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 | |
|---|---|---|---|---|---|---|---|
|
TRCO
1276
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $219K | ﹤0.01% |
5,371
-7,656
| -59% | -$300K |
2017 Q1
1 quarter
|
|
|
CBZ
1277
DELISTED
CBIZ
CBZ
| $215K | ﹤0.01% |
+14,309
| New | +$214K |
2017 Q2
0 quarters
|
|
1278
Dana Inc
DAN
$2.17B
| $215K | ﹤0.01% |
9,614
-65,877
| -87% | -$1.34M |
2017 Q1
1 quarter
|
|
1279
Restaurant Brands International
QSR
$27.1B
| $215K | ﹤0.01% |
+3,444
| New | +$203K |
2017 Q2
0 quarters
|
|
1280
Chegg
CHGG
$67.8M
| $214K | ﹤0.01% |
+17,453
| New | +$190K |
2017 Q2
0 quarters
|
|
1281
OSI Systems
OSIS
$3.09B
| $213K | ﹤0.01% |
+2,840
| New | +$215K |
2017 Q2
0 quarters
|
|
1282
YPF Sociedad Anonima ADS
YPF
$15.2B
| $213K | ﹤0.01% |
+9,719
| New | +$235K |
2017 Q2
0 quarters
|
|
1283
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $213K | ﹤0.01% |
9,321
-5,464
| -37% | -$129K |
2016 Q4
2 quarters
|
|
|
NEFF
1284
DELISTED
Neff Corporation
NEFF
| $212K | ﹤0.01% |
+11,175
| New | +$203K |
2017 Q2
0 quarters
|
|
|
FOE
1285
DELISTED
Ferro Corporation
FOE
| $210K | ﹤0.01% |
11,458
+515
| +5% | +$8.82K |
2017 Q1
1 quarter
|
|
1286
Customers Bancorp
CUBI
$2.86B
| $209K | ﹤0.01% |
7,391
+194
| +3% | +$5.73K |
2016 Q4
2 quarters
|
|
1287
DELISTED
FGL Holdings Ordinary Shares
FG
| $209K | ﹤0.01% |
+18,622
| New | +$198K |
2017 Q2
0 quarters
|
|
|
BRSS
1288
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $209K | ﹤0.01% |
6,837
-1,798
| -21% | -$57.7K |
2016 Q4
2 quarters
|
|
1289
Mercado Libre
MELI
$76.6B
| $208K | ﹤0.01% |
+831
| New | +$214K |
2017 Q2
0 quarters
|
|
|
MCRN
1290
DELISTED
Milacron Holdings Corp.
MCRN
| $208K | ﹤0.01% |
+11,800
| New | +$211K |
2017 Q2
0 quarters
|
|
1291
WaFd
WAFD
$2.18B
| $207K | ﹤0.01% |
+6,220
| New | +$206K |
2017 Q2
0 quarters
|
|
1292
DELISTED
SunPower Corporation Common Stock
SPWR
| $207K | ﹤0.01% |
33,909
-384,747
| -92% | -$1.89M |
2016 Q4
2 quarters
|
|
|
PHH
1293
DELISTED
PHH Corporation
PHH
| $207K | ﹤0.01% |
15,000
-18,985
| -56% | -$254K |
2016 Q4
2 quarters
|
|
1294
Forward Air
FWRD
$562M
| $206K | ﹤0.01% |
+3,866
| New | +$198K |
2017 Q2
0 quarters
|
|
1295
Pathward Financial
CASH
$1.58B
| $205K | ﹤0.01% |
6,900
-1,701
| -20% | -$49.4K |
2016 Q4
2 quarters
|
|
|
RRD
1296
DELISTED
RR Donnelley & Sons Co.
RRD
| $205K | ﹤0.01% |
+16,361
| New | +$201K |
2017 Q2
0 quarters
|
|
1297
Argan
AGX
$3.89B
| $204K | ﹤0.01% |
+3,400
| New | +$220K |
2017 Q2
0 quarters
|
|
1298
Neurocrine Biosciences
NBIX
$16.7B
| $204K | ﹤0.01% |
+4,438
| New | +$215K |
2017 Q2
0 quarters
|
|
1299
Wolfspeed
WOLF
$1.27B
| $204K | ﹤0.01% |
8,275
-720
| -8% | -$17.2K |
2017 Q1
1 quarter
|
|
1300
DELISTED
Perficient Inc
PRFT
| $204K | ﹤0.01% |
+10,970
| New | +$190K |
2017 Q2
0 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.