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 | |
|---|---|---|---|---|---|---|---|
|
CCMP
926
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $577K | 0.01% |
7,222
-18,940
| -72% | -$1.39M |
2017 Q2
1 quarter
|
|
927
AGCO
AGCO
$7.72B
| $575K | 0.01% |
7,793
-32,932
| -81% | -$2.31M |
2017 Q2
1 quarter
|
|
928
Highwoods Properties
HIW
$3.43B
| $573K | 0.01% |
11,002
-5,239
| -32% | -$268K |
2016 Q2
5 quarters
|
|
|
PSB
929
DELISTED
PS Business Parks, Inc.
PSB
| $573K | 0.01% |
4,289
+2,420
| +129% | +$321K |
2017 Q2
1 quarter
|
|
930
Gentex
GNTX
$3.94B
| $569K | 0.01% |
+28,733
| New | +$522K |
2017 Q3
0 quarters
|
|
931
Canadian Imperial Bank of Commerce
CM
$105B
| $568K | 0.01% |
12,978
+1,262
| +11% | +$54K |
2017 Q1
2 quarters
|
|
932
eHealth
EHTH
$13.4M
| $568K | 0.01% |
23,792
-19,934
| -46% | -$406K |
2017 Q2
1 quarter
|
|
933
Callaway Golf Company
CALY
$3.05B
| $568K | 0.01% |
39,337
+8,466
| +27% | +$112K |
2016 Q3
4 quarters
|
|
934
LKQ Corp
LKQ
$4.91B
| $567K | 0.01% |
15,743
-4,883
| -24% | -$166K |
2015 Q4
7 quarters
|
|
935
Globus Medical
GMED
$9.6B
| $564K | 0.01% |
18,977
+4,948
| +35% | +$151K |
2016 Q4
3 quarters
|
|
936
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $562K | 0.01% |
+34,737
| New | +$543K |
2017 Q3
0 quarters
|
|
937
Agree Realty
ADC
$9.03B
| $560K | 0.01% |
11,415
-5,914
| -34% | -$289K |
2017 Q2
1 quarter
|
|
938
Heron Therapeutics
HRTX
$59.1M
| $559K | 0.01% |
34,610
-1,303
| -4% | -$20.4K |
2017 Q2
1 quarter
|
|
939
Fulton Financial
FULT
$4.54B
| $555K | 0.01% |
+29,584
| New | +$532K |
2017 Q3
0 quarters
|
|
940
Strategy Inc
MSTR
$47.2B
| $554K | 0.01% |
43,410
+6,760
| +18% | +$98.3K |
2015 Q3
8 quarters
|
|
941
Popular Inc
BPOP
$9.9B
| $552K | 0.01% |
15,370
+4,503
| +41% | +$182K |
2017 Q1
2 quarters
|
|
942
Revvity
RVTY
$17.2B
| $551K | 0.01% |
+7,993
| New | +$536K |
2017 Q3
0 quarters
|
|
|
XENT
943
DELISTED
Intersect ENT, Inc
XENT
| $551K | 0.01% |
17,676
+8,976
| +103% | +$266K |
2017 Q2
1 quarter
|
|
944
First Financial Bankshares
FFIN
$4.33B
| $549K | 0.01% |
24,282
+10,456
| +76% | +$219K |
2017 Q2
1 quarter
|
|
945
Jack Henry & Associates
JKHY
$12.4B
| $548K | 0.01% |
+5,334
| New | +$552K |
2017 Q3
0 quarters
|
|
946
LeMaitre Vascular
LMAT
$1.79B
| $546K | 0.01% |
14,593
-103
| -0.7% | -$3.51K |
2016 Q4
3 quarters
|
|
947
Royal Bank of Canada
RY
$280B
| $546K | 0.01% |
+7,061
| New | +$527K |
2017 Q3
0 quarters
|
|
948
Avnet
AVT
$6.91B
| $543K | 0.01% |
+13,819
| New | +$529K |
2017 Q3
0 quarters
|
|
949
Martin Marietta Materials
MLM
$36.5B
| $543K | 0.01% |
2,635
-739
| -22% | -$156K |
2017 Q1
2 quarters
|
|
950
Hanover Insurance
THG
$8.53B
| $543K | 0.01% |
5,603
-3,821
| -41% | -$364K |
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.