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 | |
|---|---|---|---|---|---|---|---|
776
Globant
GLOB
$1.96B
| $881K | 0.02% |
21,991
-50,235
| -70% | -$2.07M |
2017 Q2
1 quarter
|
|
777
Precigen
PGEN
$1.63B
| $880K | 0.02% |
46,308
-1,381
| -3% | -$28.4K |
2017 Q2
1 quarter
|
|
778
DELISTED
Warner Bros
WBD
| $879K | 0.02% |
41,266
-16,100
| -28% | -$379K |
2015 Q3
8 quarters
|
|
|
MFGP
779
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $879K | 0.02% |
+22,771
| New | +$879K |
2017 Q3
0 quarters
|
|
780
SITE Centers
SITC
$34.5M
| $876K | 0.02% |
74,189
+41,804
| +129% | +$524K |
2016 Q2
5 quarters
|
|
781
Credit Acceptance
CACC
$5.12B
| $872K | 0.02% |
+3,112
| New | +$817K |
2017 Q3
0 quarters
|
|
782
Peabody Energy
BTU
$2.12B
| $867K | 0.02% |
+29,900
| New | +$843K |
2017 Q3
0 quarters
|
|
783
Targa Resources
TRGP
$63.8B
| $866K | 0.02% |
18,316
-33,588
| -65% | -$1.53M |
2017 Q2
1 quarter
|
|
784
Akamai
AKAM
$12.3B
| $865K | 0.02% |
+17,763
| New | +$850K |
2017 Q3
0 quarters
|
|
785
Brady Corp
BRC
$3.73B
| $864K | 0.02% |
22,760
+9,694
| +74% | +$331K |
2016 Q4
3 quarters
|
|
786
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $863K | 0.02% |
+19,805
| New | +$857K |
2017 Q3
0 quarters
|
|
787
Nordson
NDSN
$18.1B
| $861K | 0.02% |
7,264
+4,988
| +219% | +$596K |
2016 Q3
4 quarters
|
|
788
Ionis Pharmaceuticals
IONS
$4.84B
| $860K | 0.02% |
16,962
+12,634
| +292% | +$662K |
2017 Q1
2 quarters
|
|
|
MSCC
789
DELISTED
Microsemi Corp
MSCC
| $860K | 0.02% |
16,699
-207,608
| -93% | -$10.4M |
2017 Q1
2 quarters
|
|
|
OA
790
DELISTED
Orbital ATK, Inc.
OA
| $857K | 0.02% |
+6,433
| New | +$705K |
2017 Q3
0 quarters
|
|
|
OCLR
791
DELISTED
Oclaro Inc.
OCLR
| $855K | 0.02% |
+99,097
| New | +$893K |
2017 Q3
0 quarters
|
|
792
Twilio
TWLO
$32.7B
| $854K | 0.02% |
+28,625
| New | +$858K |
2017 Q3
0 quarters
|
|
793
Asbury Automotive
ABG
$3.54B
| $852K | 0.02% |
13,948
+1,935
| +16% | +$107K |
2017 Q2
1 quarter
|
|
794
Ethan Allen Interiors
ETD
$441M
| $848K | 0.02% |
26,181
+15,557
| +146% | +$477K |
2017 Q2
1 quarter
|
|
|
NTRI
795
DELISTED
NutriSystem, Inc.
NTRI
| $845K | 0.02% |
15,122
-40,411
| -73% | -$2.19M |
2017 Q2
1 quarter
|
|
796
AeroVironment
AVAV
$5.97B
| $841K | 0.02% |
15,536
+7,738
| +99% | +$329K |
2017 Q2
1 quarter
|
|
797
Banc of California
BANC
$2.83B
| $841K | 0.02% |
+40,516
| New | +$799K |
2017 Q3
0 quarters
|
|
798
Regal Rexnord
RRX
$11.7B
| $841K | 0.02% |
10,642
-11,255
| -51% | -$899K |
2016 Q1
6 quarters
|
|
799
Helen of Troy
HELE
$873M
| $840K | 0.02% |
8,668
+1,948
| +29% | +$187K |
2016 Q3
4 quarters
|
|
800
Urban Edge Properties
UE
$2.63B
| $839K | 0.02% |
+34,791
| New | +$863K |
2017 Q3
0 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.