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 | |
|---|---|---|---|---|---|---|---|
676
Precigen
PGEN
$1.6B
| $1.15M | 0.02% |
+47,689
| New | +$1.05M |
2017 Q2
0 quarters
|
|
|
WPX
677
DELISTED
WPX Energy, Inc.
WPX
| $1.14M | 0.02% |
118,456
+74,371
| +169% | +$848K |
2017 Q1
1 quarter
|
|
678
Eaton
ETN
$133B
| $1.14M | 0.02% |
14,670
-46,558
| -76% | -$3.55M |
2015 Q1
9 quarters
|
|
679
PetMed Express
PETS
$26.4M
| $1.14M | 0.02% |
+28,094
| New | +$871K |
2017 Q2
0 quarters
|
|
680
Autodesk
ADSK
$54.7B
| $1.13M | 0.02% |
+11,251
| New | +$1.11M |
2017 Q2
0 quarters
|
|
681
Raymond James Financial
RJF
$31.3B
| $1.13M | 0.02% |
21,158
+16,773
| +383% | +$844K |
2016 Q2
4 quarters
|
|
682
Teleflex
TFX
$6.39B
| $1.13M | 0.02% |
+5,450
| New | +$1.09M |
2017 Q2
0 quarters
|
|
683
Cincinnati Financial
CINF
$28.5B
| $1.13M | 0.02% |
+15,615
| New | +$1.11M |
2017 Q2
0 quarters
|
|
684
Liberty Media Corporation Series A Common Stock
FWONA
$25.3B
| $1.13M | 0.02% |
+33,712
| New | +$1.06M |
2017 Q2
0 quarters
|
|
685
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $1.12M | 0.02% |
+35,224
| New | +$1.06M |
2017 Q2
0 quarters
|
|
|
FCH
686
DELISTED
Felcor Lodging Trust
FCH
| $1.12M | 0.02% |
154,967
+129,619
| +511% | +$959K |
2016 Q3
3 quarters
|
|
687
Steven Madden
SHOO
$2.89B
| $1.12M | 0.02% |
+41,853
| New | +$1.06M |
2017 Q2
0 quarters
|
|
688
Walker & Dunlop
WD
$1.35B
| $1.12M | 0.02% |
+22,833
| New | +$1.06M |
2017 Q2
0 quarters
|
|
689
SAP
SAP
$269B
| $1.11M | 0.02% |
+10,645
| New | +$1.1M |
2017 Q2
0 quarters
|
|
690
BlackBerry
BB
$5.13B
| $1.11M | 0.02% |
+111,396
| New | +$1.1M |
2017 Q2
0 quarters
|
|
691
Innovex International
INVX
$1.76B
| $1.1M | 0.02% |
22,641
+3,343
| +17% | +$172K |
2016 Q2
4 quarters
|
|
|
STRP
692
DELISTED
Straight Path Communications Inc.
STRP
| $1.1M | 0.02% |
+6,152
| New | +$938K |
2017 Q2
0 quarters
|
|
693
Liberty Latin America Class C
LILAK
$1.67B
| $1.1M | 0.02% |
+60,107
| New | +$1.1M |
2017 Q2
0 quarters
|
|
694
DTE Energy
DTE
$28.1B
| $1.1M | 0.02% |
12,195
+6,977
| +134% | +$632K |
2015 Q3
7 quarters
|
|
|
WGL
695
DELISTED
Wgl Holdings
WGL
| $1.1M | 0.02% |
13,153
+2,835
| +27% | +$235K |
2017 Q1
1 quarter
|
|
696
Tronox
TROX
$401M
| $1.1M | 0.02% |
+72,426
| New | +$1.16M |
2017 Q2
0 quarters
|
|
697
Mid-America Apartment Communities
MAA
$13.8B
| $1.09M | 0.02% |
10,362
+8,193
| +378% | +$844K |
2016 Q3
3 quarters
|
|
|
MGI
698
DELISTED
MoneyGram International, Inc. New
MGI
| $1.09M | 0.02% |
+63,288
| New | +$1.09M |
2017 Q2
0 quarters
|
|
|
CAB
699
DELISTED
Cabela's Inc
CAB
| $1.09M | 0.02% |
18,345
-35,702
| -66% | -$1.98M |
2016 Q4
2 quarters
|
|
700
Opko Health
OPK
$1.28B
| $1.09M | 0.02% |
165,359
+139,980
| +552% | +$981K |
2016 Q2
4 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.