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 | |
|---|---|---|---|---|---|---|---|
1326
Chesapeake Utilities
CPK
$3.54B
| $230K | 0.01% |
+3,435
| New | +$219K |
2016 Q4
0 quarters
|
|
1327
Globant
GLOB
$1.98B
| $230K | 0.01% |
+6,900
| New | +$270K |
2016 Q4
0 quarters
|
|
1328
Magnite
MGNI
$4.21B
| $230K | 0.01% |
30,936
+20,436
| +195% | +$159K |
2016 Q3
1 quarter
|
|
1329
Matrix Service
MTRX
$260M
| $230K | 0.01% |
+10,147
| New | +$202K |
2016 Q4
0 quarters
|
|
1330
Stock Yards Bancorp
SYBT
$2.46B
| $230K | 0.01% |
+4,889
| New | +$192K |
2016 Q4
0 quarters
|
|
1331
WesBanco
WSBC
$3.69B
| $230K | 0.01% |
+5,344
| New | +$200K |
2016 Q4
0 quarters
|
|
|
NXGN
1332
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $230K | 0.01% |
+17,455
| New | +$224K |
2016 Q4
0 quarters
|
|
|
ISIL
1333
DELISTED
Intersil Corp
ISIL
| $230K | 0.01% |
+10,312
| New | +$228K |
2016 Q4
0 quarters
|
|
1334
Frontline
FRO
$10.4B
| $229K | 0.01% |
32,200
+20,400
| +173% | +$151K |
2016 Q2
2 quarters
|
|
1335
KRONOS Worldwide
KRO
$968M
| $229K | 0.01% |
+19,200
| New | +$195K |
2016 Q4
0 quarters
|
|
1336
Astec Industries
ASTE
$890M
| $228K | 0.01% |
+3,379
| New | +$211K |
2016 Q4
0 quarters
|
|
1337
Ericsson
ERIC
$34.4B
| $228K | 0.01% |
+39,023
| New | +$215K |
2016 Q4
0 quarters
|
|
1338
DELISTED
First Foundation Inc
FFWM
| $228K | 0.01% |
+15,986
| New | +$213K |
2016 Q4
0 quarters
|
|
1339
Lennox International
LII
$11.9B
| $228K | 0.01% |
+1,490
| New | +$228K |
2016 Q4
0 quarters
|
|
1340
Take-Two Interactive
TTWO
$42.5B
| $228K | 0.01% |
+4,618
| New | +$218K |
2016 Q4
0 quarters
|
|
|
SBNY
1341
DELISTED
Signature Bank
SBNY
| $228K | 0.01% |
1,516
-5,348
| -78% | -$729K |
2015 Q4
4 quarters
|
|
1342
Curis
CRIS
$1.39M
| $227K | 0.01% |
+37
| New | +$222K |
2016 Q4
0 quarters
|
|
1343
Guidewire Software
GWRE
$13.2B
| $227K | 0.01% |
+4,600
| New | +$258K |
2016 Q4
0 quarters
|
|
1344
Healthcare Realty
HR
$6.49B
| $227K | 0.01% |
+7,800
| New | +$229K |
2016 Q4
0 quarters
|
|
1345
Medpace
MEDP
$18.4B
| $227K | 0.01% |
+6,300
| New | +$210K |
2016 Q4
0 quarters
|
|
|
AFAM
1346
DELISTED
Almost Family Inc
AFAM
| $227K | 0.01% |
+5,155
| New | +$210K |
2016 Q4
0 quarters
|
|
1347
Movado Group
MOV
$713M
| $226K | 0.01% |
+7,849
| New | +$202K |
2016 Q4
0 quarters
|
|
1348
Alarm.com
ALRM
$3.26B
| $225K | 0.01% |
+8,077
| New | +$234K |
2016 Q4
0 quarters
|
|
1349
Columbus McKinnon
CMCO
$612M
| $225K | 0.01% |
+8,303
| New | +$187K |
2016 Q4
0 quarters
|
|
1350
Univest Financial
UVSP
$1.11B
| $225K | 0.01% |
+7,297
| New | +$195K |
2016 Q4
0 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.