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
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
976
Live Nation Entertainment
LYV
$41.3B
| $469K | 0.01% |
13,467
-26,301
| -66% | -$882K |
2017 Q1
1 quarter
|
|
977
Alamo Group
ALG
$1.63B
| $468K | 0.01% |
5,154
-341
| -6% | -$28.4K |
2017 Q1
1 quarter
|
|
978
Pentair
PNR
$10.9B
| $468K | 0.01% |
10,474
-193,220
| -95% | -$8.44M |
2016 Q4
2 quarters
|
|
979
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $468K | 0.01% |
+19,714
| New | +$468K |
2017 Q2
0 quarters
|
|
980
HCI Group
HCI
$2.31B
| $467K | 0.01% |
9,947
+3,555
| +56% | +$162K |
2017 Q1
1 quarter
|
|
981
Ambev
ABEV
$43B
| $466K | 0.01% |
84,805
-7,718
| -8% | -$44K |
2016 Q4
2 quarters
|
|
982
Corcept Therapeutics
CORT
$7.87B
| $466K | 0.01% |
39,500
+23,984
| +155% | +$261K |
2016 Q4
2 quarters
|
|
983
Sarepta Therapeutics
SRPT
$1.91B
| $466K | 0.01% |
13,815
-27,958
| -67% | -$910K |
2016 Q4
2 quarters
|
|
984
Globus Medical
GMED
$9.43B
| $465K | 0.01% |
14,029
-31,080
| -69% | -$976K |
2016 Q4
2 quarters
|
|
|
XLNX
985
DELISTED
Xilinx Inc
XLNX
| $462K | 0.01% |
7,179
-140,710
| -95% | -$8.88M |
2015 Q4
6 quarters
|
|
|
AVXS
986
DELISTED
AveXis, Inc. Common Stock
AVXS
| $460K | 0.01% |
5,600
+400
| +8% | +$30K |
2016 Q4
2 quarters
|
|
987
Home BancShares
HOMB
$5.95B
| $459K | 0.01% |
+18,436
| New | +$459K |
2017 Q2
0 quarters
|
|
988
LeMaitre Vascular
LMAT
$1.85B
| $459K | 0.01% |
14,696
+2,727
| +23% | +$78.8K |
2016 Q4
2 quarters
|
|
989
Pursuit Attractions and Hospitality Inc
PRSU
$1.49B
| $459K | 0.01% |
+9,709
| New | +$434K |
2017 Q2
0 quarters
|
|
|
XOG
990
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $458K | 0.01% |
+34,054
| New | +$532K |
2017 Q2
0 quarters
|
|
|
NEWR
991
DELISTED
New Relic, Inc.
NEWR
| $456K | 0.01% |
10,600
+1
| +0% | +$42 |
2016 Q4
2 quarters
|
|
992
Group 1 Automotive
GPI
$3.12B
| $455K | 0.01% |
7,181
-5,886
| -45% | -$378K |
2017 Q1
1 quarter
|
|
993
Sensient Technologies
SXT
$5.07B
| $455K | 0.01% |
+5,649
| New | +$456K |
2017 Q2
0 quarters
|
|
994
AMN Healthcare
AMN
$1.4B
| $454K | 0.01% |
+11,619
| New | +$446K |
2017 Q2
0 quarters
|
|
995
Popular Inc
BPOP
$9.8B
| $453K | 0.01% |
10,867
-1,433
| -12% | -$56.8K |
2017 Q1
1 quarter
|
|
996
CACI
CACI
$13.5B
| $453K | 0.01% |
3,623
-3,531
| -49% | -$429K |
2017 Q1
1 quarter
|
|
|
GNCMA
997
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $453K | 0.01% |
+12,351
| New | +$446K |
2017 Q2
0 quarters
|
|
998
e.l.f. Beauty
ELF
$6.87B
| $451K | 0.01% |
+16,583
| New | +$443K |
2017 Q2
0 quarters
|
|
|
CALA
999
DELISTED
Calithera Biosciences, Inc
CALA
| $451K | 0.01% |
1,520
+925
| +155% | +$247K |
2016 Q4
2 quarters
|
|
|
EVHC
1000
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $451K | 0.01% |
7,200
-16,453
| -70% | -$948K |
2016 Q3
3 quarters
|
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.