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 | |
|---|---|---|---|---|---|---|---|
1051
Anika Therapeutics
ANIK
$179M
| $408K | 0.01% |
+7,037
| New | +$368K |
2017 Q3
0 quarters
|
|
1052
Wolverine World Wide
WWW
$2.04B
| $408K | 0.01% |
14,150
-40,249
| -74% | -$1.09M |
2017 Q2
1 quarter
|
|
|
IMPV
1053
DELISTED
Imperva, Inc.
IMPV
| $408K | 0.01% |
9,391
+2,491
| +36% | +$114K |
2016 Q3
4 quarters
|
|
|
ZNGA
1054
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $407K | 0.01% |
107,542
-45,872
| -30% | -$169K |
2017 Q2
1 quarter
|
|
1055
RingCentral
RNG
$6.3B
| $403K | 0.01% |
9,664
+627
| +7% | +$24K |
2017 Q2
1 quarter
|
|
|
CBPX
1056
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $399K | 0.01% |
+15,337
| New | +$354K |
2017 Q3
0 quarters
|
|
|
SVU
1057
DELISTED
SUPERVALU Inc.
SVU
| $398K | 0.01% |
18,285
-117,211
| -87% | -$2.6M |
2015 Q2
9 quarters
|
|
|
CSOD
1058
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $397K | 0.01% |
+9,770
| New | +$361K |
2017 Q3
0 quarters
|
|
|
ACTA
1059
DELISTED
Actua Corp
ACTA
| $395K | 0.01% |
25,798
-55
| -0.2% | -$724 |
2016 Q4
3 quarters
|
|
1060
Rambus
RMBS
$8.81B
| $394K | 0.01% |
+29,505
| New | +$379K |
2017 Q3
0 quarters
|
|
1061
UMB Financial
UMBF
$10.2B
| $394K | 0.01% |
+5,294
| New | +$371K |
2017 Q3
0 quarters
|
|
1062
Kratos Defense & Security Solutions
KTOS
$6.38B
| $390K | 0.01% |
+29,805
| New | +$367K |
2017 Q3
0 quarters
|
|
1063
Pegasystems
PEGA
$5.31B
| $390K | 0.01% |
13,528
-6,040
| -31% | -$175K |
2017 Q1
2 quarters
|
|
1064
Enova International
ENVA
$4.15B
| $389K | 0.01% |
28,953
+9,885
| +52% | +$134K |
2017 Q2
1 quarter
|
|
1065
DELISTED
SP Plus Corporation
SP
| $389K | 0.01% |
9,845
-522
| -5% | -$18.3K |
2017 Q1
2 quarters
|
|
1066
Tetra Tech
TTEK
$9.8B
| $388K | 0.01% |
41,625
-58,955
| -59% | -$518K |
2016 Q4
3 quarters
|
|
|
AVEO
1067
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $388K | 0.01% |
+10,636
| New | +$329K |
2017 Q3
0 quarters
|
|
|
AFSI
1068
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $388K | 0.01% |
28,846
+12,063
| +72% | +$170K |
2016 Q4
3 quarters
|
|
1069
Energizer
ENR
$1.65B
| $387K | 0.01% |
8,400
-135,872
| -94% | -$6.12M |
2017 Q2
1 quarter
|
|
1070
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.24B
| $383K | 0.01% |
9,283
-32,789
| -78% | -$1.31M |
2017 Q2
1 quarter
|
|
1071
Qualys
QLYS
$6.04B
| $383K | 0.01% |
7,402
-28,986
| -80% | -$1.33M |
2016 Q3
4 quarters
|
|
1072
EchoStar
ECHO
$29.1B
| $383K | 0.01% |
+8,255
| New | +$394K |
2017 Q3
0 quarters
|
|
|
TCF
1073
DELISTED
TCF Financial Corporation Common Stock
TCF
| $383K | 0.01% |
+7,328
| New | +$350K |
2017 Q3
0 quarters
|
|
1074
AMC Entertainment Holdings
AMC
$2.9B
| $382K | 0.01% |
+2,601
| New | +$434K |
2017 Q3
0 quarters
|
|
1075
Kyntra Bio
KYNB
$13.9M
| $379K | 0.01% |
+282
| New | +$297K |
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.