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
|
+$63.7M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$28.6M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$21.7M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$21.4M |
| 5 |
Conagra Brands
CAG
|
+$19.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$228M |
| 2 |
American International
AIG
|
+$18M |
| 3 |
EMC CORPORATION
EMC
|
+$14.6M |
| 4 |
General Dynamics
GD
|
+$14.4M |
| 5 |
PepsiCo
PEP
|
+$12.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 19.37% |
| 2 | Technology | 11.95% |
| 3 | Healthcare | 11.5% |
| 4 | Industrials | 10.87% |
| 5 | Consumer Discretionary | 10.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
476
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $653K | 0.04% |
+15,529
| New | +$706K |
2016 Q3
0 quarters
|
|
|
MXIM
477
DELISTED
Maxim Integrated Products
MXIM
| $651K | 0.04% |
16,314
+8,714
| +115% | +$344K |
2016 Q2
1 quarter
|
|
478
Western Union
WU
$2.1B
| $648K | 0.04% |
31,127
-11,012
| -26% | -$226K |
2015 Q4
3 quarters
|
|
479
Columbia Sportswear
COLM
$3.7B
| $647K | 0.04% |
+11,403
| New | +$651K |
2016 Q3
0 quarters
|
|
480
MSC Industrial Direct
MSM
$6.62B
| $646K | 0.04% |
+8,794
| New | +$639K |
2016 Q3
0 quarters
|
|
481
Mid-America Apartment Communities
MAA
$13.7B
| $643K | 0.04% |
+6,846
| New | +$683K |
2016 Q3
0 quarters
|
|
|
UNT
482
DELISTED
UNIT Corporation
UNT
| $639K | 0.04% |
+34,377
| New | +$530K |
2016 Q3
0 quarters
|
|
483
Yelp
YELP
$1.11B
| $634K | 0.04% |
15,209
+7,735
| +103% | +$271K |
2016 Q2
1 quarter
|
|
484
FirstEnergy
FE
$27.2B
| $633K | 0.04% |
19,147
-126,141
| -87% | -$4.29M |
2015 Q4
3 quarters
|
|
485
Exelixis
EXEL
$16.8B
| $632K | 0.04% |
49,400
+27,400
| +125% | +$296K |
2015 Q4
3 quarters
|
|
486
Jack in the Box
JACK
$283M
| $632K | 0.04% |
6,588
-4,556
| -41% | -$432K |
2016 Q1
2 quarters
|
|
|
CHS
487
DELISTED
Chicos FAS, Inc.
CHS
| $630K | 0.04% |
+52,907
| New | +$626K |
2016 Q3
0 quarters
|
|
488
General Mills
GIS
$18.4B
| $628K | 0.04% |
+9,834
| New | +$684K |
2016 Q3
0 quarters
|
|
489
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $628K | 0.04% |
8,971
-2,729
| -23% | -$151K |
2016 Q2
1 quarter
|
|
490
Scorpio Tankers
STNG
$4.24B
| $627K | 0.04% |
13,546
+10,416
| +333% | +$501K |
2016 Q2
1 quarter
|
|
|
LPT
491
DELISTED
Liberty Property Trust
LPT
| $623K | 0.04% |
+15,437
| New | +$624K |
2016 Q3
0 quarters
|
|
492
Children's Place
PLCE
$6.34M
| $621K | 0.04% |
7,771
-185
| -2% | -$15.2K |
2015 Q4
3 quarters
|
|
|
AGN
493
DELISTED
Allergan plc
AGN
| $620K | 0.04% |
2,692
-16,057
| -86% | -$3.92M |
2016 Q1
2 quarters
|
|
494
RH
RH
$2.45B
| $617K | 0.04% |
17,838
-4,521
| -20% | -$144K |
2016 Q2
1 quarter
|
|
495
Casey's General Stores
CASY
$26.3B
| $615K | 0.04% |
5,119
-3,368
| -40% | -$434K |
2016 Q1
2 quarters
|
|
496
Murphy USA
MUSA
$9.8B
| $608K | 0.04% |
8,524
+4,434
| +108% | +$331K |
2016 Q1
2 quarters
|
|
|
ZNGA
497
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $608K | 0.04% |
+209,047
| New | +$583K |
2016 Q3
0 quarters
|
|
|
HZNP
498
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $607K | 0.04% |
+33,500
| New | +$654K |
2016 Q3
0 quarters
|
|
499
iShares MSCI Malaysia ETF
EWM
$245M
| $596K | 0.04% |
+18,367
| New | +$606K |
2016 Q3
0 quarters
|
|
500
Helen of Troy
HELE
$873M
| $594K | 0.04% |
+6,889
| New | +$646K |
2016 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2016 Portfolio in Review
As of Q3 2016, Squarepoint held 1,524 positions worth $1.51B, down 6% from $1.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Squarepoint withdrew a net $125M in Q3 2016, closing 544 positions and reducing 270 holdings. Its most notable exit was EMC CORPORATION, an estimated $14.6M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 19% of assets, down from 22% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Squarepoint opened a new position in State Street SPDR S&P 500 ETF Trust worth $63.7M.
- Squarepoint's largest Q3 2016 buy was State Street SPDR S&P 500 ETF Trust: 294,609 shares worth $63.7M.
- Squarepoint added most to Bristol-Myers Squibb in Q3 2016, an estimated $21.4M increase.
- Squarepoint's biggest Q3 2016 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $228M.
- Squarepoint fully exited EMC CORPORATION in Q3 2016, selling an estimated $14.6M.
- Squarepoint's ten largest holdings make up 15% of its $1.51B portfolio in Q3 2016.
- Squarepoint opened 456 new positions and closed 544 in Q3 2016.
- Squarepoint's portfolio value fell 6% quarter-over-quarter to $1.51B.
Based on Squarepoint's 13F filing for Q3 2016, filed 15 Nov 2016.