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 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
MIK
101
DELISTED
Michaels Stores, Inc
MIK
| $2.8M | 0.22% |
99,912
+82,812
| +484% | +$1.91M |
2015 Q4
1 quarter
|
|
|
CELG
102
DELISTED
Celgene Corp
CELG
| $2.78M | 0.22% |
+27,768
| New | +$2.86M |
2016 Q1
0 quarters
|
|
103
PayPal
PYPL
$47.4B
| $2.76M | 0.21% |
71,503
+50,324
| +238% | +$1.82M |
2015 Q3
2 quarters
|
|
104
Johnson Controls International
JCI
$90.3B
| $2.75M | 0.21% |
67,446
+39,953
| +145% | +$1.53M |
2015 Q4
1 quarter
|
|
105
CMS Energy
CMS
$22B
| $2.74M | 0.21% |
64,659
+35,698
| +123% | +$1.4M |
2015 Q4
1 quarter
|
|
106
Phillips 66
PSX
$110B
| $2.71M | 0.21% |
31,269
+11,531
| +58% | +$937K |
2015 Q4
1 quarter
|
|
107
Bread Financial
BFH
$3.93B
| $2.69M | 0.21% |
15,317
+14,123
| +1,183% | +$2.47M |
2015 Q4
1 quarter
|
|
108
Coca-Cola
KO
$405B
| $2.68M | 0.21% |
+57,797
| New | +$2.52M |
2016 Q1
0 quarters
|
|
109
Dick's Sporting Goods
DKS
$14.2B
| $2.68M | 0.21% |
57,256
+30,116
| +111% | +$1.22M |
2015 Q2
3 quarters
|
|
110
First Solar
FSLR
$18.7B
| $2.66M | 0.21% |
38,874
+14,824
| +62% | +$994K |
2015 Q2
3 quarters
|
|
111
Applied Materials
AMAT
$310B
| $2.65M | 0.21% |
125,079
-144,039
| -54% | -$2.63M |
2015 Q3
2 quarters
|
|
112
Union Pacific
UNP
$181B
| $2.61M | 0.2% |
32,803
+25,891
| +375% | +$2M |
2015 Q4
1 quarter
|
|
113
American Electric Power
AEP
$70.9B
| $2.6M | 0.2% |
39,158
+16,857
| +76% | +$1.04M |
2015 Q3
2 quarters
|
|
114
Starbucks
SBUX
$118B
| $2.59M | 0.2% |
43,420
+2,486
| +6% | +$145K |
2015 Q4
1 quarter
|
|
|
TYC
115
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $2.55M | 0.2% |
66,377
-16,612
| -20% | -$593K |
2015 Q2
3 quarters
|
|
116
DuPont de Nemours
DD
$18.9B
| $2.53M | 0.2% |
19,652
-22,108
| -53% | -$2.65M |
2015 Q4
1 quarter
|
|
117
Adobe
ADBE
$97.4B
| $2.52M | 0.2% |
+26,891
| New | +$2.33M |
2016 Q1
0 quarters
|
|
118
DELISTED
Kellanova
K
| $2.5M | 0.19% |
+34,851
| New | +$2.41M |
2016 Q1
0 quarters
|
|
|
119
DELISTED
Du Pont De Nemours E I
DD
| $2.5M | 0.19% |
+39,558
| New | +$2.37M |
2016 Q1
0 quarters
|
|
120
UnitedHealth
UNH
$365B
| $2.48M | 0.19% |
+19,244
| New | +$2.28M |
2016 Q1
0 quarters
|
|
121
Centene
CNC
$33.9B
| $2.48M | 0.19% |
80,422
+34,518
| +75% | +$1.03M |
2015 Q3
2 quarters
|
|
122
Steel Dynamics
STLD
$35.7B
| $2.47M | 0.19% |
109,601
+39,280
| +56% | +$740K |
2015 Q4
1 quarter
|
|
123
Visa
V
$773B
| $2.46M | 0.19% |
32,113
+26,348
| +457% | +$1.91M |
2015 Q4
1 quarter
|
|
|
LLL
124
DELISTED
L3 Technologies, Inc.
LLL
| $2.44M | 0.19% |
20,574
+6,278
| +44% | +$732K |
2015 Q3
2 quarters
|
|
|
RHT
125
DELISTED
Red Hat Inc
RHT
| $2.44M | 0.19% |
+32,690
| New | +$2.31M |
2016 Q1
0 quarters
|
|
Similar funds
Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.