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 |
iShares MSCI Taiwan ETF
EWT
|
+$102M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$85.3M |
| 3 |
Intuit
INTU
|
+$76.5M |
| 4 |
Home Depot
HD
|
+$71.6M |
| 5 |
Cigna
CI
|
+$44.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$119M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$69M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$51.1M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$47.4M |
| 5 |
iShares MSCI India ETF
INDA
|
+$47.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17% |
| 2 | Financials | 13.53% |
| 3 | Healthcare | 13.33% |
| 4 | Technology | 13.18% |
| 5 | Industrials | 11.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
American Electric Power
AEP
$69.9B
| $20.2M | 0.27% |
+292,259
| New | +$19.7M |
2018 Q2
0 quarters
|
|
77
State Street
STT
$46.5B
| $19.7M | 0.26% |
212,117
+39,035
| +23% | +$3.87M |
2017 Q2
4 quarters
|
|
78
Hilton Worldwide Holdings Inc. Common Stock
HLT
$83B
| $19.7M | 0.26% |
248,697
+164,686
| +196% | +$13.4M |
2018 Q1
1 quarter
|
|
79
Northrop Grumman
NOC
$76.6B
| $19.7M | 0.26% |
+63,964
| New | +$21.2M |
2018 Q2
0 quarters
|
|
|
VAR
80
DELISTED
Varian Medical Systems, Inc.
VAR
| $19.5M | 0.26% |
171,270
+123,030
| +255% | +$14.7M |
2016 Q4
6 quarters
|
|
81
iShares 20+ Year Treasury Bond ETF
TLT
$49.1B
| $19.3M | 0.26% |
158,724
+4,539
| +3% | +$543K |
2017 Q4
2 quarters
|
|
82
NVIDIA
NVDA
$4.31T
| $19.2M | 0.25% |
3,237,600
-1,999,080
| -38% | -$12.1M |
2017 Q2
4 quarters
|
|
83
Amgen
AMGN
$252B
| $19.2M | 0.25% |
103,860
+76,347
| +277% | +$13.5M |
2016 Q3
7 quarters
|
|
84
Prudential Financial
PRU
$41.9B
| $18.9M | 0.25% |
202,578
+57,932
| +40% | +$5.85M |
2016 Q3
7 quarters
|
|
|
AET
85
DELISTED
Aetna Inc
AET
| $18.9M | 0.25% |
103,139
-179,123
| -63% | -$31.9M |
2017 Q2
4 quarters
|
|
86
CMS Energy
CMS
$21.8B
| $18.8M | 0.25% |
396,982
+27,318
| +7% | +$1.23M |
2016 Q3
7 quarters
|
|
87
Abbott
ABT
$191B
| $18.5M | 0.25% |
303,730
+254,746
| +520% | +$15.4M |
2017 Q4
2 quarters
|
|
|
TSS
88
DELISTED
Total System Services, Inc.
TSS
| $18.4M | 0.24% |
218,115
+15,924
| +8% | +$1.37M |
2018 Q1
1 quarter
|
|
|
UMPQ
89
DELISTED
Umpqua Holdings Corp
UMPQ
| $18.4M | 0.24% |
815,989
+776,166
| +1,949% | +$18.1M |
2017 Q3
3 quarters
|
|
90
DexCom
DXCM
$30.2B
| $18.4M | 0.24% |
+776,256
| New | +$16.5M |
2018 Q2
0 quarters
|
|
91
Intel
INTC
$316B
| $18.3M | 0.24% |
+367,282
| New | +$19.5M |
2018 Q2
0 quarters
|
|
92
Wayfair
W
$16B
| $18.2M | 0.24% |
+153,639
| New | +$13.3M |
2018 Q2
0 quarters
|
|
93
The Gap Inc
GAP
$7.81B
| $18.1M | 0.24% |
557,576
+88,412
| +19% | +$2.72M |
2016 Q4
6 quarters
|
|
94
Cboe Global Markets
CBOE
$36.8B
| $17.9M | 0.24% |
171,539
+103,565
| +152% | +$10.9M |
2017 Q4
2 quarters
|
|
95
Berkshire Hathaway Class B
BRK.B
$1.22T
| $17.8M | 0.24% |
95,532
-76,123
| -44% | -$14.8M |
2018 Q1
1 quarter
|
|
96
Vivmark Residential
VMRK
$51.2B
| $17.8M | 0.24% |
278,900
+256,104
| +1,123% | +$16M |
2016 Q4
6 quarters
|
|
|
COL
97
DELISTED
Rockwell Collins
COL
| $17.7M | 0.23% |
131,413
-38,975
| -23% | -$5.27M |
2017 Q1
5 quarters
|
|
98
Tyson Foods
TSN
$21.1B
| $17.6M | 0.23% |
255,877
+194,211
| +315% | +$13.5M |
2015 Q4
10 quarters
|
|
99
Costco
COST
$472B
| $17.6M | 0.23% |
84,230
+32,052
| +61% | +$6.33M |
2017 Q4
2 quarters
|
|
100
Marriott International
MAR
$107B
| $17.6M | 0.23% |
138,747
+77,934
| +128% | +$10.6M |
2017 Q4
2 quarters
|
|
Similar funds
Squarepoint's Q2 2018 Portfolio in Review
As of Q2 2018, Squarepoint held 2,269 positions worth $7.55B, up 20% from $6.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Squarepoint deployed $1.17B of net new capital in Q2 2018, opening 635 new positions and adding to 628 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI India ETF, an estimated $47.3M trimmed.
- Squarepoint's largest Q2 2018 buy was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
- Squarepoint added most to iShares MSCI Taiwan ETF in Q2 2018, an estimated $102M increase.
- Squarepoint's biggest Q2 2018 reduction was iShares MSCI India ETF, cutting an estimated $47.3M.
- Squarepoint fully exited iShares MSCI Brazil ETF in Q2 2018, selling an estimated $119M.
- Squarepoint's ten largest holdings make up 9.4% of its $7.55B portfolio in Q2 2018.
- Squarepoint opened 635 new positions and closed 556 in Q2 2018.
- Squarepoint's portfolio value rose 20% quarter-over-quarter to $7.55B.
Based on Squarepoint's 13F filing for Q2 2018, filed 14 Aug 2018.