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 | |
|---|---|---|---|---|---|---|---|
|
ARAV
1301
DELISTED
Aravive, Inc. Common Stock
ARAV
| $239K | 0.01% |
+2,672
| New | +$202K |
2016 Q4
0 quarters
|
|
1302
DELISTED
Anywhere Real Estate
HOUS
| $238K | 0.01% |
9,238
-690
| -7% | -$17.1K |
2015 Q4
4 quarters
|
|
|
AVID
1303
DELISTED
Avid Technology Inc
AVID
| $238K | 0.01% |
+54,128
| New | +$301K |
2016 Q4
0 quarters
|
|
|
DFRG
1304
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $238K | 0.01% |
+13,991
| New | +$220K |
2016 Q4
0 quarters
|
|
1305
DELISTED
Adeptus Health Inc
ADPT
| $238K | 0.01% |
31,115
+23,919
| +332% | +$440K |
2015 Q3
5 quarters
|
|
1306
DELISTED
Liberty Broadband Class C
LBRDK
| $237K | 0.01% |
+3,200
| New | +$225K |
2016 Q4
0 quarters
|
|
1307
Q2 Holdings
QTWO
$4.51B
| $237K | 0.01% |
+8,200
| New | +$242K |
2016 Q4
0 quarters
|
|
|
NUVA
1308
DELISTED
NuVasive, Inc.
NUVA
| $236K | 0.01% |
3,510
-4,215
| -55% | -$272K |
2016 Q3
1 quarter
|
|
|
TSC
1309
DELISTED
TriState Capital Holdings, Inc.
TSC
| $236K | 0.01% |
+10,689
| New | +$202K |
2016 Q4
0 quarters
|
|
1310
DELISTED
Iconix Brand Group, Inc.
ICON
| $236K | 0.01% |
+2,530
| New | +$220K |
2016 Q4
0 quarters
|
|
|
SBY
1311
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $236K | 0.01% |
+13,796
| New | +$237K |
2016 Q4
0 quarters
|
|
|
PDLI
1312
DELISTED
PDL BioPharma, Inc.
PDLI
| $236K | 0.01% |
111,390
+90,590
| +436% | +$253K |
2016 Q3
1 quarter
|
|
1313
Callaway Golf Company
CALY
$2.96B
| $235K | 0.01% |
21,415
-2,790
| -12% | -$31.6K |
2016 Q3
1 quarter
|
|
1314
DELISTED
Pacific Premier Bancorp
PPBI
| $235K | 0.01% |
+6,642
| New | +$200K |
2016 Q4
0 quarters
|
|
1315
Travere Therapeutics
TVTX
$4.95B
| $235K | 0.01% |
+12,428
| New | +$254K |
2016 Q4
0 quarters
|
|
|
IBKC
1316
DELISTED
IBERIABANK Corp
IBKC
| $235K | 0.01% |
+2,800
| New | +$214K |
2016 Q4
0 quarters
|
|
|
MDR
1317
DELISTED
McDermott International
MDR
| $235K | 0.01% |
10,599
-1,334
| -11% | -$24.9K |
2016 Q3
1 quarter
|
|
1318
DELISTED
Emcore Corp
EMKR
| $234K | 0.01% |
2,691
+1,641
| +156% | +$113K |
2016 Q3
1 quarter
|
|
1319
AngioDynamics
ANGO
$504M
| $233K | 0.01% |
+13,841
| New | +$231K |
2016 Q4
0 quarters
|
|
1320
Ribbon Communications
RBBN
$260M
| $233K | 0.01% |
+37,010
| New | +$243K |
2016 Q4
0 quarters
|
|
1321
WEX
WEX
$5.9B
| $233K | 0.01% |
+2,090
| New | +$226K |
2016 Q4
0 quarters
|
|
|
PMF
1322
DELISTED
PIMCO Municipal Income Fund
PMF
| $232K | 0.01% |
+16,141
| New | +$245K |
2016 Q4
0 quarters
|
|
|
TOWR
1323
DELISTED
Tower International, Inc.
TOWR
| $232K | 0.01% |
+8,179
| New | +$206K |
2016 Q4
0 quarters
|
|
|
MCF
1324
DELISTED
Contango Oil & Gas Co.
MCF
| $232K | 0.01% |
+24,881
| New | +$236K |
2016 Q4
0 quarters
|
|
1325
AMN Healthcare
AMN
$1.44B
| $231K | 0.01% |
6,016
-8,685
| -59% | -$297K |
2016 Q1
3 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.