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 | |
|---|---|---|---|---|---|---|---|
1176
John B. Sanfilippo & Son
JBSS
$657M
| $288K | 0.01% |
+4,094
| New | +$252K |
2016 Q4
0 quarters
|
|
1177
Terreno Realty
TRNO
$7.3B
| $288K | 0.01% |
+10,096
| New | +$270K |
2016 Q4
0 quarters
|
|
1178
DELISTED
Verifone Systems Inc
PAY
| $288K | 0.01% |
+16,270
| New | +$270K |
2016 Q4
0 quarters
|
|
|
GIMO
1179
DELISTED
Gigamon Inc.
GIMO
| $288K | 0.01% |
+6,332
| New | +$330K |
2016 Q4
0 quarters
|
|
1180
Builders FirstSource
BLDR
$6.47B
| $287K | 0.01% |
+26,171
| New | +$284K |
2016 Q4
0 quarters
|
|
1181
Nuveen Taxable Municipal Income Fund
NBB
$421M
| $287K | 0.01% |
+13,900
| New | +$291K |
2016 Q4
0 quarters
|
|
|
AHL
1182
DELISTED
ASPEN Insurance Holding Limited
AHL
| $287K | 0.01% |
5,226
-5,037
| -49% | -$257K |
2016 Q3
1 quarter
|
|
|
CUDA
1183
DELISTED
Barracuda Networks, Inc.
CUDA
| $287K | 0.01% |
+13,400
| New | +$313K |
2016 Q4
0 quarters
|
|
1184
Healthpeak Properties
DOC
$13.9B
| $286K | 0.01% |
+9,635
| New | +$294K |
2016 Q4
0 quarters
|
|
1185
Acadia Healthcare
ACHC
$3.52B
| $285K | 0.01% |
8,600
+3,300
| +62% | +$128K |
2016 Q3
1 quarter
|
|
1186
DELISTED
Vonage Holdings Corporation
VG
| $285K | 0.01% |
41,556
-212,864
| -84% | -$1.41M |
2016 Q3
1 quarter
|
|
1187
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $284K | 0.01% |
+12,400
| New | +$290K |
2016 Q4
0 quarters
|
|
1188
St. Joe Company
JOE
$4.02B
| $283K | 0.01% |
+14,882
| New | +$285K |
2016 Q4
0 quarters
|
|
1189
Kulicke & Soffa
KLIC
$3.79B
| $282K | 0.01% |
17,698
+2,300
| +15% | +$33.5K |
2015 Q4
4 quarters
|
|
|
HZNP
1190
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $282K | 0.01% |
17,456
-16,044
| -48% | -$291K |
2016 Q3
1 quarter
|
|
|
SCNB
1191
DELISTED
Suffolk Bancorp
SCNB
| $282K | 0.01% |
+6,583
| New | +$257K |
2016 Q4
0 quarters
|
|
1192
TriMas Corp
TRS
$1.35B
| $281K | 0.01% |
+11,958
| New | +$244K |
2016 Q4
0 quarters
|
|
1193
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$349M
| $280K | 0.01% |
+13,100
| New | +$283K |
2016 Q4
0 quarters
|
|
1194
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $280K | 0.01% |
10,438
+2,225
| +27% | +$58.1K |
2016 Q3
1 quarter
|
|
|
HMSY
1195
DELISTED
HMS Holdings Corp.
HMSY
| $280K | 0.01% |
15,403
-3,798
| -20% | -$73.9K |
2016 Q2
2 quarters
|
|
|
FSB
1196
DELISTED
Franklin Financial Network, Inc.
FSB
| $280K | 0.01% |
+6,700
| New | +$244K |
2016 Q4
0 quarters
|
|
|
FDC
1197
DELISTED
First Data Corporation
FDC
| $280K | 0.01% |
+19,700
| New | +$280K |
2016 Q4
0 quarters
|
|
|
CHUBK
1198
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $279K | 0.01% |
+18,560
| New | +$278K |
2016 Q4
0 quarters
|
|
1199
Enovis
ENOV
$1.59B
| $277K | 0.01% |
+4,474
| New | +$264K |
2016 Q4
0 quarters
|
|
|
BPFH
1200
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $277K | 0.01% |
+16,739
| New | +$242K |
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.