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 | |
|---|---|---|---|---|---|---|---|
751
DELISTED
bluebird bio
BLUE
| $924K | 0.02% |
679
-175
| -20% | -$211K |
2017 Q1
1 quarter
|
|
752
Tetra Tech
TTEK
$10.3B
| $920K | 0.02% |
100,580
+37,770
| +60% | +$336K |
2016 Q4
2 quarters
|
|
753
Western Alliance Bancorporation
WAL
$8.13B
| $919K | 0.02% |
18,687
-2,962
| -14% | -$141K |
2016 Q1
5 quarters
|
|
754
Rogers Corp
ROG
$2.17B
| $918K | 0.02% |
+8,451
| New | +$856K |
2017 Q2
0 quarters
|
|
755
Truist Financial
TFC
$59.2B
| $917K | 0.02% |
20,200
-38,841
| -66% | -$1.69M |
2016 Q4
2 quarters
|
|
756
Brinker International
EAT
$8.58B
| $915K | 0.02% |
24,012
+17,828
| +288% | +$741K |
2016 Q1
5 quarters
|
|
757
Invitation Homes
INVH
$15.6B
| $915K | 0.02% |
+42,315
| New | +$911K |
2017 Q2
0 quarters
|
|
|
LNCE
758
DELISTED
Snyders-Lance, Inc.
LNCE
| $914K | 0.02% |
+26,396
| New | +$961K |
2017 Q2
0 quarters
|
|
759
Coherus Oncology
CHRS
$119M
| $912K | 0.02% |
63,570
+53,711
| +545% | +$1.03M |
2017 Q1
1 quarter
|
|
760
Teradyne
TER
$34.1B
| $912K | 0.02% |
30,354
-164,592
| -84% | -$5.53M |
2016 Q4
2 quarters
|
|
761
McCormick & Company Non-Voting
MKC
$13B
| $908K | 0.02% |
18,622
-25,490
| -58% | -$1.29M |
2016 Q1
5 quarters
|
|
762
DELISTED
Gulfport Energy Corp.
GPOR
| $904K | 0.02% |
61,269
-209,115
| -77% | -$3.2M |
2016 Q4
2 quarters
|
|
|
TCF
763
DELISTED
TCF Financial Corporation
TCF
| $883K | 0.02% |
55,421
-5,238
| -9% | -$84.3K |
2016 Q4
2 quarters
|
|
764
DELISTED
Vale S A
VALE.P
| $882K | 0.02% |
108,220
+20,122
| +23% | +$162K |
2017 Q1
1 quarter
|
|
765
Bank of Montreal
BMO
$119B
| $878K | 0.02% |
+11,954
| New | +$846K |
2017 Q2
0 quarters
|
|
|
VVC
766
DELISTED
Vectren Corporation
VVC
| $877K | 0.02% |
15,014
-8,938
| -37% | -$536K |
2017 Q1
1 quarter
|
|
767
DELISTED
TrueCar
TRUE
| $874K | 0.02% |
43,860
+31,884
| +266% | +$550K |
2016 Q3
3 quarters
|
|
|
ISCA
768
DELISTED
International Speedway Corp
ISCA
| $862K | 0.02% |
22,949
-5,087
| -18% | -$187K |
2016 Q4
2 quarters
|
|
769
Rayonier Advanced Materials
RYAM
$399M
| $857K | 0.02% |
+54,485
| New | +$778K |
2017 Q2
0 quarters
|
|
770
DELISTED
Big 5 Sporting Goods
BGFV
| $855K | 0.02% |
65,497
+8,519
| +15% | +$122K |
2016 Q4
2 quarters
|
|
771
Southwest Gas
SWX
$6.62B
| $854K | 0.02% |
11,695
+1,840
| +19% | +$147K |
2017 Q1
1 quarter
|
|
772
Skyworks Solutions
SWKS
$19.3B
| $848K | 0.02% |
+8,837
| New | +$906K |
2017 Q2
0 quarters
|
|
773
ICU Medical
ICUI
$4.3B
| $845K | 0.02% |
4,899
-5,773
| -54% | -$926K |
2017 Q1
1 quarter
|
|
774
Fidelity National Financial
FNF
$11.8B
| $843K | 0.02% |
27,077
+17,426
| +181% | +$502K |
2016 Q4
2 quarters
|
|
775
Petrobras
PBR
$119B
| $840K | 0.02% |
105,131
+27,782
| +36% | +$248K |
2017 Q1
1 quarter
|
|
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.