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 |
Amazon
AMZN
|
+$97.9M |
| 2 |
CELG
Celgene Corp
CELG
|
+$93.9M |
| 3 |
VF Corp
VFC
|
+$71.9M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$69.6M |
| 5 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$63.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar General
DG
|
+$113M |
| 2 |
TJX Companies
TJX
|
+$95.9M |
| 3 |
Yum! Brands
YUM
|
+$87.7M |
| 4 |
Colgate-Palmolive
CL
|
+$69.2M |
| 5 |
Walt Disney
DIS
|
+$68.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 21.12% |
| 2 | Technology | 12.66% |
| 3 | Financials | 11.33% |
| 4 | Healthcare | 10.97% |
| 5 | Miscellaneous | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
Lockheed Martin
LMT
$138B
| $22.6M | 0.22% |
62,060
-79,052
| -56% | -$26.4M |
2017 Q2
8 quarters
|
|
102
LKQ Corp
LKQ
$4.91B
| $22.5M | 0.22% |
847,225
+556,406
| +191% | +$15.6M |
2018 Q1
5 quarters
|
|
103
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $22.5M | 0.22% |
+84,486
| New | +$22.1M |
2019 Q2
0 quarters
|
|
|
NLSN
104
DELISTED
Nielsen Holdings plc
NLSN
| $22.2M | 0.22% |
983,668
+377,784
| +62% | +$9.13M |
2018 Q4
2 quarters
|
|
105
Southern Company
SO
$109B
| $22.2M | 0.22% |
401,655
+233,401
| +139% | +$12.5M |
2017 Q4
6 quarters
|
|
106
Capri Holdings
CPRI
$2.22B
| $21.5M | 0.21% |
+618,818
| New | +$25.2M |
2019 Q2
0 quarters
|
|
107
Public Service Enterprise Group
PEG
$37.8B
| $21.1M | 0.21% |
358,864
+200,377
| +126% | +$11.9M |
2017 Q4
6 quarters
|
|
108
Advanced Micro Devices
AMD
$876B
| $21M | 0.2% |
+690,215
| New | +$19.7M |
2019 Q2
0 quarters
|
|
109
McKesson
MCK
$127B
| $20.8M | 0.2% |
154,576
+70,328
| +83% | +$8.77M |
2018 Q1
5 quarters
|
|
110
DELISTED
TD Ameritrade Holding Corp
AMTD
| $20.8M | 0.2% |
415,926
+280,136
| +206% | +$14.5M |
2019 Q1
1 quarter
|
|
111
Capital One
COF
$117B
| $20.7M | 0.2% |
227,822
-215,894
| -49% | -$19.3M |
2018 Q1
5 quarters
|
|
112
JPMorgan Chase
JPM
$919B
| $20.5M | 0.2% |
183,592
+146,531
| +395% | +$16.2M |
2016 Q4
10 quarters
|
|
113
Tesla
TSLA
$1.54T
| $20.5M | 0.2% |
1,375,935
+980,505
| +248% | +$15.3M |
2018 Q4
2 quarters
|
|
114
State Street Technology Select Sector SPDR ETF
XLK
$113B
| $20.5M | 0.2% |
525,098
-723,280
| -58% | -$27.6M |
2018 Q3
3 quarters
|
|
115
Genuine Parts
GPC
$17B
| $20.4M | 0.2% |
196,909
+39,815
| +25% | +$4.12M |
2017 Q4
6 quarters
|
|
|
116
Walt Disney
DIS
$205B
| $20.3M | 0.2% |
145,482
-518,082
| -78% | -$68.7M |
2018 Q4
2 quarters
|
|
117
CME Group
CME
$114B
| $20.3M | 0.2% |
104,421
-77,588
| -43% | -$14.3M |
2016 Q3
11 quarters
|
|
|
ETFC
118
DELISTED
E*Trade Financial Corporation
ETFC
| $20.2M | 0.2% |
452,199
+103,855
| +30% | +$4.96M |
2018 Q2
4 quarters
|
|
119
Amgen
AMGN
$252B
| $20.2M | 0.2% |
109,400
+56,300
| +106% | +$10.1M |
2016 Q3
11 quarters
|
|
120
Vornado Realty Trust
VNO
$6.49B
| $20.1M | 0.2% |
313,459
+58,273
| +23% | +$3.92M |
2018 Q4
2 quarters
|
|
121
Charter Communications
CHTR
$15.8B
| $20M | 0.2% |
50,631
-35,627
| -41% | -$13.4M |
2019 Q1
1 quarter
|
|
122
International Paper
IP
$18.2B
| $19.9M | 0.19% |
484,211
+390,159
| +415% | +$16.5M |
2017 Q3
7 quarters
|
|
123
Simon Property Group
SPG
$75.1B
| $19.8M | 0.19% |
124,151
-36,364
| -23% | -$6.26M |
2018 Q1
5 quarters
|
|
124
Assurant
AIZ
$15.8B
| $19.3M | 0.19% |
181,275
+103,671
| +134% | +$10.2M |
2018 Q3
3 quarters
|
|
125
FirstEnergy
FE
$27.2B
| $18.9M | 0.18% |
441,926
-68,875
| -13% | -$2.89M |
2018 Q2
4 quarters
|
|
Similar funds
Squarepoint's Q2 2019 Portfolio in Review
As of Q2 2019, Squarepoint held 2,856 positions worth $10.3B, up 8.7% from $9.44B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
Squarepoint deployed $560M of net new capital in Q2 2019, opening 753 new positions and adding to 869 existing holdings. Its largest new stake was Celgene Corp: 988,338 shares worth $91.4M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 21% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dollar General, an estimated $113M trimmed.
- Squarepoint's largest Q2 2019 buy was Celgene Corp: 988,338 shares worth $91.4M.
- Squarepoint added most to Amazon in Q2 2019, an estimated $97.9M increase.
- Squarepoint's biggest Q2 2019 reduction was Dollar General, cutting an estimated $113M.
- Squarepoint fully exited iShares MSCI India ETF in Q2 2019, selling an estimated $55.7M.
- Squarepoint's ten largest holdings make up 9.3% of its $10.3B portfolio in Q2 2019.
- Squarepoint opened 753 new positions and closed 531 in Q2 2019.
- Squarepoint's portfolio value rose 8.7% quarter-over-quarter to $10.3B.
Based on Squarepoint's 13F filing for Q2 2019, filed 14 Aug 2019.