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 | |
|---|---|---|---|---|---|---|---|
601
DELISTED
Elme Communities
ELME
| $1.45M | 0.03% |
+44,395
| New | +$1.45M |
2017 Q3
0 quarters
|
|
602
Idexx Laboratories
IDXX
$55.5B
| $1.45M | 0.03% |
9,344
-12,261
| -57% | -$1.94M |
2017 Q1
2 quarters
|
|
603
East-West Bancorp
EWBC
$18B
| $1.45M | 0.03% |
+24,255
| New | +$1.38M |
2017 Q3
0 quarters
|
|
604
Advanced Energy
AEIS
$8.89B
| $1.44M | 0.03% |
17,861
+3,241
| +22% | +$235K |
2017 Q2
1 quarter
|
|
605
DELISTED
Allete
ALE
| $1.44M | 0.03% |
18,599
+4,600
| +33% | +$344K |
2016 Q2
5 quarters
|
|
|
CBF
606
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $1.44M | 0.03% |
34,967
+7,236
| +26% | +$276K |
2017 Q2
1 quarter
|
|
607
Western Alliance Bancorporation
WAL
$8.04B
| $1.42M | 0.03% |
26,779
+8,092
| +43% | +$397K |
2016 Q1
6 quarters
|
|
|
USCR
608
DELISTED
U S Concrete, Inc.
USCR
| $1.42M | 0.03% |
18,614
+6,448
| +53% | +$494K |
2017 Q2
1 quarter
|
|
609
ResMed
RMD
$33.7B
| $1.41M | 0.03% |
+18,295
| New | +$1.4M |
2017 Q3
0 quarters
|
|
610
Diageo
DEO
$56.6B
| $1.4M | 0.03% |
+10,622
| New | +$1.37M |
2017 Q3
0 quarters
|
|
611
PTC
PTC
$21.3B
| $1.4M | 0.03% |
+24,870
| New | +$1.38M |
2017 Q3
0 quarters
|
|
612
BorgWarner
BWA
$10.2B
| $1.4M | 0.03% |
+31,017
| New | +$1.27M |
2017 Q3
0 quarters
|
|
613
Hain Celestial
HAIN
$12.8M
| $1.4M | 0.03% |
33,999
-48,788
| -59% | -$2.02M |
2016 Q2
5 quarters
|
|
614
TotalEnergies
TTE
$199B
| $1.4M | 0.03% |
26,137
+18,081
| +224% | +$929K |
2016 Q3
4 quarters
|
|
615
Rio Tinto
RIO
$135B
| $1.4M | 0.03% |
29,590
-15,460
| -34% | -$719K |
2017 Q2
1 quarter
|
|
616
Service Properties Trust
SVC
$740M
| $1.39M | 0.03% |
9,784
+2,827
| +41% | +$398K |
2017 Q2
1 quarter
|
|
617
Saic
SAIC
$6.29B
| $1.39M | 0.03% |
20,813
-33,933
| -62% | -$2.36M |
2017 Q2
1 quarter
|
|
618
Atlassian
TEAM
$38B
| $1.38M | 0.03% |
39,394
-39,554
| -50% | -$1.41M |
2016 Q4
3 quarters
|
|
619
Etsy
ETSY
$7.67B
| $1.38M | 0.03% |
81,919
-67,644
| -45% | -$1.07M |
2017 Q2
1 quarter
|
|
620
DELISTED
Big Lots, Inc.
BIG
| $1.38M | 0.03% |
25,733
+4,200
| +20% | +$207K |
2017 Q2
1 quarter
|
|
621
DELISTED
Pandora Media Inc
P
| $1.37M | 0.03% |
+178,215
| New | +$1.53M |
2017 Q3
0 quarters
|
|
622
Fortune Brands Innovations
FBIN
$5.69B
| $1.37M | 0.03% |
+23,855
| New | +$1.32M |
2017 Q3
0 quarters
|
|
623
Delta Air Lines
DAL
$56.7B
| $1.37M | 0.03% |
28,411
-426,090
| -94% | -$21.2M |
2015 Q3
8 quarters
|
|
624
Zebra Technologies
ZBRA
$15.3B
| $1.37M | 0.03% |
12,583
+4,375
| +53% | +$449K |
2017 Q2
1 quarter
|
|
625
Vistra
VST
$45.1B
| $1.36M | 0.03% |
+72,899
| New | +$1.26M |
2017 Q3
0 quarters
|
|
Similar funds
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.