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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1276
Synaptics
SYNA
$4.69B
| $247K | 0.01% |
4,619
-13,649
| -75% | -$789K |
2016 Q3
1 quarter
|
|
1277
Clearway Energy Class C
CWEN
$4.04B
| $246K | 0.01% |
+15,548
| New | +$243K |
2016 Q4
0 quarters
|
|
1278
Employers Holdings
EIG
$831M
| $246K | 0.01% |
+6,215
| New | +$210K |
2016 Q4
0 quarters
|
|
1279
Innovex International
INVX
$1.76B
| $246K | 0.01% |
4,091
-4,074
| -50% | -$227K |
2016 Q2
2 quarters
|
|
|
AAWW
1280
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $246K | 0.01% |
+4,714
| New | +$223K |
2016 Q4
0 quarters
|
|
1281
Xencor
XNCR
$2.86B
| $245K | 0.01% |
+9,300
| New | +$224K |
2016 Q4
0 quarters
|
|
|
DPLO
1282
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $245K | 0.01% |
19,454
+6,320
| +48% | +$118K |
2016 Q3
1 quarter
|
|
|
BNCL
1283
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $245K | 0.01% |
+13,315
| New | +$218K |
2016 Q4
0 quarters
|
|
1284
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $244K | 0.01% |
+18,097
| New | +$244K |
2016 Q4
0 quarters
|
|
1285
DELISTED
Dun & Bradstreet
DNB
| $244K | 0.01% |
2,014
-7,157
| -78% | -$881K |
2016 Q1
3 quarters
|
|
1286
Sasol
SSL
$9.19B
| $243K | 0.01% |
+8,501
| New | +$234K |
2016 Q4
0 quarters
|
|
1287
DELISTED
Cubic Corporation
CUB
| $243K | 0.01% |
+5,058
| New | +$232K |
2016 Q4
0 quarters
|
|
1288
DELISTED
Chart Industries
GTLS
| $242K | 0.01% |
+6,716
| New | +$229K |
2016 Q4
0 quarters
|
|
1289
International Seaways
INSW
$5.35B
| $242K | 0.01% |
+17,231
| New | +$231K |
2016 Q4
0 quarters
|
|
1290
Mativ Holdings
MATV
$663M
| $242K | 0.01% |
+5,317
| New | +$216K |
2016 Q4
0 quarters
|
|
1291
Sempreon, Inc. Common Stock
CASK
$364M
| $241K | 0.01% |
+4,830
| New | +$214K |
2016 Q4
0 quarters
|
|
|
UNVR
1292
DELISTED
Univar Solutions Inc.
UNVR
| $241K | 0.01% |
8,500
-13,435
| -61% | -$324K |
2016 Q3
1 quarter
|
|
|
APTS
1293
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $241K | 0.01% |
+16,167
| New | +$216K |
2016 Q4
0 quarters
|
|
1294
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $241K | 0.01% |
+15,846
| New | +$219K |
2016 Q4
0 quarters
|
|
1295
Aqua Metals
AQMS
$4.88M
| $240K | 0.01% |
+91
| New | +$199K |
2016 Q4
0 quarters
|
|
1296
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $240K | 0.01% |
+2,591
| New | +$292K |
2016 Q4
0 quarters
|
|
|
UBA
1297
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $240K | 0.01% |
+9,943
| New | +$221K |
2016 Q4
0 quarters
|
|
1298
Ceco Environmental
CECO
$3.28B
| $239K | 0.01% |
+17,112
| New | +$209K |
2016 Q4
0 quarters
|
|
1299
DXP Enterprises
DXPE
$2.38B
| $239K | 0.01% |
+6,893
| New | +$204K |
2016 Q4
0 quarters
|
|
1300
Ultragenyx Pharmaceutical
RARE
$1.66B
| $239K | 0.01% |
3,393
-14,307
| -81% | -$1.02M |
2015 Q4
4 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.