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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
451
Lincoln National
LNC
$7.85B
| $749K | 0.05% |
+19,320
| New | +$819K |
2016 Q2
0 quarters
|
|
|
FNSR
452
DELISTED
Finisar Corp
FNSR
| $748K | 0.05% |
+42,724
| New | +$730K |
2016 Q2
0 quarters
|
|
453
Carnival Corporation Ltd
CCL
$38.8B
| $740K | 0.05% |
16,739
-18,697
| -53% | -$917K |
2015 Q2
4 quarters
|
|
454
Boeing
BA
$136B
| $736K | 0.05% |
5,669
-30,270
| -84% | -$3.95M |
2015 Q4
2 quarters
|
|
455
Avnet
AVT
$7.25B
| $735K | 0.05% |
18,145
+7,107
| +64% | +$296K |
2015 Q4
2 quarters
|
|
|
PF
456
DELISTED
Pinnacle Foods, Inc.
PF
| $735K | 0.05% |
15,888
-11,212
| -41% | -$488K |
2015 Q4
2 quarters
|
|
|
DWRE
457
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $734K | 0.05% |
9,800
-2,800
| -22% | -$151K |
2016 Q1
1 quarter
|
|
458
Walt Disney
DIS
$192B
| $731K | 0.05% |
7,473
-56,926
| -88% | -$5.69M |
2015 Q4
2 quarters
|
|
459
JetBlue
JBLU
$1.08B
| $730K | 0.05% |
44,086
-13,033
| -23% | -$242K |
2015 Q4
2 quarters
|
|
|
FTR
460
DELISTED
Frontier Communications Corp.
FTR
| $730K | 0.05% |
9,849
+6,401
| +186% | +$502K |
2015 Q3
3 quarters
|
|
|
FINL
461
DELISTED
Finish Line
FINL
| $727K | 0.05% |
36,004
+22,966
| +176% | +$434K |
2015 Q3
3 quarters
|
|
462
Thomson Reuters
TRI
$51.2B
| $722K | 0.05% |
+15,390
| New | +$733K |
2016 Q2
0 quarters
|
|
463
Signet Jewelers
SIG
$4.51B
| $718K | 0.04% |
8,711
-26,595
| -75% | -$2.7M |
2016 Q1
1 quarter
|
|
464
Ovintiv
OVV
$20.1B
| $717K | 0.04% |
18,420
+5,300
| +40% | +$194K |
2016 Q1
1 quarter
|
|
|
MRD
465
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $708K | 0.04% |
44,600
-130,900
| -75% | -$1.86M |
2015 Q4
2 quarters
|
|
466
DELISTED
Diamond Offshore Drilling
DO
| $706K | 0.04% |
+29,001
| New | +$691K |
2016 Q2
0 quarters
|
|
467
ResMed
RMD
$32.3B
| $699K | 0.04% |
11,047
-28,632
| -72% | -$1.69M |
2015 Q4
2 quarters
|
|
468
Omnicom Group
OMC
$22.3B
| $692K | 0.04% |
8,497
+4,206
| +98% | +$350K |
2015 Q4
2 quarters
|
|
469
Zions Bancorporation
ZION
$9.5B
| $690K | 0.04% |
+27,473
| New | +$729K |
2016 Q2
0 quarters
|
|
470
GameStop
GME
$12.2B
| $687K | 0.04% |
103,444
-185,912
| -64% | -$1.36M |
2015 Q4
2 quarters
|
|
471
Gentex
GNTX
$4.19B
| $687K | 0.04% |
44,439
-3,338
| -7% | -$53K |
2015 Q4
2 quarters
|
|
472
International Flavors & Fragrances
IFF
$23.7B
| $686K | 0.04% |
5,444
-144
| -3% | -$17.8K |
2016 Q1
1 quarter
|
|
473
UDR
UDR
$11.4B
| $685K | 0.04% |
+18,561
| New | +$665K |
2016 Q2
0 quarters
|
|
|
MKTO
474
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $682K | 0.04% |
+19,600
| New | +$542K |
2016 Q2
0 quarters
|
|
475
DELISTED
SEMGROUP CORPORATION
SEMG
| $680K | 0.04% |
20,887
+9,587
| +85% | +$278K |
2015 Q4
2 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.