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 | |
|---|---|---|---|---|---|---|---|
|
ATH
526
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $1.92M | 0.04% |
+38,794
| New | +$1.99M |
2017 Q2
0 quarters
|
|
527
ConocoPhillips
COP
$161B
| $1.92M | 0.04% |
43,700
-309,495
| -88% | -$14.4M |
2017 Q1
1 quarter
|
|
528
Prestige Consumer Healthcare
PBH
$2.04B
| $1.92M | 0.04% |
+36,330
| New | +$1.95M |
2017 Q2
0 quarters
|
|
529
DELISTED
Tupperware Brands Corporation
TUP
| $1.92M | 0.04% |
27,268
+19,718
| +261% | +$1.37M |
2016 Q4
2 quarters
|
|
530
A.O. Smith
AOS
$8.67B
| $1.91M | 0.04% |
33,859
+21,943
| +184% | +$1.18M |
2017 Q1
1 quarter
|
|
531
Rio Tinto
RIO
$136B
| $1.91M | 0.04% |
+45,050
| New | +$1.81M |
2017 Q2
0 quarters
|
|
532
Baidu
BIDU
$27.9B
| $1.9M | 0.04% |
+10,649
| New | +$1.93M |
2017 Q2
0 quarters
|
|
533
Dentsply Sirona
XRAY
$1.89B
| $1.89M | 0.04% |
29,206
-27,587
| -49% | -$1.74M |
2015 Q4
6 quarters
|
|
534
Workday
WDAY
$46.5B
| $1.88M | 0.04% |
+19,374
| New | +$1.81M |
2017 Q2
0 quarters
|
|
535
Emcor
EME
$26.6B
| $1.87M | 0.04% |
28,656
+19,680
| +219% | +$1.27M |
2017 Q1
1 quarter
|
|
536
Wabash National
WNC
$444M
| $1.87M | 0.04% |
85,147
+33,308
| +64% | +$704K |
2016 Q4
2 quarters
|
|
537
Murphy Oil
MUR
$5.16B
| $1.86M | 0.04% |
+72,703
| New | +$1.9M |
2017 Q2
0 quarters
|
|
538
AES
AES
$10.6B
| $1.86M | 0.04% |
167,456
+92,081
| +122% | +$1.06M |
2017 Q1
1 quarter
|
|
|
HSNI
539
DELISTED
HSN, Inc.
HSNI
| $1.86M | 0.04% |
58,224
+6,791
| +13% | +$235K |
2016 Q4
2 quarters
|
|
540
Hello Group
MOMO
$661M
| $1.85M | 0.04% |
50,100
+34,258
| +216% | +$1.31M |
2017 Q1
1 quarter
|
|
541
Mohawk Industries
MHK
$8.75B
| $1.85M | 0.04% |
7,660
+2,051
| +37% | +$484K |
2015 Q3
7 quarters
|
|
542
Worthington Enterprises
WOR
$2.98B
| $1.83M | 0.04% |
59,248
-11,312
| -16% | -$303K |
2016 Q4
2 quarters
|
|
|
SBNY
543
DELISTED
Signature Bank
SBNY
| $1.82M | 0.04% |
12,711
+88
| +0.7% | +$12.5K |
2015 Q4
6 quarters
|
|
544
State Street SPDR S&P Homebuilders ETF
XHB
$1.57B
| $1.82M | 0.04% |
47,141
-15,743
| -25% | -$595K |
2016 Q1
5 quarters
|
|
545
Fiserv Inc
FISV
$33.5B
| $1.81M | 0.04% |
+29,648
| New | +$1.79M |
2017 Q2
0 quarters
|
|
546
Quanta Services
PWR
$81.5B
| $1.81M | 0.04% |
55,098
-63,688
| -54% | -$2.12M |
2017 Q1
1 quarter
|
|
|
WSTC
547
DELISTED
West Corporation
WSTC
| $1.81M | 0.04% |
+77,597
| New | +$1.85M |
2017 Q2
0 quarters
|
|
548
Arista Networks
ANET
$216B
| $1.81M | 0.04% |
193,200
-75,600
| -28% | -$685K |
2015 Q4
6 quarters
|
|
549
Ametek
AME
$52.4B
| $1.8M | 0.04% |
+29,792
| New | +$1.76M |
2017 Q2
0 quarters
|
|
550
SLM Corp
SLM
$3.18B
| $1.8M | 0.04% |
+156,888
| New | +$1.79M |
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.