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 |
General Dynamics
GD
|
+$7.96M |
| 2 |
Fidelity National Information Services
FIS
|
+$6.98M |
| 3 |
Allstate
ALL
|
+$6.81M |
| 4 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$6.39M |
| 5 |
Qualcomm
QCOM
|
+$6.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.19M |
| 2 |
Abbott
ABT
|
+$5.85M |
| 3 |
United Airlines
UAL
|
+$5.37M |
| 4 |
PPG Industries
PPG
|
+$5.35M |
| 5 |
NextEra Energy
NEE
|
+$5.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 13.91% |
| 2 | Healthcare | 13.09% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Financials | 12.91% |
| 5 | Technology | 12.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Danaher
DHR
$163B
| $2.21M | 0.24% |
35,421
-5,831
| -14% | -$365K |
2015 Q2
2 quarters
|
|
77
Copart
CPRT
$29.6B
| $2.2M | 0.24% |
+463,400
| New | +$2.14M |
2015 Q4
0 quarters
|
|
|
GMCR
78
DELISTED
KEURIG GREEN MTN INC
GMCR
| $2.2M | 0.24% |
24,425
+20,116
| +467% | +$1.25M |
2015 Q2
2 quarters
|
|
79
DELISTED
Juniper Networks
JNPR
| $2.18M | 0.24% |
79,104
+48,223
| +156% | +$1.43M |
2015 Q3
1 quarter
|
|
80
Quanta Services
PWR
$91.3B
| $2.16M | 0.24% |
+106,434
| New | +$2.29M |
2015 Q4
0 quarters
|
|
81
Citizens Financial Group
CFG
$27.2B
| $2.1M | 0.23% |
80,300
+67,100
| +508% | +$1.69M |
2015 Q3
1 quarter
|
|
82
Fluor
FLR
$6.35B
| $2.1M | 0.23% |
44,514
+37,134
| +503% | +$1.75M |
2014 Q4
4 quarters
|
|
83
Travel + Leisure Co
TNL
$4.71B
| $2.1M | 0.23% |
63,878
+16,672
| +35% | +$575K |
2015 Q1
3 quarters
|
|
|
XLNX
84
DELISTED
Xilinx Inc
XLNX
| $2.09M | 0.23% |
+44,433
| New | +$2.1M |
2015 Q4
0 quarters
|
|
85
Ford
F
$47.5B
| $2.07M | 0.23% |
146,637
+119,872
| +448% | +$1.74M |
2015 Q3
1 quarter
|
|
|
LLTC
86
DELISTED
Linear Technology Corp
LLTC
| $2.07M | 0.23% |
+48,668
| New | +$2.14M |
2015 Q4
0 quarters
|
|
87
Global Payments
GPN
$23.3B
| $2.05M | 0.22% |
+31,719
| New | +$2.14M |
2015 Q4
0 quarters
|
|
88
DELISTED
ADT Corp
ADT
| $2.04M | 0.22% |
+61,969
| New | +$2.09M |
2015 Q4
0 quarters
|
|
89
General Mills
GIS
$17.9B
| $2.04M | 0.22% |
35,352
-3,852
| -10% | -$222K |
2015 Q2
2 quarters
|
|
90
Franklin Templeton
BEN
$18.4B
| $1.99M | 0.22% |
53,939
+29,278
| +119% | +$1.14M |
2014 Q4
4 quarters
|
|
|
91
United Airlines
UAL
$36.1B
| $1.98M | 0.22% |
34,615
-92,940
| -73% | -$5.37M |
2015 Q3
1 quarter
|
|
92
Delta Air Lines
DAL
$56.9B
| $1.98M | 0.22% |
39,019
+16,280
| +72% | +$805K |
2015 Q3
1 quarter
|
|
93
Macy's
M
$6.35B
| $1.98M | 0.22% |
56,560
+11,579
| +26% | +$502K |
2015 Q3
1 quarter
|
|
94
Hilton Worldwide Holdings Inc. Common Stock
HLT
$82.9B
| $1.98M | 0.22% |
30,767
+17,834
| +138% | +$1.27M |
2015 Q3
1 quarter
|
|
|
MXIM
95
DELISTED
Maxim Integrated Products
MXIM
| $1.97M | 0.22% |
+51,796
| New | +$1.98M |
2015 Q4
0 quarters
|
|
96
NRG Energy
NRG
$20.6B
| $1.97M | 0.22% |
167,053
+76,641
| +85% | +$969K |
2015 Q3
1 quarter
|
|
97
United Parcel Service
UPS
$94B
| $1.92M | 0.21% |
+19,904
| New | +$2.03M |
2015 Q4
0 quarters
|
|
98
Carnival Corporation Ltd
CCL
$39.5B
| $1.91M | 0.21% |
35,068
+11,077
| +46% | +$573K |
2015 Q2
2 quarters
|
|
99
American Express
AXP
$213B
| $1.89M | 0.21% |
+27,137
| New | +$1.97M |
2015 Q4
0 quarters
|
|
100
SiriusXM
SIRI
$10.7B
| $1.88M | 0.21% |
+46,240
| New | +$1.87M |
2015 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2015 Portfolio in Review
As of Q4 2015, Squarepoint held 1,368 positions worth $912M, up 128% from $401M the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
Squarepoint deployed $532M of net new capital in Q4 2015, opening 980 new positions and adding to 141 existing holdings. Its largest new stake was Twenty-First Century Fox, Inc. Class A: 220,102 shares worth $5.98M.
By sector, the portfolio is most concentrated in Industrials at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Abbott, an estimated $5.85M trimmed.
- Squarepoint's largest Q4 2015 buy was Twenty-First Century Fox, Inc. Class A: 220,102 shares worth $5.98M.
- Squarepoint added most to General Dynamics in Q4 2015, an estimated $7.96M increase.
- Squarepoint's biggest Q4 2015 reduction was Abbott, cutting an estimated $5.85M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2015, selling an estimated $8.19M.
- Squarepoint's ten largest holdings make up 8.1% of its $912M portfolio in Q4 2015.
- Squarepoint opened 980 new positions and closed 147 in Q4 2015.
- Squarepoint's portfolio value rose 128% quarter-over-quarter to $912M.
Based on Squarepoint's 13F filing for Q4 2015, filed 16 Feb 2016.