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 | |
|---|---|---|---|---|---|---|---|
1126
EPR Properties
EPR
$4.56B
| $306K | 0.01% |
4,255
-658
| -13% | -$47.9K |
2017 Q1
1 quarter
|
|
1127
First Financial Bankshares
FFIN
$4.35B
| $306K | 0.01% |
+13,826
| New | +$277K |
2017 Q2
0 quarters
|
|
1128
Costco
COST
$467B
| $304K | 0.01% |
+1,900
| New | +$327K |
2017 Q2
0 quarters
|
|
1129
Carpenter Technology
CRS
$13.8B
| $303K | 0.01% |
+8,100
| New | +$300K |
2017 Q2
0 quarters
|
|
|
CLGX
1130
DELISTED
Corelogic, Inc.
CLGX
| $302K | 0.01% |
6,967
-5,681
| -45% | -$240K |
2015 Q2
8 quarters
|
|
1131
DELISTED
Emcore Corp
EMKR
| $301K | 0.01% |
2,823
-50
| -2% | -$5K |
2016 Q3
3 quarters
|
|
1132
Ericsson
ERIC
$33.2B
| $300K | 0.01% |
41,850
-11,236
| -21% | -$76.2K |
2016 Q4
2 quarters
|
|
1133
DELISTED
CATALENT, INC.
CTLT
| $300K | 0.01% |
+8,544
| New | +$281K |
2017 Q2
0 quarters
|
|
1134
Evertec
EVTC
$1.99B
| $299K | 0.01% |
+17,309
| New | +$283K |
2017 Q2
0 quarters
|
|
1135
AeroVironment
AVAV
$5.73B
| $298K | 0.01% |
+7,798
| New | +$236K |
2017 Q2
0 quarters
|
|
1136
TFS Financial
TFSL
$4.58B
| $298K | 0.01% |
+19,287
| New | +$312K |
2017 Q2
0 quarters
|
|
1137
Realty Income
O
$56.1B
| $297K | 0.01% |
+5,546
| New | +$307K |
2017 Q2
0 quarters
|
|
1138
Grand Canyon Education
LOPE
$3B
| $296K | 0.01% |
3,770
-1,920
| -34% | -$147K |
2017 Q1
1 quarter
|
|
|
CSFL
1139
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $296K | 0.01% |
11,900
-15,506
| -57% | -$386K |
2016 Q4
2 quarters
|
|
1140
Central Pacific Financial
CPF
$974M
| $295K | 0.01% |
+9,388
| New | +$291K |
2017 Q2
0 quarters
|
|
1141
State Street Industrial Select Sector SPDR ETF
XLI
$30.1B
| $295K | 0.01% |
4,330
-70,942
| -94% | -$4.73M |
2016 Q4
2 quarters
|
|
|
KRA
1142
DELISTED
Kraton Corporation
KRA
| $294K | 0.01% |
+8,537
| New | +$280K |
2017 Q2
0 quarters
|
|
1143
Smith & Nephew
SNN
$13B
| $293K | 0.01% |
+8,400
| New | +$284K |
2017 Q2
0 quarters
|
|
1144
Universal Health Services
UHS
$11.5B
| $293K | 0.01% |
2,400
-18,630
| -89% | -$2.22M |
2015 Q3
7 quarters
|
|
1145
DELISTED
Meridian Bioscience Inc
VIVO
| $293K | 0.01% |
+18,574
| New | +$268K |
2017 Q2
0 quarters
|
|
1146
Visa
V
$789B
| $292K | 0.01% |
+3,119
| New | +$289K |
2017 Q2
0 quarters
|
|
1147
WEX
WEX
$5.99B
| $290K | 0.01% |
+2,786
| New | +$287K |
2017 Q2
0 quarters
|
|
|
XTLY
1148
DELISTED
Xactly Corporation
XTLY
| $289K | 0.01% |
+18,436
| New | +$247K |
2017 Q2
0 quarters
|
|
|
TERP
1149
DELISTED
TerraForm Power, Inc
TERP
| $287K | 0.01% |
+23,920
| New | +$293K |
2017 Q2
0 quarters
|
|
1150
Cooper-Standard Automotive
CPS
$319M
| $286K | 0.01% |
2,840
-3,397
| -54% | -$364K |
2017 Q1
1 quarter
|
|
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.