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 | |
|---|---|---|---|---|---|---|---|
|
WDR
401
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $1.36M | 0.06% |
69,482
+58,945
| +559% | +$1.1M |
2016 Q3
1 quarter
|
|
402
Brinker International
EAT
$8.22B
| $1.35M | 0.06% |
27,272
-233
| -0.8% | -$12K |
2016 Q1
3 quarters
|
|
403
DELISTED
Southwestern Energy Company
SWN
| $1.35M | 0.06% |
+124,579
| New | +$1.43M |
2016 Q4
0 quarters
|
|
404
Marvell Technology
MRVL
$139B
| $1.34M | 0.05% |
96,607
+43,507
| +82% | +$592K |
2016 Q2
2 quarters
|
|
405
LendingTree
TREE
$503M
| $1.33M | 0.05% |
13,121
+8,857
| +208% | +$844K |
2016 Q2
2 quarters
|
|
406
Dillards
DDS
$9.5B
| $1.33M | 0.05% |
+21,200
| New | +$1.39M |
2016 Q4
0 quarters
|
|
|
ISEE
407
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $1.33M | 0.05% |
+275,069
| New | +$8.17M |
2016 Q4
0 quarters
|
|
|
BEAV
408
DELISTED
B/E Aerospace Inc
BEAV
| $1.33M | 0.05% |
+22,029
| New | +$1.27M |
2016 Q4
0 quarters
|
|
409
Ameriprise Financial
AMP
$45B
| $1.32M | 0.05% |
11,946
-2,801
| -19% | -$296K |
2016 Q3
1 quarter
|
|
|
WWAV
410
DELISTED
The WhiteWave Foods Company
WWAV
| $1.32M | 0.05% |
23,694
+289
| +1% | +$15.8K |
2016 Q3
1 quarter
|
|
411
Children's Place
PLCE
$7.56M
| $1.32M | 0.05% |
13,032
+5,261
| +68% | +$474K |
2015 Q4
4 quarters
|
|
412
DELISTED
ODP
ODP
| $1.31M | 0.05% |
29,012
+17,062
| +143% | +$706K |
2016 Q3
1 quarter
|
|
413
AngloGold Ashanti
AU
$44B
| $1.31M | 0.05% |
124,578
+109,006
| +700% | +$1.32M |
2016 Q3
1 quarter
|
|
|
WPG
414
DELISTED
Washington Prime Group Inc.
WPG
| $1.31M | 0.05% |
+13,975
| New | +$1.33M |
2016 Q4
0 quarters
|
|
415
Axalta
AXTA
$7.83B
| $1.3M | 0.05% |
47,828
+33,499
| +234% | +$882K |
2016 Q3
1 quarter
|
|
|
SWFT
416
DELISTED
Swift Transportation Company
SWFT
| $1.3M | 0.05% |
+53,300
| New | +$1.24M |
2016 Q4
0 quarters
|
|
417
Sarepta Therapeutics
SRPT
$1.72B
| $1.28M | 0.05% |
+46,738
| New | +$1.88M |
2016 Q4
0 quarters
|
|
418
Forum Energy Technologies
FET
$871M
| $1.28M | 0.05% |
2,904
+2,262
| +352% | +$945K |
2016 Q3
1 quarter
|
|
419
Dauch Corp
DCH
$1.12B
| $1.28M | 0.05% |
66,170
+3,910
| +6% | +$66.2K |
2016 Q2
2 quarters
|
|
420
Petrobras Class A
PBR.A
$103B
| $1.28M | 0.05% |
144,720
+130,500
| +918% | +$1.24M |
2016 Q1
3 quarters
|
|
|
CTXS
421
DELISTED
Citrix Systems Inc
CTXS
| $1.27M | 0.05% |
17,821
-40,066
| -69% | -$2.77M |
2016 Q1
3 quarters
|
|
422
DELISTED
Assertio
ASRT
| $1.26M | 0.05% |
1,165
+623
| +115% | +$794K |
2015 Q4
4 quarters
|
|
|
QCP
423
DELISTED
Quality Care Properties, Inc.
QCP
| $1.26M | 0.05% |
+80,995
| New | +$1.21M |
2016 Q4
0 quarters
|
|
424
Fifth Third Bancorp
FITB
$48.9B
| $1.25M | 0.05% |
+46,427
| New | +$1.11M |
2016 Q4
0 quarters
|
|
|
WFM
425
DELISTED
Whole Foods Market Inc
WFM
| $1.25M | 0.05% |
+40,609
| New | +$1.22M |
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.