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 | |
|---|---|---|---|---|---|---|---|
326
State Street SPDR S&P Retail ETF
XRT
$642M
| $3.98M | 0.08% |
+95,392
| New | +$3.83M |
2017 Q3
0 quarters
|
|
|
CIT
327
DELISTED
CIT Group Inc.
CIT
| $3.98M | 0.08% |
81,151
+59,583
| +276% | +$2.8M |
2017 Q2
1 quarter
|
|
328
Pinnacle Financial Partners Inc
PNFP
$15.3B
| $3.96M | 0.08% |
59,196
-15,135
| -20% | -$954K |
2017 Q1
2 quarters
|
|
329
Incyte
INCY
$24.7B
| $3.94M | 0.08% |
33,751
+28,666
| +564% | +$3.63M |
2017 Q2
1 quarter
|
|
330
Ovintiv
OVV
$17.6B
| $3.94M | 0.08% |
+66,800
| New | +$3.26M |
2017 Q3
0 quarters
|
|
331
JOYY Inc
JOYY
$3.95B
| $3.93M | 0.08% |
+45,249
| New | +$3.29M |
2017 Q3
0 quarters
|
|
332
UGI
UGI
$8.09B
| $3.91M | 0.08% |
83,480
+10,020
| +14% | +$489K |
2015 Q4
7 quarters
|
|
|
WUBA
333
DELISTED
58.com Inc
WUBA
| $3.91M | 0.08% |
+61,938
| New | +$3.52M |
2017 Q3
0 quarters
|
|
334
Masco
MAS
$16.3B
| $3.89M | 0.07% |
99,732
-127,615
| -56% | -$4.81M |
2017 Q1
2 quarters
|
|
335
Textron
TXT
$14.2B
| $3.89M | 0.07% |
72,116
+22,778
| +46% | +$1.13M |
2017 Q1
2 quarters
|
|
336
APA Corp
APA
$16.3B
| $3.86M | 0.07% |
+84,317
| New | +$3.72M |
2017 Q3
0 quarters
|
|
337
CALL
iShares Global Comm Services ETF
IXP
$453M
| $3.86M | 0.07% |
37,900
+27,100
| +251% | +$1.62M |
2017 Q2
1 quarter
|
|
338
American Financial Group
AFG
$13.3B
| $3.85M | 0.07% |
37,257
+31,590
| +557% | +$3.21M |
2017 Q1
2 quarters
|
|
339
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$13.6B
| $3.84M | 0.07% |
+32,964
| New | +$3.81M |
2017 Q3
0 quarters
|
|
340
H.B. Fuller
FUL
$2.65B
| $3.83M | 0.07% |
66,038
+46,481
| +238% | +$2.43M |
2017 Q2
1 quarter
|
|
341
OGE Energy
OGE
$10.7B
| $3.83M | 0.07% |
106,415
+10,131
| +11% | +$361K |
2017 Q1
2 quarters
|
|
|
KITE
342
DELISTED
Kite Pharma, Inc.
KITE
| $3.83M | 0.07% |
21,317
+15,775
| +285% | +$2.2M |
2017 Q1
2 quarters
|
|
343
PPL Corp
PPL
$26.9B
| $3.81M | 0.07% |
100,356
+67,774
| +208% | +$2.62M |
2016 Q2
5 quarters
|
|
344
UnitedHealth
UNH
$365B
| $3.81M | 0.07% |
19,436
+4,664
| +32% | +$901K |
2016 Q4
3 quarters
|
|
|
WCG
345
DELISTED
Wellcare Health Plans, Inc.
WCG
| $3.78M | 0.07% |
22,025
-16,372
| -43% | -$2.87M |
2016 Q1
6 quarters
|
|
346
Annaly Capital Management
NLY
$13.9B
| $3.78M | 0.07% |
77,520
+31,337
| +68% | +$1.53M |
2016 Q3
4 quarters
|
|
347
DELISTED
Discover Financial Services
DFS
| $3.78M | 0.07% |
58,600
-357,146
| -86% | -$21.7M |
2017 Q1
2 quarters
|
|
348
iShares MSCI Malaysia ETF
EWM
$245M
| $3.74M | 0.07% |
115,311
+6,038
| +6% | +$194K |
2016 Q3
4 quarters
|
|
349
Community Health Systems
CYH
$316M
| $3.71M | 0.07% |
482,501
+412,294
| +587% | +$3.21M |
2016 Q4
3 quarters
|
|
350
SolarEdge
SEDG
$1.48B
| $3.7M | 0.07% |
+129,554
| New | +$3.27M |
2017 Q3
0 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.