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 | |
|---|---|---|---|---|---|---|---|
526
AutoNation
AN
$6B
| $566K | 0.04% |
12,054
-8,033
| -40% | -$385K |
2015 Q4
2 quarters
|
|
527
SM Energy
SM
$8.91B
| $561K | 0.04% |
+20,762
| New | +$582K |
2016 Q2
0 quarters
|
|
528
Huntington Ingalls Industries
HII
$12.4B
| $559K | 0.03% |
3,328
-10,605
| -76% | -$1.61M |
2015 Q4
2 quarters
|
|
|
AYR
529
DELISTED
Aircastle Ltd
AYR
| $559K | 0.03% |
+28,558
| New | +$605K |
2016 Q2
0 quarters
|
|
530
DELISTED
Mobileye N.V.
MBLY
| $558K | 0.03% |
12,100
-3,200
| -21% | -$122K |
2016 Q1
1 quarter
|
|
531
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $548K | 0.03% |
7,400
-3,100
| -30% | -$219K |
2015 Q3
3 quarters
|
|
|
USCR
532
DELISTED
U S Concrete, Inc.
USCR
| $548K | 0.03% |
8,990
+3,060
| +52% | +$192K |
2016 Q1
1 quarter
|
|
|
OUTR
533
DELISTED
OUTERWALL INC
OUTR
| $548K | 0.03% |
13,045
-5,693
| -30% | -$231K |
2015 Q4
2 quarters
|
|
534
Baxter International
BAX
$12.5B
| $546K | 0.03% |
12,070
-11,709
| -49% | -$514K |
2015 Q3
3 quarters
|
|
535
Diversified Healthcare Trust
DHC
$1.87B
| $541K | 0.03% |
25,990
+9,549
| +58% | +$178K |
2016 Q1
1 quarter
|
|
536
EPR Properties
EPR
$4.57B
| $538K | 0.03% |
6,674
-3,910
| -37% | -$275K |
2016 Q1
1 quarter
|
|
537
SL Green Realty
SLG
$3.58B
| $536K | 0.03% |
5,199
-6,339
| -55% | -$623K |
2015 Q4
2 quarters
|
|
538
VNET Group
VNET
$856M
| $536K | 0.03% |
+52,500
| New | +$838K |
2016 Q2
0 quarters
|
|
539
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $536K | 0.03% |
+15,562
| New | +$431K |
2016 Q2
0 quarters
|
|
540
Assured Guaranty
AGO
$3.16B
| $532K | 0.03% |
+20,964
| New | +$540K |
2016 Q2
0 quarters
|
|
541
Microsoft
MSFT
$3.77T
| $530K | 0.03% |
10,361
-79,749
| -89% | -$4.14M |
2016 Q1
1 quarter
|
|
542
DELISTED
IHS INC CL-A COM STK
IHS
| $527K | 0.03% |
+4,561
| New | +$547K |
2016 Q2
0 quarters
|
|
543
Trinity Industries
TRN
$2.38B
| $526K | 0.03% |
+39,328
| New | +$520K |
2016 Q2
0 quarters
|
|
544
BWX Technologies
BWXT
$12B
| $525K | 0.03% |
+14,690
| New | +$503K |
2016 Q2
0 quarters
|
|
545
Prothena Corp
PRTA
$426M
| $524K | 0.03% |
+15,000
| New | +$653K |
2016 Q2
0 quarters
|
|
546
Watsco Inc
WSO
$13.2B
| $522K | 0.03% |
3,713
-5,288
| -59% | -$710K |
2015 Q4
2 quarters
|
|
547
DELISTED
Sprint Corporation
S
| $522K | 0.03% |
+115,300
| New | +$427K |
2016 Q2
0 quarters
|
|
548
Douglas Emmett
DEI
$1.7B
| $521K | 0.03% |
14,668
-9,413
| -39% | -$310K |
2016 Q1
1 quarter
|
|
549
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $520K | 0.03% |
+5,133
| New | +$636K |
2016 Q2
0 quarters
|
|
|
ZAYO
550
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $519K | 0.03% |
+18,600
| New | +$495K |
2016 Q2
0 quarters
|
|
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.