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 | |
|---|---|---|---|---|---|---|---|
576
DELISTED
Exact Sciences
EXAS
| $475K | 0.03% |
38,743
-104,457
| -73% | -$787K |
2015 Q4
2 quarters
|
|
577
First Solar
FSLR
$19.6B
| $475K | 0.03% |
9,799
-29,075
| -75% | -$1.55M |
2015 Q2
4 quarters
|
|
|
MNK
578
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $473K | 0.03% |
7,784
-58,274
| -88% | -$3.56M |
2015 Q4
2 quarters
|
|
579
Liberty Global Class A
LBTYA
$2.77B
| $471K | 0.03% |
+16,195
| New | +$526K |
2016 Q2
0 quarters
|
|
580
Kirby Corp
KEX
$7.43B
| $468K | 0.03% |
7,507
-4,389
| -37% | -$287K |
2015 Q4
2 quarters
|
|
581
Open Text
OTEX
$6.42B
| $467K | 0.03% |
+15,800
| New | +$447K |
2016 Q2
0 quarters
|
|
|
TECD
582
DELISTED
Tech Data Corp
TECD
| $466K | 0.03% |
+6,481
| New | +$470K |
2016 Q2
0 quarters
|
|
|
SCAI
583
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $466K | 0.03% |
9,779
+4,500
| +85% | +$208K |
2016 Q1
1 quarter
|
|
584
Banc of California
BANC
$2.93B
| $465K | 0.03% |
+25,703
| New | +$493K |
2016 Q2
0 quarters
|
|
585
USA Today Co
TDAY
$869M
| $465K | 0.03% |
+25,728
| New | +$424K |
2016 Q2
0 quarters
|
|
|
WIN
586
DELISTED
Windstream Holdings Inc
WIN
| $458K | 0.03% |
9,880
+7,760
| +366% | +$331K |
2016 Q1
1 quarter
|
|
587
ArcelorMittal
MT
$46B
| $455K | 0.03% |
+32,567
| New | +$495K |
2016 Q2
0 quarters
|
|
588
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $454K | 0.03% |
+11,700
| New | +$487K |
2016 Q2
0 quarters
|
|
589
Dauch Corp
DCH
$1.1B
| $453K | 0.03% |
+31,268
| New | +$487K |
2016 Q2
0 quarters
|
|
590
DELISTED
Bankrate Inc
RATE
| $449K | 0.03% |
+60,038
| New | +$520K |
2016 Q2
0 quarters
|
|
591
ScottsMiracle-Gro
SMG
$3.79B
| $447K | 0.03% |
+6,392
| New | +$444K |
2016 Q2
0 quarters
|
|
|
ARGO
592
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $446K | 0.03% |
+9,875
| New | +$446K |
2016 Q2
0 quarters
|
|
593
News Corp Class B
NWS
$17.5B
| $445K | 0.03% |
38,167
+11,300
| +42% | +$141K |
2015 Q3
3 quarters
|
|
594
SITE Centers
SITC
$193M
| $444K | 0.03% |
+18,987
| New | +$429K |
2016 Q2
0 quarters
|
|
595
Marvell Technology
MRVL
$154B
| $442K | 0.03% |
+46,400
| New | +$464K |
2016 Q2
0 quarters
|
|
596
Sabre
SABR
$674M
| $442K | 0.03% |
16,500
-5,200
| -24% | -$146K |
2015 Q4
2 quarters
|
|
|
LM
597
DELISTED
Legg Mason, Inc.
LM
| $441K | 0.03% |
+14,954
| New | +$485K |
2016 Q2
0 quarters
|
|
598
DHT Holdings
DHT
$3.85B
| $440K | 0.03% |
87,443
+43,243
| +98% | +$240K |
2015 Q1
5 quarters
|
|
|
ACHN
599
DELISTED
Achillion Pharmaceuticals
ACHN
| $440K | 0.03% |
56,400
+27,300
| +94% | +$234K |
2015 Q4
2 quarters
|
|
|
TWO
600
DELISTED
Two Harbors Investment
TWO
| $439K | 0.03% |
6,417
+3,967
| +162% | +$261K |
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.