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 | |
|---|---|---|---|---|---|---|---|
|
NSR
576
DELISTED
Neustar Inc
NSR
| $1.65M | 0.03% |
49,597
-19,395
| -28% | -$644K |
2016 Q3
3 quarters
|
|
577
Bruker
BRKR
$9.36B
| $1.65M | 0.03% |
57,107
+21,107
| +59% | +$543K |
2016 Q4
2 quarters
|
|
578
iShares MSCI Philippines ETF
EPHE
$144M
| $1.64M | 0.03% |
45,905
-5,136
| -10% | -$187K |
2016 Q3
3 quarters
|
|
579
DELISTED
WW International
WW
| $1.64M | 0.03% |
+49,156
| New | +$1.19M |
2017 Q2
0 quarters
|
|
580
Gen Digital
GEN
$17.7B
| $1.63M | 0.03% |
+57,751
| New | +$1.75M |
2017 Q2
0 quarters
|
|
581
Crown Castle
CCI
$37.7B
| $1.63M | 0.03% |
+16,243
| New | +$1.6M |
2017 Q2
0 quarters
|
|
582
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.11B
| $1.62M | 0.03% |
+42,072
| New | +$1.61M |
2017 Q2
0 quarters
|
|
583
Brixmor Property Group
BRX
$9.21B
| $1.61M | 0.03% |
90,265
+36,665
| +68% | +$711K |
2016 Q4
2 quarters
|
|
584
DELISTED
Barnes Group Inc.
B
| $1.6M | 0.03% |
27,361
+15,376
| +128% | +$849K |
2017 Q1
1 quarter
|
|
585
Crocs
CROX
$6.94B
| $1.6M | 0.03% |
206,966
+174,489
| +537% | +$1.17M |
2016 Q3
3 quarters
|
|
586
Louisiana-Pacific
LPX
$5.27B
| $1.58M | 0.03% |
65,442
-84,673
| -56% | -$2.06M |
2017 Q1
1 quarter
|
|
587
Aflac
AFL
$61.4B
| $1.57M | 0.03% |
40,376
-255,812
| -86% | -$9.6M |
2016 Q3
3 quarters
|
|
588
Evercore
EVR
$10.8B
| $1.56M | 0.03% |
+22,195
| New | +$1.61M |
2017 Q2
0 quarters
|
|
|
MNTA
589
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.56M | 0.03% |
+92,356
| New | +$1.41M |
2017 Q2
0 quarters
|
|
|
MSGK
590
MSG Knickerbockers Corp.
MSGK
$7.51B
| $1.55M | 0.03% |
11,063
+9,100
| +464% | +$1.29M |
2017 Q1
1 quarter
|
|
|
STOR
591
DELISTED
STORE Capital Corporation
STOR
| $1.55M | 0.03% |
69,192
+47,492
| +219% | +$1.05M |
2017 Q1
1 quarter
|
|
592
First American
FAF
$6.84B
| $1.55M | 0.03% |
34,718
+29,442
| +558% | +$1.24M |
2016 Q3
3 quarters
|
|
593
Oshkosh
OSK
$8.19B
| $1.55M | 0.03% |
22,464
-7,876
| -26% | -$531K |
2016 Q4
2 quarters
|
|
594
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.54M | 0.03% |
27,957
+14,154
| +103% | +$782K |
2017 Q1
1 quarter
|
|
595
Coca-Cola Consolidated
COKE
$13.8B
| $1.54M | 0.03% |
+67,420
| New | +$1.46M |
2017 Q2
0 quarters
|
|
596
Wolverine World Wide
WWW
$1.75B
| $1.52M | 0.03% |
+54,399
| New | +$1.37M |
2017 Q2
0 quarters
|
|
597
Visteon
VC
$1.87B
| $1.52M | 0.03% |
14,886
+2,223
| +18% | +$220K |
2016 Q2
4 quarters
|
|
598
RPC Inc
RES
$1.18B
| $1.51M | 0.03% |
74,912
+3,092
| +4% | +$58.9K |
2016 Q3
3 quarters
|
|
599
Copart
CPRT
$29.6B
| $1.51M | 0.03% |
+189,824
| New | +$1.45M |
2017 Q2
0 quarters
|
|
|
SFR
600
DELISTED
Starwood Waypoint Homes
SFR
| $1.49M | 0.03% |
43,400
+9,800
| +29% | +$338K |
2016 Q4
2 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.