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 | |
|---|---|---|---|---|---|---|---|
1301
National Bank Holdings
NBHC
$1.63B
| $203K | ﹤0.01% |
+6,131
| New | +$195K |
2017 Q2
0 quarters
|
|
|
EPZM
1302
DELISTED
Epizyme, Inc
EPZM
| $203K | ﹤0.01% |
+13,423
| New | +$203K |
2017 Q2
0 quarters
|
|
1303
Axogen
AXGN
$2.99B
| $202K | ﹤0.01% |
+12,068
| New | +$163K |
2017 Q2
0 quarters
|
|
1304
Sunstone Hotel Investors
SHO
$2.33B
| $202K | ﹤0.01% |
+12,509
| New | +$197K |
2017 Q2
0 quarters
|
|
|
LMNX
1305
DELISTED
Luminex Corp
LMNX
| $202K | ﹤0.01% |
+9,552
| New | +$191K |
2017 Q2
0 quarters
|
|
1306
Carvana
CVNA
$81.2B
| $201K | ﹤0.01% |
+49,200
| New | +$135K |
2017 Q2
0 quarters
|
|
|
TPCO
1307
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $200K | ﹤0.01% |
+15,522
| New | +$201K |
2017 Q2
0 quarters
|
|
1308
Kearny Financial
KRNY
$570M
| $199K | ﹤0.01% |
+13,373
| New | +$195K |
2017 Q2
0 quarters
|
|
1309
DELISTED
Staples Inc
SPLS
| $198K | ﹤0.01% |
19,700
+8,836
| +81% | +$82.6K |
2016 Q1
5 quarters
|
|
|
RARX
1310
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $197K | ﹤0.01% |
+10,500
| New | +$237K |
2017 Q2
0 quarters
|
|
|
CIE
1311
DELISTED
Cobalt International Energy, Inc
CIE
| $197K | ﹤0.01% |
+79,891
| New | +$376K |
2017 Q2
0 quarters
|
|
1312
Pearson
PSO
$10.4B
| $196K | ﹤0.01% |
21,906
-33,493
| -60% | -$291K |
2017 Q1
1 quarter
|
|
1313
BioCryst Pharmaceuticals
BCRX
$1.98B
| $195K | ﹤0.01% |
34,999
+18,199
| +108% | +$111K |
2016 Q4
2 quarters
|
|
|
SA
1314
Seabridge Gold
SA
$2.84B
| $194K | ﹤0.01% |
+17,982
| New | +$191K |
2017 Q2
0 quarters
|
|
|
JCP
1315
DELISTED
J.C. Penney Company, Inc.
JCP
| $194K | ﹤0.01% |
+41,825
| New | +$214K |
2017 Q2
0 quarters
|
|
|
PSTB
1316
DELISTED
Park Sterling Corp.
PSTB
| $193K | ﹤0.01% |
+16,280
| New | +$194K |
2017 Q2
0 quarters
|
|
1317
Myers Industries
MYE
$1.01B
| $191K | ﹤0.01% |
+10,630
| New | +$182K |
2017 Q2
0 quarters
|
|
|
CHS
1318
DELISTED
Chicos FAS, Inc.
CHS
| $190K | ﹤0.01% |
20,124
-136,568
| -87% | -$1.58M |
2016 Q3
3 quarters
|
|
|
DNR
1319
DELISTED
Denbury Resources, Inc.
DNR
| $189K | ﹤0.01% |
123,783
-226,192
| -65% | -$423K |
2015 Q2
8 quarters
|
|
1320
Commercial Vehicle Group
CVGI
$128M
| $185K | ﹤0.01% |
21,900
+3,400
| +18% | +$27.7K |
2016 Q4
2 quarters
|
|
|
QHC
1321
DELISTED
Quorum Health Corporation
QHC
| $184K | ﹤0.01% |
+44,341
| New | +$182K |
2017 Q2
0 quarters
|
|
|
SPHS
1322
DELISTED
Sophiris Bio, Inc.
SPHS
| $183K | ﹤0.01% |
83,100
-5,500
| -6% | -$13.5K |
2016 Q4
2 quarters
|
|
1323
Happen Inc
HAPN
$1.84B
| $182K | ﹤0.01% |
+6,588
| New | +$187K |
2017 Q2
0 quarters
|
|
|
MOBL
1324
DELISTED
MobileIron, Inc.
MOBL
| $182K | ﹤0.01% |
30,000
-12,198
| -29% | -$63.8K |
2016 Q3
3 quarters
|
|
|
RIC
1325
DELISTED
Richmont Mines Inc.
RIC
| $180K | ﹤0.01% |
+23,094
| New | +$172K |
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.