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 | |
|---|---|---|---|---|---|---|---|
1151
DELISTED
Sanchez Energy Corporation
SN
| $319K | 0.01% |
66,087
+41,192
| +165% | +$212K |
2016 Q4
3 quarters
|
|
1152
Alexandria Real Estate Equities
ARE
$7.64B
| $318K | 0.01% |
+2,670
| New | +$321K |
2017 Q3
0 quarters
|
|
1153
HCI Group
HCI
$2.38B
| $318K | 0.01% |
8,322
-1,625
| -16% | -$66.7K |
2017 Q1
2 quarters
|
|
1154
DELISTED
Amicus Therapeutics
FOLD
| $317K | 0.01% |
+21,052
| New | +$278K |
2017 Q3
0 quarters
|
|
1155
Paylocity
PCTY
$9.26B
| $317K | 0.01% |
+6,501
| New | +$302K |
2017 Q3
0 quarters
|
|
|
CNCE
1156
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $317K | 0.01% |
21,500
+5,100
| +31% | +$74K |
2016 Q4
3 quarters
|
|
|
XLRN
1157
DELISTED
Acceleron Pharma
XLRN
| $317K | 0.01% |
+8,481
| New | +$294K |
2017 Q3
0 quarters
|
|
|
PNK
1158
DELISTED
Pinnacle Entertainment Inc.
PNK
| $315K | 0.01% |
14,763
+1,563
| +12% | +$30.7K |
2017 Q2
1 quarter
|
|
1159
Nomad Foods
NOMD
$1.67B
| $314K | 0.01% |
21,534
+1,334
| +7% | +$19.5K |
2017 Q1
2 quarters
|
|
|
FNFV
1160
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $314K | 0.01% |
+18,281
| New | +$304K |
2017 Q3
0 quarters
|
|
|
QHC
1161
DELISTED
Quorum Health Corporation
QHC
| $313K | 0.01% |
60,346
+16,005
| +36% | +$65.1K |
2017 Q2
1 quarter
|
|
1162
DELISTED
Sprint Corporation
S
| $313K | 0.01% |
40,259
-177,524
| -82% | -$1.46M |
2016 Q2
5 quarters
|
|
1163
DXP Enterprises
DXPE
$2.38B
| $312K | 0.01% |
9,902
-12,717
| -56% | -$379K |
2016 Q4
3 quarters
|
|
1164
Fortuna Silver Mines
FSM
$2.67B
| $312K | 0.01% |
71,221
+15,447
| +28% | +$72.4K |
2016 Q4
3 quarters
|
|
1165
Equinor
EQNR
$102B
| $310K | 0.01% |
+15,412
| New | +$285K |
2017 Q3
0 quarters
|
|
1166
American Vanguard Corp
AVD
$25.9M
| $309K | 0.01% |
13,499
+3,260
| +32% | +$64.5K |
2017 Q2
1 quarter
|
|
1167
Korn Ferry
KFY
$4.23B
| $309K | 0.01% |
7,840
-15,129
| -66% | -$522K |
2017 Q2
1 quarter
|
|
|
ZAGG
1168
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $309K | 0.01% |
19,600
+6,181
| +46% | +$67.8K |
2017 Q2
1 quarter
|
|
1169
American Eagle Outfitters
AEO
$3.64B
| $308K | 0.01% |
21,513
-18,005
| -46% | -$221K |
2017 Q2
1 quarter
|
|
1170
Fabrinet
FN
$11.7B
| $307K | 0.01% |
+8,297
| New | +$339K |
2017 Q3
0 quarters
|
|
1171
Avis
CAR
$4.43B
| $306K | 0.01% |
+8,046
| New | +$271K |
2017 Q3
0 quarters
|
|
1172
Pursuit Attractions and Hospitality Inc
PRSU
$1.48B
| $306K | 0.01% |
5,019
-4,690
| -48% | -$249K |
2017 Q2
1 quarter
|
|
|
ABCO
1173
DELISTED
Advisory Board Co
ABCO
| $306K | 0.01% |
5,700
-5,898
| -51% | -$318K |
2017 Q2
1 quarter
|
|
1174
V2X
VVX
$2.52B
| $305K | 0.01% |
+9,883
| New | +$306K |
2017 Q3
0 quarters
|
|
|
VNTR
1175
DELISTED
Venator Materials PLC
VNTR
| $305K | 0.01% |
+13,487
| New | +$280K |
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.