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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1301
Southern Copper
SCCO
$140B
| $236K | ﹤0.01% |
+6,551
| New | +$232K |
2017 Q3
0 quarters
|
|
1302
Wingstop
WING
$4.3B
| $236K | ﹤0.01% |
7,103
-15,358
| -68% | -$499K |
2017 Q2
1 quarter
|
|
1303
Blackbaud
BLKB
$2.44B
| $235K | ﹤0.01% |
+2,679
| New | +$231K |
2017 Q3
0 quarters
|
|
1304
DNOW Inc
DNOW
$2.51B
| $235K | ﹤0.01% |
17,026
-94,060
| -85% | -$1.28M |
2016 Q4
3 quarters
|
|
1305
LSB Industries
LXU
$823M
| $235K | ﹤0.01% |
38,459
+3,155
| +9% | +$18.9K |
2016 Q2
5 quarters
|
|
1306
NN Inc
NNBR
$285M
| $235K | ﹤0.01% |
+8,100
| New | +$220K |
2017 Q3
0 quarters
|
|
|
MDR
1307
DELISTED
McDermott International
MDR
| $234K | ﹤0.01% |
+10,726
| New | +$215K |
2017 Q3
0 quarters
|
|
1308
KLA
KLAC
$198B
| $233K | ﹤0.01% |
22,000
-1,076,770
| -98% | -$10.3M |
2016 Q1
6 quarters
|
|
1309
O-I Glass
OI
$764M
| $233K | ﹤0.01% |
+9,250
| New | +$224K |
2017 Q3
0 quarters
|
|
1310
Wabash National
WNC
$471M
| $233K | ﹤0.01% |
10,230
-74,917
| -88% | -$1.58M |
2016 Q4
3 quarters
|
|
|
PRAH
1311
DELISTED
PRA Health Sciences, Inc.
PRAH
| $233K | ﹤0.01% |
3,060
-5,629
| -65% | -$425K |
2016 Q1
6 quarters
|
|
1312
LSI Industries
LYTS
$577M
| $232K | ﹤0.01% |
+35,079
| New | +$245K |
2017 Q3
0 quarters
|
|
1313
Preferred Bank
PFBC
$1.23B
| $232K | ﹤0.01% |
+3,839
| New | +$212K |
2017 Q3
0 quarters
|
|
1314
VEON
VEON
$5.45B
| $232K | ﹤0.01% |
+2,223
| New | +$227K |
2017 Q3
0 quarters
|
|
1315
DELISTED
Edgio, Inc. Common Stock
EGIO
| $232K | ﹤0.01% |
1,460
+155
| +12% | +$21.8K |
2016 Q4
3 quarters
|
|
|
KBAL
1316
DELISTED
Kimball International
KBAL
| $232K | ﹤0.01% |
+11,741
| New | +$200K |
2017 Q3
0 quarters
|
|
1317
Star Bulk Carriers
SBLK
$3.25B
| $230K | ﹤0.01% |
+23,700
| New | +$247K |
2017 Q3
0 quarters
|
|
|
LM
1318
DELISTED
Legg Mason, Inc.
LM
| $230K | ﹤0.01% |
5,858
-57,617
| -91% | -$2.21M |
2016 Q2
5 quarters
|
|
|
BBOX
1319
DELISTED
Black Box Corp
BBOX
| $230K | ﹤0.01% |
70,854
+32,591
| +85% | +$175K |
2017 Q1
2 quarters
|
|
1320
National Bank Holdings
NBHC
$1.65B
| $229K | ﹤0.01% |
6,426
+295
| +5% | +$9.8K |
2017 Q2
1 quarter
|
|
1321
SEACOR Marine Holdings
SMHI
$227M
| $229K | ﹤0.01% |
+14,614
| New | +$213K |
2017 Q3
0 quarters
|
|
|
BAS
1322
DELISTED
Basis Energy Services, Inc.
BAS
| $229K | ﹤0.01% |
+11,876
| New | +$235K |
2017 Q3
0 quarters
|
|
1323
Adeia
ADEA
$1.79B
| $228K | ﹤0.01% |
34,054
-50,501
| -60% | -$372K |
2017 Q2
1 quarter
|
|
1324
Central Pacific Financial
CPF
$988M
| $228K | ﹤0.01% |
7,092
-2,296
| -24% | -$69.4K |
2017 Q2
1 quarter
|
|
|
AUTO
1325
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $228K | ﹤0.01% |
+33,039
| New | +$306K |
2017 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.