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 |
iShares China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
PVG
226
DELISTED
PRETIUM RESOURCES INC.
PVG
| $2.65M | 0.11% |
+321,143
| New | +$2.83M |
2016 Q4
0 quarters
|
|
227
Mastercard
MA
$576B
| $2.64M | 0.11% |
+25,608
| New | +$2.65M |
2016 Q4
0 quarters
|
|
228
American Eagle Outfitters
AEO
$3.64B
| $2.64M | 0.11% |
173,940
+87,229
| +101% | +$1.49M |
2015 Q4
4 quarters
|
|
229
AT&T
T
$149B
| $2.63M | 0.11% |
+81,769
| New | +$2.41M |
2016 Q4
0 quarters
|
|
230
O-I Glass
OI
$756M
| $2.62M | 0.11% |
+150,498
| New | +$2.73M |
2016 Q4
0 quarters
|
|
231
Eagle Materials
EXP
$5.52B
| $2.61M | 0.11% |
26,459
+12,558
| +90% | +$1.13M |
2016 Q3
1 quarter
|
|
|
EXPR
232
DELISTED
Express, Inc.
EXPR
| $2.59M | 0.11% |
12,030
+10,792
| +872% | +$2.65M |
2016 Q1
3 quarters
|
|
233
DELISTED
Kellanova
K
| $2.57M | 0.11% |
37,175
-30,167
| -45% | -$2.1M |
2016 Q1
3 quarters
|
|
234
Baidu
BIDU
$26.4B
| $2.57M | 0.11% |
+15,610
| New | +$2.66M |
2016 Q4
0 quarters
|
|
235
Hershey
HSY
$35B
| $2.56M | 0.1% |
24,789
-64,326
| -72% | -$6.35M |
2016 Q3
1 quarter
|
|
236
Williams Companies
WMB
$86.5B
| $2.54M | 0.1% |
81,476
+3,660
| +5% | +$110K |
2016 Q1
3 quarters
|
|
237
Seagate
STX
$119B
| $2.53M | 0.1% |
+66,392
| New | +$2.48M |
2016 Q4
0 quarters
|
|
238
Philip Morris
PM
$308B
| $2.53M | 0.1% |
27,610
+17,645
| +177% | +$1.64M |
2016 Q1
3 quarters
|
|
239
Global Payments
GPN
$24.2B
| $2.52M | 0.1% |
36,384
+25,738
| +242% | +$1.85M |
2015 Q4
4 quarters
|
|
240
Expedia Group
EXPE
$30.9B
| $2.5M | 0.1% |
+22,112
| New | +$2.7M |
2016 Q4
0 quarters
|
|
241
NextEra Energy
NEE
$178B
| $2.47M | 0.1% |
+82,596
| New | +$2.47M |
2016 Q4
0 quarters
|
|
|
SNI
242
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $2.46M | 0.1% |
34,460
+20,997
| +156% | +$1.42M |
2015 Q4
4 quarters
|
|
243
iShares TIPS Bond ETF
TIP
$14.4B
| $2.44M | 0.1% |
+21,579
| New | +$2.46M |
2016 Q4
0 quarters
|
|
244
DELISTED
Hanesbrands
HBI
| $2.43M | 0.1% |
+112,463
| New | +$2.69M |
2016 Q4
0 quarters
|
|
245
Everest Group
EG
$15.8B
| $2.41M | 0.1% |
11,125
+9,704
| +683% | +$2M |
2016 Q3
1 quarter
|
|
246
AGNC Investment
AGNC
$10.4B
| $2.39M | 0.1% |
132,000
+102,300
| +344% | +$1.94M |
2015 Q4
4 quarters
|
|
247
Entergy
ETR
$53.3B
| $2.36M | 0.1% |
+64,306
| New | +$2.31M |
2016 Q4
0 quarters
|
|
248
State Street Utilities Select Sector SPDR ETF
XLU
$24.3B
| $2.36M | 0.1% |
97,234
-282,240
| -74% | -$6.74M |
2016 Q1
3 quarters
|
|
249
DELISTED
Sprint Corporation
S
| $2.36M | 0.1% |
279,900
-319,200
| -53% | -$2.36M |
2016 Q2
2 quarters
|
|
250
GameStop
GME
$13.2B
| $2.35M | 0.1% |
+372,268
| New | +$2.3M |
2016 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.