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 MSCI Taiwan ETF
EWT
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
326
Booz Allen Hamilton
BAH
$10.2B
| $3.8M | 0.07% |
116,648
+95,537
| +453% | +$3.44M |
2016 Q4
2 quarters
|
|
327
Cirrus Logic
CRUS
$5.66B
| $3.77M | 0.07% |
60,106
-50,447
| -46% | -$3.26M |
2016 Q3
3 quarters
|
|
328
DELISTED
ODP
ODP
| $3.76M | 0.07% |
66,588
+19,598
| +42% | +$1.01M |
2016 Q3
3 quarters
|
|
329
ManpowerGroup
MAN
$2.07B
| $3.75M | 0.07% |
33,553
-8,988
| -21% | -$928K |
2015 Q3
7 quarters
|
|
|
SYNH
330
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $3.74M | 0.07% |
63,977
+54,357
| +565% | +$2.82M |
2016 Q3
3 quarters
|
|
|
ICPT
331
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $3.74M | 0.07% |
30,865
+24,265
| +368% | +$2.81M |
2016 Q3
3 quarters
|
|
|
AVP
332
DELISTED
Avon Products, Inc.
AVP
| $3.73M | 0.07% |
+981,729
| New | +$3.84M |
2017 Q2
0 quarters
|
|
333
DELISTED
Dun & Bradstreet
DNB
| $3.73M | 0.07% |
34,464
-5,116
| -13% | -$548K |
2016 Q1
5 quarters
|
|
334
Bright Horizons
BFAM
$2.57B
| $3.72M | 0.07% |
+48,137
| New | +$3.66M |
2017 Q2
0 quarters
|
|
335
Robert Half
RHI
$4.28B
| $3.68M | 0.07% |
+76,885
| New | +$3.59M |
2017 Q2
0 quarters
|
|
336
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $3.66M | 0.07% |
46,425
+19,139
| +70% | +$1.57M |
2017 Q1
1 quarter
|
|
337
Lumen Technologies, Inc. Common Stock
LUMN
$4.11B
| $3.65M | 0.07% |
+152,697
| New | +$3.84M |
2017 Q2
0 quarters
|
|
338
Old Republic International
ORI
$9.5B
| $3.64M | 0.07% |
186,397
+108,733
| +140% | +$2.17M |
2017 Q1
1 quarter
|
|
339
DELISTED
Liberty Broadband Class C
LBRDK
| $3.64M | 0.07% |
41,934
+37,334
| +812% | +$3.26M |
2016 Q4
2 quarters
|
|
340
Allison Transmission
ALSN
$9.6B
| $3.62M | 0.07% |
96,552
+74,356
| +335% | +$2.77M |
2016 Q4
2 quarters
|
|
341
CenterPoint Energy
CNP
$27B
| $3.59M | 0.07% |
131,270
-7,648
| -6% | -$215K |
2016 Q4
2 quarters
|
|
342
Hartford Financial Services
HIG
$35.8B
| $3.59M | 0.07% |
68,335
-242,977
| -78% | -$12M |
2015 Q4
6 quarters
|
|
343
UGI
UGI
$7.94B
| $3.56M | 0.07% |
73,460
+22,786
| +45% | +$1.13M |
2015 Q4
6 quarters
|
|
344
Cognex
CGNX
$8.05B
| $3.54M | 0.07% |
83,266
+73,892
| +788% | +$3.28M |
2017 Q1
1 quarter
|
|
345
Teradata
TDC
$2.96B
| $3.53M | 0.07% |
119,619
-36,247
| -23% | -$1.06M |
2017 Q1
1 quarter
|
|
346
Fifth Third Bancorp
FITB
$47.9B
| $3.51M | 0.07% |
+135,200
| New | +$3.34M |
2017 Q2
0 quarters
|
|
347
Freeport-McMoran
FCX
$85.3B
| $3.5M | 0.07% |
291,120
+103,922
| +56% | +$1.26M |
2017 Q1
1 quarter
|
|
348
Idexx Laboratories
IDXX
$53.3B
| $3.49M | 0.07% |
21,605
+13,949
| +182% | +$2.27M |
2017 Q1
1 quarter
|
|
349
iShares MSCI Malaysia ETF
EWM
$231M
| $3.46M | 0.07% |
109,273
-9,882
| -8% | -$314K |
2016 Q3
3 quarters
|
|
|
DATA
350
DELISTED
Tableau Software, Inc.
DATA
| $3.45M | 0.07% |
56,300
+49,300
| +704% | +$2.89M |
2016 Q3
3 quarters
|
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.