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 | |
|---|---|---|---|---|---|---|---|
601
JPMorgan Chase
JPM
$888B
| $1.48M | 0.03% |
16,247
+3,809
| +31% | +$329K |
2016 Q4
2 quarters
|
|
602
Qualys
QLYS
$6.59B
| $1.48M | 0.03% |
36,388
+28,423
| +357% | +$1.14M |
2016 Q3
3 quarters
|
|
603
NCR Voyix
VYX
$1.32B
| $1.48M | 0.03% |
59,260
-58,265
| -50% | -$1.48M |
2015 Q3
7 quarters
|
|
604
DELISTED
Warner Bros
WBD
| $1.48M | 0.03% |
57,366
-121,603
| -68% | -$3.29M |
2015 Q3
7 quarters
|
|
605
GoPro
GPRO
$166M
| $1.47M | 0.03% |
+180,611
| New | +$1.53M |
2017 Q2
0 quarters
|
|
|
MDCO
606
DELISTED
Medicines Co
MDCO
| $1.47M | 0.03% |
38,606
+33,929
| +725% | +$1.51M |
2017 Q1
1 quarter
|
|
607
Newmont
NEM
$126B
| $1.46M | 0.03% |
45,211
-377,317
| -89% | -$12.7M |
2015 Q4
6 quarters
|
|
608
Boston Beer
SAM
$2.24B
| $1.46M | 0.03% |
11,080
+3,108
| +39% | +$435K |
2017 Q1
1 quarter
|
|
609
iShares MSCI Poland ETF
EPOL
$1.01B
| $1.46M | 0.03% |
60,150
+10,263
| +21% | +$241K |
2016 Q4
2 quarters
|
|
610
Hershey
HSY
$35.8B
| $1.44M | 0.03% |
13,420
+2,543
| +23% | +$281K |
2016 Q3
3 quarters
|
|
|
WBMD
611
DELISTED
WebMD Health Corp.
WBMD
| $1.43M | 0.03% |
24,447
-22,234
| -48% | -$1.24M |
2016 Q4
2 quarters
|
|
612
Oceaneering
OII
$3.41B
| $1.43M | 0.03% |
62,583
-1,700
| -3% | -$43.2K |
2017 Q1
1 quarter
|
|
613
Myriad Genetics
MYGN
$567M
| $1.43M | 0.03% |
+55,251
| New | +$1.17M |
2017 Q2
0 quarters
|
|
614
Charles Schwab
SCHW
$158B
| $1.43M | 0.03% |
+33,198
| New | +$1.33M |
2017 Q2
0 quarters
|
|
615
Winnebago Industries
WGO
$892M
| $1.43M | 0.03% |
40,737
+26,293
| +182% | +$737K |
2016 Q4
2 quarters
|
|
|
TWTR
616
DELISTED
Twitter, Inc.
TWTR
| $1.42M | 0.03% |
+79,660
| New | +$1.36M |
2017 Q2
0 quarters
|
|
617
DELISTED
CSRA Inc.
CSRA
| $1.42M | 0.03% |
+44,856
| New | +$1.34M |
2017 Q2
0 quarters
|
|
|
DFT
618
DELISTED
DuPont Fabros Technology Inc.
DFT
| $1.42M | 0.03% |
23,183
+18,883
| +439% | +$1.04M |
2017 Q1
1 quarter
|
|
|
KCG
619
DELISTED
KCG Holdings, Inc.
KCG
| $1.42M | 0.03% |
+70,939
| New | +$1.38M |
2017 Q2
0 quarters
|
|
620
LPL Financial
LPLA
$23B
| $1.41M | 0.03% |
33,273
-478
| -1% | -$19.4K |
2016 Q4
2 quarters
|
|
621
Radian Group
RDN
$4.67B
| $1.41M | 0.03% |
86,377
+71,677
| +488% | +$1.23M |
2016 Q4
2 quarters
|
|
622
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.41M | 0.03% |
50,266
+25,083
| +100% | +$657K |
2017 Q1
1 quarter
|
|
623
NNN REIT
NNN
$7.98B
| $1.41M | 0.03% |
+35,948
| New | +$1.45M |
2017 Q2
0 quarters
|
|
624
Timken Company
TKR
$7B
| $1.41M | 0.03% |
30,392
-85,639
| -74% | -$3.93M |
2015 Q2
8 quarters
|
|
625
iShares MSCI Turkey ETF
TUR
$155M
| $1.4M | 0.03% |
33,808
+4,639
| +16% | +$184K |
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.