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 500 ETF Trust
SPY
|
+$11.1M |
| 2 |
Illinois Tool Works
ITW
|
+$4.68M |
| 3 |
Archer Daniels Midland
ADM
|
+$3.94M |
| 4 |
Paramount Global Class B
PARA
|
+$3.59M |
| 5 |
Sherwin-Williams
SHW
|
+$3.51M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Newmont
NEM
|
+$4.14M |
| 2 |
The Mosaic Company
MOS
|
+$3.91M |
| 3 |
Sysco
SYY
|
+$3.56M |
| 4 |
Barrick Mining
B
|
+$3.34M |
| 5 |
Five Below
FIVE
|
+$3.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 14.44% |
| 2 | Industrials | 13.99% |
| 3 | Healthcare | 12.82% |
| 4 | Financials | 11.87% |
| 5 | Technology | 11.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
601
Teradyne
TER
$40.1B
| – | – |
-26,741
| Closed | -$504K | – |
|
602
Teleflex
TFX
$6.15B
| – | – |
-4,039
| Closed | -$488K | – |
|
603
Gentherm
THRM
$1.58B
| – | – |
-18,200
| Closed | -$919K | – |
|
604
Teekay Tankers
TNK
$3.08B
| – | – |
-1,625
| Closed | -$75K | – |
|
605
Tapestry
TPR
$26B
| – | – |
-19,031
| Closed | -$788K | – |
|
606
Trimble
TRMB
$12.9B
| – | – |
-16,182
| Closed | -$408K | – |
|
607
Tractor Supply
TSCO
$18.9B
| – | – |
-35,055
| Closed | -$596K | – |
|
608
Televisa
TV
$2.34B
| – | – |
-6,900
| Closed | -$228K | – |
|
609
Titan International
TWI
$331M
| – | – |
-11,400
| Closed | -$107K | – |
|
610
Urban Edge Properties
UE
$2.66B
| – | – |
-10,908
| Closed | -$259K | – |
|
611
UGI
UGI
$8.06B
| – | – |
-15,995
| Closed | -$521K | – |
|
612
Universal Health Services
UHS
$11.2B
| – | – |
-3,208
| Closed | -$378K | – |
|
613
United Natural Foods
UNFI
$2.87B
| – | – |
-3,232
| Closed | -$249K | – |
|
614
Unum
UNM
$12.3B
| – | – |
-16,391
| Closed | -$553K | – |
|
615
United Rentals
URI
$70.5B
| – | – |
-20,368
| Closed | -$1.86M | – |
|
616
Vivani Medical
VANI
$89M
| – | – |
-795
| Closed | -$244K | – |
|
617
Vince Holding Corp
VNCE
$168M
| – | – |
-2,389
| Closed | -$443K | – |
|
618
Vanda Pharmaceuticals
VNDA
$235M
| – | – |
-13,800
| Closed | -$128K | – |
|
|
VRE
619
DELISTED
Veris Residential
VRE
| – | – |
-11,154
| Closed | -$215K | – |
|
620
DELISTED
Verint Systems
VRNT
| – | – |
-32,278
| Closed | -$1.02M | – |
|
621
VeriSign
VRSN
$28.3B
| – | – |
-23,346
| Closed | -$1.56M | – |
|
622
Vishay Intertechnology
VSH
$4.18B
| – | – |
-15,435
| Closed | -$213K | – |
|
623
DELISTED
Vital Energy
VTLE
| – | – |
-2,890
| Closed | -$754K | – |
|
624
Waters Corp
WAT
$90.2B
| – | – |
-3,418
| Closed | -$425K | – |
|
625
Wendy's
WEN
$1.58B
| – | – |
-28,537
| Closed | -$311K | – |
|
Similar funds
Squarepoint's Q2 2015 Portfolio in Review
As of Q2 2015, Squarepoint held 726 positions worth $308M, up 7.6% from $287M the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Squarepoint deployed $38.3M of net new capital in Q2 2015, opening 313 new positions and adding to 72 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 52,908 shares worth $10.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 14% of assets, down from 17% a quarter earlier, followed by Industrials and Healthcare.
On the sell side, the largest reduction was Goldcorp Inc, an estimated $2.81M trimmed.
- Squarepoint's largest Q2 2015 buy was State Street SPDR S&P 500 ETF Trust: 52,908 shares worth $10.9M.
- Squarepoint added most to Archer Daniels Midland in Q2 2015, an estimated $3.94M increase.
- Squarepoint's biggest Q2 2015 reduction was Goldcorp Inc, cutting an estimated $2.81M.
- Squarepoint fully exited Newmont in Q2 2015, selling an estimated $4.14M.
- Squarepoint's ten largest holdings make up 14% of its $308M portfolio in Q2 2015.
- Squarepoint opened 313 new positions and closed 288 in Q2 2015.
- Squarepoint's portfolio value rose 7.6% quarter-over-quarter to $308M.
Based on Squarepoint's 13F filing for Q2 2015, filed 14 Aug 2015.