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 | |
|---|---|---|---|---|---|---|---|
826
O'Reilly Automotive
ORLY
$73B
| $240K | 0.02% |
13,275
-47,250
| -78% | -$835K |
2015 Q4
2 quarters
|
|
827
PTC
PTC
$21.1B
| $239K | 0.01% |
6,361
-26,268
| -81% | -$941K |
2016 Q1
1 quarter
|
|
828
United Parcel Service
UPS
$93.3B
| $239K | 0.01% |
2,215
-11,083
| -83% | -$1.15M |
2015 Q4
2 quarters
|
|
|
TMX
829
DELISTED
Terminix Global Holdings, Inc.
TMX
| $239K | 0.01% |
+8,958
| New | +$228K |
2016 Q2
0 quarters
|
|
830
DELISTED
Staples Inc
SPLS
| $239K | 0.01% |
27,725
-227,848
| -89% | -$2.17M |
2016 Q1
1 quarter
|
|
831
Applied Industrial Technologies
AIT
$10.9B
| $236K | 0.01% |
5,222
-1
| -0% | -$45 |
2016 Q1
1 quarter
|
|
832
Celanese
CE
$5.26B
| $236K | 0.01% |
+3,600
| New | +$250K |
2016 Q2
0 quarters
|
|
|
SCLN
833
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $236K | 0.01% |
+18,055
| New | +$237K |
2016 Q2
0 quarters
|
|
|
UTEK
834
DELISTED
Ultratech Inc.
UTEK
| $236K | 0.01% |
+10,258
| New | +$224K |
2016 Q2
0 quarters
|
|
835
DELISTED
Media General, Inc
MEG
| $236K | 0.01% |
+13,700
| New | +$237K |
2016 Q2
0 quarters
|
|
836
Openlane
OPLN
$4.83B
| $234K | 0.01% |
14,795
-4,756
| -24% | -$71.1K |
2015 Q4
2 quarters
|
|
837
Oneok
OKE
$58.3B
| $233K | 0.01% |
+4,910
| New | +$195K |
2016 Q2
0 quarters
|
|
|
WP
838
DELISTED
Worldpay, Inc.
WP
| $232K | 0.01% |
4,100
-3,600
| -47% | -$195K |
2015 Q4
2 quarters
|
|
839
Genpact
G
$6.78B
| $231K | 0.01% |
+8,600
| New | +$237K |
2016 Q2
0 quarters
|
|
840
HUB Group
HUBG
$1.67B
| $231K | 0.01% |
12,064
+2,006
| +20% | +$39.2K |
2016 Q1
1 quarter
|
|
841
TransUnion
TRU
$15.1B
| $231K | 0.01% |
+6,900
| New | +$212K |
2016 Q2
0 quarters
|
|
842
UMB Financial
UMBF
$10.4B
| $231K | 0.01% |
4,346
-3,815
| -47% | -$207K |
2016 Q1
1 quarter
|
|
843
Power Integrations
POWI
$2.51B
| $230K | 0.01% |
+9,176
| New | +$224K |
2016 Q2
0 quarters
|
|
844
DELISTED
CalAmp Corp.
CAMP
| $230K | 0.01% |
+674
| New | +$237K |
2016 Q2
0 quarters
|
|
|
ALJ
845
DELISTED
Alon USA Energy Inc
ALJ
| $229K | 0.01% |
35,409
-44,202
| -56% | -$381K |
2016 Q1
1 quarter
|
|
846
Yelp
YELP
$1.07B
| $227K | 0.01% |
+7,474
| New | +$182K |
2016 Q2
0 quarters
|
|
847
DELISTED
Anywhere Real Estate
HOUS
| $226K | 0.01% |
7,794
+1,894
| +32% | +$62.3K |
2015 Q4
2 quarters
|
|
848
NMI Holdings
NMIH
$3.27B
| $226K | 0.01% |
+41,311
| New | +$234K |
2016 Q2
0 quarters
|
|
849
DELISTED
Taylor Morrison
TMHC
| $226K | 0.01% |
15,229
+429
| +3% | +$6.31K |
2016 Q1
1 quarter
|
|
850
DELISTED
TopBuild
BLD
| $225K | 0.01% |
+6,214
| New | +$210K |
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.