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 | |
|---|---|---|---|---|---|---|---|
|
RUTH
1051
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $353K | 0.01% |
+19,272
| New | +$317K |
2016 Q4
0 quarters
|
|
1052
DELISTED
SunPower Corporation Common Stock
SPWR
| $352K | 0.01% |
+81,236
| New | +$397K |
2016 Q4
0 quarters
|
|
1053
CVR Energy
CVI
$4.56B
| $351K | 0.01% |
13,827
+2,765
| +25% | +$47.9K |
2016 Q2
2 quarters
|
|
1054
Invesco Advantage Municipal Income Trust II
VKI
$372M
| $351K | 0.01% |
+31,400
| New | +$356K |
2016 Q4
0 quarters
|
|
|
SFLY
1055
DELISTED
Shutterfly, Inc.
SFLY
| $351K | 0.01% |
+7,000
| New | +$339K |
2016 Q4
0 quarters
|
|
1056
DELISTED
Independent Bank Group, Inc.
IBTX
| $351K | 0.01% |
+5,618
| New | +$303K |
2016 Q4
0 quarters
|
|
|
PGNX
1057
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $350K | 0.01% |
40,559
+29,460
| +265% | +$218K |
2016 Q3
1 quarter
|
|
1058
Gladstone Commercial Corp
GOOD
$479M
| $349K | 0.01% |
+17,370
| New | +$320K |
2016 Q4
0 quarters
|
|
1059
Comfort Systems
FIX
$39.5B
| $348K | 0.01% |
+10,454
| New | +$326K |
2016 Q4
0 quarters
|
|
1060
Quaker Houghton
KWR
$2.64B
| $346K | 0.01% |
+2,707
| New | +$319K |
2016 Q4
0 quarters
|
|
1061
Walker & Dunlop
WD
$1.33B
| $346K | 0.01% |
+11,084
| New | +$311K |
2016 Q4
0 quarters
|
|
1062
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $345K | 0.01% |
+22,039
| New | +$344K |
2016 Q4
0 quarters
|
|
1063
Ducommun
DCO
$2.15B
| $344K | 0.01% |
+13,445
| New | +$328K |
2016 Q4
0 quarters
|
|
1064
Dine Brands
DIN
$447M
| $344K | 0.01% |
4,471
+1,177
| +36% | +$95.6K |
2016 Q1
3 quarters
|
|
1065
Liberty Global Class A
LBTYA
$3.54B
| $344K | 0.01% |
+11,245
| New | +$355K |
2016 Q4
0 quarters
|
|
|
PSTB
1066
DELISTED
Park Sterling Corp.
PSTB
| $344K | 0.01% |
+31,903
| New | +$298K |
2016 Q4
0 quarters
|
|
1067
Coty
COTY
$3.55B
| $343K | 0.01% |
+18,712
| New | +$387K |
2016 Q4
0 quarters
|
|
|
SCAI
1068
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $343K | 0.01% |
7,412
-867
| -10% | -$38.7K |
2016 Q1
3 quarters
|
|
1069
Equinor
EQNR
$101B
| $342K | 0.01% |
+18,769
| New | +$321K |
2016 Q4
0 quarters
|
|
|
RTEC
1070
DELISTED
Rudolph Technologies Inc
RTEC
| $342K | 0.01% |
+14,636
| New | +$287K |
2016 Q4
0 quarters
|
|
1071
Amkor Technology
AMKR
$9.2B
| $341K | 0.01% |
32,284
+6,453
| +25% | +$68.7K |
2016 Q3
1 quarter
|
|
1072
Insperity
NSP
$1.9B
| $341K | 0.01% |
9,602
+1,632
| +20% | +$58.9K |
2016 Q1
3 quarters
|
|
1073
DELISTED
Amicus Therapeutics
FOLD
| $339K | 0.01% |
68,167
+43,667
| +178% | +$302K |
2016 Q3
1 quarter
|
|
|
SIVB
1074
DELISTED
SVB Financial Group
SIVB
| $339K | 0.01% |
+1,974
| New | +$283K |
2016 Q4
0 quarters
|
|
1075
Sonida Senior Living
SNDA
$1.63B
| $338K | 0.01% |
+1,402
| New | +$332K |
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.