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 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Chevron
CVX
$450B
| $3.53M | 0.27% |
+37,042
| New | +$3.24M |
2016 Q1
0 quarters
|
|
77
VF Corp
VFC
$6.78B
| $3.48M | 0.27% |
56,996
+39,229
| +221% | +$2.28M |
2015 Q1
4 quarters
|
|
78
AutoZone
AZO
$50.8B
| $3.45M | 0.27% |
+4,329
| New | +$3.27M |
2016 Q1
0 quarters
|
|
79
Darden Restaurants
DRI
$24.5B
| $3.45M | 0.27% |
52,012
+35,565
| +216% | +$2.25M |
2015 Q1
4 quarters
|
|
80
Macerich
MAC
$6.76B
| $3.41M | 0.26% |
+43,088
| New | +$3.37M |
2016 Q1
0 quarters
|
|
81
Coca-Cola Europacific Partners
CCEP
$48.8B
| $3.38M | 0.26% |
66,698
-1,902
| -3% | -$91.6K |
2015 Q3
2 quarters
|
|
82
Micron Technology
MU
$1.11T
| $3.25M | 0.25% |
310,495
+287,507
| +1,251% | +$3.21M |
2015 Q4
1 quarter
|
|
83
Grifois
GRFS
$5.53B
| $3.24M | 0.25% |
+209,107
| New | +$3.16M |
2016 Q1
0 quarters
|
|
84
Sherwin-Williams
SHW
$77.5B
| $3.18M | 0.25% |
33,570
+26,199
| +355% | +$2.29M |
2015 Q2
3 quarters
|
|
85
LKQ Corp
LKQ
$4.33B
| $3.17M | 0.25% |
99,393
+92,091
| +1,261% | +$2.57M |
2015 Q4
1 quarter
|
|
86
General Motors
GM
$70B
| $3.16M | 0.25% |
100,568
+25,401
| +34% | +$764K |
2015 Q4
1 quarter
|
|
87
LyondellBasell Industries
LYB
$21.7B
| $3.06M | 0.24% |
35,724
+5,765
| +19% | +$463K |
2015 Q4
1 quarter
|
|
88
Valero Energy
VLO
$108B
| $2.96M | 0.23% |
+46,089
| New | +$2.93M |
2016 Q1
0 quarters
|
|
|
EXPR
89
DELISTED
Express, Inc.
EXPR
| $2.94M | 0.23% |
+6,862
| New | +$2.46M |
2016 Q1
0 quarters
|
|
90
H&R Block
HRB
$5.86B
| $2.93M | 0.23% |
110,977
+76,514
| +222% | +$2.4M |
2015 Q4
1 quarter
|
|
|
MENT
91
DELISTED
Mentor Graphics Corp
MENT
| $2.91M | 0.23% |
+143,127
| New | +$2.61M |
2016 Q1
0 quarters
|
|
|
GGP
92
DELISTED
GGP Inc.
GGP
| $2.9M | 0.23% |
+97,659
| New | +$2.68M |
2016 Q1
0 quarters
|
|
93
L3Harris
LHX
$48.5B
| $2.88M | 0.22% |
37,032
+29,285
| +378% | +$2.34M |
2015 Q3
2 quarters
|
|
|
94
Allstate
ALL
$63.3B
| $2.88M | 0.22% |
42,721
-98,991
| -70% | -$6.22M |
2015 Q1
4 quarters
|
|
95
Marriott International
MAR
$103B
| $2.87M | 0.22% |
40,327
-19,886
| -33% | -$1.3M |
2015 Q4
1 quarter
|
|
96
Johnson & Johnson
JNJ
$652B
| $2.87M | 0.22% |
+26,491
| New | +$2.74M |
2016 Q1
0 quarters
|
|
97
The Kraft Heinz Company
KHC
$28.3B
| $2.85M | 0.22% |
+36,268
| New | +$2.71M |
2016 Q1
0 quarters
|
|
98
DELISTED
Staples Inc
SPLS
| $2.82M | 0.22% |
+255,573
| New | +$2.4M |
2016 Q1
0 quarters
|
|
99
Five Below
FIVE
$12.9B
| $2.81M | 0.22% |
+67,988
| New | +$2.48M |
2016 Q1
0 quarters
|
|
100
DELISTED
Noble Corporation
NE
| $2.81M | 0.22% |
271,636
+142,187
| +110% | +$1.29M |
2015 Q4
1 quarter
|
|
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Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.