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 | |
|---|---|---|---|---|---|---|
751
Repligen
RGEN
$10.2B
| – | – |
-125,000
| Closed | -$5.18M |
|
752
RingCentral
RNG
$5.6B
| – | – |
-29,496
| Closed | -$1.08M |
|
753
Range Resources
RRC
$9.59B
| – | – |
-15,955
| Closed | -$370K |
|
754
Reliance Steel & Aluminium
RS
$19.8B
| – | – |
-8,270
| Closed | -$603K |
|
755
RTX Corp
RTX
$283B
| – | – |
-20,708
| Closed | -$1.59M |
|
|
SAGE
756
DELISTED
Sage Therapeutics
SAGE
| – | – |
-8,586
| Closed | -$684K |
|
757
Sinclair Inc
SBGI
$1.04B
| – | – |
-35,060
| Closed | -$1.15M |
|
758
Sally Beauty Holdings
SBH
$1.55B
| – | – |
-9,857
| Closed | -$200K |
|
|
SCS
759
DELISTED
Steelcase
SCS
| – | – |
-22,696
| Closed | -$318K |
|
760
Shopify
SHOP
$192B
| – | – |
-350,000
| Closed | -$3.04M |
|
761
SiteOne Landscape Supply
SITE
$4.19B
| – | – |
-47,491
| Closed | -$2.47M |
|
762
Southern Missouri Bancorp
SMBC
$819M
| – | – |
-12,500
| Closed | -$403K |
|
763
Simon Property Group
SPG
$70.6B
| – | – |
-2,131
| Closed | -$345K |
|
|
SPTN
764
DELISTED
SpartanNash
SPTN
| – | – |
-19,688
| Closed | -$511K |
|
765
State Street
STT
$51.4B
| – | – |
-20,351
| Closed | -$1.83M |
|
766
Suncor Energy
SU
$80B
| – | – |
-14,855
| Closed | -$434K |
|
767
Skyworks Solutions
SWKS
$10.1B
| – | – |
-7,972
| Closed | -$765K |
|
768
Stryker
SYK
$126B
| – | – |
-28,243
| Closed | -$3.92M |
|
769
Teradyne
TER
$58.7B
| – | – |
-52,270
| Closed | -$1.57M |
|
770
Truist Financial
TFC
$61.6B
| – | – |
-92,378
| Closed | -$4.19M |
|
771
Teleflex
TFX
$5.88B
| – | – |
-15,058
| Closed | -$3.13M |
|
|
TGI
772
DELISTED
Triumph Group
TGI
| – | – |
-18,413
| Closed | -$582K |
|
773
Gentherm
THRM
$1.24B
| – | – |
-8,025
| Closed | -$311K |
|
774
Interface
TILE
$2.25B
| – | – |
-15,346
| Closed | -$301K |
|
|
TMHC
775
DELISTED
Taylor Morrison
TMHC
| – | – |
-16,256
| Closed | -$390K |
|
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.