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 | |
|---|---|---|---|---|---|---|
1076
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $818K | 0.01% |
+4,326
| New | +$862K |
|
1077
ZIM Integrated Shipping Services
ZIM
$3.42B
| $815K | 0.01% |
78,000
-80,700
| -51% | -$1.03M |
|
1078
DTE Energy
DTE
$28.2B
| $814K | 0.01% |
8,200
-261,236
| -97% | -$28.1M |
|
|
RNAM
1079
DELISTED
Avidity Biosciences
RNAM
| $812K | 0.01% |
127,300
-7,699
| -6% | -$66.3K |
|
|
PHLT
1080
DELISTED
Performant Healthcare Inc
PHLT
| $809K | 0.01% |
357,900
+3,195
| +0.9% | +$8.11K |
|
|
HAPN
1081
Happen Inc
HAPN
$2.11B
| $807K | 0.01% |
132,300
+15,100
| +13% | +$117K |
|
1082
Ball Corp
BALL
$17.1B
| $806K | 0.01% |
16,200
-47,774
| -75% | -$2.61M |
|
|
OBE
1083
Obsidian Energy
OBE
$769M
| $804K | 0.01% |
+97,800
| New | +$684K |
|
|
EVRI
1084
DELISTED
Everi Holdings
EVRI
| $804K | 0.01% |
60,800
-48,500
| -44% | -$690K |
|
1085
Sunstone Hotel Investors
SHO
$2.1B
| $803K | 0.01% |
85,838
+51,204
| +148% | +$484K |
|
1086
IBM
IBM
$218B
| $801K | 0.01% |
+5,711
| New | +$813K |
|
1087
IQVIA
IQV
$42.8B
| $801K | 0.01% |
+4,072
| New | +$884K |
|
1088
Designer Brands
DBI
$297M
| $800K | 0.01% |
63,200
+29,500
| +88% | +$315K |
|
1089
Smith & Nephew
SNN
$12.4B
| $798K | 0.01% |
32,200
-23,500
| -42% | -$660K |
|
|
HCP
1090
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $797K | 0.01% |
+34,900
| New | +$948K |
|
1091
America Movil
AMX
$71.3B
| $790K | 0.01% |
+45,600
| New | +$892K |
|
1092
KT
KT
$9.03B
| $790K | 0.01% |
+61,600
| New | +$742K |
|
1093
NovoCure
NVCR
$1.95B
| $786K | 0.01% |
+48,650
| New | +$1.4M |
|
1094
RLX Technology
RLX
$2.21B
| $786K | 0.01% |
520,300
-447,738
| -46% | -$702K |
|
1095
Manhattan Associates
MANH
$12.4B
| $784K | 0.01% |
3,968
-37,137
| -90% | -$7.25M |
|
1096
Ezcorp Inc
EZPW
$2.15B
| $783K | 0.01% |
94,947
+16,975
| +22% | +$146K |
|
|
ARR
1097
Armour Residential REIT
ARR
$2.32B
| $779K | 0.01% |
+36,660
| New | +$902K |
|
|
ALE
1098
DELISTED
Allete
ALE
| $779K | 0.01% |
14,752
+24
| +0.2% | +$1.35K |
|
1099
DaVita
DVA
$11.3B
| $779K | 0.01% |
+8,236
| New | +$840K |
|
1100
Voya Financial
VOYA
$8.98B
| $776K | 0.01% |
+11,678
| New | +$831K |
|
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.