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 | |
|---|---|---|---|---|---|---|---|
701
Minerals Technologies
MTX
$1.91B
| $1.07M | 0.02% |
15,151
+11,952
| +374% | +$818K |
2017 Q1
2 quarters
|
|
702
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.07M | 0.02% |
+56,039
| New | +$1.05M |
2017 Q3
0 quarters
|
|
|
AUY
703
DELISTED
Yamana Gold, Inc.
AUY
| $1.06M | 0.02% |
+401,893
| New | +$1.07M |
2017 Q3
0 quarters
|
|
704
Hawaiian Electric Industries
HE
$1.49B
| $1.06M | 0.02% |
+31,801
| New | +$1.05M |
2017 Q3
0 quarters
|
|
705
AstraZeneca
AZN
$286B
| $1.06M | 0.02% |
+15,602
| New | +$986K |
2017 Q3
0 quarters
|
|
706
First Solar
FSLR
$18.4B
| $1.05M | 0.02% |
22,920
-49,203
| -68% | -$2.28M |
2017 Q2
1 quarter
|
|
|
FRAN
707
DELISTED
Francesca's Holdings Corporation
FRAN
| $1.05M | 0.02% |
11,901
+10,594
| +811% | +$1.07M |
2016 Q1
6 quarters
|
|
|
BRCD
708
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $1.05M | 0.02% |
+87,728
| New | +$1.08M |
2017 Q3
0 quarters
|
|
709
Cognex
CGNX
$8.42B
| $1.05M | 0.02% |
18,974
-64,292
| -77% | -$3.26M |
2017 Q1
2 quarters
|
|
710
Fair Isaac
FICO
$15.4B
| $1.04M | 0.02% |
+7,424
| New | +$1.04M |
2017 Q3
0 quarters
|
|
711
Robert Half
RHI
$4.3B
| $1.04M | 0.02% |
20,700
-56,185
| -73% | -$2.6M |
2017 Q2
1 quarter
|
|
712
Puma Biotechnology
PBYI
$402M
| $1.04M | 0.02% |
8,671
-14,263
| -62% | -$1.33M |
2016 Q3
4 quarters
|
|
713
Centene
CNC
$35.3B
| $1.04M | 0.02% |
21,400
-33,658
| -61% | -$1.45M |
2017 Q1
2 quarters
|
|
714
Cytokinetics
CYTK
$7.82B
| $1.03M | 0.02% |
71,171
-9,801
| -12% | -$134K |
2016 Q4
3 quarters
|
|
|
NGD
715
DELISTED
New Gold Inc
NGD
| $1.03M | 0.02% |
277,634
+242,413
| +688% | +$837K |
2016 Q4
3 quarters
|
|
716
Eversource Energy
ES
$27B
| $1.03M | 0.02% |
+17,017
| New | +$1.05M |
2017 Q3
0 quarters
|
|
717
Emergent Biosolutions
EBS
$298M
| $1.03M | 0.02% |
+25,370
| New | +$918K |
2017 Q3
0 quarters
|
|
|
CAA
718
DELISTED
CalAtlantic Group, Inc.
CAA
| $1.03M | 0.02% |
27,997
-66,654
| -70% | -$2.37M |
2017 Q1
2 quarters
|
|
719
Flagstar Bank National Association
FLG
$4.17B
| $1.02M | 0.02% |
26,451
-35,366
| -57% | -$1.33M |
2016 Q4
3 quarters
|
|
720
SAP
SAP
$271B
| $1.02M | 0.02% |
9,324
-1,321
| -12% | -$140K |
2017 Q2
1 quarter
|
|
721
Texas Roadhouse
TXRH
$12.2B
| $1.02M | 0.02% |
+20,713
| New | +$1.01M |
2017 Q3
0 quarters
|
|
722
American Water Works
AWK
$29.8B
| $1.02M | 0.02% |
12,570
-8,690
| -41% | -$703K |
2016 Q3
4 quarters
|
|
723
DELISTED
Premier
PINC
| $1.02M | 0.02% |
+31,232
| New | +$1.06M |
2017 Q3
0 quarters
|
|
724
SSR Mining
SSRM
$5.42B
| $1.02M | 0.02% |
+95,897
| New | +$977K |
2017 Q3
0 quarters
|
|
725
Keysight
KEYS
$50.7B
| $1.01M | 0.02% |
+24,273
| New | +$994K |
2017 Q3
0 quarters
|
|
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.