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 | |
|---|---|---|---|---|---|---|
1526
Heritage Insurance Holdings
HRTG
$1.03B
| $433K | ﹤0.01% |
40,686
+23,754
| +140% | +$167K |
|
1527
Bausch + Lomb
BLCO
$6.19B
| $433K | ﹤0.01% |
25,045
-214,155
| -90% | -$3.33M |
|
1528
OFG Bancorp
OFG
$2.21B
| $433K | ﹤0.01% |
+11,770
| New | +$426K |
|
1529
Real Brokerage
REAX
$523M
| $431K | ﹤0.01% |
+138,281
| New | +$379K |
|
1530
C.H. Robinson
CHRW
$16.7B
| $431K | ﹤0.01% |
+5,657
| New | +$442K |
|
1531
RenaissanceRe
RNR
$13.7B
| $429K | ﹤0.01% |
1,825
-26,505
| -94% | -$5.88M |
|
1532
Enphase Energy
ENPH
$4.91B
| $429K | ﹤0.01% |
+3,544
| New | +$414K |
|
1533
Range Resources
RRC
$9.64B
| $429K | ﹤0.01% |
12,451
-5,309
| -30% | -$164K |
|
1534
W.W. Grainger
GWW
$62.3B
| $427K | ﹤0.01% |
+420
| New | +$391K |
|
1535
CALL
SiriusXM
SIRI
$9.59B
| $427K | ﹤0.01% |
11,000
+6,000
| +120% | +$285K |
|
1536
Steven Madden
SHOO
$3.36B
| $425K | ﹤0.01% |
+10,050
| New | +$424K |
|
1537
ASE Group
ASX
$94.4B
| $418K | ﹤0.01% |
38,063
-20,038
| -34% | -$197K |
|
1538
PVH
PVH
$3.55B
| $417K | ﹤0.01% |
2,968
-10,148
| -77% | -$1.3M |
|
1539
Northwest Bancshares
NWBI
$2.25B
| $416K | ﹤0.01% |
+35,720
| New | +$423K |
|
1540
CAVA Group
CAVA
$8.4B
| $413K | ﹤0.01% |
+5,900
| New | +$316K |
|
1541
Strategy Inc
MSTR
$48.7B
| $413K | ﹤0.01% |
2,420
-4,380
| -64% | -$399K |
|
1542
Hain Celestial
HAIN
$75.8M
| $412K | ﹤0.01% |
52,402
-30,463
| -37% | -$300K |
|
|
NVO
1543
Novo Nordisk
NVO
$207B
| $411K | ﹤0.01% |
+3,200
| New | +$381K |
|
1544
Entrada Therapeutics
TRDA
$285M
| $410K | ﹤0.01% |
+28,951
| New | +$409K |
|
1545
QuickLogic
QUIK
$206M
| $410K | ﹤0.01% |
+25,580
| New | +$368K |
|
1546
Progyny
PGNY
$1.95B
| $408K | ﹤0.01% |
+10,699
| New | +$404K |
|
1547
Century Aluminum
CENX
$4.32B
| $408K | ﹤0.01% |
26,500
-51,559
| -66% | -$579K |
|
1548
United Parks & Resorts
PRKS
$2.03B
| $407K | ﹤0.01% |
7,233
-4,857
| -40% | -$246K |
|
1549
Tilray
TLRY
$649M
| $406K | ﹤0.01% |
+16,454
| New | +$317K |
|
1550
FMC
FMC
$1.41B
| $405K | ﹤0.01% |
+6,356
| New | +$371K |
|
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.