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 | |
|---|---|---|---|---|---|---|---|
801
DexCom
DXCM
$31.4B
| $254K | 0.02% |
+12,800
| New | +$218K |
2016 Q2
0 quarters
|
|
802
Morningstar
MORN
$8.72B
| $254K | 0.02% |
+3,100
| New | +$259K |
2016 Q2
0 quarters
|
|
|
PSB
803
DELISTED
PS Business Parks, Inc.
PSB
| $254K | 0.02% |
2,393
-83
| -3% | -$8.3K |
2016 Q1
1 quarter
|
|
|
INSY
804
DELISTED
Insys Therapeutics, Inc.
INSY
| $254K | 0.02% |
+19,600
| New | +$286K |
2016 Q2
0 quarters
|
|
805
Brady Corp
BRC
$3.96B
| $253K | 0.02% |
8,276
-1,824
| -18% | -$52.8K |
2016 Q1
1 quarter
|
|
806
CDW
CDW
$18.5B
| $253K | 0.02% |
6,300
-5,600
| -47% | -$232K |
2015 Q4
2 quarters
|
|
807
Capitol Federal Financial
CFFN
$1.06B
| $253K | 0.02% |
+18,123
| New | +$242K |
2016 Q2
0 quarters
|
|
808
Federal Realty Investment Trust
FRT
$9.5B
| $253K | 0.02% |
1,527
-2,601
| -63% | -$405K |
2016 Q1
1 quarter
|
|
809
DELISTED
Masimo
MASI
| $253K | 0.02% |
+4,818
| New | +$227K |
2016 Q2
0 quarters
|
|
810
Sally Beauty Holdings
SBH
$1.72B
| $253K | 0.02% |
8,600
-30,900
| -78% | -$924K |
2016 Q1
1 quarter
|
|
|
WIBC
811
DELISTED
WILSHIRE BANCORP INC
WIBC
| $253K | 0.02% |
24,275
+8,100
| +50% | +$87.2K |
2016 Q1
1 quarter
|
|
|
MJN
812
DELISTED
Mead Johnson Nutrition Company
MJN
| $252K | 0.02% |
2,776
-2,204
| -44% | -$187K |
2015 Q3
3 quarters
|
|
813
Noah Holdings
NOAH
$467M
| $251K | 0.02% |
+10,400
| New | +$256K |
2016 Q2
0 quarters
|
|
814
Novartis
NVS
$305B
| $251K | 0.02% |
+3,398
| New | +$235K |
2016 Q2
0 quarters
|
|
|
CAB
815
DELISTED
Cabela's Inc
CAB
| $250K | 0.02% |
4,986
-8,882
| -64% | -$442K |
2016 Q1
1 quarter
|
|
816
Dover
DOV
$28.8B
| $249K | 0.02% |
4,449
-12,243
| -73% | -$660K |
2015 Q4
2 quarters
|
|
817
Commault Systems
CVLT
$6.33B
| $248K | 0.02% |
+5,735
| New | +$253K |
2016 Q2
0 quarters
|
|
|
OPB
818
DELISTED
Opus Bank Common Stock
OPB
| $248K | 0.02% |
+7,326
| New | +$259K |
2016 Q2
0 quarters
|
|
819
DELISTED
Allete
ALE
| $247K | 0.02% |
+3,820
| New | +$220K |
2016 Q2
0 quarters
|
|
|
Y
820
DELISTED
Alleghany Corp
Y
| $247K | 0.02% |
450
-535
| -54% | -$279K |
2015 Q4
2 quarters
|
|
821
Curtiss-Wright
CW
$18.2B
| $246K | 0.02% |
2,917
-1,693
| -37% | -$136K |
2015 Q4
2 quarters
|
|
822
Summit Hotel Properties
INN
$764M
| $242K | 0.02% |
+18,242
| New | +$218K |
2016 Q2
0 quarters
|
|
823
NewMarket
NEU
$6.92B
| $242K | 0.02% |
583
-1,866
| -76% | -$752K |
2015 Q4
2 quarters
|
|
824
Supernus Pharmaceuticals
SUPN
$1.75B
| $242K | 0.02% |
11,861
-13,133
| -53% | -$233K |
2015 Q4
2 quarters
|
|
|
LTRPA
825
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $241K | 0.02% |
+10,997
| New | +$242K |
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.