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 | |
|---|---|---|---|---|---|---|
1201
Nordson
NDSN
$18.6B
| $1.07M | 0.01% |
+3,901
| New | +$1.02M |
|
1202
Revvity
RVTY
$13.9B
| $1.07M | 0.01% |
+10,188
| New | +$1.08M |
|
1203
M/I Homes
MHO
$3.83B
| $1.07M | 0.01% |
+7,841
| New | +$996K |
|
|
EA
1204
DELISTED
Electronic Arts
EA
| $1.07M | 0.01% |
8,035
+4,432
| +123% | +$608K |
|
1205
MasterBrand
MBC
$1.87B
| $1.06M | 0.01% |
+56,800
| New | +$900K |
|
|
MRC
1206
DELISTED
MRC Global
MRC
| $1.06M | 0.01% |
84,300
-18,700
| -18% | -$212K |
|
|
PHLT
1207
DELISTED
Performant Healthcare Inc
PHLT
| $1.05M | 0.01% |
358,600
-6,000
| -2% | -$17.1K |
|
1208
Patrick Industries
PATK
$2.68B
| $1.05M | 0.01% |
+13,176
| New | +$945K |
|
1209
Meritage Homes
MTH
$4.72B
| $1.04M | 0.01% |
11,896
-353,206
| -97% | -$28.6M |
|
1210
Advanced Micro Devices
AMD
$774B
| $1.04M | 0.01% |
5,759
-33,174
| -85% | -$5.8M |
|
1211
Ambarella
AMBA
$3.08B
| $1.04M | 0.01% |
20,430
+9,080
| +80% | +$495K |
|
1212
Altimmune
ALT
$621M
| $1.03M | 0.01% |
101,426
-33,574
| -25% | -$341K |
|
1213
TC Energy
TRP
$64.9B
| $1.03M | 0.01% |
+25,600
| New | +$1.01M |
|
1214
Hercules Capital
HTGC
$3.27B
| $1.03M | 0.01% |
55,600
-94,200
| -63% | -$1.67M |
|
1215
IDEAYA Biosciences
IDYA
$3.98B
| $1.02M | 0.01% |
23,354
-8,353
| -26% | -$359K |
|
1216
Cullinan Oncology
CGEM
$1.45B
| $1.02M | 0.01% |
60,074
-80,926
| -57% | -$1.25M |
|
1217
CryoPort
CYRX
$856M
| $1.02M | 0.01% |
+57,700
| New | +$914K |
|
1218
RTX Corp
RTX
$282B
| $1.02M | 0.01% |
10,470
+9,729
| +1,313% | +$878K |
|
|
VZIO
1219
CALL
DELISTED
VIZIO Holding Corp.
VZIO
| $1.02M | 0.01% |
+93,300
| New | +$855K |
|
|
HES
1220
DELISTED
Hess
HES
| $1.02M | 0.01% |
6,670
-53
| -0.8% | -$7.7K |
|
1221
New Mountain Finance
NMFC
$717M
| $1.02M | 0.01% |
80,300
+65,200
| +432% | +$830K |
|
1222
CleanSpark
CLSK
$3.16B
| $1.01M | 0.01% |
+47,737
| New | +$664K |
|
1223
The Bancorp
TBBK
$2.72B
| $1.01M | 0.01% |
+30,190
| New | +$1.2M |
|
1224
Pacific Biosciences
PACB
$451M
| $1.01M | 0.01% |
268,245
+116,869
| +77% | +$684K |
|
1225
Darden Restaurants
DRI
$25.4B
| $1M | 0.01% |
+6,010
| New | +$997K |
|
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.