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 | |
|---|---|---|---|---|---|---|---|
926
STAG Industrial
STAG
$7.06B
| $538K | 0.01% |
19,500
-9,500
| -33% | -$254K |
2016 Q4
2 quarters
|
|
927
Duluth Holdings
DLTH
$149M
| $535K | 0.01% |
+29,391
| New | +$582K |
2017 Q2
0 quarters
|
|
|
CSII
928
DELISTED
Cardiovascular Systems, Inc.
CSII
| $533K | 0.01% |
+16,541
| New | +$504K |
2017 Q2
0 quarters
|
|
|
RICE
929
DELISTED
Rice Energy Inc.
RICE
| $533K | 0.01% |
20,032
-42,241
| -68% | -$937K |
2015 Q4
6 quarters
|
|
930
CNO Financial Group
CNO
$5.09B
| $530K | 0.01% |
25,399
-56,543
| -69% | -$1.17M |
2016 Q3
3 quarters
|
|
|
NTUS
931
DELISTED
Natus Medical Inc
NTUS
| $528K | 0.01% |
14,164
+5,057
| +56% | +$183K |
2016 Q4
2 quarters
|
|
|
LOXO
932
DELISTED
Loxo Oncology, Inc
LOXO
| $525K | 0.01% |
+6,553
| New | +$363K |
2017 Q2
0 quarters
|
|
933
Equity Lifestyle Properties
ELS
$12.3B
| $521K | 0.01% |
12,058
+5,744
| +91% | +$239K |
2016 Q2
4 quarters
|
|
934
Check Point Software Technologies
CHKP
$14.7B
| $520K | 0.01% |
+4,769
| New | +$515K |
2017 Q2
0 quarters
|
|
935
Northwest Natural Holdings
NWN
$2.18B
| $518K | 0.01% |
8,652
-53
| -0.6% | -$3.2K |
2017 Q1
1 quarter
|
|
936
Whirlpool
WHR
$2.01B
| $517K | 0.01% |
+2,700
| New | +$494K |
2017 Q2
0 quarters
|
|
937
NetEase
NTES
$82.9B
| $514K | 0.01% |
8,545
-1,910
| -18% | -$110K |
2016 Q4
2 quarters
|
|
938
Cohu
COHU
$1.82B
| $513K | 0.01% |
32,620
+10,617
| +48% | +$194K |
2017 Q1
1 quarter
|
|
|
SGEN
939
DELISTED
Seagen Inc. Common Stock
SGEN
| $513K | 0.01% |
9,916
-3,084
| -24% | -$196K |
2016 Q3
3 quarters
|
|
940
Navient Holdings, Inc. Common Stock
NAVI
$790M
| $511K | 0.01% |
30,692
-24,831
| -45% | -$375K |
2015 Q4
6 quarters
|
|
941
Ternium
TX
$9.7B
| $507K | 0.01% |
+18,058
| New | +$461K |
2017 Q2
0 quarters
|
|
942
AdvanSix
ASIX
$454M
| $505K | 0.01% |
+16,155
| New | +$460K |
2017 Q2
0 quarters
|
|
943
World Acceptance Corp
WRLD
$695M
| $503K | 0.01% |
+6,717
| New | +$460K |
2017 Q2
0 quarters
|
|
944
Genworth Financial
GNW
$3.19B
| $502K | 0.01% |
133,108
-43,203
| -25% | -$164K |
2016 Q3
3 quarters
|
|
|
SFLY
945
DELISTED
Shutterfly, Inc.
SFLY
| $501K | 0.01% |
+10,543
| New | +$525K |
2017 Q2
0 quarters
|
|
|
CCP
946
DELISTED
Care Capital Properties, Inc.
CCP
| $501K | 0.01% |
+18,779
| New | +$507K |
2017 Q2
0 quarters
|
|
947
Trex
TREX
$5.47B
| $498K | 0.01% |
+29,432
| New | +$497K |
2017 Q2
0 quarters
|
|
|
KLXI
948
DELISTED
KLX Inc.
KLXI
| $498K | 0.01% |
+11,816
| New | +$479K |
2017 Q2
0 quarters
|
|
949
Heron Therapeutics
HRTX
$55.6M
| $497K | 0.01% |
+35,913
| New | +$520K |
2017 Q2
0 quarters
|
|
950
Ferrari
RACE
$72.9B
| $496K | 0.01% |
5,761
-1,239
| -18% | -$101K |
2017 Q1
1 quarter
|
|
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.