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
|
+$1.11B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$138M |
| 3 |
NVIDIA
NVDA
|
+$83.1M |
| 4 |
Johnson & Johnson
JNJ
|
+$60.1M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$56.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI India ETF
INDA
|
+$130M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$118M |
| 3 |
Apple
AAPL
|
+$98.7M |
| 4 |
Sherwin-Williams
SHW
|
+$97.9M |
| 5 |
CSX Corp
CSX
|
+$91.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 11.73% |
| 2 | Technology | 10.28% |
| 3 | Healthcare | 7.87% |
| 4 | Consumer Discretionary | 7.6% |
| 5 | Financials | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
Diamondrock Hospitality Co
DRH
$2.61B
| – | – |
-43,750
| Closed | -$370K |
|
2127
CALL
eBay
EBAY
$47.7B
| – | – |
-30,000
| Closed | -$1.61M |
|
|
2128
PUT
eBay
EBAY
$47.7B
| – | – |
-30,000
| Closed | -$1.61M |
|
2129
Editas Medicine
EDIT
$461M
| – | – |
-11,153
| Closed | -$52.1K |
|
2130
CALL
iShares MSCI EAFE ETF
EFA
$79.9B
| – | – |
-200,000
| Closed | -$15.7M |
|
|
2131
PUT
iShares MSCI EAFE ETF
EFA
$79.9B
| – | – |
-200,000
| Closed | -$15.7M |
|
2132
8x8 Inc
EGHT
$286M
| – | – |
-22,222
| Closed | -$49.3K |
|
2133
Eldorado Gold
EGO
$12.1B
| – | – |
-10,684
| Closed | -$158K |
|
2134
eHealth
EHTH
$39.4M
| – | – |
-12,800
| Closed | -$58K |
|
2135
CALL
Elevance Health
ELV
$87.3B
| – | – |
-8,000
| Closed | -$4.33M |
|
|
2136
PUT
Elevance Health
ELV
$87.3B
| – | – |
-8,000
| Closed | -$4.33M |
|
2137
Embecta
EMBC
$283M
| – | – |
-10,108
| Closed | -$126K |
|
2138
Eastman Chemical
EMN
$8.31B
| – | – |
-2,491
| Closed | -$244K |
|
2139
Enbridge
ENB
$109B
| – | – |
-116,500
| Closed | -$4.15M |
|
2140
Enova International
ENVA
$6.17B
| – | – |
-5,009
| Closed | -$312K |
|
2141
Eos Energy Enterprises
EOSE
$1.26B
| – | – |
-41,600
| Closed | -$52.8K |
|
2142
Equinor
EQNR
$101B
| – | – |
-109,400
| Closed | -$3.12M |
|
2143
ESCO Technologies
ESE
$7.14B
| – | – |
-2,815
| Closed | -$296K |
|
2144
Elastic
ESTC
$8.65B
| – | – |
-5,889
| Closed | -$671K |
|
|
ETNB
2145
DELISTED
89bio
ETNB
| – | – |
-40,488
| Closed | -$324K |
|
2146
Evolent Health
EVH
$534M
| – | – |
-59,470
| Closed | -$1.14M |
|
2147
Expensify
EXFY
$248M
| – | – |
-46,033
| Closed | -$68.6K |
|
2148
Exponent
EXPO
$3.37B
| – | – |
-13,862
| Closed | -$1.32M |
|
2149
Extreme Networks
EXTR
$2.92B
| – | – |
-37,939
| Closed | -$510K |
|
2150
EyePoint Inc
EYPT
$421M
| – | – |
-101,772
| Closed | -$885K |
|
Similar funds
Steve Schonfeld's Q3 2024 Portfolio in Review
As of Q3 2024, Steve Schonfeld held 2,574 positions worth $15B, down 3.3% from $15.5B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Steve Schonfeld withdrew a net $1.49B in Q3 2024, closing 586 positions and reducing 825 holdings. Its most notable exit was Rogers Communications, an estimated $47.5M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 12% of assets, down from 14% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Steve Schonfeld opened a new position in iShares MSCI Emerging Markets ETF worth $60.2M.
- Steve Schonfeld's largest Q3 2024 buy was iShares MSCI Emerging Markets ETF: 1,312,275 shares worth $60.2M.
- Steve Schonfeld added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.11B increase.
- Steve Schonfeld's biggest Q3 2024 reduction was iShares MSCI India ETF, cutting an estimated $130M.
- Steve Schonfeld fully exited Rogers Communications in Q3 2024, selling an estimated $47.5M.
- Steve Schonfeld's ten largest holdings make up 32% of its $15B portfolio in Q3 2024.
- Steve Schonfeld opened 477 new positions and closed 586 in Q3 2024.
- Steve Schonfeld's portfolio value fell 3.3% quarter-over-quarter to $15B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2024, filed 14 Nov 2024.