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 | |
|---|---|---|---|---|---|---|---|
301
Children's Place
PLCE
$6.34M
| $4.41M | 0.08% |
+37,350
| New | +$4.02M |
2017 Q3
0 quarters
|
|
302
Cincinnati Financial
CINF
$29.1B
| $4.41M | 0.08% |
57,559
+41,944
| +269% | +$3.19M |
2017 Q2
1 quarter
|
|
303
Transocean
RIG
$6.19B
| $4.4M | 0.08% |
408,911
-809,023
| -66% | -$6.97M |
2015 Q4
7 quarters
|
|
304
Cousins Properties
CUZ
$4.88B
| $4.39M | 0.08% |
+117,517
| New | +$4.29M |
2017 Q3
0 quarters
|
|
305
Lincoln Electric
LECO
$15.3B
| $4.38M | 0.08% |
47,831
+43,529
| +1,012% | +$3.89M |
2017 Q1
2 quarters
|
|
|
CLR
306
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $4.33M | 0.08% |
112,216
-50,529
| -31% | -$1.72M |
2016 Q4
3 quarters
|
|
307
Synaptics
SYNA
$4.69B
| $4.32M | 0.08% |
110,206
+96,568
| +708% | +$4.36M |
2016 Q3
4 quarters
|
|
308
Blackrock
BLK
$189B
| $4.28M | 0.08% |
9,570
-6,727
| -41% | -$2.87M |
2017 Q2
1 quarter
|
|
|
KSU
309
DELISTED
Kansas City Southern
KSU
| $4.27M | 0.08% |
+39,263
| New | +$4.12M |
2017 Q3
0 quarters
|
|
|
DATA
310
DELISTED
Tableau Software, Inc.
DATA
| $4.27M | 0.08% |
56,983
+683
| +1% | +$47.4K |
2016 Q3
4 quarters
|
|
311
MDU Resources
MDU
$4.18B
| $4.22M | 0.08% |
427,243
+223,498
| +110% | +$2.23M |
2017 Q2
1 quarter
|
|
312
KB Home
KBH
$2.91B
| $4.21M | 0.08% |
174,671
+70,449
| +68% | +$1.59M |
2017 Q2
1 quarter
|
|
313
Box
BOX
$5.99B
| $4.17M | 0.08% |
+216,066
| New | +$4.06M |
2017 Q3
0 quarters
|
|
314
M&T Bank
MTB
$31.7B
| $4.15M | 0.08% |
25,771
+21,071
| +448% | +$3.31M |
2017 Q1
2 quarters
|
|
315
Match Group
MTCH
$9.47B
| $4.12M | 0.08% |
177,841
+32,252
| +22% | +$650K |
2017 Q2
1 quarter
|
|
|
FDC
316
DELISTED
First Data Corporation
FDC
| $4.11M | 0.08% |
228,051
+69,564
| +44% | +$1.27M |
2016 Q4
3 quarters
|
|
317
Ingredion
INGR
$5.86B
| $4.1M | 0.08% |
34,024
-24,594
| -42% | -$3M |
2017 Q2
1 quarter
|
|
318
Healthcare Realty
HR
$6.54B
| $4.1M | 0.08% |
137,696
+63,182
| +85% | +$1.92M |
2017 Q2
1 quarter
|
|
319
Douglas Emmett
DEI
$1.66B
| $4.1M | 0.08% |
103,906
+18,670
| +22% | +$715K |
2017 Q2
1 quarter
|
|
|
WFT
320
DELISTED
Weatherford International plc
WFT
| $4.08M | 0.08% |
+890,640
| New | +$3.68M |
2017 Q3
0 quarters
|
|
321
Copa Holdings
CPA
$5.75B
| $4.06M | 0.08% |
32,563
-934
| -3% | -$118K |
2016 Q3
4 quarters
|
|
322
Consolidated Edison
ED
$44.9B
| $4.04M | 0.08% |
50,140
+9,662
| +24% | +$800K |
2016 Q1
6 quarters
|
|
323
DELISTED
Nordstrom
JWN
| $4.03M | 0.08% |
+85,464
| New | +$3.97M |
2017 Q3
0 quarters
|
|
324
Universal Display
OLED
$4.02B
| $3.99M | 0.08% |
30,949
-61,814
| -67% | -$7.48M |
2016 Q4
3 quarters
|
|
325
Oshkosh
OSK
$8.64B
| $3.99M | 0.08% |
48,286
+25,822
| +115% | +$1.9M |
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.