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 | |
|---|---|---|---|---|---|---|---|
276
Mohawk Industries
MHK
$8.57B
| $1.36M | 0.11% |
7,133
+370
| +5% | +$64.4K |
2015 Q3
2 quarters
|
|
|
CDK
277
DELISTED
CDK Global, Inc.
CDK
| $1.35M | 0.11% |
+29,089
| New | +$1.3M |
2016 Q1
0 quarters
|
|
|
PDCE
278
DELISTED
PDC Energy, Inc.
PDCE
| $1.35M | 0.1% |
22,700
+18,600
| +454% | +$971K |
2015 Q4
1 quarter
|
|
279
State Street Energy Select Sector SPDR ETF
XLE
$42.6B
| $1.35M | 0.1% |
+43,594
| New | +$1.26M |
2016 Q1
0 quarters
|
|
280
Align Technology
ALGN
$11.9B
| $1.34M | 0.1% |
+18,407
| New | +$1.21M |
2016 Q1
0 quarters
|
|
|
JCP
281
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.34M | 0.1% |
+120,763
| New | +$1.06M |
2016 Q1
0 quarters
|
|
|
SBNY
282
DELISTED
Signature Bank
SBNY
| $1.34M | 0.1% |
9,812
+8,437
| +614% | +$1.15M |
2015 Q4
1 quarter
|
|
283
PG&E
PCG
$29.2B
| $1.33M | 0.1% |
22,277
-8,894
| -29% | -$496K |
2015 Q4
1 quarter
|
|
284
Vornado Realty Trust
VNO
$6.49B
| $1.33M | 0.1% |
+17,377
| New | +$1.26M |
2016 Q1
0 quarters
|
|
|
CERN
285
DELISTED
Cerner Corp
CERN
| $1.33M | 0.1% |
+25,055
| New | +$1.36M |
2016 Q1
0 quarters
|
|
286
Lam Research
LRCX
$283B
| $1.33M | 0.1% |
160,520
+42,400
| +36% | +$308K |
2015 Q4
1 quarter
|
|
287
Alphabet (Google) Class A
GOOGL
$3.64T
| $1.32M | 0.1% |
+34,720
| New | +$1.28M |
2016 Q1
0 quarters
|
|
288
Nordson
NDSN
$18.1B
| $1.32M | 0.1% |
17,371
+11,919
| +219% | +$786K |
2015 Q4
1 quarter
|
|
289
The Mosaic Company
MOS
$6.97B
| $1.32M | 0.1% |
48,851
+3,106
| +7% | +$81.1K |
2015 Q4
1 quarter
|
|
290
Edgewell Personal Care
EPC
$1.26B
| $1.32M | 0.1% |
16,364
+12,541
| +328% | +$961K |
2015 Q4
1 quarter
|
|
|
DISCK
291
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.31M | 0.1% |
48,653
+13,290
| +38% | +$345K |
2015 Q4
1 quarter
|
|
292
Fossil Group
FOSL
$499M
| $1.3M | 0.1% |
29,273
+6,219
| +27% | +$245K |
2015 Q3
2 quarters
|
|
|
ITC
293
DELISTED
ITC HOLDINGS CORP
ITC
| $1.3M | 0.1% |
29,800
+14,200
| +91% | +$577K |
2015 Q4
1 quarter
|
|
294
PVH
PVH
$4.31B
| $1.28M | 0.1% |
12,935
+2,008
| +18% | +$158K |
2015 Q3
2 quarters
|
|
295
Sally Beauty Holdings
SBH
$1.72B
| $1.28M | 0.1% |
+39,500
| New | +$1.17M |
2016 Q1
0 quarters
|
|
|
OA
296
DELISTED
Orbital ATK, Inc.
OA
| $1.28M | 0.1% |
+14,681
| New | +$1.25M |
2016 Q1
0 quarters
|
|
|
ESRX
297
DELISTED
Express Scripts Holding Company
ESRX
| $1.28M | 0.1% |
+18,563
| New | +$1.33M |
2016 Q1
0 quarters
|
|
298
Perrigo
PRGO
$2.25B
| $1.27M | 0.1% |
9,959
-16,044
| -62% | -$2.19M |
2015 Q3
2 quarters
|
|
299
Universal Health Services
UHS
$11.2B
| $1.27M | 0.1% |
10,210
-1,271
| -11% | -$143K |
2015 Q3
2 quarters
|
|
300
iShares Russell 1000 Growth ETF
IWF
$118B
| $1.27M | 0.1% |
+50,996
| New | +$1.2M |
2016 Q1
0 quarters
|
|
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.