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 | |
|---|---|---|---|---|---|---|
2276
Noodles & Co
NDLS
$89.7M
| – | – |
-4,297
| Closed | -$54.3K |
|
2277
Noble Corp
NE
$7.39B
| – | – |
-9,987
| Closed | -$446K |
|
|
NGD
2278
DELISTED
New Gold Inc
NGD
| – | – |
-25,700
| Closed | -$50.1K |
|
2279
Ingevity
NGVT
$2.42B
| – | – |
-10,275
| Closed | -$449K |
|
2280
PUT
Nike
NKE
$60.5B
| – | – |
-250,000
| Closed | -$18.8M |
|
2281
Nkarta
NKTX
$191M
| – | – |
-68,517
| Closed | -$405K |
|
2282
Nomura Holdings
NMR
$28.4B
| – | – |
-58,300
| Closed | -$337K |
|
2283
NextNav
NN
$2.96B
| – | – |
-12,764
| Closed | -$104K |
|
2284
Nokia
NOK
$57B
| – | – |
-869,700
| Closed | -$3.29M |
|
2285
Nomad Foods
NOMD
$1.65B
| – | – |
-44,800
| Closed | -$738K |
|
2286
Novanta
NOVT
$5.49B
| – | – |
-1,710
| Closed | -$279K |
|
2287
Enpro
NPO
$6.62B
| – | – |
-1,970
| Closed | -$287K |
|
2288
Insight Enterprises
NSIT
$4.33B
| – | – |
-21,298
| Closed | -$4.22M |
|
2289
NETSCOUT
NTCT
$2.8B
| – | – |
-58,452
| Closed | -$1.07M |
|
2290
NetEase
NTES
$82.1B
| – | – |
-21,500
| Closed | -$1.88M |
|
2291
Nutrien
NTR
$35.9B
| – | – |
-23,542
| Closed | -$1.2M |
|
2292
CALL
Nu Holdings
NU
$70.4B
| – | – |
-350,000
| Closed | -$4.51M |
|
|
2293
Nu Holdings
NU
$70.4B
| – | – |
-2,972,034
| Closed | -$38.3M |
|
|
2294
PUT
Nu Holdings
NU
$70.4B
| – | – |
-350,000
| Closed | -$4.51M |
|
|
NUVL
2295
DELISTED
Nuvalent
NUVL
| – | – |
-5,700
| Closed | -$432K |
|
2296
NovoCure
NVCR
$1.99B
| – | – |
-101,140
| Closed | -$1.73M |
|
2297
Envista
NVST
$4.37B
| – | – |
-59,151
| Closed | -$984K |
|
2298
Navitas Semiconductor
NVTS
$3.39B
| – | – |
-14,082
| Closed | -$55.3K |
|
2299
News Corp Class B
NWS
$18.7B
| – | – |
-123,700
| Closed | -$3.51M |
|
2300
CALL
NexGen Energy
NXE
$7.28B
| – | – |
-163,800
| Closed | -$1.14M |
|
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.