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 | |
|---|---|---|---|---|---|---|---|
451
Bankunited
BKU
$3.14B
| $2.52M | 0.05% |
74,608
+5,141
| +7% | +$178K |
2017 Q1
1 quarter
|
|
452
Qualcomm
QCOM
$177B
| $2.51M | 0.05% |
45,477
-242,251
| -84% | -$13.5M |
2015 Q2
8 quarters
|
|
|
HRC
453
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $2.51M | 0.05% |
+31,532
| New | +$2.38M |
2017 Q2
0 quarters
|
|
454
DELISTED
Stericycle Inc
SRCL
| $2.5M | 0.05% |
+32,783
| New | +$2.69M |
2017 Q2
0 quarters
|
|
455
KB Home
KBH
$3.08B
| $2.5M | 0.05% |
+104,222
| New | +$2.21M |
2017 Q2
0 quarters
|
|
456
Five Below
FIVE
$13.2B
| $2.5M | 0.05% |
50,570
-262
| -0.5% | -$12.9K |
2016 Q4
2 quarters
|
|
457
Alibaba
BABA
$272B
| $2.49M | 0.05% |
17,649
-26,524
| -60% | -$3.28M |
2016 Q4
2 quarters
|
|
458
SS&C Technologies
SSNC
$18.2B
| $2.48M | 0.05% |
64,587
+47,721
| +283% | +$1.78M |
2016 Q3
3 quarters
|
|
459
DELISTED
Hawaiian Holdings, Inc.
HA
| $2.46M | 0.05% |
52,440
+30,076
| +134% | +$1.53M |
2015 Q4
6 quarters
|
|
460
Flagstar Bank National Association
FLG
$4.37B
| $2.44M | 0.05% |
61,817
+39,205
| +173% | +$1.56M |
2016 Q4
2 quarters
|
|
461
Flowers Foods
FLO
$1.42B
| $2.43M | 0.05% |
140,400
+112,182
| +398% | +$2.11M |
2015 Q4
6 quarters
|
|
462
DELISTED
Triumph Group
TGI
| $2.42M | 0.05% |
+76,693
| New | +$2.13M |
2017 Q2
0 quarters
|
|
|
LM
463
DELISTED
Legg Mason, Inc.
LM
| $2.42M | 0.05% |
63,475
+55,543
| +700% | +$2.1M |
2016 Q2
4 quarters
|
|
464
Edwards Lifesciences
EW
$58.7B
| $2.41M | 0.05% |
61,215
-73,188
| -54% | -$2.67M |
2017 Q1
1 quarter
|
|
465
Analog Devices
ADI
$176B
| $2.41M | 0.05% |
31,000
-14,742
| -32% | -$1.17M |
2016 Q4
2 quarters
|
|
466
Hancock Whitney
HWC
$5.73B
| $2.41M | 0.05% |
49,175
+8,845
| +22% | +$416K |
2016 Q1
5 quarters
|
|
467
Designer Brands
DBI
$329M
| $2.41M | 0.05% |
+136,016
| New | +$2.54M |
2017 Q2
0 quarters
|
|
|
WBC
468
DELISTED
WABCO HOLDINGS INC.
WBC
| $2.4M | 0.05% |
+18,837
| New | +$2.25M |
2017 Q2
0 quarters
|
|
469
Essex Property Trust
ESS
$17.5B
| $2.37M | 0.05% |
9,223
+6,135
| +199% | +$1.54M |
2017 Q1
1 quarter
|
|
470
VF Corp
VFC
$8.01B
| $2.35M | 0.05% |
43,279
+18,323
| +73% | +$945K |
2017 Q1
1 quarter
|
|
471
Targa Resources
TRGP
$56.8B
| $2.35M | 0.05% |
+51,904
| New | +$2.61M |
2017 Q2
0 quarters
|
|
|
ISBC
472
DELISTED
Investors Bancorp, Inc.
ISBC
| $2.33M | 0.05% |
174,195
-12,840
| -7% | -$176K |
2017 Q1
1 quarter
|
|
|
ALR
473
DELISTED
Alere Inc
ALR
| $2.33M | 0.05% |
46,368
+23,796
| +105% | +$1.15M |
2017 Q1
1 quarter
|
|
474
Textron
TXT
$14.2B
| $2.32M | 0.05% |
49,338
+19,621
| +66% | +$923K |
2017 Q1
1 quarter
|
|
475
DELISTED
iRobot
IRBT
| $2.32M | 0.05% |
+27,582
| New | +$2.38M |
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.