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 | |
|---|---|---|---|---|---|---|---|
626
State Street Materials Select Sector SPDR ETF
XLB
$8.41B
| $1.36M | 0.03% |
+47,902
| New | +$1.32M |
2017 Q3
0 quarters
|
|
627
HealthEquity
HQY
$8.56B
| $1.35M | 0.03% |
26,732
+6,969
| +35% | +$324K |
2016 Q4
3 quarters
|
|
628
Home BancShares
HOMB
$5.96B
| $1.35M | 0.03% |
53,587
+35,151
| +191% | +$844K |
2017 Q2
1 quarter
|
|
629
Innovex International
INVX
$1.77B
| $1.34M | 0.03% |
30,388
+7,747
| +34% | +$337K |
2016 Q2
5 quarters
|
|
|
AVP
630
DELISTED
Avon Products, Inc.
AVP
| $1.34M | 0.03% |
574,613
-407,116
| -41% | -$1.21M |
2017 Q2
1 quarter
|
|
631
DELISTED
Noble Corporation
NE
| $1.33M | 0.03% |
289,782
-884,034
| -75% | -$3.32M |
2015 Q4
7 quarters
|
|
632
Lantheus
LNTH
$6.64B
| $1.33M | 0.03% |
+74,820
| New | +$1.32M |
2017 Q3
0 quarters
|
|
633
IPG Photonics
IPGP
$2.88B
| $1.33M | 0.03% |
7,180
+802
| +13% | +$133K |
2017 Q2
1 quarter
|
|
634
ArcelorMittal
MT
$47.2B
| $1.33M | 0.03% |
51,475
+20,190
| +65% | +$523K |
2017 Q2
1 quarter
|
|
|
TLRD
635
DELISTED
Tailored Brands, Inc.
TLRD
| $1.32M | 0.03% |
+91,138
| New | +$1.11M |
2017 Q3
0 quarters
|
|
636
Xylem
XYL
$21.6B
| $1.31M | 0.03% |
+20,987
| New | +$1.25M |
2017 Q3
0 quarters
|
|
|
WSTC
637
DELISTED
West Corporation
WSTC
| $1.31M | 0.03% |
55,854
-21,743
| -28% | -$508K |
2017 Q2
1 quarter
|
|
|
RHT
638
DELISTED
Red Hat Inc
RHT
| $1.31M | 0.03% |
11,800
-23,655
| -67% | -$2.42M |
2016 Q4
3 quarters
|
|
639
Ameriprise Financial
AMP
$45.1B
| $1.3M | 0.03% |
8,786
-44,593
| -84% | -$6.23M |
2017 Q2
1 quarter
|
|
640
CubeSmart
CUBE
$10B
| $1.3M | 0.03% |
50,075
-66,782
| -57% | -$1.65M |
2016 Q4
3 quarters
|
|
641
AES
AES
$10.6B
| $1.3M | 0.03% |
117,673
-49,783
| -30% | -$556K |
2017 Q1
2 quarters
|
|
|
TWO
642
DELISTED
Two Harbors Investment
TWO
| $1.29M | 0.02% |
16,052
-10,800
| -40% | -$863K |
2016 Q4
3 quarters
|
|
643
Teva Pharmaceutical Industries Limited
TEVA
$51.9B
| $1.29M | 0.02% |
+73,361
| New | +$1.65M |
2017 Q3
0 quarters
|
|
644
Sabre
SABR
$751M
| $1.28M | 0.02% |
+70,932
| New | +$1.38M |
2017 Q3
0 quarters
|
|
|
WBT
645
DELISTED
Welbilt, Inc.
WBT
| $1.27M | 0.02% |
+55,156
| New | +$1.12M |
2017 Q3
0 quarters
|
|
|
LEXEA
646
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $1.27M | 0.02% |
23,934
+13,923
| +139% | +$753K |
2017 Q2
1 quarter
|
|
647
Alcoa
AA
$10.5B
| $1.27M | 0.02% |
+27,221
| New | +$1.09M |
2017 Q3
0 quarters
|
|
648
Norwegian Cruise Line
NCLH
$8.25B
| $1.27M | 0.02% |
23,447
+1,547
| +7% | +$86.5K |
2017 Q2
1 quarter
|
|
649
Illumina
ILMN
$31.3B
| $1.26M | 0.02% |
6,526
-47,384
| -88% | -$8.82M |
2017 Q2
1 quarter
|
|
650
RLI Corp
RLI
$6.39B
| $1.26M | 0.02% |
44,024
+26,734
| +155% | +$735K |
2017 Q2
1 quarter
|
|
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.