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 | 12.54% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
Synopsys
SNPS
$89.6B
| $12.6M | 0.24% |
156,110
-4,305
| -3% | -$334K |
2016 Q4
3 quarters
|
|
|
SNI
102
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $12.5M | 0.24% |
145,733
+136,192
| +1,427% | +$11.2M |
2015 Q4
7 quarters
|
|
103
Deere & Co
DE
$182B
| $12.5M | 0.24% |
99,600
-140,790
| -59% | -$17.4M |
2016 Q4
3 quarters
|
|
104
Sempra
SRE
$56.3B
| $12.3M | 0.24% |
214,838
+140,782
| +190% | +$8.14M |
2016 Q4
3 quarters
|
|
105
Bread Financial
BFH
$3.93B
| $12.2M | 0.23% |
+69,044
| New | +$12.8M |
2017 Q3
0 quarters
|
|
106
Campbell Soup
CPB
$6.39B
| $11.9M | 0.23% |
254,831
+192,772
| +311% | +$9.8M |
2016 Q2
5 quarters
|
|
107
Aflac
AFL
$62.1B
| $11.6M | 0.22% |
284,316
+243,940
| +604% | +$9.8M |
2016 Q3
4 quarters
|
|
108
Franklin Templeton
BEN
$16.1B
| $11.6M | 0.22% |
259,893
+186,020
| +252% | +$8.15M |
2017 Q2
1 quarter
|
|
109
Palo Alto Networks
PANW
$299B
| $11.4M | 0.22% |
475,404
+106,404
| +29% | +$2.42M |
2016 Q3
4 quarters
|
|
110
CMS Energy
CMS
$22B
| $11.4M | 0.22% |
245,345
+48,419
| +25% | +$2.29M |
2016 Q3
4 quarters
|
|
111
Cintas
CTAS
$87.3B
| $11.3M | 0.22% |
313,876
+178,928
| +133% | +$5.96M |
2016 Q4
3 quarters
|
|
112
Bunge Global
BG
$18.6B
| $11.3M | 0.22% |
+162,911
| New | +$12.3M |
2017 Q3
0 quarters
|
|
113
VF Corp
VFC
$7.2B
| $11.3M | 0.22% |
188,721
+145,442
| +336% | +$8.39M |
2017 Q1
2 quarters
|
|
114
DELISTED
CA, Inc.
CA
| $11.2M | 0.22% |
+335,132
| New | +$11.1M |
2017 Q3
0 quarters
|
|
115
Equifax
EFX
$21.7B
| $11.1M | 0.21% |
105,129
+68,698
| +189% | +$9.08M |
2017 Q2
1 quarter
|
|
116
Devon Energy
DVN
$57.4B
| $11.1M | 0.21% |
302,145
-55,550
| -16% | -$1.8M |
2016 Q3
4 quarters
|
|
|
DISH
117
DELISTED
DISH Network Corp.
DISH
| $11M | 0.21% |
+203,392
| New | +$12M |
2017 Q3
0 quarters
|
|
118
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $11M | 0.21% |
43,700
-16,200
| -27% | -$3.99M |
2017 Q1
2 quarters
|
|
119
DELISTED
Sealed Air
SEE
| $10.9M | 0.21% |
+255,634
| New | +$11.3M |
2017 Q3
0 quarters
|
|
120
Freeport-McMoran
FCX
$89.7B
| $10.8M | 0.21% |
769,483
+478,363
| +164% | +$6.72M |
2017 Q1
2 quarters
|
|
121
Tesla
TSLA
$1.58T
| $10.8M | 0.21% |
474,300
+101,610
| +27% | +$2.34M |
2017 Q2
1 quarter
|
|
122
Charles Schwab
SCHW
$152B
| $10.8M | 0.21% |
245,916
+212,718
| +641% | +$8.83M |
2017 Q2
1 quarter
|
|
123
DELISTED
US Steel
X
| $10.6M | 0.2% |
+414,749
| New | +$10.2M |
2017 Q3
0 quarters
|
|
124
The Gap Inc
GAP
$7.84B
| $10.5M | 0.2% |
355,418
+122,826
| +53% | +$3.02M |
2016 Q4
3 quarters
|
|
125
Eaton
ETN
$144B
| $10.5M | 0.2% |
136,114
+121,444
| +828% | +$9.17M |
2015 Q1
10 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.