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 |
CCXX.U
Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt
CCXX.U
|
+$30.5M |
| 2 |
AGN
Allergan plc
AGN
|
+$26.9M |
| 3 |
IPHI
INPHI CORPORATION
IPHI
|
+$23.4M |
| 4 |
Bilibili
BILI
|
+$21.7M |
| 5 |
Gaotu Techedu
GOTU
|
+$16.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vistra
VST
|
+$89.7M |
| 2 |
Dominion Energy
D
|
+$69.9M |
| 3 |
Cheniere Energy
LNG
|
+$63.1M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$62.8M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$53.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.3% |
| 2 | Financials | 15.11% |
| 3 | Consumer Discretionary | 13.23% |
| 4 | Healthcare | 12.79% |
| 5 | Communication Services | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Myers Industries
MYE
$1.26B
| – | – |
-20,200
| Closed | -$337K |
|
1377
National Bank Holdings
NBHC
$1.86B
| – | – |
-7,700
| Closed | -$271K |
|
1378
NBT Bancorp
NBTB
$2.71B
| – | – |
-7,615
| Closed | -$308K |
|
1379
Norwegian Cruise Line
NCLH
$7.92B
| – | – |
-5,611
| Closed | -$328K |
|
1380
Nasdaq
NDAQ
$54.9B
| – | – |
-177,471
| Closed | -$6.34M |
|
1381
Nordson
NDSN
$18.5B
| – | – |
-5,600
| Closed | -$912K |
|
1382
NextEra Energy
NEE
$174B
| – | – |
-160,000
| Closed | -$9.69M |
|
1383
Cloudflare
NET
$104B
| – | – |
-29,661
| Closed | -$506K |
|
1384
National Fuel Gas
NFG
$7.84B
| – | – |
-18,746
| Closed | -$872K |
|
1385
NovaGold Resources
NG
$3.83B
| – | – |
-12,465
| Closed | -$112K |
|
1386
Ingevity
NGVT
$2.42B
| – | – |
-5,300
| Closed | -$463K |
|
1387
National Healthcare
NHC
$3.66B
| – | – |
-3,300
| Closed | -$286K |
|
1388
NIO
NIO
$11.6B
| – | – |
-89,800
| Closed | -$361K |
|
1389
New Jersey Resources
NJR
$5.43B
| – | – |
-29,922
| Closed | -$1.33M |
|
1390
Nike
NKE
$60.5B
| – | – |
-2,400
| Closed | -$243K |
|
1391
New Mountain Finance
NMFC
$714M
| – | – |
-22,000
| Closed | -$302K |
|
1392
National Presto Industries
NPK
$1.07B
| – | – |
-2,978
| Closed | -$263K |
|
1393
Insperity
NSP
$2.02B
| – | – |
-4,169
| Closed | -$359K |
|
1394
NetApp
NTAP
$37.7B
| – | – |
-19,106
| Closed | -$1.19M |
|
1395
NETSCOUT
NTCT
$2.8B
| – | – |
-10,112
| Closed | -$242K |
|
1396
NETGEAR
NTGR
$571M
| – | – |
-12,254
| Closed | -$300K |
|
1397
Nutrien
NTR
$35.9B
| – | – |
-19,755
| Closed | -$947K |
|
1398
Northern Trust
NTRS
$33.6B
| – | – |
-6,176
| Closed | -$656K |
|
|
NVO
1399
Novo Nordisk
NVO
$207B
| – | – |
-10,366
| Closed | -$300K |
|
1400
Novartis
NVS
$302B
| – | – |
-58,107
| Closed | -$5.5M |
|
Similar funds
Steve Schonfeld's Q1 2020 Portfolio in Review
As of Q1 2020, Steve Schonfeld held 1,717 positions worth $1.59B, down 61% from $4.1B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steve Schonfeld withdrew a net $1.91B in Q1 2020, closing 624 positions and reducing 338 holdings. Its most notable exit was Vistra, an estimated $89.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt worth $30M.
- Steve Schonfeld's largest Q1 2020 buy was Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt: 3,000,000 shares worth $30M.
- Steve Schonfeld added most to Allergan plc in Q1 2020, an estimated $26.9M increase.
- Steve Schonfeld's biggest Q1 2020 reduction was Cheniere Energy, cutting an estimated $63.1M.
- Steve Schonfeld fully exited Vistra in Q1 2020, selling an estimated $89.7M.
- Steve Schonfeld's ten largest holdings make up 16% of its $1.59B portfolio in Q1 2020.
- Steve Schonfeld opened 455 new positions and closed 624 in Q1 2020.
- Steve Schonfeld's portfolio value fell 61% quarter-over-quarter to $1.59B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2020, filed 15 May 2020.