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 |
NRG Energy
NRG
|
+$61.4M |
| 2 |
Vistra
VST
|
+$60.2M |
| 3 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$44.4M |
| 4 |
ConocoPhillips
COP
|
+$33.8M |
| 5 |
ETFC
E*Trade Financial Corporation
ETFC
|
+$32.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Conagra Brands
CAG
|
+$43.5M |
| 2 |
Target
TGT
|
+$30.5M |
| 3 |
Best Buy
BBY
|
+$28.2M |
| 4 |
Canadian Natural Resources
CNQ
|
+$23.9M |
| 5 |
APU
AmeriGas Partners, L.P.
APU
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.72% |
| 2 | Financials | 15.54% |
| 3 | Consumer Discretionary | 11.37% |
| 4 | Technology | 11.07% |
| 5 | Energy | 9.75% |
Similar funds
Steve Schonfeld's Q2 2019 Portfolio in Review
As of Q2 2019, Steve Schonfeld held 1,400 positions worth $2.83B, down 1.8% from $2.88B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steve Schonfeld withdrew a net $96.1M in Q2 2019, closing 442 positions and reducing 316 holdings. Its most notable exit was Conagra Brands, an estimated $43.5M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, down from 21% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Equitrans Midstream Corporation Common Stock worth $42.1M.
- Steve Schonfeld's largest Q2 2019 buy was Equitrans Midstream Corporation Common Stock: 2,136,064 shares worth $42.1M.
- Steve Schonfeld added most to NRG Energy in Q2 2019, an estimated $61.4M increase.
- Steve Schonfeld's biggest Q2 2019 reduction was Target, cutting an estimated $30.5M.
- Steve Schonfeld fully exited Conagra Brands in Q2 2019, selling an estimated $43.5M.
- Steve Schonfeld's ten largest holdings make up 16% of its $2.83B portfolio in Q2 2019.
- Steve Schonfeld opened 374 new positions and closed 442 in Q2 2019.
- Steve Schonfeld's portfolio value fell 1.8% quarter-over-quarter to $2.83B.
Based on Schonfeld Strategic Advisors's 13F filing for Q2 2019, filed 14 Aug 2019.