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 | |
|---|---|---|---|---|---|---|---|
51
State Street Industrial Select Sector SPDR ETF
XLI
$30.8B
| $5.06M | 0.32% |
+90,387
| New | +$5.04M |
2016 Q2
0 quarters
|
|
52
Sysco
SYY
$40.8B
| $5.04M | 0.31% |
99,295
+91,367
| +1,152% | +$4.42M |
2015 Q3
3 quarters
|
|
53
eBay
EBAY
$53.4B
| $4.94M | 0.31% |
211,206
-178,598
| -46% | -$4.31M |
2015 Q3
3 quarters
|
|
54
Oracle
ORCL
$396B
| $4.93M | 0.31% |
120,505
+31,707
| +36% | +$1.27M |
2015 Q4
2 quarters
|
|
55
Sherwin-Williams
SHW
$80.4B
| $4.85M | 0.3% |
49,530
+15,960
| +48% | +$1.55M |
2015 Q2
4 quarters
|
|
56
HCA Healthcare
HCA
$98.8B
| $4.84M | 0.3% |
62,790
+41,488
| +195% | +$3.28M |
2015 Q3
3 quarters
|
|
|
XL
57
DELISTED
XL Group Ltd.
XL
| $4.81M | 0.3% |
144,292
+116,163
| +413% | +$3.96M |
2016 Q1
1 quarter
|
|
58
McKesson
MCK
$116B
| $4.77M | 0.3% |
25,540
+12,067
| +90% | +$2.12M |
2015 Q1
5 quarters
|
|
59
Goldman Sachs
GS
$260B
| $4.76M | 0.3% |
32,035
-3,815
| -11% | -$595K |
2015 Q4
2 quarters
|
|
60
Stanley Black & Decker
SWK
$15.6B
| $4.72M | 0.29% |
42,413
+40,068
| +1,709% | +$4.45M |
2015 Q3
3 quarters
|
|
61
Masco
MAS
$15.5B
| $4.65M | 0.29% |
+150,391
| New | +$4.74M |
2016 Q2
0 quarters
|
|
62
MetLife
MET
$63.6B
| $4.57M | 0.29% |
128,730
+110,891
| +622% | +$4.32M |
2015 Q4
2 quarters
|
|
63
DELISTED
TECO ENERGY INC
TE
| $4.53M | 0.28% |
163,979
+77,859
| +90% | +$2.15M |
2015 Q3
3 quarters
|
|
64
DELISTED
Berry Global Group, Inc.
BERY
| $4.5M | 0.28% |
+126,140
| New | +$4.32M |
2016 Q2
0 quarters
|
|
65
Dollar General
DG
$29.2B
| $4.47M | 0.28% |
47,584
+26,573
| +126% | +$2.29M |
2016 Q1
1 quarter
|
|
66
Motorola Solutions
MSI
$81.3B
| $4.42M | 0.28% |
66,924
+61,277
| +1,085% | +$4.36M |
2015 Q4
2 quarters
|
|
67
Bath & Body Works
BBWI
$4.59B
| $4.4M | 0.27% |
81,026
+21,667
| +37% | +$1.27M |
2016 Q1
1 quarter
|
|
68
Illinois Tool Works
ITW
$79.2B
| $4.38M | 0.27% |
42,035
+38,317
| +1,031% | +$4.01M |
2015 Q4
2 quarters
|
|
69
Parker-Hannifin
PH
$113B
| $4.37M | 0.27% |
+40,453
| New | +$4.53M |
2016 Q2
0 quarters
|
|
|
AGN
70
DELISTED
Allergan plc
AGN
| $4.33M | 0.27% |
18,749
-14,798
| -44% | -$3.41M |
2016 Q1
1 quarter
|
|
71
Hewlett Packard
HPE
$73.1B
| $4.33M | 0.27% |
+407,399
| New | +$4.15M |
2016 Q2
0 quarters
|
|
72
iShares 20+ Year Treasury Bond ETF
TLT
$48.2B
| $4.28M | 0.27% |
30,808
+19,464
| +172% | +$2.57M |
2016 Q1
1 quarter
|
|
|
CONE
73
DELISTED
CyrusOne Inc Common Stock
CONE
| $4.28M | 0.27% |
76,862
+71,162
| +1,248% | +$3.43M |
2016 Q1
1 quarter
|
|
74
Hasbro
HAS
$16.7B
| $4.27M | 0.27% |
50,822
+39,669
| +356% | +$3.36M |
2015 Q4
2 quarters
|
|
75
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $4.09M | 0.26% |
+137,015
| New | +$4.02M |
2016 Q2
0 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.