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 | |
|---|---|---|---|---|---|---|---|
501
Element Solutions
ESI
$8.12B
| $2.12M | 0.04% |
167,426
+144,126
| +619% | +$1.88M |
2016 Q4
2 quarters
|
|
502
New Oriental
EDU
$8.15B
| $2.12M | 0.04% |
30,082
+23,575
| +362% | +$1.62M |
2017 Q1
1 quarter
|
|
503
FMC
FMC
$823M
| $2.12M | 0.04% |
33,460
-47,654
| -59% | -$3.07M |
2017 Q1
1 quarter
|
|
504
Ryder
R
$10.7B
| $2.12M | 0.04% |
+29,421
| New | +$2.04M |
2017 Q2
0 quarters
|
|
505
Alnylam Pharmaceuticals
ALNY
$21.3B
| $2.12M | 0.04% |
26,530
+15,730
| +146% | +$1.01M |
2016 Q3
3 quarters
|
|
506
Huntington Bancshares
HBAN
$31.7B
| $2.1M | 0.04% |
155,445
+91,881
| +145% | +$1.19M |
2016 Q2
4 quarters
|
|
507
lululemon athletica
LULU
$12.1B
| $2.09M | 0.04% |
35,100
+683
| +2% | +$35.6K |
2016 Q4
2 quarters
|
|
|
UFS
508
DELISTED
DOMTAR CORPORATION (New)
UFS
| $2.09M | 0.04% |
+54,302
| New | +$2.04M |
2017 Q2
0 quarters
|
|
|
TAHO
509
DELISTED
Tahoe Resources Inc
TAHO
| $2.08M | 0.04% |
241,514
+27,567
| +13% | +$240K |
2016 Q4
2 quarters
|
|
510
Thor Industries
THO
$4.01B
| $2.06M | 0.04% |
19,728
+16,752
| +563% | +$1.62M |
2015 Q4
6 quarters
|
|
511
Public Service Enterprise Group
PEG
$37.5B
| $2.06M | 0.04% |
47,900
-96,688
| -67% | -$4.27M |
2017 Q1
1 quarter
|
|
512
Pediatrix Medical
MD
$2.46B
| $2.03M | 0.04% |
+33,700
| New | +$2M |
2017 Q2
0 quarters
|
|
|
ETFC
513
DELISTED
E*Trade Financial Corporation
ETFC
| $2.03M | 0.04% |
53,476
-25,437
| -32% | -$900K |
2016 Q4
2 quarters
|
|
514
MDU Resources
MDU
$4.19B
| $2.03M | 0.04% |
+203,745
| New | +$2.08M |
2017 Q2
0 quarters
|
|
|
SWFT
515
DELISTED
Swift Transportation Company
SWFT
| $2.01M | 0.04% |
+75,806
| New | +$1.83M |
2017 Q2
0 quarters
|
|
516
Puma Biotechnology
PBYI
$420M
| $2M | 0.04% |
22,934
+171
| +0.8% | +$9.6K |
2016 Q3
3 quarters
|
|
517
AXIS Capital
AXS
$7.78B
| $2M | 0.04% |
30,888
+16,440
| +114% | +$1.07M |
2016 Q4
2 quarters
|
|
518
DELISTED
Supernus Pharmaceuticals
SUPN
| $2M | 0.04% |
46,307
+3,156
| +7% | +$112K |
2016 Q4
2 quarters
|
|
519
Darling Ingredients
DAR
$8.53B
| $1.99M | 0.04% |
126,167
+59,357
| +89% | +$917K |
2015 Q4
6 quarters
|
|
520
FerroAtlántica
GSM
$570M
| $1.98M | 0.04% |
+166,060
| New | +$1.68M |
2017 Q2
0 quarters
|
|
|
VAR
521
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.98M | 0.04% |
19,157
+14,590
| +319% | +$1.41M |
2016 Q4
2 quarters
|
|
522
DELISTED
Vital Energy
VTLE
| $1.96M | 0.04% |
9,313
+6,102
| +190% | +$1.5M |
2016 Q4
2 quarters
|
|
523
Graphic Packaging
GPK
$3.22B
| $1.96M | 0.04% |
142,106
+38,406
| +37% | +$515K |
2016 Q4
2 quarters
|
|
524
DELISTED
Janus Henderson
JHG
| $1.95M | 0.04% |
+58,800
| New | +$1.92M |
2017 Q2
0 quarters
|
|
|
CCMP
525
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $1.93M | 0.04% |
+26,162
| New | +$1.98M |
2017 Q2
0 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.