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 | |
|---|---|---|---|---|---|---|
26
Ferguson
FERG
$46.9B
| $48.5M | 0.32% |
222,236
+155,409
| +233% | +$31M |
|
27
Target
TGT
$75.1B
| $48.5M | 0.32% |
273,918
-107,282
| -28% | -$16.3M |
|
28
Spotify
SPOT
$110B
| $48.1M | 0.32% |
182,367
-65,682
| -26% | -$15.4M |
|
29
Marvell Technology
MRVL
$213B
| $47.8M | 0.32% |
+674,334
| New | +$46.2M |
|
30
Consolidated Edison
ED
$39.3B
| $47.4M | 0.32% |
521,877
+194,641
| +59% | +$17.5M |
|
31
iShares Russell 2000 ETF
IWM
$81.9B
| $46.7M | 0.31% |
222,002
+86,425
| +64% | +$17.2M |
|
32
Willis Towers Watson
WTW
$31.8B
| $46.3M | 0.31% |
168,282
-6,777
| -4% | -$1.78M |
|
33
Pentair
PNR
$10.3B
| $46.3M | 0.31% |
541,471
-42,390
| -7% | -$3.21M |
|
34
Truist Financial
TFC
$61.6B
| $45.7M | 0.3% |
1,173,052
+353,003
| +43% | +$12.9M |
|
35
Chubb
CB
$132B
| $45.6M | 0.3% |
176,012
+100,934
| +134% | +$24.8M |
|
36
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $45.2M | 0.3% |
1,392,800
+101,800
| +8% | +$3.37M |
|
37
Eversource Energy
ES
$26.4B
| $44.9M | 0.3% |
750,459
+693,756
| +1,223% | +$39.9M |
|
38
3M
MMM
$92.3B
| $44.2M | 0.29% |
498,852
+85,883
| +21% | +$7.12M |
|
|
WCN
39
Waste Connections
WCN
$42.6B
| $44.1M | 0.29% |
256,638
+101,514
| +65% | +$16.3M |
|
40
Rogers Communications
RCI
$19.6B
| $42.6M | 0.28% |
1,038,432
+293,675
| +39% | +$13.3M |
|
41
Lennar Class A
LEN
$21B
| $42.5M | 0.28% |
255,223
-32,491
| -11% | -$4.88M |
|
42
iShares TIPS Bond ETF
TIP
$14.9B
| $41.9M | 0.28% |
390,261
+330,402
| +552% | +$35.3M |
|
43
Norfolk Southern
NSC
$78.8B
| $41.8M | 0.28% |
164,028
+154,128
| +1,557% | +$38.1M |
|
44
Dollar General
DG
$27.2B
| $41.8M | 0.28% |
267,752
+34,925
| +15% | +$4.96M |
|
45
CenterPoint Energy
CNP
$25.5B
| $41.2M | 0.27% |
1,446,651
+299,871
| +26% | +$8.4M |
|
46
CALL
Amazon
AMZN
$2.79T
| $41M | 0.27% |
227,400
+52,400
| +30% | +$8.75M |
|
47
CMS Energy
CMS
$21.4B
| $40.6M | 0.27% |
672,603
+356,009
| +112% | +$20.6M |
|
48
Coca-Cola Europacific Partners
CCEP
$47.7B
| $40.2M | 0.27% |
574,320
+468,371
| +442% | +$32.2M |
|
49
Pfizer
PFE
$160B
| $39.6M | 0.26% |
1,425,599
+1,055,367
| +285% | +$29.3M |
|
50
AT&T
T
$173B
| $39.1M | 0.26% |
2,220,030
-190,317
| -8% | -$3.25M |
|
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.