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 | |
|---|---|---|---|---|---|---|---|
1176
DELISTED
Accelerate Diagnostics
AXDX
| $270K | 0.01% |
+987
| New | +$268K |
2017 Q2
0 quarters
|
|
|
MAG
1177
DELISTED
MAG Silver
MAG
| $270K | 0.01% |
+20,719
| New | +$258K |
2017 Q2
0 quarters
|
|
1178
DELISTED
Emerald Holding
EEX
| $269K | 0.01% |
+12,300
| New | +$261K |
2017 Q2
0 quarters
|
|
1179
Nektar Therapeutics
NKTR
$1.27B
| $269K | 0.01% |
+916
| New | +$265K |
2017 Q2
0 quarters
|
|
1180
Primoris Services
PRIM
$3.44B
| $269K | 0.01% |
10,793
-6,008
| -36% | -$142K |
2016 Q4
2 quarters
|
|
1181
Stifel
SF
$10.6B
| $269K | 0.01% |
+13,147
| New | +$270K |
2017 Q2
0 quarters
|
|
|
HT
1182
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $269K | 0.01% |
+14,530
| New | +$273K |
2017 Q2
0 quarters
|
|
|
BZH
1183
DELISTED
Beazer Homes USA
BZH
| $268K | 0.01% |
19,537
+8,397
| +75% | +$109K |
2016 Q4
2 quarters
|
|
1184
Cenovus Energy
CVE
$49.6B
| $267K | 0.01% |
36,180
+13,482
| +59% | +$125K |
2017 Q1
1 quarter
|
|
1185
Sturm, Ruger & Co
RGR
$798M
| $267K | 0.01% |
4,296
-7,964
| -65% | -$495K |
2016 Q1
5 quarters
|
|
|
NRE
1186
DELISTED
NorthStar Realty Europe Corp.
NRE
| $267K | 0.01% |
21,023
+3,120
| +17% | +$37.7K |
2016 Q4
2 quarters
|
|
|
GG
1187
DELISTED
Goldcorp Inc
GG
| $267K | 0.01% |
20,684
-234,223
| -92% | -$3.28M |
2016 Q2
4 quarters
|
|
1188
Agios Pharmaceuticals
AGIO
$1.76B
| $266K | 0.01% |
+5,161
| New | +$264K |
2017 Q2
0 quarters
|
|
1189
Icon
ICLR
$15.3B
| $264K | 0.01% |
+2,700
| New | +$239K |
2017 Q2
0 quarters
|
|
1190
Williams Companies
WMB
$80.1B
| $263K | 0.01% |
8,700
-154,781
| -95% | -$4.61M |
2016 Q1
5 quarters
|
|
|
PKY
1191
DELISTED
Parkway, Inc.
PKY
| $263K | 0.01% |
+11,509
| New | +$232K |
2017 Q2
0 quarters
|
|
|
SGBK
1192
DELISTED
Stonegate Bank
SGBK
| $263K | 0.01% |
+5,700
| New | +$261K |
2017 Q2
0 quarters
|
|
1193
J&J Snack Foods
JJSF
$1.68B
| $262K | 0.01% |
+1,987
| New | +$265K |
2017 Q2
0 quarters
|
|
1194
DELISTED
Sandy Spring Bancorp Inc
SASR
| $262K | 0.01% |
+6,434
| New | +$262K |
2017 Q2
0 quarters
|
|
|
ORIT
1195
DELISTED
Oritani Financial Corp. New
ORIT
| $262K | 0.01% |
+15,372
| New | +$260K |
2017 Q2
0 quarters
|
|
1196
Financial Institutions
FISI
$776M
| $261K | 0.01% |
+8,755
| New | +$277K |
2017 Q2
0 quarters
|
|
1197
Mercury Systems
MRCY
$4.48B
| $261K | 0.01% |
+6,201
| New | +$244K |
2017 Q2
0 quarters
|
|
|
NAV
1198
DELISTED
Navistar International
NAV
| $261K | 0.01% |
9,937
-3,410
| -26% | -$90K |
2016 Q4
2 quarters
|
|
|
PNK
1199
DELISTED
Pinnacle Entertainment Inc.
PNK
| $261K | 0.01% |
+13,200
| New | +$265K |
2017 Q2
0 quarters
|
|
1200
Valley National Bancorp
VLY
$7.74B
| $260K | 0.01% |
22,040
-119,342
| -84% | -$1.4M |
2017 Q1
1 quarter
|
|
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.