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 | |
|---|---|---|---|---|---|---|---|
951
DELISTED
TEGNA Inc
TGNA
| $542K | 0.01% |
40,689
-173,472
| -81% | -$2.33M |
2017 Q1
2 quarters
|
|
|
MNK
952
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $539K | 0.01% |
14,422
-34,831
| -71% | -$1.38M |
2015 Q4
7 quarters
|
|
953
DELISTED
Anywhere Real Estate
HOUS
| $531K | 0.01% |
+16,119
| New | +$545K |
2017 Q3
0 quarters
|
|
954
Watts Water Technologies
WTS
$12B
| $530K | 0.01% |
7,655
+1,777
| +30% | +$114K |
2017 Q1
2 quarters
|
|
955
DELISTED
CSG Systems International
CSGS
| $528K | 0.01% |
13,171
+4,389
| +50% | +$173K |
2017 Q2
1 quarter
|
|
956
Ingevity
NGVT
$2.08B
| $526K | 0.01% |
8,417
+4,101
| +95% | +$243K |
2017 Q2
1 quarter
|
|
|
CEO
957
DELISTED
CNOOC Limited
CEO
| $526K | 0.01% |
+4,053
| New | +$470K |
2017 Q3
0 quarters
|
|
958
NVR
NVR
$15.5B
| $525K | 0.01% |
+184
| New | +$493K |
2017 Q3
0 quarters
|
|
959
United Parcel Service
UPS
$95.7B
| $525K | 0.01% |
+4,374
| New | +$497K |
2017 Q3
0 quarters
|
|
|
WRI
960
DELISTED
Weingarten Realty Investors
WRI
| $525K | 0.01% |
+16,535
| New | +$528K |
2017 Q3
0 quarters
|
|
961
Crescent Biopharma
CBIO
$526M
| $524K | 0.01% |
+375
| New | +$440K |
2017 Q3
0 quarters
|
|
962
DELISTED
Cutera, Inc.
CUTR
| $523K | 0.01% |
+12,642
| New | +$417K |
2017 Q3
0 quarters
|
|
963
Semtech
SMTC
$10.7B
| $521K | 0.01% |
+13,875
| New | +$517K |
2017 Q3
0 quarters
|
|
964
Moog Inc Class A
MOG.A
$10.8B
| $517K | 0.01% |
6,196
+1,448
| +30% | +$110K |
2017 Q1
2 quarters
|
|
965
DELISTED
Cadence Bank
CADE
| $516K | 0.01% |
16,100
+7,863
| +95% | +$235K |
2017 Q2
1 quarter
|
|
966
CDW
CDW
$21.4B
| $514K | 0.01% |
+7,790
| New | +$487K |
2017 Q3
0 quarters
|
|
967
Murphy Oil
MUR
$5.28B
| $514K | 0.01% |
19,345
-53,358
| -73% | -$1.34M |
2017 Q2
1 quarter
|
|
968
Trinity Industries
TRN
$2.39B
| $514K | 0.01% |
22,387
-110,314
| -83% | -$2.28M |
2017 Q2
1 quarter
|
|
969
Apple Hospitality REIT
APLE
$4.59B
| $513K | 0.01% |
27,154
-3,230
| -11% | -$59.2K |
2017 Q2
1 quarter
|
|
970
Dauch Corp
DCH
$1.11B
| $513K | 0.01% |
29,161
-11,159
| -28% | -$172K |
2016 Q2
5 quarters
|
|
971
PennyMac Mortgage Investment
PMT
$650M
| $513K | 0.01% |
29,508
-14,255
| -33% | -$248K |
2017 Q2
1 quarter
|
|
|
TRTN
972
DELISTED
Triton International Limited
TRTN
| $512K | 0.01% |
+15,391
| New | +$530K |
2017 Q3
0 quarters
|
|
|
BBL
973
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $512K | 0.01% |
14,431
+7,024
| +95% | +$251K |
2016 Q2
5 quarters
|
|
974
Boyd Gaming
BYD
$5.46B
| $508K | 0.01% |
19,515
-83,476
| -81% | -$2.16M |
2015 Q4
7 quarters
|
|
975
Koppers
KOP
$586M
| $505K | 0.01% |
+10,934
| New | +$425K |
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.