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 |
FedEx
FDX
|
+$95.6M |
| 2 |
CRH
CRH
|
+$88.5M |
| 3 |
Dollar General
DG
|
+$84M |
| 4 |
Union Pacific
UNP
|
+$75.1M |
| 5 |
Meta Platforms (Facebook)
META
|
+$73.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$90.7M |
| 2 |
Amazon
AMZN
|
+$67.1M |
| 3 |
Deere & Co
DE
|
+$60.2M |
| 4 |
Chubb
CB
|
+$57.6M |
| 5 |
General Motors
GM
|
+$55.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 15.79% |
| 2 | Financials | 11.3% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Technology | 9.67% |
| 5 | Healthcare | 6.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CMBT
76
CMB.TECH NV
CMBT
$5.24B
| $33.3M | 0.26% |
2,027,700
-198,800
| -9% | -$3.28M |
|
77
Crown Holdings
CCK
$13B
| $33M | 0.26% |
+372,843
| New | +$33.4M |
|
78
Constellation Brands
STZ
$23.2B
| $32.9M | 0.26% |
130,737
-831
| -0.6% | -$217K |
|
79
Dover
DOV
$27.2B
| $32.6M | 0.25% |
233,969
+64,747
| +38% | +$9.35M |
|
80
Honeywell
HON
$68.4B
| $32.6M | 0.25% |
187,396
-66,752
| -26% | -$12.2M |
|
81
Murphy USA
MUSA
$10.5B
| $32.6M | 0.25% |
95,331
+4,304
| +5% | +$1.37M |
|
82
Charter Communications
CHTR
$17.9B
| $32.6M | 0.25% |
+74,032
| New | +$30.8M |
|
83
ATI
ATI
$28.2B
| $32.5M | 0.25% |
790,489
+100,064
| +14% | +$4.45M |
|
84
L3Harris
LHX
$49.7B
| $32.5M | 0.25% |
186,685
-22,437
| -11% | -$4.13M |
|
85
CALL
United States Oil Fund
USO
$2.24B
| $32.3M | 0.25% |
+400,000
| New | +$29.5M |
|
86
Intercontinental Exchange
ICE
$90.5B
| $32.3M | 0.25% |
293,342
-206,552
| -41% | -$23.7M |
|
87
TFI International
TFII
$11.6B
| $32.1M | 0.25% |
249,915
+191,843
| +330% | +$24.4M |
|
88
Dillards
DDS
$9.71B
| $32M | 0.25% |
96,685
-39,864
| -29% | -$13.2M |
|
89
Exelon
EXC
$45.1B
| $31.8M | 0.25% |
842,313
-53,817
| -6% | -$2.19M |
|
90
Southern Company
SO
$102B
| $31.7M | 0.25% |
490,357
+482,440
| +6,094% | +$33.5M |
|
91
Targa Resources
TRGP
$64.1B
| $31.5M | 0.25% |
367,954
-4,646
| -1% | -$385K |
|
92
ConocoPhillips
COP
$162B
| $31.5M | 0.25% |
263,272
-57,386
| -18% | -$6.66M |
|
93
Performance Food Group
PFGC
$16.5B
| $31.1M | 0.24% |
528,462
+365,997
| +225% | +$22.1M |
|
94
Axalta
AXTA
$7.75B
| $31M | 0.24% |
1,153,773
+59,886
| +5% | +$1.76M |
|
95
Boeing
BA
$169B
| $31M | 0.24% |
161,790
+69,215
| +75% | +$15.1M |
|
96
PUT
SPDR Gold Trust
GLD
$152B
| $30.9M | 0.24% |
+180,000
| New | +$32.2M |
|
97
Dell
DELL
$286B
| $30.8M | 0.24% |
447,482
+382,238
| +586% | +$22.8M |
|
98
Occidental Petroleum
OXY
$61.3B
| $30.7M | 0.24% |
473,454
-155,750
| -25% | -$9.8M |
|
99
Delta Air Lines
DAL
$54.2B
| $30.5M | 0.24% |
825,208
+167,322
| +25% | +$7.27M |
|
100
WillScot Mobile Mini Holdings
WSC
$4.01B
| $30M | 0.23% |
721,717
+681,851
| +1,710% | +$30M |
|
Similar funds
Steve Schonfeld's Q3 2023 Portfolio in Review
As of Q3 2023, Steve Schonfeld held 2,526 positions worth $12.9B, up 11% from $11.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Steve Schonfeld withdrew a net $988M in Q3 2023, closing 812 positions and reducing 582 holdings. Its most notable exit was Deckers Outdoor, an estimated $50.4M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 16% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Invesco S&P 500 Equal Weight ETF worth $67.1M.
- Steve Schonfeld's largest Q3 2023 buy was Invesco S&P 500 Equal Weight ETF: 473,800 shares worth $67.1M.
- Steve Schonfeld added most to FedEx in Q3 2023, an estimated $95.6M increase.
- Steve Schonfeld's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $90.7M.
- Steve Schonfeld fully exited Deckers Outdoor in Q3 2023, selling an estimated $50.4M.
- Steve Schonfeld's ten largest holdings make up 12% of its $12.9B portfolio in Q3 2023.
- Steve Schonfeld opened 446 new positions and closed 812 in Q3 2023.
- Steve Schonfeld's portfolio value rose 11% quarter-over-quarter to $12.9B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2023, filed 14 Nov 2023.