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 |
iShares Bitcoin Trust
IBIT
|
+$191M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$179M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$145M |
| 4 |
United Airlines
UAL
|
+$61.2M |
| 5 |
American Tower
AMT
|
+$50.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$750M |
| 2 |
Microsoft
MSFT
|
+$142M |
| 3 |
Mastercard
MA
|
+$91.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$86.1M |
| 5 |
FedEx
FDX
|
+$81.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 12.63% |
| 2 | Technology | 11.17% |
| 3 | Financials | 10.09% |
| 4 | Consumer Discretionary | 8.62% |
| 5 | Healthcare | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Saic
SAIC
$5.38B
| $1.68M | 0.01% |
12,920
-2,200
| -15% | -$291K |
|
1052
Wabtec
WAB
$49.8B
| $1.67M | 0.01% |
11,480
-2,124
| -16% | -$288K |
|
1053
FLEX LNG
FLNG
$1.73B
| $1.63M | 0.01% |
64,200
+14,500
| +29% | +$397K |
|
1054
HP
HPQ
$26.6B
| $1.63M | 0.01% |
53,867
-251,363
| -82% | -$7.4M |
|
|
DVAX
1055
DELISTED
Dynavax Technologies
DVAX
| $1.62M | 0.01% |
130,502
-46,504
| -26% | -$607K |
|
1056
Telkom Indonesia
TLK
$14.9B
| $1.61M | 0.01% |
+72,500
| New | +$1.83M |
|
1057
Birkenstock
BIRK
$5.9B
| $1.61M | 0.01% |
+34,126
| New | +$1.63M |
|
1058
Beam Therapeutics
BEAM
$3.19B
| $1.61M | 0.01% |
48,698
+23,193
| +91% | +$723K |
|
1059
Elastic
ESTC
$8.4B
| $1.6M | 0.01% |
+16,011
| New | +$1.84M |
|
1060
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $1.6M | 0.01% |
20,994
+16,600
| +378% | +$1.23M |
|
|
GTLS
1061
DELISTED
Chart Industries
GTLS
| $1.59M | 0.01% |
+9,655
| New | +$1.3M |
|
1062
Sagimet Biosciences
SGMT
$638M
| $1.59M | 0.01% |
+293,400
| New | +$2.11M |
|
1063
Nice
NICE
$5.82B
| $1.59M | 0.01% |
6,100
-5,100
| -46% | -$1.16M |
|
1064
Taysha Gene Therapies
TSHA
$2.02B
| $1.59M | 0.01% |
552,595
-566,780
| -51% | -$1.18M |
|
1065
Capital Southwest
CSWC
$1.6B
| $1.58M | 0.01% |
+63,500
| New | +$1.55M |
|
1066
HDFC Bank
HDB
$121B
| $1.58M | 0.01% |
56,600
-223,038
| -80% | -$6.32M |
|
1067
World Kinect Corp
WKC
$1.83B
| $1.57M | 0.01% |
59,340
+4,490
| +8% | +$107K |
|
1068
Axalta
AXTA
$7.75B
| $1.56M | 0.01% |
45,471
-314,115
| -87% | -$10.3M |
|
1069
UroGen Pharma
URGN
$2.26B
| $1.56M | 0.01% |
104,100
-27,800
| -21% | -$454K |
|
|
ETNB
1070
DELISTED
89bio
ETNB
| $1.56M | 0.01% |
134,054
+56,296
| +72% | +$623K |
|
|
TXNM
1071
TXNM Energy Inc
TXNM
$5.92B
| $1.55M | 0.01% |
41,300
+33,537
| +432% | +$1.25M |
|
1072
Domino's
DPZ
$11.6B
| $1.54M | 0.01% |
3,107
-34,012
| -92% | -$14.8M |
|
1073
Ryman Hospitality Properties
RHP
$9.11B
| $1.54M | 0.01% |
+13,353
| New | +$1.53M |
|
1074
Rio Tinto
RIO
$172B
| $1.54M | 0.01% |
24,200
+16,600
| +218% | +$1.11M |
|
1075
Phathom Pharmaceuticals
PHAT
$709M
| $1.54M | 0.01% |
144,700
+83,700
| +137% | +$711K |
|
Similar funds
Steve Schonfeld's Q1 2024 Portfolio in Review
As of Q1 2024, Steve Schonfeld held 2,547 positions worth $15B, down 0.24% from $15.1B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Steve Schonfeld withdrew a net $1.32B in Q1 2024, closing 525 positions and reducing 620 holdings. Its most notable exit was Kellanova, an estimated $56.2M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Steve Schonfeld opened a new position in iShares Bitcoin Trust worth $248M.
- Steve Schonfeld's largest Q1 2024 buy was iShares Bitcoin Trust: 6,128,450 shares worth $248M.
- Steve Schonfeld added most to Invesco QQQ Trust in Q1 2024, an estimated $145M increase.
- Steve Schonfeld's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $750M.
- Steve Schonfeld fully exited Kellanova in Q1 2024, selling an estimated $56.2M.
- Steve Schonfeld's ten largest holdings make up 21% of its $15B portfolio in Q1 2024.
- Steve Schonfeld opened 727 new positions and closed 525 in Q1 2024.
- Steve Schonfeld's portfolio value fell 0.24% quarter-over-quarter to $15B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2024, filed 15 May 2024.