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 | |
|---|---|---|---|---|---|---|---|
1251
Pediatrix Medical
MD
$2.39B
| – | – |
-9,326
| Closed | -$603K | – |
|
1252
MiMedx Group
MDXG
$474M
| – | – |
-31,600
| Closed | -$276K | – |
|
1253
Mercado Libre
MELI
$84.3B
| – | – |
-3,000
| Closed | -$354K | – |
|
1254
MFA Financial
MFA
$671M
| – | – |
-8,000
| Closed | -$219K | – |
|
1255
Martin Marietta Materials
MLM
$38.6B
| – | – |
-4,689
| Closed | -$748K | – |
|
1256
Marsh
MRSH
$96.8B
| – | – |
-8,716
| Closed | -$530K | – |
|
1257
Maximus
MMS
$3.43B
| – | – |
-14,596
| Closed | -$768K | – |
|
1258
Monster Beverage
MNST
$92.4B
| – | – |
-51,780
| Closed | -$576K | – |
|
1259
The Mosaic Company
MOS
$5.86B
| – | – |
-48,851
| Closed | -$1.32M | – |
|
1260
Merck
MRK
$357B
| – | – |
-79,106
| Closed | -$3.99M | – |
|
1261
Morgan Stanley
MS
$291B
| – | – |
-149,985
| Closed | -$3.75M | – |
|
|
MSGK
1262
MSG Knickerbockers Corp.
MSGK
$7.58B
| – | – |
-1,963
| Closed | -$233K | – |
|
1263
Minerals Technologies
MTX
$1.97B
| – | – |
-6,553
| Closed | -$373K | – |
|
1264
Micron Technology
MU
$967B
| – | – |
-310,495
| Closed | -$3.25M | – |
|
1265
Nordson
NDSN
$18.4B
| – | – |
-17,371
| Closed | -$1.32M | – |
|
1266
NextEra Energy
NEE
$177B
| – | – |
-64,512
| Closed | -$1.91M | – |
|
1267
Neogen
NEOG
$2.64B
| – | – |
-15,923
| Closed | -$301K | – |
|
1268
National Health Investors
NHI
$3.38B
| – | – |
-14,000
| Closed | -$932K | – |
|
1269
NiSource
NI
$21.4B
| – | – |
-8,824
| Closed | -$208K | – |
|
1270
Annaly Capital Management
NLY
$14.4B
| – | – |
-12,725
| Closed | -$522K | – |
|
1271
ServiceNow
NOW
$113B
| – | – |
-26,000
| Closed | -$318K | – |
|
1272
DELISTED
National Storage Affiliates Trust
NSA
| – | – |
-11,200
| Closed | -$237K | – |
|
1273
NETSCOUT
NTCT
$2.76B
| – | – |
-22,910
| Closed | -$526K | – |
|
1274
Novavax
NVAX
$1.6B
| – | – |
-4,960
| Closed | -$512K | – |
|
1275
NVIDIA
NVDA
$4.99T
| – | – |
-4,088,360
| Closed | -$3.64M | – |
|
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.