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 MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
651
RLI Corp
RLI
$6.17B
| $371K | 0.02% |
+10,778
| New | +$351K |
2016 Q2
0 quarters
|
|
652
Hancock Whitney
HWC
$5.89B
| $370K | 0.02% |
14,189
-3,684
| -21% | -$93.7K |
2016 Q1
1 quarter
|
|
|
TIF
653
DELISTED
Tiffany & Co.
TIF
| $370K | 0.02% |
6,097
-21,089
| -78% | -$1.4M |
2015 Q3
3 quarters
|
|
654
United Community Banks
UCB
$4.54B
| $369K | 0.02% |
+20,158
| New | +$389K |
2016 Q2
0 quarters
|
|
655
Booz Allen Hamilton
BAH
$10.5B
| $368K | 0.02% |
+12,400
| New | +$355K |
2016 Q2
0 quarters
|
|
656
Qualcomm
QCOM
$173B
| $368K | 0.02% |
6,865
-87,916
| -93% | -$4.63M |
2015 Q2
4 quarters
|
|
657
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $367K | 0.02% |
+24,500
| New | +$308K |
2016 Q2
0 quarters
|
|
|
BBG
658
DELISTED
Bill Barrett Corp
BBG
| $367K | 0.02% |
57,320
-14,035
| -20% | -$102K |
2015 Q3
3 quarters
|
|
659
DELISTED
Adeptus Health Inc
ADPT
| $367K | 0.02% |
7,099
+915
| +15% | +$54.8K |
2015 Q3
3 quarters
|
|
660
Arrow Electronics
ARW
$10.3B
| $365K | 0.02% |
5,894
-20,448
| -78% | -$1.3M |
2015 Q4
2 quarters
|
|
661
DELISTED
Vital Energy
VTLE
| $361K | 0.02% |
1,725
-1,880
| -52% | -$414K |
2016 Q1
1 quarter
|
|
662
Brown-Forman Class B
BF.B
$13.8B
| $360K | 0.02% |
11,275
-19,903
| -64% | -$616K |
2015 Q4
2 quarters
|
|
|
LCI
663
DELISTED
Lannett Company, Inc.
LCI
| $359K | 0.02% |
3,771
-7,748
| -67% | -$663K |
2015 Q4
2 quarters
|
|
664
Reinsurance Group of America
RGA
$17.5B
| $358K | 0.02% |
3,686
-103
| -3% | -$9.9K |
2015 Q4
2 quarters
|
|
|
DFT
665
DELISTED
DuPont Fabros Technology Inc.
DFT
| $357K | 0.02% |
7,500
+700
| +10% | +$30.1K |
2016 Q1
1 quarter
|
|
666
DELISTED
Amedisys
AMED
| $356K | 0.02% |
7,056
-6,200
| -47% | -$313K |
2016 Q1
1 quarter
|
|
667
Skywest
SKYW
$3.17B
| $354K | 0.02% |
+13,383
| New | +$306K |
2016 Q2
0 quarters
|
|
668
Tractor Supply
TSCO
$18.4B
| $353K | 0.02% |
+19,360
| New | +$360K |
2016 Q2
0 quarters
|
|
669
Bruker
BRKR
$8.48B
| $352K | 0.02% |
15,500
-50,300
| -76% | -$1.34M |
2016 Q1
1 quarter
|
|
670
TD Synnex
SNX
$17.7B
| $352K | 0.02% |
7,420
-1,256
| -14% | -$55.1K |
2015 Q2
4 quarters
|
|
671
Union Pacific
UNP
$182B
| $351K | 0.02% |
4,028
-28,775
| -88% | -$2.43M |
2015 Q4
2 quarters
|
|
|
XEC
672
DELISTED
CIMAREX ENERGY CO
XEC
| $351K | 0.02% |
+2,945
| New | +$330K |
2016 Q2
0 quarters
|
|
|
MGLN
673
DELISTED
Magellan Health Services, Inc.
MGLN
| $350K | 0.02% |
5,324
+2,124
| +66% | +$143K |
2015 Q4
2 quarters
|
|
|
BOBE
674
DELISTED
Bob Evans Farms, Inc.
BOBE
| $350K | 0.02% |
9,235
+4,223
| +84% | +$189K |
2016 Q1
1 quarter
|
|
675
DELISTED
Radius Recycling
RDUS
| $349K | 0.02% |
+19,856
| New | +$351K |
2016 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.