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 | |
|---|---|---|---|---|---|---|---|
726
Landstar System
LSTR
$5.05B
| $1.01M | 0.02% |
10,109
-10,317
| -51% | -$916K |
2016 Q4
3 quarters
|
|
727
United Natural Foods
UNFI
$2.92B
| $1M | 0.02% |
24,092
+14,021
| +139% | +$522K |
2017 Q1
2 quarters
|
|
728
Wynn Resorts
WYNN
$8.76B
| $998K | 0.02% |
+6,700
| New | +$914K |
2017 Q3
0 quarters
|
|
|
BIVV
729
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $993K | 0.02% |
17,401
+4,156
| +31% | +$243K |
2017 Q1
2 quarters
|
|
730
CNO Financial Group
CNO
$5.25B
| $987K | 0.02% |
42,300
+16,901
| +67% | +$378K |
2016 Q3
4 quarters
|
|
731
Pan American Silver
PAAS
$15.5B
| $987K | 0.02% |
+57,865
| New | +$998K |
2017 Q3
0 quarters
|
|
|
WBC
732
DELISTED
WABCO HOLDINGS INC.
WBC
| $981K | 0.02% |
6,625
-12,212
| -65% | -$1.69M |
2017 Q2
1 quarter
|
|
733
Nu Skin
NUS
$196M
| $980K | 0.02% |
15,942
-46,865
| -75% | -$2.88M |
2016 Q1
6 quarters
|
|
734
Element Solutions
ESI
$8.03B
| $979K | 0.02% |
87,825
-79,601
| -48% | -$986K |
2016 Q4
3 quarters
|
|
735
DELISTED
Vital Energy
VTLE
| $978K | 0.02% |
3,781
-5,532
| -59% | -$1.34M |
2016 Q4
3 quarters
|
|
|
AXE
736
DELISTED
Anixter International Inc
AXE
| $976K | 0.02% |
11,483
+3,490
| +44% | +$268K |
2017 Q1
2 quarters
|
|
737
Voya Financial
VOYA
$9.11B
| $975K | 0.02% |
24,432
-67,814
| -74% | -$2.6M |
2016 Q4
3 quarters
|
|
|
LNCE
738
DELISTED
Snyders-Lance, Inc.
LNCE
| $975K | 0.02% |
25,572
-824
| -3% | -$29.7K |
2017 Q2
1 quarter
|
|
739
B2Gold
BTG
$6.47B
| $967K | 0.02% |
345,241
+326,016
| +1,696% | +$863K |
2017 Q1
2 quarters
|
|
|
CS
740
DELISTED
Credit Suisse Group
CS
| $962K | 0.02% |
+60,896
| New | +$924K |
2017 Q3
0 quarters
|
|
741
Hershey
HSY
$35B
| $961K | 0.02% |
8,800
-4,620
| -34% | -$492K |
2016 Q3
4 quarters
|
|
742
DELISTED
Verifone Systems Inc
PAY
| $961K | 0.02% |
+47,376
| New | +$924K |
2017 Q3
0 quarters
|
|
743
Verisk Analytics
VRSK
$26.7B
| $960K | 0.02% |
+11,545
| New | +$957K |
2017 Q3
0 quarters
|
|
744
Weibo
WB
$1.51B
| $959K | 0.02% |
9,695
-2,380
| -20% | -$210K |
2017 Q2
1 quarter
|
|
745
International Paper
IP
$18.2B
| $956K | 0.02% |
+17,769
| New | +$934K |
2017 Q3
0 quarters
|
|
746
NETSCOUT
NTCT
$2.34B
| $954K | 0.02% |
+29,498
| New | +$984K |
2017 Q3
0 quarters
|
|
|
RSPP
747
DELISTED
RSP Permian, Inc.
RSPP
| $954K | 0.02% |
27,576
-301,915
| -92% | -$9.7M |
2017 Q2
1 quarter
|
|
|
PDCE
748
DELISTED
PDC Energy, Inc.
PDCE
| $953K | 0.02% |
+19,438
| New | +$836K |
2017 Q3
0 quarters
|
|
749
Vanguard Real Estate ETF
VNQ
$38.6B
| $950K | 0.02% |
+11,432
| New | +$955K |
2017 Q3
0 quarters
|
|
|
DCT
750
DELISTED
DCT Industrial Trust Inc.
DCT
| $946K | 0.02% |
16,337
+3,919
| +32% | +$222K |
2017 Q2
1 quarter
|
|
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.