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 MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
501
HEICO Corp Class A
HEI.A
$33.4B
| $624K | 0.04% |
+28,398
| New | +$600K |
2016 Q2
0 quarters
|
|
502
NRG Energy
NRG
$20.2B
| $623K | 0.04% |
41,553
+27,726
| +201% | +$411K |
2015 Q3
3 quarters
|
|
503
Meta Platforms (Facebook)
META
$1.6T
| $622K | 0.04% |
+5,440
| New | +$627K |
2016 Q2
0 quarters
|
|
|
QEP
504
DELISTED
QEP RESOURCES, INC.
QEP
| $622K | 0.04% |
35,260
-79,423
| -69% | -$1.37M |
2016 Q1
1 quarter
|
|
505
LCI Industries
LCII
$2.41B
| $621K | 0.04% |
+7,321
| New | +$527K |
2016 Q2
0 quarters
|
|
506
Spectrum Brands
SPB
$1.92B
| $620K | 0.04% |
5,200
-1,700
| -25% | -$195K |
2015 Q4
2 quarters
|
|
507
Kimco Realty
KIM
$16.3B
| $617K | 0.04% |
19,667
-41,937
| -68% | -$1.21M |
2015 Q4
2 quarters
|
|
508
Oceaneering
OII
$4.07B
| $617K | 0.04% |
20,671
+7,693
| +59% | +$251K |
2015 Q4
2 quarters
|
|
509
Four Corners Property Trust
FCPT
$2.47B
| $614K | 0.04% |
29,831
-17,634
| -37% | -$334K |
2015 Q4
2 quarters
|
|
510
Visteon
VC
$1.81B
| $609K | 0.04% |
+9,246
| New | +$691K |
2016 Q2
0 quarters
|
|
|
EBIX
511
DELISTED
Ebix Inc
EBIX
| $606K | 0.04% |
12,642
+6,557
| +108% | +$301K |
2016 Q1
1 quarter
|
|
512
U-Haul Holding Co
UHAL
$11.2B
| $604K | 0.04% |
16,130
+5,130
| +47% | +$185K |
2015 Q4
2 quarters
|
|
513
Aptiv
APTV
$9.12B
| $601K | 0.04% |
+9,598
| New | +$671K |
2016 Q2
0 quarters
|
|
|
PNK
514
DELISTED
Pinnacle Entertainment Inc.
PNK
| $593K | 0.04% |
53,532
+41,727
| +353% | +$806K |
2015 Q4
2 quarters
|
|
515
First Horizon
FHN
$11B
| $591K | 0.04% |
+42,860
| New | +$594K |
2016 Q2
0 quarters
|
|
|
OCLR
516
DELISTED
Oclaro Inc.
OCLR
| $591K | 0.04% |
121,200
+42,800
| +55% | +$213K |
2015 Q4
2 quarters
|
|
|
SONC
517
DELISTED
Sonic Corp
SONC
| $591K | 0.04% |
21,864
-3,143
| -13% | -$100K |
2016 Q1
1 quarter
|
|
518
Cogent Communications
CCOI
$345M
| $587K | 0.04% |
+14,652
| New | +$575K |
2016 Q2
0 quarters
|
|
519
Crown Holdings
CCK
$12.9B
| $583K | 0.04% |
+11,513
| New | +$602K |
2016 Q2
0 quarters
|
|
520
DELISTED
Education Realty Trust Inc
EDR
| $583K | 0.04% |
+12,626
| New | +$530K |
2016 Q2
0 quarters
|
|
521
McCormick & Company Non-Voting
MKC
$12.7B
| $574K | 0.04% |
10,764
+1,184
| +12% | +$57.8K |
2016 Q1
1 quarter
|
|
522
Arista Networks
ANET
$213B
| $573K | 0.04% |
142,400
+3,200
| +2% | +$13.6K |
2015 Q4
2 quarters
|
|
523
DELISTED
Webster Financial
WBS
| $572K | 0.04% |
16,851
+4,931
| +41% | +$180K |
2016 Q1
1 quarter
|
|
524
La-Z-Boy
LZB
$1.22B
| $569K | 0.04% |
20,460
+12,630
| +161% | +$331K |
2016 Q1
1 quarter
|
|
525
DELISTED
Kennedy-Wilson Holdings
KW
| $567K | 0.04% |
29,886
+17,786
| +147% | +$368K |
2016 Q1
1 quarter
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.