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 | |
|---|---|---|---|---|---|---|
1701
T-Mobile US
TMUS
$196B
| $264K | ﹤0.01% |
+1,617
| New | +$263K |
|
1702
Texas Roadhouse
TXRH
$13.5B
| $262K | ﹤0.01% |
1,699
-7,901
| -82% | -$1.08M |
|
1703
Molson Coors Class B
TAP
$8.02B
| $262K | ﹤0.01% |
3,900
-11,159
| -74% | -$708K |
|
1704
First Majestic Silver
AG
$10.3B
| $262K | ﹤0.01% |
+44,501
| New | +$223K |
|
1705
AXT Inc
AXTI
$4.29B
| $260K | ﹤0.01% |
56,633
+3,449
| +6% | +$11.7K |
|
1706
Fomento Económico Mexicano
FMX
$41.6B
| $260K | ﹤0.01% |
1,995
+91
| +5% | +$11.9K |
|
1707
Alphabet (Google) Class C
GOOG
$4.21T
| $258K | ﹤0.01% |
1,692
-5,689
| -77% | -$821K |
|
1708
American Eagle Outfitters
AEO
$2.83B
| $258K | ﹤0.01% |
9,989
-636,072
| -98% | -$14.1M |
|
1709
Interactive Brokers
IBKR
$42.2B
| $257K | ﹤0.01% |
+9,200
| New | +$229K |
|
1710
Power Integrations
POWI
$2.97B
| $256K | ﹤0.01% |
3,572
-8,333
| -70% | -$622K |
|
1711
Citi Trends
CTRN
$619M
| $255K | ﹤0.01% |
+9,412
| New | +$271K |
|
1712
Sanmina
SANM
$9.94B
| $255K | ﹤0.01% |
4,100
-3,800
| -48% | -$221K |
|
1713
Rexford Industrial Realty
REXR
$8.4B
| $254K | ﹤0.01% |
5,059
-567,646
| -99% | -$30M |
|
1714
iShares US Technology ETF
IYW
$24.6B
| $254K | ﹤0.01% |
+1,882
| New | +$245K |
|
1715
Renasant Corp
RNST
$3.79B
| $254K | ﹤0.01% |
+8,110
| New | +$254K |
|
|
PPBI
1716
DELISTED
Pacific Premier Bancorp
PPBI
| $254K | ﹤0.01% |
+10,580
| New | +$265K |
|
1717
Campbell Soup
CPB
$7.2B
| $253K | ﹤0.01% |
5,700
-343
| -6% | -$14.8K |
|
1718
Lindsay Corp
LNN
$1.18B
| $252K | ﹤0.01% |
+2,140
| New | +$266K |
|
1719
Evolent Health
EVH
$534M
| $249K | ﹤0.01% |
+7,600
| New | +$243K |
|
|
HOLX
1720
DELISTED
Hologic
HOLX
| $247K | ﹤0.01% |
3,170
-212,493
| -99% | -$15.8M |
|
1721
Puma Biotechnology
PBYI
$471M
| $247K | ﹤0.01% |
46,604
+26,545
| +132% | +$143K |
|
1722
Praxis Precision Medicines
PRAX
$10.3B
| $246K | ﹤0.01% |
+4,028
| New | +$181K |
|
1723
Tanger
SKT
$4.47B
| $245K | ﹤0.01% |
+8,300
| New | +$232K |
|
1724
Metallus
MTUS
$776M
| $244K | ﹤0.01% |
+10,969
| New | +$229K |
|
1725
Aramark
ARMK
$15.6B
| $244K | ﹤0.01% |
7,500
-927,660
| -99% | -$27.9M |
|
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.