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% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2426
Morningstar
MORN
$8.1B
| – | – |
-1,929
| Closed | -$418K |
|
2427
The Mosaic Company
MOS
$7.76B
| – | – |
-78,037
| Closed | -$3.42M |
|
|
MRC
2428
DELISTED
MRC Global
MRC
| – | – |
-24,087
| Closed | -$279K |
|
2429
Mercury Systems
MRCY
$5.49B
| – | – |
-5,115
| Closed | -$229K |
|
2430
CALL
Moderna
MRNA
$57.9B
| – | – |
-100,000
| Closed | -$152K |
|
|
2431
Moderna
MRNA
$57.9B
| – | – |
-39,264
| Closed | -$7.05M |
|
2432
Maravai LifeSciences
MRVI
$1.29B
| – | – |
-35,528
| Closed | -$508K |
|
2433
Morgan Stanley
MS
$336B
| – | – |
-54,730
| Closed | -$4.65M |
|
2434
Mine Safety
MSA
$7.31B
| – | – |
-2,155
| Closed | -$311K |
|
2435
PUT
Strategy Inc
MSTR
$47.4B
| – | – |
-600,000
| Closed | -$1.96M |
|
2436
Match Group
MTCH
$9.38B
| – | – |
-666,288
| Closed | -$27.6M |
|
2437
M&T Bank
MTB
$34.7B
| – | – |
-8,546
| Closed | -$1.24M |
|
2438
MACOM Technology Solutions
MTSI
$20.4B
| – | – |
-10,230
| Closed | -$644K |
|
2439
Manitowoc
MTW
$710M
| – | – |
-15,100
| Closed | -$138K |
|
2440
Murphy Oil
MUR
$5.36B
| – | – |
-6,976
| Closed | -$300K |
|
2441
McEwen Inc
MUX
$1.28B
| – | – |
-51,900
| Closed | -$304K |
|
2442
CALL
Magnachip Semiconductor
MX
$121M
| – | – |
-25,000
| Closed | -$2.25K |
|
2443
Navient
NAVI
$886M
| – | – |
-47,800
| Closed | -$786K |
|
2444
Nabors Industries
NBR
$1.37B
| – | – |
-1,500
| Closed | -$232K |
|
2445
nCino
NCNO
$2.26B
| – | – |
-62,989
| Closed | -$1.67M |
|
2446
Noble Corp
NE
$7.39B
| – | – |
-10,351
| Closed | -$390K |
|
2447
Newegg Commerce
NEGG
$381M
| – | – |
-945
| Closed | -$24.8K |
|
2448
Neogen
NEOG
$2.61B
| – | – |
-21,304
| Closed | -$324K |
|
2449
Cloudflare
NET
$104B
| – | – |
-31,216
| Closed | -$1.41M |
|
2450
NextDecade
NEXT
$1.9B
| – | – |
-39,700
| Closed | -$196K |
|
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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.