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 | |
|---|---|---|---|---|---|---|---|
1076
Align Technology
ALGN
$10.8B
| – | – |
-18,407
| Closed | -$1.34M | – |
|
1077
Alkermes
ALKS
$7.67B
| – | – |
-13,400
| Closed | -$458K | – |
|
1078
Allegion
ALLE
$16.1B
| – | – |
-15,100
| Closed | -$962K | – |
|
1079
Alnylam Pharmaceuticals
ALNY
$21.4B
| – | – |
-8,000
| Closed | -$502K | – |
|
1080
Ambarella
AMBA
$2.74B
| – | – |
-48,735
| Closed | -$2.18M | – |
|
1081
AMC Entertainment Holdings
AMC
$2.93B
| – | – |
-1,180
| Closed | -$330K | – |
|
1082
AMC Global Media
AMCX
$333M
| – | – |
-18,087
| Closed | -$1.18M | – |
|
1083
Amgen
AMGN
$249B
| – | – |
-10,135
| Closed | -$1.52M | – |
|
1084
Amkor Technology
AMKR
$9.32B
| – | – |
-10,900
| Closed | -$64K | – |
|
1085
Ameriprise Financial
AMP
$43.9B
| – | – |
-7,122
| Closed | -$670K | – |
|
1086
ANI Pharmaceuticals
ANIP
$1.66B
| – | – |
-18,645
| Closed | -$628K | – |
|
1087
DELISTED
Ansys
ANSS
| – | – |
-7,920
| Closed | -$709K | – |
|
1088
A.O. Smith
AOS
$8.58B
| – | – |
-27,892
| Closed | -$1.06M | – |
|
1089
Apollo Commercial Real Estate
ARI
$310M
| – | – |
-16,400
| Closed | -$267K | – |
|
1090
Armour Residential REIT
ARR
$1.72B
| – | – |
-2,100
| Closed | -$226K | – |
|
1091
Atmos Energy
ATO
$29.4B
| – | – |
-15,513
| Closed | -$1.15M | – |
|
1092
AptarGroup
ATR
$9.02B
| – | – |
-6,305
| Closed | -$494K | – |
|
1093
Atara Biotherapeutics
ATRA
$82.3M
| – | – |
-648
| Closed | -$308K | – |
|
1094
Atlantic Union Bankshares
AUB
$5.56B
| – | – |
-9,600
| Closed | -$236K | – |
|
1095
Anavex Life Sciences
AVXL
$111M
| – | – |
-21,900
| Closed | -$107K | – |
|
1096
American Water Works
AWK
$29.2B
| – | – |
-9,919
| Closed | -$684K | – |
|
1097
Axon Enterprise
AXON
$33.8B
| – | – |
-17,567
| Closed | -$345K | – |
|
1098
AZZ Inc
AZZ
$4.14B
| – | – |
-5,313
| Closed | -$301K | – |
|
1099
Brink's
BCO
$4.45B
| – | – |
-6,153
| Closed | -$207K | – |
|
1100
BioCryst Pharmaceuticals
BCRX
$2.19B
| – | – |
-41,197
| Closed | -$117K | – |
|
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.