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 | |
|---|---|---|---|---|---|---|---|
|
AVTA
751
DELISTED
Avantax, Inc. Common Stock
AVTA
| $294K | 0.02% |
28,394
+281
| +1% | +$2.21K |
2015 Q4
2 quarters
|
|
752
DELISTED
CSG Systems International
CSGS
| $293K | 0.02% |
7,259
-1,766
| -20% | -$75.9K |
2016 Q1
1 quarter
|
|
|
RAD
753
DELISTED
Rite Aid Corporation
RAD
| $293K | 0.02% |
1,962
-3,913
| -67% | -$617K |
2016 Q1
1 quarter
|
|
|
AEGN
754
DELISTED
Aegion Corp
AEGN
| $293K | 0.02% |
+15,043
| New | +$301K |
2016 Q2
0 quarters
|
|
|
MIK
755
DELISTED
Michaels Stores, Inc
MIK
| $293K | 0.02% |
10,300
-89,612
| -90% | -$2.53M |
2015 Q4
2 quarters
|
|
756
Applied Optoelectronics
AAOI
$5.31B
| $291K | 0.02% |
+26,100
| New | +$295K |
2016 Q2
0 quarters
|
|
|
BBBY
757
DELISTED
Bed Bath & Beyond Inc
BBBY
| $289K | 0.02% |
+6,694
| New | +$304K |
2016 Q2
0 quarters
|
|
|
DST
758
DELISTED
DST Systems Inc.
DST
| $289K | 0.02% |
4,970
-19,578
| -80% | -$1.15M |
2016 Q1
1 quarter
|
|
759
FIVE9
FIVN
$2.67B
| $287K | 0.02% |
+24,087
| New | +$244K |
2016 Q2
0 quarters
|
|
760
Wolverine World Wide
WWW
$1.76B
| $287K | 0.02% |
14,119
-22,369
| -61% | -$417K |
2016 Q1
1 quarter
|
|
|
CLGX
761
DELISTED
Corelogic, Inc.
CLGX
| $286K | 0.02% |
7,433
-20,014
| -73% | -$731K |
2015 Q2
4 quarters
|
|
|
KS
762
DELISTED
KapStone Paper and Pack Corp.
KS
| $286K | 0.02% |
22,003
-26,797
| -55% | -$393K |
2015 Q4
2 quarters
|
|
763
Dycom Industries
DY
$6.67B
| $284K | 0.02% |
+3,166
| New | +$239K |
2016 Q2
0 quarters
|
|
764
Vertex Pharmaceuticals
VRTX
$140B
| $284K | 0.02% |
3,302
-5,308
| -62% | -$459K |
2016 Q1
1 quarter
|
|
|
QVCGA
765
DELISTED
QVC Group Inc Series A
QVCGA
| $284K | 0.02% |
231
-2
| -0.9% | -$2.51K |
2015 Q4
2 quarters
|
|
766
SiriusPoint
SPNT
$3.02B
| $283K | 0.02% |
+24,112
| New | +$274K |
2016 Q2
0 quarters
|
|
|
CIT
767
DELISTED
CIT Group Inc.
CIT
| $281K | 0.02% |
+8,800
| New | +$286K |
2016 Q2
0 quarters
|
|
768
Biglari Holdings Class B
BH
$1.24B
| $280K | 0.02% |
+1,043
| New | +$267K |
2016 Q2
0 quarters
|
|
769
New York Times
NYT
$11.3B
| $280K | 0.02% |
23,119
+7,133
| +45% | +$87.5K |
2016 Q1
1 quarter
|
|
770
DELISTED
Equity Commonwealth
EQC
| $280K | 0.02% |
+9,612
| New | +$273K |
2016 Q2
0 quarters
|
|
771
Dolby
DLB
$5.93B
| $279K | 0.02% |
5,830
+630
| +12% | +$28.8K |
2016 Q1
1 quarter
|
|
772
DELISTED
Theravance Biopharma
TBPH
| $279K | 0.02% |
+12,300
| New | +$266K |
2016 Q2
0 quarters
|
|
|
AUY
773
DELISTED
Yamana Gold, Inc.
AUY
| $279K | 0.02% |
+53,700
| New | +$241K |
2016 Q2
0 quarters
|
|
|
CXO
774
DELISTED
CONCHO RESOURCES INC.
CXO
| $276K | 0.02% |
+2,310
| New | +$268K |
2016 Q2
0 quarters
|
|
|
ELLI
775
DELISTED
Ellie Mae Inc
ELLI
| $275K | 0.02% |
+3,000
| New | +$255K |
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.