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 | |
|---|---|---|---|---|---|---|---|
876
Assurant
AIZ
$15.1B
| $627K | 0.01% |
6,050
-8,230
| -58% | -$820K |
2016 Q4
2 quarters
|
|
|
ILG
877
DELISTED
ILG, Inc Common Stock
ILG
| $627K | 0.01% |
22,802
+11,678
| +105% | +$296K |
2017 Q1
1 quarter
|
|
|
AXE
878
DELISTED
Anixter International Inc
AXE
| $625K | 0.01% |
7,993
-9,905
| -55% | -$774K |
2017 Q1
1 quarter
|
|
879
Sonoco
SON
$4.99B
| $624K | 0.01% |
+12,141
| New | +$625K |
2017 Q2
0 quarters
|
|
880
Hubbell
HUBB
$22.7B
| $620K | 0.01% |
5,478
+2,247
| +70% | +$260K |
2017 Q1
1 quarter
|
|
|
881
Altria Group
MO
$127B
| $620K | 0.01% |
8,324
-442,580
| -98% | -$32.4M |
2017 Q1
1 quarter
|
|
882
Methode Electronics
MEI
$384M
| $619K | 0.01% |
+15,020
| New | +$627K |
2017 Q2
0 quarters
|
|
883
DELISTED
American Woodmark
AMWD
| $616K | 0.01% |
+6,448
| New | +$592K |
2017 Q2
0 quarters
|
|
|
SIOX
884
DELISTED
Sio Gene Therapies Inc. Common Stock
SIOX
| $616K | 0.01% |
+3,319
| New | +$582K |
2017 Q2
0 quarters
|
|
|
AERI
885
DELISTED
Aerie Pharmaceuticals
AERI
| $615K | 0.01% |
11,700
-1,134
| -9% | -$52.8K |
2016 Q3
3 quarters
|
|
886
DELISTED
Avanos Medical
AVNS
| $610K | 0.01% |
15,533
-9,806
| -39% | -$371K |
2016 Q4
2 quarters
|
|
887
Fossil Group
FOSL
$462M
| $609K | 0.01% |
58,826
-166,631
| -74% | -$2.25M |
2015 Q3
7 quarters
|
|
888
Penske Automotive Group
PAG
$13.9B
| $608K | 0.01% |
13,848
-2,291
| -14% | -$101K |
2016 Q4
2 quarters
|
|
889
Aramark
ARMK
$13.9B
| $607K | 0.01% |
20,498
-19,740
| -49% | -$541K |
2016 Q4
2 quarters
|
|
|
ESL
890
DELISTED
Esterline Technologies
ESL
| $603K | 0.01% |
+6,363
| New | +$591K |
2017 Q2
0 quarters
|
|
891
MFA Financial
MFA
$628M
| $600K | 0.01% |
+17,871
| New | +$591K |
2017 Q2
0 quarters
|
|
892
DELISTED
Instructure, Inc.
INST
| $599K | 0.01% |
+20,302
| New | +$516K |
2017 Q2
0 quarters
|
|
|
ABCO
893
DELISTED
Advisory Board Co
ABCO
| $597K | 0.01% |
+11,598
| New | +$582K |
2017 Q2
0 quarters
|
|
894
Onto Innovation
ONTO
$8.5B
| $593K | 0.01% |
23,443
+1,228
| +6% | +$34.6K |
2017 Q1
1 quarter
|
|
895
Bank of N.T. Butterfield & Son
NTB
$2.17B
| $590K | 0.01% |
+17,300
| New | +$576K |
2017 Q2
0 quarters
|
|
896
Brown-Forman Class B
BF.B
$14B
| $589K | 0.01% |
18,939
-10,517
| -36% | -$330K |
2015 Q4
6 quarters
|
|
|
PVG
897
DELISTED
PRETIUM RESOURCES INC.
PVG
| $588K | 0.01% |
+61,225
| New | +$589K |
2017 Q2
0 quarters
|
|
|
BBG
898
DELISTED
Bill Barrett Corp
BBG
| $585K | 0.01% |
190,504
-73,318
| -28% | -$273K |
2015 Q3
7 quarters
|
|
899
Dolby
DLB
$6.07B
| $578K | 0.01% |
+11,800
| New | +$602K |
2017 Q2
0 quarters
|
|
|
SPNC
900
DELISTED
Spectranetics Corp
SPNC
| $578K | 0.01% |
+15,064
| New | +$434K |
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.