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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
951
DELISTED
Brightcove, Inc.
BCOV
| $404K | 0.02% |
+50,154
| New | +$490K |
2016 Q4
0 quarters
|
|
952
Host Hotels & Resorts
HST
$17.5B
| $403K | 0.02% |
+21,405
| New | +$362K |
2016 Q4
0 quarters
|
|
953
Kinsale Capital Group
KNSL
$8.78B
| $403K | 0.02% |
+11,851
| New | +$314K |
2016 Q4
0 quarters
|
|
954
Regal Rexnord
RRX
$12B
| $403K | 0.02% |
5,821
-10,627
| -65% | -$703K |
2016 Q1
3 quarters
|
|
955
DELISTED
Dynegy, Inc.
DYN
| $402K | 0.02% |
+47,555
| New | +$469K |
2016 Q4
0 quarters
|
|
956
Donnelley Financial Solutions
DFIN
$1.67B
| $401K | 0.02% |
+17,466
| New | +$370K |
2016 Q4
0 quarters
|
|
957
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$628M
| $398K | 0.02% |
+27,800
| New | +$412K |
2016 Q4
0 quarters
|
|
|
ELGX
958
DELISTED
Endologix Inc
ELGX
| $396K | 0.02% |
+6,925
| New | +$634K |
2016 Q4
0 quarters
|
|
|
ABCO
959
DELISTED
Advisory Board Co
ABCO
| $396K | 0.02% |
11,903
+7,340
| +161% | +$271K |
2016 Q3
1 quarter
|
|
|
BFX
960
DELISTED
BowFlex Inc.
BFX
| $394K | 0.02% |
21,318
+6,994
| +49% | +$130K |
2016 Q3
1 quarter
|
|
|
CSOD
961
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $394K | 0.02% |
9,315
+2,215
| +31% | +$87.9K |
2016 Q3
1 quarter
|
|
|
MTGE
962
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $394K | 0.02% |
+25,081
| New | +$416K |
2016 Q4
0 quarters
|
|
963
Emergent Biosolutions
EBS
$303M
| $393K | 0.02% |
+11,967
| New | +$359K |
2016 Q4
0 quarters
|
|
964
LeMaitre Vascular
LMAT
$1.78B
| $393K | 0.02% |
+15,505
| New | +$344K |
2016 Q4
0 quarters
|
|
965
DELISTED
Vital Energy
VTLE
| $393K | 0.02% |
+1,390
| New | +$382K |
2016 Q4
0 quarters
|
|
|
CBF
966
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $393K | 0.02% |
+10,009
| New | +$351K |
2016 Q4
0 quarters
|
|
967
Innospec
IOSP
$1.95B
| $392K | 0.02% |
+5,726
| New | +$368K |
2016 Q4
0 quarters
|
|
968
Pricesmart
PSMT
$5.09B
| $392K | 0.02% |
+4,700
| New | +$413K |
2016 Q4
0 quarters
|
|
969
DELISTED
Coresite Realty Corporation
COR
| $392K | 0.02% |
+4,939
| New | +$363K |
2016 Q4
0 quarters
|
|
970
Addus HomeCare
ADUS
$2.31B
| $391K | 0.02% |
+11,169
| New | +$344K |
2016 Q4
0 quarters
|
|
971
Strategy Inc
MSTR
$48.4B
| $391K | 0.02% |
19,790
-22,210
| -53% | -$420K |
2015 Q3
5 quarters
|
|
|
XENT
972
DELISTED
Intersect ENT, Inc
XENT
| $391K | 0.02% |
+32,313
| New | +$418K |
2016 Q4
0 quarters
|
|
973
Brookdale Senior Living
BKD
$2.14B
| $390K | 0.02% |
+31,426
| New | +$422K |
2016 Q4
0 quarters
|
|
974
Carter's
CRI
$1.24B
| $390K | 0.02% |
+4,514
| New | +$403K |
2016 Q4
0 quarters
|
|
975
The Marzetti Company
MZTI
$3.01B
| $390K | 0.02% |
2,760
+1,046
| +61% | +$141K |
2016 Q2
2 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.