Schonfeld Strategic Advisors 13F: Adds $70M to AMD Stake

Schonfeld Expands Position in Advanced Micro Devices

Schonfeld Strategic Advisors grew its stake in Advanced Micro Devices, Inc. (NasdaqGS: AMD) during the quarter ended May 15, 2026, according to a recent Form 13F filing with the U.S. Securities and Exchange Commission. This report reflects holdings as of the specified date and may not reflect the fund's current holdings today. The firm lifted its investment aggressively as market interest in high-performance processors continued to evolve.

Position Growth Breakdown

The fund added 124,654 shares to its portfolio during the period, driving its total position from a prior count of 35,830 shares up to 160,484 shares. This move represents a 347.9% increase. The resulting investment carried an estimated value of $90.7 million, showcasing a notable deployment of capital into the Santa Clara-based chip designer.

Semiconductor Stock Valuation and Trading Levels

Shares of Advanced Micro Devices trade around $564.89 on a Saturday trading update, resting well above the 200-day moving average of $392.68. The equity has moved between a 52-week low of $188.22 and a 52-week high of $658.52 over the past year. The company carries a price-to-earnings ratio of 143.4 alongside a forward P/E of 35.7.

Analysts Set New Price Targets

Wall Street firms have actively updated their outlooks on the semiconductor producer through the autumn of 2026. On October 6, 2026, Citigroup maintained a buy rating on the stock while raising its price target to $800.00 from $575.00. On the same day, Mizuho kept an outperform rating and lifted its target to $705.00 from $580.00. Shortly before that, on October 5, 2026, Stifel maintained a buy rating and moved its target from $635.00 to $700.00. StoneX reiterated a buy rating with a $685.00 target on September 29, 2026, matching Rosenblatt's buy rating and $700.00 target on the same date. B of A Securities maintained a buy rating with a target of $720.00 on September 25, 2026, while Piper Sandler initiated coverage with an overweight rating and a $600.00 target on September 10, 2026. Earlier in the cycle, Raymond James upgraded the stock to a strong buy with a $641.00 target on August 25, 2026.

Inside the Operations of Advanced Micro Devices

Led by Chief Executive Officer Dr. Lisa T. Su, Advanced Micro Devices designs advanced processors, graphics hardware, and adaptive computing solutions for data centers, gaming systems, and client devices worldwide. Institutional filings like Schonfeld's reveal how large managers position their portfolios around these product cycles, even as backward-looking reports capture past snapshots rather than current trading days.

What to Watch Next for Shareholders

Investors tracking the stock will look toward the company's next earnings report scheduled for November 3, 2026, for updates on revenue growth and profit margins. Future regulatory filings will reveal whether Schonfeld and other institutional participants continue to accumulate shares or adjust their exposure moving forward.