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 |
General Dynamics
GD
|
+$7.96M |
| 2 |
Fidelity National Information Services
FIS
|
+$6.98M |
| 3 |
Allstate
ALL
|
+$6.81M |
| 4 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$6.39M |
| 5 |
Qualcomm
QCOM
|
+$6.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.19M |
| 2 |
Abbott
ABT
|
+$5.85M |
| 3 |
United Airlines
UAL
|
+$5.37M |
| 4 |
PPG Industries
PPG
|
+$5.35M |
| 5 |
NextEra Energy
NEE
|
+$5.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 13.91% |
| 2 | Healthcare | 13.09% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Financials | 12.91% |
| 5 | Technology | 12.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Caterpillar
CAT
$256B
| $3.46M | 0.38% |
+50,856
| New | +$3.56M |
2015 Q4
0 quarters
|
|
27
Synchrony
SYF
$24B
| $3.44M | 0.38% |
+113,288
| New | +$3.55M |
2015 Q4
0 quarters
|
|
28
Bank of New York Mellon
BNY
$99.4B
| $3.44M | 0.38% |
+83,552
| New | +$3.51M |
2015 Q4
0 quarters
|
|
29
Coca-Cola Europacific Partners
CCEP
$51B
| $3.38M | 0.37% |
68,600
+64,275
| +1,486% | +$3.24M |
2015 Q3
1 quarter
|
|
30
Monster Beverage
MNST
$89.5B
| $3.36M | 0.37% |
270,312
+192,504
| +247% | +$2.32M |
2015 Q3
1 quarter
|
|
31
Capri Holdings
CPRI
$2.12B
| $3.24M | 0.36% |
+80,873
| New | +$3.33M |
2015 Q4
0 quarters
|
|
32
Walmart Inc
WMT
$996B
| $3.16M | 0.35% |
+154,908
| New | +$3.11M |
2015 Q4
0 quarters
|
|
33
NCR Voyix
VYX
$1.32B
| $3.11M | 0.34% |
207,343
+178,081
| +609% | +$2.84M |
2015 Q3
1 quarter
|
|
34
Aon
AON
$71B
| $3.11M | 0.34% |
33,681
+30,813
| +1,074% | +$2.87M |
2015 Q3
1 quarter
|
|
|
JOY
35
DELISTED
Joy Global Inc
JOY
| $3.1M | 0.34% |
246,221
+178,555
| +264% | +$2.7M |
2015 Q2
2 quarters
|
|
|
MJN
36
DELISTED
Mead Johnson Nutrition Company
MJN
| $3.09M | 0.34% |
39,151
-14,400
| -27% | -$1.13M |
2015 Q3
1 quarter
|
|
37
Marathon Petroleum
MPC
$101B
| $3.01M | 0.33% |
58,012
+46,358
| +398% | +$2.43M |
2014 Q4
4 quarters
|
|
38
Brown-Forman Class B
BF.B
$14B
| $2.99M | 0.33% |
+94,216
| New | +$3.14M |
2015 Q4
0 quarters
|
|
|
TFCF
39
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $2.97M | 0.33% |
+108,930
| New | +$3.2M |
2015 Q4
0 quarters
|
|
40
TE Connectivity
TEL
$59.5B
| $2.96M | 0.32% |
+45,835
| New | +$2.96M |
2015 Q4
0 quarters
|
|
41
Air Products & Chemicals
APD
$67.9B
| $2.9M | 0.32% |
24,070
+1,471
| +7% | +$185K |
2015 Q1
3 quarters
|
|
42
eBay
EBAY
$53.5B
| $2.84M | 0.31% |
103,444
-50,451
| -33% | -$1.39M |
2015 Q3
1 quarter
|
|
43
Crown Castle
CCI
$37.7B
| $2.83M | 0.31% |
32,736
+4,831
| +17% | +$410K |
2015 Q3
1 quarter
|
|
44
Edwards Lifesciences
EW
$58.7B
| $2.77M | 0.3% |
+105,363
| New | +$2.74M |
2015 Q4
0 quarters
|
|
|
TYC
45
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $2.77M | 0.3% |
82,989
-19,226
| -19% | -$702K |
2015 Q2
2 quarters
|
|
|
WNR
46
DELISTED
Western Refining Inc
WNR
| $2.74M | 0.3% |
+76,843
| New | +$3.29M |
2015 Q4
0 quarters
|
|
|
PCP
47
DELISTED
PRECISION CASTPARTS CORP
PCP
| $2.73M | 0.3% |
+11,751
| New | +$2.72M |
2015 Q4
0 quarters
|
|
48
Masco
MAS
$15.8B
| $2.72M | 0.3% |
+96,124
| New | +$2.74M |
2015 Q4
0 quarters
|
|
49
CME Group
CME
$109B
| $2.72M | 0.3% |
+30,000
| New | +$2.82M |
2015 Q4
0 quarters
|
|
|
50
PPG Industries
PPG
$27B
| $2.65M | 0.29% |
26,858
-52,952
| -66% | -$5.35M |
2015 Q3
1 quarter
|
|
Similar funds
Squarepoint's Q4 2015 Portfolio in Review
As of Q4 2015, Squarepoint held 1,368 positions worth $912M, up 128% from $401M the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
Squarepoint deployed $532M of net new capital in Q4 2015, opening 980 new positions and adding to 141 existing holdings. Its largest new stake was Twenty-First Century Fox, Inc. Class A: 220,102 shares worth $5.98M.
By sector, the portfolio is most concentrated in Industrials at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Abbott, an estimated $5.85M trimmed.
- Squarepoint's largest Q4 2015 buy was Twenty-First Century Fox, Inc. Class A: 220,102 shares worth $5.98M.
- Squarepoint added most to General Dynamics in Q4 2015, an estimated $7.96M increase.
- Squarepoint's biggest Q4 2015 reduction was Abbott, cutting an estimated $5.85M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2015, selling an estimated $8.19M.
- Squarepoint's ten largest holdings make up 8.1% of its $912M portfolio in Q4 2015.
- Squarepoint opened 980 new positions and closed 147 in Q4 2015.
- Squarepoint's portfolio value rose 128% quarter-over-quarter to $912M.
Based on Squarepoint's 13F filing for Q4 2015, filed 16 Feb 2016.