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 | |
|---|---|---|---|---|---|---|---|
326
Timken Company
TKR
$7.69B
| $1.08M | 0.07% |
35,277
+22,130
| +168% | +$742K |
2015 Q2
4 quarters
|
|
327
Zurn Elkay Water Solutions
ZWS
$7.4B
| $1.07M | 0.07% |
+113,296
| New | +$1.14M |
2016 Q2
0 quarters
|
|
328
Elevance Health
ELV
$91.1B
| $1.07M | 0.07% |
8,141
-6,328
| -44% | -$866K |
2015 Q2
4 quarters
|
|
329
T-Mobile US
TMUS
$166B
| $1.06M | 0.07% |
+24,500
| New | +$1M |
2016 Q2
0 quarters
|
|
|
FNFG
330
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $1.05M | 0.07% |
108,194
+28,899
| +36% | +$297K |
2016 Q1
1 quarter
|
|
331
Urban Outfitters
URBN
$7.77B
| $1.05M | 0.07% |
38,192
+24,772
| +185% | +$712K |
2016 Q1
1 quarter
|
|
332
Alaska Air
ALK
$3.99B
| $1.04M | 0.07% |
17,929
+12,901
| +257% | +$891K |
2015 Q4
2 quarters
|
|
333
Allison Transmission
ALSN
$8.92B
| $1.04M | 0.07% |
+36,997
| New | +$1.03M |
2016 Q2
0 quarters
|
|
334
DELISTED
Interpublic Group of Companies
IPG
| $1.04M | 0.06% |
44,956
-58,409
| -57% | -$1.37M |
2016 Q1
1 quarter
|
|
335
Stellantis
STLA
$13.5B
| $1.04M | 0.06% |
+170,178
| New | +$1.23M |
2016 Q2
0 quarters
|
|
336
Flowers Foods
FLO
$1.33B
| $1.03M | 0.06% |
55,040
-9,669
| -15% | -$180K |
2015 Q4
2 quarters
|
|
|
RSX
337
DELISTED
VanEck Russia ETF
RSX
| $1.02M | 0.06% |
58,700
+43,400
| +284% | +$741K |
2016 Q1
1 quarter
|
|
338
World Kinect Corp
WKC
$1.91B
| $1.02M | 0.06% |
21,480
+11,765
| +121% | +$548K |
2015 Q4
2 quarters
|
|
339
Carter's
CRI
$1.16B
| $1.02M | 0.06% |
9,566
-12,420
| -56% | -$1.28M |
2015 Q3
3 quarters
|
|
340
Molina Healthcare
MOH
$10.6B
| $1.02M | 0.06% |
20,385
+4,314
| +27% | +$231K |
2015 Q4
2 quarters
|
|
|
SBNY
341
DELISTED
Signature Bank
SBNY
| $1.02M | 0.06% |
8,143
-1,669
| -17% | -$223K |
2015 Q4
2 quarters
|
|
|
IM
342
DELISTED
Ingram Micro
IM
| $1.01M | 0.06% |
29,151
-87,416
| -75% | -$3.05M |
2015 Q4
2 quarters
|
|
343
Voya Financial
VOYA
$8.88B
| $1.01M | 0.06% |
+40,892
| New | +$1.25M |
2016 Q2
0 quarters
|
|
344
DELISTED
SunTrust Banks, Inc.
STI
| $1.01M | 0.06% |
24,533
-25,434
| -51% | -$1.04M |
2016 Q1
1 quarter
|
|
345
Quanta Services
PWR
$93.5B
| $995K | 0.06% |
43,023
-24,954
| -37% | -$577K |
2015 Q4
2 quarters
|
|
346
Thor Industries
THO
$3.81B
| $995K | 0.06% |
15,368
-2,223
| -13% | -$142K |
2015 Q4
2 quarters
|
|
|
PPS
347
DELISTED
Post Properties
PPS
| $995K | 0.06% |
16,290
+6,930
| +74% | +$410K |
2016 Q1
1 quarter
|
|
348
Duke Energy
DUK
$99.3B
| $993K | 0.06% |
11,575
+5,749
| +99% | +$459K |
2015 Q4
2 quarters
|
|
349
Phillips 66
PSX
$110B
| $993K | 0.06% |
12,514
-18,755
| -60% | -$1.53M |
2015 Q4
2 quarters
|
|
350
MGM Resorts International
MGM
$7.58B
| $992K | 0.06% |
+43,833
| New | +$996K |
2016 Q2
0 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.