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 | |
|---|---|---|---|---|---|---|---|
301
DELISTED
Hologic
HOLX
| $1.84M | 0.08% |
45,827
+2,042
| +5% | +$78.8K |
2015 Q4
4 quarters
|
|
302
McCormick & Company Non-Voting
MKC
$12.7B
| $1.84M | 0.08% |
39,314
+10,298
| +35% | +$480K |
2016 Q1
3 quarters
|
|
303
Booking.com
BKNG
$119B
| $1.83M | 0.08% |
+31,275
| New | +$1.87M |
2016 Q4
0 quarters
|
|
304
JetBlue
JBLU
$1.42B
| $1.83M | 0.08% |
81,739
-128,790
| -61% | -$2.54M |
2015 Q4
4 quarters
|
|
305
Digital Realty Trust
DLR
$67.8B
| $1.83M | 0.07% |
+18,649
| New | +$1.73M |
2016 Q4
0 quarters
|
|
|
NUAN
306
DELISTED
Nuance Communications, Inc.
NUAN
| $1.83M | 0.07% |
141,834
+122,892
| +649% | +$1.58M |
2016 Q3
1 quarter
|
|
307
DELISTED
Vista Outdoor Inc.
VSTO
| $1.83M | 0.07% |
49,534
+39,438
| +391% | +$1.52M |
2015 Q4
4 quarters
|
|
|
SHPG
308
DELISTED
Shire pic
SHPG
| $1.83M | 0.07% |
10,715
+2,442
| +30% | +$433K |
2016 Q2
2 quarters
|
|
|
BBG
309
DELISTED
Bill Barrett Corp
BBG
| $1.82M | 0.07% |
260,014
+58,531
| +29% | +$374K |
2015 Q3
5 quarters
|
|
310
Jabil
JBL
$25.8B
| $1.8M | 0.07% |
76,260
+57,852
| +314% | +$1.26M |
2016 Q3
1 quarter
|
|
|
ETFC
311
DELISTED
E*Trade Financial Corporation
ETFC
| $1.8M | 0.07% |
+51,895
| New | +$1.66M |
2016 Q4
0 quarters
|
|
|
RICE
312
DELISTED
Rice Energy Inc.
RICE
| $1.79M | 0.07% |
83,744
+8,167
| +11% | +$195K |
2015 Q4
4 quarters
|
|
313
lululemon athletica
LULU
$12.2B
| $1.77M | 0.07% |
+27,187
| New | +$1.62M |
2016 Q4
0 quarters
|
|
314
DELISTED
Pioneer Natural Resource Co.
PXD
| $1.75M | 0.07% |
9,728
+4,641
| +91% | +$850K |
2015 Q4
4 quarters
|
|
315
Hilton Worldwide Holdings Inc. Common Stock
HLT
$83.3B
| $1.75M | 0.07% |
21,433
+18,280
| +580% | +$1.34M |
2016 Q3
1 quarter
|
|
316
DELISTED
Gulfport Energy Corp.
GPOR
| $1.74M | 0.07% |
+80,548
| New | +$2.07M |
2016 Q4
0 quarters
|
|
317
Thor Industries
THO
$4.07B
| $1.74M | 0.07% |
17,416
+8,712
| +100% | +$786K |
2015 Q4
4 quarters
|
|
318
United Parcel Service
UPS
$95.2B
| $1.74M | 0.07% |
+15,163
| New | +$1.71M |
2016 Q4
0 quarters
|
|
|
PF
319
DELISTED
Pinnacle Foods, Inc.
PF
| $1.72M | 0.07% |
32,197
+22,415
| +229% | +$1.14M |
2015 Q4
4 quarters
|
|
320
Lear
LEA
$5.26B
| $1.72M | 0.07% |
+12,989
| New | +$1.63M |
2016 Q4
0 quarters
|
|
|
ENH
321
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $1.72M | 0.07% |
18,608
+12,789
| +220% | +$1.17M |
2016 Q3
1 quarter
|
|
322
Under Armour Class C
UA
$2.04B
| $1.72M | 0.07% |
+68,205
| New | +$1.89M |
2016 Q4
0 quarters
|
|
323
Allison Transmission
ALSN
$10.3B
| $1.7M | 0.07% |
+50,517
| New | +$1.57M |
2016 Q4
0 quarters
|
|
324
Terex
TEX
$6.4B
| $1.7M | 0.07% |
53,939
+33,384
| +162% | +$926K |
2016 Q3
1 quarter
|
|
325
CMS Energy
CMS
$22.1B
| $1.7M | 0.07% |
40,816
+15,388
| +61% | +$629K |
2016 Q3
1 quarter
|
|
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.