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 | |
|---|---|---|---|---|---|---|---|
876
Summit Hotel Properties
INN
$782M
| $657K | 0.01% |
+41,092
| New | +$667K |
2017 Q3
0 quarters
|
|
877
NOV
NOV
$6.45B
| $657K | 0.01% |
18,400
-12,087
| -40% | -$395K |
2017 Q1
2 quarters
|
|
878
NetEase
NTES
$78.2B
| $657K | 0.01% |
12,455
+3,910
| +46% | +$225K |
2016 Q4
3 quarters
|
|
879
DELISTED
Skechers
SKX
| $655K | 0.01% |
26,110
-179,688
| -87% | -$4.91M |
2016 Q4
3 quarters
|
|
880
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $653K | 0.01% |
36,827
+18,675
| +103% | +$345K |
2017 Q2
1 quarter
|
|
|
TIF
881
DELISTED
Tiffany & Co.
TIF
| $650K | 0.01% |
7,079
-84,512
| -92% | -$7.74M |
2015 Q3
8 quarters
|
|
882
NorthWestern Energy
NWE
$5.22B
| $648K | 0.01% |
11,382
+5,979
| +111% | +$357K |
2016 Q3
4 quarters
|
|
883
Cathay General Bancorp
CATY
$4.33B
| $643K | 0.01% |
+15,990
| New | +$590K |
2017 Q3
0 quarters
|
|
|
BKI
884
DELISTED
Black Knight, Inc. Common Stock
BKI
| $643K | 0.01% |
14,944
-10,240
| -41% | -$434K |
2017 Q2
1 quarter
|
|
|
SRCI
885
DELISTED
SRC Energy Inc
SRCI
| $643K | 0.01% |
+66,511
| New | +$525K |
2017 Q3
0 quarters
|
|
886
Bio-Rad Laboratories Class A
BIO
$9.9B
| $641K | 0.01% |
2,886
+911
| +46% | +$205K |
2017 Q2
1 quarter
|
|
|
LFC
887
DELISTED
China Life Insurance Company Ltd.
LFC
| $641K | 0.01% |
+42,572
| New | +$668K |
2017 Q3
0 quarters
|
|
888
KBR
KBR
$4.49B
| $638K | 0.01% |
+35,664
| New | +$577K |
2017 Q3
0 quarters
|
|
|
MNTA
889
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $637K | 0.01% |
34,449
-57,907
| -63% | -$968K |
2017 Q2
1 quarter
|
|
890
International Bancshares
IBOC
$4.21B
| $632K | 0.01% |
+15,762
| New | +$570K |
2017 Q3
0 quarters
|
|
891
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $632K | 0.01% |
+33,266
| New | +$660K |
2017 Q3
0 quarters
|
|
892
American States Water
AWR
$3.52B
| $631K | 0.01% |
+12,818
| New | +$633K |
2017 Q3
0 quarters
|
|
893
Oxford Industries
OXM
$420M
| $628K | 0.01% |
9,881
+5,760
| +140% | +$352K |
2017 Q1
2 quarters
|
|
894
World Kinect Corp
WKC
$1.82B
| $624K | 0.01% |
+18,397
| New | +$656K |
2017 Q3
0 quarters
|
|
|
EFII
895
DELISTED
Electronics for Imaging
EFII
| $622K | 0.01% |
+14,575
| New | +$596K |
2017 Q3
0 quarters
|
|
896
Axcelis
ACLS
$3.22B
| $620K | 0.01% |
22,684
+3,360
| +17% | +$74.4K |
2017 Q2
1 quarter
|
|
897
Oceaneering
OII
$3.55B
| $618K | 0.01% |
23,524
-39,059
| -62% | -$946K |
2017 Q1
2 quarters
|
|
898
DELISTED
Splunk Inc
SPLK
| $618K | 0.01% |
+9,297
| New | +$582K |
2017 Q3
0 quarters
|
|
|
ALOG
899
DELISTED
Analogic Corp
ALOG
| $618K | 0.01% |
+7,380
| New | +$538K |
2017 Q3
0 quarters
|
|
900
Methode Electronics
MEI
$422M
| $617K | 0.01% |
14,563
-457
| -3% | -$18.1K |
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.