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 | |
|---|---|---|---|---|---|---|---|
926
DELISTED
Sears Holding Corporation
SHLD
| $163K | 0.01% |
+12,000
| New | +$169K |
2016 Q2
0 quarters
|
|
927
Cousins Properties
CUZ
$4.86B
| $162K | 0.01% |
5,527
-6,765
| -55% | -$201K |
2016 Q1
1 quarter
|
|
928
DELISTED
Cross Country Healthcare
CCRN
| $161K | 0.01% |
+11,596
| New | +$154K |
2016 Q2
0 quarters
|
|
|
ORBC
929
DELISTED
ORBCOMM, Inc.
ORBC
| $161K | 0.01% |
+16,200
| New | +$156K |
2016 Q2
0 quarters
|
|
930
Delek US
DK
$4.5B
| $160K | 0.01% |
12,100
-56,300
| -82% | -$801K |
2015 Q3
3 quarters
|
|
931
Northern Oil and Gas
NOG
$2.75B
| $160K | 0.01% |
3,480
+418
| +14% | +$19.6K |
2015 Q4
2 quarters
|
|
932
DELISTED
Chesapeake Energy Corporation
CHK
| $160K | 0.01% |
187
-477
| -72% | -$458K |
2015 Q4
2 quarters
|
|
933
Match Group
MTCH
$9.7B
| $158K | 0.01% |
+10,500
| New | +$138K |
2016 Q2
0 quarters
|
|
934
Constellium
CSTM
$3.09B
| $156K | 0.01% |
+33,200
| New | +$171K |
2016 Q2
0 quarters
|
|
|
EBSB
935
DELISTED
Meridian Bancorp, Inc.
EBSB
| $156K | 0.01% |
+10,574
| New | +$154K |
2016 Q2
0 quarters
|
|
|
TESO
936
DELISTED
Tesco Corp
TESO
| $155K | 0.01% |
+23,137
| New | +$179K |
2016 Q2
0 quarters
|
|
|
ARLZ
937
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $155K | 0.01% |
+47,100
| New | +$178K |
2016 Q2
0 quarters
|
|
|
CYS
938
DELISTED
CYS Investments Inc.
CYS
| $153K | 0.01% |
18,314
-13,986
| -43% | -$115K |
2015 Q4
2 quarters
|
|
939
Mueller Water Products
MWA
$3.75B
| $152K | 0.01% |
+13,300
| New | +$142K |
2016 Q2
0 quarters
|
|
|
CS
940
DELISTED
Credit Suisse Group
CS
| $152K | 0.01% |
+14,200
| New | +$194K |
2016 Q2
0 quarters
|
|
|
RFP
941
DELISTED
Resolute Forest Products Inc.
RFP
| $151K | 0.01% |
+28,600
| New | +$159K |
2016 Q2
0 quarters
|
|
942
DELISTED
Aviva Plc
AV
| $151K | 0.01% |
+14,100
| New | +$175K |
2016 Q2
0 quarters
|
|
|
RT
943
DELISTED
Ruby Tuesday Georgia
RT
| $149K | 0.01% |
+41,139
| New | +$174K |
2016 Q2
0 quarters
|
|
|
MEET
944
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $149K | 0.01% |
+28,000
| New | +$104K |
2016 Q2
0 quarters
|
|
945
Civeo
CVEO
$372M
| $148K | 0.01% |
+6,842
| New | +$140K |
2016 Q2
0 quarters
|
|
946
Safehold
SAFE
$818M
| $148K | 0.01% |
+3,171
| New | +$149K |
2016 Q2
0 quarters
|
|
947
Groupon
GRPN
$634M
| $145K | 0.01% |
2,234
-3,391
| -60% | -$251K |
2016 Q1
1 quarter
|
|
948
Nokia
NOK
$46.5B
| $145K | 0.01% |
+25,500
| New | +$144K |
2016 Q2
0 quarters
|
|
949
SunCoke Energy
SXC
$962M
| $142K | 0.01% |
24,461
-21,739
| -47% | -$137K |
2015 Q4
2 quarters
|
|
|
QHC
950
DELISTED
Quorum Health Corporation
QHC
| $142K | 0.01% |
+13,276
| New | +$155K |
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.