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 | |
|---|---|---|---|---|---|---|---|
|
CLGX
401
DELISTED
Corelogic, Inc.
CLGX
| $952K | 0.07% |
27,447
+21,135
| +335% | +$718K |
2015 Q2
3 quarters
|
|
402
Cboe Global Markets
CBOE
$39.2B
| $950K | 0.07% |
14,543
+9,086
| +167% | +$579K |
2015 Q4
1 quarter
|
|
403
CME Group
CME
$114B
| $942K | 0.07% |
9,812
-20,188
| -67% | -$1.84M |
2015 Q4
1 quarter
|
|
404
AutoNation
AN
$5.69B
| $938K | 0.07% |
20,087
-20,169
| -50% | -$977K |
2015 Q4
1 quarter
|
|
405
DELISTED
Hawaiian Holdings, Inc.
HA
| $938K | 0.07% |
19,874
+10,315
| +108% | +$400K |
2015 Q4
1 quarter
|
|
406
Agilent Technologies
A
$49B
| $937K | 0.07% |
23,519
-7,247
| -24% | -$276K |
2015 Q4
1 quarter
|
|
407
Camden Property Trust
CPT
$9.9B
| $936K | 0.07% |
11,128
+6,791
| +157% | +$519K |
2015 Q3
2 quarters
|
|
|
KSU
408
DELISTED
Kansas City Southern
KSU
| $933K | 0.07% |
+10,923
| New | +$852K |
2016 Q1
0 quarters
|
|
409
National Health Investors
NHI
$3.09B
| $932K | 0.07% |
+14,000
| New | +$865K |
2016 Q1
0 quarters
|
|
410
United Rentals
URI
$69.6B
| $929K | 0.07% |
14,942
+8,174
| +121% | +$454K |
2015 Q4
1 quarter
|
|
411
Rollins
ROL
$18.6B
| $926K | 0.07% |
+76,844
| New | +$911K |
2016 Q1
0 quarters
|
|
|
TWC
412
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $923K | 0.07% |
4,509
+760
| +20% | +$144K |
2015 Q3
2 quarters
|
|
413
Jack Henry & Associates
JKHY
$12.4B
| $922K | 0.07% |
10,908
+597
| +6% | +$47.9K |
2015 Q4
1 quarter
|
|
414
Graham Holdings Company
GHC
$5.19B
| $916K | 0.07% |
+1,909
| New | +$909K |
2016 Q1
0 quarters
|
|
|
BWLD
415
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $916K | 0.07% |
+6,182
| New | +$944K |
2016 Q1
0 quarters
|
|
416
Shake Shack
SHAK
$3.03B
| $911K | 0.07% |
24,405
+12,805
| +110% | +$461K |
2015 Q4
1 quarter
|
|
417
DELISTED
Walgreens Boots Alliance
WBA
| $900K | 0.07% |
10,684
+1,143
| +12% | +$91.3K |
2015 Q4
1 quarter
|
|
418
B&G Foods
BGS
$284M
| $893K | 0.07% |
+25,647
| New | +$905K |
2016 Q1
0 quarters
|
|
419
Hasbro
HAS
$16.9B
| $893K | 0.07% |
11,153
-2,618
| -19% | -$195K |
2015 Q4
1 quarter
|
|
|
CCP
420
DELISTED
Care Capital Properties, Inc.
CCP
| $892K | 0.07% |
+33,237
| New | +$921K |
2016 Q1
0 quarters
|
|
421
Healthpeak Properties
DOC
$13.8B
| $886K | 0.07% |
+29,861
| New | +$896K |
2016 Q1
0 quarters
|
|
|
SONC
422
DELISTED
Sonic Corp
SONC
| $879K | 0.07% |
+25,007
| New | +$747K |
2016 Q1
0 quarters
|
|
|
PRXL
423
DELISTED
Parexel International Corp
PRXL
| $875K | 0.07% |
+13,953
| New | +$860K |
2016 Q1
0 quarters
|
|
424
Comscore
SCOR
$45.7M
| $872K | 0.07% |
1,452
+1,152
| +384% | +$833K |
2015 Q4
1 quarter
|
|
425
W.R. Berkley
WRB
$28.8B
| $868K | 0.07% |
+52,110
| New | +$801K |
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.