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 MSCI Taiwan ETF
EWT
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
826
Silicon Laboratories
SLAB
$7.39B
| $712K | 0.01% |
+10,413
| New | +$753K |
2017 Q2
0 quarters
|
|
827
ArcelorMittal
MT
$45.9B
| $711K | 0.01% |
+31,285
| New | +$701K |
2017 Q2
0 quarters
|
|
828
TD Synnex
SNX
$17.4B
| $711K | 0.01% |
+11,854
| New | +$663K |
2017 Q2
0 quarters
|
|
829
Covista Inc
CVSA
$3.67B
| $709K | 0.01% |
+18,687
| New | +$697K |
2017 Q2
0 quarters
|
|
830
Brink's
BCO
$4.54B
| $708K | 0.01% |
+10,566
| New | +$651K |
2017 Q2
0 quarters
|
|
|
WMGI
831
DELISTED
Wright Medical Group Inc
WMGI
| $708K | 0.01% |
25,740
-2,916
| -10% | -$82.4K |
2016 Q3
3 quarters
|
|
|
HSKA
832
DELISTED
Heska Corp
HSKA
| $706K | 0.01% |
6,919
+3,719
| +116% | +$367K |
2016 Q4
2 quarters
|
|
833
Synaptics
SYNA
$4.63B
| $705K | 0.01% |
13,638
-26,805
| -66% | -$1.46M |
2016 Q3
3 quarters
|
|
834
Chemed
CHE
$6.84B
| $704K | 0.01% |
+3,441
| New | +$685K |
2017 Q2
0 quarters
|
|
835
AbbVie
ABBV
$515B
| $703K | 0.01% |
9,700
-30,168
| -76% | -$2.03M |
2017 Q1
1 quarter
|
|
836
Strategy Inc
MSTR
$54.6B
| $702K | 0.01% |
36,650
+4,270
| +13% | +$79.3K |
2015 Q3
7 quarters
|
|
837
Marriott Vacations Worldwide
VAC
$3.8B
| $700K | 0.01% |
+5,941
| New | +$670K |
2017 Q2
0 quarters
|
|
838
Community Health Systems
CYH
$312M
| $699K | 0.01% |
70,207
-269,834
| -79% | -$2.47M |
2016 Q4
2 quarters
|
|
839
DELISTED
Chart Industries
GTLS
| $694K | 0.01% |
19,974
+5,625
| +39% | +$196K |
2016 Q4
2 quarters
|
|
840
Wingstop
WING
$4.42B
| $694K | 0.01% |
+22,461
| New | +$667K |
2017 Q2
0 quarters
|
|
|
HRG
841
DELISTED
HRG Group, Inc.
HRG
| $694K | 0.01% |
+39,200
| New | +$736K |
2017 Q2
0 quarters
|
|
842
AB InBev
BUD
$165B
| $688K | 0.01% |
6,235
-478
| -7% | -$54.7K |
2016 Q4
2 quarters
|
|
843
Brown & Brown
BRO
$23.9B
| $686K | 0.01% |
31,872
+8,212
| +35% | +$176K |
2017 Q1
1 quarter
|
|
844
Kimberly-Clark
KMB
$66.5B
| $684K | 0.01% |
5,300
-85,468
| -94% | -$11.1M |
2016 Q3
3 quarters
|
|
845
SiteOne Landscape Supply
SITE
$4.86B
| $682K | 0.01% |
13,100
-2,250
| -15% | -$112K |
2016 Q4
2 quarters
|
|
846
LKQ Corp
LKQ
$5.06B
| $680K | 0.01% |
20,626
-100,011
| -83% | -$3.09M |
2015 Q4
6 quarters
|
|
847
Asbury Automotive
ABG
$3.64B
| $679K | 0.01% |
+12,013
| New | +$691K |
2017 Q2
0 quarters
|
|
848
TTEC Holdings
TTEC
$68M
| $678K | 0.01% |
+16,619
| New | +$603K |
2017 Q2
0 quarters
|
|
849
Crane NXT
CXT
$3.31B
| $676K | 0.01% |
+24,520
| New | +$663K |
2017 Q2
0 quarters
|
|
850
Tenaris
TS
$29.7B
| $676K | 0.01% |
+21,713
| New | +$684K |
2017 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.