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 | |
|---|---|---|---|---|---|---|---|
551
Xylem
XYL
$22.1B
| $517K | 0.03% |
+11,582
| New | +$503K |
2016 Q2
0 quarters
|
|
552
Aimco
AIV
$245M
| $511K | 0.03% |
+86,801
| New | +$480K |
2016 Q2
0 quarters
|
|
553
Southwest Airlines
LUV
$21.7B
| $511K | 0.03% |
+13,028
| New | +$558K |
2016 Q2
0 quarters
|
|
554
Church & Dwight Co
CHD
$25.8B
| $509K | 0.03% |
+9,900
| New | +$478K |
2016 Q2
0 quarters
|
|
|
EMWP
555
DELISTED
Eros Media World PLC
EMWP
| $509K | 0.03% |
+1,563
| New | +$410K |
2016 Q2
0 quarters
|
|
556
Carlisle Companies
CSL
$15.1B
| $508K | 0.03% |
4,804
-10,612
| -69% | -$1.08M |
2016 Q1
1 quarter
|
|
557
DELISTED
QUESTAR CORP
STR
| $505K | 0.03% |
19,897
-76,415
| -79% | -$1.92M |
2015 Q4
2 quarters
|
|
|
LPNT
558
DELISTED
LifePoint Health, Inc.
LPNT
| $505K | 0.03% |
7,722
-10,210
| -57% | -$694K |
2015 Q4
2 quarters
|
|
|
FRAN
559
DELISTED
Francesca's Holdings Corporation
FRAN
| $504K | 0.03% |
3,804
-6,166
| -62% | -$1.03M |
2016 Q1
1 quarter
|
|
|
PVTB
560
DELISTED
PrivateBancorp Inc
PVTB
| $504K | 0.03% |
+11,457
| New | +$467K |
2016 Q2
0 quarters
|
|
561
SiriusXM
SIRI
$10B
| $503K | 0.03% |
12,730
-8,470
| -40% | -$333K |
2015 Q4
2 quarters
|
|
562
Viatris
VTRS
$21.6B
| $503K | 0.03% |
11,622
-31,383
| -73% | -$1.39M |
2016 Q1
1 quarter
|
|
563
Universal Insurance Holdings
UVE
$1.36B
| $499K | 0.03% |
26,840
-495
| -2% | -$8.95K |
2015 Q4
2 quarters
|
|
564
Herbalife
HLF
$1.38B
| $498K | 0.03% |
+17,026
| New | +$510K |
2016 Q2
0 quarters
|
|
565
Hecla Mining
HL
$9.38B
| $497K | 0.03% |
97,500
+41,600
| +74% | +$168K |
2015 Q4
2 quarters
|
|
566
DELISTED
Tri Pointe Homes
TPH
| $497K | 0.03% |
42,083
+21,737
| +107% | +$254K |
2016 Q1
1 quarter
|
|
567
Occidental Petroleum
OXY
$61.3B
| $495K | 0.03% |
6,545
-20,154
| -75% | -$1.51M |
2016 Q1
1 quarter
|
|
568
Telefônica Brasil
VIV
$17.9B
| $494K | 0.03% |
+36,324
| New | +$438K |
2016 Q2
0 quarters
|
|
569
Strategy Inc
MSTR
$57.2B
| $493K | 0.03% |
28,140
-4,030
| -13% | -$74.2K |
2015 Q3
3 quarters
|
|
|
SSRI
570
DELISTED
Silver Standard Resources
SSRI
| $491K | 0.03% |
+37,800
| New | +$351K |
2016 Q2
0 quarters
|
|
571
DELISTED
Sage Therapeutics
SAGE
| $488K | 0.03% |
+16,200
| New | +$540K |
2016 Q2
0 quarters
|
|
572
Avery Dennison
AVY
$14.1B
| $485K | 0.03% |
+6,489
| New | +$482K |
2016 Q2
0 quarters
|
|
573
American Express
AXP
$220B
| $479K | 0.03% |
7,878
-14,847
| -65% | -$941K |
2015 Q4
2 quarters
|
|
574
Green Plains
GPRE
$983M
| $476K | 0.03% |
24,132
+6,814
| +39% | +$120K |
2016 Q1
1 quarter
|
|
|
APOL
575
DELISTED
Apollo Education Group Inc Class A
APOL
| $476K | 0.03% |
52,231
+9,529
| +22% | +$82.2K |
2015 Q4
2 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.