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 |
BRSL
Brightstar Lottery PLC
BRSL
|
+$16.2M |
| 2 |
FDC
First Data Corporation
FDC
|
+$15M |
| 3 |
Northrop Grumman
NOC
|
+$11.4M |
| 4 |
AB InBev
BUD
|
+$10.6M |
| 5 |
FSACU
Federal Street Acquisition Corp. Unit
FSACU
|
+$10.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$17.9M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$13.8M |
| 3 |
United Parcel Service
UPS
|
+$11.8M |
| 4 |
Dollar Tree
DLTR
|
+$9.01M |
| 5 |
GOV
Government Properties Income Trust
GOV
|
+$7.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.7% |
| 2 | Consumer Discretionary | 18.85% |
| 3 | Industrials | 17.74% |
| 4 | Financials | 7.56% |
| 5 | Technology | 7.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
BioMarin Pharmaceuticals
BMRN
$12.7B
| – | – |
-8,093
| Closed | -$735K |
|
602
BP
BP
$113B
| – | – |
-50,048
| Closed | -$1.54M |
|
603
Brady Corp
BRC
$4.51B
| – | – |
-25,984
| Closed | -$881K |
|
604
Byline Bancorp
BY
$1.74B
| – | – |
-60,000
| Closed | -$1.2M |
|
605
Citigroup
C
$221B
| – | – |
-18,402
| Closed | -$1.23M |
|
606
Calix
CALX
$2.55B
| – | – |
-60,101
| Closed | -$412K |
|
607
Chemours
CC
$2.3B
| – | – |
-17,848
| Closed | -$677K |
|
608
Crown Castle
CCI
$32.2B
| – | – |
-34,991
| Closed | -$3.51M |
|
609
CALL
CF Industries
CF
$19.9B
| – | – |
-150,000
| Closed | -$130K |
|
610
Carlyle Secured Lending
CGBD
$788M
| – | – |
-139,600
| Closed | -$2.51M |
|
611
Chord Energy
CHRD
$7.93B
| – | – |
-15,706
| Closed | -$126K |
|
612
Charter Communications
CHTR
$17.7B
| – | – |
-6,256
| Closed | -$2.11M |
|
613
Cigna
CI
$73.2B
| – | – |
-3,514
| Closed | -$588K |
|
614
Ciena
CIEN
$52.7B
| – | – |
-117,340
| Closed | -$2.94M |
|
615
Colgate-Palmolive
CL
$73.3B
| – | – |
-11,229
| Closed | -$832K |
|
616
Cleveland-Cliffs
CLF
$6.81B
| – | – |
-217,481
| Closed | -$1.5M |
|
617
Clearwater Paper
CLW
$349M
| – | – |
-23,400
| Closed | -$1.09M |
|
618
Clorox
CLX
$13.2B
| – | – |
-3,423
| Closed | -$456K |
|
619
Commercial Metals
CMC
$7.35B
| – | – |
-22,240
| Closed | -$432K |
|
620
Comcast
CMCSA
$95.6B
| – | – |
-75,918
| Closed | -$2.96M |
|
621
CMS Energy
CMS
$21.4B
| – | – |
-14,247
| Closed | -$659K |
|
622
CNX Resources
CNX
$5.41B
| – | – |
-12,815
| Closed | -$160K |
|
623
Collegium Pharmaceutical
COLL
$846M
| – | – |
-42,931
| Closed | -$537K |
|
|
VISN
624
Vistance Networks Inc
VISN
$2.56B
| – | – |
-125,704
| Closed | -$4.78M |
|
625
Coty
COTY
$2.46B
| – | – |
-13,523
| Closed | -$254K |
|
Similar funds
Steve Schonfeld's Q3 2017 Portfolio in Review
As of Q3 2017, Steve Schonfeld held 889 positions worth $1.1B, up 13% from $970M the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Steve Schonfeld deployed $212M of net new capital in Q3 2017, opening 297 new positions and adding to 127 existing holdings. Its largest new stake was First Data Corporation: 819,639 shares worth $14.8M.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, up from 26% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Athene Holding Ltd. Class A Common Shares, an estimated $17.9M trimmed.
- Steve Schonfeld's largest Q3 2017 buy was First Data Corporation: 819,639 shares worth $14.8M.
- Steve Schonfeld added most to Brightstar Lottery PLC in Q3 2017, an estimated $16.2M increase.
- Steve Schonfeld's biggest Q3 2017 reduction was Athene Holding Ltd. Class A Common Shares, cutting an estimated $17.9M.
- Steve Schonfeld fully exited Invesco QQQ Trust in Q3 2017, selling an estimated $13.8M.
- Steve Schonfeld's ten largest holdings make up 13% of its $1.1B portfolio in Q3 2017.
- Steve Schonfeld opened 297 new positions and closed 325 in Q3 2017.
- Steve Schonfeld's portfolio value rose 13% quarter-over-quarter to $1.1B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2017, filed 14 Nov 2017.