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 | |
|---|---|---|---|---|---|---|---|
|
NEWR
1001
DELISTED
New Relic, Inc.
NEWR
| $475K | 0.01% |
9,541
-1,059
| -10% | -$50K |
2016 Q4
3 quarters
|
|
1002
Perrigo
PRGO
$2.25B
| $474K | 0.01% |
5,600
-48,273
| -90% | -$3.76M |
2017 Q2
1 quarter
|
|
|
NBL
1003
DELISTED
Noble Energy, Inc.
NBL
| $474K | 0.01% |
+16,700
| New | +$440K |
2017 Q3
0 quarters
|
|
|
SHPG
1004
DELISTED
Shire pic
SHPG
| $474K | 0.01% |
+3,092
| New | +$485K |
2017 Q3
0 quarters
|
|
1005
DELISTED
PotlatchDeltic
PCH
| $473K | 0.01% |
+9,281
| New | +$439K |
2017 Q3
0 quarters
|
|
1006
MSCI
MSCI
$47.1B
| $471K | 0.01% |
+4,026
| New | +$447K |
2017 Q3
0 quarters
|
|
1007
Goldman Sachs
GS
$264B
| $467K | 0.01% |
1,967
-65,243
| -97% | -$14.7M |
2015 Q4
7 quarters
|
|
1008
IDEX
IEX
$17.5B
| $466K | 0.01% |
+3,836
| New | +$448K |
2017 Q3
0 quarters
|
|
|
LTXB
1009
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $463K | 0.01% |
+11,606
| New | +$437K |
2017 Q3
0 quarters
|
|
|
GRA
1010
DELISTED
W.R. Grace & Co.
GRA
| $463K | 0.01% |
6,422
-37,243
| -85% | -$2.63M |
2016 Q3
4 quarters
|
|
|
WWE
1011
DELISTED
World Wrestling Entertainment
WWE
| $462K | 0.01% |
+19,610
| New | +$421K |
2017 Q3
0 quarters
|
|
1012
Commerce Bancshares
CBSH
$7.89B
| $460K | 0.01% |
12,347
+6,176
| +100% | +$224K |
2017 Q1
2 quarters
|
|
1013
DELISTED
Liberty Broadband Class C
LBRDK
| $458K | 0.01% |
4,803
-37,131
| -89% | -$3.57M |
2016 Q4
3 quarters
|
|
1014
OR Royalties Inc
OR
$6.5B
| $457K | 0.01% |
+35,429
| New | +$458K |
2017 Q3
0 quarters
|
|
1015
Valmont Industries
VMI
$8.06B
| $455K | 0.01% |
2,876
-264
| -8% | -$39.8K |
2017 Q1
2 quarters
|
|
1016
Tenaris
TS
$30.9B
| $454K | 0.01% |
16,050
-5,663
| -26% | -$165K |
2017 Q2
1 quarter
|
|
1017
Kemper
KMPR
$2.01B
| $450K | 0.01% |
+8,496
| New | +$388K |
2017 Q3
0 quarters
|
|
|
CLD
1018
DELISTED
Cloud Peak Energy Inc
CLD
| $450K | 0.01% |
122,992
-11,164
| -8% | -$37.4K |
2015 Q4
7 quarters
|
|
|
EPAY
1019
DELISTED
Bottomline Technologies Inc
EPAY
| $446K | 0.01% |
+14,027
| New | +$409K |
2017 Q3
0 quarters
|
|
1020
Stepan Co
SCL
$1.51B
| $441K | 0.01% |
5,268
+1,223
| +30% | +$101K |
2017 Q2
1 quarter
|
|
1021
Comtech Telecommunications
CMTL
$36.2M
| $440K | 0.01% |
21,411
-8,304
| -28% | -$159K |
2017 Q2
1 quarter
|
|
|
HT
1022
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $439K | 0.01% |
23,526
+8,996
| +62% | +$165K |
2017 Q2
1 quarter
|
|
1023
IQVIA
IQV
$43.7B
| $437K | 0.01% |
4,598
-30,233
| -87% | -$2.8M |
2016 Q4
3 quarters
|
|
|
RESI
1024
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $437K | 0.01% |
+39,354
| New | +$479K |
2017 Q3
0 quarters
|
|
1025
Veracyte
VCYT
$1.96B
| $436K | 0.01% |
49,700
+34,600
| +229% | +$281K |
2017 Q1
2 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.