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 |
FedEx
FDX
|
+$95.6M |
| 2 |
CRH
CRH
|
+$88.5M |
| 3 |
Dollar General
DG
|
+$84M |
| 4 |
Union Pacific
UNP
|
+$75.1M |
| 5 |
Meta Platforms (Facebook)
META
|
+$73.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$90.7M |
| 2 |
Amazon
AMZN
|
+$67.1M |
| 3 |
Deere & Co
DE
|
+$60.2M |
| 4 |
Chubb
CB
|
+$57.6M |
| 5 |
General Motors
GM
|
+$55.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 15.79% |
| 2 | Financials | 11.3% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Technology | 9.67% |
| 5 | Healthcare | 6.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
NiSource
NI
$19.5B
| $23.5M | 0.18% |
951,384
-292,117
| -23% | -$7.89M |
|
152
CALL
iShares Global Clean Energy ETF
ICLN
$2.09B
| $23.4M | 0.18% |
1,600,000
+700,000
| +78% | +$11.7M |
|
153
CALL
Johnson & Johnson
JNJ
$651B
| $23.4M | 0.18% |
+150,000
| New | +$24.8M |
|
154
Invitation Homes
INVH
$17.9B
| $23.1M | 0.18% |
728,735
+527,876
| +263% | +$18.1M |
|
155
Keurig Dr Pepper
KDP
$43.6B
| $22.9M | 0.18% |
725,908
+311,726
| +75% | +$10.3M |
|
156
Global Payments
GPN
$24.7B
| $22.9M | 0.18% |
198,414
-79,563
| -29% | -$9.47M |
|
157
Bank OZK
OZK
$5.39B
| $22.4M | 0.17% |
605,606
+280,392
| +86% | +$11.4M |
|
158
Pool Corp
POOL
$6.83B
| $22.2M | 0.17% |
62,289
+3,667
| +6% | +$1.33M |
|
159
Prosperity Bancshares
PB
$8.75B
| $22.2M | 0.17% |
406,233
+144,236
| +55% | +$8.37M |
|
160
CALL
Alcoa
AA
$13.7B
| $21.8M | 0.17% |
+750,000
| New | +$23.5M |
|
161
Nasdaq
NDAQ
$54.9B
| $21.7M | 0.17% |
446,910
+43,910
| +11% | +$2.22M |
|
162
American Homes 4 Rent
AMH
$12.4B
| $21.7M | 0.17% |
643,608
+124,708
| +24% | +$4.48M |
|
163
Watsco Inc
WSO
$12.9B
| $21.6M | 0.17% |
+57,190
| New | +$20.7M |
|
|
ESTE
164
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $21.4M | 0.17% |
1,059,096
+939,480
| +785% | +$16.4M |
|
165
Avery Dennison
AVY
$13.9B
| $21.4M | 0.17% |
117,319
+102,557
| +695% | +$18.6M |
|
166
Constellium
CSTM
$3.66B
| $21.2M | 0.16% |
1,164,500
-87,200
| -7% | -$1.54M |
|
167
Copa Holdings
CPA
$5.88B
| $21.2M | 0.16% |
237,772
-4,646
| -2% | -$482K |
|
168
Hayward Holdings
HAYW
$3.09B
| $21.1M | 0.16% |
1,497,810
+618,282
| +70% | +$8.49M |
|
169
Essential Properties Realty Trust
EPRT
$6.67B
| $21.1M | 0.16% |
974,542
+930,042
| +2,090% | +$22.2M |
|
170
Suncor Energy
SU
$80B
| $21M | 0.16% |
610,314
+593,214
| +3,469% | +$19M |
|
171
COPT Defense Properties
CDP
$4.23B
| $20.9M | 0.16% |
877,268
+139,726
| +19% | +$3.53M |
|
172
Lam Research
LRCX
$393B
| $20.9M | 0.16% |
333,070
+317,890
| +2,094% | +$20.9M |
|
173
Full Truck Alliance
YMM
$9.1B
| $20.8M | 0.16% |
2,959,386
+2,129,606
| +257% | +$14.7M |
|
174
Reinsurance Group of America
RGA
$15.9B
| $20.8M | 0.16% |
142,922
-61,835
| -30% | -$8.76M |
|
175
Wayfair
W
$13.9B
| $20.7M | 0.16% |
342,407
+58,126
| +20% | +$4.04M |
|
Similar funds
Steve Schonfeld's Q3 2023 Portfolio in Review
As of Q3 2023, Steve Schonfeld held 2,526 positions worth $12.9B, up 11% from $11.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Steve Schonfeld withdrew a net $988M in Q3 2023, closing 812 positions and reducing 582 holdings. Its most notable exit was Deckers Outdoor, an estimated $50.4M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 16% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Invesco S&P 500 Equal Weight ETF worth $67.1M.
- Steve Schonfeld's largest Q3 2023 buy was Invesco S&P 500 Equal Weight ETF: 473,800 shares worth $67.1M.
- Steve Schonfeld added most to FedEx in Q3 2023, an estimated $95.6M increase.
- Steve Schonfeld's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $90.7M.
- Steve Schonfeld fully exited Deckers Outdoor in Q3 2023, selling an estimated $50.4M.
- Steve Schonfeld's ten largest holdings make up 12% of its $12.9B portfolio in Q3 2023.
- Steve Schonfeld opened 446 new positions and closed 812 in Q3 2023.
- Steve Schonfeld's portfolio value rose 11% quarter-over-quarter to $12.9B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2023, filed 14 Nov 2023.