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 | |
|---|---|---|---|---|---|---|---|
276
American Electric Power
AEP
$70.7B
| $2.1M | 0.09% |
33,411
-109,492
| -77% | -$6.75M |
2015 Q3
5 quarters
|
|
277
Capri Holdings
CPRI
$2.16B
| $2.09M | 0.09% |
48,655
+33,064
| +212% | +$1.57M |
2015 Q4
4 quarters
|
|
|
RDC
278
DELISTED
Rowan Companies Plc
RDC
| $2.09M | 0.09% |
110,698
+22,295
| +25% | +$364K |
2016 Q1
3 quarters
|
|
279
Hormel Foods
HRL
$12.3B
| $2.09M | 0.09% |
59,924
+22,451
| +60% | +$811K |
2016 Q2
2 quarters
|
|
|
USCR
280
DELISTED
U S Concrete, Inc.
USCR
| $2.06M | 0.08% |
+31,389
| New | +$1.75M |
2016 Q4
0 quarters
|
|
281
Fortuna Silver Mines
FSM
$2.7B
| $2.05M | 0.08% |
+362,745
| New | +$2.28M |
2016 Q4
0 quarters
|
|
282
iShares MSCI Malaysia ETF
EWM
$245M
| $2.05M | 0.08% |
72,953
+54,586
| +297% | +$1.66M |
2016 Q3
1 quarter
|
|
283
DELISTED
Noble Corporation
NE
| $2.05M | 0.08% |
345,576
+141,590
| +69% | +$834K |
2015 Q4
4 quarters
|
|
284
iShares MSCI Indonesia ETF
EIDO
$405M
| $2.04M | 0.08% |
84,360
+66,916
| +384% | +$1.66M |
2016 Q3
1 quarter
|
|
285
TTM Technologies
TTMI
$7.72B
| $2.03M | 0.08% |
148,846
+116,677
| +363% | +$1.52M |
2016 Q3
1 quarter
|
|
286
eBay
EBAY
$53.2B
| $2.02M | 0.08% |
68,154
+2,411
| +4% | +$71.2K |
2015 Q3
5 quarters
|
|
287
Chemours
CC
$1.97B
| $2.01M | 0.08% |
91,155
+64,833
| +246% | +$1.33M |
2016 Q3
1 quarter
|
|
288
Alcoa
AA
$10.5B
| $2M | 0.08% |
71,241
+4,952
| +7% | +$134K |
2016 Q3
1 quarter
|
|
|
RSPP
289
DELISTED
RSP Permian, Inc.
RSPP
| $2M | 0.08% |
44,782
+38,182
| +579% | +$1.58M |
2016 Q1
3 quarters
|
|
290
Avis
CAR
$4.34B
| $1.97M | 0.08% |
53,665
+26,095
| +95% | +$945K |
2016 Q3
1 quarter
|
|
|
TWTR
291
DELISTED
Twitter, Inc.
TWTR
| $1.97M | 0.08% |
+120,695
| New | +$2.21M |
2016 Q4
0 quarters
|
|
292
NovaGold Resources
NG
$2.46B
| $1.95M | 0.08% |
+427,653
| New | +$1.93M |
2016 Q4
0 quarters
|
|
|
XLNX
293
DELISTED
Xilinx Inc
XLNX
| $1.94M | 0.08% |
32,085
-41,521
| -56% | -$2.23M |
2015 Q4
4 quarters
|
|
|
PDCE
294
DELISTED
PDC Energy, Inc.
PDCE
| $1.89M | 0.08% |
+26,061
| New | +$1.79M |
2016 Q4
0 quarters
|
|
295
Mohawk Industries
MHK
$8.57B
| $1.89M | 0.08% |
9,472
-3,059
| -24% | -$601K |
2015 Q3
5 quarters
|
|
296
DELISTED
Coterra Energy
CTRA
| $1.89M | 0.08% |
80,729
+34,337
| +74% | +$772K |
2015 Q4
4 quarters
|
|
297
SiriusXM
SIRI
$10.8B
| $1.86M | 0.08% |
41,802
+15,202
| +57% | +$661K |
2015 Q4
4 quarters
|
|
298
iShares MSCI Thailand ETF
THD
$387M
| $1.86M | 0.08% |
25,744
+20,298
| +373% | +$1.45M |
2016 Q3
1 quarter
|
|
299
Paychex
PAYX
$41.5B
| $1.85M | 0.08% |
30,354
+14,193
| +88% | +$818K |
2016 Q3
1 quarter
|
|
300
MGIC Investment
MTG
$5.52B
| $1.84M | 0.08% |
+180,766
| New | +$1.63M |
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.