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 | |
|---|---|---|---|---|---|---|---|
|
TSS
301
DELISTED
Total System Services, Inc.
TSS
| $1.2M | 0.08% |
+22,670
| New | +$1.18M |
2016 Q2
0 quarters
|
|
302
Cabot Corp
CBT
$3.84B
| $1.2M | 0.08% |
26,310
+12,586
| +92% | +$586K |
2015 Q4
2 quarters
|
|
|
CSC
303
DELISTED
Computer Sciences
CSC
| $1.2M | 0.07% |
24,071
-4,609
| -16% | -$186K |
2015 Q1
5 quarters
|
|
304
NVR
NVR
$15.9B
| $1.19M | 0.07% |
667
+519
| +351% | +$887K |
2015 Q4
2 quarters
|
|
305
CACI
CACI
$14.9B
| $1.18M | 0.07% |
13,111
+7,852
| +149% | +$780K |
2015 Q4
2 quarters
|
|
306
American Homes 4 Rent
AMH
$11.4B
| $1.17M | 0.07% |
+57,270
| New | +$991K |
2016 Q2
0 quarters
|
|
|
307
Crown Castle
CCI
$37.7B
| $1.17M | 0.07% |
11,555
-87,154
| -88% | -$7.91M |
2015 Q3
3 quarters
|
|
308
DELISTED
VCA Inc.
WOOF
| $1.17M | 0.07% |
17,265
-20,996
| -55% | -$1.33M |
2015 Q4
2 quarters
|
|
309
Chord Energy
CHRD
$8.59B
| $1.16M | 0.07% |
123,679
+71,079
| +135% | +$673K |
2015 Q4
2 quarters
|
|
310
DuPont de Nemours
DD
$18.9B
| $1.16M | 0.07% |
9,179
-10,473
| -53% | -$1.38M |
2015 Q4
2 quarters
|
|
311
Lumen Technologies, Inc. Common Stock
LUMN
$5.03B
| $1.15M | 0.07% |
+39,765
| New | +$1.16M |
2016 Q2
0 quarters
|
|
|
AKS
312
DELISTED
AK Steel Holding Corp
AKS
| $1.15M | 0.07% |
246,867
+104,820
| +74% | +$460K |
2015 Q4
2 quarters
|
|
313
Travel + Leisure Co
TNL
$4.32B
| $1.14M | 0.07% |
35,591
-15,491
| -30% | -$496K |
2015 Q1
5 quarters
|
|
314
Thermo Fisher Scientific
TMO
$258B
| $1.14M | 0.07% |
7,729
-1,109
| -13% | -$164K |
2016 Q1
1 quarter
|
|
315
Take-Two Interactive
TTWO
$35.6B
| $1.14M | 0.07% |
30,101
+1,165
| +4% | +$42.9K |
2015 Q4
2 quarters
|
|
316
Prestige Consumer Healthcare
PBH
$2.32B
| $1.14M | 0.07% |
20,493
-6,469
| -24% | -$356K |
2015 Q4
2 quarters
|
|
|
COL
317
DELISTED
Rockwell Collins
COL
| $1.13M | 0.07% |
+13,296
| New | +$1.19M |
2016 Q2
0 quarters
|
|
318
Ingredion
INGR
$6.12B
| $1.13M | 0.07% |
8,710
-10,657
| -55% | -$1.24M |
2015 Q4
2 quarters
|
|
319
Dentsply Sirona
XRAY
$1.9B
| $1.12M | 0.07% |
18,083
-17,392
| -49% | -$1.07M |
2015 Q4
2 quarters
|
|
320
Casey's General Stores
CASY
$25.1B
| $1.12M | 0.07% |
8,487
-4,848
| -36% | -$563K |
2016 Q1
1 quarter
|
|
321
Canadian Pacific Kansas City
CP
$78B
| $1.11M | 0.07% |
43,000
+19,500
| +83% | +$526K |
2016 Q1
1 quarter
|
|
|
DNR
322
DELISTED
Denbury Resources, Inc.
DNR
| $1.11M | 0.07% |
308,603
-240,434
| -44% | -$904K |
2015 Q2
4 quarters
|
|
|
FMER
323
DELISTED
FIRSTMERIT CORP
FMER
| $1.11M | 0.07% |
+54,649
| New | +$1.19M |
2016 Q2
0 quarters
|
|
324
Expeditors International
EXPD
$25.8B
| $1.1M | 0.07% |
22,487
-24,081
| -52% | -$1.17M |
2015 Q3
3 quarters
|
|
325
LKQ Corp
LKQ
$4.68B
| $1.08M | 0.07% |
34,237
-65,156
| -66% | -$2.12M |
2015 Q4
2 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.