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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.67B |
| 2 |
Amazon
AMZN
|
+$109M |
| 3 |
Verizon
VZ
|
+$64.3M |
| 4 |
Mastercard
MA
|
+$58M |
| 5 |
Micron Technology
MU
|
+$54M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Union Pacific
UNP
|
+$115M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$94.5M |
| 3 |
American Tower
AMT
|
+$69.6M |
| 4 |
Walmart Inc
WMT
|
+$67.4M |
| 5 |
American Express
AXP
|
+$63.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 11.79% |
| 2 | Technology | 9.94% |
| 3 | Financials | 9.21% |
| 4 | Consumer Discretionary | 9.11% |
| 5 | Healthcare | 6.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Western Alliance Bancorporation
WAL
$8.69B
| $21.4M | 0.14% |
325,744
+7,729
| +2% | +$390K |
|
152
CALL
State Street SPDR S&P Retail ETF
XRT
$491M
| $21.3M | 0.14% |
+295,000
| New | +$18.8M |
|
|
PPL
153
PPL Corp
PPL
$25.9B
| $21.3M | 0.14% |
+786,744
| New | +$20M |
|
154
Casey's General Stores
CASY
$30.9B
| $21M | 0.14% |
76,267
+74,334
| +3,846% | +$20.3M |
|
155
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.2B
| $20.9M | 0.14% |
+575,600
| New | +$20.2M |
|
156
Alexandria Real Estate Equities
ARE
$9.21B
| $20.9M | 0.14% |
164,545
+155,564
| +1,732% | +$16.7M |
|
157
CALL
Microsoft
MSFT
$3.59T
| $20.7M | 0.14% |
55,000
+30,000
| +120% | +$10.7M |
|
158
Emerson Electric
EMR
$87.7B
| $20.6M | 0.14% |
211,900
-142,294
| -40% | -$13M |
|
159
CareTrust REIT
CTRE
$9.35B
| $20.6M | 0.14% |
919,698
+738,122
| +407% | +$16.3M |
|
160
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $20.2M | 0.13% |
225,993
-131,797
| -37% | -$9.79M |
|
161
Flywire
FLYW
$2.38B
| $20.1M | 0.13% |
867,264
+677,262
| +356% | +$17.1M |
|
162
Cullen/Frost Bankers
CFR
$10.2B
| $20M | 0.13% |
184,320
+160,379
| +670% | +$15.6M |
|
163
Elevance Health
ELV
$86.9B
| $20M | 0.13% |
42,357
-35,082
| -45% | -$16.2M |
|
164
Reinsurance Group of America
RGA
$15.9B
| $19.9M | 0.13% |
123,200
-19,722
| -14% | -$3.07M |
|
165
Alphabet (Google) Class A
GOOGL
$4.22T
| $19.9M | 0.13% |
142,306
+30,748
| +28% | +$4.13M |
|
166
Bank OZK
OZK
$5.39B
| $19.7M | 0.13% |
395,618
-209,988
| -35% | -$8.65M |
|
167
Darling Ingredients
DAR
$10.4B
| $19.7M | 0.13% |
394,675
-94,193
| -19% | -$4.28M |
|
168
WEX
WEX
$6.81B
| $19.5M | 0.13% |
100,401
-40,886
| -29% | -$7.41M |
|
169
Ross Stores
ROST
$76.7B
| $19.3M | 0.13% |
139,513
-79,454
| -36% | -$9.9M |
|
170
Incyte
INCY
$25.9B
| $18.8M | 0.12% |
300,004
+268,928
| +865% | +$15.2M |
|
|
171
American Tower
AMT
$81.9B
| $18.7M | 0.12% |
86,822
-368,054
| -81% | -$69.6M |
|
172
O'Reilly Automotive
ORLY
$72.1B
| $18.7M | 0.12% |
+294,465
| New | +$18.6M |
|
173
United Therapeutics
UTHR
$22B
| $18.6M | 0.12% |
84,595
+35,523
| +72% | +$8.19M |
|
174
Sunstone Hotel Investors
SHO
$2.1B
| $18.6M | 0.12% |
1,731,619
+1,645,781
| +1,917% | +$16.2M |
|
175
Deere & Co
DE
$175B
| $18.6M | 0.12% |
46,464
+36,122
| +349% | +$13.6M |
|
Similar funds
Steve Schonfeld's Q4 2023 Portfolio in Review
As of Q4 2023, Steve Schonfeld held 2,384 positions worth $15.1B, up 17% from $12.9B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Steve Schonfeld deployed $548M of net new capital in Q4 2023, opening 671 new positions and adding to 477 existing holdings. Its largest new stake was Equifax: 214,316 shares worth $53M.
By sector, the portfolio is most concentrated in Industrials at 12% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Union Pacific, an estimated $115M trimmed.
- Steve Schonfeld's largest Q4 2023 buy was Equifax: 214,316 shares worth $53M.
- Steve Schonfeld added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $1.67B increase.
- Steve Schonfeld's biggest Q4 2023 reduction was Union Pacific, cutting an estimated $115M.
- Steve Schonfeld fully exited iShares iBoxx $ High Yield Corporate Bond ETF in Q4 2023, selling an estimated $94.5M.
- Steve Schonfeld's ten largest holdings make up 29% of its $15.1B portfolio in Q4 2023.
- Steve Schonfeld opened 671 new positions and closed 562 in Q4 2023.
- Steve Schonfeld's portfolio value rose 17% quarter-over-quarter to $15.1B.
Based on Schonfeld Strategic Advisors's 13F filing for Q4 2023, filed 14 Feb 2024.