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 | |
|---|---|---|---|---|---|---|
2251
Macerich
MAC
$6.91B
| – | – |
-565,983
| Closed | -$8.74M |
|
|
MAXN
2252
DELISTED
Maxeon Solar Technologies
MAXN
| – | – |
-276
| Closed | -$23.5K |
|
2253
Marcus Corp
MCS
$912M
| – | – |
-27,884
| Closed | -$317K |
|
2254
Pediatrix Medical
MD
$2.16B
| – | – |
-24,997
| Closed | -$189K |
|
2255
MiMedx Group
MDXG
$631M
| – | – |
-17,472
| Closed | -$121K |
|
2256
Medifast
MED
$134M
| – | – |
-10,318
| Closed | -$225K |
|
2257
Methanex
MEOH
$4.65B
| – | – |
-640,347
| Closed | -$30.9M |
|
2258
Magna International
MGA
$19.5B
| – | – |
-77,200
| Closed | -$3.23M |
|
2259
MacroGenics
MGNX
$261M
| – | – |
-122,782
| Closed | -$522K |
|
2260
McGrath RentCorp
MGRC
$2.85B
| – | – |
-2,770
| Closed | -$295K |
|
2261
Magnolia Oil & Gas
MGY
$6.67B
| – | – |
-112,301
| Closed | -$2.85M |
|
2262
Mueller Industries
MLI
$14B
| – | – |
-19,794
| Closed | -$564K |
|
2263
Miller Industries
MLR
$649M
| – | – |
-4,140
| Closed | -$228K |
|
2264
monday.com
MNDY
$3.84B
| – | – |
-38,600
| Closed | -$9.29M |
|
2265
Monro
MNRO
$392M
| – | – |
-21,863
| Closed | -$522K |
|
2266
MP Materials
MP
$10.7B
| – | – |
-23,414
| Closed | -$298K |
|
|
MRC
2267
DELISTED
MRC Global
MRC
| – | – |
-65,700
| Closed | -$848K |
|
2268
Marten Transport
MRTN
$1.22B
| – | – |
-20,595
| Closed | -$380K |
|
2269
MSC Industrial Direct
MSM
$6.69B
| – | – |
-85,004
| Closed | -$6.74M |
|
2270
Matador Resources
MTDR
$7.22B
| – | – |
-3,530
| Closed | -$210K |
|
2271
Meritage Homes
MTH
$4.67B
| – | – |
-62,786
| Closed | -$5.08M |
|
2272
Materion
MTRN
$4.83B
| – | – |
-3,174
| Closed | -$343K |
|
2273
Microvast
MVST
$309M
| – | – |
-81,700
| Closed | -$37.3K |
|
2274
MaxLinear
MXL
$6.04B
| – | – |
-66,081
| Closed | -$1.33M |
|
2275
NewAmsterdam Pharma
NAMS
$3.33B
| – | – |
-49,433
| Closed | -$950K |
|
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.