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 | |
|---|---|---|---|---|---|---|
1401
Ovintiv
OVV
$18.2B
| $623K | ﹤0.01% |
12,000
-43,110
| -78% | -$1.96M |
|
1402
Zoom
ZM
$30.7B
| $621K | ﹤0.01% |
9,505
-11,349
| -54% | -$756K |
|
1403
Southwest Gas
SWX
$6.49B
| $621K | ﹤0.01% |
8,158
-3,697
| -31% | -$240K |
|
1404
Riot Platforms
RIOT
$7.51B
| $621K | ﹤0.01% |
50,704
+13,050
| +35% | +$170K |
|
|
WBA
1405
DELISTED
Walgreens Boots Alliance
WBA
| $618K | ﹤0.01% |
+28,473
| New | +$633K |
|
1406
Travel + Leisure Co
TNL
$4.48B
| $616K | ﹤0.01% |
12,575
+6,945
| +123% | +$297K |
|
1407
Larimar Therapeutics
LRMR
$421M
| $614K | ﹤0.01% |
+80,900
| New | +$630K |
|
1408
CVR Energy
CVI
$3.82B
| $614K | ﹤0.01% |
17,211
-64,589
| -79% | -$2.15M |
|
1409
JetBlue
JBLU
$1.87B
| $611K | ﹤0.01% |
82,316
-145,933
| -64% | -$906K |
|
1410
iShares US Real Estate ETF
IYR
$4.67B
| $609K | ﹤0.01% |
6,770
+6,769
| +676,900% | +$598K |
|
1411
Zscaler
ZS
$28.5B
| $607K | ﹤0.01% |
+3,150
| New | +$705K |
|
1412
Marriott International
MAR
$93.9B
| $605K | ﹤0.01% |
+2,397
| New | +$580K |
|
1413
Backblaze
BLZE
$963M
| $603K | ﹤0.01% |
58,963
+41,397
| +236% | +$383K |
|
1414
Morningstar
MORN
$8.16B
| $599K | ﹤0.01% |
1,944
-3,926
| -67% | -$1.13M |
|
1415
Invesco Preferred ETF
PGX
$3.73B
| $596K | ﹤0.01% |
50,162
+37,524
| +297% | +$442K |
|
1416
LG Display
LPL
$3.29B
| $591K | ﹤0.01% |
144,087
+115,587
| +406% | +$517K |
|
1417
Sasol
SSL
$7.87B
| $588K | ﹤0.01% |
75,300
-34,600
| -31% | -$285K |
|
|
OLK
1418
PUT
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $588K | ﹤0.01% |
25,000
| – | – |
|
1419
Ingevity
NGVT
$2.37B
| $587K | ﹤0.01% |
+12,310
| New | +$553K |
|
|
FLG
1420
Flagstar Bank National Association
FLG
$5.57B
| $585K | ﹤0.01% |
60,588
-240,469
| -80% | -$4.45M |
|
1421
James River Group Holdings
JRVR
$190M
| $585K | ﹤0.01% |
62,900
+50,900
| +424% | +$467K |
|
1422
Silicon Motion
SIMO
$8.25B
| $585K | ﹤0.01% |
+7,600
| New | +$519K |
|
1423
Warrior Met Coal
HCC
$5.63B
| $584K | ﹤0.01% |
+9,627
| New | +$583K |
|
1424
International General Insurance
IGIC
$1.13B
| $584K | ﹤0.01% |
43,100
| – | – |
|
|
SWN
1425
DELISTED
Southwestern Energy Company
SWN
| $583K | ﹤0.01% |
+76,926
| New | +$522K |
|
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.