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 |
iShares Bitcoin Trust
IBIT
|
+$191M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$179M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$145M |
| 4 |
United Airlines
UAL
|
+$61.2M |
| 5 |
American Tower
AMT
|
+$50.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$750M |
| 2 |
Microsoft
MSFT
|
+$142M |
| 3 |
Mastercard
MA
|
+$91.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$86.1M |
| 5 |
FedEx
FDX
|
+$81.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 12.63% |
| 2 | Technology | 11.17% |
| 3 | Financials | 10.09% |
| 4 | Consumer Discretionary | 8.62% |
| 5 | Healthcare | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Black Hills Corp
BKH
$5.55B
| $2.59M | 0.02% |
47,400
+27,900
| +143% | +$1.46M |
|
902
Innovative Industrial Properties
IIPR
$1.58B
| $2.58M | 0.02% |
24,900
-8,742
| -26% | -$834K |
|
903
CALL
Veeva Systems
VEEV
$40B
| $2.55M | 0.02% |
+11,000
| New | +$2.37M |
|
|
DNB
904
DELISTED
Dun & Bradstreet
DNB
| $2.54M | 0.02% |
+253,262
| New | +$2.77M |
|
|
ESPR
905
DELISTED
Esperion Therapeutics
ESPR
| $2.54M | 0.02% |
947,506
-143,822
| -13% | -$349K |
|
906
Berkshire Hathaway Class A
BRK.A
$1.08T
| $2.54M | 0.02% |
4
+3
| +300% | +$1.78M |
|
907
CALL
Apollo Global Management
APO
$78.2B
| $2.53M | 0.02% |
+22,500
| New | +$2.37M |
|
908
Perrigo
PRGO
$2B
| $2.52M | 0.02% |
78,175
-216,425
| -73% | -$6.82M |
|
909
Arcosa
ACA
$7.14B
| $2.51M | 0.02% |
29,280
-116,620
| -80% | -$9.49M |
|
910
Tencent Music
TME
$14.5B
| $2.5M | 0.02% |
+223,737
| New | +$2.2M |
|
911
SPX Corp
SPXC
$10.2B
| $2.49M | 0.02% |
20,200
+6,300
| +45% | +$684K |
|
912
Booz Allen Hamilton
BAH
$9B
| $2.47M | 0.02% |
16,666
+10,851
| +187% | +$1.53M |
|
913
Barclays
BCS
$91.1B
| $2.47M | 0.02% |
+261,602
| New | +$2.14M |
|
914
Scholar Rock
SRRK
$7.12B
| $2.47M | 0.02% |
+139,064
| New | +$2.19M |
|
915
Autoliv
ALV
$9.09B
| $2.47M | 0.02% |
20,488
-5,003
| -20% | -$560K |
|
916
Burford Capital
BUR
$962M
| $2.43M | 0.02% |
152,265
+88,392
| +138% | +$1.31M |
|
917
JPMorgan Chase
JPM
$945B
| $2.43M | 0.02% |
12,135
-30,136
| -71% | -$5.44M |
|
918
Pebblebrook Hotel Trust
PEB
$2.08B
| $2.42M | 0.02% |
156,940
-922,024
| -85% | -$14.5M |
|
919
PUT
iShares China Large-Cap ETF
FXI
$4.23B
| $2.41M | 0.02% |
100,000
-100,800
| -50% | -$2.32M |
|
920
Maximus
MMS
$3.03B
| $2.4M | 0.02% |
+28,652
| New | +$2.36M |
|
|
GMS
921
DELISTED
GMS Inc
GMS
| $2.4M | 0.02% |
+24,666
| New | +$2.16M |
|
922
Upwork
UPWK
$1.07B
| $2.39M | 0.02% |
+195,266
| New | +$2.66M |
|
|
CWAN
923
DELISTED
Clearwater Analytics
CWAN
| $2.39M | 0.02% |
135,048
+124,302
| +1,157% | +$2.31M |
|
924
Palantir
PLTR
$421B
| $2.39M | 0.02% |
103,822
+37,195
| +56% | +$793K |
|
925
Envista
NVST
$4.36B
| $2.38M | 0.02% |
111,537
+23,088
| +26% | +$523K |
|
Similar funds
Steve Schonfeld's Q1 2024 Portfolio in Review
As of Q1 2024, Steve Schonfeld held 2,547 positions worth $15B, down 0.24% from $15.1B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Steve Schonfeld withdrew a net $1.32B in Q1 2024, closing 525 positions and reducing 620 holdings. Its most notable exit was Kellanova, an estimated $56.2M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Steve Schonfeld opened a new position in iShares Bitcoin Trust worth $248M.
- Steve Schonfeld's largest Q1 2024 buy was iShares Bitcoin Trust: 6,128,450 shares worth $248M.
- Steve Schonfeld added most to Invesco QQQ Trust in Q1 2024, an estimated $145M increase.
- Steve Schonfeld's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $750M.
- Steve Schonfeld fully exited Kellanova in Q1 2024, selling an estimated $56.2M.
- Steve Schonfeld's ten largest holdings make up 21% of its $15B portfolio in Q1 2024.
- Steve Schonfeld opened 727 new positions and closed 525 in Q1 2024.
- Steve Schonfeld's portfolio value fell 0.24% quarter-over-quarter to $15B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2024, filed 15 May 2024.