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 | |
|---|---|---|---|---|---|---|---|
351
iShares MSCI Indonesia ETF
EIDO
$381M
| $3.44M | 0.07% |
126,515
-12,702
| -9% | -$339K |
2016 Q3
3 quarters
|
|
|
VMW
352
DELISTED
VMware, Inc
VMW
| $3.44M | 0.07% |
39,354
+6,254
| +19% | +$577K |
2017 Q1
1 quarter
|
|
|
TFCFA
353
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $3.44M | 0.07% |
+121,314
| New | +$3.49M |
2017 Q2
0 quarters
|
|
354
Global Payments
GPN
$25.8B
| $3.44M | 0.07% |
38,044
+26,387
| +226% | +$2.28M |
2015 Q4
6 quarters
|
|
355
DELISTED
Usg
USG
| $3.43M | 0.07% |
118,155
+105,811
| +857% | +$3.16M |
2015 Q4
6 quarters
|
|
356
Hasbro
HAS
$16.6B
| $3.42M | 0.07% |
30,710
+20,347
| +196% | +$2.1M |
2015 Q4
6 quarters
|
|
357
Western Digital
WDC
$98.7B
| $3.42M | 0.07% |
+51,076
| New | +$3.39M |
2017 Q2
0 quarters
|
|
358
Cabot Corp
CBT
$3.65B
| $3.41M | 0.07% |
63,752
+28,575
| +81% | +$1.57M |
2015 Q4
6 quarters
|
|
359
Voya Financial
VOYA
$8.84B
| $3.4M | 0.07% |
92,246
+51,646
| +127% | +$1.88M |
2016 Q4
2 quarters
|
|
|
RHT
360
DELISTED
Red Hat Inc
RHT
| $3.4M | 0.07% |
35,455
-132,396
| -79% | -$11.8M |
2016 Q4
2 quarters
|
|
361
Snap-on
SNA
$18.9B
| $3.39M | 0.07% |
21,482
+6,016
| +39% | +$985K |
2015 Q3
7 quarters
|
|
362
OGE Energy
OGE
$10.5B
| $3.35M | 0.07% |
96,284
+39,421
| +69% | +$1.38M |
2017 Q1
1 quarter
|
|
363
Johnson Controls International
JCI
$81.8B
| $3.35M | 0.07% |
+77,248
| New | +$3.23M |
2017 Q2
0 quarters
|
|
|
CAA
364
DELISTED
CalAtlantic Group, Inc.
CAA
| $3.35M | 0.07% |
94,651
+32,139
| +51% | +$1.17M |
2017 Q1
1 quarter
|
|
365
BHP
BHP
$203B
| $3.34M | 0.07% |
+105,225
| New | +$3.34M |
2017 Q2
0 quarters
|
|
366
Fastenal
FAST
$60.8B
| $3.33M | 0.07% |
+306,360
| New | +$3.44M |
2017 Q2
0 quarters
|
|
|
LPT
367
DELISTED
Liberty Property Trust
LPT
| $3.33M | 0.07% |
81,729
+54,187
| +197% | +$2.23M |
2016 Q3
3 quarters
|
|
368
BGC Group
BGC
$4.9B
| $3.32M | 0.07% |
408,525
+256,385
| +169% | +$1.92M |
2015 Q4
6 quarters
|
|
369
Berkshire Hathaway Class A
BRK.A
$1.22T
| $3.31M | 0.07% |
+13
| New | +$3.25M |
2017 Q2
0 quarters
|
|
370
La-Z-Boy
LZB
$1.27B
| $3.31M | 0.07% |
+101,873
| New | +$2.86M |
2017 Q2
0 quarters
|
|
371
Franklin Templeton
BEN
$17.3B
| $3.31M | 0.07% |
+73,873
| New | +$3.16M |
2017 Q2
0 quarters
|
|
372
Gilead Sciences
GILD
$207B
| $3.3M | 0.07% |
46,700
-68,300
| -59% | -$4.54M |
2016 Q3
3 quarters
|
|
|
COL
373
DELISTED
Rockwell Collins
COL
| $3.3M | 0.06% |
31,380
+11,604
| +59% | +$1.2M |
2017 Q1
1 quarter
|
|
|
ATW
374
DELISTED
Atwood Oceanics
ATW
| $3.29M | 0.06% |
404,095
-5,369
| -1% | -$46.3K |
2017 Q1
1 quarter
|
|
375
State Street Utilities Select Sector SPDR ETF
XLU
$24.2B
| $3.29M | 0.06% |
126,698
+72,994
| +136% | +$1.92M |
2016 Q1
5 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.