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 |
iShares MSCI Taiwan ETF
EWT
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
726
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $1M | 0.02% |
+33,089
| New | +$944K |
2017 Q2
0 quarters
|
|
727
DELISTED
Allete
ALE
| $1M | 0.02% |
13,999
+3,080
| +28% | +$219K |
2016 Q2
4 quarters
|
|
728
Starwood Property Trust
STWD
$4.46B
| $1M | 0.02% |
44,790
+2,790
| +7% | +$62.4K |
2016 Q4
2 quarters
|
|
729
H.B. Fuller
FUL
$2.68B
| $1M | 0.02% |
+19,557
| New | +$1.01M |
2017 Q2
0 quarters
|
|
730
Expedia Group
EXPE
$30.7B
| $998K | 0.02% |
6,700
-39,388
| -85% | -$5.53M |
2016 Q4
2 quarters
|
|
731
DELISTED
Paramount Global Class B
PARA
| $990K | 0.02% |
+15,518
| New | +$993K |
2017 Q2
0 quarters
|
|
732
Ligand Pharmaceuticals
LGND
$6.12B
| $986K | 0.02% |
+13,015
| New | +$910K |
2017 Q2
0 quarters
|
|
733
HealthEquity
HQY
$8.57B
| $985K | 0.02% |
19,763
+11,764
| +147% | +$550K |
2016 Q4
2 quarters
|
|
734
Cytokinetics
CYTK
$7.48B
| $980K | 0.02% |
80,972
+66,312
| +452% | +$922K |
2016 Q4
2 quarters
|
|
735
First Industrial Realty Trust
FR
$7.13B
| $979K | 0.02% |
+34,191
| New | +$975K |
2017 Q2
0 quarters
|
|
|
SCLN
736
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $978K | 0.02% |
88,933
+71,043
| +397% | +$711K |
2016 Q2
4 quarters
|
|
737
NiSource
NI
$21.2B
| $977K | 0.02% |
38,510
-108,637
| -74% | -$2.71M |
2016 Q4
2 quarters
|
|
|
FNSR
738
DELISTED
Finisar Corp
FNSR
| $965K | 0.02% |
37,138
+26,067
| +235% | +$649K |
2017 Q1
1 quarter
|
|
|
USCR
739
DELISTED
U S Concrete, Inc.
USCR
| $956K | 0.02% |
+12,166
| New | +$827K |
2017 Q2
0 quarters
|
|
740
MGIC Investment
MTG
$5.69B
| $955K | 0.02% |
85,300
+61,327
| +256% | +$659K |
2016 Q4
2 quarters
|
|
741
DELISTED
Exact Sciences
EXAS
| $947K | 0.02% |
26,773
-39,979
| -60% | -$1.23M |
2016 Q4
2 quarters
|
|
742
Advanced Energy
AEIS
$7.98B
| $946K | 0.02% |
+14,620
| New | +$1.07M |
2017 Q2
0 quarters
|
|
743
DELISTED
LL Flooring Holdings, Inc.
LL
| $944K | 0.02% |
37,664
-8,624
| -19% | -$217K |
2017 Q1
1 quarter
|
|
744
Matador Resources
MTDR
$6.24B
| $940K | 0.02% |
43,978
-22,216
| -34% | -$504K |
2017 Q1
1 quarter
|
|
745
Choice Hotels
CHH
$5.29B
| $939K | 0.02% |
14,622
+7,771
| +113% | +$499K |
2016 Q4
2 quarters
|
|
746
PPG Industries
PPG
$27B
| $938K | 0.02% |
+8,531
| New | +$923K |
2017 Q2
0 quarters
|
|
747
Atmos Energy
ATO
$29.3B
| $937K | 0.02% |
+11,293
| New | +$926K |
2017 Q2
0 quarters
|
|
748
DELISTED
Diebold Nixdorf Incorporated
DBD
| $937K | 0.02% |
33,481
-48,888
| -59% | -$1.35M |
2017 Q1
1 quarter
|
|
749
Eagle Materials
EXP
$5.66B
| $926K | 0.02% |
10,019
-27,002
| -73% | -$2.59M |
2016 Q3
3 quarters
|
|
750
IPG Photonics
IPGP
$2.78B
| $925K | 0.02% |
+6,378
| New | +$856K |
2017 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.