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 | |
|---|---|---|---|---|---|---|---|
376
Consolidated Edison
ED
$44B
| $3.27M | 0.06% |
40,478
+20,575
| +103% | +$1.66M |
2016 Q1
5 quarters
|
|
377
Vanguard Total Bond Market
BND
$165B
| $3.27M | 0.06% |
39,918
+26,820
| +205% | +$2.19M |
2017 Q1
1 quarter
|
|
378
Pinnacle West Capital
PNW
$12.6B
| $3.27M | 0.06% |
38,351
+15,047
| +65% | +$1.3M |
2016 Q3
3 quarters
|
|
379
National Fuel Gas
NFG
$6.98B
| $3.26M | 0.06% |
58,424
+46,943
| +409% | +$2.64M |
2017 Q1
1 quarter
|
|
380
Douglas Emmett
DEI
$1.7B
| $3.26M | 0.06% |
+85,236
| New | +$3.29M |
2017 Q2
0 quarters
|
|
381
Acuity Brands
AYI
$9.7B
| $3.25M | 0.06% |
15,987
-11,014
| -41% | -$1.94M |
2016 Q4
2 quarters
|
|
382
Home Depot
HD
$343B
| $3.25M | 0.06% |
21,167
-10,667
| -34% | -$1.64M |
2017 Q1
1 quarter
|
|
383
BP
BP
$115B
| $3.24M | 0.06% |
105,377
+32,139
| +44% | +$1000K |
2016 Q3
3 quarters
|
|
384
Campbell Soup
CPB
$6.9B
| $3.24M | 0.06% |
62,059
+20,162
| +48% | +$1.14M |
2016 Q2
4 quarters
|
|
|
MIK
385
DELISTED
Michaels Stores, Inc
MIK
| $3.23M | 0.06% |
174,526
+153,226
| +719% | +$3.19M |
2016 Q4
2 quarters
|
|
386
Hain Celestial
HAIN
$13.6M
| $3.21M | 0.06% |
82,787
+70,086
| +552% | +$2.53M |
2016 Q2
4 quarters
|
|
387
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.21M | 0.06% |
150,439
+138,139
| +1,123% | +$2.84M |
2016 Q4
2 quarters
|
|
388
L3Harris
LHX
$48.4B
| $3.19M | 0.06% |
+29,227
| New | +$3.22M |
2017 Q2
0 quarters
|
|
389
Burlington
BURL
$15.5B
| $3.16M | 0.06% |
34,300
+21,300
| +164% | +$2.05M |
2016 Q4
2 quarters
|
|
390
iShares MSCI Thailand ETF
THD
$378M
| $3.15M | 0.06% |
40,409
+65
| +0.2% | +$5.08K |
2016 Q3
3 quarters
|
|
391
Baxter International
BAX
$13.3B
| $3.15M | 0.06% |
51,962
-90,917
| -64% | -$5.16M |
2015 Q3
7 quarters
|
|
|
GRA
392
DELISTED
W.R. Grace & Co.
GRA
| $3.14M | 0.06% |
43,665
+33,928
| +348% | +$2.38M |
2016 Q3
3 quarters
|
|
393
Macerich
MAC
$7.04B
| $3.14M | 0.06% |
+54,059
| New | +$3.28M |
2017 Q2
0 quarters
|
|
394
Globant
GLOB
$2.05B
| $3.14M | 0.06% |
+72,226
| New | +$2.79M |
2017 Q2
0 quarters
|
|
395
Principal Financial Group
PFG
$23.6B
| $3.12M | 0.06% |
+48,748
| New | +$3.09M |
2017 Q2
0 quarters
|
|
|
SVU
396
DELISTED
SUPERVALU Inc.
SVU
| $3.12M | 0.06% |
135,496
+101,439
| +298% | +$2.7M |
2015 Q2
8 quarters
|
|
397
IQVIA
IQV
$44.8B
| $3.12M | 0.06% |
34,831
-355
| -1% | -$30K |
2016 Q4
2 quarters
|
|
398
DELISTED
TEGNA Inc
TGNA
| $3.09M | 0.06% |
214,161
-34,139
| -14% | -$525K |
2017 Q1
1 quarter
|
|
|
TSRO
399
DELISTED
TESARO, Inc.
TSRO
| $3.08M | 0.06% |
+22,000
| New | +$3.19M |
2017 Q2
0 quarters
|
|
|
PF
400
DELISTED
Pinnacle Foods, Inc.
PF
| $3.08M | 0.06% |
51,785
+45,057
| +670% | +$2.69M |
2015 Q4
6 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.