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 | |
|---|---|---|---|---|---|---|---|
551
Travel + Leisure Co
TNL
$4.54B
| $1.79M | 0.04% |
39,562
-153,083
| -79% | -$6.64M |
2015 Q1
9 quarters
|
|
552
DELISTED
Sprint Corporation
S
| $1.79M | 0.04% |
217,783
-253,545
| -54% | -$2.11M |
2016 Q2
4 quarters
|
|
553
DNOW Inc
DNOW
$2.39B
| $1.79M | 0.04% |
111,086
-50,215
| -31% | -$855K |
2016 Q4
2 quarters
|
|
554
RH
RH
$2.48B
| $1.79M | 0.04% |
+27,676
| New | +$1.46M |
2017 Q2
0 quarters
|
|
555
Regal Rexnord
RRX
$11.3B
| $1.79M | 0.04% |
21,897
+982
| +5% | +$77.6K |
2016 Q1
5 quarters
|
|
|
AGN
556
DELISTED
Allergan plc
AGN
| $1.78M | 0.04% |
+7,317
| New | +$1.72M |
2017 Q2
0 quarters
|
|
557
DELISTED
Assertio
ASRT
| $1.77M | 0.03% |
2,745
+1,018
| +59% | +$679K |
2015 Q4
6 quarters
|
|
558
UDR
UDR
$11.6B
| $1.76M | 0.03% |
45,262
+24,515
| +118% | +$933K |
2017 Q1
1 quarter
|
|
559
Landstar System
LSTR
$4.83B
| $1.75M | 0.03% |
20,426
-12,684
| -38% | -$1.07M |
2016 Q4
2 quarters
|
|
560
Invesco
IVZ
$11.9B
| $1.75M | 0.03% |
49,607
-95,280
| -66% | -$3.11M |
2015 Q2
8 quarters
|
|
561
Xerox
XRX
$143M
| $1.74M | 0.03% |
60,660
-61,966
| -51% | -$1.75M |
2015 Q1
9 quarters
|
|
562
Aecom
ACM
$8.59B
| $1.73M | 0.03% |
53,437
+31,577
| +144% | +$1.05M |
2016 Q3
3 quarters
|
|
563
Rockwell Automation
ROK
$41.7B
| $1.72M | 0.03% |
10,622
-29,349
| -73% | -$4.63M |
2017 Q1
1 quarter
|
|
564
DELISTED
Eaton Vance Corp.
EV
| $1.7M | 0.03% |
+36,025
| New | +$1.64M |
2017 Q2
0 quarters
|
|
565
Camden Property Trust
CPT
$11.5B
| $1.7M | 0.03% |
19,852
+13,664
| +221% | +$1.14M |
2016 Q4
2 quarters
|
|
566
Boeing
BA
$137B
| $1.7M | 0.03% |
8,580
-70,452
| -89% | -$13.1M |
2016 Q4
2 quarters
|
|
567
Berkshire Hathaway Class B
BRK.B
$1.22T
| $1.69M | 0.03% |
9,967
-94,487
| -90% | -$15.7M |
2016 Q3
3 quarters
|
|
568
MarketAxess Holdings
MKTX
$5.83B
| $1.68M | 0.03% |
8,371
-5,470
| -40% | -$1.05M |
2017 Q1
1 quarter
|
|
569
Henry Schein
HSIC
$9.5B
| $1.68M | 0.03% |
23,429
-5,710
| -20% | -$398K |
2016 Q3
3 quarters
|
|
570
iShares MSCI Chile ETF
ECH
$812M
| $1.68M | 0.03% |
40,243
+11,971
| +42% | +$519K |
2016 Q4
2 quarters
|
|
571
Jazz Pharmaceuticals
JAZZ
$15.1B
| $1.67M | 0.03% |
+10,765
| New | +$1.65M |
2017 Q2
0 quarters
|
|
572
PUT
iShares Global Comm Services ETF
IXP
$454M
| $1.67M | 0.03% |
+28,500
| New | +$1.7M |
2017 Q2
0 quarters
|
|
573
American Water Works
AWK
$29.9B
| $1.66M | 0.03% |
21,260
-24,185
| -53% | -$1.9M |
2016 Q3
3 quarters
|
|
574
Clorox
CLX
$12.1B
| $1.66M | 0.03% |
12,421
-764
| -6% | -$103K |
2017 Q1
1 quarter
|
|
575
Synchrony
SYF
$24B
| $1.66M | 0.03% |
55,500
-309,289
| -85% | -$9.17M |
2017 Q1
1 quarter
|
|
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.