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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
551
Timken Company
TKR
$7.48B
| $1.72M | 0.03% |
35,377
+4,985
| +16% | +$230K |
2015 Q2
9 quarters
|
|
552
Silgan Holdings
SLGN
$4.32B
| $1.71M | 0.03% |
58,096
+25,675
| +79% | +$780K |
2016 Q4
3 quarters
|
|
553
Brunswick
BC
$4.89B
| $1.7M | 0.03% |
+30,366
| New | +$1.7M |
2017 Q3
0 quarters
|
|
554
Ryder
R
$10.8B
| $1.69M | 0.03% |
20,033
-9,388
| -32% | -$711K |
2017 Q2
1 quarter
|
|
|
AKS
555
DELISTED
AK Steel Holding Corp
AKS
| $1.69M | 0.03% |
+302,550
| New | +$1.73M |
2017 Q3
0 quarters
|
|
556
Petrobras
PBR
$118B
| $1.69M | 0.03% |
168,258
+63,127
| +60% | +$573K |
2017 Q1
2 quarters
|
|
557
Petrobras Class A
PBR.A
$103B
| $1.67M | 0.03% |
+172,800
| New | +$1.51M |
2017 Q3
0 quarters
|
|
|
ESL
558
DELISTED
Esterline Technologies
ESL
| $1.67M | 0.03% |
18,519
+12,156
| +191% | +$1.1M |
2017 Q2
1 quarter
|
|
559
Covista Inc
CVSA
$3.93B
| $1.67M | 0.03% |
46,480
+27,793
| +149% | +$950K |
2017 Q2
1 quarter
|
|
560
DELISTED
Avanos Medical
AVNS
| $1.66M | 0.03% |
36,871
+21,338
| +137% | +$911K |
2016 Q4
3 quarters
|
|
561
PVH
PVH
$4.31B
| $1.66M | 0.03% |
13,147
+2,147
| +20% | +$262K |
2015 Q3
8 quarters
|
|
|
PBCT
562
DELISTED
People's United Financial Inc
PBCT
| $1.65M | 0.03% |
91,167
-29,837
| -25% | -$515K |
2016 Q3
4 quarters
|
|
563
Newmont
NEM
$118B
| $1.64M | 0.03% |
43,848
-1,363
| -3% | -$49.5K |
2015 Q4
7 quarters
|
|
564
Dave & Buster's
PLAY
$279M
| $1.64M | 0.03% |
+31,353
| New | +$1.86M |
2017 Q3
0 quarters
|
|
565
DELISTED
Coterra Energy
CTRA
| $1.64M | 0.03% |
+61,346
| New | +$1.56M |
2017 Q3
0 quarters
|
|
566
Gaming and Leisure Properties
GLPI
$11.4B
| $1.64M | 0.03% |
+44,400
| New | +$1.68M |
2017 Q3
0 quarters
|
|
|
CBI
567
DELISTED
Chicago Bridge & Iron Nv
CBI
| $1.63M | 0.03% |
+97,110
| New | +$1.49M |
2017 Q3
0 quarters
|
|
568
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.62M | 0.03% |
61,510
+11,244
| +22% | +$297K |
2017 Q1
2 quarters
|
|
569
Navient Holdings, Inc. Common Stock
NAVI
$584M
| $1.62M | 0.03% |
107,813
+77,121
| +251% | +$1.12M |
2015 Q4
7 quarters
|
|
570
MiMedx Group
MDXG
$468M
| $1.61M | 0.03% |
+135,650
| New | +$2.01M |
2017 Q3
0 quarters
|
|
571
Advanced Micro Devices
AMD
$876B
| $1.6M | 0.03% |
+125,065
| New | +$1.63M |
2017 Q3
0 quarters
|
|
572
TransDigm Group
TDG
$66.5B
| $1.58M | 0.03% |
+6,170
| New | +$1.67M |
2017 Q3
0 quarters
|
|
573
ASML
ASML
$576B
| $1.58M | 0.03% |
+9,200
| New | +$1.41M |
2017 Q3
0 quarters
|
|
574
Valvoline
VVV
$4.42B
| $1.57M | 0.03% |
67,120
-169,426
| -72% | -$3.8M |
2017 Q2
1 quarter
|
|
575
Howard Hughes
HHH
$4.96B
| $1.57M | 0.03% |
+13,945
| New | +$1.59M |
2017 Q3
0 quarters
|
|
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Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.