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 | |
|---|---|---|---|---|---|---|---|
301
iShares Core S&P 500 ETF
IVV
$875B
| $1.27M | 0.1% |
+6,150
| New | +$1.21M |
2016 Q1
0 quarters
|
|
302
McDonald's
MCD
$192B
| $1.27M | 0.1% |
10,100
+5,364
| +113% | +$641K |
2015 Q4
1 quarter
|
|
303
Ametek
AME
$55.5B
| $1.26M | 0.1% |
25,191
+18,113
| +256% | +$863K |
2015 Q4
1 quarter
|
|
304
Thermo Fisher Scientific
TMO
$259B
| $1.25M | 0.1% |
+8,838
| New | +$1.18M |
2016 Q1
0 quarters
|
|
|
CTXS
305
DELISTED
Citrix Systems Inc
CTXS
| $1.25M | 0.1% |
+19,968
| New | +$1.13M |
2016 Q1
0 quarters
|
|
306
Lowe's Companies
LOW
$128B
| $1.25M | 0.1% |
16,492
+3,121
| +23% | +$220K |
2015 Q4
1 quarter
|
|
307
Intel
INTC
$317B
| $1.24M | 0.1% |
38,444
+1,581
| +4% | +$48.5K |
2015 Q4
1 quarter
|
|
308
Kohl's
KSS
$2.72B
| $1.24M | 0.1% |
26,670
+12,978
| +95% | +$609K |
2015 Q4
1 quarter
|
|
309
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.17B
| $1.24M | 0.1% |
+10,233
| New | +$1.11M |
2016 Q1
0 quarters
|
|
|
LPNT
310
DELISTED
LifePoint Health, Inc.
LPNT
| $1.24M | 0.1% |
17,932
+5,818
| +48% | +$388K |
2015 Q4
1 quarter
|
|
311
DELISTED
Verifone Systems Inc
PAY
| $1.24M | 0.1% |
+43,831
| New | +$1.08M |
2016 Q1
0 quarters
|
|
312
Progressive
PGR
$137B
| $1.24M | 0.1% |
+35,209
| New | +$1.13M |
2016 Q1
0 quarters
|
|
313
Reliance Steel & Aluminium
RS
$21.8B
| $1.24M | 0.1% |
17,885
+6,072
| +51% | +$367K |
2015 Q4
1 quarter
|
|
314
Broadridge
BR
$21.8B
| $1.24M | 0.1% |
20,810
+7,560
| +57% | +$412K |
2015 Q4
1 quarter
|
|
|
DNR
315
DELISTED
Denbury Resources, Inc.
DNR
| $1.22M | 0.09% |
549,037
+141,030
| +35% | +$235K |
2015 Q2
3 quarters
|
|
316
NCR Voyix
VYX
$1.42B
| $1.22M | 0.09% |
66,230
-141,113
| -68% | -$2.02M |
2015 Q3
2 quarters
|
|
|
WFM
317
DELISTED
Whole Foods Market Inc
WFM
| $1.22M | 0.09% |
+39,083
| New | +$1.22M |
2016 Q1
0 quarters
|
|
318
Watsco Inc
WSO
$12.8B
| $1.21M | 0.09% |
9,001
+3,874
| +76% | +$470K |
2015 Q4
1 quarter
|
|
|
PF
319
DELISTED
Pinnacle Foods, Inc.
PF
| $1.21M | 0.09% |
27,100
+19,300
| +247% | +$832K |
2015 Q4
1 quarter
|
|
320
Old Republic International
ORI
$9.5B
| $1.21M | 0.09% |
+66,089
| New | +$1.19M |
2016 Q1
0 quarters
|
|
321
JetBlue
JBLU
$1.42B
| $1.21M | 0.09% |
57,119
-15,880
| -22% | -$334K |
2015 Q4
1 quarter
|
|
322
Energizer
ENR
$1.65B
| $1.2M | 0.09% |
+29,687
| New | +$1.09M |
2016 Q1
0 quarters
|
|
323
DELISTED
Vista Outdoor Inc.
VSTO
| $1.2M | 0.09% |
23,061
+14,620
| +173% | +$705K |
2015 Q4
1 quarter
|
|
324
Navient Holdings, Inc. Common Stock
NAVI
$584M
| $1.2M | 0.09% |
99,875
+63,168
| +172% | +$657K |
2015 Q4
1 quarter
|
|
325
Flowers Foods
FLO
$1.17B
| $1.2M | 0.09% |
64,709
+36,927
| +133% | +$700K |
2015 Q4
1 quarter
|
|
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.