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 |
General Dynamics
GD
|
+$7.96M |
| 2 |
Fidelity National Information Services
FIS
|
+$6.98M |
| 3 |
Allstate
ALL
|
+$6.81M |
| 4 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$6.39M |
| 5 |
Qualcomm
QCOM
|
+$6.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.19M |
| 2 |
Abbott
ABT
|
+$5.85M |
| 3 |
United Airlines
UAL
|
+$5.37M |
| 4 |
PPG Industries
PPG
|
+$5.35M |
| 5 |
NextEra Energy
NEE
|
+$5.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 13.91% |
| 2 | Healthcare | 13.09% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Financials | 12.91% |
| 5 | Technology | 12.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
Lumen Technologies, Inc. Common Stock
LUMN
$4.3B
| $2.64M | 0.29% |
105,000
+92,129
| +716% | +$2.47M |
2015 Q1
3 quarters
|
|
|
POM
52
DELISTED
PEPCO HOLDINGS, INC.
POM
| $2.64M | 0.29% |
101,418
+56,957
| +128% | +$1.49M |
2015 Q2
2 quarters
|
|
|
53
Abbott
ABT
$186B
| $2.61M | 0.29% |
58,183
-132,610
| -70% | -$5.85M |
2015 Q3
1 quarter
|
|
54
LyondellBasell Industries
LYB
$20.6B
| $2.6M | 0.29% |
+29,959
| New | +$2.76M |
2015 Q4
0 quarters
|
|
55
Tyson Foods
TSN
$20.8B
| $2.6M | 0.29% |
+48,757
| New | +$2.34M |
2015 Q4
0 quarters
|
|
56
General Motors
GM
$72.8B
| $2.56M | 0.28% |
+75,167
| New | +$2.61M |
2015 Q4
0 quarters
|
|
57
Expeditors International
EXPD
$25.3B
| $2.52M | 0.28% |
55,950
+44,700
| +397% | +$2.17M |
2015 Q3
1 quarter
|
|
58
Sempra
SRE
$51.7B
| $2.5M | 0.27% |
+53,182
| New | +$2.63M |
2015 Q4
0 quarters
|
|
59
T. Rowe Price
TROW
$23.1B
| $2.48M | 0.27% |
34,676
+25,390
| +273% | +$1.86M |
2015 Q3
1 quarter
|
|
60
CBRE Group
CBRE
$38.2B
| $2.48M | 0.27% |
+71,666
| New | +$2.53M |
2015 Q4
0 quarters
|
|
61
Starbucks
SBUX
$122B
| $2.46M | 0.27% |
+40,934
| New | +$2.49M |
2015 Q4
0 quarters
|
|
62
Citigroup
C
$205B
| $2.43M | 0.27% |
+46,951
| New | +$2.49M |
2015 Q4
0 quarters
|
|
63
The Gap Inc
GAP
$7.46B
| $2.42M | 0.27% |
97,832
+33,501
| +52% | +$894K |
2015 Q3
1 quarter
|
|
64
AutoNation
AN
$5.77B
| $2.4M | 0.26% |
+40,256
| New | +$2.49M |
2015 Q4
0 quarters
|
|
65
DELISTED
Nordstrom
JWN
| $2.34M | 0.26% |
47,084
+34,231
| +266% | +$2.08M |
2015 Q3
1 quarter
|
|
66
DELISTED
Sealed Air
SEE
| $2.33M | 0.26% |
52,258
+35,544
| +213% | +$1.65M |
2015 Q3
1 quarter
|
|
67
Kinder Morgan
KMI
$71.3B
| $2.33M | 0.26% |
155,993
+50,993
| +49% | +$1.22M |
2015 Q2
2 quarters
|
|
68
FirstEnergy
FE
$26.9B
| $2.32M | 0.26% |
+73,277
| New | +$2.3M |
2015 Q4
0 quarters
|
|
69
Boston Scientific
BSX
$64.1B
| $2.27M | 0.25% |
+123,307
| New | +$2.21M |
2015 Q4
0 quarters
|
|
70
Las Vegas Sands
LVS
$24.7B
| $2.27M | 0.25% |
+51,700
| New | +$2.35M |
2015 Q4
0 quarters
|
|
71
Hartford Financial Services
HIG
$36.6B
| $2.26M | 0.25% |
+52,035
| New | +$2.39M |
2015 Q4
0 quarters
|
|
72
O'Reilly Automotive
ORLY
$73.4B
| $2.25M | 0.25% |
+132,990
| New | +$2.31M |
2015 Q4
0 quarters
|
|
73
Devon Energy
DVN
$52.7B
| $2.23M | 0.24% |
+69,706
| New | +$2.86M |
2015 Q4
0 quarters
|
|
74
DELISTED
Hanesbrands
HBI
| $2.22M | 0.24% |
+75,565
| New | +$2.27M |
2015 Q4
0 quarters
|
|
75
Oracle
ORCL
$396B
| $2.21M | 0.24% |
+60,566
| New | +$2.31M |
2015 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2015 Portfolio in Review
As of Q4 2015, Squarepoint held 1,368 positions worth $912M, up 128% from $401M the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
Squarepoint deployed $532M of net new capital in Q4 2015, opening 980 new positions and adding to 141 existing holdings. Its largest new stake was Twenty-First Century Fox, Inc. Class A: 220,102 shares worth $5.98M.
By sector, the portfolio is most concentrated in Industrials at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Abbott, an estimated $5.85M trimmed.
- Squarepoint's largest Q4 2015 buy was Twenty-First Century Fox, Inc. Class A: 220,102 shares worth $5.98M.
- Squarepoint added most to General Dynamics in Q4 2015, an estimated $7.96M increase.
- Squarepoint's biggest Q4 2015 reduction was Abbott, cutting an estimated $5.85M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2015, selling an estimated $8.19M.
- Squarepoint's ten largest holdings make up 8.1% of its $912M portfolio in Q4 2015.
- Squarepoint opened 980 new positions and closed 147 in Q4 2015.
- Squarepoint's portfolio value rose 128% quarter-over-quarter to $912M.
Based on Squarepoint's 13F filing for Q4 2015, filed 16 Feb 2016.