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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
976
DELISTED
Hillenbrand
HI
| $504K | 0.01% |
12,975
-2,355
| -15% | -$85.5K |
2017 Q2
1 quarter
|
|
977
White Mountains Insurance
WTM
$5.38B
| $501K | 0.01% |
+585
| New | +$503K |
2017 Q3
0 quarters
|
|
978
WaFd
WAFD
$2.18B
| $499K | 0.01% |
14,828
+8,608
| +138% | +$280K |
2017 Q2
1 quarter
|
|
|
EGOV
979
DELISTED
NIC Inc
EGOV
| $499K | 0.01% |
+29,083
| New | +$492K |
2017 Q3
0 quarters
|
|
980
Assured Guaranty
AGO
$3.29B
| $494K | 0.01% |
13,097
-5,880
| -31% | -$252K |
2016 Q4
3 quarters
|
|
981
AngioDynamics
ANGO
$499M
| $494K | 0.01% |
+28,913
| New | +$486K |
2017 Q3
0 quarters
|
|
982
Atmos Energy
ATO
$29.8B
| $494K | 0.01% |
5,898
-5,395
| -48% | -$465K |
2017 Q2
1 quarter
|
|
983
Lumentum
LITE
$54.1B
| $494K | 0.01% |
+9,090
| New | +$528K |
2017 Q3
0 quarters
|
|
984
DELISTED
Verint Systems
VRNT
| $494K | 0.01% |
+23,163
| New | +$467K |
2017 Q3
0 quarters
|
|
985
Corcept Therapeutics
CORT
$7.88B
| $493K | 0.01% |
25,561
-13,939
| -35% | -$208K |
2016 Q4
3 quarters
|
|
|
EPZM
986
DELISTED
Epizyme, Inc
EPZM
| $493K | 0.01% |
25,902
+12,479
| +93% | +$190K |
2017 Q2
1 quarter
|
|
987
Alkermes
ALKS
$7.9B
| $491K | 0.01% |
+9,658
| New | +$517K |
2017 Q3
0 quarters
|
|
988
Aon
AON
$71.8B
| $491K | 0.01% |
+3,359
| New | +$469K |
2017 Q3
0 quarters
|
|
989
New Oriental
EDU
$8.26B
| $490K | 0.01% |
5,551
-24,531
| -82% | -$2M |
2017 Q1
2 quarters
|
|
990
Kaiser Aluminum
KALU
$1.77B
| $490K | 0.01% |
+4,752
| New | +$458K |
2017 Q3
0 quarters
|
|
991
Patrick Industries
PATK
$2.59B
| $489K | 0.01% |
13,091
-4,675
| -26% | -$154K |
2016 Q4
3 quarters
|
|
|
GWB
992
DELISTED
Great Western Bancorp, Inc.
GWB
| $487K | 0.01% |
+11,796
| New | +$450K |
2017 Q3
0 quarters
|
|
993
Chord Energy
CHRD
$7.97B
| $485K | 0.01% |
53,165
+34,612
| +187% | +$271K |
2015 Q4
7 quarters
|
|
994
Scorpio Tankers
STNG
$4.24B
| $485K | 0.01% |
+14,154
| New | +$514K |
2017 Q3
0 quarters
|
|
|
PTLA
995
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $485K | 0.01% |
+8,978
| New | +$527K |
2017 Q3
0 quarters
|
|
996
DELISTED
CalAmp Corp.
CAMP
| $483K | 0.01% |
+903
| New | +$399K |
2017 Q3
0 quarters
|
|
|
HIFR
997
DELISTED
InfraREIT, Inc.
HIFR
| $483K | 0.01% |
+21,601
| New | +$463K |
2017 Q3
0 quarters
|
|
|
DGI
998
DELISTED
DigitalGlobe Inc.
DGI
| $483K | 0.01% |
+13,711
| New | +$469K |
2017 Q3
0 quarters
|
|
999
DELISTED
Enzo Biochem, Inc.
ENZ
| $482K | 0.01% |
46,000
+34,600
| +304% | +$384K |
2017 Q2
1 quarter
|
|
1000
BP
BP
$118B
| $481K | 0.01% |
13,869
-91,508
| -87% | -$2.91M |
2016 Q3
4 quarters
|
|
Similar funds
Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.