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 |
CCXX.U
Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt
CCXX.U
|
+$30.5M |
| 2 |
AGN
Allergan plc
AGN
|
+$26.9M |
| 3 |
IPHI
INPHI CORPORATION
IPHI
|
+$23.4M |
| 4 |
Bilibili
BILI
|
+$21.7M |
| 5 |
Gaotu Techedu
GOTU
|
+$16.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vistra
VST
|
+$89.7M |
| 2 |
Dominion Energy
D
|
+$69.9M |
| 3 |
Cheniere Energy
LNG
|
+$63.1M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$62.8M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$53.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.3% |
| 2 | Financials | 15.11% |
| 3 | Consumer Discretionary | 13.23% |
| 4 | Healthcare | 12.79% |
| 5 | Communication Services | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Cognizant
CTSH
$27.9B
| $1.94M | 0.12% |
41,700
+20,150
| +94% | +$1.2M |
|
202
Liberty Media Series C
FWONK
$26.3B
| $1.91M | 0.12% |
+72,400
| New | +$2.78M |
|
203
Qiagen
QGEN
$9.1B
| $1.9M | 0.12% |
43,098
-93,801
| -69% | -$3.66M |
|
204
Dentsply Sirona
XRAY
$2.18B
| $1.89M | 0.12% |
+48,597
| New | +$2.48M |
|
205
eBay
EBAY
$46.3B
| $1.87M | 0.12% |
62,238
-14,711
| -19% | -$512K |
|
|
BERY
206
DELISTED
Berry Global Group, Inc.
BERY
| $1.86M | 0.12% |
+60,113
| New | +$2.2M |
|
207
Walt Disney
DIS
$186B
| $1.85M | 0.12% |
19,138
-18,562
| -49% | -$2.35M |
|
208
JetBlue
JBLU
$1.85B
| $1.84M | 0.12% |
206,017
+127,387
| +162% | +$2.11M |
|
209
Brighthouse Financial
BHF
$3.01B
| $1.83M | 0.12% |
75,800
+57,000
| +303% | +$2.02M |
|
210
FedEx
FDX
$76.9B
| $1.83M | 0.12% |
15,101
-30,458
| -67% | -$4.29M |
|
211
Chubb
CB
$132B
| $1.83M | 0.12% |
+16,348
| New | +$2.34M |
|
212
American Tower
AMT
$81.9B
| $1.82M | 0.11% |
8,353
+1,353
| +19% | +$315K |
|
213
Ameren
AEE
$29.4B
| $1.81M | 0.11% |
24,909
-571,710
| -96% | -$45.3M |
|
214
Quest Diagnostics
DGX
$27B
| $1.81M | 0.11% |
22,566
+7,652
| +51% | +$792K |
|
|
QVCGA
215
DELISTED
QVC Group Inc Series A
QVCGA
| $1.79M | 0.11% |
6,044
-1,798
| -23% | -$642K |
|
216
iShares MSCI South Korea ETF
EWY
$27.9B
| $1.79M | 0.11% |
+38,094
| New | +$2.14M |
|
217
Keysight
KEYS
$53.8B
| $1.77M | 0.11% |
21,186
-4,001
| -16% | -$380K |
|
218
Logitech
LOGI
$13.8B
| $1.77M | 0.11% |
+40,652
| New | +$1.76M |
|
219
Essential Utilities
WTRG
$11.4B
| $1.77M | 0.11% |
+43,390
| New | +$2.05M |
|
220
Mid-America Apartment Communities
MAA
$15.2B
| $1.76M | 0.11% |
+17,087
| New | +$2.22M |
|
221
CMS Energy
CMS
$21.4B
| $1.75M | 0.11% |
29,749
-20,751
| -41% | -$1.33M |
|
|
SGI
222
Somnigroup International
SGI
$13.6B
| $1.75M | 0.11% |
160,000
-57,076
| -26% | -$1.08M |
|
223
Jefferies Financial Group
JEF
$12.1B
| $1.74M | 0.11% |
132,947
-36,714
| -22% | -$701K |
|
224
Air Products & Chemicals
APD
$67.9B
| $1.73M | 0.11% |
+8,672
| New | +$1.98M |
|
225
CSX Corp
CSX
$95.6B
| $1.73M | 0.11% |
90,576
-13,548
| -13% | -$316K |
|
Similar funds
Steve Schonfeld's Q1 2020 Portfolio in Review
As of Q1 2020, Steve Schonfeld held 1,717 positions worth $1.59B, down 61% from $4.1B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steve Schonfeld withdrew a net $1.91B in Q1 2020, closing 624 positions and reducing 338 holdings. Its most notable exit was Vistra, an estimated $89.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt worth $30M.
- Steve Schonfeld's largest Q1 2020 buy was Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt: 3,000,000 shares worth $30M.
- Steve Schonfeld added most to Allergan plc in Q1 2020, an estimated $26.9M increase.
- Steve Schonfeld's biggest Q1 2020 reduction was Cheniere Energy, cutting an estimated $63.1M.
- Steve Schonfeld fully exited Vistra in Q1 2020, selling an estimated $89.7M.
- Steve Schonfeld's ten largest holdings make up 16% of its $1.59B portfolio in Q1 2020.
- Steve Schonfeld opened 455 new positions and closed 624 in Q1 2020.
- Steve Schonfeld's portfolio value fell 61% quarter-over-quarter to $1.59B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2020, filed 15 May 2020.