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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$9.82M |
| 2 |
Dollar Tree
DLTR
|
+$8.78M |
| 3 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$7.72M |
| 4 |
Elevance Health
ELV
|
+$7.55M |
| 5 |
Cigna
CI
|
+$7.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FDC
First Data Corporation
FDC
|
+$14.8M |
| 2 |
AET
Aetna Inc
AET
|
+$12.6M |
| 3 |
Merck
MRK
|
+$12.6M |
| 4 |
BRSL
Brightstar Lottery PLC
BRSL
|
+$12.6M |
| 5 |
Northrop Grumman
NOC
|
+$12M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 24.17% |
| 2 | Consumer Discretionary | 17.86% |
| 3 | Industrials | 12.79% |
| 4 | Financials | 9.03% |
| 5 | Technology | 7.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Coca-Cola Europacific Partners
CCEP
$47.7B
| – | – |
-136,659
| Closed | -$5.69M |
|
752
CareDx
CDNA
$2.51B
| – | – |
-170,261
| Closed | -$630K |
|
753
Cincinnati Financial
CINF
$25.8B
| – | – |
-4,876
| Closed | -$373K |
|
754
Canadian Imperial Bank of Commerce
CM
$106B
| – | – |
-10,838
| Closed | -$474K |
|
755
Cummins
CMI
$80.9B
| – | – |
-10,315
| Closed | -$1.73M |
|
756
Capri Holdings
CPRI
$1.55B
| – | – |
-23,834
| Closed | -$1.14M |
|
757
Cirrus Logic
CRUS
$5.78B
| – | – |
-31,861
| Closed | -$1.7M |
|
758
CoStar Group
CSGP
$13.1B
| – | – |
-150,000
| Closed | -$4.02M |
|
759
Caesarstone
CSTE
$122M
| – | – |
-7,014
| Closed | -$209K |
|
760
Dell
DELL
$286B
| – | – |
-82,553
| Closed | -$1.79M |
|
761
eBay
EBAY
$46.3B
| – | – |
-7,597
| Closed | -$292K |
|
762
Equifax
EFX
$22.6B
| – | – |
-34,969
| Closed | -$3.71M |
|
763
Emcor
EME
$34.3B
| – | – |
-5,907
| Closed | -$410K |
|
764
Enanta Pharmaceuticals
ENTA
$392M
| – | – |
-6,427
| Closed | -$301K |
|
765
Edgewell Personal Care
EPC
$1.32B
| – | – |
-6,702
| Closed | -$488K |
|
766
Element Solutions
ESI
$8.6B
| – | – |
-12,184
| Closed | -$136K |
|
767
Essent Group
ESNT
$6.12B
| – | – |
-5,240
| Closed | -$212K |
|
768
Evolent Health
EVH
$536M
| – | – |
-50,000
| Closed | -$890K |
|
769
Evertec
EVTC
$1.79B
| – | – |
-65,699
| Closed | -$1.04M |
|
770
East-West Bancorp
EWBC
$17.8B
| – | – |
-12,081
| Closed | -$722K |
|
771
CALL
Exelixis
EXEL
$13.4B
| – | – |
-100,000
| Closed | -$35K |
|
772
Extreme Networks
EXTR
$3B
| – | – |
-11,313
| Closed | -$135K |
|
773
PUT
Ford
F
$57.5B
| – | – |
-625,000
| Closed | -$152K |
|
774
PUT
Fastenal
FAST
$58.8B
| – | – |
-800,000
| Closed | -$25K |
|
775
FedEx
FDX
$76.9B
| – | – |
-39,947
| Closed | -$9.01M |
|
Similar funds
Steve Schonfeld's Q4 2017 Portfolio in Review
As of Q4 2017, Steve Schonfeld held 998 positions worth $1.22B, up 12% from $1.1B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
Steve Schonfeld deployed $160M of net new capital in Q4 2017, opening 433 new positions and adding to 145 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 29,148 shares worth $10.1M.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Aetna Inc, an estimated $12.6M trimmed.
- Steve Schonfeld's largest Q4 2017 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 29,148 shares worth $10.1M.
- Steve Schonfeld added most to Dollar Tree in Q4 2017, an estimated $8.78M increase.
- Steve Schonfeld's biggest Q4 2017 reduction was Aetna Inc, cutting an estimated $12.6M.
- Steve Schonfeld fully exited First Data Corporation in Q4 2017, selling an estimated $14.8M.
- Steve Schonfeld's ten largest holdings make up 9.3% of its $1.22B portfolio in Q4 2017.
- Steve Schonfeld opened 433 new positions and closed 273 in Q4 2017.
- Steve Schonfeld's portfolio value rose 12% quarter-over-quarter to $1.22B.
Based on Schonfeld Strategic Advisors's 13F filing for Q4 2017, filed 14 Feb 2018.