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
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
PSB
1226
DELISTED
PS Business Parks, Inc.
PSB
| $247K | ﹤0.01% |
+1,869
| New | +$233K |
2017 Q2
0 quarters
|
|
1227
E.W. Scripps
SSP
$283M
| $246K | ﹤0.01% |
13,790
-21,688
| -61% | -$424K |
2017 Q1
1 quarter
|
|
|
CUNB
1228
DELISTED
CU Bancorp
CUNB
| $246K | ﹤0.01% |
+6,800
| New | +$252K |
2017 Q2
0 quarters
|
|
|
FNGN
1229
DELISTED
Financial Engines, Inc.
FNGN
| $245K | ﹤0.01% |
+6,687
| New | +$267K |
2017 Q2
0 quarters
|
|
1230
Plexus
PLXS
$5.12B
| $243K | ﹤0.01% |
4,628
-2,165
| -32% | -$115K |
2017 Q1
1 quarter
|
|
1231
Scholastic
SCHL
$685M
| $243K | ﹤0.01% |
5,577
-1,024
| -16% | -$44.2K |
2016 Q3
3 quarters
|
|
|
XENT
1232
DELISTED
Intersect ENT, Inc
XENT
| $243K | ﹤0.01% |
+8,700
| New | +$197K |
2017 Q2
0 quarters
|
|
1233
Brookdale Senior Living
BKD
$2.15B
| $237K | ﹤0.01% |
16,104
-67,541
| -81% | -$933K |
2016 Q4
2 quarters
|
|
1234
Enerpac Tool Group
EPAC
$1.99B
| $237K | ﹤0.01% |
+9,625
| New | +$247K |
2017 Q2
0 quarters
|
|
1235
First Commonwealth Financial
FCF
$2.03B
| $237K | ﹤0.01% |
+18,713
| New | +$239K |
2017 Q2
0 quarters
|
|
1236
El Pollo Loco
LOCO
$453M
| $237K | ﹤0.01% |
+17,105
| New | +$228K |
2017 Q2
0 quarters
|
|
1237
Stride
LRN
$3.15B
| $236K | ﹤0.01% |
13,147
+447
| +4% | +$8.58K |
2016 Q4
2 quarters
|
|
1238
Novanta
NOVT
$5.11B
| $236K | ﹤0.01% |
6,561
-1,032
| -14% | -$32.8K |
2017 Q1
1 quarter
|
|
1239
United Fire Group
UFCS
$1.23B
| $236K | ﹤0.01% |
+5,362
| New | +$233K |
2017 Q2
0 quarters
|
|
|
VRE
1240
DELISTED
Veris Residential
VRE
| $236K | ﹤0.01% |
+8,700
| New | +$239K |
2017 Q2
0 quarters
|
|
1241
Minerals Technologies
MTX
$1.91B
| $234K | ﹤0.01% |
3,199
-4,521
| -59% | -$337K |
2017 Q1
1 quarter
|
|
1242
CorVel
CRVL
$4.19B
| $233K | ﹤0.01% |
+14,715
| New | +$223K |
2017 Q2
0 quarters
|
|
1243
Factset
FDS
$11.6B
| $233K | ﹤0.01% |
+1,400
| New | +$229K |
2017 Q2
0 quarters
|
|
1244
Q2 Holdings
QTWO
$4.57B
| $233K | ﹤0.01% |
6,300
-3,488
| -36% | -$132K |
2016 Q4
2 quarters
|
|
|
APTS
1245
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $233K | ﹤0.01% |
+14,800
| New | +$224K |
2017 Q2
0 quarters
|
|
1246
Agenus
AGEN
$324M
| $232K | ﹤0.01% |
3,017
+1,037
| +52% | +$72.9K |
2016 Q4
2 quarters
|
|
1247
Kadant
KAI
$3.46B
| $232K | ﹤0.01% |
+3,089
| New | +$215K |
2017 Q2
0 quarters
|
|
1248
Hooker Furnishings Corp
HOFT
$155M
| $231K | ﹤0.01% |
+5,613
| New | +$232K |
2017 Q2
0 quarters
|
|
|
LSI
1249
DELISTED
Life Storage, Inc.
LSI
| $231K | ﹤0.01% |
+4,685
| New | +$243K |
2017 Q2
0 quarters
|
|
|
FCB
1250
DELISTED
FCB Financial Holdings, Inc.
FCB
| $231K | ﹤0.01% |
4,839
-3,800
| -44% | -$180K |
2016 Q4
2 quarters
|
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.