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 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$28.6M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$21.7M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$21.4M |
| 5 |
Conagra Brands
CAG
|
+$19.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$228M |
| 2 |
American International
AIG
|
+$18M |
| 3 |
EMC CORPORATION
EMC
|
+$14.6M |
| 4 |
General Dynamics
GD
|
+$14.4M |
| 5 |
PepsiCo
PEP
|
+$12.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 19.37% |
| 2 | Technology | 11.95% |
| 3 | Healthcare | 11.5% |
| 4 | Industrials | 10.87% |
| 5 | Consumer Discretionary | 10.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
776
First Industrial Realty Trust
FR
$7.28B
| $271K | 0.02% |
+9,601
| New | +$274K |
2016 Q3
0 quarters
|
|
777
Everest Group
EG
$15.3B
| $270K | 0.02% |
+1,421
| New | +$267K |
2016 Q3
0 quarters
|
|
778
iShares MSCI Philippines ETF
EPHE
$144M
| $270K | 0.02% |
+7,254
| New | +$282K |
2016 Q3
0 quarters
|
|
779
Flotek Industries
FTK
$941M
| $269K | 0.02% |
+3,088
| New | +$267K |
2016 Q3
0 quarters
|
|
780
Invesco
IVZ
$12.7B
| $268K | 0.02% |
8,560
-46,827
| -85% | -$1.38M |
2015 Q2
5 quarters
|
|
781
Amphastar Pharmaceuticals
AMPH
$1.25B
| $267K | 0.02% |
+14,049
| New | +$255K |
2016 Q3
0 quarters
|
|
|
INXN
782
DELISTED
Interxion Holding N.V.
INXN
| $266K | 0.02% |
7,343
-2,057
| -22% | -$76.7K |
2016 Q2
1 quarter
|
|
783
DELISTED
Calavo Growers
CVGW
| $265K | 0.02% |
+4,055
| New | +$263K |
2016 Q3
0 quarters
|
|
784
Gold Fields
GFI
$36.3B
| $265K | 0.02% |
+54,538
| New | +$309K |
2016 Q3
0 quarters
|
|
|
WGL
785
DELISTED
Wgl Holdings
WGL
| $264K | 0.02% |
+4,206
| New | +$280K |
2016 Q3
0 quarters
|
|
786
Acadia Healthcare
ACHC
$3.59B
| $263K | 0.02% |
+5,300
| New | +$276K |
2016 Q3
0 quarters
|
|
|
PGND
787
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $263K | 0.02% |
+6,500
| New | +$262K |
2016 Q3
0 quarters
|
|
788
DELISTED
Westar Energy Inc
WR
| $263K | 0.02% |
4,636
-36,813
| -89% | -$2.04M |
2015 Q4
3 quarters
|
|
789
Barrick Mining
B
$69.6B
| $262K | 0.02% |
14,798
-66,178
| -82% | -$1.32M |
2016 Q1
2 quarters
|
|
790
Dine Brands
DIN
$458M
| $261K | 0.02% |
3,294
-1,701
| -34% | -$135K |
2016 Q1
2 quarters
|
|
791
ANI Pharmaceuticals
ANIP
$1.54B
| $259K | 0.02% |
+3,904
| New | +$244K |
2016 Q3
0 quarters
|
|
792
BioMarin Pharmaceuticals
BMRN
$11.1B
| $259K | 0.02% |
2,800
-8,327
| -75% | -$784K |
2016 Q2
1 quarter
|
|
793
Nike
NKE
$59.2B
| $259K | 0.02% |
4,922
-66,440
| -93% | -$3.75M |
2015 Q4
3 quarters
|
|
|
CVG
794
DELISTED
Convergys
CVG
| $259K | 0.02% |
8,528
-5,422
| -39% | -$154K |
2016 Q1
2 quarters
|
|
795
Arrow Electronics
ARW
$9.7B
| $258K | 0.02% |
4,039
-1,855
| -31% | -$120K |
2015 Q4
3 quarters
|
|
796
SS&C Technologies
SSNC
$18.3B
| $258K | 0.02% |
+8,028
| New | +$254K |
2016 Q3
0 quarters
|
|
797
DELISTED
Anywhere Real Estate
HOUS
| $257K | 0.02% |
9,928
+2,134
| +27% | +$59.2K |
2015 Q4
3 quarters
|
|
798
America Movil
AMX
$77.8B
| $256K | 0.02% |
+22,344
| New | +$267K |
2016 Q3
0 quarters
|
|
799
Comscore
SCOR
$50.5M
| $256K | 0.02% |
+417
| New | +$237K |
2016 Q3
0 quarters
|
|
|
RSPP
800
DELISTED
RSP Permian, Inc.
RSPP
| $256K | 0.02% |
6,600
-18,756
| -74% | -$694K |
2016 Q1
2 quarters
|
|
Similar funds
Squarepoint's Q3 2016 Portfolio in Review
As of Q3 2016, Squarepoint held 1,524 positions worth $1.51B, down 6% from $1.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Squarepoint withdrew a net $125M in Q3 2016, closing 544 positions and reducing 270 holdings. Its most notable exit was EMC CORPORATION, an estimated $14.6M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 19% of assets, down from 22% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Squarepoint opened a new position in State Street SPDR S&P 500 ETF Trust worth $63.7M.
- Squarepoint's largest Q3 2016 buy was State Street SPDR S&P 500 ETF Trust: 294,609 shares worth $63.7M.
- Squarepoint added most to Bristol-Myers Squibb in Q3 2016, an estimated $21.4M increase.
- Squarepoint's biggest Q3 2016 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $228M.
- Squarepoint fully exited EMC CORPORATION in Q3 2016, selling an estimated $14.6M.
- Squarepoint's ten largest holdings make up 15% of its $1.51B portfolio in Q3 2016.
- Squarepoint opened 456 new positions and closed 544 in Q3 2016.
- Squarepoint's portfolio value fell 6% quarter-over-quarter to $1.51B.
Based on Squarepoint's 13F filing for Q3 2016, filed 15 Nov 2016.