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 | |
|---|---|---|---|---|---|---|---|
|
ILG
251
DELISTED
ILG, Inc Common Stock
ILG
| $1.52M | 0.09% |
95,586
+70,880
| +287% | +$1.01M |
2015 Q4
2 quarters
|
|
252
ConocoPhillips
COP
$185B
| $1.52M | 0.09% |
34,771
-21,114
| -38% | -$931K |
2015 Q4
2 quarters
|
|
|
SCTY
253
DELISTED
SolarCity Corporation
SCTY
| $1.52M | 0.09% |
63,300
+53,400
| +539% | +$1.32M |
2016 Q1
1 quarter
|
|
254
Arthur J. Gallagher & Co
AJG
$70.8B
| $1.51M | 0.09% |
31,801
+15,594
| +96% | +$723K |
2015 Q4
2 quarters
|
|
255
Ametek
AME
$55.3B
| $1.51M | 0.09% |
32,765
+7,574
| +30% | +$364K |
2015 Q4
2 quarters
|
|
|
ABMD
256
DELISTED
Abiomed Inc
ABMD
| $1.49M | 0.09% |
+13,673
| New | +$1.36M |
2016 Q2
0 quarters
|
|
257
Under Armour
UAA
$2.14B
| $1.48M | 0.09% |
36,866
+31,468
| +583% | +$1.26M |
2015 Q4
2 quarters
|
|
258
Bank of America
BAC
$346B
| $1.48M | 0.09% |
+111,180
| New | +$1.56M |
2016 Q2
0 quarters
|
|
259
Kinross Gold
KGC
$23.7B
| $1.46M | 0.09% |
298,960
+195,060
| +188% | +$931K |
2016 Q1
1 quarter
|
|
260
Tyler Technologies
TYL
$15.7B
| $1.45M | 0.09% |
8,699
+5,599
| +181% | +$827K |
2016 Q1
1 quarter
|
|
261
Matador Resources
MTDR
$7.53B
| $1.45M | 0.09% |
73,094
+21,094
| +41% | +$454K |
2016 Q1
1 quarter
|
|
262
Coeur Mining
CDE
$13.5B
| $1.44M | 0.09% |
+134,659
| New | +$1.06M |
2016 Q2
0 quarters
|
|
263
Target
TGT
$70.1B
| $1.43M | 0.09% |
20,462
+2,203
| +12% | +$164K |
2015 Q4
2 quarters
|
|
|
ESV
264
DELISTED
Ensco Rowan plc
ESV
| $1.42M | 0.09% |
36,455
-13,770
| -27% | -$572K |
2015 Q3
3 quarters
|
|
265
Invesco
IVZ
$12.2B
| $1.42M | 0.09% |
55,387
-21,213
| -28% | -$630K |
2015 Q2
4 quarters
|
|
|
RICE
266
DELISTED
Rice Energy Inc.
RICE
| $1.42M | 0.09% |
64,200
+43,200
| +206% | +$808K |
2015 Q4
2 quarters
|
|
267
Archer Daniels Midland
ADM
$37.1B
| $1.4M | 0.09% |
32,759
+5,811
| +22% | +$232K |
2015 Q1
5 quarters
|
|
268
Steel Dynamics
STLD
$35.7B
| $1.4M | 0.09% |
57,327
-52,274
| -48% | -$1.28M |
2015 Q4
2 quarters
|
|
269
DELISTED
Juniper Networks
JNPR
| $1.4M | 0.09% |
62,225
-30,996
| -33% | -$721K |
2015 Q3
3 quarters
|
|
270
Marriott International
MAR
$104B
| $1.4M | 0.09% |
20,990
-19,337
| -48% | -$1.3M |
2015 Q4
2 quarters
|
|
271
Ralph Lauren
RL
$23.4B
| $1.37M | 0.09% |
15,315
+4,415
| +41% | +$410K |
2015 Q3
3 quarters
|
|
272
Goodyear
GT
$1.24B
| $1.35M | 0.08% |
52,436
+38,809
| +285% | +$1.11M |
2015 Q4
2 quarters
|
|
273
People Inc
PPLI
$2.65B
| $1.34M | 0.08% |
133,534
+35,055
| +36% | +$325K |
2016 Q1
1 quarter
|
|
274
Eversource Energy
ES
$25.8B
| $1.34M | 0.08% |
+22,393
| New | +$1.27M |
2016 Q2
0 quarters
|
|
275
M&T Bank
MTB
$31.7B
| $1.34M | 0.08% |
+11,298
| New | +$1.31M |
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.