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 | |
|---|---|---|---|---|---|---|---|
776
Astronics
ATRO
$2.58B
| $273K | 0.02% |
+13,018
| New | +$299K |
2016 Q2
0 quarters
|
|
777
DELISTED
iRobot
IRBT
| $273K | 0.02% |
+7,789
| New | +$286K |
2016 Q2
0 quarters
|
|
778
LTC Properties
LTC
$2.43B
| $271K | 0.02% |
5,238
-400
| -7% | -$19K |
2016 Q1
1 quarter
|
|
|
MXIM
779
DELISTED
Maxim Integrated Products
MXIM
| $271K | 0.02% |
+7,600
| New | +$279K |
2016 Q2
0 quarters
|
|
780
FTI Consulting
FCN
$5.23B
| $270K | 0.02% |
6,649
-320
| -5% | -$12.7K |
2016 Q1
1 quarter
|
|
|
DNY
781
DELISTED
DONNELLEY R R & SONS CO
DNY
| $270K | 0.02% |
15,943
-23,768
| -60% | -$403K |
2015 Q4
2 quarters
|
|
782
Quanex
NX
$997M
| $269K | 0.02% |
+14,485
| New | +$271K |
2016 Q2
0 quarters
|
|
783
WesBanco
WSBC
$3.78B
| $269K | 0.02% |
+8,677
| New | +$273K |
2016 Q2
0 quarters
|
|
784
NeoGenomics
NEO
$2.13B
| $268K | 0.02% |
+33,352
| New | +$267K |
2016 Q2
0 quarters
|
|
785
Regis Corp
RGS
$73.8M
| $268K | 0.02% |
+1,078
| New | +$296K |
2016 Q2
0 quarters
|
|
|
KERX
786
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $267K | 0.02% |
40,400
-21,900
| -35% | -$122K |
2015 Q4
2 quarters
|
|
|
HSNI
787
DELISTED
HSN, Inc.
HSNI
| $267K | 0.02% |
5,465
-2,920
| -35% | -$149K |
2015 Q4
2 quarters
|
|
|
HW
788
DELISTED
Headwaters Inc
HW
| $267K | 0.02% |
14,903
-1,797
| -11% | -$33.9K |
2016 Q1
1 quarter
|
|
|
PKY
789
DELISTED
Parkway, Inc.
PKY
| $266K | 0.02% |
15,922
+325
| +2% | +$5.37K |
2016 Q1
1 quarter
|
|
790
Bright Horizons
BFAM
$2.64B
| $265K | 0.02% |
4,000
-2,000
| -33% | -$130K |
2016 Q1
1 quarter
|
|
|
LABL
791
DELISTED
Multi-Color Corp
LABL
| $262K | 0.02% |
+4,133
| New | +$244K |
2016 Q2
0 quarters
|
|
792
MillerKnoll
MLKN
$1.54B
| $260K | 0.02% |
8,696
-24,497
| -74% | -$753K |
2016 Q1
1 quarter
|
|
793
Manitowoc
MTW
$850M
| $260K | 0.02% |
11,925
+7,709
| +183% | +$168K |
2016 Q1
1 quarter
|
|
794
AXIS Capital
AXS
$7.65B
| $258K | 0.02% |
+4,683
| New | +$254K |
2016 Q2
0 quarters
|
|
795
Designer Brands
DBI
$339M
| $258K | 0.02% |
12,200
-74,285
| -86% | -$1.71M |
2015 Q4
2 quarters
|
|
|
AXE
796
DELISTED
Anixter International Inc
AXE
| $258K | 0.02% |
+4,833
| New | +$277K |
2016 Q2
0 quarters
|
|
797
Hornbeck Offshore Services, Inc.
HOS
$2.11B
| $257K | 0.02% |
37,958
-63,997
| -63% | -$463K |
2015 Q4
2 quarters
|
|
798
DELISTED
Air Transport Services Group
ATSG
| $257K | 0.02% |
+19,803
| New | +$270K |
2016 Q2
0 quarters
|
|
799
CVR Energy
CVI
$5.62B
| $256K | 0.02% |
+16,500
| New | +$349K |
2016 Q2
0 quarters
|
|
|
HMSY
800
DELISTED
HMS Holdings Corp.
HMSY
| $256K | 0.02% |
+14,511
| New | +$234K |
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.