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 | |
|---|---|---|---|---|---|---|---|
1001
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $451K | 0.01% |
+32,800
| New | +$434K |
2017 Q2
0 quarters
|
|
1002
New Jersey Resources
NJR
$5.51B
| $450K | 0.01% |
+11,328
| New | +$465K |
2017 Q2
0 quarters
|
|
|
RTEC
1003
DELISTED
Rudolph Technologies Inc
RTEC
| $450K | 0.01% |
19,674
-379
| -2% | -$9.03K |
2016 Q4
2 quarters
|
|
|
WAGE
1004
DELISTED
WageWorks, Inc.
WAGE
| $450K | 0.01% |
6,695
-10,059
| -60% | -$715K |
2017 Q1
1 quarter
|
|
1005
ABM Industries
ABM
$3.1B
| $449K | 0.01% |
+10,811
| New | +$459K |
2017 Q2
0 quarters
|
|
1006
DELISTED
AvalonBay Communities
AVB
| $449K | 0.01% |
+2,336
| New | +$447K |
2017 Q2
0 quarters
|
|
1007
Bio-Rad Laboratories Class A
BIO
$10.3B
| $447K | 0.01% |
+1,975
| New | +$430K |
2017 Q2
0 quarters
|
|
1008
W.P. Carey
WPC
$15B
| $446K | 0.01% |
+6,900
| New | +$436K |
2017 Q2
0 quarters
|
|
1009
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $446K | 0.01% |
+5,905
| New | +$454K |
2017 Q2
0 quarters
|
|
1010
Fox Factory Holding Corp
FOXF
$748M
| $444K | 0.01% |
+12,471
| New | +$391K |
2017 Q2
0 quarters
|
|
1011
Brady Corp
BRC
$3.55B
| $443K | 0.01% |
13,066
-3,761
| -22% | -$140K |
2016 Q4
2 quarters
|
|
1012
RenaissanceRe
RNR
$14B
| $440K | 0.01% |
+3,167
| New | +$445K |
2017 Q2
0 quarters
|
|
1013
DELISTED
BioTelemetry, Inc.
BEAT
| $440K | 0.01% |
13,155
-9,556
| -42% | -$285K |
2017 Q1
1 quarter
|
|
1014
Trueblue
TBI
$370M
| $437K | 0.01% |
16,503
+4,863
| +42% | +$130K |
2017 Q1
1 quarter
|
|
1015
DELISTED
La Quinta Holdings Inc.
LQ
| $437K | 0.01% |
29,588
+15,612
| +112% | +$220K |
2016 Q4
2 quarters
|
|
|
FGL
1016
DELISTED
Fidelity & Guaranty Life
FGL
| $435K | 0.01% |
+14,000
| New | +$410K |
2017 Q2
0 quarters
|
|
1017
FIVE9
FIVN
$2.1B
| $433K | 0.01% |
20,100
+3,845
| +24% | +$78.8K |
2016 Q4
2 quarters
|
|
1018
TriNet
TNET
$3.05B
| $433K | 0.01% |
+13,228
| New | +$404K |
2017 Q2
0 quarters
|
|
1019
Comfort Systems
FIX
$35.8B
| $432K | 0.01% |
11,643
+1,899
| +19% | +$67.4K |
2016 Q4
2 quarters
|
|
1020
Shutterstock
SSTK
$110M
| $432K | 0.01% |
+9,795
| New | +$433K |
2017 Q2
0 quarters
|
|
|
CPLA
1021
DELISTED
Capella Education Company
CPLA
| $431K | 0.01% |
+5,037
| New | +$448K |
2017 Q2
0 quarters
|
|
1022
Avient
AVNT
$4.17B
| $428K | 0.01% |
11,052
-16,443
| -60% | -$612K |
2017 Q1
1 quarter
|
|
1023
The Marzetti Company
MZTI
$2.86B
| $428K | 0.01% |
+3,494
| New | +$438K |
2017 Q2
0 quarters
|
|
|
SRC
1024
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $428K | 0.01% |
12,881
-7,587
| -37% | -$284K |
2017 Q1
1 quarter
|
|
|
TIVO
1025
DELISTED
Tivo Inc
TIVO
| $425K | 0.01% |
22,800
-18,205
| -44% | -$332K |
2016 Q4
2 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.