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 | |
|---|---|---|---|---|---|---|---|
1276
Newell Brands
NWL
$2.4B
| – | – |
-35,306
| Closed | -$1.56M | – |
|
1277
Adamas Trust
ADAM
$517M
| – | – |
-4,450
| Closed | -$84K | – |
|
1278
OFG Bancorp
OFG
$2.15B
| – | – |
-73,700
| Closed | -$515K | – |
|
1279
OGE Energy
OGE
$10.2B
| – | – |
-10,847
| Closed | -$311K | – |
|
1280
ONE Gas
OGS
$5.09B
| – | – |
-3,389
| Closed | -$207K | – |
|
1281
Accendra Health
ACH
$21.7M
| – | – |
-11,000
| Closed | -$445K | – |
|
1282
Old Republic International
ORI
$9.3B
| – | – |
-66,089
| Closed | -$1.21M | – |
|
1283
OraSure Technologies
OSUR
$243M
| – | – |
-10,500
| Closed | -$76K | – |
|
1284
Bank OZK
OZK
$5.54B
| – | – |
-12,566
| Closed | -$527K | – |
|
1285
Pan American Silver
PAAS
$15.9B
| – | – |
-51,400
| Closed | -$559K | – |
|
1286
Phibro Animal Health
PAHC
$1.53B
| – | – |
-8,510
| Closed | -$230K | – |
|
1287
Palo Alto Networks
PANW
$287B
| – | – |
-25,800
| Closed | -$702K | – |
|
1288
DELISTED
Paramount Global Class B
PARA
| – | – |
-17,600
| Closed | -$969K | – |
|
1289
Paychex
PAYX
$41.2B
| – | – |
-36,992
| Closed | -$2M | – |
|
1290
PACCAR
PCAR
$53.7B
| – | – |
-7,691
| Closed | -$280K | – |
|
1291
DELISTED
PotlatchDeltic
PCH
| – | – |
-6,505
| Closed | -$205K | – |
|
1292
Pebblebrook Hotel Trust
PEB
$2.45B
| – | – |
-8,900
| Closed | -$259K | – |
|
|
PGRE
1293
DELISTED
Paramount Group
PGRE
| – | – |
-10,200
| Closed | -$163K | – |
|
1294
Pultegroup
PHM
$24.2B
| – | – |
-108,271
| Closed | -$2.03M | – |
|
1295
DELISTED
Premier
PINC
| – | – |
-15,300
| Closed | -$510K | – |
|
1296
Pinnacle West Capital
PNW
$13.1B
| – | – |
-10,216
| Closed | -$767K | – |
|
1297
Portland General Electric
POR
$5.37B
| – | – |
-6,500
| Closed | -$257K | – |
|
1298
PRA Group
PRAA
$748M
| – | – |
-8,095
| Closed | -$238K | – |
|
1299
Prudential Financial
PRU
$41B
| – | – |
-11,738
| Closed | -$848K | – |
|
1300
Everpure Inc
P
$39.2B
| – | – |
-49,800
| Closed | -$682K | – |
|
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.