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 | |
|---|---|---|---|---|---|---|---|
426
Xcel Energy
XEL
$52.4B
| $868K | 0.07% |
20,750
+11,723
| +130% | +$457K |
2015 Q4
1 quarter
|
|
427
Dover
DOV
$27.9B
| $867K | 0.07% |
16,692
+529
| +3% | +$25.6K |
2015 Q4
1 quarter
|
|
428
UGI
UGI
$8.09B
| $864K | 0.07% |
21,431
-3,376
| -14% | -$122K |
2015 Q4
1 quarter
|
|
429
Pool Corp
POOL
$7.72B
| $859K | 0.07% |
+9,795
| New | +$788K |
2016 Q1
0 quarters
|
|
430
Four Corners Property Trust
FCPT
$2.56B
| $852K | 0.07% |
47,465
+21,501
| +83% | +$360K |
2015 Q4
1 quarter
|
|
431
FNB Corp
FNB
$6.38B
| $849K | 0.07% |
+65,287
| New | +$812K |
2016 Q1
0 quarters
|
|
432
Prudential Financial
PRU
$42.4B
| $848K | 0.07% |
11,738
+6,945
| +145% | +$484K |
2015 Q3
2 quarters
|
|
433
Vivmark Residential
VMRK
$49.8B
| $847K | 0.07% |
+11,294
| New | +$845K |
2016 Q1
0 quarters
|
|
434
Franklin Templeton
BEN
$18.5B
| $846K | 0.07% |
21,674
-32,265
| -60% | -$1.14M |
2014 Q4
5 quarters
|
|
435
Starwood Property Trust
STWD
$4.13B
| $846K | 0.07% |
44,700
+400
| +0.9% | +$7.42K |
2015 Q4
1 quarter
|
|
436
Papa John's
PZZA
$656M
| $841K | 0.07% |
15,514
+9,214
| +146% | +$484K |
2015 Q4
1 quarter
|
|
|
KLXI
437
DELISTED
KLX Inc.
KLXI
| $841K | 0.07% |
+31,023
| New | +$759K |
2016 Q1
0 quarters
|
|
438
SiriusXM
SIRI
$10.7B
| $837K | 0.06% |
21,200
-25,040
| -54% | -$935K |
2015 Q4
1 quarter
|
|
439
Nektar Therapeutics
NKTR
$1.27B
| $834K | 0.06% |
+4,044
| New | +$777K |
2016 Q1
0 quarters
|
|
440
People Inc
PPLI
$3.28B
| $829K | 0.06% |
+98,479
| New | +$848K |
2016 Q1
0 quarters
|
|
441
Philip Morris
PM
$310B
| $829K | 0.06% |
+8,448
| New | +$775K |
2016 Q1
0 quarters
|
|
|
LCI
442
DELISTED
Lannett Company, Inc.
LCI
| $826K | 0.06% |
11,519
+5,361
| +87% | +$568K |
2015 Q4
1 quarter
|
|
443
Mastercard
MA
$576B
| $822K | 0.06% |
+8,699
| New | +$769K |
2016 Q1
0 quarters
|
|
|
ALJ
444
DELISTED
Alon USA Energy Inc
ALJ
| $822K | 0.06% |
+79,611
| New | +$899K |
2016 Q1
0 quarters
|
|
|
WRI
445
DELISTED
Weingarten Realty Investors
WRI
| $821K | 0.06% |
21,876
+11,324
| +107% | +$399K |
2015 Q4
1 quarter
|
|
446
DELISTED
Hanesbrands
HBI
| $818K | 0.06% |
28,864
-46,701
| -62% | -$1.34M |
2015 Q4
1 quarter
|
|
447
Cirrus Logic
CRUS
$5.99B
| $816K | 0.06% |
+22,412
| New | +$727K |
2016 Q1
0 quarters
|
|
|
BRCD
448
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $804K | 0.06% |
76,000
+44,700
| +143% | +$408K |
2015 Q3
2 quarters
|
|
449
Lamar Advertising Co
LAMR
$16.4B
| $802K | 0.06% |
13,033
+2,029
| +18% | +$116K |
2015 Q4
1 quarter
|
|
450
Myriad Genetics
MYGN
$543M
| $790K | 0.06% |
21,100
+14,300
| +210% | +$539K |
2015 Q4
1 quarter
|
|
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.