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 | |
|---|---|---|---|---|---|---|---|
326
Nucor
NUE
$56.6B
| $1.19M | 0.09% |
25,078
-16,828
| -40% | -$685K |
2015 Q3
2 quarters
|
|
327
Lincoln Electric
LECO
$15.3B
| $1.18M | 0.09% |
20,239
+7,090
| +54% | +$386K |
2015 Q4
1 quarter
|
|
328
Uniti Group
UNIT
$1.18B
| $1.18M | 0.09% |
53,053
+41,018
| +341% | +$793K |
2015 Q4
1 quarter
|
|
329
AMC Global Media
AMCX
$391M
| $1.18M | 0.09% |
+18,087
| New | +$1.24M |
2016 Q1
0 quarters
|
|
|
AMSG
330
DELISTED
Amsurg Corp
AMSG
| $1.18M | 0.09% |
15,755
-2,017
| -11% | -$142K |
2015 Q4
1 quarter
|
|
331
Saic
SAIC
$6.29B
| $1.17M | 0.09% |
21,864
+9,325
| +74% | +$415K |
2015 Q4
1 quarter
|
|
|
TFCF
332
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $1.16M | 0.09% |
40,986
-67,944
| -62% | -$1.83M |
2015 Q4
1 quarter
|
|
333
Atmos Energy
ATO
$29.8B
| $1.15M | 0.09% |
+15,513
| New | +$1.06M |
2016 Q1
0 quarters
|
|
334
Eastman Chemical
EMN
$7.43B
| $1.15M | 0.09% |
15,939
+1,388
| +10% | +$90.9K |
2015 Q3
2 quarters
|
|
|
CPHD
335
DELISTED
Cepheid Inc
CPHD
| $1.15M | 0.09% |
+34,400
| New | +$1.08M |
2016 Q1
0 quarters
|
|
336
Gen Digital
GEN
$18B
| $1.14M | 0.09% |
+62,171
| New | +$1.2M |
2016 Q1
0 quarters
|
|
337
Equifax
EFX
$22B
| $1.14M | 0.09% |
+9,940
| New | +$1.05M |
2016 Q1
0 quarters
|
|
338
PBF Energy
PBF
$8.45B
| $1.14M | 0.09% |
34,200
+3,200
| +10% | +$102K |
2015 Q3
2 quarters
|
|
339
Jefferies Financial Group
JEF
$10.5B
| $1.12M | 0.09% |
77,675
+64,869
| +507% | +$913K |
2015 Q4
1 quarter
|
|
340
Leidos
LDOS
$15.9B
| $1.12M | 0.09% |
22,307
+15,621
| +234% | +$745K |
2015 Q4
1 quarter
|
|
341
Thor Industries
THO
$3.99B
| $1.12M | 0.09% |
17,591
+4,806
| +38% | +$263K |
2015 Q4
1 quarter
|
|
|
TCO
342
DELISTED
Taubman Centers Inc.
TCO
| $1.12M | 0.09% |
+15,688
| New | +$1.11M |
2016 Q1
0 quarters
|
|
343
DELISTED
Synovus
SNV
| $1.12M | 0.09% |
38,577
+29,380
| +319% | +$842K |
2015 Q4
1 quarter
|
|
344
TechnipFMC
FTI
$25.8B
| $1.11M | 0.09% |
54,740
+14,408
| +36% | +$272K |
2015 Q4
1 quarter
|
|
345
Altria Group
MO
$131B
| $1.11M | 0.09% |
+17,673
| New | +$1.07M |
2016 Q1
0 quarters
|
|
|
HOT
346
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $1.11M | 0.09% |
13,256
-8,384
| -39% | -$572K |
2015 Q4
1 quarter
|
|
347
O'Reilly Automotive
ORLY
$73.9B
| $1.1M | 0.09% |
60,525
-72,465
| -54% | -$1.24M |
2015 Q4
1 quarter
|
|
|
MHFI
348
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $1.1M | 0.08% |
+11,064
| New | +$992K |
2016 Q1
0 quarters
|
|
349
Humana
HUM
$54B
| $1.09M | 0.08% |
+5,980
| New | +$1.04M |
2016 Q1
0 quarters
|
|
350
Take-Two Interactive
TTWO
$42.7B
| $1.09M | 0.08% |
28,936
+7,311
| +34% | +$253K |
2015 Q4
1 quarter
|
|
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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.