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 | |
|---|---|---|---|---|---|---|---|
|
ELLI
1126
DELISTED
Ellie Mae Inc
ELLI
| $338K | 0.01% |
+4,117
| New | +$378K |
2017 Q3
0 quarters
|
|
|
MTGE
1127
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $338K | 0.01% |
+17,398
| New | +$332K |
2017 Q3
0 quarters
|
|
1128
NovaGold Resources
NG
$2.47B
| $337K | 0.01% |
81,770
+25,969
| +47% | +$112K |
2017 Q2
1 quarter
|
|
1129
Pultegroup
PHM
$23.4B
| $336K | 0.01% |
+12,309
| New | +$311K |
2017 Q3
0 quarters
|
|
1130
Iovance Biotherapeutics
IOVA
$3.59B
| $335K | 0.01% |
+43,206
| New | +$273K |
2017 Q3
0 quarters
|
|
|
HMSY
1131
DELISTED
HMS Holdings Corp.
HMSY
| $335K | 0.01% |
+16,860
| New | +$313K |
2017 Q3
0 quarters
|
|
1132
Coeur Mining
CDE
$14.3B
| $334K | 0.01% |
36,358
-11,072
| -23% | -$94.1K |
2016 Q2
5 quarters
|
|
1133
MSG Knickerbockers Corp.
MSGK
$7.58B
| $334K | 0.01% |
2,184
-8,879
| -80% | -$1.34M |
2017 Q1
2 quarters
|
|
1134
Ciena
CIEN
$39.8B
| $331K | 0.01% |
15,061
-35,656
| -70% | -$853K |
2017 Q2
1 quarter
|
|
1135
Insulet
PODD
$10.6B
| $330K | 0.01% |
6,000
-1,338
| -18% | -$73.1K |
2017 Q2
1 quarter
|
|
1136
Exponent
EXPO
$4.15B
| $328K | 0.01% |
+8,870
| New | +$293K |
2017 Q3
0 quarters
|
|
1137
Liberty Global Class A
LBTYA
$3.58B
| $328K | 0.01% |
+9,668
| New | +$322K |
2017 Q3
0 quarters
|
|
1138
FTI Consulting
FCN
$5.53B
| $327K | 0.01% |
+9,226
| New | +$311K |
2017 Q3
0 quarters
|
|
1139
Surgery Partners
SGRY
$3.53B
| $326K | 0.01% |
+31,464
| New | +$450K |
2017 Q3
0 quarters
|
|
1140
Fortive
FTV
$20.2B
| $325K | 0.01% |
7,285
-22,567
| -76% | -$939K |
2016 Q3
4 quarters
|
|
1141
BeOne Medicines Ltd
ONC
$47.6B
| $325K | 0.01% |
+3,137
| New | +$234K |
2017 Q3
0 quarters
|
|
1142
Credicorp
BAP
$29.3B
| $324K | 0.01% |
1,580
-400
| -20% | -$78.5K |
2016 Q3
4 quarters
|
|
1143
LPL Financial
LPLA
$22.8B
| $324K | 0.01% |
6,292
-26,981
| -81% | -$1.24M |
2016 Q4
3 quarters
|
|
1144
National Grid
NGG
$84.7B
| $324K | 0.01% |
+5,835
| New | +$326K |
2017 Q3
0 quarters
|
|
1145
iShares Russell 2000 Growth ETF
IWO
$13.9B
| $323K | 0.01% |
+1,806
| New | +$307K |
2017 Q3
0 quarters
|
|
1146
Moelis & Co
MC
$4.14B
| $323K | 0.01% |
+7,500
| New | +$300K |
2017 Q3
0 quarters
|
|
1147
FormFactor
FORM
$6.85B
| $322K | 0.01% |
19,100
-67,407
| -78% | -$959K |
2017 Q2
1 quarter
|
|
1148
STRATTEC Security
STRT
$250M
| $321K | 0.01% |
+7,857
| New | +$283K |
2017 Q3
0 quarters
|
|
|
APRN
1149
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $320K | 0.01% |
+326
| New | +$357K |
2017 Q3
0 quarters
|
|
1150
QuinStreet
QNST
$1.09B
| $319K | 0.01% |
+43,441
| New | +$210K |
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.