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 | |
|---|---|---|---|---|---|---|---|
|
HRC
451
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $787K | 0.06% |
15,648
-250
| -2% | -$11.8K |
2015 Q1
4 quarters
|
|
452
Newmont
NEM
$118B
| $785K | 0.06% |
29,524
-31,004
| -51% | -$718K |
2015 Q4
1 quarter
|
|
453
Post Holdings
POST
$3.57B
| $779K | 0.06% |
17,312
+7,945
| +85% | +$335K |
2015 Q4
1 quarter
|
|
454
Rockwell Automation
ROK
$44.7B
| $779K | 0.06% |
6,844
-4,854
| -41% | -$492K |
2015 Q4
1 quarter
|
|
455
Williams-Sonoma
WSM
$29.9B
| $770K | 0.06% |
28,136
-14,772
| -34% | -$401K |
2015 Q4
1 quarter
|
|
456
Maximus
MMS
$3.39B
| $768K | 0.06% |
+14,596
| New | +$744K |
2016 Q1
0 quarters
|
|
|
FNFG
457
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $768K | 0.06% |
+79,295
| New | +$767K |
2016 Q1
0 quarters
|
|
458
Pinnacle West Capital
PNW
$13B
| $767K | 0.06% |
10,216
+2,433
| +31% | +$166K |
2015 Q3
2 quarters
|
|
|
CAA
459
DELISTED
CalAtlantic Group, Inc.
CAA
| $765K | 0.06% |
22,876
+391
| +2% | +$12.2K |
2015 Q4
1 quarter
|
|
460
DELISTED
TD Ameritrade Holding Corp
AMTD
| $763K | 0.06% |
24,200
-11,800
| -33% | -$348K |
2015 Q4
1 quarter
|
|
461
Darling Ingredients
DAR
$8.67B
| $759K | 0.06% |
57,605
+43,305
| +303% | +$436K |
2015 Q4
1 quarter
|
|
|
WCG
462
DELISTED
Wellcare Health Plans, Inc.
WCG
| $759K | 0.06% |
+8,184
| New | +$679K |
2016 Q1
0 quarters
|
|
463
Toro Company
TTC
$10B
| $756K | 0.06% |
+17,552
| New | +$674K |
2016 Q1
0 quarters
|
|
464
Spectrum Brands
SPB
$2.02B
| $754K | 0.06% |
6,900
+4,200
| +156% | +$414K |
2015 Q4
1 quarter
|
|
465
Regal Rexnord
RRX
$11.7B
| $752K | 0.06% |
+11,926
| New | +$668K |
2016 Q1
0 quarters
|
|
466
Gentex
GNTX
$3.94B
| $750K | 0.06% |
47,777
+455
| +1% | +$6.62K |
2015 Q4
1 quarter
|
|
467
Martin Marietta Materials
MLM
$36.5B
| $748K | 0.06% |
+4,689
| New | +$644K |
2016 Q1
0 quarters
|
|
468
Garmin
GRMN
$54.5B
| $739K | 0.06% |
18,487
+3,939
| +27% | +$146K |
2015 Q4
1 quarter
|
|
469
DELISTED
Verint Systems
VRNT
| $734K | 0.06% |
+43,180
| New | +$787K |
2016 Q1
0 quarters
|
|
|
BMS
470
DELISTED
Bemis
BMS
| $733K | 0.06% |
+14,157
| New | +$682K |
2016 Q1
0 quarters
|
|
471
InterDigital
IDCC
$7.43B
| $727K | 0.06% |
13,075
+432
| +3% | +$20.9K |
2015 Q3
2 quarters
|
|
472
DELISTED
Foot Locker
FL
| $726K | 0.06% |
+11,258
| New | +$731K |
2016 Q1
0 quarters
|
|
473
Conagra Brands
CAG
$7.03B
| $725K | 0.06% |
+20,888
| New | +$678K |
2016 Q1
0 quarters
|
|
474
Douglas Emmett
DEI
$1.66B
| $725K | 0.06% |
+24,081
| New | +$682K |
2016 Q1
0 quarters
|
|
475
DELISTED
bluebird bio
BLUE
| $723K | 0.06% |
+1,312
| New | +$806K |
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.