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 | |
|---|---|---|---|---|---|---|---|
276
Northrop Grumman
NOC
$79.2B
| $1.33M | 0.08% |
5,977
-1,016
| -15% | -$214K |
2015 Q4
2 quarters
|
|
277
Unifirst Corp
UNF
$4.61B
| $1.33M | 0.08% |
+11,455
| New | +$1.28M |
2016 Q2
0 quarters
|
|
278
Wells Fargo
WFC
$250B
| $1.32M | 0.08% |
28,003
-80,337
| -74% | -$3.92M |
2015 Q3
3 quarters
|
|
279
DELISTED
Coresite Realty Corporation
COR
| $1.31M | 0.08% |
14,732
+5,543
| +60% | +$427K |
2015 Q4
2 quarters
|
|
|
HOT
280
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $1.31M | 0.08% |
17,679
+4,423
| +33% | +$340K |
2015 Q4
2 quarters
|
|
281
Charles River Laboratories
CRL
$17.2B
| $1.3M | 0.08% |
15,825
-13,323
| -46% | -$1.1M |
2015 Q4
2 quarters
|
|
282
Kohl's
KSS
$2.76B
| $1.3M | 0.08% |
34,363
+7,693
| +29% | +$306K |
2015 Q4
2 quarters
|
|
283
Digital Realty Trust
DLR
$67.7B
| $1.3M | 0.08% |
11,905
+9,605
| +418% | +$912K |
2015 Q3
3 quarters
|
|
|
STRZA
284
DELISTED
Starz - Series A
STRZA
| $1.3M | 0.08% |
43,300
-13,700
| -24% | -$365K |
2016 Q1
1 quarter
|
|
|
SAAS
285
DELISTED
inContact, Inc.
SAAS
| $1.29M | 0.08% |
+93,100
| New | +$1.07M |
2016 Q2
0 quarters
|
|
286
Brinker International
EAT
$8.81B
| $1.28M | 0.08% |
28,188
+16,621
| +144% | +$759K |
2016 Q1
1 quarter
|
|
|
LXFT
287
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.28M | 0.08% |
+24,565
| New | +$1.43M |
2016 Q2
0 quarters
|
|
288
Nucor
NUE
$62.1B
| $1.28M | 0.08% |
25,832
+754
| +3% | +$36.8K |
2015 Q3
3 quarters
|
|
|
AKRX
289
DELISTED
Akorn Inc
AKRX
| $1.26M | 0.08% |
44,331
+24,410
| +123% | +$677K |
2016 Q1
1 quarter
|
|
|
ARIA
290
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $1.26M | 0.08% |
170,700
+93,903
| +122% | +$705K |
2015 Q4
2 quarters
|
|
291
Constellation Brands
STZ
$22.9B
| $1.25M | 0.08% |
7,564
+718
| +10% | +$112K |
2015 Q2
4 quarters
|
|
292
DELISTED
Warner Bros
WBD
| $1.24M | 0.08% |
49,354
-12,180
| -20% | -$333K |
2015 Q3
3 quarters
|
|
293
Nabors Industries
NBR
$1.38B
| $1.24M | 0.08% |
2,465
+1,237
| +101% | +$585K |
2015 Q4
2 quarters
|
|
294
Polaris
PII
$3.38B
| $1.24M | 0.08% |
+15,122
| New | +$1.34M |
2016 Q2
0 quarters
|
|
295
Waters Corp
WAT
$45.5B
| $1.23M | 0.08% |
+8,728
| New | +$1.18M |
2016 Q2
0 quarters
|
|
296
American Electric Power
AEP
$70.9B
| $1.23M | 0.08% |
17,492
-21,666
| -55% | -$1.42M |
2015 Q3
3 quarters
|
|
297
Emerson Electric
EMR
$92B
| $1.22M | 0.08% |
23,347
+12,692
| +119% | +$674K |
2015 Q4
2 quarters
|
|
|
TWX
298
DELISTED
Time Warner Inc
TWX
| $1.22M | 0.08% |
16,556
-4,066
| -20% | -$301K |
2015 Q3
3 quarters
|
|
299
DELISTED
Hologic
HOLX
| $1.22M | 0.08% |
35,187
-10,892
| -24% | -$377K |
2015 Q4
2 quarters
|
|
300
IAMGOLD
IAG
$8.82B
| $1.2M | 0.08% |
+290,816
| New | +$991K |
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.