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 |
Abbott
ABT
|
+$8.99M |
| 2 |
General Dynamics
GD
|
+$8.34M |
| 3 |
PPG Industries
PPG
|
+$8.12M |
| 4 |
American Tower
AMT
|
+$7.78M |
| 5 |
United Airlines
UAL
|
+$7.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$4.51M |
| 2 |
CY
Cypress Semiconductor
CY
|
+$3.12M |
| 3 |
Medtronic
MDT
|
+$2.51M |
| 4 |
FedEx
FDX
|
+$2.49M |
| 5 |
Automatic Data Processing
ADP
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.65% |
| 2 | Industrials | 13.83% |
| 3 | Financials | 11.56% |
| 4 | Consumer Discretionary | 11.53% |
| 5 | Technology | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Host Hotels & Resorts
HST
$17.7B
| $1.52M | 0.38% |
+96,335
| New | +$1.8M |
2015 Q3
0 quarters
|
|
77
Elevance Health
ELV
$92.5B
| $1.5M | 0.38% |
10,752
+6,401
| +147% | +$962K |
2015 Q2
1 quarter
|
|
78
Darden Restaurants
DRI
$26B
| $1.48M | 0.37% |
24,148
+9,213
| +62% | +$585K |
2015 Q1
2 quarters
|
|
79
Zoetis
ZTS
$33.4B
| $1.46M | 0.36% |
+35,496
| New | +$1.65M |
2015 Q3
0 quarters
|
|
80
Sysco
SYY
$38.1B
| $1.42M | 0.35% |
+36,349
| New | +$1.39M |
2015 Q3
0 quarters
|
|
81
Franco-Nevada
FNV
$48.4B
| $1.4M | 0.35% |
+31,900
| New | +$1.37M |
2015 Q3
0 quarters
|
|
|
SIAL
82
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $1.4M | 0.35% |
+10,098
| New | +$1.41M |
2015 Q3
0 quarters
|
|
83
Labcorp
LH
$30.1B
| $1.38M | 0.34% |
14,797
+6,320
| +75% | +$654K |
2015 Q2
1 quarter
|
|
84
NRG Energy
NRG
$20.7B
| $1.34M | 0.34% |
+90,412
| New | +$1.8M |
2015 Q3
0 quarters
|
|
85
Exelon
EXC
$47.3B
| $1.31M | 0.33% |
+61,689
| New | +$1.39M |
2015 Q3
0 quarters
|
|
86
Zimmer Biomet
ZBH
$20.2B
| $1.29M | 0.32% |
14,186
+6,747
| +91% | +$676K |
2015 Q1
2 quarters
|
|
87
Aflac
AFL
$62.7B
| $1.29M | 0.32% |
44,326
+13,242
| +43% | +$401K |
2015 Q2
1 quarter
|
|
|
CXO
88
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.29M | 0.32% |
+13,100
| New | +$1.37M |
2015 Q3
0 quarters
|
|
89
DELISTED
Big Lots, Inc.
BIG
| $1.26M | 0.31% |
+26,311
| New | +$1.17M |
2015 Q3
0 quarters
|
|
|
CPGX
90
DELISTED
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
| $1.25M | 0.31% |
+68,268
| New | +$1.78M |
2015 Q3
0 quarters
|
|
91
Community Health Systems
CYH
$309M
| $1.25M | 0.31% |
+35,281
| New | +$1.62M |
2015 Q3
0 quarters
|
|
92
Weyerhaeuser
WY
$14.8B
| $1.24M | 0.31% |
+45,250
| New | +$1.34M |
2015 Q3
0 quarters
|
|
93
International Paper
IP
$18.5B
| $1.23M | 0.31% |
34,321
-20,362
| -37% | -$863K |
2015 Q2
1 quarter
|
|
94
CenterPoint Energy
CNP
$27.2B
| $1.21M | 0.3% |
+67,096
| New | +$1.25M |
2015 Q3
0 quarters
|
|
95
Allison Transmission
ALSN
$10.7B
| $1.2M | 0.3% |
+45,000
| New | +$1.29M |
2015 Q3
0 quarters
|
|
96
Marvell Technology
MRVL
$152B
| $1.19M | 0.3% |
+131,900
| New | +$1.5M |
2015 Q3
0 quarters
|
|
97
Carnival Corporation Ltd
CCL
$41.8B
| $1.19M | 0.3% |
23,991
+19,418
| +425% | +$988K |
2015 Q2
1 quarter
|
|
98
Autoliv
ALV
$8.69B
| $1.19M | 0.3% |
+15,129
| New | +$1.14M |
2015 Q3
0 quarters
|
|
|
BRCM
99
DELISTED
BROADCOM CORP CL-A
BRCM
| $1.18M | 0.29% |
22,922
+1,877
| +9% | +$96.6K |
2014 Q4
3 quarters
|
|
|
AGN
100
DELISTED
Allergan plc
AGN
| $1.16M | 0.29% |
+4,248
| New | +$1.3M |
2015 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2015 Portfolio in Review
As of Q3 2015, Squarepoint held 713 positions worth $401M, up 30% from $308M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $140M of net new capital in Q3 2015, opening 275 new positions and adding to 63 existing holdings. Its largest new stake was Abbott: 190,793 shares worth $7.67M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 13% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $2.11M trimmed.
- Squarepoint's largest Q3 2015 buy was Abbott: 190,793 shares worth $7.67M.
- Squarepoint added most to Eaton in Q3 2015, an estimated $5.05M increase.
- Squarepoint's biggest Q3 2015 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $2.11M.
- Squarepoint fully exited Illinois Tool Works in Q3 2015, selling an estimated $4.51M.
- Squarepoint's ten largest holdings make up 16% of its $401M portfolio in Q3 2015.
- Squarepoint opened 275 new positions and closed 324 in Q3 2015.
- Squarepoint's portfolio value rose 30% quarter-over-quarter to $401M.
Based on Squarepoint's 13F filing for Q3 2015, filed 16 Nov 2015.