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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Labcorp
LH
$29.3B
| $4.07M | 0.25% |
36,341
+18,949
| +109% | +$2.04M |
2015 Q2
4 quarters
|
|
77
KeyCorp
KEY
$22.3B
| $4.06M | 0.25% |
366,917
+183,018
| +100% | +$2.18M |
2016 Q1
1 quarter
|
|
78
iShares Core US Aggregate Bond ETF
AGG
$140B
| $4.01M | 0.25% |
+35,647
| New | +$3.96M |
2016 Q2
0 quarters
|
|
79
Keurig Dr Pepper
KDP
$48.8B
| $3.96M | 0.25% |
40,998
-7,241
| -15% | -$664K |
2015 Q4
2 quarters
|
|
80
Nike
NKE
$57.4B
| $3.94M | 0.25% |
71,362
-120,488
| -63% | -$6.86M |
2015 Q4
2 quarters
|
|
81
Allstate
ALL
$65.7B
| $3.91M | 0.24% |
55,839
+13,118
| +31% | +$878K |
2015 Q1
5 quarters
|
|
82
State Street Health Care Select Sector SPDR ETF
XLV
$48.6B
| $3.9M | 0.24% |
54,321
+40,254
| +286% | +$2.84M |
2016 Q1
1 quarter
|
|
83
Prologis
PLD
$122B
| $3.89M | 0.24% |
+79,299
| New | +$3.73M |
2016 Q2
0 quarters
|
|
84
Welltower
WELL
$172B
| $3.87M | 0.24% |
50,834
+42,621
| +519% | +$3.03M |
2016 Q1
1 quarter
|
|
85
Republic Services
RSG
$74.3B
| $3.85M | 0.24% |
+74,973
| New | +$3.6M |
2016 Q2
0 quarters
|
|
86
iShares Russell 2000 Growth ETF
IWO
$13.8B
| $3.72M | 0.23% |
27,132
+19,635
| +262% | +$2.65M |
2016 Q1
1 quarter
|
|
|
TYC
87
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $3.71M | 0.23% |
83,122
+16,745
| +25% | +$702K |
2015 Q2
4 quarters
|
|
88
Estee Lauder
EL
$39.6B
| $3.7M | 0.23% |
40,608
+34,069
| +521% | +$3.18M |
2015 Q4
2 quarters
|
|
89
Edwards Lifesciences
EW
$53B
| $3.67M | 0.23% |
110,427
+59,430
| +117% | +$2.03M |
2015 Q4
2 quarters
|
|
90
Global Payments
GPN
$25.6B
| $3.64M | 0.23% |
51,010
+24,186
| +90% | +$1.79M |
2015 Q4
2 quarters
|
|
91
DELISTED
Hanesbrands
HBI
| $3.64M | 0.23% |
144,885
+116,021
| +402% | +$3.16M |
2015 Q4
2 quarters
|
|
92
Entergy
ETR
$52.6B
| $3.61M | 0.23% |
+88,750
| New | +$3.41M |
2016 Q2
0 quarters
|
|
93
Boston Scientific
BSX
$60.8B
| $3.58M | 0.22% |
152,957
+35,023
| +30% | +$758K |
2015 Q4
2 quarters
|
|
94
Philip Morris
PM
$325B
| $3.56M | 0.22% |
35,016
+26,568
| +314% | +$2.65M |
2016 Q1
1 quarter
|
|
95
Eaton
ETN
$144B
| $3.54M | 0.22% |
59,229
+48,639
| +459% | +$2.99M |
2015 Q1
5 quarters
|
|
96
Fidelity National Information Services
FIS
$19.9B
| $3.54M | 0.22% |
48,001
-23,808
| -33% | -$1.67M |
2015 Q3
3 quarters
|
|
|
MON
97
DELISTED
Monsanto Co
MON
| $3.53M | 0.22% |
34,100
+18,273
| +115% | +$1.81M |
2015 Q1
5 quarters
|
|
|
LSI
98
DELISTED
Life Storage, Inc.
LSI
| $3.53M | 0.22% |
+50,406
| New | +$3.66M |
2016 Q2
0 quarters
|
|
99
PG&E
PCG
$39.6B
| $3.5M | 0.22% |
54,721
+32,444
| +146% | +$1.94M |
2015 Q4
2 quarters
|
|
|
AMSG
100
DELISTED
Amsurg Corp
AMSG
| $3.5M | 0.22% |
45,089
+29,334
| +186% | +$2.27M |
2015 Q4
2 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.