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 |
Wells Fargo
WFC
|
+$102M |
| 2 |
Huntington Bancshares
HBAN
|
+$79.5M |
| 3 |
Tesla
TSLA
|
+$77.5M |
| 4 |
PepsiCo
PEP
|
+$74.4M |
| 5 |
CSX Corp
CSX
|
+$67.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$128M |
| 2 |
US Bancorp
USB
|
+$111M |
| 3 |
Ferguson
FERG
|
+$107M |
| 4 |
Take-Two Interactive
TTWO
|
+$102M |
| 5 |
Meta Platforms (Facebook)
META
|
+$87.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.62% |
| 2 | Industrials | 14.99% |
| 3 | Consumer Discretionary | 14.97% |
| 4 | Technology | 14.3% |
| 5 | Healthcare | 8.71% |
Similar funds
Steve Schonfeld's Q1 2023 Portfolio in Review
As of Q1 2023, Steve Schonfeld held 3,024 positions worth $10.4B, down 13% from $12B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Steve Schonfeld withdrew a net $1.1B in Q1 2023, closing 986 positions and reducing 807 holdings. Its most notable exit was Take-Two Interactive, an estimated $102M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in monday.com worth $48.1M.
- Steve Schonfeld's largest Q1 2023 buy was monday.com: 336,920 shares worth $48.1M.
- Steve Schonfeld added most to Wells Fargo in Q1 2023, an estimated $102M increase.
- Steve Schonfeld's biggest Q1 2023 reduction was Amazon, cutting an estimated $128M.
- Steve Schonfeld fully exited Take-Two Interactive in Q1 2023, selling an estimated $102M.
- Steve Schonfeld's ten largest holdings make up 9.2% of its $10.4B portfolio in Q1 2023.
- Steve Schonfeld opened 485 new positions and closed 986 in Q1 2023.
- Steve Schonfeld's portfolio value fell 13% quarter-over-quarter to $10.4B.
Based on Schonfeld Strategic Advisors's 13F filing for Q1 2023, filed 15 May 2023.