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 | |
|---|---|---|---|---|---|---|---|
1051
Columbia Banking Systems
COLB
$8.62B
| $380K | 0.01% |
+9,529
| New | +$371K |
2017 Q2
0 quarters
|
|
1052
Graham Holdings Company
GHC
$5.05B
| $379K | 0.01% |
632
+122
| +24% | +$73.1K |
2017 Q1
1 quarter
|
|
|
LABL
1053
DELISTED
Multi-Color Corp
LABL
| $379K | 0.01% |
+4,647
| New | +$367K |
2017 Q2
0 quarters
|
|
1054
SITE Centers
SITC
$35.1M
| $378K | 0.01% |
32,385
-83,331
| -72% | -$1.09M |
2016 Q2
4 quarters
|
|
1055
Insulet
PODD
$10.2B
| $377K | 0.01% |
+7,338
| New | +$319K |
2017 Q2
0 quarters
|
|
1056
ArcBest
ARCB
$2.82B
| $375K | 0.01% |
18,212
+2,161
| +13% | +$46.9K |
2016 Q4
2 quarters
|
|
1057
iRhythm Holdings
IRTC
$2.99B
| $374K | 0.01% |
+8,800
| New | +$320K |
2017 Q2
0 quarters
|
|
1058
Safehold
SAFE
$741M
| $372K | 0.01% |
+6,354
| New | +$376K |
2017 Q2
0 quarters
|
|
1059
Watts Water Technologies
WTS
$11.6B
| $371K | 0.01% |
5,878
-1,428
| -20% | -$89.1K |
2017 Q1
1 quarter
|
|
1060
United Natural Foods
UNFI
$2.72B
| $370K | 0.01% |
10,071
-6,984
| -41% | -$280K |
2017 Q1
1 quarter
|
|
1061
Diodes
DIOD
$3.56B
| $369K | 0.01% |
+15,370
| New | +$380K |
2017 Q2
0 quarters
|
|
1062
Reinsurance Group of America
RGA
$17B
| $369K | 0.01% |
2,872
-2,919
| -50% | -$369K |
2017 Q1
1 quarter
|
|
1063
Forrester Research
FORR
$168M
| $368K | 0.01% |
9,405
+2,096
| +29% | +$82.9K |
2017 Q1
1 quarter
|
|
1064
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $366K | 0.01% |
+18,152
| New | +$369K |
2017 Q2
0 quarters
|
|
1065
Hecla Mining
HL
$9.9B
| $364K | 0.01% |
71,390
-139,262
| -66% | -$772K |
2015 Q4
6 quarters
|
|
1066
Stewart Information Services
STC
$1.43B
| $364K | 0.01% |
8,024
+1,909
| +31% | +$86K |
2016 Q4
2 quarters
|
|
|
ACTA
1067
DELISTED
Actua Corp
ACTA
| $363K | 0.01% |
25,853
+8,385
| +48% | +$118K |
2016 Q4
2 quarters
|
|
|
XL
1068
DELISTED
XL Group Ltd.
XL
| $363K | 0.01% |
8,288
-109,189
| -93% | -$4.6M |
2017 Q1
1 quarter
|
|
1069
Digital Realty Trust
DLR
$65.9B
| $362K | 0.01% |
3,209
-15,959
| -83% | -$1.83M |
2016 Q4
2 quarters
|
|
1070
Teladoc Health
TDOC
$1.6B
| $361K | 0.01% |
+10,400
| New | +$303K |
2017 Q2
0 quarters
|
|
1071
Hilton Grand Vacations
HGV
$3.33B
| $359K | 0.01% |
9,942
-11,605
| -54% | -$400K |
2017 Q1
1 quarter
|
|
1072
Alaunos Therapeutics
TCRT
$4.42M
| $359K | 0.01% |
+385
| New | +$377K |
2017 Q2
0 quarters
|
|
1073
DELISTED
CSG Systems International
CSGS
| $356K | 0.01% |
+8,782
| New | +$345K |
2017 Q2
0 quarters
|
|
1074
Credicorp
BAP
$27.6B
| $355K | 0.01% |
1,980
-4,271
| -68% | -$713K |
2016 Q3
3 quarters
|
|
1075
Jefferies Financial Group
JEF
$10.9B
| $352K | 0.01% |
+15,049
| New | +$343K |
2017 Q2
0 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.