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 |
iShares MSCI Taiwan ETF
EWT
|
+$102M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$85.3M |
| 3 |
Intuit
INTU
|
+$76.5M |
| 4 |
Home Depot
HD
|
+$71.6M |
| 5 |
Cigna
CI
|
+$44.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$119M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$69M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$51.1M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$47.4M |
| 5 |
iShares MSCI India ETF
INDA
|
+$47.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17% |
| 2 | Financials | 13.53% |
| 3 | Healthcare | 13.33% |
| 4 | Technology | 13.18% |
| 5 | Industrials | 11.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
HCA Healthcare
HCA
$105B
| $17.5M | 0.23% |
+170,648
| New | +$17.3M |
2018 Q2
0 quarters
|
|
102
Medtronic
MDT
$129B
| $17.5M | 0.23% |
+204,229
| New | +$17.1M |
2018 Q2
0 quarters
|
|
103
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $17.5M | 0.23% |
+188,217
| New | +$17.5M |
2018 Q2
0 quarters
|
|
104
Cardinal Health
CAH
$63.6B
| $17.4M | 0.23% |
356,636
+294,855
| +477% | +$16.7M |
2017 Q4
2 quarters
|
|
105
FedEx
FDX
$74B
| $17.3M | 0.23% |
76,316
+55,216
| +262% | +$13.7M |
2017 Q4
2 quarters
|
|
106
Nutanix
NTNX
$16.3B
| $17.3M | 0.23% |
334,705
+319,095
| +2,044% | +$17.5M |
2018 Q1
1 quarter
|
|
107
NRG Energy
NRG
$20.2B
| $17M | 0.23% |
554,489
+434,689
| +363% | +$14.1M |
2017 Q4
2 quarters
|
|
108
Wintrust Financial
WTFC
$10.4B
| $16.9M | 0.22% |
194,488
+180,753
| +1,316% | +$16.6M |
2017 Q3
3 quarters
|
|
109
Evergy
EVRG
$20.6B
| $16.9M | 0.22% |
+300,810
| New | +$16.1M |
2018 Q2
0 quarters
|
|
110
Aon
AON
$70.9B
| $16.9M | 0.22% |
123,124
+121,685
| +8,456% | +$17.1M |
2017 Q3
3 quarters
|
|
111
DELISTED
bluebird bio
BLUE
| $16.8M | 0.22% |
8,273
+5,972
| +260% | +$13.6M |
2018 Q1
1 quarter
|
|
112
Conagra Brands
CAG
$7.22B
| $16.8M | 0.22% |
470,011
+18,946
| +4% | +$705K |
2016 Q3
7 quarters
|
|
113
eBay
EBAY
$53.9B
| $16.7M | 0.22% |
459,759
+262,673
| +133% | +$10.2M |
2017 Q4
2 quarters
|
|
114
Designer Brands
DBI
$340M
| $16.7M | 0.22% |
645,152
+553,763
| +606% | +$13.2M |
2018 Q1
1 quarter
|
|
115
Parker-Hannifin
PH
$120B
| $16.6M | 0.22% |
106,234
+69,103
| +186% | +$11.8M |
2018 Q1
1 quarter
|
|
|
AGN
116
DELISTED
Allergan plc
AGN
| $16.5M | 0.22% |
99,081
-9,250
| -9% | -$1.49M |
2017 Q2
4 quarters
|
|
117
Helmerich & Payne
HP
$3.55B
| $16.4M | 0.22% |
257,790
+131,270
| +104% | +$8.93M |
2018 Q1
1 quarter
|
|
118
Microsoft
MSFT
$4.03T
| $16.4M | 0.22% |
166,000
+29,522
| +22% | +$2.86M |
2018 Q1
1 quarter
|
|
|
PBCT
119
DELISTED
People's United Financial Inc
PBCT
| $16.3M | 0.22% |
903,133
+836,271
| +1,251% | +$15.6M |
2016 Q3
7 quarters
|
|
120
Bank of New York Mellon
BNY
$102B
| $16.3M | 0.22% |
302,230
-455,794
| -60% | -$25.1M |
2017 Q2
4 quarters
|
|
121
Ameren
AEE
$31.4B
| $16.3M | 0.22% |
267,699
+103,811
| +63% | +$5.97M |
2017 Q1
5 quarters
|
|
122
DELISTED
Marathon Oil Corporation
MRO
| $16M | 0.21% |
768,163
+70,201
| +10% | +$1.38M |
2015 Q4
10 quarters
|
|
123
Twilio
TWLO
$33.5B
| $16M | 0.21% |
285,867
+252,525
| +757% | +$12.5M |
2018 Q1
1 quarter
|
|
124
Ford
F
$48.8B
| $16M | 0.21% |
+1,443,093
| New | +$16.5M |
2018 Q2
0 quarters
|
|
125
Las Vegas Sands
LVS
$26B
| $16M | 0.21% |
209,001
+115,921
| +125% | +$8.85M |
2016 Q4
6 quarters
|
|
Similar funds
Squarepoint's Q2 2018 Portfolio in Review
As of Q2 2018, Squarepoint held 2,269 positions worth $7.55B, up 20% from $6.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Squarepoint deployed $1.17B of net new capital in Q2 2018, opening 635 new positions and adding to 628 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI India ETF, an estimated $47.3M trimmed.
- Squarepoint's largest Q2 2018 buy was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
- Squarepoint added most to iShares MSCI Taiwan ETF in Q2 2018, an estimated $102M increase.
- Squarepoint's biggest Q2 2018 reduction was iShares MSCI India ETF, cutting an estimated $47.3M.
- Squarepoint fully exited iShares MSCI Brazil ETF in Q2 2018, selling an estimated $119M.
- Squarepoint's ten largest holdings make up 9.4% of its $7.55B portfolio in Q2 2018.
- Squarepoint opened 635 new positions and closed 556 in Q2 2018.
- Squarepoint's portfolio value rose 20% quarter-over-quarter to $7.55B.
Based on Squarepoint's 13F filing for Q2 2018, filed 14 Aug 2018.