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 | |
|---|---|---|---|---|---|---|---|
1226
iShares Russell 1000 Growth ETF
IWF
$120B
| – | – |
-50,996
| Closed | -$1.27M | – |
|
1227
Jabil
JBL
$28B
| – | – |
-35,916
| Closed | -$692K | – |
|
1228
Johnson Controls International
JCI
$90.8B
| – | – |
-67,446
| Closed | -$2.75M | – |
|
1229
Johnson & Johnson
JNJ
$641B
| – | – |
-26,491
| Closed | -$2.87M | – |
|
1230
JPMorgan Chase
JPM
$898B
| – | – |
-28,565
| Closed | -$1.69M | – |
|
1231
KB Home
KBH
$2.97B
| – | – |
-139,973
| Closed | -$2M | – |
|
1232
Keysight
KEYS
$51.9B
| – | – |
-8,971
| Closed | -$249K | – |
|
1233
The Kraft Heinz Company
KHC
$29.1B
| – | – |
-36,268
| Closed | -$2.85M | – |
|
1234
Kopin
KOPN
$650M
| – | – |
-11,276
| Closed | -$19K | – |
|
1235
Loews
L
$22.5B
| – | – |
-13,441
| Closed | -$514K | – |
|
1236
Lithia Motors
LAD
$6.46B
| – | – |
-2,800
| Closed | -$245K | – |
|
1237
Lincoln Electric
LECO
$15.4B
| – | – |
-20,239
| Closed | -$1.18M | – |
|
1238
LGI Homes
LGIH
$1.01B
| – | – |
-8,800
| Closed | -$213K | – |
|
1239
L3Harris
LHX
$51.7B
| – | – |
-37,032
| Closed | -$2.88M | – |
|
|
1240
Eli Lilly
LLY
$1.26T
| – | – |
-105,253
| Closed | -$7.58M | – |
|
1241
Lockheed Martin
LMT
$148B
| – | – |
-9,081
| Closed | -$2.01M | – |
|
1242
Alliant Energy
LNT
$18.7B
| – | – |
-13,994
| Closed | -$520K | – |
|
1243
Larimar Therapeutics
LRMR
$264M
| – | – |
-5,708
| Closed | -$458K | – |
|
1244
Landstar System
LSTR
$5.09B
| – | – |
-4,988
| Closed | -$322K | – |
|
1245
lululemon athletica
LULU
$12.4B
| – | – |
-8,868
| Closed | -$600K | – |
|
1246
LXP Industrial Trust
LXP
| – | – |
-6,023
| Closed | -$259K | – |
|
1247
Lexicon Pharmaceuticals
LXRX
$650M
| – | – |
-17,980
| Closed | -$215K | – |
|
1248
Macerich
MAC
$7.02B
| – | – |
-43,088
| Closed | -$3.41M | – |
|
1249
Matsons
MATX
$6.63B
| – | – |
-16,332
| Closed | -$656K | – |
|
1250
Moody's
MCO
$86.8B
| – | – |
-3,092
| Closed | -$299K | – |
|
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.