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 | |
|---|---|---|---|---|---|---|
1801
Bank of Hawaii
BOH
$3.03B
| – | – |
-8,300
| Closed | -$342K |
|
|
BORR
1802
Borr Drilling
BORR
$1.35B
| – | – |
-14,200
| Closed | -$107K |
|
|
BRKL
1803
DELISTED
Brookline Bancorp
BRKL
| – | – |
-13,800
| Closed | -$121K |
|
1804
Bruker
BRKR
$8.68B
| – | – |
-14,220
| Closed | -$1.05M |
|
1805
Dutch Bros
BROS
$7.17B
| – | – |
-12,400
| Closed | -$353K |
|
1806
Braze
BRZE
$3.54B
| – | – |
-710,000
| Closed | -$31.1M |
|
1807
Bentley Systems
BSY
$11.4B
| – | – |
-10,018
| Closed | -$543K |
|
1808
Baytex Energy
BTE
$3.3B
| – | – |
-77,619
| Closed | -$253K |
|
1809
PUT
AB InBev
BUD
$156B
| – | – |
-50,000
| Closed | -$22.5K |
|
1810
Babcock & Wilcox
BW
$1.15B
| – | – |
-22,500
| Closed | -$133K |
|
1811
BorgWarner
BWA
$13.1B
| – | – |
-71,032
| Closed | -$3.06M |
|
1812
Blackstone
BX
$108B
| – | – |
-100,388
| Closed | -$9.33M |
|
1813
BlueLinx
BXC
$653M
| – | – |
-3,200
| Closed | -$300K |
|
1814
Blackstone Secured Lending
BXSL
$5.82B
| – | – |
-29,700
| Closed | -$813K |
|
1815
Beyond Meat
BYND
$243M
| – | – |
-5,079
| Closed | -$1.98M |
|
1816
Beazer Homes USA
BZH
$883M
| – | – |
-7,600
| Closed | -$215K |
|
1817
Cable One
CABO
$130M
| – | – |
-1,128
| Closed | -$741K |
|
1818
Credit Acceptance
CACC
$6.26B
| – | – |
-395
| Closed | -$201K |
|
1819
Cardinal Health
CAH
$54B
| – | – |
-4,619
| Closed | -$437K |
|
1820
Cheesecake Factory
CAKE
$5.7B
| – | – |
-64,482
| Closed | -$2.23M |
|
1821
Cal-Maine
CALM
$3.95B
| – | – |
-4,874
| Closed | -$219K |
|
1822
Avis
CAR
$5.19B
| – | – |
-6,907
| Closed | -$1.58M |
|
1823
Cars.com
CARS
$662M
| – | – |
-18,991
| Closed | -$376K |
|
1824
PUT
Caterpillar
CAT
$373B
| – | – |
-150,000
| Closed | -$119K |
|
1825
CBRE Group
CBRE
$44B
| – | – |
-17,383
| Closed | -$1.4M |
|
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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.