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 | |
|---|---|---|---|---|---|---|---|
351
PTC
PTC
$21.3B
| $1.08M | 0.08% |
+32,629
| New | +$1.01M |
2016 Q1
0 quarters
|
|
352
SL Green Realty
SLG
$3.48B
| $1.08M | 0.08% |
11,538
+1,556
| +16% | +$142K |
2015 Q4
1 quarter
|
|
353
Teradyne
TER
$39B
| $1.08M | 0.08% |
50,033
+30,155
| +152% | +$590K |
2015 Q4
1 quarter
|
|
|
EQY
354
DELISTED
Equity One
EQY
| $1.07M | 0.08% |
+37,467
| New | +$1.03M |
2016 Q1
0 quarters
|
|
355
A.O. Smith
AOS
$8.63B
| $1.06M | 0.08% |
+27,892
| New | +$975K |
2016 Q1
0 quarters
|
|
356
Mattel
MAT
$4.32B
| $1.06M | 0.08% |
+31,675
| New | +$962K |
2016 Q1
0 quarters
|
|
357
Synchrony
SYF
$22.5B
| $1.06M | 0.08% |
36,926
-76,362
| -67% | -$2.12M |
2015 Q4
1 quarter
|
|
358
G-III Apparel Group
GIII
$1.36B
| $1.05M | 0.08% |
+21,536
| New | +$1.04M |
2016 Q1
0 quarters
|
|
359
MSCI
MSCI
$47.1B
| $1.05M | 0.08% |
14,203
+9,558
| +206% | +$661K |
2015 Q2
3 quarters
|
|
360
Ralph Lauren
RL
$22.8B
| $1.05M | 0.08% |
10,900
-2,239
| -17% | -$220K |
2015 Q3
2 quarters
|
|
361
Sohu.com
SOHU
$304M
| $1.04M | 0.08% |
+21,100
| New | +$1.02M |
2016 Q1
0 quarters
|
|
362
Travelers Companies
TRV
$82.6B
| $1.04M | 0.08% |
8,955
+3,494
| +64% | +$381K |
2015 Q4
1 quarter
|
|
|
ENH
363
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $1.04M | 0.08% |
15,971
+10,510
| +192% | +$657K |
2015 Q3
2 quarters
|
|
|
BCR
364
DELISTED
CR Bard Inc.
BCR
| $1.04M | 0.08% |
5,152
+1,703
| +49% | +$321K |
2015 Q4
1 quarter
|
|
365
Delek US
DK
$4.15B
| $1.04M | 0.08% |
68,400
+46,600
| +214% | +$752K |
2015 Q3
2 quarters
|
|
|
GXP
366
DELISTED
Great Plains Energy Incorporated
GXP
| $1.04M | 0.08% |
+32,244
| New | +$937K |
2016 Q1
0 quarters
|
|
367
Molina Healthcare
MOH
$10.9B
| $1.04M | 0.08% |
16,071
-8,700
| -35% | -$517K |
2015 Q4
1 quarter
|
|
|
XL
368
DELISTED
XL Group Ltd.
XL
| $1.04M | 0.08% |
+28,129
| New | +$1M |
2016 Q1
0 quarters
|
|
369
Constellation Brands
STZ
$24.6B
| $1.03M | 0.08% |
6,846
-3,293
| -32% | -$476K |
2015 Q2
3 quarters
|
|
370
DELISTED
Big Lots, Inc.
BIG
| $1.03M | 0.08% |
22,789
+9,612
| +73% | +$385K |
2015 Q3
2 quarters
|
|
371
DELISTED
CSRA Inc.
CSRA
| $1.03M | 0.08% |
+38,386
| New | +$1M |
2016 Q1
0 quarters
|
|
372
MillerKnoll
MLKN
$1.45B
| $1.03M | 0.08% |
+33,193
| New | +$882K |
2016 Q1
0 quarters
|
|
373
Ziff Davis
ZD
$1.7B
| $1.02M | 0.08% |
+19,056
| New | +$1.15M |
2016 Q1
0 quarters
|
|
374
VeriSign
VRSN
$28.1B
| $1.01M | 0.08% |
11,452
-3,532
| -24% | -$289K |
2015 Q3
2 quarters
|
|
375
Sprouts Farmers Market
SFM
$4.8B
| $1.01M | 0.08% |
34,795
+23,495
| +208% | +$606K |
2015 Q3
2 quarters
|
|
Similar funds
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.