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 | |
|---|---|---|---|---|---|---|---|
251
iShares 20+ Year Treasury Bond ETF
TLT
$47.6B
| $1.48M | 0.11% |
+11,344
| New | +$1.45M |
2016 Q1
0 quarters
|
|
252
DELISTED
Coterra Energy
CTRA
| $1.48M | 0.11% |
65,228
+42,998
| +193% | +$862K |
2015 Q4
1 quarter
|
|
|
SPN
253
DELISTED
Superior Energy Services, Inc.
SPN
| $1.48M | 0.11% |
11,056
+119
| +1% | +$13K |
2015 Q4
1 quarter
|
|
|
RSPP
254
DELISTED
RSP Permian, Inc.
RSPP
| $1.47M | 0.11% |
+50,700
| New | +$1.19M |
2016 Q1
0 quarters
|
|
255
Western Alliance Bancorporation
WAL
$8.04B
| $1.47M | 0.11% |
+44,000
| New | +$1.38M |
2016 Q1
0 quarters
|
|
256
TE Connectivity
TEL
$62B
| $1.47M | 0.11% |
23,685
-22,150
| -48% | -$1.29M |
2015 Q4
1 quarter
|
|
257
DELISTED
Skechers
SKX
| $1.46M | 0.11% |
+47,848
| New | +$1.44M |
2016 Q1
0 quarters
|
|
258
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $1.45M | 0.11% |
21,601
+17,088
| +379% | +$1.1M |
2015 Q4
1 quarter
|
|
259
Prestige Consumer Healthcare
PBH
$2.19B
| $1.44M | 0.11% |
26,962
+22,143
| +459% | +$1.09M |
2015 Q4
1 quarter
|
|
260
United Natural Foods
UNFI
$2.92B
| $1.44M | 0.11% |
+35,741
| New | +$1.32M |
2016 Q1
0 quarters
|
|
261
State Street SPDR S&P Homebuilders ETF
XHB
$1.56B
| $1.44M | 0.11% |
+42,480
| New | +$1.32M |
2016 Q1
0 quarters
|
|
262
Regions Financial
RF
$24.5B
| $1.43M | 0.11% |
182,644
-4,717
| -3% | -$37.9K |
2015 Q3
2 quarters
|
|
|
YHOO
263
DELISTED
Yahoo Inc
YHOO
| $1.43M | 0.11% |
38,946
+2,359
| +6% | +$73.9K |
2015 Q3
2 quarters
|
|
264
BHP
BHP
$202B
| $1.43M | 0.11% |
+62,004
| New | +$1.31M |
2016 Q1
0 quarters
|
|
265
DELISTED
Valspar
VAL
| $1.43M | 0.11% |
13,353
+8,954
| +204% | +$739K |
2015 Q4
1 quarter
|
|
|
RDC
266
DELISTED
Rowan Companies Plc
RDC
| $1.43M | 0.11% |
+88,616
| New | +$1.23M |
2016 Q1
0 quarters
|
|
267
Hartford Financial Services
HIG
$36.8B
| $1.42M | 0.11% |
30,899
-21,136
| -41% | -$888K |
2015 Q4
1 quarter
|
|
268
Synaptics
SYNA
$4.69B
| $1.42M | 0.11% |
+17,844
| New | +$1.35M |
2016 Q1
0 quarters
|
|
|
JOY
269
DELISTED
Joy Global Inc
JOY
| $1.42M | 0.11% |
88,562
-157,659
| -64% | -$1.98M |
2015 Q2
3 quarters
|
|
270
Dave & Buster's
PLAY
$279M
| $1.42M | 0.11% |
+36,610
| New | +$1.34M |
2016 Q1
0 quarters
|
|
271
United Parcel Service
UPS
$95.7B
| $1.4M | 0.11% |
13,298
-6,606
| -33% | -$642K |
2015 Q4
1 quarter
|
|
272
American Express
AXP
$215B
| $1.4M | 0.11% |
22,725
-4,412
| -16% | -$257K |
2015 Q4
1 quarter
|
|
|
MON
273
DELISTED
Monsanto Co
MON
| $1.39M | 0.11% |
15,827
+9,193
| +139% | +$830K |
2015 Q1
4 quarters
|
|
|
DST
274
DELISTED
DST Systems Inc.
DST
| $1.38M | 0.11% |
+24,548
| New | +$1.31M |
2016 Q1
0 quarters
|
|
275
Northrop Grumman
NOC
$78.2B
| $1.38M | 0.11% |
6,993
-16,617
| -70% | -$3.14M |
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.