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 | |
|---|---|---|---|---|---|---|
726
Bank of N.T. Butterfield & Son
NTB
$2.3B
| – | – |
-92,625
| Closed | -$3.16M |
|
727
Nucor
NUE
$55.3B
| – | – |
-5,390
| Closed | -$312K |
|
728
Owens Corning
OC
$11.7B
| – | – |
-3,351
| Closed | -$224K |
|
729
O-I Glass
OI
$1.1B
| – | – |
-127,965
| Closed | -$3.06M |
|
730
Okta
OKTA
$23.5B
| – | – |
-127,870
| Closed | -$2.92M |
|
731
Universal Display
OLED
$3.95B
| – | – |
-3,119
| Closed | -$341K |
|
|
ACH
732
Accendra Health
ACH
$92.3M
| – | – |
-62,231
| Closed | -$2M |
|
733
O'Reilly Automotive
ORLY
$72.1B
| – | – |
-177,750
| Closed | -$2.59M |
|
734
OSI Systems
OSIS
$3.41B
| – | – |
-15,414
| Closed | -$1.16M |
|
735
Ovintiv
OVV
$18.5B
| – | – |
-9,361
| Closed | -$412K |
|
736
Paychex
PAYX
$44.3B
| – | – |
-30,088
| Closed | -$1.71M |
|
737
Pitney Bowes
PBI
$2.26B
| – | – |
-13,256
| Closed | -$200K |
|
738
Petrobras
PBR
$123B
| – | – |
-27,639
| Closed | -$221K |
|
739
Pacira BioSciences
PCRX
$983M
| – | – |
-5,962
| Closed | -$284K |
|
740
Pfizer
PFE
$160B
| – | – |
-7,575
| Closed | -$241K |
|
741
Procter & Gamble
PG
$336B
| – | – |
-5,884
| Closed | -$513K |
|
742
Park Hotels & Resorts
PK
$3.18B
| – | – |
-21,691
| Closed | -$585K |
|
743
Plexus
PLXS
$6.4B
| – | – |
-18,579
| Closed | -$977K |
|
744
Progress Software
PRGS
$1.82B
| – | – |
-37,470
| Closed | -$1.16M |
|
745
PTC
PTC
$16.8B
| – | – |
-28,467
| Closed | -$1.57M |
|
746
Qualcomm
QCOM
$169B
| – | – |
-22,357
| Closed | -$1.23M |
|
|
747
Invesco QQQ Trust
QQQ
$486B
| – | – |
-100,000
| Closed | -$13.8M |
|
748
LiveRamp
RAMP
$2.28B
| – | – |
-34,330
| Closed | -$891K |
|
749
Radian Group
RDN
$4.84B
| – | – |
-51,283
| Closed | -$839K |
|
750
Regeneron Pharmaceuticals
REGN
$85.9B
| – | – |
-12,500
| Closed | -$6.14M |
|
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.