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 | |
|---|---|---|---|---|---|---|---|
476
Healthcare Realty
HR
$6.49B
| $2.32M | 0.05% |
+74,514
| New | +$2.35M |
2017 Q2
0 quarters
|
|
|
LVLT
477
DELISTED
Level 3 Communications Inc
LVLT
| $2.31M | 0.05% |
+39,002
| New | +$2.35M |
2017 Q2
0 quarters
|
|
478
Dick's Sporting Goods
DKS
$14.5B
| $2.31M | 0.05% |
+57,978
| New | +$2.61M |
2017 Q2
0 quarters
|
|
|
AABA
479
DELISTED
Altaba Inc
AABA
| $2.3M | 0.05% |
+42,227
| New | +$2.3M |
2017 Q2
0 quarters
|
|
480
Terex
TEX
$6.47B
| $2.3M | 0.05% |
+61,214
| New | +$2.07M |
2017 Q2
0 quarters
|
|
481
Monster Beverage
MNST
$89.5B
| $2.29M | 0.05% |
184,124
-771,100
| -81% | -$9.29M |
2017 Q1
1 quarter
|
|
482
ScottsMiracle-Gro
SMG
$3.68B
| $2.27M | 0.04% |
25,374
-28,748
| -53% | -$2.59M |
2016 Q2
4 quarters
|
|
483
Old Dominion Freight Line
ODFL
$35.3B
| $2.26M | 0.04% |
71,022
+46,950
| +195% | +$1.38M |
2017 Q1
1 quarter
|
|
484
Nokia
NOK
$47.1B
| $2.25M | 0.04% |
364,993
+312,256
| +592% | +$1.87M |
2017 Q1
1 quarter
|
|
485
Etsy
ETSY
$7.68B
| $2.24M | 0.04% |
+149,563
| New | +$1.86M |
2017 Q2
0 quarters
|
|
|
VR
486
DELISTED
Validus Hold Ltd
VR
| $2.24M | 0.04% |
43,112
+39,169
| +993% | +$2.11M |
2015 Q4
6 quarters
|
|
487
Annaly Capital Management
NLY
$14B
| $2.23M | 0.04% |
46,183
+23,933
| +108% | +$1.13M |
2016 Q3
3 quarters
|
|
|
ACC
488
DELISTED
American Campus Communities, Inc.
ACC
| $2.22M | 0.04% |
46,860
+38,790
| +481% | +$1.85M |
2017 Q1
1 quarter
|
|
489
Tyson Foods
TSN
$20.8B
| $2.21M | 0.04% |
35,249
-215,095
| -86% | -$13.2M |
2015 Q4
6 quarters
|
|
|
MNK
490
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $2.21M | 0.04% |
49,253
+40,643
| +472% | +$1.78M |
2015 Q4
6 quarters
|
|
491
Capri Holdings
CPRI
$2.13B
| $2.2M | 0.04% |
60,768
-283,655
| -82% | -$10.3M |
2015 Q4
6 quarters
|
|
492
Centene
CNC
$34.8B
| $2.2M | 0.04% |
55,058
-170,618
| -76% | -$6.44M |
2017 Q1
1 quarter
|
|
493
DELISTED
Light & Wonder
LNW
| $2.19M | 0.04% |
84,068
-34,562
| -29% | -$822K |
2015 Q4
6 quarters
|
|
494
LyondellBasell Industries
LYB
$20.7B
| $2.19M | 0.04% |
26,000
-49,739
| -66% | -$4.13M |
2016 Q4
2 quarters
|
|
495
InterDigital
IDCC
$7.61B
| $2.18M | 0.04% |
28,241
-16,244
| -37% | -$1.36M |
2015 Q3
7 quarters
|
|
|
TECD
496
DELISTED
Tech Data Corp
TECD
| $2.16M | 0.04% |
+21,370
| New | +$2.06M |
2017 Q2
0 quarters
|
|
|
FTR
497
DELISTED
Frontier Communications Corp.
FTR
| $2.14M | 0.04% |
123,223
-84,970
| -41% | -$1.95M |
2017 Q1
1 quarter
|
|
498
DELISTED
Marathon Oil Corporation
MRO
| $2.14M | 0.04% |
180,872
+161,671
| +842% | +$2.26M |
2015 Q4
6 quarters
|
|
|
PBCT
499
DELISTED
People's United Financial Inc
PBCT
| $2.14M | 0.04% |
121,004
-342,702
| -74% | -$5.96M |
2016 Q3
3 quarters
|
|
|
TWO
500
DELISTED
Two Harbors Investment
TWO
| $2.13M | 0.04% |
26,852
+23,312
| +659% | +$1.86M |
2016 Q4
2 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.