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 | |
|---|---|---|---|---|---|---|---|
626
People Inc
PPLI
$3.16B
| $1.39M | 0.03% |
75,538
+41,966
| +125% | +$712K |
2017 Q1
1 quarter
|
|
|
STL
627
DELISTED
Sterling Bancorp
STL
| $1.38M | 0.03% |
+59,510
| New | +$1.36M |
2017 Q2
0 quarters
|
|
628
DELISTED
SunTrust Banks, Inc.
STI
| $1.38M | 0.03% |
24,351
+6,484
| +36% | +$360K |
2016 Q4
2 quarters
|
|
|
STAY
629
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $1.35M | 0.03% |
69,925
+22,525
| +48% | +$404K |
2016 Q3
3 quarters
|
|
630
Huntington Ingalls Industries
HII
$11.4B
| $1.35M | 0.03% |
7,238
-19,960
| -73% | -$3.9M |
2017 Q1
1 quarter
|
|
631
DELISTED
Pioneer Natural Resource Co.
PXD
| $1.34M | 0.03% |
8,400
-2,113
| -20% | -$361K |
2015 Q4
6 quarters
|
|
632
OraSure Technologies
OSUR
$237M
| $1.33M | 0.03% |
77,311
+54,542
| +240% | +$785K |
2016 Q4
2 quarters
|
|
|
BOBE
633
DELISTED
Bob Evans Farms, Inc.
BOBE
| $1.33M | 0.03% |
+18,502
| New | +$1.27M |
2017 Q2
0 quarters
|
|
634
Dominion Energy
D
$60.3B
| $1.33M | 0.03% |
+17,300
| New | +$1.36M |
2017 Q2
0 quarters
|
|
635
Essential Utilities
WTRG
$13B
| $1.32M | 0.03% |
39,802
+14,953
| +60% | +$490K |
2017 Q1
1 quarter
|
|
|
CXP
636
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $1.32M | 0.03% |
59,022
+21,409
| +57% | +$476K |
2017 Q1
1 quarter
|
|
637
trivago
TRVG
$264M
| $1.32M | 0.03% |
+11,139
| New | +$977K |
2017 Q2
0 quarters
|
|
638
Deckers Outdoor
DECK
$11.6B
| $1.3M | 0.03% |
+114,174
| New | +$1.19M |
2017 Q2
0 quarters
|
|
639
Phillips 66
PSX
$95.8B
| $1.3M | 0.03% |
15,710
-15,815
| -50% | -$1.24M |
2016 Q4
2 quarters
|
|
640
Aptiv
APTV
$7.98B
| $1.3M | 0.03% |
14,800
-15,687
| -51% | -$1.31M |
2016 Q4
2 quarters
|
|
641
Buckle
BKE
$2.16B
| $1.3M | 0.03% |
72,792
+61,249
| +531% | +$1.09M |
2016 Q3
3 quarters
|
|
642
EnerSys
ENS
$5.3B
| $1.3M | 0.03% |
17,874
+14,682
| +460% | +$1.16M |
2017 Q1
1 quarter
|
|
643
Westlake Corp
WLK
$8.12B
| $1.27M | 0.03% |
19,200
-5,597
| -23% | -$355K |
2016 Q3
3 quarters
|
|
644
Ciena
CIEN
$34.5B
| $1.27M | 0.03% |
+50,717
| New | +$1.22M |
2017 Q2
0 quarters
|
|
645
Churchill Downs
CHDN
$6.71B
| $1.26M | 0.02% |
41,358
+15,420
| +59% | +$437K |
2017 Q1
1 quarter
|
|
646
The Mosaic Company
MOS
$7.11B
| $1.26M | 0.02% |
55,334
-95,346
| -63% | -$2.34M |
2017 Q1
1 quarter
|
|
|
EXPR
647
DELISTED
Express, Inc.
EXPR
| $1.26M | 0.02% |
+9,337
| New | +$1.45M |
2017 Q2
0 quarters
|
|
648
PPL Corp
PPL
$26.9B
| $1.26M | 0.02% |
32,582
-83,907
| -72% | -$3.24M |
2016 Q2
4 quarters
|
|
649
PVH
PVH
$4.15B
| $1.26M | 0.02% |
11,000
-36,373
| -77% | -$3.77M |
2015 Q3
7 quarters
|
|
650
Best Buy
BBY
$20.9B
| $1.25M | 0.02% |
21,800
-93,499
| -81% | -$4.99M |
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.