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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ACW
1051
DELISTED
Accuride Corp
ACW
| $26K | ﹤0.01% |
+20,800
| New | +$31.3K |
2016 Q2
0 quarters
|
|
|
TPLM
1052
DELISTED
Triangle Petroleum Corporation
TPLM
| $25K | ﹤0.01% |
+88,100
| New | +$33.4K |
2016 Q2
0 quarters
|
|
|
SZMK
1053
DELISTED
SIZMEK INC COM STK (DE)
SZMK
| $25K | ﹤0.01% |
+11,000
| New | +$28.2K |
2016 Q2
0 quarters
|
|
1054
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $20K | ﹤0.01% |
+328
| New | +$25.8K |
2016 Q2
0 quarters
|
|
1055
DELISTED
Golden Ocean Group
GOGL
| $19K | ﹤0.01% |
+5,600
| New | +$21.2K |
2016 Q2
0 quarters
|
|
|
IMN
1056
DELISTED
Imation
IMN
| $15K | ﹤0.01% |
+12,200
| New | +$19.2K |
2016 Q2
0 quarters
|
|
1057
Madrigal Pharmaceuticals
MDGL
$9.42B
| $14K | ﹤0.01% |
+1,551
| New | +$18.6K |
2016 Q2
0 quarters
|
|
1058
DELISTED
ULTRAPETROL (BAHAMAS) LTD COM STK
ULTR
| $14K | ﹤0.01% |
+44,300
| New | +$13.1K |
2016 Q2
0 quarters
|
|
1059
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $13K | ﹤0.01% |
+1,125
| New | +$14.7K |
2016 Q2
0 quarters
|
|
1060
DELISTED
Bebe Stores Inc
BEBE
| $13K | ﹤0.01% |
+2,590
| New | +$12.5K |
2016 Q2
0 quarters
|
|
|
ROX
1061
DELISTED
Castle Brands, Inc.
ROX
| $12K | ﹤0.01% |
+16,700
| New | +$14.3K |
2016 Q2
0 quarters
|
|
|
TAT
1062
DELISTED
TransAtlantic Petroleum LTD.
TAT
| $9K | ﹤0.01% |
+10,700
| New | +$9.33K |
2016 Q2
0 quarters
|
|
1063
Lightbridge
LTBR
$172M
| $8K | ﹤0.01% |
+305
| New | +$8.46K |
2016 Q2
0 quarters
|
|
|
PCO
1064
DELISTED
Pendrell Corporation - Class A
PCO
| $8K | ﹤0.01% |
+16
| New | +$8.82K |
2016 Q2
0 quarters
|
|
|
CDTI
1065
DELISTED
CDTI Advanced Materials, Inc. Common Stock
CDTI
| $5K | ﹤0.01% |
+652
| New | +$7.74K |
2016 Q2
0 quarters
|
|
|
BIND
1066
DELISTED
BIND THERAPEUTICS INC
BIND
| $4K | ﹤0.01% |
+11,000
| New | +$9.03K |
2016 Q2
0 quarters
|
|
1067
American Airlines Group
AAL
$8.54B
| – | – |
-138,179
| Closed | -$5.67M | – |
|
1068
AbbVie
ABBV
$510B
| – | – |
-26,106
| Closed | -$1.49M | – |
|
1069
Asbury Automotive
ABG
$3.61B
| – | – |
-6,910
| Closed | -$413K | – |
|
1070
Acco Brands
ACCO
$484M
| – | – |
-51,500
| Closed | -$462K | – |
|
1071
ACI Worldwide
ACIW
$5.98B
| – | – |
-23,319
| Closed | -$485K | – |
|
1072
Adtran
ADTN
$445M
| – | – |
-28,900
| Closed | -$584K | – |
|
1073
American Financial Group
AFG
$12.8B
| – | – |
-4,909
| Closed | -$345K | – |
|
1074
Aflac
AFL
$62.4B
| – | – |
-22,482
| Closed | -$710K | – |
|
1075
Agenus
AGEN
$307M
| – | – |
-3,908
| Closed | -$319K | – |
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.