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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
351
Henry Schein
HSIC
$9.5B
| $1.58M | 0.06% |
26,576
+15,677
| +144% | +$946K |
2016 Q3
1 quarter
|
|
352
Charles Schwab
SCHW
$159B
| $1.57M | 0.06% |
+39,777
| New | +$1.42M |
2016 Q4
0 quarters
|
|
353
Camden Property Trust
CPT
$9.9B
| $1.57M | 0.06% |
+18,658
| New | +$1.48M |
2016 Q4
0 quarters
|
|
354
Hudson Pacific Properties
HPP
$476M
| $1.57M | 0.06% |
6,443
+5,380
| +506% | +$1.26M |
2015 Q4
4 quarters
|
|
355
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $1.57M | 0.06% |
+65,285
| New | +$1.58M |
2016 Q4
0 quarters
|
|
356
Pitney Bowes
PBI
$2.1B
| $1.56M | 0.06% |
102,670
+71,948
| +234% | +$1.15M |
2015 Q4
4 quarters
|
|
357
McEwen Inc
MUX
$732M
| $1.56M | 0.06% |
+53,457
| New | +$1.65M |
2016 Q4
0 quarters
|
|
358
Accenture
ACN
$149B
| $1.56M | 0.06% |
+13,272
| New | +$1.58M |
2016 Q4
0 quarters
|
|
359
DELISTED
Big 5 Sporting Goods
BGFV
| $1.55M | 0.06% |
+89,398
| New | +$1.57M |
2016 Q4
0 quarters
|
|
360
Navient Holdings, Inc. Common Stock
NAVI
$570M
| $1.54M | 0.06% |
94,013
-23,796
| -20% | -$370K |
2015 Q4
4 quarters
|
|
361
Veeva Systems
VEEV
$48.7B
| $1.54M | 0.06% |
37,739
+14,490
| +62% | +$592K |
2016 Q1
3 quarters
|
|
362
Cheniere Energy
LNG
$63B
| $1.53M | 0.06% |
+36,900
| New | +$1.49M |
2016 Q4
0 quarters
|
|
363
Labcorp
LH
$30.1B
| $1.52M | 0.06% |
13,827
-5,179
| -27% | -$575K |
2015 Q2
6 quarters
|
|
|
MIK
364
DELISTED
Michaels Stores, Inc
MIK
| $1.52M | 0.06% |
+74,234
| New | +$1.72M |
2016 Q4
0 quarters
|
|
365
Wendy's
WEN
$1.59B
| $1.52M | 0.06% |
112,052
+68,949
| +160% | +$832K |
2016 Q3
1 quarter
|
|
366
Worthington Enterprises
WOR
$2.92B
| $1.51M | 0.06% |
+51,651
| New | +$1.66M |
2016 Q4
0 quarters
|
|
367
Parker-Hannifin
PH
$120B
| $1.5M | 0.06% |
10,680
-4,568
| -30% | -$607K |
2016 Q2
2 quarters
|
|
368
Energizer
ENR
$1.65B
| $1.49M | 0.06% |
33,366
+13,389
| +67% | +$611K |
2016 Q3
1 quarter
|
|
369
Urban Outfitters
URBN
$7.28B
| $1.49M | 0.06% |
52,209
-74,281
| -59% | -$2.5M |
2016 Q1
3 quarters
|
|
|
EVHC
370
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $1.48M | 0.06% |
23,355
+17,194
| +279% | +$1.12M |
2016 Q3
1 quarter
|
|
|
IPXL
371
DELISTED
Impax Laboratories, Inc.
IPXL
| $1.47M | 0.06% |
110,996
+54,793
| +97% | +$937K |
2016 Q2
2 quarters
|
|
372
Fossil Group
FOSL
$506M
| $1.47M | 0.06% |
56,826
+31,472
| +124% | +$947K |
2015 Q3
5 quarters
|
|
373
Chevron
CVX
$426B
| $1.47M | 0.06% |
+12,474
| New | +$1.36M |
2016 Q4
0 quarters
|
|
374
Starwood Property Trust
STWD
$4.11B
| $1.47M | 0.06% |
+66,900
| New | +$1.48M |
2016 Q4
0 quarters
|
|
375
McDonald's
MCD
$193B
| $1.47M | 0.06% |
12,042
-41,799
| -78% | -$4.9M |
2015 Q4
4 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.