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 | |
|---|---|---|---|---|---|---|---|
851
Openlane
OPLN
$4.26B
| $706K | 0.01% |
+39,075
| New | +$645K |
2017 Q3
0 quarters
|
|
852
HEICO Corp Class A
HEI.A
$35.4B
| $704K | 0.01% |
+18,033
| New | +$660K |
2017 Q3
0 quarters
|
|
853
Post Holdings
POST
$3.57B
| $704K | 0.01% |
12,192
-235
| -2% | -$12.9K |
2015 Q4
7 quarters
|
|
854
Repligen
RGEN
$10.7B
| $700K | 0.01% |
+18,266
| New | +$766K |
2017 Q3
0 quarters
|
|
|
CXP
855
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $695K | 0.01% |
31,913
-27,109
| -46% | -$584K |
2017 Q1
2 quarters
|
|
856
Shutterstock
SSTK
$108M
| $694K | 0.01% |
20,842
+11,047
| +113% | +$408K |
2017 Q2
1 quarter
|
|
857
DELISTED
Spirit Airlines, Inc.
SAVE
| $694K | 0.01% |
+20,778
| New | +$831K |
2017 Q3
0 quarters
|
|
858
Hecla Mining
HL
$8.8B
| $691K | 0.01% |
137,718
+66,328
| +93% | +$340K |
2015 Q4
7 quarters
|
|
859
Phibro Animal Health
PAHC
$1.46B
| $691K | 0.01% |
18,646
+3,928
| +27% | +$148K |
2017 Q2
1 quarter
|
|
860
DELISTED
Caesars Entertainment Corporation
CZR
| $691K | 0.01% |
+51,764
| New | +$627K |
2017 Q3
0 quarters
|
|
861
EXL Service
EXLS
$6.52B
| $685K | 0.01% |
+58,715
| New | +$658K |
2017 Q3
0 quarters
|
|
862
Stellantis
STLA
$11.1B
| $676K | 0.01% |
37,761
+16,438
| +77% | +$227K |
2017 Q1
2 quarters
|
|
863
DELISTED
Leggett & Platt
LEG
| $672K | 0.01% |
+14,073
| New | +$680K |
2017 Q3
0 quarters
|
|
|
ACC
864
DELISTED
American Campus Communities, Inc.
ACC
| $671K | 0.01% |
15,191
-31,669
| -68% | -$1.5M |
2017 Q1
2 quarters
|
|
865
Independence Realty Trust
IRT
$3.53B
| $668K | 0.01% |
+65,701
| New | +$664K |
2017 Q3
0 quarters
|
|
|
STOR
866
DELISTED
STORE Capital Corporation
STOR
| $668K | 0.01% |
26,850
-42,342
| -61% | -$1.03M |
2017 Q1
2 quarters
|
|
867
Ormat Technologies
ORA
$5.56B
| $665K | 0.01% |
+10,886
| New | +$628K |
2017 Q3
0 quarters
|
|
|
ACIA
868
DELISTED
Acacia Communications Inc
ACIA
| $663K | 0.01% |
+14,082
| New | +$629K |
2017 Q3
0 quarters
|
|
|
AVXS
869
DELISTED
AveXis, Inc. Common Stock
AVXS
| $663K | 0.01% |
6,852
+1,252
| +22% | +$113K |
2016 Q4
3 quarters
|
|
870
Haemonetics
HAE
$5.6B
| $662K | 0.01% |
+14,754
| New | +$613K |
2017 Q3
0 quarters
|
|
871
WisdomTree
WT
$3.27B
| $662K | 0.01% |
64,984
+37,134
| +133% | +$359K |
2016 Q3
4 quarters
|
|
872
Western Union
WU
$2.1B
| $662K | 0.01% |
34,498
-103,802
| -75% | -$1.98M |
2017 Q2
1 quarter
|
|
873
DELISTED
Randgold Resources Ltd
GOLD
| $661K | 0.01% |
+6,767
| New | +$650K |
2017 Q3
0 quarters
|
|
|
MDCO
874
DELISTED
Medicines Co
MDCO
| $659K | 0.01% |
17,779
-20,827
| -54% | -$768K |
2017 Q1
2 quarters
|
|
875
Sensient Technologies
SXT
$4.97B
| $658K | 0.01% |
8,550
+2,901
| +51% | +$220K |
2017 Q2
1 quarter
|
|
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.