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 | |
|---|---|---|---|---|---|---|---|
1201
Interactive Brokers
IBKR
$37.1B
| $287K | 0.01% |
+25,512
| New | +$260K |
2017 Q3
0 quarters
|
|
1202
Ezcorp Inc
EZPW
$1.69B
| $285K | 0.01% |
30,019
+11,733
| +64% | +$102K |
2017 Q2
1 quarter
|
|
1203
Gerdau
GGB
$8.63B
| $285K | 0.01% |
104,576
+80,647
| +337% | +$227K |
2017 Q2
1 quarter
|
|
1204
Impinj
PI
$5.2B
| $285K | 0.01% |
+6,849
| New | +$288K |
2017 Q3
0 quarters
|
|
1205
SPS Commerce
SPSC
$2.88B
| $285K | 0.01% |
+10,038
| New | +$296K |
2017 Q3
0 quarters
|
|
1206
America Movil
AMX
$76B
| $284K | 0.01% |
+16,002
| New | +$287K |
2017 Q3
0 quarters
|
|
1207
CoStar Group
CSGP
$12.5B
| $284K | 0.01% |
+10,580
| New | +$294K |
2017 Q3
0 quarters
|
|
1208
Grand Canyon Education
LOPE
$3.08B
| $284K | 0.01% |
3,126
-644
| -17% | -$51.6K |
2017 Q1
2 quarters
|
|
1209
DELISTED
DURECT Corp
DRRX
| $283K | 0.01% |
15,970
+13,920
| +679% | +$233K |
2016 Q4
3 quarters
|
|
|
HRG
1210
DELISTED
HRG Group, Inc.
HRG
| $281K | 0.01% |
18,010
-21,190
| -54% | -$342K |
2017 Q2
1 quarter
|
|
|
ESIO
1211
DELISTED
Electro Scientific Industries
ESIO
| $280K | 0.01% |
+20,093
| New | +$218K |
2017 Q3
0 quarters
|
|
|
XOXO
1212
DELISTED
Xo Group Inc
XOXO
| $280K | 0.01% |
+14,232
| New | +$262K |
2017 Q3
0 quarters
|
|
1213
Agios Pharmaceuticals
AGIO
$1.89B
| $278K | 0.01% |
4,161
-1,000
| -19% | -$60.1K |
2017 Q2
1 quarter
|
|
1214
MBIA
MBI
$239M
| $277K | 0.01% |
31,792
-11,132
| -26% | -$112K |
2016 Q4
3 quarters
|
|
1215
DELISTED
National Storage Affiliates Trust
NSA
| $277K | 0.01% |
+11,442
| New | +$260K |
2017 Q3
0 quarters
|
|
1216
Seacoast Banking Corp of Florida
SBCF
$3.25B
| $277K | 0.01% |
+11,600
| New | +$269K |
2017 Q3
0 quarters
|
|
|
TMX
1217
DELISTED
Terminix Global Holdings, Inc.
TMX
| $276K | 0.01% |
8,809
-35,629
| -80% | -$1.05M |
2017 Q2
1 quarter
|
|
|
ARGO
1218
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $275K | 0.01% |
5,151
-862
| -14% | -$45.1K |
2017 Q2
1 quarter
|
|
1219
DELISTED
CAI International, Inc.
CAI
| $275K | 0.01% |
+9,072
| New | +$250K |
2017 Q3
0 quarters
|
|
1220
DELISTED
ModivCare
MODV
| $274K | 0.01% |
5,074
+632
| +14% | +$32.4K |
2017 Q1
2 quarters
|
|
1221
MasTec
MTZ
$14.7B
| $274K | 0.01% |
5,900
-2,600
| -31% | -$113K |
2017 Q2
1 quarter
|
|
|
ZAYO
1222
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $274K | 0.01% |
7,964
-90,862
| -92% | -$3.01M |
2016 Q2
5 quarters
|
|
1223
Entegris
ENTG
$22.5B
| $273K | 0.01% |
9,451
-23,077
| -71% | -$587K |
2016 Q4
3 quarters
|
|
1224
Quanex
NX
$879M
| $273K | 0.01% |
+11,917
| New | +$247K |
2017 Q3
0 quarters
|
|
1225
Cable One
CABO
$17M
| $272K | 0.01% |
+376
| New | +$278K |
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.