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 | |
|---|---|---|---|---|---|---|---|
1026
Corpay
CPAY
$29.6B
| $436K | 0.01% |
+2,818
| New | +$414K |
2017 Q3
0 quarters
|
|
1027
First Majestic Silver
AG
$6.73B
| $435K | 0.01% |
+63,643
| New | +$456K |
2017 Q3
0 quarters
|
|
1028
DELISTED
Beazer Homes USA
BZH
| $435K | 0.01% |
23,200
+3,663
| +19% | +$55.7K |
2016 Q4
3 quarters
|
|
|
STL
1029
DELISTED
Sterling Bancorp
STL
| $435K | 0.01% |
17,632
-41,878
| -70% | -$955K |
2017 Q2
1 quarter
|
|
1030
Assurant
AIZ
$15.8B
| $431K | 0.01% |
4,512
-1,538
| -25% | -$154K |
2016 Q4
3 quarters
|
|
|
CVG
1031
DELISTED
Convergys
CVG
| $431K | 0.01% |
+16,646
| New | +$400K |
2017 Q3
0 quarters
|
|
1032
Getty Realty Corp
GTY
$1.92B
| $427K | 0.01% |
+14,912
| New | +$395K |
2017 Q3
0 quarters
|
|
1033
Onto Innovation
ONTO
$10B
| $427K | 0.01% |
14,838
-8,605
| -37% | -$226K |
2017 Q1
2 quarters
|
|
|
CY
1034
DELISTED
Cypress Semiconductor
CY
| $427K | 0.01% |
28,462
-161,307
| -85% | -$2.26M |
2017 Q1
2 quarters
|
|
1035
Alphabet (Google) Class C
GOOG
$3.6T
| $426K | 0.01% |
8,880
-331,140
| -97% | -$15.4M |
2016 Q4
3 quarters
|
|
1036
HSBC
HSBC
$306B
| $426K | 0.01% |
+9,426
| New | +$417K |
2017 Q3
0 quarters
|
|
1037
Varex Imaging
VREX
$769M
| $426K | 0.01% |
+12,577
| New | +$393K |
2017 Q3
0 quarters
|
|
1038
Alamo Group
ALG
$1.69B
| $424K | 0.01% |
3,948
-1,206
| -23% | -$113K |
2017 Q1
2 quarters
|
|
1039
Fox Factory Holding Corp
FOXF
$733M
| $420K | 0.01% |
9,750
-2,721
| -22% | -$106K |
2017 Q2
1 quarter
|
|
1040
Galiano Gold
GAU
$597M
| $419K | 0.01% |
440,001
+399,865
| +996% | +$469K |
2017 Q1
2 quarters
|
|
1041
Movado Group
MOV
$709M
| $419K | 0.01% |
+14,969
| New | +$380K |
2017 Q3
0 quarters
|
|
|
NXGN
1042
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $419K | 0.01% |
26,626
-4,889
| -16% | -$78.9K |
2016 Q4
3 quarters
|
|
1043
Expedia Group
EXPE
$30.6B
| $417K | 0.01% |
2,894
-3,806
| -57% | -$564K |
2016 Q4
3 quarters
|
|
1044
DELISTED
Pacific Premier Bancorp
PPBI
| $417K | 0.01% |
+11,052
| New | +$398K |
2017 Q3
0 quarters
|
|
1045
Stifel
SF
$10.9B
| $417K | 0.01% |
17,532
+4,385
| +33% | +$95K |
2017 Q2
1 quarter
|
|
1046
TriNet
TNET
$3.02B
| $411K | 0.01% |
12,228
-1,000
| -8% | -$35K |
2017 Q2
1 quarter
|
|
1047
Brookfield
BN
$91.5B
| $409K | 0.01% |
+27,781
| New | +$390K |
2017 Q3
0 quarters
|
|
1048
MarketAxess Holdings
MKTX
$5.82B
| $409K | 0.01% |
2,219
-6,152
| -73% | -$1.18M |
2017 Q1
2 quarters
|
|
1049
Mercury Systems
MRCY
$4.96B
| $409K | 0.01% |
7,881
+1,680
| +27% | +$77.5K |
2017 Q2
1 quarter
|
|
1050
FreightCar America
RAIL
$162M
| $409K | 0.01% |
+20,900
| New | +$368K |
2017 Q3
0 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.