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 | |
|---|---|---|---|---|---|---|---|
|
GWR
801
DELISTED
Genesee & Wyoming Inc.
GWR
| $838K | 0.02% |
11,325
-4,427
| -28% | -$303K |
2017 Q2
1 quarter
|
|
|
HSNI
802
DELISTED
HSN, Inc.
HSNI
| $824K | 0.02% |
21,108
-37,116
| -64% | -$1.41M |
2016 Q4
3 quarters
|
|
|
MGI
803
DELISTED
MoneyGram International, Inc. New
MGI
| $823K | 0.02% |
51,062
-12,226
| -19% | -$198K |
2017 Q2
1 quarter
|
|
|
RRD
804
DELISTED
RR Donnelley & Sons Co.
RRD
| $821K | 0.02% |
79,726
+63,365
| +387% | +$656K |
2017 Q2
1 quarter
|
|
805
ArcBest
ARCB
$3.01B
| $817K | 0.02% |
24,418
+6,206
| +34% | +$163K |
2016 Q4
3 quarters
|
|
806
Intuitive Surgical
ISRG
$154B
| $817K | 0.02% |
7,029
-45,909
| -87% | -$5M |
2017 Q2
1 quarter
|
|
807
Invesco Mortgage Capital
IVR
$550M
| $814K | 0.02% |
+4,749
| New | +$801K |
2017 Q3
0 quarters
|
|
808
Empire State Realty Trust
ESRT
$839M
| $812K | 0.02% |
39,533
+20,711
| +110% | +$424K |
2017 Q1
2 quarters
|
|
809
Metallus
MTUS
$699M
| $809K | 0.02% |
+49,013
| New | +$751K |
2017 Q3
0 quarters
|
|
810
DELISTED
Tri Pointe Homes
TPH
| $805K | 0.02% |
+58,324
| New | +$775K |
2017 Q3
0 quarters
|
|
811
DELISTED
Webster Financial
WBS
| $804K | 0.02% |
15,304
-101,343
| -87% | -$5.06M |
2017 Q2
1 quarter
|
|
|
LOGM
812
DELISTED
LogMein, Inc.
LOGM
| $804K | 0.02% |
7,305
-60,147
| -89% | -$6.74M |
2017 Q1
2 quarters
|
|
813
Cullen/Frost Bankers
CFR
$9.8B
| $803K | 0.02% |
8,460
+5,507
| +186% | +$498K |
2017 Q1
2 quarters
|
|
814
Golar LNG
GLNG
$4.39B
| $794K | 0.02% |
35,108
+1,804
| +5% | +$39.6K |
2016 Q2
5 quarters
|
|
815
DELISTED
Vista Outdoor Inc.
VSTO
| $791K | 0.02% |
+34,482
| New | +$775K |
2017 Q3
0 quarters
|
|
816
Forward Air
FWRD
$587M
| $785K | 0.02% |
13,721
+9,855
| +255% | +$520K |
2017 Q2
1 quarter
|
|
817
DELISTED
Taylor Morrison
TMHC
| $785K | 0.02% |
35,621
+12,721
| +56% | +$281K |
2017 Q1
2 quarters
|
|
818
Piedmont Realty Trust
PDM
$1.24B
| $781K | 0.02% |
38,730
+16,270
| +72% | +$332K |
2017 Q2
1 quarter
|
|
819
Vanda Pharmaceuticals
VNDA
$241M
| $781K | 0.02% |
43,647
+30,047
| +221% | +$503K |
2016 Q4
3 quarters
|
|
820
Innoviva
INVA
$1.35B
| $779K | 0.02% |
55,202
+43,872
| +387% | +$580K |
2017 Q1
2 quarters
|
|
821
Graco
GGG
$11.6B
| $778K | 0.02% |
18,861
+9,318
| +98% | +$355K |
2017 Q2
1 quarter
|
|
822
Global Payments
GPN
$24.3B
| $778K | 0.02% |
8,189
-29,855
| -78% | -$2.81M |
2015 Q4
7 quarters
|
|
823
RPC Inc
RES
$1.28B
| $775K | 0.01% |
31,254
-43,658
| -58% | -$907K |
2016 Q3
4 quarters
|
|
|
NUVA
824
DELISTED
NuVasive, Inc.
NUVA
| $771K | 0.01% |
13,907
+7,754
| +126% | +$513K |
2017 Q2
1 quarter
|
|
|
RUTH
825
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $767K | 0.01% |
36,614
+17,816
| +95% | +$360K |
2016 Q4
3 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.