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 | |
|---|---|---|---|---|---|---|
976
Adtran
ADTN
$644M
| $128K | 0.01% |
+16,700
| New | +$143K |
|
977
Hecla Mining
HL
$13.8B
| $127K | 0.01% |
69,745
+34,961
| +101% | +$96.8K |
|
|
VSTO
978
DELISTED
Vista Outdoor Inc.
VSTO
| $124K | 0.01% |
14,100
-29,600
| -68% | -$225K |
|
|
RESI
979
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $124K | 0.01% |
+10,400
| New | +$122K |
|
|
MITT
980
TPG Mortgage Investment Trust
MITT
$213M
| $123K | 0.01% |
15,000
+353
| +2% | +$14.1K |
|
|
HOME
981
DELISTED
At Home Group Inc.
HOME
| $123K | 0.01% |
+60,800
| New | +$299K |
|
982
NMI Holdings
NMIH
$3.4B
| $120K | 0.01% |
+10,333
| New | +$273K |
|
983
WisdomTree
WT
$3.61B
| $119K | 0.01% |
51,200
+1,100
| +2% | +$4.26K |
|
|
ADVM
984
DELISTED
Adverum Biotechnologies
ADVM
| $117K | 0.01% |
1,194
-8,715
| -88% | -$1.02M |
|
|
BITA
985
DELISTED
Bitauto Holdings Limited
BITA
| $116K | 0.01% |
+11,200
| New | +$156K |
|
986
WillScot Mobile Mini Holdings
WSC
$3.94B
| $114K | 0.01% |
+11,300
| New | +$184K |
|
987
Bain Capital Specialty
BCSF
$782M
| $112K | 0.01% |
12,330
-4,382
| -26% | -$75.3K |
|
988
B2Gold
BTG
$7.74B
| $110K | 0.01% |
+35,900
| New | +$142K |
|
|
MFA
989
MFA Financial
MFA
$892M
| $109K | 0.01% |
17,650
+3,922
| +29% | +$104K |
|
|
ISEE
990
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $109K | 0.01% |
31,600
-80,300
| -72% | -$469K |
|
|
SPNE
991
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $109K | 0.01% |
+13,400
| New | +$176K |
|
992
Deutsche Bank
DB
$72.9B
| $108K | 0.01% |
+16,800
| New | +$140K |
|
993
Valley National Bancorp
VLY
$7.68B
| $108K | 0.01% |
+14,789
| New | +$145K |
|
|
FLY
994
DELISTED
Fly Leasing Limited
FLY
| $108K | 0.01% |
+15,400
| New | +$236K |
|
995
Modine Manufacturing
MOD
$10.2B
| $107K | 0.01% |
+32,800
| New | +$218K |
|
|
SAND
996
DELISTED
Sandstorm Gold
SAND
| $107K | 0.01% |
21,400
-5,900
| -22% | -$37.7K |
|
997
Laureate Education
LAUR
$5.14B
| $106K | 0.01% |
10,100
-16,500
| -62% | -$286K |
|
998
NOV
NOV
$7.09B
| $106K | 0.01% |
10,830
-9,170
| -46% | -$173K |
|
999
QuinStreet
QNST
$1.14B
| $106K | 0.01% |
+13,200
| New | +$163K |
|
|
ACRE
1000
Ares Commercial Real Estate
ACRE
$262M
| $105K | 0.01% |
15,000
-39,300
| -72% | -$557K |
|
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.