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 | |
|---|---|---|---|---|---|---|---|
1101
Middleby
MIDD
$6.11B
| $359K | 0.01% |
+2,800
| New | +$345K |
2017 Q3
0 quarters
|
|
1102
DELISTED
Array Biopharma Inc
ARRY
| $358K | 0.01% |
+29,092
| New | +$270K |
2017 Q3
0 quarters
|
|
|
HCCI
1103
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $357K | 0.01% |
+16,400
| New | +$306K |
2017 Q3
0 quarters
|
|
|
HSKA
1104
DELISTED
Heska Corp
HSKA
| $356K | 0.01% |
4,040
-2,879
| -42% | -$283K |
2016 Q4
3 quarters
|
|
1105
AtriCure
ATRC
$2.89B
| $354K | 0.01% |
+15,844
| New | +$358K |
2017 Q3
0 quarters
|
|
1106
Ligand Pharmaceuticals
LGND
$6.18B
| $354K | 0.01% |
4,163
-8,852
| -68% | -$701K |
2017 Q2
1 quarter
|
|
1107
DELISTED
SpartanNash
SPTN
| $354K | 0.01% |
+13,439
| New | +$346K |
2017 Q3
0 quarters
|
|
1108
MFA Financial
MFA
$588M
| $353K | 0.01% |
10,078
-7,793
| -44% | -$271K |
2017 Q2
1 quarter
|
|
1109
Ultragenyx Pharmaceutical
RARE
$1.64B
| $352K | 0.01% |
+6,600
| New | +$391K |
2017 Q3
0 quarters
|
|
|
IPHS
1110
DELISTED
Innophos Holdings, Inc.
IPHS
| $352K | 0.01% |
7,162
-858
| -11% | -$38.7K |
2016 Q4
3 quarters
|
|
1111
DELISTED
Denny's
DENN
| $351K | 0.01% |
+28,197
| New | +$334K |
2017 Q3
0 quarters
|
|
1112
Compañía de Minas Buenaventura
BVN
$6.31B
| $349K | 0.01% |
27,261
+12,654
| +87% | +$160K |
2016 Q4
3 quarters
|
|
1113
Eagle Bancorp
EGBN
$1.05B
| $348K | 0.01% |
+5,186
| New | +$325K |
2017 Q3
0 quarters
|
|
1114
DELISTED
MRC Global
MRC
| $348K | 0.01% |
19,916
-621
| -3% | -$10.2K |
2017 Q1
2 quarters
|
|
1115
Crown Holdings
CCK
$13.1B
| $346K | 0.01% |
5,791
-38,759
| -87% | -$2.3M |
2016 Q4
3 quarters
|
|
1116
DELISTED
2U Inc
TWOU
| $346K | 0.01% |
+206
| New | +$310K |
2017 Q3
0 quarters
|
|
1117
DELISTED
Healthcare Realty Trust Incorporated
HR
| $345K | 0.01% |
+10,656
| New | +$352K |
2017 Q3
0 quarters
|
|
1118
Hooker Furnishings Corp
HOFT
$158M
| $344K | 0.01% |
7,210
+1,597
| +28% | +$68.4K |
2017 Q2
1 quarter
|
|
1119
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $344K | 0.01% |
4,965
-940
| -16% | -$64.8K |
2017 Q2
1 quarter
|
|
1120
BioCryst Pharmaceuticals
BCRX
$1.96B
| $343K | 0.01% |
65,389
+30,390
| +87% | +$156K |
2016 Q4
3 quarters
|
|
|
VRE
1121
DELISTED
Veris Residential
VRE
| $343K | 0.01% |
14,452
+5,752
| +66% | +$142K |
2017 Q2
1 quarter
|
|
1122
Bank OZK
OZK
$5.47B
| $341K | 0.01% |
7,100
-118,872
| -94% | -$5.29M |
2017 Q1
2 quarters
|
|
1123
Coca-Cola Consolidated
COKE
$14.3B
| $340K | 0.01% |
15,750
-51,670
| -77% | -$1.14M |
2017 Q2
1 quarter
|
|
1124
National CineMedia
NCMI
$177M
| $340K | 0.01% |
+4,867
| New | +$314K |
2017 Q3
0 quarters
|
|
1125
Orthofix Medical
OFIX
$292M
| $338K | 0.01% |
+7,144
| New | +$336K |
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.