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 | |
|---|---|---|---|---|---|---|---|
976
Commercial Vehicle Group
CVGI
$150M
| $100K | 0.01% |
+19,200
| New | +$65.3K |
2016 Q2
0 quarters
|
|
977
DELISTED
Regulus Therapeutics
RGLS
| $99K | 0.01% |
+287
| New | +$206K |
2016 Q2
0 quarters
|
|
|
REXX
978
DELISTED
Rex Energy Corporation
REXX
| $98K | 0.01% |
14,715
+9,757
| +197% | +$81.3K |
2015 Q4
2 quarters
|
|
|
JONE
979
DELISTED
Jones Energy, Inc.
JONE
| $95K | 0.01% |
1,260
-469
| -27% | -$35.5K |
2016 Q1
1 quarter
|
|
|
NM
980
DELISTED
Navios Maritime Holdings Inc.
NM
| $94K | 0.01% |
+11,550
| New | +$122K |
2016 Q2
0 quarters
|
|
|
WAC
981
DELISTED
Walter Investment Mgt Corp
WAC
| $94K | 0.01% |
+33,986
| New | +$184K |
2016 Q2
0 quarters
|
|
982
Frontline
FRO
$11.6B
| $93K | 0.01% |
+11,800
| New | +$97K |
2016 Q2
0 quarters
|
|
983
Quantum Corp
QMCO
$683M
| $93K | 0.01% |
+1,388
| New | +$101K |
2016 Q2
0 quarters
|
|
|
IL
984
DELISTED
IntraLinks Holdings Inc.
IL
| $93K | 0.01% |
+14,287
| New | +$111K |
2016 Q2
0 quarters
|
|
|
ACTA
985
DELISTED
Actua Corp
ACTA
| $92K | 0.01% |
+10,200
| New | +$96.1K |
2016 Q2
0 quarters
|
|
|
MHGC
986
DELISTED
Morgans Hotel Group Co.
MHGC
| $92K | 0.01% |
+43,000
| New | +$80.9K |
2016 Q2
0 quarters
|
|
987
CorMedix
CRMD
$417M
| $91K | 0.01% |
+9,160
| New | +$139K |
2016 Q2
0 quarters
|
|
988
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $89K | 0.01% |
+15,300
| New | +$97.5K |
2016 Q2
0 quarters
|
|
|
ELNK
989
DELISTED
EarthLink Holdings Corp.
ELNK
| $89K | 0.01% |
13,900
-23,300
| -63% | -$143K |
2015 Q4
2 quarters
|
|
|
SPPI
990
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $88K | 0.01% |
+13,447
| New | +$95K |
2016 Q2
0 quarters
|
|
991
DELISTED
Everi Holdings
EVRI
| $87K | 0.01% |
+75,600
| New | +$126K |
2016 Q2
0 quarters
|
|
992
Titan International
TWI
$326M
| $87K | 0.01% |
13,965
+2,884
| +26% | +$17.9K |
2015 Q4
2 quarters
|
|
993
Immersion
IMMR
$237M
| $82K | 0.01% |
11,218
+918
| +9% | +$6.46K |
2016 Q1
1 quarter
|
|
994
Acacia Research
ACTG
$411M
| $77K | ﹤0.01% |
17,500
-9,200
| -34% | -$42.3K |
2016 Q1
1 quarter
|
|
|
OREX
995
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $77K | ﹤0.01% |
+17,930
| New | +$81.1K |
2016 Q2
0 quarters
|
|
|
SEAC
996
DELISTED
Seachange International Inc
SEAC
| $75K | ﹤0.01% |
+1,180
| New | +$87K |
2016 Q2
0 quarters
|
|
|
NAVB
997
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
| $74K | ﹤0.01% |
+6,930
| New | +$136K |
2016 Q2
0 quarters
|
|
|
AEGR
998
DELISTED
Aegerion Pharmaceuticals
AEGR
| $74K | ﹤0.01% |
49,900
+14,994
| +43% | +$34.3K |
2015 Q3
3 quarters
|
|
|
FUEL
999
DELISTED
Rocket Fuel Inc.
FUEL
| $71K | ﹤0.01% |
31,800
+17,800
| +127% | +$46.9K |
2016 Q1
1 quarter
|
|
|
MWW
1000
DELISTED
Monster Worldwide Inc
MWW
| $71K | ﹤0.01% |
29,544
-5,895
| -17% | -$16.9K |
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.