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 500 ETF Trust
SPY
|
+$673M |
| 2 |
Nike
NKE
|
+$81.8M |
| 3 |
TJX Companies
TJX
|
+$80M |
| 4 |
AGN
Allergan plc
AGN
|
+$77.5M |
| 5 |
Philip Morris
PM
|
+$68.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck Gold Miners ETF
GDX
|
+$81M |
| 2 |
Booking.com
BKNG
|
+$51.7M |
| 3 |
McDonald's
MCD
|
+$49.9M |
| 4 |
Capri Holdings
CPRI
|
+$47.2M |
| 5 |
UnitedHealth
UNH
|
+$45.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 16.23% |
| 2 | Miscellaneous | 13.25% |
| 3 | Technology | 13.03% |
| 4 | Industrials | 11.24% |
| 5 | Healthcare | 11.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Rockwell Automation
ROK
$44.9B
| $35.2M | 0.41% |
233,585
+143,140
| +158% | +$23.9M |
2017 Q1
7 quarters
|
|
27
VanEck Junior Gold Miners ETF
GDXJ
$7.31B
| $34.9M | 0.41% |
+1,155,690
| New | +$32.5M |
2018 Q4
0 quarters
|
|
28
Cognizant
CTSH
$28.5B
| $34.7M | 0.4% |
547,052
+350,792
| +179% | +$24.4M |
2017 Q2
6 quarters
|
|
29
iShares MSCI Taiwan ETF
EWT
$10.2B
| $34.1M | 0.4% |
1,077,814
-1,260,980
| -54% | -$41.9M |
2018 Q1
3 quarters
|
|
30
Progressive
PGR
$136B
| $33.8M | 0.39% |
559,917
+485,704
| +654% | +$32.3M |
2018 Q1
3 quarters
|
|
31
Automatic Data Processing
ADP
$122B
| $33M | 0.38% |
+251,741
| New | +$35.5M |
2018 Q4
0 quarters
|
|
32
Dollar Tree
DLTR
$26.5B
| $32.9M | 0.38% |
364,065
-34,412
| -9% | -$2.91M |
2016 Q3
9 quarters
|
|
33
H&R Block
HRB
$6.17B
| $32.6M | 0.38% |
+1,284,875
| New | +$34.3M |
2018 Q4
0 quarters
|
|
34
State Street Technology Select Sector SPDR ETF
XLK
$113B
| $31.1M | 0.36% |
1,003,054
+273,822
| +38% | +$9.26M |
2018 Q3
1 quarter
|
|
35
Lockheed Martin
LMT
$140B
| $30.7M | 0.36% |
117,285
+100,833
| +613% | +$30.6M |
2017 Q2
6 quarters
|
|
36
Wayfair
W
$15.3B
| $30.7M | 0.36% |
340,560
+161,687
| +90% | +$17M |
2018 Q2
2 quarters
|
|
37
GoDaddy
GDDY
$13.6B
| $30.7M | 0.36% |
467,189
+397,189
| +567% | +$27.2M |
2018 Q2
2 quarters
|
|
|
ETFC
38
DELISTED
E*Trade Financial Corporation
ETFC
| $30.6M | 0.36% |
696,587
+657,825
| +1,697% | +$32.2M |
2018 Q2
2 quarters
|
|
39
Textron
TXT
$14.3B
| $30.3M | 0.35% |
659,807
+591,990
| +873% | +$33.3M |
2018 Q3
1 quarter
|
|
40
JPMorgan Chase
JPM
$910B
| $30.1M | 0.35% |
308,443
+199,239
| +182% | +$21.2M |
2016 Q4
8 quarters
|
|
41
Gilead Sciences
GILD
$208B
| $30.1M | 0.35% |
+480,724
| New | +$33.6M |
2018 Q4
0 quarters
|
|
|
CELG
42
DELISTED
Celgene Corp
CELG
| $29.4M | 0.34% |
458,871
+337,381
| +278% | +$24.9M |
2017 Q4
4 quarters
|
|
43
Yum! Brands
YUM
$42.7B
| $29M | 0.34% |
315,403
+116,572
| +59% | +$10.4M |
2018 Q2
2 quarters
|
|
44
Colgate-Palmolive
CL
$77.8B
| $28.4M | 0.33% |
476,764
+444,170
| +1,363% | +$27.8M |
2016 Q4
8 quarters
|
|
45
Equinix
EQIX
$106B
| $28M | 0.33% |
79,492
+74,491
| +1,490% | +$29M |
2018 Q3
1 quarter
|
|
46
Adobe
ADBE
$92.8B
| $27.8M | 0.32% |
122,673
+72,824
| +146% | +$17.6M |
2018 Q3
1 quarter
|
|
47
Trane Technologies
TT
$92.8B
| $27.8M | 0.32% |
304,174
+226,589
| +292% | +$22.3M |
2018 Q3
1 quarter
|
|
48
United Airlines
UAL
$36.1B
| $27.7M | 0.32% |
330,589
+286,389
| +648% | +$25.2M |
2018 Q3
1 quarter
|
|
49
Ollie's Bargain Outlet
OLLI
$5.63B
| $27.3M | 0.32% |
410,190
+310,043
| +310% | +$25.8M |
2018 Q3
1 quarter
|
|
50
ConocoPhillips
COP
$166B
| $27.2M | 0.32% |
436,303
-137,970
| -24% | -$9.39M |
2017 Q1
7 quarters
|
|
Similar funds
Squarepoint's Q4 2018 Portfolio in Review
As of Q4 2018, Squarepoint held 2,491 positions worth $8.59B, up 2.8% from $8.36B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.64B of net new capital in Q4 2018, opening 547 new positions and adding to 768 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 2,496,342 shares worth $624M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, down from 19% a quarter earlier, followed by Miscellaneous and Technology.
On the sell side, the largest reduction was McDonald's, an estimated $49.9M trimmed.
- Squarepoint's largest Q4 2018 buy was State Street SPDR S&P 500 ETF Trust: 2,496,342 shares worth $624M.
- Squarepoint added most to TJX Companies in Q4 2018, an estimated $80M increase.
- Squarepoint's biggest Q4 2018 reduction was McDonald's, cutting an estimated $49.9M.
- Squarepoint fully exited VanEck Gold Miners ETF in Q4 2018, selling an estimated $81M.
- Squarepoint's ten largest holdings make up 16% of its $8.59B portfolio in Q4 2018.
- Squarepoint opened 547 new positions and closed 600 in Q4 2018.
- Squarepoint's portfolio value rose 2.8% quarter-over-quarter to $8.59B.
Based on Squarepoint's 13F filing for Q4 2018, filed 14 Feb 2019.