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 | |
|---|---|---|---|---|---|---|---|
826
Hartford Financial Services
HIG
$36.8B
| $765K | 0.01% |
13,800
-54,535
| -80% | -$2.97M |
2015 Q4
7 quarters
|
|
827
Northwest Natural Holdings
NWN
$2.2B
| $762K | 0.01% |
11,838
+3,186
| +37% | +$204K |
2017 Q1
2 quarters
|
|
|
CDK
828
DELISTED
CDK Global, Inc.
CDK
| $755K | 0.01% |
11,963
-80,488
| -87% | -$5.07M |
2017 Q1
2 quarters
|
|
829
Churchill Downs
CHDN
$6.84B
| $752K | 0.01% |
21,894
-19,464
| -47% | -$623K |
2017 Q1
2 quarters
|
|
830
Kirby Corp
KEX
$6.75B
| $752K | 0.01% |
11,400
+2,921
| +34% | +$185K |
2015 Q4
7 quarters
|
|
|
APTS
831
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $749K | 0.01% |
39,686
+24,886
| +168% | +$437K |
2017 Q2
1 quarter
|
|
832
OraSure Technologies
OSUR
$250M
| $748K | 0.01% |
33,242
-44,069
| -57% | -$886K |
2016 Q4
3 quarters
|
|
|
QTS
833
DELISTED
QTS REALTY TRUST, INC.
QTS
| $747K | 0.01% |
+14,275
| New | +$760K |
2017 Q3
0 quarters
|
|
834
DELISTED
TopBuild
BLD
| $737K | 0.01% |
11,309
+5,253
| +87% | +$297K |
2017 Q2
1 quarter
|
|
835
Insmed
INSM
$26.6B
| $734K | 0.01% |
23,534
+1,191
| +5% | +$22.7K |
2017 Q2
1 quarter
|
|
|
RTEC
836
DELISTED
Rudolph Technologies Inc
RTEC
| $731K | 0.01% |
27,796
+8,122
| +41% | +$190K |
2016 Q4
3 quarters
|
|
837
DELISTED
BioTelemetry, Inc.
BEAT
| $730K | 0.01% |
22,108
+8,953
| +68% | +$310K |
2017 Q1
2 quarters
|
|
838
EPR Properties
EPR
$4.61B
| $728K | 0.01% |
10,435
+6,180
| +145% | +$435K |
2017 Q1
2 quarters
|
|
839
Herbalife
HLF
$1.67B
| $728K | 0.01% |
21,480
+14,280
| +198% | +$489K |
2017 Q2
1 quarter
|
|
840
Portland General Electric
POR
$5.47B
| $727K | 0.01% |
15,925
+8,425
| +112% | +$388K |
2017 Q1
2 quarters
|
|
841
FerroAtlántica
GSM
$561M
| $724K | 0.01% |
54,988
-111,072
| -67% | -$1.44M |
2017 Q2
1 quarter
|
|
842
Steel Dynamics
STLD
$32.6B
| $722K | 0.01% |
+20,959
| New | +$735K |
2017 Q3
0 quarters
|
|
843
Essent Group
ESNT
$5.68B
| $719K | 0.01% |
17,757
-4,740
| -21% | -$183K |
2016 Q3
4 quarters
|
|
|
FMBI
844
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $717K | 0.01% |
30,624
+5,919
| +24% | +$132K |
2016 Q3
4 quarters
|
|
845
8x8 Inc
EGHT
$337M
| $716K | 0.01% |
53,011
+36,050
| +213% | +$491K |
2017 Q2
1 quarter
|
|
846
Edgewell Personal Care
EPC
$1.26B
| $716K | 0.01% |
9,840
-24,374
| -71% | -$1.8M |
2017 Q1
2 quarters
|
|
847
Huntington Bancshares
HBAN
$31.9B
| $712K | 0.01% |
51,000
-104,445
| -67% | -$1.37M |
2016 Q2
5 quarters
|
|
848
Integer Holdings
ITGR
$4.31B
| $711K | 0.01% |
13,893
+6,045
| +77% | +$277K |
2017 Q1
2 quarters
|
|
|
CUDA
849
DELISTED
Barracuda Networks, Inc.
CUDA
| $707K | 0.01% |
29,196
+15,350
| +111% | +$361K |
2016 Q4
3 quarters
|
|
850
BOK Financial
BOKF
$7.92B
| $706K | 0.01% |
7,923
-5,947
| -43% | -$496K |
2017 Q1
2 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.