | +$9.14M |
|
413
PUT
Advanced Micro Devices
AMD
$746B
| $9.02M | 0.06% |
+50,000
| New | +$8.74M |
|
414
Installed Building Products
IBP
$6.51B
| $8.95M | 0.06% |
34,590
-21,218
| -38% | -$4.55M |
|
415
UnitedHealth
UNH
$358B
| $8.95M | 0.06% |
+18,087
| New | +$9.2M |
|
416
Blackstone Mortgage Trust
BXMT
$2.38B
| $8.9M | 0.06% |
447,050
+376,329
| +532% | +$7.57M |
|
417
First Industrial Realty Trust
FR
$8.41B
| $8.84M | 0.06% |
168,208
-269,391
| -62% | -$14.2M |
|
418
SEI Investments
SEIC
$13.3B
| $8.82M | 0.06% |
122,680
-23,650
| -16% | -$1.57M |
|
|
BECN
419
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $8.82M | 0.06% |
89,953
-121,075
| -57% | -$10.5M |
|
420
Matsons
MATX
$6.66B
| $8.79M | 0.06% |
78,205
+2,841
| +4% | +$320K |
|
421
Qiagen
QGEN
$8.63B
| $8.79M | 0.06% |
198,729
-154,540
| -44% | -$7.04M |
|
422
Merck
MRK
$372B
| $8.77M | 0.06% |
66,488
+60,806
| +1,070% | +$7.49M |
|
423
Dell
DELL
$280B
| $8.77M | 0.06% |
76,824
-99,157
| -56% | -$9.25M |
|
424
Advance Auto Parts
AAP
$2.63B
| $8.74M | 0.06% |
102,658
-56,419
| -35% | -$3.89M |
|
425
Centene
CNC
$32.4B
| $8.63M | 0.06% |
109,950
-39,674
| -27% | -$3.06M |
|
Similar funds
Steve Schonfeld's Q1 2024 Portfolio in Review
As of Q1 2024, Steve Schonfeld held 2,547 positions worth $15B, down 0.24% from $15.1B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Steve Schonfeld withdrew a net $1.32B in Q1 2024, closing 525 positions and reducing 620 holdings. Its most notable exit was Kellanova, an estimated $56.2M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Steve Schonfeld opened a new position in iShares Bitcoin Trust worth $248M.
- Steve Schonfeld's largest Q1 2024 buy was iShares Bitcoin Trust: 6,128,450 shares worth $248M.
- Steve Schonfeld added most to Invesco QQQ Trust in Q1 2024, an estimated $145M increase.
- Steve Schonfeld's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $750M.
- Steve Schonfeld fully exited Kellanova in Q1 2024, selling an estimated $56.2M.
- Steve Schonfeld's ten largest holdings make up 21% of its $15B portfolio in Q1 2024.
- Steve Schonfeld opened 727 new positions and closed 525 in Q1 2024.
- Steve Schonfeld's portfolio value fell 0.24% quarter-over-quarter to $15B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2024, filed 15 May 2024.