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 | |
|---|---|---|---|---|---|---|
1176
iShares Russell 1000 ETF
IWB
$48.8B
| $1.17M | 0.01% |
4,055
-2,315
| -36% | -$634K |
|
1177
Valero Energy
VLO
$99B
| $1.17M | 0.01% |
6,840
-12,436
| -65% | -$1.78M |
|
1178
New Jersey Resources
NJR
$5.44B
| $1.17M | 0.01% |
+27,170
| New | +$1.15M |
|
1179
Semtech
SMTC
$11.7B
| $1.16M | 0.01% |
42,220
-4,098
| -9% | -$87.5K |
|
1180
FTI Consulting
FCN
$4.26B
| $1.16M | 0.01% |
5,500
+4,096
| +292% | +$823K |
|
|
JBTM
1181
JBT Marel
JBTM
$5.99B
| $1.16M | 0.01% |
11,020
+4,890
| +80% | +$487K |
|
1182
Acadia Healthcare
ACHC
$2.69B
| $1.14M | 0.01% |
+14,438
| New | +$1.18M |
|
1183
CALL
Choice Hotels
CHH
$5B
| $1.14M | 0.01% |
+9,000
| New | +$1.08M |
|
1184
Monolithic Power Systems
MPWR
$64B
| $1.13M | 0.01% |
1,670
-807
| -33% | -$539K |
|
1185
LGI Homes
LGIH
$1.35B
| $1.13M | 0.01% |
9,718
-3,070
| -24% | -$362K |
|
1186
Korn Ferry
KFY
$4.33B
| $1.13M | 0.01% |
+17,189
| New | +$1.04M |
|
1187
Mueller Water Products
MWA
$3.89B
| $1.12M | 0.01% |
69,770
+33,910
| +95% | +$504K |
|
1188
Star Bulk Carriers
SBLK
$3.42B
| $1.12M | 0.01% |
+47,010
| New | +$1.07M |
|
1189
Corebridge Financial
CRBG
$14.2B
| $1.1M | 0.01% |
38,391
-691,202
| -95% | -$17.1M |
|
1190
AMN Healthcare
AMN
$1.3B
| $1.1M | 0.01% |
17,609
-5,691
| -24% | -$387K |
|
1191
Marathon Petroleum
MPC
$101B
| $1.1M | 0.01% |
5,460
+1,701
| +45% | +$291K |
|
1192
SI-BONE Inc
SIBN
$869M
| $1.1M | 0.01% |
67,205
+19,407
| +41% | +$365K |
|
1193
Garrett Motion
GTX
$4.87B
| $1.09M | 0.01% |
+109,900
| New | +$1.01M |
|
1194
UWM Holdings
UWMC
$2.28B
| $1.09M | 0.01% |
149,805
+19,389
| +15% | +$131K |
|
1195
Canadian Imperial Bank of Commerce
CM
$107B
| $1.09M | 0.01% |
21,400
+15,600
| +269% | +$737K |
|
1196
Exelixis
EXEL
$13.9B
| $1.08M | 0.01% |
45,576
+24,860
| +120% | +$553K |
|
1197
Kinsale Capital Group
KNSL
$8.9B
| $1.08M | 0.01% |
2,059
-5,551
| -73% | -$2.51M |
|
1198
Procter & Gamble
PG
$338B
| $1.08M | 0.01% |
6,650
-33,310
| -83% | -$5.22M |
|
|
JAMF
1199
DELISTED
Jamf
JAMF
| $1.07M | 0.01% |
+58,580
| New | +$1.1M |
|
1200
ESAB
ESAB
$4.96B
| $1.07M | 0.01% |
+9,700
| New | +$905K |
|
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.