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 | |
|---|---|---|---|---|---|---|---|
351
Avista
AVA
$3.43B
| $3.7M | 0.07% |
+71,393
| New | +$3.57M |
2017 Q3
0 quarters
|
|
352
iShares MSCI Indonesia ETF
EIDO
$404M
| $3.69M | 0.07% |
138,409
+11,894
| +9% | +$320K |
2016 Q3
4 quarters
|
|
353
Zoetis
ZTS
$34.1B
| $3.69M | 0.07% |
57,852
-10,253
| -15% | -$642K |
2017 Q1
2 quarters
|
|
354
Five Below
FIVE
$13.6B
| $3.69M | 0.07% |
67,161
+16,591
| +33% | +$812K |
2016 Q4
3 quarters
|
|
355
DELISTED
Usg
USG
| $3.68M | 0.07% |
112,823
-5,332
| -5% | -$154K |
2015 Q4
7 quarters
|
|
356
Entergy
ETR
$53.1B
| $3.67M | 0.07% |
96,068
-78,098
| -45% | -$3.02M |
2016 Q4
3 quarters
|
|
357
American Electric Power
AEP
$70.3B
| $3.65M | 0.07% |
51,957
-98,273
| -65% | -$7M |
2015 Q3
8 quarters
|
|
|
LPT
358
DELISTED
Liberty Property Trust
LPT
| $3.62M | 0.07% |
88,171
+6,442
| +8% | +$269K |
2016 Q3
4 quarters
|
|
359
AXIS Capital
AXS
$7.8B
| $3.62M | 0.07% |
63,122
+32,234
| +104% | +$1.99M |
2016 Q4
3 quarters
|
|
360
Diversified Healthcare Trust
DHC
$1.75B
| $3.6M | 0.07% |
184,335
+145,716
| +377% | +$2.84M |
2017 Q1
2 quarters
|
|
|
PF
361
DELISTED
Pinnacle Foods, Inc.
PF
| $3.59M | 0.07% |
62,828
+11,043
| +21% | +$655K |
2015 Q4
7 quarters
|
|
362
Vanguard S&P 500 ETF
VOO
$1.04T
| $3.52M | 0.07% |
+15,239
| New | +$3.45M |
2017 Q3
0 quarters
|
|
363
Workday
WDAY
$47.3B
| $3.51M | 0.07% |
33,305
+13,931
| +72% | +$1.44M |
2017 Q2
1 quarter
|
|
364
Synchrony
SYF
$22.5B
| $3.5M | 0.07% |
112,687
+57,187
| +103% | +$1.71M |
2017 Q1
2 quarters
|
|
365
SS&C Technologies
SSNC
$18.7B
| $3.48M | 0.07% |
86,671
+22,084
| +34% | +$852K |
2016 Q3
4 quarters
|
|
366
Rockwell Automation
ROK
$44.7B
| $3.45M | 0.07% |
19,364
+8,742
| +82% | +$1.45M |
2017 Q1
2 quarters
|
|
367
Keurig Dr Pepper
KDP
$49.5B
| $3.42M | 0.07% |
38,668
-33,173
| -46% | -$3.01M |
2017 Q2
1 quarter
|
|
368
Ralph Lauren
RL
$22.8B
| $3.4M | 0.07% |
+38,555
| New | +$3.18M |
2017 Q3
0 quarters
|
|
|
ANDV
369
DELISTED
Andeavor
ANDV
| $3.39M | 0.07% |
+32,826
| New | +$3.23M |
2017 Q3
0 quarters
|
|
370
Somnigroup International
SGI
$14B
| $3.37M | 0.06% |
209,096
-240,272
| -53% | -$3.55M |
2017 Q1
2 quarters
|
|
371
Shake Shack
SHAK
$3.03B
| $3.36M | 0.06% |
101,173
+25,983
| +35% | +$850K |
2016 Q4
3 quarters
|
|
|
372
PUT
Invesco QQQ Trust
QQQ
$461B
| $3.36M | 0.06% |
+23,100
| New | +$3.31M |
2017 Q3
0 quarters
|
|
373
Quanta Services
PWR
$90.7B
| $3.34M | 0.06% |
89,239
+34,141
| +62% | +$1.2M |
2017 Q1
2 quarters
|
|
374
General Motors
GM
$72.5B
| $3.32M | 0.06% |
+82,318
| New | +$3.01M |
2017 Q3
0 quarters
|
|
375
Spectrum Brands
SPB
$2.02B
| $3.32M | 0.06% |
31,296
-1,188
| -4% | -$134K |
2015 Q4
7 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.