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 |
iShares Bitcoin Trust
IBIT
|
+$191M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$179M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$145M |
| 4 |
United Airlines
UAL
|
+$61.2M |
| 5 |
American Tower
AMT
|
+$50.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$750M |
| 2 |
Microsoft
MSFT
|
+$142M |
| 3 |
Mastercard
MA
|
+$91.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$86.1M |
| 5 |
FedEx
FDX
|
+$81.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 12.63% |
| 2 | Technology | 11.17% |
| 3 | Financials | 10.09% |
| 4 | Consumer Discretionary | 8.62% |
| 5 | Healthcare | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2301
Oportun Financial
OPRT
$345M
| – | – |
-10,407
| Closed | -$40.7K |
|
|
ORLA
2302
DELISTED
Orla Mining
ORLA
| – | – |
-23,900
| Closed | -$77.7K |
|
|
OTLY
2303
Oatly Group
OTLY
$463M
| – | – |
-812
| Closed | -$19.2K |
|
2304
UiPath
PATH
$8.49B
| – | – |
-90,025
| Closed | -$2.24M |
|
2305
Paycom
PAYC
$10.3B
| – | – |
-138,961
| Closed | -$28.7M |
|
2306
Pacira BioSciences
PCRX
$983M
| – | – |
-100,053
| Closed | -$3.38M |
|
2307
Paylocity
PCTY
$8.14B
| – | – |
-6,927
| Closed | -$1.14M |
|
2308
PagerDuty
PD
$950M
| – | – |
-68,935
| Closed | -$1.6M |
|
2309
Penumbra
PEN
$12.8B
| – | – |
-1,013
| Closed | -$255K |
|
2310
PepsiCo
PEP
$196B
| – | – |
-6,968
| Closed | -$1.18M |
|
2311
PennantPark Floating Rate Capital
PFLT
$731M
| – | – |
-17,400
| Closed | -$211K |
|
2312
CALL
Progressive
PGR
$127B
| – | – |
-70,000
| Closed | -$11.1M |
|
2313
Phreesia
PHR
$749M
| – | – |
-67,462
| Closed | -$1.56M |
|
2314
Pharvaris
PHVS
$2.55B
| – | – |
-12,400
| Closed | -$348K |
|
2315
Polaris
PII
$3.66B
| – | – |
-118,753
| Closed | -$11.3M |
|
2316
Planet Labs
PL
$7.94B
| – | – |
-22,100
| Closed | -$54.6K |
|
2317
Photronics
PLAB
$1.8B
| – | – |
-8,600
| Closed | -$270K |
|
2318
Children's Place
PLCE
$55.4M
| – | – |
-144,211
| Closed | -$3.35M |
|
2319
Prologis
PLD
$135B
| – | – |
-23,565
| Closed | -$3.14M |
|
|
PLL
2320
DELISTED
Piedmont Lithium
PLL
| – | – |
-28,434
| Closed | -$803K |
|
2321
Playtika
PLTK
$904M
| – | – |
-11,954
| Closed | -$104K |
|
|
PLYA
2322
DELISTED
Playa Hotels & Resorts
PLYA
| – | – |
-669,553
| Closed | -$5.79M |
|
|
PPSI
2323
Pioneer Power Solutions
PPSI
$32.6M
| – | – |
-11,700
| Closed | -$79.4K |
|
2324
PRA Group
PRAA
$737M
| – | – |
-23,910
| Closed | -$626K |
|
2325
Primoris Services
PRIM
$4.15B
| – | – |
-8,500
| Closed | -$282K |
|
Similar funds
Steve Schonfeld's Q1 2024 Portfolio in Review
As of Q1 2024, Steve Schonfeld held 2,547 positions worth $15B, down 0.24% from $15.1B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Steve Schonfeld withdrew a net $1.32B in Q1 2024, closing 525 positions and reducing 620 holdings. Its most notable exit was Kellanova, an estimated $56.2M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Steve Schonfeld opened a new position in iShares Bitcoin Trust worth $248M.
- Steve Schonfeld's largest Q1 2024 buy was iShares Bitcoin Trust: 6,128,450 shares worth $248M.
- Steve Schonfeld added most to Invesco QQQ Trust in Q1 2024, an estimated $145M increase.
- Steve Schonfeld's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $750M.
- Steve Schonfeld fully exited Kellanova in Q1 2024, selling an estimated $56.2M.
- Steve Schonfeld's ten largest holdings make up 21% of its $15B portfolio in Q1 2024.
- Steve Schonfeld opened 727 new positions and closed 525 in Q1 2024.
- Steve Schonfeld's portfolio value fell 0.24% quarter-over-quarter to $15B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2024, filed 15 May 2024.