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 MSCI Taiwan ETF
EWT
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
276
Alliant Energy
LNT
$18.8B
| $4.46M | 0.09% |
111,150
+93,389
| +526% | +$3.78M |
2017 Q1
1 quarter
|
|
|
GXP
277
DELISTED
Great Plains Energy Incorporated
GXP
| $4.46M | 0.09% |
152,466
-32,577
| -18% | -$948K |
2016 Q1
5 quarters
|
|
278
Arch Capital
ACGL
$34.9B
| $4.45M | 0.09% |
+143,196
| New | +$4.54M |
2017 Q2
0 quarters
|
|
279
State Street
STT
$45B
| $4.44M | 0.09% |
+49,436
| New | +$4.11M |
2017 Q2
0 quarters
|
|
280
General Dynamics
GD
$95.7B
| $4.4M | 0.09% |
22,224
+4,992
| +29% | +$978K |
2016 Q4
2 quarters
|
|
|
TFCF
281
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $4.34M | 0.09% |
+155,904
| New | +$4.42M |
2017 Q2
0 quarters
|
|
|
LVNTA
282
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $4.32M | 0.09% |
+82,641
| New | +$4.32M |
2017 Q2
0 quarters
|
|
283
Halliburton
HAL
$26.3B
| $4.3M | 0.08% |
100,626
+51,024
| +103% | +$2.34M |
2015 Q4
6 quarters
|
|
284
MSC Industrial Direct
MSM
$6.33B
| $4.3M | 0.08% |
+49,976
| New | +$4.4M |
2017 Q2
0 quarters
|
|
285
Wayfair
W
$15.3B
| $4.28M | 0.08% |
55,621
+39,128
| +237% | +$2.32M |
2016 Q4
2 quarters
|
|
|
PRXL
286
DELISTED
Parexel International Corp
PRXL
| $4.27M | 0.08% |
49,100
+40,905
| +499% | +$3.05M |
2016 Q4
2 quarters
|
|
287
Globe Life
GL
$11.9B
| $4.26M | 0.08% |
+55,624
| New | +$4.23M |
2017 Q2
0 quarters
|
|
288
Cintas
CTAS
$88.3B
| $4.25M | 0.08% |
134,948
+87,832
| +186% | +$2.73M |
2016 Q4
2 quarters
|
|
289
DELISTED
Noble Corporation
NE
| $4.25M | 0.08% |
1,173,816
+417,440
| +55% | +$1.92M |
2015 Q4
6 quarters
|
|
290
Zoetis
ZTS
$32.3B
| $4.25M | 0.08% |
68,105
+17,375
| +34% | +$1.03M |
2017 Q1
1 quarter
|
|
291
Chipotle Mexican Grill
CMG
$43.6B
| $4.24M | 0.08% |
+510,000
| New | +$4.73M |
2017 Q2
0 quarters
|
|
292
Lincoln National
LNC
$7.63B
| $4.24M | 0.08% |
62,687
-44,997
| -42% | -$2.98M |
2016 Q2
4 quarters
|
|
293
Howmet Aerospace
HWM
$81.8B
| $4.21M | 0.08% |
+242,416
| New | +$4.94M |
2017 Q2
0 quarters
|
|
294
Netflix
NFLX
$260B
| $4.2M | 0.08% |
281,000
-526,280
| -65% | -$8.1M |
2017 Q1
1 quarter
|
|
295
DELISTED
Coresite Realty Corporation
COR
| $4.19M | 0.08% |
+40,466
| New | +$4.06M |
2017 Q2
0 quarters
|
|
|
CTXS
296
DELISTED
Citrix Systems Inc
CTXS
| $4.18M | 0.08% |
52,591
-49,753
| -49% | -$4.12M |
2016 Q1
5 quarters
|
|
297
Sempra
SRE
$51.1B
| $4.18M | 0.08% |
74,056
+65,720
| +788% | +$3.72M |
2016 Q4
2 quarters
|
|
|
RDC
298
DELISTED
Rowan Companies Plc
RDC
| $4.16M | 0.08% |
406,321
+118,751
| +41% | +$1.56M |
2016 Q1
5 quarters
|
|
299
DELISTED
Praxair Inc
PX
| $4.12M | 0.08% |
31,066
+19,552
| +170% | +$2.51M |
2016 Q4
2 quarters
|
|
300
Omnicom Group
OMC
$23.7B
| $4.11M | 0.08% |
49,600
+46,217
| +1,366% | +$3.85M |
2017 Q1
1 quarter
|
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.