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 | |
|---|---|---|---|---|---|---|
676
Henry Schein
HSIC
$9.86B
| – | – |
-14,828
| Closed | -$1.06M |
|
677
Hershey
HSY
$37.5B
| – | – |
-6,161
| Closed | -$662K |
|
678
Howmet Aerospace
HWM
$108B
| – | – |
-60,697
| Closed | -$1.05M |
|
679
IMAX
IMAX
$2.89B
| – | – |
-89,659
| Closed | -$1.97M |
|
680
Iovance Biotherapeutics
IOVA
$3.76B
| – | – |
-34,024
| Closed | -$250K |
|
681
International Paper
IP
$22B
| – | – |
-51,684
| Closed | -$2.77M |
|
|
IPG
682
DELISTED
Interpublic Group of Companies
IPG
| – | – |
-50,158
| Closed | -$1.23M |
|
683
Ironwood Pharmaceuticals
IRWD
$709M
| – | – |
-90,041
| Closed | -$1.42M |
|
684
ITT
ITT
$18.6B
| – | – |
-32,797
| Closed | -$1.32M |
|
685
CALL
Johnson Controls International
JCI
$86.7B
| – | – |
-250,000
| Closed | -$283K |
|
|
686
Johnson Controls International
JCI
$86.7B
| – | – |
-45,889
| Closed | -$1.86M |
|
|
K
687
CALL
DELISTED
Kellanova
K
| – | – |
-63,900
| Closed | -$3K |
|
688
KLA
KLAC
$240B
| – | – |
-66,340
| Closed | -$607K |
|
689
Kinder Morgan
KMI
$69B
| – | – |
-25,371
| Closed | -$486K |
|
690
Coca-Cola
KO
$392B
| – | – |
-38,437
| Closed | -$1.72M |
|
691
Kroger
KR
$35.5B
| – | – |
-81,276
| Closed | -$1.9M |
|
692
Kornit Digital
KRNT
$721M
| – | – |
-70,000
| Closed | -$1.35M |
|
693
Kohl's
KSS
$2B
| – | – |
-7,555
| Closed | -$292K |
|
694
Lear
LEA
$8.56B
| – | – |
-13,371
| Closed | -$1.9M |
|
695
Lennar Class A
LEN
$21B
| – | – |
-9,161
| Closed | -$465K |
|
696
Lumentum
LITE
$77.7B
| – | – |
-68,189
| Closed | -$3.89M |
|
697
LKQ Corp
LKQ
$6.52B
| – | – |
-65,027
| Closed | -$2.14M |
|
698
Lockheed Martin
LMT
$130B
| – | – |
-1,084
| Closed | -$301K |
|
699
Lam Research
LRCX
$393B
| – | – |
-79,400
| Closed | -$1.12M |
|
700
Lumen
LUMN
$6.13B
| – | – |
-98,318
| Closed | -$2.35M |
|
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.