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 | |
|---|---|---|---|---|---|---|---|
|
DF
751
DELISTED
Dean Foods Company
DF
| $945K | 0.02% |
86,863
+67,620
| +351% | +$870K |
2017 Q1
2 quarters
|
|
752
ITT
ITT
$18.8B
| $934K | 0.02% |
21,088
+3,235
| +18% | +$133K |
2017 Q2
1 quarter
|
|
753
Unilever
UL
$143B
| $932K | 0.02% |
14,293
-4,863
| -25% | -$313K |
2017 Q1
2 quarters
|
|
754
National Beverage
FIZZ
$3.49B
| $927K | 0.02% |
14,952
+7,796
| +109% | +$432K |
2017 Q1
2 quarters
|
|
755
CNX Resources
CNX
$5.22B
| $923K | 0.02% |
65,382
-173,044
| -73% | -$2.22M |
2017 Q2
1 quarter
|
|
756
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.16B
| $923K | 0.02% |
+31,013
| New | +$918K |
2017 Q3
0 quarters
|
|
|
PGRE
757
DELISTED
Paramount Group
PGRE
| $920K | 0.02% |
+57,489
| New | +$913K |
2017 Q3
0 quarters
|
|
758
Waters Corp
WAT
$90.5B
| $919K | 0.02% |
5,117
-9,820
| -66% | -$1.78M |
2016 Q2
5 quarters
|
|
|
ISBC
759
DELISTED
Investors Bancorp, Inc.
ISBC
| $919K | 0.02% |
67,399
-106,796
| -61% | -$1.41M |
2017 Q1
2 quarters
|
|
|
PE
760
DELISTED
PARSLEY ENERGY INC
PE
| $917K | 0.02% |
+34,800
| New | +$918K |
2017 Q3
0 quarters
|
|
761
Brightstar Lottery PLC
BRSL
$1.77B
| $915K | 0.02% |
37,268
-170,465
| -82% | -$3.48M |
2016 Q4
3 quarters
|
|
762
Reliance Steel & Aluminium
RS
$21.8B
| $914K | 0.02% |
+12,000
| New | +$877K |
2017 Q3
0 quarters
|
|
763
Crocs
CROX
$7.49B
| $910K | 0.02% |
93,787
-113,179
| -55% | -$968K |
2016 Q3
4 quarters
|
|
764
DELISTED
Equity Commonwealth
EQC
| $909K | 0.02% |
+29,887
| New | +$925K |
2017 Q3
0 quarters
|
|
765
Diamondback Energy
FANG
$51.6B
| $901K | 0.02% |
+9,200
| New | +$846K |
2017 Q3
0 quarters
|
|
766
Enviri
NVRI
$711M
| $900K | 0.02% |
43,067
+2,218
| +5% | +$37.8K |
2017 Q1
2 quarters
|
|
|
VVC
767
DELISTED
Vectren Corporation
VVC
| $899K | 0.02% |
13,676
-1,338
| -9% | -$83.8K |
2017 Q1
2 quarters
|
|
768
Evercore
EVR
$11.3B
| $898K | 0.02% |
11,190
-11,005
| -50% | -$827K |
2017 Q2
1 quarter
|
|
769
Wintrust Financial
WTFC
$10.5B
| $896K | 0.02% |
+11,442
| New | +$850K |
2017 Q3
0 quarters
|
|
770
Black Hills Corp
BKH
$6.63B
| $894K | 0.02% |
+12,986
| New | +$902K |
2017 Q3
0 quarters
|
|
771
Alamos Gold
AGI
$12B
| $887K | 0.02% |
+131,274
| New | +$966K |
2017 Q3
0 quarters
|
|
772
MGM Resorts International
MGM
$8.47B
| $887K | 0.02% |
27,230
-174,429
| -86% | -$5.61M |
2016 Q2
5 quarters
|
|
773
DELISTED
Vale S A
VALE.P
| $885K | 0.02% |
94,664
-13,556
| -13% | -$127K |
2017 Q1
2 quarters
|
|
774
DELISTED
DigitalBridge
DBRG
| $881K | 0.02% |
+17,544
| New | +$959K |
2017 Q3
0 quarters
|
|
775
Flowers Foods
FLO
$1.17B
| $881K | 0.02% |
46,845
-93,555
| -67% | -$1.66M |
2015 Q4
7 quarters
|
|
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.