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 | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1226
Mitek Systems
MITK
$819M
| $272K | 0.01% |
+28,600
| New | +$279K |
2017 Q3
0 quarters
|
|
|
NETI
1227
DELISTED
Eneti Inc.
NETI
| $271K | 0.01% |
+4,143
| New | +$287K |
2017 Q3
0 quarters
|
|
1228
DELISTED
TrueCar
TRUE
| $270K | 0.01% |
17,100
-26,760
| -61% | -$478K |
2016 Q3
4 quarters
|
|
1229
Manhattan Associates
MANH
$14.9B
| $269K | 0.01% |
+6,466
| New | +$283K |
2017 Q3
0 quarters
|
|
1230
Philips
PHG
$29.7B
| $269K | 0.01% |
+8,608
| New | +$251K |
2017 Q3
0 quarters
|
|
1231
Pool Corp
POOL
$7.72B
| $269K | 0.01% |
+2,489
| New | +$269K |
2017 Q3
0 quarters
|
|
1232
Rayonier Advanced Materials
RYAM
$382M
| $269K | 0.01% |
19,614
-34,871
| -64% | -$497K |
2017 Q2
1 quarter
|
|
1233
CONMED
CNMD
$1.51B
| $268K | 0.01% |
+5,101
| New | +$256K |
2017 Q3
0 quarters
|
|
|
OPB
1234
DELISTED
Opus Bank Common Stock
OPB
| $267K | 0.01% |
+11,131
| New | +$258K |
2017 Q3
0 quarters
|
|
1235
Medical Properties Trust
MPT
$983M
| $265K | 0.01% |
20,216
-365,950
| -95% | -$4.71M |
2017 Q2
1 quarter
|
|
|
IXYS
1236
DELISTED
IXYS Corp
IXYS
| $265K | 0.01% |
+11,193
| New | +$212K |
2017 Q3
0 quarters
|
|
1237
Medifast
MED
$145M
| $264K | 0.01% |
+4,440
| New | +$221K |
2017 Q3
0 quarters
|
|
1238
STMicroelectronics
STM
$41.8B
| $264K | 0.01% |
13,585
-58,429
| -81% | -$1.01M |
2017 Q1
2 quarters
|
|
1239
CNA Financial
CNA
$13.1B
| $263K | 0.01% |
5,240
-5,989
| -53% | -$299K |
2017 Q2
1 quarter
|
|
1240
SunCoke Energy
SXC
$895M
| $263K | 0.01% |
28,829
-6,109
| -17% | -$57.4K |
2015 Q4
7 quarters
|
|
|
ATH
1241
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $263K | 0.01% |
4,879
-33,915
| -87% | -$1.75M |
2017 Q2
1 quarter
|
|
|
NAVG
1242
DELISTED
Navigators Group Inc
NAVG
| $263K | 0.01% |
+4,513
| New | +$252K |
2017 Q3
0 quarters
|
|
1243
Check Point Software Technologies
CHKP
$15B
| $262K | 0.01% |
2,300
-2,469
| -52% | -$271K |
2017 Q2
1 quarter
|
|
1244
H2O America
HTO
$3.32B
| $261K | 0.01% |
+4,608
| New | +$248K |
2017 Q3
0 quarters
|
|
1245
E.W. Scripps
SSP
$336M
| $261K | 0.01% |
13,644
-146
| -1% | -$2.68K |
2017 Q1
2 quarters
|
|
1246
DELISTED
SunPower Corporation Common Stock
SPWR
| $261K | 0.01% |
54,685
+20,776
| +61% | +$126K |
2016 Q4
3 quarters
|
|
|
ZVO
1247
DELISTED
Zovio Inc. Common Stock
ZVO
| $261K | 0.01% |
+27,225
| New | +$283K |
2017 Q3
0 quarters
|
|
1248
Service Corp International
SCI
$10.2B
| $260K | 0.01% |
+7,535
| New | +$261K |
2017 Q3
0 quarters
|
|
1249
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $260K | 0.01% |
+16,505
| New | +$242K |
2017 Q3
0 quarters
|
|
1250
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $260K | 0.01% |
5,946
-1,386
| -19% | -$60.5K |
2017 Q1
2 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.