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 | |
|---|---|---|---|---|---|---|---|
376
Tenet Healthcare
THC
$22.8B
| $1.01M | 0.08% |
34,876
+27,563
| +377% | +$717K |
2015 Q2
3 quarters
|
|
377
Jack in the Box
JACK
$283M
| $1.01M | 0.08% |
+15,773
| New | +$1.11M |
2016 Q1
0 quarters
|
|
|
QLIK
378
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $1M | 0.08% |
34,600
+21,500
| +164% | +$538K |
2015 Q4
1 quarter
|
|
379
First Industrial Realty Trust
FR
$7.32B
| $1M | 0.08% |
+43,982
| New | +$927K |
2016 Q1
0 quarters
|
|
380
iShares Russell 2000 Growth ETF
IWO
$13.9B
| $994K | 0.08% |
+7,497
| New | +$936K |
2016 Q1
0 quarters
|
|
381
Matador Resources
MTDR
$6.62B
| $986K | 0.08% |
+52,000
| New | +$863K |
2016 Q1
0 quarters
|
|
|
CSC
382
DELISTED
Computer Sciences
CSC
| $986K | 0.08% |
28,680
-17,212
| -38% | -$519K |
2015 Q1
4 quarters
|
|
383
Brown-Forman Class B
BF.B
$14.1B
| $982K | 0.08% |
31,178
-63,038
| -67% | -$1.95M |
2015 Q4
1 quarter
|
|
384
Veeva Systems
VEEV
$48.8B
| $982K | 0.08% |
+39,200
| New | +$960K |
2016 Q1
0 quarters
|
|
|
WPG
385
DELISTED
Washington Prime Group Inc.
WPG
| $980K | 0.08% |
11,476
+4,760
| +71% | +$387K |
2015 Q3
2 quarters
|
|
386
Archer Daniels Midland
ADM
$34.7B
| $978K | 0.08% |
26,948
+17,267
| +178% | +$601K |
2015 Q1
4 quarters
|
|
387
Baxter International
BAX
$13.4B
| $977K | 0.08% |
23,779
-6,569
| -22% | -$250K |
2015 Q3
2 quarters
|
|
388
DELISTED
Gulfport Energy Corp.
GPOR
| $976K | 0.08% |
34,429
+13,031
| +61% | +$344K |
2015 Q4
1 quarter
|
|
389
Cinemark Holdings
CNK
$4.73B
| $972K | 0.08% |
27,124
+18,935
| +231% | +$601K |
2015 Q4
1 quarter
|
|
390
NewMarket
NEU
$6.52B
| $970K | 0.08% |
2,449
+868
| +55% | +$319K |
2015 Q4
1 quarter
|
|
391
DELISTED
Paramount Global Class B
PARA
| $969K | 0.08% |
17,600
-15,515
| -47% | -$755K |
2015 Q2
3 quarters
|
|
392
TransDigm Group
TDG
$66.5B
| $969K | 0.08% |
4,400
-1,500
| -25% | -$328K |
2015 Q4
1 quarter
|
|
393
Cummins
CMI
$61.9B
| $968K | 0.08% |
8,807
+800
| +10% | +$77.3K |
2015 Q4
1 quarter
|
|
394
DELISTED
Exact Sciences
EXAS
| $965K | 0.07% |
143,200
+73,800
| +106% | +$472K |
2015 Q4
1 quarter
|
|
395
Alphabet (Google) Class C
GOOG
$3.6T
| $965K | 0.07% |
+25,920
| New | +$928K |
2016 Q1
0 quarters
|
|
396
Patterson-UTI
PTEN
$4.16B
| $964K | 0.07% |
+54,717
| New | +$816K |
2016 Q1
0 quarters
|
|
397
Allegion
ALLE
$16.3B
| $962K | 0.07% |
+15,100
| New | +$923K |
2016 Q1
0 quarters
|
|
|
RAD
398
DELISTED
Rite Aid Corporation
RAD
| $958K | 0.07% |
+5,875
| New | +$926K |
2016 Q1
0 quarters
|
|
399
State Street Health Care Select Sector SPDR ETF
XLV
$51B
| $953K | 0.07% |
+14,067
| New | +$942K |
2016 Q1
0 quarters
|
|
400
State Street Utilities Select Sector SPDR ETF
XLU
$24.3B
| $952K | 0.07% |
+38,370
| New | +$886K |
2016 Q1
0 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.