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 | |
|---|---|---|---|---|---|---|
2201
iShares MSCI USA Quality Factor ETF
QUAL
$47.7B
| – | – |
-2,285
| Closed | -$308K |
|
2202
Ryder
R
$9.58B
| – | – |
-3,600
| Closed | -$305K |
|
2203
LiveRamp
RAMP
$2.28B
| – | – |
-11,097
| Closed | -$317K |
|
2204
RBC Bearings
RBC
$16B
| – | – |
-6,182
| Closed | -$1.34M |
|
|
RDUS
2205
DELISTED
Radius Recycling
RDUS
| – | – |
-9,641
| Closed | -$289K |
|
2206
The RealReal
REAL
$1.35B
| – | – |
-11,000
| Closed | -$24.4K |
|
2207
RPC Inc
RES
$1.41B
| – | – |
-25,600
| Closed | -$183K |
|
2208
Repligen
RGEN
$10.2B
| – | – |
-15,003
| Closed | -$2.12M |
|
2209
Royal Gold
RGLD
$21.9B
| – | – |
-2,694
| Closed | -$309K |
|
2210
Rigetti Computing
RGTI
$5.98B
| – | – |
-36,600
| Closed | -$43K |
|
2211
RH
RH
$2.9B
| – | – |
-3,105
| Closed | -$1.02M |
|
2212
Robert Half
RHI
$4.58B
| – | – |
-9,638
| Closed | -$725K |
|
2213
Ryman Hospitality Properties
RHP
$8.86B
| – | – |
-102,858
| Closed | -$9.56M |
|
2214
Transocean
RIG
$6.61B
| – | – |
-73,600
| Closed | -$516K |
|
2215
Rigel Pharmaceuticals
RIGL
$857M
| – | – |
-1,200
| Closed | -$15.5K |
|
2216
Riot Platforms
RIOT
$7.44B
| – | – |
-30,987
| Closed | -$366K |
|
2217
RLJ Lodging Trust
RLJ
$1.75B
| – | – |
-39,207
| Closed | -$403K |
|
2218
RingCentral
RNG
$5.6B
| – | – |
-45,813
| Closed | -$1.5M |
|
2219
Rogers Corp
ROG
$2.26B
| – | – |
-18,877
| Closed | -$3.06M |
|
2220
Roku
ROKU
$23.4B
| – | – |
-58,400
| Closed | -$3.74M |
|
2221
CALL
Root
ROOT
$864M
| – | – |
-15,000
| Closed | -$8.25K |
|
|
2222
Root
ROOT
$864M
| – | – |
-2,400
| Closed | -$21.5K |
|
2223
CALL
Rapid7
RPD
$799M
| – | – |
-10,000
| Closed | -$27.8K |
|
|
2224
Rapid7
RPD
$799M
| – | – |
-779
| Closed | -$35.3K |
|
2225
Range Resources
RRC
$9.59B
| – | – |
-22,998
| Closed | -$676K |
|
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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.