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 |
FedEx
FDX
|
+$95.6M |
| 2 |
CRH
CRH
|
+$88.5M |
| 3 |
Dollar General
DG
|
+$84M |
| 4 |
Union Pacific
UNP
|
+$75.1M |
| 5 |
Meta Platforms (Facebook)
META
|
+$73.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$90.7M |
| 2 |
Amazon
AMZN
|
+$67.1M |
| 3 |
Deere & Co
DE
|
+$60.2M |
| 4 |
Chubb
CB
|
+$57.6M |
| 5 |
General Motors
GM
|
+$55.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 15.79% |
| 2 | Financials | 11.3% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Technology | 9.67% |
| 5 | Healthcare | 6.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
CALL
Truist Financial
TFC
$61.6B
| $5.72M | 0.04% |
+200,000
| New | +$6.15M |
|
|
AVB
502
DELISTED
AvalonBay Communities
AVB
| $5.69M | 0.04% |
33,114
+8,168
| +33% | +$1.51M |
|
|
FITB
503
Fifth Third Bancorp
FITB
$49.7B
| $5.68M | 0.04% |
224,400
-1,559,159
| -87% | -$42.1M |
|
504
Trex
TREX
$4.77B
| $5.68M | 0.04% |
92,146
-186,803
| -67% | -$12.8M |
|
505
NetApp
NTAP
$37.7B
| $5.66M | 0.04% |
+74,566
| New | +$5.76M |
|
506
Advanced Micro Devices
AMD
$773B
| $5.66M | 0.04% |
55,002
-109,911
| -67% | -$11.9M |
|
|
SPR
507
CALL
DELISTED
Spirit AeroSystems
SPR
| $5.65M | 0.04% |
350,000
-50,000
| -13% | -$1.15M |
|
|
MRUS
508
DELISTED
Merus
MRUS
| $5.64M | 0.04% |
239,370
+76,869
| +47% | +$1.86M |
|
509
Oracle
ORCL
$422B
| $5.59M | 0.04% |
52,778
-29,822
| -36% | -$3.45M |
|
510
CALL
GE Aerospace
GE
$361B
| $5.57M | 0.04% |
63,151
| – | – |
|
|
511
PUT
GE Aerospace
GE
$361B
| $5.57M | 0.04% |
63,151
| – | – |
|
|
AKRO
512
PUT
DELISTED
Akero Therapeutics
AKRO
| $5.56M | 0.04% |
+110,000
| New | +$5.12M |
|
513
CALL
Qualcomm
QCOM
$169B
| $5.55M | 0.04% |
50,000
+20,000
| +67% | +$2.32M |
|
|
514
PUT
Qualcomm
QCOM
$169B
| $5.55M | 0.04% |
50,000
+20,000
| +67% | +$2.32M |
|
515
monday.com
MNDY
$3.84B
| $5.52M | 0.04% |
34,700
-18,900
| -35% | -$3.17M |
|
516
Park Hotels & Resorts
PK
$3.18B
| $5.5M | 0.04% |
446,375
-401,325
| -47% | -$5.19M |
|
517
Zurn Elkay Water Solutions
ZWS
$8.13B
| $5.49M | 0.04% |
196,000
-363,500
| -65% | -$10.4M |
|
518
New Oriental
EDU
$8.88B
| $5.49M | 0.04% |
+93,700
| New | +$4.91M |
|
519
Bristol-Myers Squibb
BMY
$137B
| $5.48M | 0.04% |
94,351
+85,812
| +1,005% | +$5.26M |
|
520
CALL
Bank of America
BAC
$431B
| $5.48M | 0.04% |
200,000
-200,000
| -50% | -$5.92M |
|
|
521
GE Aerospace
GE
$361B
| $5.47M | 0.04% |
61,998
-70,606
| -53% | -$6.35M |
|
522
PUT
Pfizer
PFE
$160B
| $5.43M | 0.04% |
+163,800
| New | +$5.79M |
|
523
Cousins Properties
CUZ
$4.89B
| $5.4M | 0.04% |
+264,912
| New | +$6.07M |
|
524
iShares MBS ETF
MBB
$39B
| $5.39M | 0.04% |
60,705
-46,114
| -43% | -$4.21M |
|
525
Cleveland-Cliffs
CLF
$6.43B
| $5.37M | 0.04% |
343,465
+178,864
| +109% | +$2.79M |
|
Similar funds
Steve Schonfeld's Q3 2023 Portfolio in Review
As of Q3 2023, Steve Schonfeld held 2,526 positions worth $12.9B, up 11% from $11.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Steve Schonfeld withdrew a net $988M in Q3 2023, closing 812 positions and reducing 582 holdings. Its most notable exit was Deckers Outdoor, an estimated $50.4M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 16% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Invesco S&P 500 Equal Weight ETF worth $67.1M.
- Steve Schonfeld's largest Q3 2023 buy was Invesco S&P 500 Equal Weight ETF: 473,800 shares worth $67.1M.
- Steve Schonfeld added most to FedEx in Q3 2023, an estimated $95.6M increase.
- Steve Schonfeld's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $90.7M.
- Steve Schonfeld fully exited Deckers Outdoor in Q3 2023, selling an estimated $50.4M.
- Steve Schonfeld's ten largest holdings make up 12% of its $12.9B portfolio in Q3 2023.
- Steve Schonfeld opened 446 new positions and closed 812 in Q3 2023.
- Steve Schonfeld's portfolio value rose 11% quarter-over-quarter to $12.9B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2023, filed 14 Nov 2023.