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 | |
|---|---|---|---|---|---|---|---|
876
DELISTED
Barnes Group Inc.
B
| $212K | 0.01% |
6,412
+404
| +7% | +$13.7K |
2016 Q1
1 quarter
|
|
877
Raymond James Financial
RJF
$30.2B
| $211K | 0.01% |
+6,413
| New | +$219K |
2016 Q2
0 quarters
|
|
878
Pitney Bowes
PBI
$2.21B
| $209K | 0.01% |
11,721
-6,466
| -36% | -$125K |
2015 Q4
2 quarters
|
|
|
MDRX
879
DELISTED
Veradigm Inc. Common Stock
MDRX
| $209K | 0.01% |
16,491
-97,712
| -86% | -$1.3M |
2016 Q1
1 quarter
|
|
|
IPHS
880
DELISTED
Innophos Holdings, Inc.
IPHS
| $209K | 0.01% |
+4,947
| New | +$186K |
2016 Q2
0 quarters
|
|
881
Deluxe
DLX
$1.04B
| $208K | 0.01% |
3,131
-5,841
| -65% | -$371K |
2015 Q3
3 quarters
|
|
882
Heron Therapeutics
HRTX
$56M
| $208K | 0.01% |
11,500
-6,300
| -35% | -$123K |
2015 Q4
2 quarters
|
|
|
NRF
883
DELISTED
NorthStar Realty Finance Corp.
NRF
| $208K | 0.01% |
18,200
-25,400
| -58% | -$326K |
2015 Q4
2 quarters
|
|
884
DELISTED
Array Biopharma Inc
ARRY
| $207K | 0.01% |
+58,100
| New | +$189K |
2016 Q2
0 quarters
|
|
|
SFR
885
DELISTED
Starwood Waypoint Homes
SFR
| $207K | 0.01% |
+6,800
| New | +$181K |
2016 Q2
0 quarters
|
|
886
Dave & Buster's
PLAY
$296M
| $206K | 0.01% |
4,400
-32,210
| -88% | -$1.34M |
2016 Q1
1 quarter
|
|
887
DELISTED
American Equity Investment Life Holding Company
AEL
| $206K | 0.01% |
+14,491
| New | +$219K |
2016 Q2
0 quarters
|
|
888
Innospec
IOSP
$2.45B
| $205K | 0.01% |
4,452
-3,000
| -40% | -$142K |
2016 Q1
1 quarter
|
|
889
DELISTED
Select Medical
SEM
| $204K | 0.01% |
34,776
-48,094
| -58% | -$319K |
2015 Q4
2 quarters
|
|
|
PDCE
890
DELISTED
PDC Energy, Inc.
PDCE
| $204K | 0.01% |
3,534
-19,166
| -84% | -$1.14M |
2015 Q4
2 quarters
|
|
891
Churchill Downs
CHDN
$6.79B
| $202K | 0.01% |
+9,600
| New | +$212K |
2016 Q2
0 quarters
|
|
892
Targa Resources
TRGP
$63.2B
| $202K | 0.01% |
+4,800
| New | +$188K |
2016 Q2
0 quarters
|
|
893
Waste Connections
WCN
$47.1B
| $202K | 0.01% |
4,202
-1,596
| -28% | -$72.6K |
2016 Q1
1 quarter
|
|
894
ABM Industries
ABM
$3.13B
| $201K | 0.01% |
5,513
-1,940
| -26% | -$65.4K |
2016 Q1
1 quarter
|
|
895
Copart
CPRT
$29.6B
| $201K | 0.01% |
+32,816
| New | +$184K |
2016 Q2
0 quarters
|
|
896
Kaiser Aluminum
KALU
$1.9B
| $201K | 0.01% |
+2,226
| New | +$194K |
2016 Q2
0 quarters
|
|
|
CLNY
897
DELISTED
Colony Capital, Inc.
CLNY
| $201K | 0.01% |
13,100
-13,600
| -51% | -$236K |
2015 Q4
2 quarters
|
|
|
QLIK
898
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $201K | 0.01% |
6,800
-27,800
| -80% | -$829K |
2015 Q4
2 quarters
|
|
|
GLF
899
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $197K | 0.01% |
62,760
+42,316
| +207% | +$193K |
2015 Q4
2 quarters
|
|
900
Kosmos Energy
KOS
$1.47B
| $196K | 0.01% |
+36,000
| New | +$203K |
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.