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 | |
|---|---|---|---|---|---|---|---|
1076
Stepan Co
SCL
$1.52B
| $352K | 0.01% |
+4,045
| New | +$340K |
2017 Q2
0 quarters
|
|
|
IPHS
1077
DELISTED
Innophos Holdings, Inc.
IPHS
| $352K | 0.01% |
8,020
-11,061
| -58% | -$496K |
2016 Q4
2 quarters
|
|
1078
Gold Fields
GFI
$34.7B
| $351K | 0.01% |
100,932
-230,976
| -70% | -$835K |
2016 Q3
3 quarters
|
|
|
CATM
1079
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $351K | 0.01% |
+10,694
| New | +$401K |
2017 Q2
0 quarters
|
|
1080
Graco
GGG
$10.9B
| $348K | 0.01% |
+9,543
| New | +$338K |
2017 Q2
0 quarters
|
|
1081
MillerKnoll
MLKN
$1.48B
| $348K | 0.01% |
11,446
-8,496
| -43% | -$271K |
2016 Q1
5 quarters
|
|
1082
Ubiquiti
UI
$35.9B
| $347K | 0.01% |
6,686
-2,636
| -28% | -$130K |
2016 Q2
4 quarters
|
|
1083
Ameris Bancorp
ABCB
$5.49B
| $346K | 0.01% |
+7,170
| New | +$329K |
2017 Q2
0 quarters
|
|
|
COTV
1084
DELISTED
Cotiviti Holdings, Inc.
COTV
| $345K | 0.01% |
9,300
+804
| +9% | +$31.6K |
2017 Q1
1 quarter
|
|
1085
Ethan Allen Interiors
ETD
$506M
| $343K | 0.01% |
+10,624
| New | +$313K |
2017 Q2
0 quarters
|
|
1086
Portland General Electric
POR
$5.47B
| $343K | 0.01% |
7,500
-4,600
| -38% | -$212K |
2017 Q1
1 quarter
|
|
|
CLDR
1087
DELISTED
Cloudera, Inc.
CLDR
| $343K | 0.01% |
+21,385
| New | +$416K |
2017 Q2
0 quarters
|
|
1088
Chubb
CB
$139B
| $342K | 0.01% |
+2,355
| New | +$331K |
2017 Q2
0 quarters
|
|
1089
Canadian Pacific Kansas City
CP
$80.1B
| $342K | 0.01% |
+10,635
| New | +$330K |
2017 Q2
0 quarters
|
|
1090
Jones Lang LaSalle
JLL
$16.9B
| $342K | 0.01% |
+2,735
| New | +$314K |
2017 Q2
0 quarters
|
|
1091
Red Robin
RRGB
$163M
| $342K | 0.01% |
+5,240
| New | +$333K |
2017 Q2
0 quarters
|
|
1092
Moog Inc Class A
MOG.A
$10.2B
| $341K | 0.01% |
4,748
+1,531
| +48% | +$106K |
2017 Q1
1 quarter
|
|
1093
Integer Holdings
ITGR
$4.3B
| $339K | 0.01% |
7,848
-1,129
| -13% | -$44.9K |
2017 Q1
1 quarter
|
|
1094
DELISTED
MRC Global
MRC
| $339K | 0.01% |
20,537
+6,742
| +49% | +$123K |
2017 Q1
1 quarter
|
|
1095
Shoe Station Group
SHOE
$395M
| $338K | 0.01% |
32,352
+11,732
| +57% | +$129K |
2017 Q1
1 quarter
|
|
1096
Trade Desk
TTD
$6.11B
| $338K | 0.01% |
+67,500
| New | +$309K |
2017 Q2
0 quarters
|
|
|
GOV
1097
DELISTED
Government Properties Income Trust
GOV
| $338K | 0.01% |
18,471
+374
| +2% | +$8.13K |
2017 Q1
1 quarter
|
|
1098
Extreme Networks
EXTR
$3.15B
| $335K | 0.01% |
36,345
-63,519
| -64% | -$562K |
2016 Q4
2 quarters
|
|
1099
National Beverage
FIZZ
$3.48B
| $335K | 0.01% |
7,156
-2,492
| -26% | -$111K |
2017 Q1
1 quarter
|
|
1100
Skywest
SKYW
$3.02B
| $335K | 0.01% |
+9,542
| New | +$335K |
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.