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 MIDCAP 400 ETF Trust
MDY
|
+$9.82M |
| 2 |
Dollar Tree
DLTR
|
+$8.78M |
| 3 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$7.72M |
| 4 |
Elevance Health
ELV
|
+$7.55M |
| 5 |
Cigna
CI
|
+$7.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FDC
First Data Corporation
FDC
|
+$14.8M |
| 2 |
AET
Aetna Inc
AET
|
+$12.6M |
| 3 |
Merck
MRK
|
+$12.6M |
| 4 |
BRSL
Brightstar Lottery PLC
BRSL
|
+$12.6M |
| 5 |
Northrop Grumman
NOC
|
+$12M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 24.17% |
| 2 | Consumer Discretionary | 17.86% |
| 3 | Industrials | 12.79% |
| 4 | Financials | 9.03% |
| 5 | Technology | 7.7% |
Similar funds
Steve Schonfeld's Q4 2017 Portfolio in Review
As of Q4 2017, Steve Schonfeld held 998 positions worth $1.22B, up 12% from $1.1B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
Steve Schonfeld deployed $160M of net new capital in Q4 2017, opening 433 new positions and adding to 145 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 29,148 shares worth $10.1M.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Aetna Inc, an estimated $12.6M trimmed.
- Steve Schonfeld's largest Q4 2017 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 29,148 shares worth $10.1M.
- Steve Schonfeld added most to Dollar Tree in Q4 2017, an estimated $8.78M increase.
- Steve Schonfeld's biggest Q4 2017 reduction was Aetna Inc, cutting an estimated $12.6M.
- Steve Schonfeld fully exited First Data Corporation in Q4 2017, selling an estimated $14.8M.
- Steve Schonfeld's ten largest holdings make up 9.3% of its $1.22B portfolio in Q4 2017.
- Steve Schonfeld opened 433 new positions and closed 273 in Q4 2017.
- Steve Schonfeld's portfolio value rose 12% quarter-over-quarter to $1.22B.
Based on Schonfeld Strategic Advisors's 13F filing for Q4 2017, filed 14 Feb 2018.