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 | |
|---|---|---|---|---|---|---|---|
|
CYS
1076
DELISTED
CYS Investments Inc.
CYS
| $378K | 0.01% |
+43,789
| New | +$378K |
2017 Q3
0 quarters
|
|
|
PHH
1077
DELISTED
PHH Corporation
PHH
| $375K | 0.01% |
26,903
+11,903
| +79% | +$165K |
2016 Q4
3 quarters
|
|
1078
Kosmos Energy
KOS
$1.33B
| $374K | 0.01% |
+47,006
| New | +$325K |
2017 Q3
0 quarters
|
|
1079
EnerSys
ENS
$5.09B
| $372K | 0.01% |
5,378
-12,496
| -70% | -$855K |
2017 Q1
2 quarters
|
|
1080
OneSpan
OSPN
$823M
| $371K | 0.01% |
30,776
+13,222
| +75% | +$169K |
2017 Q1
2 quarters
|
|
1081
TTEC Holdings
TTEC
$146M
| $371K | 0.01% |
8,890
-7,729
| -47% | -$313K |
2017 Q2
1 quarter
|
|
|
ONCE
1082
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $371K | 0.01% |
+4,161
| New | +$316K |
2017 Q3
0 quarters
|
|
1083
Trustmark
TRMK
$2.76B
| $370K | 0.01% |
11,182
+3,388
| +43% | +$105K |
2017 Q2
1 quarter
|
|
1084
AGNC Investment
AGNC
$10.5B
| $369K | 0.01% |
+17,004
| New | +$363K |
2017 Q3
0 quarters
|
|
1085
United Fire Group
UFCS
$1.31B
| $369K | 0.01% |
8,047
+2,685
| +50% | +$116K |
2017 Q2
1 quarter
|
|
1086
Baxter International
BAX
$13.4B
| $367K | 0.01% |
5,841
-46,121
| -89% | -$2.85M |
2015 Q3
8 quarters
|
|
1087
Modine Manufacturing
MOD
$7.22B
| $367K | 0.01% |
+19,041
| New | +$319K |
2017 Q3
0 quarters
|
|
|
EEQ
1088
DELISTED
Enbridge Energy Management Llc
EEQ
| $367K | 0.01% |
+26,719
| New | +$348K |
2017 Q3
0 quarters
|
|
1089
AH Realty Trust
AHRT
$471M
| $366K | 0.01% |
+26,527
| New | +$354K |
2017 Q3
0 quarters
|
|
|
IMMU
1090
DELISTED
Immunomedics Inc
IMMU
| $366K | 0.01% |
26,180
+10,900
| +71% | +$109K |
2017 Q2
1 quarter
|
|
1091
Cal-Maine
CALM
$3.1B
| $365K | 0.01% |
+8,890
| New | +$332K |
2017 Q3
0 quarters
|
|
1092
Neogen
NEOG
$2.45B
| $365K | 0.01% |
+12,573
| New | +$323K |
2017 Q3
0 quarters
|
|
1093
Everpure Inc
P
$36B
| $365K | 0.01% |
22,840
+10,140
| +80% | +$139K |
2016 Q4
3 quarters
|
|
|
PGNX
1094
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $365K | 0.01% |
49,544
-45,588
| -48% | -$290K |
2016 Q3
4 quarters
|
|
1095
McEwen Inc
MUX
$733M
| $364K | 0.01% |
18,664
+12,773
| +217% | +$313K |
2016 Q4
3 quarters
|
|
1096
Northwest Bancshares
NWBI
$2.22B
| $361K | 0.01% |
20,906
+6,350
| +44% | +$101K |
2017 Q2
1 quarter
|
|
1097
DexCom
DXCM
$31.1B
| $360K | 0.01% |
+29,452
| New | +$521K |
2017 Q3
0 quarters
|
|
|
EXTN
1098
DELISTED
Exterran Corporation
EXTN
| $360K | 0.01% |
11,384
-28,506
| -71% | -$788K |
2017 Q1
2 quarters
|
|
1099
DELISTED
ENVESTNET, INC.
ENV
| $360K | 0.01% |
+7,064
| New | +$302K |
2017 Q3
0 quarters
|
|
1100
Harmony Gold Mining
HMY
$9.46B
| $359K | 0.01% |
+196,404
| New | +$360K |
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.