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 | |
|---|---|---|---|---|---|---|---|
|
SFR
801
DELISTED
Starwood Waypoint Homes
SFR
| $521K | 0.02% |
+18,100
| New | +$526K |
2016 Q4
0 quarters
|
|
802
Ambarella
AMBA
$2.7B
| $520K | 0.02% |
+9,600
| New | +$579K |
2016 Q4
0 quarters
|
|
803
Invesco Municipal Trust
VKQ
$495M
| $520K | 0.02% |
+42,400
| New | +$534K |
2016 Q4
0 quarters
|
|
804
Greif
GEF
$4.05B
| $519K | 0.02% |
10,108
+4,346
| +75% | +$221K |
2016 Q2
2 quarters
|
|
805
Ralph Lauren
RL
$23.1B
| $519K | 0.02% |
5,749
-822
| -13% | -$83.5K |
2015 Q3
5 quarters
|
|
806
Qualys
QLYS
$6.04B
| $518K | 0.02% |
16,370
+10,392
| +174% | +$366K |
2016 Q3
1 quarter
|
|
807
RenaissanceRe
RNR
$14.3B
| $517K | 0.02% |
3,792
+1,874
| +98% | +$240K |
2016 Q3
1 quarter
|
|
808
Invesco Trust Investment Grade Municipals
VGM
$494M
| $516K | 0.02% |
+40,500
| New | +$528K |
2016 Q4
0 quarters
|
|
809
DELISTED
Sanchez Energy Corporation
SN
| $516K | 0.02% |
+57,112
| New | +$458K |
2016 Q4
0 quarters
|
|
810
H&R Block
HRB
$6.17B
| $514K | 0.02% |
+22,353
| New | +$511K |
2016 Q4
0 quarters
|
|
811
Domino's
DPZ
$11B
| $512K | 0.02% |
3,215
+1,071
| +50% | +$174K |
2016 Q3
1 quarter
|
|
812
Glaukos
GKOS
$14.6B
| $511K | 0.02% |
14,900
+8,900
| +148% | +$305K |
2016 Q3
1 quarter
|
|
813
Four Corners Property Trust
FCPT
$2.53B
| $510K | 0.02% |
24,874
+11,478
| +86% | +$226K |
2015 Q4
4 quarters
|
|
814
Five Below
FIVE
$13.6B
| $510K | 0.02% |
+12,765
| New | +$502K |
2016 Q4
0 quarters
|
|
815
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$818M
| $510K | 0.02% |
+39,806
| New | +$521K |
2016 Q4
0 quarters
|
|
816
Ocular Therapeutix
OCUL
$1.38B
| $510K | 0.02% |
+60,985
| New | +$473K |
2016 Q4
0 quarters
|
|
817
Voya Financial
VOYA
$9.13B
| $510K | 0.02% |
+13,000
| New | +$458K |
2016 Q4
0 quarters
|
|
818
DELISTED
Array Biopharma Inc
ARRY
| $510K | 0.02% |
+58,000
| New | +$427K |
2016 Q4
0 quarters
|
|
|
MEET
819
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $508K | 0.02% |
103,015
+73,315
| +247% | +$379K |
2016 Q2
2 quarters
|
|
820
DELISTED
Invensense Inc
INVN
| $507K | 0.02% |
39,646
-103
| -0.3% | -$880 |
2016 Q3
1 quarter
|
|
821
Boston Properties
BXP
$10B
| $506K | 0.02% |
+4,019
| New | +$500K |
2016 Q4
0 quarters
|
|
|
KCG
822
DELISTED
KCG Holdings, Inc.
KCG
| $506K | 0.02% |
+38,170
| New | +$537K |
2016 Q4
0 quarters
|
|
|
FMSA
823
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $506K | 0.02% |
+42,948
| New | +$397K |
2016 Q4
0 quarters
|
|
824
DELISTED
Dynavax Technologies
DVAX
| $505K | 0.02% |
127,899
+113,448
| +785% | +$831K |
2016 Q3
1 quarter
|
|
825
DELISTED
Synovus
SNV
| $505K | 0.02% |
12,303
-8,707
| -41% | -$320K |
2015 Q4
4 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.