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 |
Abbott
ABT
|
+$8.99M |
| 2 |
General Dynamics
GD
|
+$8.34M |
| 3 |
PPG Industries
PPG
|
+$8.12M |
| 4 |
American Tower
AMT
|
+$7.78M |
| 5 |
United Airlines
UAL
|
+$7.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$4.51M |
| 2 |
CY
Cypress Semiconductor
CY
|
+$3.12M |
| 3 |
Medtronic
MDT
|
+$2.51M |
| 4 |
FedEx
FDX
|
+$2.49M |
| 5 |
Automatic Data Processing
ADP
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.65% |
| 2 | Industrials | 13.83% |
| 3 | Financials | 11.56% |
| 4 | Consumer Discretionary | 11.53% |
| 5 | Technology | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
Crown Castle
CCI
$37.4B
| $2.2M | 0.55% |
+27,905
| New | +$2.27M |
2015 Q3
0 quarters
|
|
52
General Mills
GIS
$18.5B
| $2.2M | 0.55% |
39,204
+31,647
| +419% | +$1.81M |
2015 Q2
1 quarter
|
|
53
Marsh
MRSH
$97.2B
| $2.18M | 0.54% |
+41,759
| New | +$2.33M |
2015 Q3
0 quarters
|
|
54
Workday
WDAY
$45.8B
| $2.13M | 0.53% |
+30,928
| New | +$2.39M |
2015 Q3
0 quarters
|
|
55
Enerpac Tool Group
EPAC
$2.09B
| $2.06M | 0.51% |
111,738
+100,968
| +937% | +$2.16M |
2015 Q1
2 quarters
|
|
56
DELISTED
Staples Inc
SPLS
| $2.02M | 0.5% |
171,928
+155,863
| +970% | +$2.19M |
2015 Q2
1 quarter
|
|
57
PayPal
PYPL
$48.8B
| $2.01M | 0.5% |
+64,783
| New | +$2.32M |
2015 Q3
0 quarters
|
|
58
Bausch Health
BHC
$3.14B
| $2M | 0.5% |
+11,200
| New | +$2.61M |
2015 Q3
0 quarters
|
|
59
HP
HPQ
$25.5B
| $1.98M | 0.49% |
169,796
+41,651
| +33% | +$541K |
2015 Q1
2 quarters
|
|
60
Equinix
EQIX
$104B
| $1.97M | 0.49% |
7,214
+4,104
| +132% | +$1.12M |
2015 Q2
1 quarter
|
|
61
Gen Digital
GEN
$17.7B
| $1.95M | 0.49% |
+100,013
| New | +$2.15M |
2015 Q3
0 quarters
|
|
62
PVH
PVH
$4.28B
| $1.94M | 0.48% |
+19,031
| New | +$2.16M |
2015 Q3
0 quarters
|
|
63
Applied Materials
AMAT
$296B
| $1.91M | 0.48% |
+129,847
| New | +$2.17M |
2015 Q3
0 quarters
|
|
64
Deere & Co
DE
$186B
| $1.88M | 0.47% |
+25,335
| New | +$2.23M |
2015 Q3
0 quarters
|
|
65
Allstate
ALL
$62.8B
| $1.87M | 0.47% |
32,128
-23,532
| -42% | -$1.47M |
2015 Q1
2 quarters
|
|
66
The Gap Inc
GAP
$7.81B
| $1.83M | 0.46% |
+64,331
| New | +$2.21M |
2015 Q3
0 quarters
|
|
67
T-Mobile US
TMUS
$179B
| $1.81M | 0.45% |
45,400
+12,900
| +40% | +$515K |
2015 Q2
1 quarter
|
|
|
YHOO
68
DELISTED
Yahoo Inc
YHOO
| $1.78M | 0.44% |
+61,587
| New | +$2.14M |
2015 Q3
0 quarters
|
|
69
Cal-Maine
CALM
$3.22B
| $1.71M | 0.43% |
31,308
+19,808
| +172% | +$1.06M |
2015 Q2
1 quarter
|
|
70
Tenet Healthcare
THC
$23B
| $1.69M | 0.42% |
45,663
+41,730
| +1,061% | +$2.16M |
2015 Q2
1 quarter
|
|
71
L3Harris
LHX
$50.5B
| $1.62M | 0.4% |
+22,087
| New | +$1.73M |
2015 Q3
0 quarters
|
|
72
Tenaris
TS
$30B
| $1.62M | 0.4% |
+67,000
| New | +$1.7M |
2015 Q3
0 quarters
|
|
73
Cardinal Health
CAH
$63.4B
| $1.56M | 0.39% |
20,315
-17,764
| -47% | -$1.48M |
2015 Q2
1 quarter
|
|
|
DNKN
74
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $1.54M | 0.38% |
+31,337
| New | +$1.62M |
2015 Q3
0 quarters
|
|
75
Travel + Leisure Co
TNL
$4.72B
| $1.53M | 0.38% |
47,206
+32,465
| +220% | +$1.17M |
2015 Q1
2 quarters
|
|
Similar funds
Squarepoint's Q3 2015 Portfolio in Review
As of Q3 2015, Squarepoint held 713 positions worth $401M, up 30% from $308M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $140M of net new capital in Q3 2015, opening 275 new positions and adding to 63 existing holdings. Its largest new stake was Abbott: 190,793 shares worth $7.67M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 13% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $2.11M trimmed.
- Squarepoint's largest Q3 2015 buy was Abbott: 190,793 shares worth $7.67M.
- Squarepoint added most to Eaton in Q3 2015, an estimated $5.05M increase.
- Squarepoint's biggest Q3 2015 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $2.11M.
- Squarepoint fully exited Illinois Tool Works in Q3 2015, selling an estimated $4.51M.
- Squarepoint's ten largest holdings make up 16% of its $401M portfolio in Q3 2015.
- Squarepoint opened 275 new positions and closed 324 in Q3 2015.
- Squarepoint's portfolio value rose 30% quarter-over-quarter to $401M.
Based on Squarepoint's 13F filing for Q3 2015, filed 16 Nov 2015.