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 |
CCXX.U
Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt
CCXX.U
|
+$30.5M |
| 2 |
AGN
Allergan plc
AGN
|
+$26.9M |
| 3 |
IPHI
INPHI CORPORATION
IPHI
|
+$23.4M |
| 4 |
Bilibili
BILI
|
+$21.7M |
| 5 |
Gaotu Techedu
GOTU
|
+$16.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vistra
VST
|
+$89.7M |
| 2 |
Dominion Energy
D
|
+$69.9M |
| 3 |
Cheniere Energy
LNG
|
+$63.1M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$62.8M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$53.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.3% |
| 2 | Financials | 15.11% |
| 3 | Consumer Discretionary | 13.23% |
| 4 | Healthcare | 12.79% |
| 5 | Communication Services | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
SLM Corp
SLM
$4.95B
| $184K | 0.01% |
25,600
+10,938
| +75% | +$106K |
|
|
CIM
927
Chimera Investment
CIM
$973M
| $183K | 0.01% |
6,700
+504
| +8% | +$28.6K |
|
928
Corcept Therapeutics
CORT
$13.3B
| $180K | 0.01% |
+15,162
| New | +$188K |
|
|
HEES
929
DELISTED
H&E Equipment Services
HEES
| $179K | 0.01% |
+12,200
| New | +$295K |
|
930
MaxLinear
MXL
$5.69B
| $179K | 0.01% |
+15,300
| New | +$256K |
|
931
TechnipFMC
FTI
$29.7B
| $178K | 0.01% |
+35,401
| New | +$389K |
|
932
Camping World
CWH
$663M
| $176K | 0.01% |
+31,000
| New | +$389K |
|
933
APA Corp
APA
$15.1B
| $175K | 0.01% |
+41,826
| New | +$932K |
|
934
SFL Corp
SFL
$1.63B
| $174K | 0.01% |
+18,400
| New | +$228K |
|
|
SC
935
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $174K | 0.01% |
12,500
+1,330
| +12% | +$29.6K |
|
936
AngloGold Ashanti
AU
$60.9B
| $173K | 0.01% |
10,400
-4,455
| -30% | -$87.4K |
|
|
RCM
937
DELISTED
R1 RCM Inc. Common Stock
RCM
| $173K | 0.01% |
18,990
+2,490
| +15% | +$29.9K |
|
938
Canadian Solar
CSIQ
$972M
| $172K | 0.01% |
+10,800
| New | +$219K |
|
939
SunCoke Energy
SXC
$816M
| $169K | 0.01% |
43,838
+15,238
| +53% | +$77.2K |
|
940
TIM SA
TIMB
$8.69B
| $169K | 0.01% |
+13,900
| New | +$247K |
|
|
ARI
941
Apollo Commercial Real Estate
ARI
$883M
| $166K | 0.01% |
+22,400
| New | +$350K |
|
942
Establishment Labs
ESTA
$2.15B
| $165K | 0.01% |
+11,406
| New | +$252K |
|
943
Red Rock Resorts
RRR
$3.59B
| $163K | 0.01% |
+19,100
| New | +$379K |
|
|
CGC
944
Canopy Growth
CGC
$472M
| $162K | 0.01% |
1,120
-4,820
| -81% | -$905K |
|
945
FNB Corp
FNB
$6.58B
| $162K | 0.01% |
+21,982
| New | +$232K |
|
946
AES
AES
$10.5B
| $159K | 0.01% |
+11,700
| New | +$210K |
|
947
Baker Hughes
BKR
$61.5B
| $159K | 0.01% |
15,100
-32,400
| -68% | -$609K |
|
|
BNFT
948
DELISTED
Benefitfocus, Inc.
BNFT
| $159K | 0.01% |
+17,886
| New | +$271K |
|
949
Costamare
CMRE
$1.88B
| $158K | 0.01% |
+34,900
| New | +$250K |
|
950
Nordic American Tanker
NAT
$1.48B
| $157K | 0.01% |
+34,700
| New | +$125K |
|
Similar funds
Steve Schonfeld's Q1 2020 Portfolio in Review
As of Q1 2020, Steve Schonfeld held 1,717 positions worth $1.59B, down 61% from $4.1B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steve Schonfeld withdrew a net $1.91B in Q1 2020, closing 624 positions and reducing 338 holdings. Its most notable exit was Vistra, an estimated $89.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt worth $30M.
- Steve Schonfeld's largest Q1 2020 buy was Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt: 3,000,000 shares worth $30M.
- Steve Schonfeld added most to Allergan plc in Q1 2020, an estimated $26.9M increase.
- Steve Schonfeld's biggest Q1 2020 reduction was Cheniere Energy, cutting an estimated $63.1M.
- Steve Schonfeld fully exited Vistra in Q1 2020, selling an estimated $89.7M.
- Steve Schonfeld's ten largest holdings make up 16% of its $1.59B portfolio in Q1 2020.
- Steve Schonfeld opened 455 new positions and closed 624 in Q1 2020.
- Steve Schonfeld's portfolio value fell 61% quarter-over-quarter to $1.59B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2020, filed 15 May 2020.