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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1326
SLM Corp
SLM
$3.5B
| – | – |
-55,057
| Closed | -$350K | – |
|
1327
Sonoco
SON
$5.1B
| – | – |
-10,483
| Closed | -$509K | – |
|
1328
Simon Property Group
SPG
$73.6B
| – | – |
-25,287
| Closed | -$5.25M | – |
|
1329
DELISTED
SpartanNash
SPTN
| – | – |
-6,841
| Closed | -$207K | – |
|
1330
Sempra
SRE
$54.1B
| – | – |
-36,378
| Closed | -$1.89M | – |
|
1331
Sasol
SSL
$9.7B
| – | – |
-8,600
| Closed | -$254K | – |
|
1332
SS&C Technologies
SSNC
$18.7B
| – | – |
-7,800
| Closed | -$247K | – |
|
1333
Sensata Technologies
ST
$5.91B
| – | – |
-6,700
| Closed | -$260K | – |
|
1334
Stagwell
STGW
$2.8B
| – | – |
-18,700
| Closed | -$441K | – |
|
1335
Starwood Property Trust
STWD
$4.79B
| – | – |
-44,700
| Closed | -$846K | – |
|
1336
Smith & Wesson
SWBI
$639M
| – | – |
-14,674
| Closed | -$300K | – |
|
1337
Synaptics
SYNA
$4.67B
| – | – |
-17,844
| Closed | -$1.42M | – |
|
1338
Telephone and Data Systems
TDS
$4.21B
| – | – |
-13,004
| Closed | -$391K | – |
|
1339
Teledyne Technologies
TDY
$29.3B
| – | – |
-7,117
| Closed | -$627K | – |
|
1340
Teradyne
TER
$39.6B
| – | – |
-50,033
| Closed | -$1.08M | – |
|
1341
DELISTED
TEGNA Inc
TGNA
| – | – |
-109,189
| Closed | -$1.64M | – |
|
1342
Interface
TILE
$2.32B
| – | – |
-15,590
| Closed | -$289K | – |
|
1343
TriNet
TNET
$3.05B
| – | – |
-44,500
| Closed | -$639K | – |
|
1344
Teekay Tankers
TNK
$3.07B
| – | – |
-1,513
| Closed | -$44K | – |
|
1345
Toll Brothers
TOL
$14.6B
| – | – |
-12,090
| Closed | -$357K | – |
|
1346
Trustmark
TRMK
$2.64B
| – | – |
-12,063
| Closed | -$278K | – |
|
1347
T. Rowe Price
TROW
$24.1B
| – | – |
-7,373
| Closed | -$542K | – |
|
1348
DELISTED
TrueCar
TRUE
| – | – |
-14,900
| Closed | -$83K | – |
|
1349
Toro Company
TTC
$10.3B
| – | – |
-17,552
| Closed | -$756K | – |
|
1350
Tetra Tech
TTEK
$10.4B
| – | – |
-37,820
| Closed | -$226K | – |
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.