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 | |
|---|---|---|---|---|---|---|
526
Tapestry
TPR
$26B
| $5.34M | 0.04% |
185,912
+179,229
| +2,682% | +$6.56M |
|
527
Texas Instruments
TXN
$241B
| $5.34M | 0.04% |
33,566
-19,711
| -37% | -$3.36M |
|
528
SEI Investments
SEIC
$13.1B
| $5.33M | 0.04% |
88,571
+73,987
| +507% | +$4.55M |
|
529
CALL
Intel
INTC
$476B
| $5.33M | 0.04% |
+150,000
| New | +$5.23M |
|
530
Tenaris
TS
$26.6B
| $5.32M | 0.04% |
168,300
+53,200
| +46% | +$1.72M |
|
531
PUT
Oracle
ORCL
$422B
| $5.31M | 0.04% |
+50,100
| New | +$5.8M |
|
|
532
PUT
Dollar General
DG
$27.2B
| $5.29M | 0.04% |
50,000
+44,000
| +733% | +$6.56M |
|
533
AutoZone
AZO
$48.3B
| $5.28M | 0.04% |
2,080
+1,530
| +278% | +$3.84M |
|
534
Air Products & Chemicals
APD
$67.9B
| $5.27M | 0.04% |
18,593
+9,183
| +98% | +$2.69M |
|
535
Freeport-McMoran
FCX
$110B
| $5.2M | 0.04% |
139,439
-175,558
| -56% | -$7.07M |
|
536
Skyworks Solutions
SWKS
$10.1B
| $5.18M | 0.04% |
52,500
+47,262
| +902% | +$5.03M |
|
537
JPMorgan Chase
JPM
$935B
| $5.16M | 0.04% |
35,599
-34,109
| -49% | -$5.11M |
|
|
AGR
538
DELISTED
Avangrid, Inc.
AGR
| $5.15M | 0.04% |
170,700
+89,600
| +110% | +$3.17M |
|
539
CALL
Advanced Micro Devices
AMD
$773B
| $5.14M | 0.04% |
50,000
-200,000
| -80% | -$21.7M |
|
540
A.O. Smith
AOS
$8.57B
| $5.14M | 0.04% |
77,718
+28,323
| +57% | +$2.01M |
|
541
Insmed
INSM
$27.5B
| $5.14M | 0.04% |
+203,400
| New | +$4.65M |
|
542
Selective Insurance
SIGI
$5.45B
| $5.12M | 0.04% |
+49,648
| New | +$4.98M |
|
543
Ferrari
RACE
$76.7B
| $5.11M | 0.04% |
17,300
+13,300
| +333% | +$4.13M |
|
544
Saia
SAIA
$9.66B
| $5.1M | 0.04% |
12,787
-70,503
| -85% | -$28.4M |
|
|
545
PUT
Amazon
AMZN
$2.79T
| $5.08M | 0.04% |
40,000
-60,000
| -60% | -$8.04M |
|
546
Shopify
SHOP
$192B
| $5.06M | 0.04% |
92,735
-56,795
| -38% | -$3.44M |
|
547
DuPont de Nemours
DD
$18.7B
| $5.02M | 0.04% |
+53,593
| New | +$5.04M |
|
548
Norfolk Southern
NSC
$78.8B
| $5M | 0.04% |
25,400
+20,784
| +450% | +$4.49M |
|
|
AZUL
549
DELISTED
Azul
AZUL
| $5M | 0.04% |
+581,971
| New | +$5.78M |
|
550
BGC Group
BGC
$5.63B
| $5M | 0.04% |
946,600
+132,497
| +16% | +$659K |
|
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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.