Squarepoint Portfolio holdings
Squarepoint runs funds that use computer models to trade many kinds of assets around the world. It began as nQuant, a trading unit set up inside Lehman Brothers in 2000 by its founders, Olivier Durantel and Gregoire Schneider. Barclays took over nQuant in 2008, and in December 2014 it was spun off as an independent firm and renamed Squarepoint. In 2022 Squarepoint formed STG, a separate trading group that shares much of its infrastructure but has its own investment staff, and in 2021 it partnered with Arini Capital, a European hedge fund.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
DELISTED
Hologic
HOLX
| $1.59M | 0.12% |
46,079
+11,123
| +32% | +$388K |
2015 Q4
1 quarter
|
|
|
SFLY
227
DELISTED
Shutterfly, Inc.
SFLY
| $1.58M | 0.12% |
34,100
+29,300
| +610% | +$1.25M |
2015 Q4
1 quarter
|
|
228
Marathon Petroleum
MPC
$113B
| $1.58M | 0.12% |
42,397
-15,615
| -27% | -$594K |
2014 Q4
5 quarters
|
|
229
Newell Brands
NWL
$2.46B
| $1.56M | 0.12% |
+35,306
| New | +$1.38M |
2016 Q1
0 quarters
|
|
230
Revvity
RVTY
$17.2B
| $1.56M | 0.12% |
+31,498
| New | +$1.5M |
2016 Q1
0 quarters
|
|
|
MDCO
231
DELISTED
Medicines Co
MDCO
| $1.56M | 0.12% |
+48,925
| New | +$1.6M |
2016 Q1
0 quarters
|
|
232
D.R. Horton
DHI
$39.5B
| $1.55M | 0.12% |
51,293
+17,696
| +53% | +$486K |
2015 Q4
1 quarter
|
|
233
Diamondback Energy
FANG
$51.6B
| $1.54M | 0.12% |
+20,000
| New | +$1.41M |
2016 Q1
0 quarters
|
|
234
NOV
NOV
$6.45B
| $1.54M | 0.12% |
49,544
-3,261
| -6% | -$100K |
2015 Q4
1 quarter
|
|
235
Quanta Services
PWR
$90.7B
| $1.53M | 0.12% |
67,977
-38,457
| -36% | -$762K |
2015 Q4
1 quarter
|
|
236
Carlisle Companies
CSL
$15.3B
| $1.53M | 0.12% |
+15,416
| New | +$1.36M |
2016 Q1
0 quarters
|
|
237
DELISTED
Newfield Exploration
NFX
| $1.53M | 0.12% |
45,940
+26,116
| +132% | +$737K |
2015 Q4
1 quarter
|
|
238
Public Service Enterprise Group
PEG
$37.8B
| $1.52M | 0.12% |
32,269
+26,485
| +458% | +$1.12M |
2015 Q4
1 quarter
|
|
239
Amgen
AMGN
$252B
| $1.52M | 0.12% |
10,135
+7,589
| +298% | +$1.13M |
2015 Q4
1 quarter
|
|
240
Casey's General Stores
CASY
$26.3B
| $1.51M | 0.12% |
+13,335
| New | +$1.49M |
2016 Q1
0 quarters
|
|
241
Western Union
WU
$2.1B
| $1.51M | 0.12% |
78,337
+26,214
| +50% | +$472K |
2015 Q4
1 quarter
|
|
|
MDRX
242
DELISTED
Veradigm Inc. Common Stock
MDRX
| $1.51M | 0.12% |
+114,203
| New | +$1.5M |
2016 Q1
0 quarters
|
|
243
Target
TGT
$73.3B
| $1.5M | 0.12% |
18,259
+15,481
| +557% | +$1.17M |
2015 Q4
1 quarter
|
|
|
STRZA
244
DELISTED
Starz - Series A
STRZA
| $1.5M | 0.12% |
+57,000
| New | +$1.56M |
2016 Q1
0 quarters
|
|
245
Edwards Lifesciences
EW
$61.6B
| $1.5M | 0.12% |
50,997
-54,366
| -52% | -$1.5M |
2015 Q4
1 quarter
|
|
|
TWX
246
DELISTED
Time Warner Inc
TWX
| $1.5M | 0.12% |
20,622
-83,258
| -80% | -$5.73M |
2015 Q3
2 quarters
|
|
247
DELISTED
SANDISK CORP
SNDK
| $1.49M | 0.12% |
+19,627
| New | +$1.42M |
2016 Q1
0 quarters
|
|
248
AbbVie
ABBV
$521B
| $1.49M | 0.12% |
+26,106
| New | +$1.46M |
2016 Q1
0 quarters
|
|
249
Devon Energy
DVN
$53.1B
| $1.49M | 0.12% |
54,252
-15,454
| -22% | -$376K |
2015 Q4
1 quarter
|
|
250
Brixmor Property Group
BRX
$9.3B
| $1.48M | 0.12% |
57,900
+44,400
| +329% | +$1.09M |
2015 Q4
1 quarter
|
|
Similar funds
Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.