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 | |
|---|---|---|---|---|---|---|
1501
TriCo Bancshares
TCBK
$1.74B
| $468K | ﹤0.01% |
+12,730
| New | +$463K |
|
1502
Take-Two Interactive
TTWO
$43.7B
| $468K | ﹤0.01% |
3,151
-175,400
| -98% | -$27.2M |
|
1503
Hawaiian Electric Industries
HE
$1.97B
| $467K | ﹤0.01% |
41,415
-34,285
| -45% | -$436K |
|
1504
Olin
OLN
$2B
| $466K | ﹤0.01% |
+7,920
| New | +$425K |
|
1505
Plexus
PLXS
$6.33B
| $465K | ﹤0.01% |
+4,900
| New | +$472K |
|
1506
Phillips 66
PSX
$96.5B
| $465K | ﹤0.01% |
+2,844
| New | +$410K |
|
1507
POSCO
PKX
$17.7B
| $460K | ﹤0.01% |
5,866
+266
| +5% | +$21.9K |
|
|
JOYY
1508
JOYY Inc
JOYY
$3.7B
| $459K | ﹤0.01% |
+14,939
| New | +$475K |
|
1509
PUT
Synopsys
SNPS
$75.5B
| $457K | ﹤0.01% |
+800
| New | +$440K |
|
1510
Matrix Service
MTRX
$301M
| $454K | ﹤0.01% |
34,855
+19,205
| +123% | +$216K |
|
1511
PUT
Sigma Lithium
SGML
$1.37B
| $454K | ﹤0.01% |
+35,000
| New | +$625K |
|
1512
Broadridge
BR
$21.1B
| $453K | ﹤0.01% |
2,210
-2,233
| -50% | -$450K |
|
1513
Weibo
WB
$1.72B
| $452K | ﹤0.01% |
49,680
-35,820
| -42% | -$325K |
|
1514
Ouster
OUST
$2.58B
| $449K | ﹤0.01% |
56,571
+38,917
| +220% | +$222K |
|
1515
Edgewell Personal Care
EPC
$1.31B
| $449K | ﹤0.01% |
+11,620
| New | +$439K |
|
1516
Byrna Technologies
BYRN
$82.5M
| $449K | ﹤0.01% |
+32,226
| New | +$312K |
|
|
ALEX
1517
DELISTED
Alexander & Baldwin
ALEX
| $448K | ﹤0.01% |
27,200
+15,300
| +129% | +$263K |
|
|
HIVE
1518
HIVE Digital Technologies
HIVE
$784M
| $448K | ﹤0.01% |
132,882
-15,600
| -11% | -$55.6K |
|
1519
QuidelOrtho
QDEL
$994M
| $448K | ﹤0.01% |
+9,341
| New | +$545K |
|
1520
Titan Machinery
TITN
$444M
| $447K | ﹤0.01% |
18,000
-1,100
| -6% | -$28.8K |
|
1521
McKesson
MCK
$102B
| $446K | ﹤0.01% |
831
-10,026
| -92% | -$5.09M |
|
1522
Ameris Bancorp
ABCB
$5.77B
| $446K | ﹤0.01% |
+9,210
| New | +$446K |
|
1523
Marriott Vacations Worldwide
VAC
$3.93B
| $441K | ﹤0.01% |
4,098
-15,842
| -79% | -$1.43M |
|
1524
Westamerica Bancorp
WABC
$1.35B
| $440K | ﹤0.01% |
+9,000
| New | +$436K |
|
1525
Leslie's
LESL
$5.44M
| $434K | ﹤0.01% |
+3,340
| New | +$478K |
|
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.