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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
Public Service Enterprise Group
PEG
$37B
| $3.45M | 0.22% |
73,998
+41,729
| +129% | +$1.89M |
2015 Q4
2 quarters
|
|
102
Air Products & Chemicals
APD
$70.5B
| $3.44M | 0.21% |
26,144
+23,960
| +1,097% | +$3.19M |
2015 Q1
5 quarters
|
|
|
BBL
103
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $3.39M | 0.21% |
+133,439
| New | +$3.29M |
2016 Q2
0 quarters
|
|
|
CAA
104
DELISTED
CalAtlantic Group, Inc.
CAA
| $3.37M | 0.21% |
91,809
+68,933
| +301% | +$2.42M |
2015 Q4
2 quarters
|
|
105
Hormel Foods
HRL
$11.7B
| $3.35M | 0.21% |
+91,470
| New | +$3.42M |
2016 Q2
0 quarters
|
|
106
Tyson Foods
TSN
$20.1B
| $3.31M | 0.21% |
49,534
+24,858
| +101% | +$1.61M |
2015 Q4
2 quarters
|
|
107
Hartford Financial Services
HIG
$35.5B
| $3.3M | 0.21% |
74,383
+43,484
| +141% | +$1.94M |
2015 Q4
2 quarters
|
|
108
Apple
AAPL
$5.03T
| $3.25M | 0.2% |
136,016
-137,668
| -50% | -$3.42M |
2015 Q4
2 quarters
|
|
109
Cencora
COR
$63.1B
| $3.24M | 0.2% |
40,894
-10,167
| -20% | -$815K |
2015 Q2
4 quarters
|
|
110
Mohawk Industries
MHK
$8.1B
| $3.22M | 0.2% |
16,947
+9,814
| +138% | +$1.91M |
2015 Q3
3 quarters
|
|
111
DELISTED
Sealed Air
SEE
| $3.22M | 0.2% |
69,958
+26,265
| +60% | +$1.26M |
2015 Q3
3 quarters
|
|
112
DELISTED
Pioneer Natural Resource Co.
PXD
| $3.22M | 0.2% |
21,267
+18,053
| +562% | +$2.83M |
2015 Q4
2 quarters
|
|
113
Cognizant
CTSH
$29.1B
| $3.08M | 0.19% |
+53,834
| New | +$3.25M |
2016 Q2
0 quarters
|
|
114
3M
MMM
$89.9B
| $3.07M | 0.19% |
20,965
-22,787
| -52% | -$3.21M |
2016 Q1
1 quarter
|
|
115
iShares Core S&P 500 ETF
IVV
$869B
| $3.06M | 0.19% |
14,543
+8,393
| +136% | +$1.75M |
2016 Q1
1 quarter
|
|
116
Post Holdings
POST
$3.66B
| $3.03M | 0.19% |
56,006
+38,694
| +224% | +$1.87M |
2015 Q4
2 quarters
|
|
117
DELISTED
Foot Locker
FL
| $3.03M | 0.19% |
55,160
+43,902
| +390% | +$2.55M |
2016 Q1
1 quarter
|
|
118
TechnipFMC
FTI
$26.7B
| $3.02M | 0.19% |
152,177
+97,437
| +178% | +$2.01M |
2015 Q4
2 quarters
|
|
119
Sun Communities
SUI
$13.5B
| $3.01M | 0.19% |
39,321
+35,021
| +814% | +$2.47M |
2016 Q1
1 quarter
|
|
120
H&R Block
HRB
$6.29B
| $3.01M | 0.19% |
130,776
+19,799
| +18% | +$440K |
2015 Q4
2 quarters
|
|
121
Neurocrine Biosciences
NBIX
$14.9B
| $3M | 0.19% |
+65,900
| New | +$3.03M |
2016 Q2
0 quarters
|
|
|
ANDV
122
DELISTED
Andeavor
ANDV
| $3M | 0.19% |
39,981
+21,025
| +111% | +$1.67M |
2016 Q1
1 quarter
|
|
123
Adobe
ADBE
$97.4B
| $2.98M | 0.19% |
31,062
+4,171
| +16% | +$401K |
2016 Q1
1 quarter
|
|
124
AT&T
T
$144B
| $2.95M | 0.18% |
90,483
-70,357
| -44% | -$2.09M |
2015 Q4
2 quarters
|
|
125
Western Alliance Bancorporation
WAL
$8.32B
| $2.91M | 0.18% |
89,175
+45,175
| +103% | +$1.59M |
2016 Q1
1 quarter
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.