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 | |
|---|---|---|---|---|---|---|---|
1176
Axalta
AXTA
$7.83B
| $304K | 0.01% |
10,523
-117,717
| -92% | -$3.56M |
2017 Q2
1 quarter
|
|
1177
Varonis Systems
VRNS
$5.64B
| $304K | 0.01% |
21,759
-1,341
| -6% | -$17.3K |
2016 Q4
3 quarters
|
|
1178
Nutanix
NTNX
$16.5B
| $303K | 0.01% |
+13,524
| New | +$296K |
2017 Q3
0 quarters
|
|
1179
Ares Capital
ARCC
$13.8B
| $302K | 0.01% |
+18,400
| New | +$298K |
2017 Q3
0 quarters
|
|
1180
Murphy USA
MUSA
$9.8B
| $302K | 0.01% |
+4,379
| New | +$305K |
2017 Q3
0 quarters
|
|
1181
Ameris Bancorp
ABCB
$5.55B
| $301K | 0.01% |
6,281
-889
| -12% | -$40.3K |
2017 Q2
1 quarter
|
|
1182
Rush Enterprises Class A
RUSHA
$5.25B
| $301K | 0.01% |
+21,948
| New | +$263K |
2017 Q3
0 quarters
|
|
1183
Associated Banc-Corp
ASB
$5.75B
| $300K | 0.01% |
+12,369
| New | +$288K |
2017 Q3
0 quarters
|
|
1184
Choice Hotels
CHH
$5.29B
| $299K | 0.01% |
4,687
-9,935
| -68% | -$621K |
2016 Q4
3 quarters
|
|
1185
CorVel
CRVL
$4.31B
| $299K | 0.01% |
16,494
+1,779
| +12% | +$29.7K |
2017 Q2
1 quarter
|
|
1186
DELISTED
TPI Composites
TPIC
| $299K | 0.01% |
+13,400
| New | +$268K |
2017 Q3
0 quarters
|
|
1187
Travere Therapeutics
TVTX
$4.86B
| $299K | 0.01% |
+12,030
| New | +$265K |
2017 Q3
0 quarters
|
|
1188
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $298K | 0.01% |
+12,325
| New | +$290K |
2017 Q3
0 quarters
|
|
1189
DELISTED
Sandstorm Gold
SAND
| $296K | 0.01% |
+65,297
| New | +$286K |
2017 Q3
0 quarters
|
|
1190
DELISTED
Cymabay Therapeutics
CBAY
| $295K | 0.01% |
36,570
+18,770
| +105% | +$127K |
2017 Q1
2 quarters
|
|
|
WIFI
1191
DELISTED
Boingo Wireless, Inc.
WIFI
| $295K | 0.01% |
+13,800
| New | +$253K |
2017 Q3
0 quarters
|
|
1192
American Public Education
APEI
$744M
| $294K | 0.01% |
+13,975
| New | +$284K |
2017 Q3
0 quarters
|
|
1193
DELISTED
Brookline Bancorp
BRKL
| $294K | 0.01% |
+18,997
| New | +$275K |
2017 Q3
0 quarters
|
|
1194
National Health Investors
NHI
$3.09B
| $294K | 0.01% |
+3,803
| New | +$297K |
2017 Q3
0 quarters
|
|
|
TBHC
1195
DELISTED
The Brand House Collective
TBHC
| $293K | 0.01% |
+25,677
| New | +$263K |
2017 Q3
0 quarters
|
|
1196
Texas Capital Bancshares, Inc. Common Stock, par value $0.01 per share
TXCP
$4.35B
| $293K | 0.01% |
+3,415
| New | +$265K |
2017 Q3
0 quarters
|
|
|
AIMC
1197
DELISTED
Altra Industrial Motion Corp
AIMC
| $293K | 0.01% |
+6,094
| New | +$269K |
2017 Q3
0 quarters
|
|
1198
Teekay
TK
$1.2B
| $291K | 0.01% |
+32,550
| New | +$285K |
2017 Q3
0 quarters
|
|
1199
Extreme Networks
EXTR
$3.51B
| $290K | 0.01% |
24,406
-11,939
| -33% | -$123K |
2016 Q4
3 quarters
|
|
1200
Inogen
INGN
$148M
| $290K | 0.01% |
3,053
+453
| +17% | +$43.7K |
2017 Q1
2 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.