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 | |
|---|---|---|---|---|---|---|---|
1151
Varonis Systems
VRNS
$5.63B
| $286K | 0.01% |
23,100
-13,536
| -37% | -$155K |
2016 Q4
2 quarters
|
|
1152
ANI Pharmaceuticals
ANIP
$1.53B
| $285K | 0.01% |
+6,097
| New | +$294K |
2017 Q2
0 quarters
|
|
1153
HubSpot
HUBS
$9.8B
| $285K | 0.01% |
+4,327
| New | +$292K |
2017 Q2
0 quarters
|
|
1154
Nomad Foods
NOMD
$1.64B
| $285K | 0.01% |
20,200
-19,284
| -49% | -$246K |
2017 Q1
1 quarter
|
|
|
PFPT
1155
DELISTED
Proofpoint, Inc.
PFPT
| $285K | 0.01% |
+3,286
| New | +$270K |
2017 Q2
0 quarters
|
|
1156
ICF International
ICFI
$1.43B
| $284K | 0.01% |
6,029
-1,293
| -18% | -$58.8K |
2016 Q4
2 quarters
|
|
1157
Enova International
ENVA
$4.22B
| $283K | 0.01% |
+19,068
| New | +$270K |
2017 Q2
0 quarters
|
|
1158
Ladder Capital
LADR
$1.12B
| $283K | 0.01% |
21,100
-2,311
| -10% | -$33.1K |
2016 Q4
2 quarters
|
|
1159
WisdomTree
WT
$2.94B
| $283K | 0.01% |
27,850
+16,789
| +152% | +$155K |
2016 Q3
3 quarters
|
|
1160
Matthews International
MATW
$603M
| $282K | 0.01% |
+4,609
| New | +$301K |
2017 Q2
0 quarters
|
|
1161
LSB Industries
LXU
$763M
| $281K | 0.01% |
35,304
+21,976
| +165% | +$156K |
2016 Q2
4 quarters
|
|
1162
Tapestry
TPR
$26.1B
| $280K | 0.01% |
+5,924
| New | +$260K |
2017 Q2
0 quarters
|
|
1163
Cullen/Frost Bankers
CFR
$9.7B
| $277K | 0.01% |
2,953
-28,278
| -91% | -$2.61M |
2017 Q1
1 quarter
|
|
1164
Selective Insurance
SIGI
$5.92B
| $277K | 0.01% |
+5,533
| New | +$273K |
2017 Q2
0 quarters
|
|
|
KERX
1165
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $277K | 0.01% |
38,311
+1,036
| +3% | +$6.47K |
2016 Q4
2 quarters
|
|
1166
Nordson
NDSN
$17.3B
| $276K | 0.01% |
2,276
+597
| +36% | +$72.9K |
2016 Q3
3 quarters
|
|
1167
Archrock
AROC
$4.83B
| $275K | 0.01% |
24,102
-9,392
| -28% | -$108K |
2017 Q1
1 quarter
|
|
1168
Rayonier
RYN
$6.38B
| $275K | 0.01% |
10,551
-42,983
| -80% | -$1.11M |
2017 Q1
1 quarter
|
|
1169
CF Industries
CF
$17.5B
| $274K | 0.01% |
+9,785
| New | +$270K |
2017 Q2
0 quarters
|
|
1170
MasterCraft Boat Holdings
MCFT
$493M
| $274K | 0.01% |
+14,000
| New | +$251K |
2017 Q2
0 quarters
|
|
1171
DELISTED
Unilever NV New York Registry Shares
UN
| $274K | 0.01% |
+4,949
| New | +$267K |
2017 Q2
0 quarters
|
|
1172
Braemar Hotels & Resorts
BHR
$107M
| $273K | 0.01% |
26,839
+7,129
| +36% | +$72.8K |
2017 Q1
1 quarter
|
|
1173
Fortuna Silver Mines
FSM
$2.85B
| $273K | 0.01% |
55,774
+41,145
| +281% | +$198K |
2016 Q4
2 quarters
|
|
1174
Lexicon Pharmaceuticals
LXRX
$793M
| $272K | 0.01% |
+16,516
| New | +$256K |
2017 Q2
0 quarters
|
|
1175
Alarm.com
ALRM
$3.19B
| $271K | 0.01% |
7,200
-1,616
| -18% | -$54.1K |
2016 Q4
2 quarters
|
|
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.