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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$93.2M |
| 2 |
Fortive
FTV
|
+$32.4M |
| 3 |
Keurig Dr Pepper
KDP
|
+$30.9M |
| 4 |
Wynn Resorts
WYNN
|
+$24.7M |
| 5 |
GB
Global Blue Group Holding
GB
|
+$21.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equitable Holdings
EQH
|
+$22.7M |
| 2 |
FPAC.U
Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00
FPAC.U
|
+$22.4M |
| 3 |
Sherwin-Williams
SHW
|
+$21.1M |
| 4 |
Morgan Stanley
MS
|
+$12.4M |
| 5 |
Visa
V
|
+$11.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.28% |
| 2 | Consumer Discretionary | 16.32% |
| 3 | Industrials | 14.02% |
| 4 | Technology | 11.54% |
| 5 | Financials | 8.25% |
Similar funds
Steve Schonfeld's Q3 2018 Portfolio in Review
As of Q3 2018, Steve Schonfeld held 1,145 positions worth $2.25B, up 22% from $1.84B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Steve Schonfeld deployed $2.31B of net new capital in Q3 2018, opening 406 new positions and adding to 187 existing holdings. Its largest new stake was Fortive: 632,433 shares worth $33.6M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 22% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Equitable Holdings, an estimated $22.7M trimmed.
- Steve Schonfeld's largest Q3 2018 buy was Fortive: 632,433 shares worth $33.6M.
- Steve Schonfeld added most to State Street SPDR S&P 500 ETF Trust in Q3 2018, an estimated $93.2M increase.
- Steve Schonfeld's biggest Q3 2018 reduction was Equitable Holdings, cutting an estimated $22.7M.
- Steve Schonfeld fully exited Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in Q3 2018, selling an estimated $22.4M.
- Steve Schonfeld's ten largest holdings make up 15% of its $2.25B portfolio in Q3 2018.
- Steve Schonfeld opened 406 new positions and closed 367 in Q3 2018.
- Steve Schonfeld's portfolio value rose 22% quarter-over-quarter to $2.25B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2018, filed 14 Nov 2018.