Schonfeld Securites
Schonfeld Strategic Advisors is a privately held, multi-strategy hedge fund managing $19bn+ AUM across Quantitative, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income strategies for institutional investors and family offices through private fund vehicles.
- Company typePrivate
- Founded1988
- HeadquartersJericho, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Schonfeld Securites does
Schonfeld Strategic Advisors is a privately held, multi-strategy hedge fund founded in 1988 by Steven Schonfeld as a proprietary trading firm with deep systematic roots, now led by Chief Executive Officer and Chief Investment Officer Ryan Tolkin. The firm invests across four core strategies: Quantitative, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income, operating as a 130+ portfolio manager team platform managing $19bn+ in assets under management across five continents as of April 2026, with 1,000+ employees. Its institutional client base consists of qualified institutional investors and family offices accessing private fund vehicles, with revenue generated through management fees on AUM and performance/incentive fees on generated alpha.
The firm has built a proprietary technology stack centered on the SchonAI platform, an internal AI ecosystem with curated model partnerships with Anthropic and OpenAI used by a large majority of employees. Portfolio Managers represent the largest user group, and the platform was operationalized in 2025 through the FE AI Lab, an immersive program for the Fundamental Equity team focused on automating earnings preparation, idea generation, document analysis, inbox triage, and Excel workflows. A dedicated AI engineering function is led by a Senior Software Engineer serving as an AI evangelist, and the firm operates structured talent development programs (Analyst Institute, Ascent) that feed directly into PM pipeline.
Distribution is exclusively direct: the firm raises capital through private fund placements with institutional investors and family offices and explicitly does not offer investment products to the general public, as documented in its fraud warnings and terms. Geographically, Schonfeld operates from headquarters in New York with offices in Hong Kong, Tokyo, Singapore, London, and Miami, plus a pre-operational Brazil entity registered with the CVM. The recent launch of Triwood Asset Management in February 2026 adds a dedicated APAC long/short equities business unit led by nine-year firm veteran Yasuhiro Tamaki.
Schonfeld Securites firmographics
Firmographics- Name
- Schonfeld Securites
- Legal name
- Schonfeld Strategic Advisors LLC
- Website
- https://schonfeld.com
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Schonfeld Strategic Advisors is a privately held, multi-strategy hedge fund managing $19bn+ AUM across Quantitative, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income strategies for institutional investors and family offices through private fund vehicles.
- Ownership category
- akta.pro rank
Schonfeld Securites industry classification
Industry- Product category
- Multi-Strategy Hedge Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Strategy — Multi-Asset Tactical / Opportunistic Trading (FSAHAFAJ)
- akta.pro secondary industries
- Fundamental/Discretionary Equity Long/Short (FSAHAAAA), Discretionary Macro (Rates, FX, Equities) (FSAHABAA)
Keywords
Where Schonfeld Securites is headquartered
LocationHeadquarters
- HQ city
- Jericho
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Schonfeld Securites business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: Schonfeld earns management fees on its $19bn+ AUM as a percentage of assets under management. This is the primary recurring revenue stream for the hedge fund.
- Performance Fees (Incentive Allocation): Hedge fund earns performance/incentive fees on profits generated for investors, typical in the hedge fund industry alongside management fees.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Schonfeld Securites product offering
Product offeringCore offering
Schonfeld Strategic Advisors operates as a private multi-strategy, multi-manager hedge fund managing $19bn+ in assets under management across four core strategies: Quantitative, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. The firm serves qualified institutional investors and family offices exclusively, deploying proprietary quantitative models, fundamental equity research tools, and its internal SchonAI platform to generate risk-adjusted returns across global markets.
Product overview
Schonfeld Strategic Advisors is a multi-strategy, multi-manager hedge fund operating as a platform with four core investment strategies (Quantitative, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income). The firm offers proprietary AI capabilities through its SchonAI platform, supplemented by specialized programs like the FE AI Lab for the Fundamental Equity team and structured development programs (Analyst Institute and Ascent) for investment professionals. The firm recently launched Triwood Asset Management as a second equities business unit focused on APAC long/short equity strategies.
Differentiator
Problem solved
Functional benefit
Brands
- SchonAI: The firm's proprietary AI platform underpinning its AI ecosystem, including model partnerships with Anthropic and OpenAI
- Analyst Institute
- Ascent
- Schonfeld Sophomore Internship
- Summer Internship Program
- Quantitative Research Internships
Products and services
- Multi-Strategy Hedge Fund Platform
- Quantitative Strategy
- Fundamental Equity Strategy
- Tactical Trading Strategy
- Discretionary Macro & Fixed Income Strategy
- Triwood Asset Management
Companies that use Schonfeld Securites
Customer profileSegments1 record
Ideal customer profiles1 record
Schonfeld Securites technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature3 records
Schonfeld Securites partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Big Brothers Big Sisters (BBBS)minorSchonfeld partners with Big Brothers Big Sisters (BBBS) Workplace Mentoring program for eight consecutive years. The firm runs a 'Shark Tank'-style pitch competition at its NYC office for student mentees from Jackie Kennedy Onassis High School. Over a dozen Schonfeld volunteers serve as 'Bigs' each year, meeting monthly with mentees on career-readiness topics. This is a community engagement CSR initiative, not a commercial partnership.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Schonfeld Securites competitors and assessment
Company assessmentBroad incumbents
- Millennium Management: Largest multi-strategy, multi-PM hedge fund platform globally. Directly comparable to Schonfeld in business model (pod-style PM teams across multiple strategies, institutional LP base, proprietary tech) but operates at materially greater AUM scale.
- Citadel LLC: Multi-strategy hedge fund with quantitative, fundamental, and fixed income strategies. Closest large-scale analogue to Schonfeld's four-strategy platform, with significantly larger AUM and global footprint.
- Two Sigma Investments: Quantitative and multi-strategy hedge fund with heavy technology/AI emphasis. Comparable to Schonfeld's quant strategy and SchonAI platform direction, though more quant-skewed and larger in AUM.
- DE Shaw & Co. Multi-strategy hedge fund combining systematic and discretionary approaches. Comparable to Schonfeld in offering quantitative, fundamental, and macro strategies under one institutional platform.
Direct peers
- Balyasny Asset Management: Multi-strategy, multi-PM hedge fund platform operating a similar pod structure with global macro, equities, and quant strategies. One of the closest direct comparables to Schonfeld in size, structure, and institutional LP focus.
- Point72 Asset Management: Multi-strategy hedge fund with fundamental equity, macro, and quantitative strategies organized around independent teams. Comparable in PM-led structure and institutional client base, with similar emphasis on fundamental research workflows.
- ExodusPoint Capital: Multi-strategy hedge fund combining fundamental and systematic strategies with global reach. Comparable to Schonfeld in multi-strategy orientation and tier-one institutional investor base, though smaller in scale.
- Capula Investment Management: Multi-strategy hedge fund with macro, fixed income, and credit focus. Comparable in offering discretionary macro/fixed income strategies similar to Schonfeld's DMFI, with institutional LP base.
- Eisler Capital: Multi-strategy hedge fund with discretionary macro and equities strategies. Comparable in being a multi-strategy platform serving institutional investors, with similar PM-led structure.
- Verition Fund Management: Multi-strategy, multi-PM hedge fund platform covering equities, credit, and macro. Closely comparable to Schonfeld in PM-pod model, institutional LP distribution, and broad strategy mix.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Schonfeld Securites social profiles
Digital presenceSchonfeld Securites financial estimates
Financial estimateRevenue estimate
Valuation estimate
Schonfeld Securites leadership team
Management profileNumber of profiles
Profiles10 records
Schonfeld Securites subsidiaries and ownership
Company hierarchySubsidiaries1 record
Schonfeld Securites funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Schonfeld Securites M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Schonfeld Securites
What does Schonfeld Securites do?
Schonfeld Strategic Advisors operates as a private multi-strategy, multi-manager hedge fund managing $19bn+ in assets under management across four core strategies: Quantitative, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. The firm serves qualified institutional investors and family offices exclusively, deploying proprietary quantitative models, fundamental equity research tools, and its internal SchonAI platform to generate risk-adjusted returns across global markets.
Is Schonfeld Securites a public or private company?
Schonfeld Securites is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Schonfeld Securites founded?
Schonfeld Securites was founded in 1988. It employs 51 to 100 people.
Where is Schonfeld Securites based?
Schonfeld Securites is headquartered in Jericho, United States, in the North America region.
How does Schonfeld Securites make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are performance Fees (Incentive Allocation).
Who are Schonfeld Securites's main competitors?
Broad incumbents on record are Millennium Management, Citadel LLC, Two Sigma Investments and DE Shaw & Co.. Direct peers are Balyasny Asset Management, Point72 Asset Management, ExodusPoint Capital, Capula Investment Management, Eisler Capital and Verition Fund Management.
Does Schonfeld Securites have an API?
No public API is recorded for Schonfeld Securites.
What industry is Schonfeld Securites in?
Schonfeld Securites's product category is Multi-Strategy Hedge Fund Management. Its primary akta.pro industry code is FSAHAFAJ, Multi-Strategy — Multi-Asset Tactical / Opportunistic Trading, with a secondary code of FSAHAAAA, Fundamental/Discretionary Equity Long/Short. Its NAICS code is 523940 and its SIC code is 6282.