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 |
Wells Fargo
WFC
|
+$102M |
| 2 |
Huntington Bancshares
HBAN
|
+$79.5M |
| 3 |
Tesla
TSLA
|
+$77.5M |
| 4 |
PepsiCo
PEP
|
+$74.4M |
| 5 |
CSX Corp
CSX
|
+$67.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$128M |
| 2 |
US Bancorp
USB
|
+$111M |
| 3 |
Ferguson
FERG
|
+$107M |
| 4 |
Take-Two Interactive
TTWO
|
+$102M |
| 5 |
Meta Platforms (Facebook)
META
|
+$87.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.62% |
| 2 | Industrials | 14.99% |
| 3 | Consumer Discretionary | 14.97% |
| 4 | Technology | 14.3% |
| 5 | Healthcare | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ECHO
1101
EchoStar
ECHO
$25.1B
| $638K | 0.01% |
34,900
-11,500
| -25% | -$211K |
|
|
APGB
1102
DELISTED
Apollo Strategic Growth Capital II
APGB
| $638K | 0.01% |
62,237
-72,763
| -54% | -$738K |
|
1103
WPP
WPP
$5.75B
| $637K | 0.01% |
10,700
-10,600
| -50% | -$621K |
|
|
BLEU
1104
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
| $636K | 0.01% |
62,259
-22,741
| -27% | -$231K |
|
|
NTST
1105
NETSTREIT Corp
NTST
$2.09B
| $636K | 0.01% |
34,800
-20,400
| -37% | -$394K |
|
1106
Axsome Therapeutics
AXSM
$10.8B
| $636K | 0.01% |
10,313
-74,042
| -88% | -$4.86M |
|
|
CTO
1107
CTO Realty Growth
CTO
$823M
| $633K | 0.01% |
36,700
-15,680
| -30% | -$284K |
|
1108
Beazer Homes USA
BZH
$885M
| $630K | 0.01% |
39,700
+17,400
| +78% | +$258K |
|
1109
flyExclusive
FLYX
$133M
| $626K | 0.01% |
61,525
+491
| +0.8% | +$4.95K |
|
|
ASCB
1110
DELISTED
A SPAC II Acquisition Corp. Ordinary Shares
ASCB
| $624K | 0.01% |
60,000
+30,000
| +100% | +$309K |
|
|
CUTR
1111
DELISTED
Cutera, Inc.
CUTR
| $622K | 0.01% |
26,331
+19,879
| +308% | +$636K |
|
1112
AbCellera Biologics
ABCL
$4.05B
| $618K | 0.01% |
81,900
-72,900
| -47% | -$662K |
|
1113
Celestica
CLS
$38.7B
| $611K | 0.01% |
47,400
+8,700
| +22% | +$111K |
|
1114
MarketAxess Holdings
MKTX
$5.72B
| $610K | 0.01% |
+1,559
| New | +$552K |
|
|
FWAC
1115
DELISTED
Fifth Wall Acquisition Corp. III Class A Ordinary Shares
FWAC
| $610K | 0.01% |
59,731
-269
| -0.4% | -$2.72K |
|
1116
AstraZeneca
AZN
$263B
| $610K | 0.01% |
+4,392
| New | +$591K |
|
1117
Axogen
AXGN
$2.68B
| $609K | 0.01% |
64,437
+7,750
| +14% | +$70.9K |
|
1118
United Airlines
UAL
$38.1B
| $603K | 0.01% |
13,625
-6,916
| -34% | -$331K |
|
1119
Philip Morris
PM
$302B
| $595K | 0.01% |
6,122
-26,872
| -81% | -$2.68M |
|
1120
Canadian National Railway
CNI
$76.9B
| $590K | 0.01% |
5,000
-151,881
| -97% | -$18M |
|
1121
Cemex
CX
$15.9B
| $588K | 0.01% |
+106,400
| New | +$541K |
|
1122
Castle Biosciences
CSTL
$1.07B
| $585K | 0.01% |
25,744
-31,715
| -55% | -$775K |
|
1123
Immunovant
IMVT
$8.99B
| $584K | 0.01% |
37,662
-64,123
| -63% | -$1.11M |
|
1124
Freshpet
FRPT
$3.62B
| $579K | 0.01% |
+8,753
| New | +$538K |
|
1125
Milestone Pharmaceuticals
MIST
$144M
| $578K | 0.01% |
146,806
+65,821
| +81% | +$241K |
|
Similar funds
Steve Schonfeld's Q1 2023 Portfolio in Review
As of Q1 2023, Steve Schonfeld held 3,024 positions worth $10.4B, down 13% from $12B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Steve Schonfeld withdrew a net $1.1B in Q1 2023, closing 986 positions and reducing 807 holdings. Its most notable exit was Take-Two Interactive, an estimated $102M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in monday.com worth $48.1M.
- Steve Schonfeld's largest Q1 2023 buy was monday.com: 336,920 shares worth $48.1M.
- Steve Schonfeld added most to Wells Fargo in Q1 2023, an estimated $102M increase.
- Steve Schonfeld's biggest Q1 2023 reduction was Amazon, cutting an estimated $128M.
- Steve Schonfeld fully exited Take-Two Interactive in Q1 2023, selling an estimated $102M.
- Steve Schonfeld's ten largest holdings make up 9.2% of its $10.4B portfolio in Q1 2023.
- Steve Schonfeld opened 485 new positions and closed 986 in Q1 2023.
- Steve Schonfeld's portfolio value fell 13% quarter-over-quarter to $10.4B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2023, filed 15 May 2023.