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 |
Amazon
AMZN
|
+$104M |
| 2 |
Scotiabank
BNS
|
+$82.8M |
| 3 |
TC Energy
TRP
|
+$44.6M |
| 4 |
Johnson Controls International
JCI
|
+$41.1M |
| 5 |
Canadian Imperial Bank of Commerce
CM
|
+$39.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$70.5M |
| 2 |
Alibaba
BABA
|
+$40.8M |
| 3 |
Fidelity National Information Services
FIS
|
+$36.7M |
| 4 |
Gaotu Techedu
GOTU
|
+$30.5M |
| 5 |
IPHI
INPHI CORPORATION
IPHI
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.37% |
| 2 | Financials | 15.34% |
| 3 | Consumer Discretionary | 13.46% |
| 4 | Healthcare | 10.15% |
| 5 | Industrials | 8.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
Thor Industries
THO
$4.14B
| – | – |
-22,925
| Closed | -$2.44M |
|
1652
Tencent Music
TME
$14.4B
| – | – |
-62,100
| Closed | -$836K |
|
1653
Travel + Leisure Co
TNL
$4.39B
| – | – |
-44,722
| Closed | -$1.26M |
|
1654
Toll Brothers
TOL
$13.7B
| – | – |
-40,161
| Closed | -$1.31M |
|
1655
Trex
TREX
$4.77B
| – | – |
-19,132
| Closed | -$1.25M |
|
|
TRIB
1656
Trinity Biotech
TRIB
$8.62M
| – | – |
-232
| Closed | -$76K |
|
1657
Tronox
TROX
$888M
| – | – |
-41,500
| Closed | -$300K |
|
1658
Tenaris
TS
$26.6B
| – | – |
-51,400
| Closed | -$664K |
|
1659
TTEC Holdings
TTEC
$67.5M
| – | – |
-5,225
| Closed | -$243K |
|
1660
Televisa
TV
$1.47B
| – | – |
-20,000
| Closed | -$105K |
|
1661
Tyler Technologies
TYL
$14.4B
| – | – |
-2,166
| Closed | -$751K |
|
1662
United Airlines
UAL
$36.7B
| – | – |
-17,512
| Closed | -$606K |
|
1663
Uber
UBER
$161B
| – | – |
-224,832
| Closed | -$6.99M |
|
1664
UGI
UGI
$8.06B
| – | – |
-25,553
| Closed | -$812K |
|
1665
Ultrapar
UGP
$7.18B
| – | – |
-63,600
| Closed | -$215K |
|
1666
Unisys
UIS
$200M
| – | – |
-30,443
| Closed | -$332K |
|
1667
Ubiquiti
UI
$33.8B
| – | – |
-1,300
| Closed | -$227K |
|
1668
Upland Software
UPLD
$14.4M
| – | – |
-991
| Closed | -$345K |
|
1669
PUT
United Parcel Service
UPS
$86.8B
| – | – |
-100,000
| Closed | -$11.1M |
|
1670
United Rentals
URI
$68.4B
| – | – |
-3,786
| Closed | -$564K |
|
|
1671
PUT
United Rentals
URI
$68.4B
| – | – |
-70,000
| Closed | -$10.4M |
|
1672
United Therapeutics
UTHR
$22B
| – | – |
-2,171
| Closed | -$263K |
|
1673
Universal Insurance Holdings
UVE
$1.18B
| – | – |
-10,999
| Closed | -$196K |
|
1674
PUT
Visa
V
$693B
| – | – |
-75,000
| Closed | -$14.5M |
|
1675
Marriott Vacations Worldwide
VAC
$3.87B
| – | – |
-2,457
| Closed | -$202K |
|
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Steve Schonfeld's Q3 2020 Portfolio in Review
As of Q3 2020, Steve Schonfeld held 1,819 positions worth $5.25B, up 35% from $3.89B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Steve Schonfeld deployed $1.07B of net new capital in Q3 2020, opening 616 new positions and adding to 429 existing holdings. Its largest new stake was Canadian Imperial Bank of Commerce: 1,070,200 shares worth $40M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 20% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Tesla, an estimated $70.5M trimmed.
- Steve Schonfeld's largest Q3 2020 buy was Canadian Imperial Bank of Commerce: 1,070,200 shares worth $40M.
- Steve Schonfeld added most to Amazon in Q3 2020, an estimated $104M increase.
- Steve Schonfeld's biggest Q3 2020 reduction was Tesla, cutting an estimated $70.5M.
- Steve Schonfeld fully exited Fidelity National Information Services in Q3 2020, selling an estimated $36.7M.
- Steve Schonfeld's ten largest holdings make up 14% of its $5.25B portfolio in Q3 2020.
- Steve Schonfeld opened 616 new positions and closed 504 in Q3 2020.
- Steve Schonfeld's portfolio value rose 35% quarter-over-quarter to $5.25B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2020, filed 16 Nov 2020.