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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Healthpeak Properties
DOC
$13.1B
| $1.72M | 0.11% |
53,209
+23,348
| +78% | +$725K |
2016 Q1
1 quarter
|
|
227
Travelers Companies
TRV
$81.2B
| $1.71M | 0.11% |
14,371
+5,416
| +60% | +$613K |
2015 Q4
2 quarters
|
|
|
WLL
228
DELISTED
Whiting Petroleum Corporation
WLL
| $1.71M | 0.11% |
616
+550
| +833% | +$1.82M |
2016 Q1
1 quarter
|
|
|
DISCK
229
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.7M | 0.11% |
71,310
+22,657
| +47% | +$598K |
2015 Q4
2 quarters
|
|
230
Worthington Enterprises
WOR
$3.09B
| $1.7M | 0.11% |
65,028
+39,196
| +152% | +$905K |
2016 Q1
1 quarter
|
|
231
Agilent Technologies
A
$49.3B
| $1.66M | 0.1% |
37,367
+13,848
| +59% | +$597K |
2015 Q4
2 quarters
|
|
232
VeriSign
VRSN
$27.6B
| $1.65M | 0.1% |
19,075
+7,623
| +67% | +$657K |
2015 Q3
3 quarters
|
|
233
Helmerich & Payne
HP
$4.3B
| $1.65M | 0.1% |
24,543
+16,762
| +215% | +$1.04M |
2015 Q4
2 quarters
|
|
234
Roper Technologies
ROP
$46.1B
| $1.64M | 0.1% |
+9,618
| New | +$1.68M |
2016 Q2
0 quarters
|
|
235
Emergent Biosolutions
EBS
$349M
| $1.63M | 0.1% |
+57,959
| New | +$2.27M |
2016 Q2
0 quarters
|
|
236
DELISTED
Synovus
SNV
| $1.63M | 0.1% |
56,219
+17,642
| +46% | +$536K |
2015 Q4
2 quarters
|
|
237
Bunge Global
BG
$18.6B
| $1.62M | 0.1% |
+27,464
| New | +$1.68M |
2016 Q2
0 quarters
|
|
238
Cimpress
CMPR
$1.4B
| $1.62M | 0.1% |
+17,497
| New | +$1.64M |
2016 Q2
0 quarters
|
|
239
Medtronic
MDT
$123B
| $1.6M | 0.1% |
18,406
-69,213
| -79% | -$5.6M |
2015 Q4
2 quarters
|
|
240
MarketAxess Holdings
MKTX
$5.82B
| $1.59M | 0.1% |
10,905
+8,437
| +342% | +$1.12M |
2016 Q1
1 quarter
|
|
241
CarMax
KMX
$7.89B
| $1.58M | 0.1% |
+32,325
| New | +$1.66M |
2016 Q2
0 quarters
|
|
|
RDC
242
DELISTED
Rowan Companies Plc
RDC
| $1.58M | 0.1% |
89,769
+1,153
| +1% | +$20K |
2016 Q1
1 quarter
|
|
243
Patterson-UTI
PTEN
$5.08B
| $1.57M | 0.1% |
73,806
+19,089
| +35% | +$360K |
2016 Q1
1 quarter
|
|
244
The Gap Inc
GAP
$7.84B
| $1.56M | 0.1% |
73,408
-7,980
| -10% | -$170K |
2015 Q3
3 quarters
|
|
245
General Motors
GM
$74.2B
| $1.55M | 0.1% |
54,720
-45,848
| -46% | -$1.39M |
2015 Q4
2 quarters
|
|
246
Franklin Templeton
BEN
$16.1B
| $1.55M | 0.1% |
46,361
+24,687
| +114% | +$897K |
2014 Q4
6 quarters
|
|
247
Southern Company
SO
$108B
| $1.54M | 0.1% |
+28,748
| New | +$1.45M |
2016 Q2
0 quarters
|
|
248
American Eagle Outfitters
AEO
$3.29B
| $1.54M | 0.1% |
96,678
+70,071
| +263% | +$1.07M |
2015 Q4
2 quarters
|
|
249
NOV
NOV
$6.88B
| $1.52M | 0.1% |
45,219
-4,325
| -9% | -$139K |
2015 Q4
2 quarters
|
|
250
Ryanair
RYAAY
$27.8B
| $1.52M | 0.09% |
+54,655
| New | +$1.77M |
2016 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.