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 | |
|---|---|---|---|---|---|---|---|
376
Roper Technologies
ROP
$47.8B
| $1.46M | 0.06% |
+7,946
| New | +$1.42M |
2016 Q4
0 quarters
|
|
|
TAHO
377
DELISTED
Tahoe Resources Inc
TAHO
| $1.45M | 0.06% |
+154,182
| New | +$1.61M |
2016 Q4
0 quarters
|
|
378
State Street
STT
$47B
| $1.44M | 0.06% |
+18,544
| New | +$1.4M |
2016 Q4
0 quarters
|
|
379
DELISTED
Leggett & Platt
LEG
| $1.44M | 0.06% |
29,432
-31,706
| -52% | -$1.51M |
2016 Q3
1 quarter
|
|
380
Nuveen Quality Municipal Income Fund
NAD
$2.42B
| $1.44M | 0.06% |
+103,116
| New | +$1.44M |
2016 Q4
0 quarters
|
|
381
Century Aluminum
CENX
$3.37B
| $1.44M | 0.06% |
+167,744
| New | +$1.43M |
2016 Q4
0 quarters
|
|
382
Saic
SAIC
$6.29B
| $1.43M | 0.06% |
16,907
+13,435
| +387% | +$1.03M |
2015 Q4
4 quarters
|
|
383
Graphic Packaging
GPK
$3.2B
| $1.43M | 0.06% |
+114,394
| New | +$1.48M |
2016 Q4
0 quarters
|
|
384
Medical Properties Trust
MPT
$966M
| $1.42M | 0.06% |
115,855
+80,317
| +226% | +$1.04M |
2016 Q3
1 quarter
|
|
385
Fastenal
FAST
$63.5B
| $1.42M | 0.06% |
121,084
+49,404
| +69% | +$542K |
2016 Q3
1 quarter
|
|
386
Groupon
GRPN
$499M
| $1.42M | 0.06% |
21,340
+15,625
| +273% | +$1.31M |
2016 Q1
3 quarters
|
|
387
Wabash National
WNC
$464M
| $1.41M | 0.06% |
+89,185
| New | +$1.22M |
2016 Q4
0 quarters
|
|
388
Goodyear
GT
$1.17B
| $1.41M | 0.06% |
+45,534
| New | +$1.41M |
2016 Q4
0 quarters
|
|
389
Kinross Gold
KGC
$24.5B
| $1.4M | 0.06% |
+451,025
| New | +$1.58M |
2016 Q4
0 quarters
|
|
390
Prudential Financial
PRU
$42B
| $1.4M | 0.06% |
13,405
-7,399
| -36% | -$702K |
2016 Q3
1 quarter
|
|
391
DELISTED
Sandstorm Gold
SAND
| $1.4M | 0.06% |
+357,699
| New | +$1.5M |
2016 Q4
0 quarters
|
|
392
Booz Allen Hamilton
BAH
$10.3B
| $1.39M | 0.06% |
+38,500
| New | +$1.31M |
2016 Q4
0 quarters
|
|
393
O'Reilly Automotive
ORLY
$74.1B
| $1.38M | 0.06% |
+74,610
| New | +$1.36M |
2016 Q4
0 quarters
|
|
394
CNO Financial Group
CNO
$5.22B
| $1.38M | 0.06% |
72,106
+48,366
| +204% | +$832K |
2016 Q3
1 quarter
|
|
395
CoreCivic
CXW
$2.65B
| $1.38M | 0.06% |
56,346
+33,084
| +142% | +$631K |
2016 Q3
1 quarter
|
|
|
LHO
396
DELISTED
LaSalle Hotel Properties
LHO
| $1.38M | 0.06% |
45,132
+33,298
| +281% | +$895K |
2016 Q3
1 quarter
|
|
397
T. Rowe Price
TROW
$23B
| $1.37M | 0.06% |
18,233
-3,445
| -16% | -$244K |
2016 Q3
1 quarter
|
|
398
DELISTED
Regal Entertainment Group
RGC
| $1.37M | 0.06% |
+66,400
| New | +$1.47M |
2016 Q4
0 quarters
|
|
399
United Rentals
URI
$69.4B
| $1.37M | 0.06% |
12,948
-8,486
| -40% | -$772K |
2016 Q3
1 quarter
|
|
400
Cincinnati Financial
CINF
$29.3B
| $1.36M | 0.06% |
+17,970
| New | +$1.34M |
2016 Q4
0 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.