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 | |
|---|---|---|---|---|---|---|---|
701
MSCI
MSCI
$46.3B
| $324K | 0.02% |
4,205
-9,998
| -70% | -$757K |
2015 Q2
4 quarters
|
|
|
BNCL
702
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $324K | 0.02% |
25,500
-9,700
| -28% | -$132K |
2016 Q1
1 quarter
|
|
703
DELISTED
Dun & Bradstreet
DNB
| $324K | 0.02% |
2,663
+459
| +21% | +$53.7K |
2016 Q1
1 quarter
|
|
704
APA Corp
APA
$17.1B
| $323K | 0.02% |
+5,800
| New | +$315K |
2016 Q2
0 quarters
|
|
705
Healthcare Realty
HR
$6.47B
| $323K | 0.02% |
10,000
+700
| +8% | +$21.1K |
2016 Q1
1 quarter
|
|
|
VAR
706
DELISTED
Varian Medical Systems, Inc.
VAR
| $323K | 0.02% |
4,477
+1,179
| +36% | +$85.5K |
2015 Q2
4 quarters
|
|
|
CATM
707
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $322K | 0.02% |
+8,079
| New | +$309K |
2016 Q2
0 quarters
|
|
708
Walmart Inc
WMT
$1.01T
| $321K | 0.02% |
13,191
-297,909
| -96% | -$6.9M |
2015 Q4
2 quarters
|
|
|
CMD
709
DELISTED
Cantel Medical Corporation
CMD
| $320K | 0.02% |
+4,654
| New | +$321K |
2016 Q2
0 quarters
|
|
|
EXPR
710
DELISTED
Express, Inc.
EXPR
| $319K | 0.02% |
1,099
-5,763
| -84% | -$1.94M |
2016 Q1
1 quarter
|
|
711
Vale
VALE
$48.3B
| $318K | 0.02% |
62,800
-62,700
| -50% | -$293K |
2016 Q1
1 quarter
|
|
712
DELISTED
American Woodmark
AMWD
| $317K | 0.02% |
+4,770
| New | +$345K |
2016 Q2
0 quarters
|
|
|
PLCM
713
DELISTED
POLYCOM INC
PLCM
| $316K | 0.02% |
28,104
+10,872
| +63% | +$127K |
2015 Q4
2 quarters
|
|
|
PRTK
714
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $312K | 0.02% |
+22,400
| New | +$330K |
2016 Q2
0 quarters
|
|
715
Aramark
ARMK
$14.3B
| $311K | 0.02% |
+12,881
| New | +$310K |
2016 Q2
0 quarters
|
|
716
Encompass Health
EHC
$13.5B
| $311K | 0.02% |
+10,056
| New | +$315K |
2016 Q2
0 quarters
|
|
717
NatWest
NWG
$62.3B
| $310K | 0.02% |
+61,193
| New | +$429K |
2016 Q2
0 quarters
|
|
718
AGNC Investment
AGNC
$11.1B
| $309K | 0.02% |
15,600
-300
| -2% | -$5.66K |
2015 Q4
2 quarters
|
|
719
Murphy Oil
MUR
$5.76B
| $309K | 0.02% |
+9,720
| New | +$294K |
2016 Q2
0 quarters
|
|
720
The Marzetti Company
MZTI
$3.03B
| $308K | 0.02% |
+2,415
| New | +$286K |
2016 Q2
0 quarters
|
|
|
LVNTA
721
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $308K | 0.02% |
8,300
+1,900
| +30% | +$72.2K |
2016 Q1
1 quarter
|
|
722
Oil States International
OIS
$536M
| $307K | 0.02% |
9,350
-13,576
| -59% | -$440K |
2015 Q4
2 quarters
|
|
723
Petrobras Class A
PBR.A
$121B
| $306K | 0.02% |
52,700
+16,000
| +44% | +$82.6K |
2016 Q1
1 quarter
|
|
|
HTWR
724
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $306K | 0.02% |
5,300
-11,300
| -68% | -$370K |
2015 Q4
2 quarters
|
|
725
Fulton Financial
FULT
$4.6B
| $305K | 0.02% |
22,628
-2,159
| -9% | -$29.6K |
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.