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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
776
DHT Holdings
DHT
$3.59B
| $539K | 0.02% |
130,096
+108,096
| +491% | +$429K |
2015 Q1
7 quarters
|
|
777
Pampa Energía
PAM
$3.39B
| $539K | 0.02% |
+15,474
| New | +$526K |
2016 Q4
0 quarters
|
|
778
DELISTED
Overseas Shipholding Group Inc.
OSG
| $539K | 0.02% |
+140,726
| New | +$1.03M |
2016 Q4
0 quarters
|
|
779
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.97B
| $537K | 0.02% |
+28,300
| New | +$583K |
2016 Q4
0 quarters
|
|
780
Silgan Holdings
SLGN
$4.3B
| $537K | 0.02% |
+21,000
| New | +$528K |
2016 Q4
0 quarters
|
|
|
CWEI
781
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $537K | 0.02% |
4,500
+1,688
| +60% | +$169K |
2016 Q3
1 quarter
|
|
782
Paylocity
PCTY
$9.3B
| $536K | 0.02% |
+17,853
| New | +$665K |
2016 Q4
0 quarters
|
|
|
SVU
783
DELISTED
SUPERVALU Inc.
SVU
| $536K | 0.02% |
16,389
+11,354
| +226% | +$377K |
2015 Q2
6 quarters
|
|
784
DRDGold
DRD
$2.03B
| $535K | 0.02% |
+101,151
| New | +$473K |
2016 Q4
0 quarters
|
|
|
FINL
785
DELISTED
Finish Line
FINL
| $533K | 0.02% |
+28,351
| New | +$617K |
2016 Q4
0 quarters
|
|
786
DELISTED
Heritage Commerce
HTBK
| $532K | 0.02% |
+36,862
| New | +$448K |
2016 Q4
0 quarters
|
|
787
HubSpot
HUBS
$10.5B
| $532K | 0.02% |
+11,313
| New | +$599K |
2016 Q4
0 quarters
|
|
|
PBCT
788
DELISTED
People's United Financial Inc
PBCT
| $532K | 0.02% |
27,504
-60,952
| -69% | -$1.08M |
2016 Q3
1 quarter
|
|
789
Shake Shack
SHAK
$2.94B
| $530K | 0.02% |
+14,811
| New | +$520K |
2016 Q4
0 quarters
|
|
790
Commercial Metals
CMC
$7.04B
| $528K | 0.02% |
24,227
+13,604
| +128% | +$267K |
2016 Q3
1 quarter
|
|
791
Tyler Technologies
TYL
$16.8B
| $527K | 0.02% |
+3,691
| New | +$573K |
2016 Q4
0 quarters
|
|
|
NBL
792
DELISTED
Noble Energy, Inc.
NBL
| $527K | 0.02% |
+13,851
| New | +$515K |
2016 Q4
0 quarters
|
|
793
Alto Ingredients
ALTO
$288M
| $526K | 0.02% |
+55,329
| New | +$444K |
2016 Q4
0 quarters
|
|
794
Trinity Industries
TRN
$2.36B
| $526K | 0.02% |
26,326
-33,440
| -56% | -$616K |
2016 Q2
2 quarters
|
|
|
WEB
795
DELISTED
Web.com Group, Inc.
WEB
| $525K | 0.02% |
+24,835
| New | +$421K |
2016 Q4
0 quarters
|
|
796
Nordson
NDSN
$18.2B
| $524K | 0.02% |
4,675
+2,590
| +124% | +$271K |
2016 Q3
1 quarter
|
|
797
Vertex Pharmaceuticals
VRTX
$138B
| $523K | 0.02% |
+7,093
| New | +$577K |
2016 Q4
0 quarters
|
|
798
DELISTED
Equity Commonwealth
EQC
| $523K | 0.02% |
+17,310
| New | +$512K |
2016 Q4
0 quarters
|
|
|
DCT
799
DELISTED
DCT Industrial Trust Inc.
DCT
| $522K | 0.02% |
+10,908
| New | +$503K |
2016 Q4
0 quarters
|
|
800
Planet Fitness
PLNT
$4.47B
| $521K | 0.02% |
+25,900
| New | +$537K |
2016 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.