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 | |
|---|---|---|---|---|---|---|---|
901
Nokia
NOK
$45.7B
| $614K | 0.01% |
102,698
-262,295
| -72% | -$1.63M |
2017 Q1
2 quarters
|
|
902
JD.com
JD
$37.7B
| $612K | 0.01% |
16,030
+4,065
| +34% | +$174K |
2016 Q3
4 quarters
|
|
903
PNC Financial Services
PNC
$92.3B
| $612K | 0.01% |
4,539
-33,445
| -88% | -$4.29M |
2016 Q4
3 quarters
|
|
904
Rogers Corp
ROG
$2.24B
| $612K | 0.01% |
4,589
-3,862
| -46% | -$458K |
2017 Q2
1 quarter
|
|
905
Wolfspeed
WOLF
$1.33B
| $610K | 0.01% |
21,649
+13,374
| +162% | +$333K |
2017 Q1
2 quarters
|
|
906
St. Joe Company
JOE
$3.98B
| $609K | 0.01% |
32,322
+19,152
| +145% | +$356K |
2017 Q2
1 quarter
|
|
|
SHLM
907
DELISTED
Schulman (A.) Inc
SHLM
| $609K | 0.01% |
+17,846
| New | +$532K |
2017 Q3
0 quarters
|
|
|
SPN
908
DELISTED
Superior Energy Services, Inc.
SPN
| $606K | 0.01% |
+5,674
| New | +$560K |
2017 Q3
0 quarters
|
|
909
Duke Energy
DUK
$101B
| $603K | 0.01% |
+7,185
| New | +$615K |
2017 Q3
0 quarters
|
|
910
Trueblue
TBI
$378M
| $603K | 0.01% |
26,876
+10,373
| +63% | +$235K |
2017 Q1
2 quarters
|
|
911
Westlake Corp
WLK
$8.13B
| $603K | 0.01% |
7,257
-11,943
| -62% | -$877K |
2016 Q3
4 quarters
|
|
912
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $603K | 0.01% |
9,602
-18,355
| -66% | -$1.15M |
2017 Q1
2 quarters
|
|
913
First American
FAF
$6.62B
| $599K | 0.01% |
11,985
-22,733
| -65% | -$1.09M |
2016 Q3
4 quarters
|
|
|
SCLN
914
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $599K | 0.01% |
53,512
-35,421
| -40% | -$391K |
2016 Q2
5 quarters
|
|
915
Benchmark Electronics
BHE
$2.25B
| $597K | 0.01% |
17,486
-6,898
| -28% | -$227K |
2017 Q1
2 quarters
|
|
|
RP
916
DELISTED
RealPage, Inc.
RP
| $596K | 0.01% |
14,939
-3,166
| -17% | -$126K |
2016 Q4
3 quarters
|
|
917
Seaboard Corp
SEB
$3.59B
| $595K | 0.01% |
+132
| New | +$564K |
2017 Q3
0 quarters
|
|
918
Silicom
SILC
$166M
| $595K | 0.01% |
+10,168
| New | +$540K |
2017 Q3
0 quarters
|
|
|
WEB
919
DELISTED
Web.com Group, Inc.
WEB
| $594K | 0.01% |
23,758
-7,823
| -25% | -$188K |
2017 Q2
1 quarter
|
|
920
Vishay Intertechnology
VSH
$4.08B
| $588K | 0.01% |
31,258
-8,858
| -22% | -$156K |
2017 Q2
1 quarter
|
|
|
MANT
921
DELISTED
Mantech International Corp
MANT
| $587K | 0.01% |
+13,296
| New | +$535K |
2017 Q3
0 quarters
|
|
922
Eldorado Gold
EGO
$8.24B
| $584K | 0.01% |
+53,069
| New | +$578K |
2017 Q3
0 quarters
|
|
|
CRAY
923
DELISTED
Cray, Inc.
CRAY
| $584K | 0.01% |
+30,007
| New | +$568K |
2017 Q3
0 quarters
|
|
924
DELISTED
CATALENT, INC.
CTLT
| $582K | 0.01% |
14,585
+6,041
| +71% | +$224K |
2017 Q2
1 quarter
|
|
925
Green Dot
GDOT
$659M
| $580K | 0.01% |
+11,703
| New | +$519K |
2017 Q3
0 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.