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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
TVTY
1001
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $376K | 0.02% |
+16,530
| New | +$389K |
2016 Q4
0 quarters
|
|
|
CSFL
1002
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $376K | 0.02% |
+14,949
| New | +$318K |
2016 Q4
0 quarters
|
|
|
BRSS
1003
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $376K | 0.02% |
+10,952
| New | +$330K |
2016 Q4
0 quarters
|
|
1004
Brady Corp
BRC
$3.73B
| $375K | 0.02% |
+9,986
| New | +$359K |
2016 Q4
0 quarters
|
|
1005
CubeSmart
CUBE
$10.1B
| $375K | 0.02% |
+14,000
| New | +$359K |
2016 Q4
0 quarters
|
|
1006
STAG Industrial
STAG
$7.13B
| $375K | 0.02% |
+15,700
| New | +$362K |
2016 Q4
0 quarters
|
|
1007
Semtech
SMTC
$11.1B
| $374K | 0.02% |
+11,853
| New | +$332K |
2016 Q4
0 quarters
|
|
1008
DELISTED
Heartland Financial USA, Inc.
HTLF
| $374K | 0.02% |
+7,784
| New | +$323K |
2016 Q4
0 quarters
|
|
1009
Pursuit Attractions and Hospitality Inc
PRSU
$1.47B
| $373K | 0.02% |
+8,466
| New | +$350K |
2016 Q4
0 quarters
|
|
|
NVTA
1010
DELISTED
Invitae Corporation
NVTA
| $373K | 0.02% |
+47,000
| New | +$351K |
2016 Q4
0 quarters
|
|
|
NRF
1011
DELISTED
NorthStar Realty Finance Corp.
NRF
| $373K | 0.02% |
24,643
+10,043
| +69% | +$146K |
2015 Q4
4 quarters
|
|
1012
Rexford Industrial Realty
REXR
$7.98B
| $372K | 0.02% |
16,038
+6,007
| +60% | +$132K |
2016 Q3
1 quarter
|
|
1013
Advanced Energy
AEIS
$9.26B
| $371K | 0.02% |
+6,768
| New | +$347K |
2016 Q4
0 quarters
|
|
1014
Revvity
RVTY
$17.5B
| $371K | 0.02% |
+7,108
| New | +$371K |
2016 Q4
0 quarters
|
|
1015
ON Semiconductor
ON
$28.7B
| $370K | 0.02% |
29,000
-76,900
| -73% | -$918K |
2016 Q3
1 quarter
|
|
|
ACTA
1016
DELISTED
Actua Corp
ACTA
| $370K | 0.02% |
+26,399
| New | +$348K |
2016 Q4
0 quarters
|
|
1017
DELISTED
Hillenbrand
HI
| $368K | 0.02% |
+9,595
| New | +$324K |
2016 Q4
0 quarters
|
|
|
ISCA
1018
DELISTED
International Speedway Corp
ISCA
| $368K | 0.02% |
+10,005
| New | +$351K |
2016 Q4
0 quarters
|
|
|
PEGI
1019
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $367K | 0.02% |
+19,300
| New | +$397K |
2016 Q4
0 quarters
|
|
1020
Match Group
MTCH
$9.5B
| $366K | 0.02% |
+21,400
| New | +$379K |
2016 Q4
0 quarters
|
|
1021
Manitowoc
MTW
$880M
| $366K | 0.02% |
15,300
+4,400
| +40% | +$90.7K |
2016 Q1
3 quarters
|
|
1022
DELISTED
Treehouse Foods
THS
| $365K | 0.01% |
5,054
-4,227
| -46% | -$323K |
2016 Q2
2 quarters
|
|
1023
Tronox
TROX
$418M
| $364K | 0.01% |
35,342
+24,942
| +240% | +$249K |
2016 Q2
2 quarters
|
|
1024
DELISTED
Big Lots, Inc.
BIG
| $364K | 0.01% |
7,252
-14,423
| -67% | -$708K |
2015 Q3
5 quarters
|
|
1025
Cadence Design Systems
CDNS
$91.5B
| $363K | 0.01% |
+14,388
| New | +$370K |
2016 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.