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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
RDC
276
DELISTED
Rowan Companies Plc
RDC
| $4.92M | 0.09% |
382,456
-23,865
| -6% | -$256K |
2016 Q1
6 quarters
|
|
277
Cracker Barrel
CBRL
$1.5B
| $4.88M | 0.09% |
32,215
+16,468
| +105% | +$2.52M |
2015 Q2
9 quarters
|
|
278
Kroger
KR
$41.8B
| $4.87M | 0.09% |
242,900
-207,864
| -46% | -$4.68M |
2017 Q2
1 quarter
|
|
279
Pfizer
PFE
$165B
| $4.82M | 0.09% |
+142,395
| New | +$4.58M |
2017 Q3
0 quarters
|
|
|
VWR
280
DELISTED
VWR Corporation
VWR
| $4.82M | 0.09% |
145,570
-77,333
| -35% | -$2.56M |
2016 Q4
3 quarters
|
|
281
Toro Company
TTC
$10B
| $4.82M | 0.09% |
77,623
+40,682
| +110% | +$2.73M |
2016 Q3
4 quarters
|
|
282
Church & Dwight Co
CHD
$26.7B
| $4.81M | 0.09% |
99,365
+49,741
| +100% | +$2.53M |
2016 Q2
5 quarters
|
|
283
Snap-on
SNA
$19B
| $4.8M | 0.09% |
32,203
+10,721
| +50% | +$1.61M |
2015 Q3
8 quarters
|
|
284
Regions Financial
RF
$24.5B
| $4.78M | 0.09% |
313,866
-189,559
| -38% | -$2.73M |
2017 Q2
1 quarter
|
|
285
TAL Education Group
TAL
$5.7B
| $4.78M | 0.09% |
+141,659
| New | +$3.99M |
2017 Q3
0 quarters
|
|
286
FNB Corp
FNB
$6.38B
| $4.71M | 0.09% |
335,595
-138,592
| -29% | -$1.85M |
2017 Q1
2 quarters
|
|
287
Labcorp
LH
$30.1B
| $4.67M | 0.09% |
36,013
+31,241
| +655% | +$4.17M |
2015 Q2
9 quarters
|
|
|
ESV
288
DELISTED
Ensco Rowan plc
ESV
| $4.66M | 0.09% |
195,066
-71,518
| -27% | -$1.43M |
2015 Q3
8 quarters
|
|
289
GoDaddy
GDDY
$13.8B
| $4.63M | 0.09% |
106,428
-75,001
| -41% | -$3.23M |
2016 Q4
3 quarters
|
|
|
TRCO
290
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $4.6M | 0.09% |
112,453
+107,082
| +1,994% | +$4.35M |
2017 Q1
2 quarters
|
|
291
VeriSign
VRSN
$28.1B
| $4.59M | 0.09% |
43,135
+36,088
| +512% | +$3.63M |
2017 Q2
1 quarter
|
|
292
Essex Property Trust
ESS
$17.6B
| $4.58M | 0.09% |
18,022
+8,799
| +95% | +$2.3M |
2017 Q1
2 quarters
|
|
293
DELISTED
Paramount Global Class B
PARA
| $4.57M | 0.09% |
78,764
+63,246
| +408% | +$4M |
2017 Q2
1 quarter
|
|
294
DELISTED
Regal Entertainment Group
RGC
| $4.57M | 0.09% |
285,494
-38,455
| -12% | -$663K |
2016 Q4
3 quarters
|
|
295
Clorox
CLX
$13.2B
| $4.56M | 0.09% |
34,607
+22,186
| +179% | +$2.98M |
2017 Q1
2 quarters
|
|
296
Under Armour
UAA
$2.11B
| $4.56M | 0.09% |
+276,567
| New | +$5.08M |
2017 Q3
0 quarters
|
|
297
DELISTED
SunTrust Banks, Inc.
STI
| $4.51M | 0.09% |
75,400
+51,049
| +210% | +$2.88M |
2016 Q4
3 quarters
|
|
298
Nasdaq
NDAQ
$60.2B
| $4.48M | 0.09% |
173,100
-98,604
| -36% | -$2.45M |
2015 Q4
7 quarters
|
|
299
DELISTED
Diamond Offshore Drilling
DO
| $4.48M | 0.09% |
+308,663
| New | +$3.72M |
2017 Q3
0 quarters
|
|
300
Lear
LEA
$5.24B
| $4.42M | 0.09% |
25,514
-9,931
| -28% | -$1.5M |
2016 Q4
3 quarters
|
|
Similar funds
Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.