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 | |
|---|---|---|---|---|---|---|---|
1126
Chipotle Mexican Grill
CMG
$42.1B
| – | – |
-181,850
| Closed | -$1.71M | – |
|
1127
Cummins
CMI
$68.9B
| – | – |
-8,807
| Closed | -$968K | – |
|
1128
CMS Energy
CMS
$22B
| – | – |
-64,659
| Closed | -$2.74M | – |
|
1129
Cinemark Holdings
CNK
$4.46B
| – | – |
-27,124
| Closed | -$972K | – |
|
1130
CONMED
CNMD
$1.41B
| – | – |
-7,775
| Closed | -$326K | – |
|
1131
CNO Financial Group
CNO
$5.26B
| – | – |
-21,143
| Closed | -$379K | – |
|
1132
CenterPoint Energy
CNP
$28.2B
| – | – |
-18,195
| Closed | -$381K | – |
|
1133
Coherent
COHR
$40.9B
| – | – |
-12,756
| Closed | -$277K | – |
|
1134
Cooper Companies
COO
$11.6B
| – | – |
-16,812
| Closed | -$647K | – |
|
1135
Coty
COTY
$2.9B
| – | – |
-9,100
| Closed | -$253K | – |
|
1136
Cooper-Standard Automotive
CPS
$365M
| – | – |
-2,800
| Closed | -$201K | – |
|
1137
Camden Property Trust
CPT
$11.7B
| – | – |
-11,128
| Closed | -$936K | – |
|
1138
Crocs
CROX
$7.02B
| – | – |
-17,713
| Closed | -$170K | – |
|
1139
Cirrus Logic
CRUS
$5.63B
| – | – |
-22,412
| Closed | -$816K | – |
|
1140
CareTrust REIT
CTRE
$8.67B
| – | – |
-21,100
| Closed | -$268K | – |
|
1141
Cenovus Energy
CVE
$56.7B
| – | – |
-11,600
| Closed | -$151K | – |
|
1142
DELISTED
Calavo Growers
CVGW
| – | – |
-6,059
| Closed | -$346K | – |
|
1143
Chevron
CVX
$440B
| – | – |
-37,042
| Closed | -$3.53M | – |
|
1144
Clearway Energy Class C
CWEN
$4.17B
| – | – |
-12,900
| Closed | -$184K | – |
|
1145
California Water Service
CWT
$3.09B
| – | – |
-11,167
| Closed | -$298K | – |
|
1146
CoreCivic
CXW
$3.06B
| – | – |
-8,578
| Closed | -$275K | – |
|
1147
Cytokinetics
CYTK
$8.66B
| – | – |
-13,200
| Closed | -$93K | – |
|
1148
Dominion Energy
D
$58.7B
| – | – |
-8,325
| Closed | -$625K | – |
|
1149
Dana Inc
DAN
$2.38B
| – | – |
-38,764
| Closed | -$546K | – |
|
1150
Donaldson
DCI
$9.9B
| – | – |
-8,072
| Closed | -$258K | – |
|
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.