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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1151
Globe Life
GL
$12.1B
| $301K | 0.01% |
+4,080
| New | +$280K |
2016 Q4
0 quarters
|
|
|
TGH
1152
DELISTED
Textainer Group Holdings limited
TGH
| $301K | 0.01% |
+40,389
| New | +$336K |
2016 Q4
0 quarters
|
|
1153
DELISTED
Hawaiian Holdings, Inc.
HA
| $300K | 0.01% |
5,268
-9,137
| -63% | -$467K |
2015 Q4
4 quarters
|
|
1154
Corcept Therapeutics
CORT
$7.97B
| $298K | 0.01% |
+41,100
| New | +$322K |
2016 Q4
0 quarters
|
|
1155
Helmerich & Payne
HP
$3.71B
| $298K | 0.01% |
3,850
-25,105
| -87% | -$1.78M |
2015 Q4
4 quarters
|
|
|
PMX
1156
DELISTED
PIMCO Municipal Income Fund III
PMX
| $298K | 0.01% |
+26,200
| New | +$306K |
2016 Q4
0 quarters
|
|
|
LVNTA
1157
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $297K | 0.01% |
8,060
+2,960
| +58% | +$116K |
2016 Q1
3 quarters
|
|
1158
A10 Networks
ATEN
$2.11B
| $296K | 0.01% |
+35,666
| New | +$307K |
2016 Q4
0 quarters
|
|
1159
Bloomin' Brands
BLMN
$868M
| $296K | 0.01% |
+16,392
| New | +$297K |
2016 Q4
0 quarters
|
|
|
YELL
1160
DELISTED
Yellow Corporation Common Stock
YELL
| $295K | 0.01% |
+22,210
| New | +$280K |
2016 Q4
0 quarters
|
|
1161
Cogent Communications
CCOI
$201M
| $294K | 0.01% |
7,122
-4,619
| -39% | -$176K |
2016 Q2
2 quarters
|
|
|
BSFT
1162
DELISTED
BroadSoft, Inc.
BSFT
| $294K | 0.01% |
+7,121
| New | +$304K |
2016 Q4
0 quarters
|
|
1163
Sportsman's Warehouse
SPWH
$47.4M
| $293K | 0.01% |
+31,243
| New | +$296K |
2016 Q4
0 quarters
|
|
|
CORR
1164
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $293K | 0.01% |
+8,395
| New | +$257K |
2016 Q4
0 quarters
|
|
|
PHH
1165
DELISTED
PHH Corporation
PHH
| $293K | 0.01% |
+19,348
| New | +$286K |
2016 Q4
0 quarters
|
|
1166
DELISTED
Avangrid, Inc.
AGR
| $292K | 0.01% |
+7,700
| New | +$294K |
2016 Q4
0 quarters
|
|
1167
Aclaris Therapeutics
ACRS
$634M
| $291K | 0.01% |
+10,739
| New | +$274K |
2016 Q4
0 quarters
|
|
1168
Incyte
INCY
$24.8B
| $291K | 0.01% |
2,906
-7,094
| -71% | -$692K |
2016 Q3
1 quarter
|
|
1169
ITT
ITT
$19.1B
| $291K | 0.01% |
7,551
-4,638
| -38% | -$175K |
2016 Q3
1 quarter
|
|
1170
NexPoint Residential Trust
NXRT
$392M
| $291K | 0.01% |
+13,025
| New | +$256K |
2016 Q4
0 quarters
|
|
1171
CVB Financial
CVBF
$3.92B
| $290K | 0.01% |
+12,631
| New | +$250K |
2016 Q4
0 quarters
|
|
1172
Kearny Financial
KRNY
$578M
| $290K | 0.01% |
+18,664
| New | +$274K |
2016 Q4
0 quarters
|
|
1173
Royal Caribbean
RCL
$86.1B
| $290K | 0.01% |
+3,539
| New | +$279K |
2016 Q4
0 quarters
|
|
|
NETI
1174
DELISTED
Eneti Inc.
NETI
| $290K | 0.01% |
+6,189
| New | +$260K |
2016 Q4
0 quarters
|
|
|
XOG
1175
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $289K | 0.01% |
+14,400
| New | +$306K |
2016 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.