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 | |
|---|---|---|---|---|---|---|---|
351
CBRE Group
CBRE
$37.1B
| $989K | 0.06% |
+37,367
| New | +$1.09M |
2016 Q2
0 quarters
|
|
352
CSX Corp
CSX
$96.3B
| $986K | 0.06% |
113,460
-113,802
| -50% | -$991K |
2015 Q3
3 quarters
|
|
353
WIX.com
WIX
$3.23B
| $986K | 0.06% |
+32,503
| New | +$830K |
2016 Q2
0 quarters
|
|
354
Altria Group
MO
$130B
| $985K | 0.06% |
14,279
-3,394
| -19% | -$217K |
2016 Q1
1 quarter
|
|
355
Accenture
ACN
$158B
| $984K | 0.06% |
+8,683
| New | +$1.01M |
2016 Q2
0 quarters
|
|
356
UGI
UGI
$8.29B
| $979K | 0.06% |
21,640
+209
| +1% | +$8.81K |
2015 Q4
2 quarters
|
|
|
ETFC
357
DELISTED
E*Trade Financial Corporation
ETFC
| $977K | 0.06% |
41,585
+27,544
| +196% | +$698K |
2016 Q1
1 quarter
|
|
358
Lear
LEA
$5.71B
| $975K | 0.06% |
+9,582
| New | +$1.08M |
2016 Q2
0 quarters
|
|
359
DELISTED
Usg
USG
| $971K | 0.06% |
36,000
+26,000
| +260% | +$709K |
2015 Q4
2 quarters
|
|
360
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.35B
| $969K | 0.06% |
6,963
-3,270
| -32% | -$449K |
2016 Q1
1 quarter
|
|
361
Clorox
CLX
$10.6B
| $962K | 0.06% |
6,952
-9,631
| -58% | -$1.25M |
2015 Q2
4 quarters
|
|
362
W.W. Grainger
GWW
$64B
| $962K | 0.06% |
4,232
+1,159
| +38% | +$264K |
2016 Q1
1 quarter
|
|
363
PVH
PVH
$4.16B
| $960K | 0.06% |
10,185
-2,750
| -21% | -$258K |
2015 Q3
3 quarters
|
|
364
Advanced Micro Devices
AMD
$824B
| $959K | 0.06% |
186,671
+123,016
| +193% | +$478K |
2016 Q1
1 quarter
|
|
365
Jack in the Box
JACK
$250M
| $957K | 0.06% |
11,144
-4,629
| -29% | -$349K |
2016 Q1
1 quarter
|
|
366
Reliance Steel & Aluminium
RS
$22.3B
| $954K | 0.06% |
12,404
-5,481
| -31% | -$402K |
2015 Q4
2 quarters
|
|
367
Costco
COST
$449B
| $948K | 0.06% |
6,034
-7,631
| -56% | -$1.16M |
2015 Q4
2 quarters
|
|
|
IBKC
368
DELISTED
IBERIABANK Corp
IBKC
| $944K | 0.06% |
15,803
+10,903
| +223% | +$633K |
2016 Q1
1 quarter
|
|
|
CPN
369
DELISTED
Calpine Corporation
CPN
| $941K | 0.06% |
+63,797
| New | +$945K |
2016 Q2
0 quarters
|
|
370
Newmont
NEM
$111B
| $937K | 0.06% |
23,944
-5,580
| -19% | -$185K |
2015 Q4
2 quarters
|
|
371
PBF Energy
PBF
$9.25B
| $935K | 0.06% |
39,300
+5,100
| +15% | +$147K |
2015 Q3
3 quarters
|
|
372
NCR Voyix
VYX
$1.17B
| $930K | 0.06% |
54,579
-11,651
| -18% | -$211K |
2015 Q3
3 quarters
|
|
373
Honeywell
HON
$69.2B
| $928K | 0.06% |
8,879
-39,836
| -82% | -$4.09M |
2015 Q3
3 quarters
|
|
374
DELISTED
Walgreens Boots Alliance
WBA
| $927K | 0.06% |
11,134
+450
| +4% | +$36.3K |
2015 Q4
2 quarters
|
|
375
Trane Technologies
TT
$89.7B
| $917K | 0.06% |
+14,407
| New | +$927K |
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.