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 | |
|---|---|---|---|---|---|---|---|
426
AGCO
AGCO
$7.61B
| $2.74M | 0.05% |
+40,725
| New | +$2.6M |
2017 Q2
0 quarters
|
|
427
UnitedHealth
UNH
$353B
| $2.74M | 0.05% |
14,772
-80,573
| -85% | -$14.1M |
2016 Q4
2 quarters
|
|
428
W.R. Berkley
WRB
$27.9B
| $2.73M | 0.05% |
133,262
+103,812
| +353% | +$2.1M |
2017 Q1
1 quarter
|
|
429
Republic Services
RSG
$75.2B
| $2.73M | 0.05% |
+42,824
| New | +$2.71M |
2017 Q2
0 quarters
|
|
430
Cheniere Energy
LNG
$56.8B
| $2.72M | 0.05% |
+55,751
| New | +$2.66M |
2017 Q2
0 quarters
|
|
431
Toll Brothers
TOL
$14.1B
| $2.69M | 0.05% |
+68,066
| New | +$2.54M |
2017 Q2
0 quarters
|
|
432
Trinity Industries
TRN
$2.3B
| $2.68M | 0.05% |
+132,701
| New | +$2.55M |
2017 Q2
0 quarters
|
|
|
BHI
433
DELISTED
Baker Hughes
BHI
| $2.67M | 0.05% |
+48,951
| New | +$2.81M |
2017 Q2
0 quarters
|
|
434
Cognizant
CTSH
$28.9B
| $2.66M | 0.05% |
+40,057
| New | +$2.54M |
2017 Q2
0 quarters
|
|
435
Crown Holdings
CCK
$13.1B
| $2.66M | 0.05% |
44,550
+31,850
| +251% | +$1.8M |
2016 Q4
2 quarters
|
|
436
Western Union
WU
$2.15B
| $2.64M | 0.05% |
+138,300
| New | +$2.68M |
2017 Q2
0 quarters
|
|
437
Cracker Barrel
CBRL
$1.45B
| $2.63M | 0.05% |
15,747
-737
| -4% | -$120K |
2015 Q2
8 quarters
|
|
438
Abbott
ABT
$190B
| $2.63M | 0.05% |
54,147
-70,381
| -57% | -$3.19M |
2016 Q4
2 quarters
|
|
439
Shake Shack
SHAK
$2.91B
| $2.62M | 0.05% |
75,190
+7,565
| +11% | +$271K |
2016 Q4
2 quarters
|
|
440
Edgewell Personal Care
EPC
$1.29B
| $2.6M | 0.05% |
34,214
+31,259
| +1,058% | +$2.3M |
2017 Q1
1 quarter
|
|
441
Cooper Companies
COO
$11.9B
| $2.6M | 0.05% |
43,372
-6,964
| -14% | -$378K |
2016 Q3
3 quarters
|
|
442
Green Plains
GPRE
$927M
| $2.59M | 0.05% |
126,235
+105,930
| +522% | +$2.41M |
2016 Q1
5 quarters
|
|
|
CY
443
DELISTED
Cypress Semiconductor
CY
| $2.59M | 0.05% |
189,769
+100,818
| +113% | +$1.37M |
2017 Q1
1 quarter
|
|
444
DELISTED
Westar Energy Inc
WR
| $2.58M | 0.05% |
+48,662
| New | +$2.58M |
2017 Q2
0 quarters
|
|
445
Church & Dwight Co
CHD
$25.8B
| $2.57M | 0.05% |
49,624
-44,209
| -47% | -$2.26M |
2016 Q2
4 quarters
|
|
446
Toro Company
TTC
$9.9B
| $2.56M | 0.05% |
36,941
+15,260
| +70% | +$1.02M |
2016 Q3
3 quarters
|
|
447
Boyd Gaming
BYD
$5.41B
| $2.56M | 0.05% |
102,991
-3,490
| -3% | -$84.1K |
2015 Q4
6 quarters
|
|
448
DELISTED
Sleep Number
SNBR
| $2.54M | 0.05% |
+71,682
| New | +$2.14M |
2017 Q2
0 quarters
|
|
449
PepsiCo
PEP
$193B
| $2.53M | 0.05% |
21,916
+18,659
| +573% | +$2.14M |
2016 Q4
2 quarters
|
|
450
Match Group
MTCH
$8.88B
| $2.53M | 0.05% |
+145,589
| New | +$2.67M |
2017 Q2
0 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.