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 | |
|---|---|---|---|---|---|---|---|
676
E.W. Scripps
SSP
$249M
| $349K | 0.02% |
+22,012
| New | +$351K |
2016 Q2
0 quarters
|
|
|
CVG
677
DELISTED
Convergys
CVG
| $349K | 0.02% |
13,950
+4,603
| +49% | +$124K |
2016 Q1
1 quarter
|
|
|
INXN
678
DELISTED
Interxion Holding N.V.
INXN
| $347K | 0.02% |
+9,400
| New | +$333K |
2016 Q2
0 quarters
|
|
|
GG
679
DELISTED
Goldcorp Inc
GG
| $346K | 0.02% |
+18,100
| New | +$321K |
2016 Q2
0 quarters
|
|
|
NXGN
680
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $342K | 0.02% |
28,723
+10,630
| +59% | +$143K |
2015 Q4
2 quarters
|
|
|
MBFI
681
DELISTED
MB Financial Corp
MBFI
| $342K | 0.02% |
+9,421
| New | +$325K |
2016 Q2
0 quarters
|
|
682
Affiliated Managers Group
AMG
$9.6B
| $339K | 0.02% |
+2,407
| New | +$394K |
2016 Q2
0 quarters
|
|
683
Caesars Entertainment
CZR
$5.91B
| $339K | 0.02% |
+22,290
| New | +$305K |
2016 Q2
0 quarters
|
|
684
Williams Companies
WMB
$87.1B
| $339K | 0.02% |
15,655
-130,041
| -89% | -$2.61M |
2016 Q1
1 quarter
|
|
|
OA
685
DELISTED
Orbital ATK, Inc.
OA
| $339K | 0.02% |
3,978
-10,703
| -73% | -$933K |
2016 Q1
1 quarter
|
|
686
Diamondback Energy
FANG
$55.9B
| $337K | 0.02% |
3,700
-16,300
| -82% | -$1.41M |
2016 Q1
1 quarter
|
|
687
Valley National Bancorp
VLY
$7.94B
| $336K | 0.02% |
+36,843
| New | +$345K |
2016 Q2
0 quarters
|
|
|
AAWW
688
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $336K | 0.02% |
+8,100
| New | +$344K |
2016 Q2
0 quarters
|
|
689
Home BancShares
HOMB
$6.06B
| $332K | 0.02% |
16,793
+1,777
| +12% | +$37.3K |
2016 Q1
1 quarter
|
|
690
Central Garden & Pet Co Class A
CENTA
$2.53B
| $331K | 0.02% |
+19,046
| New | +$273K |
2016 Q2
0 quarters
|
|
|
BKS
691
DELISTED
Barnes & Noble
BKS
| $331K | 0.02% |
29,123
+2,208
| +8% | +$25.6K |
2015 Q3
3 quarters
|
|
692
Adeia
ADEA
$2.28B
| $327K | 0.02% |
40,317
-8,694
| -18% | -$70.6K |
2016 Q1
1 quarter
|
|
693
Bristol-Myers Squibb
BMY
$129B
| $327K | 0.02% |
4,448
-2,491
| -36% | -$176K |
2016 Q1
1 quarter
|
|
694
Crane NXT
CXT
$3.49B
| $327K | 0.02% |
16,583
-17,620
| -52% | -$344K |
2015 Q4
2 quarters
|
|
695
Sturm, Ruger & Co
RGR
$716M
| $327K | 0.02% |
5,107
-3,914
| -43% | -$253K |
2016 Q1
1 quarter
|
|
696
Interparfums
IPAR
$3.84B
| $326K | 0.02% |
+11,400
| New | +$341K |
2016 Q2
0 quarters
|
|
|
NLSN
697
DELISTED
Nielsen Holdings plc
NLSN
| $326K | 0.02% |
+6,281
| New | +$331K |
2016 Q2
0 quarters
|
|
698
KBR
KBR
$5.01B
| $325K | 0.02% |
24,513
-8,937
| -27% | -$129K |
2016 Q1
1 quarter
|
|
699
Saic
SAIC
$6.41B
| $325K | 0.02% |
5,563
-16,301
| -75% | -$886K |
2015 Q4
2 quarters
|
|
|
IMS
700
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $325K | 0.02% |
12,800
+682
| +6% | +$17.5K |
2015 Q4
2 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.