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 | |
|---|---|---|---|---|---|---|---|
1326
Sterling Infrastructure
STRL
$7.71B
| $179K | ﹤0.01% |
+13,700
| New | +$140K |
2017 Q2
0 quarters
|
|
1327
DELISTED
Sanchez Energy Corporation
SN
| $179K | ﹤0.01% |
24,895
-39,700
| -61% | -$295K |
2016 Q4
2 quarters
|
|
1328
American Vanguard Corp
AVD
$28.4M
| $177K | ﹤0.01% |
+10,239
| New | +$176K |
2017 Q2
0 quarters
|
|
1329
DELISTED
Playa Hotels & Resorts
PLYA
| $177K | ﹤0.01% |
+14,800
| New | +$156K |
2017 Q2
0 quarters
|
|
1330
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $177K | ﹤0.01% |
+14,409
| New | +$188K |
2017 Q2
0 quarters
|
|
1331
DELISTED
Bazaarvoice, Inc.
BV
| $176K | ﹤0.01% |
35,541
+10,829
| +44% | +$50K |
2016 Q3
3 quarters
|
|
1332
GeoPark
GPRK
$1.01B
| $175K | ﹤0.01% |
23,293
+4,619
| +25% | +$35.5K |
2017 Q1
1 quarter
|
|
1333
IDT Corp
IDT
$2.04B
| $175K | ﹤0.01% |
14,420
-710
| -5% | -$9.2K |
2016 Q4
2 quarters
|
|
1334
DELISTED
MODEL N, INC.
MODN
| $175K | ﹤0.01% |
+13,134
| New | +$157K |
2017 Q2
0 quarters
|
|
|
VSI
1335
DELISTED
Vitamin Shoppe Inc.
VSI
| $175K | ﹤0.01% |
+15,024
| New | +$221K |
2017 Q2
0 quarters
|
|
1336
SiriusPoint
SPNT
$3.03B
| $174K | ﹤0.01% |
12,500
-2,700
| -18% | -$34.3K |
2016 Q4
2 quarters
|
|
|
FRAN
1337
DELISTED
Francesca's Holdings Corporation
FRAN
| $172K | ﹤0.01% |
1,307
-7,374
| -85% | -$1.2M |
2016 Q1
5 quarters
|
|
1338
DELISTED
Everi Holdings
EVRI
| $170K | ﹤0.01% |
23,400
-15,300
| -40% | -$99.1K |
2016 Q4
2 quarters
|
|
1339
Safe Bulkers
SB
$809M
| $170K | ﹤0.01% |
74,100
+1,100
| +2% | +$2.42K |
2016 Q4
2 quarters
|
|
1340
Forum Energy Technologies
FET
$800M
| $169K | ﹤0.01% |
+543
| New | +$187K |
2017 Q2
0 quarters
|
|
1341
DELISTED
Potbelly
PBPB
| $169K | ﹤0.01% |
+14,722
| New | +$180K |
2017 Q2
0 quarters
|
|
1342
Compañía de Minas Buenaventura
BVN
$7.11B
| $168K | ﹤0.01% |
14,607
-80,083
| -85% | -$965K |
2016 Q4
2 quarters
|
|
1343
DELISTED
Catalyst Pharmaceutical
CPRX
| $167K | ﹤0.01% |
+60,500
| New | +$126K |
2017 Q2
0 quarters
|
|
1344
Onity Group
ONIT
$259M
| $165K | ﹤0.01% |
4,098
+1,428
| +53% | +$67.8K |
2016 Q4
2 quarters
|
|
1345
Mueller Water Products
MWA
$3.74B
| $164K | ﹤0.01% |
14,031
-10,369
| -42% | -$119K |
2016 Q2
4 quarters
|
|
1346
Vipshop
VIPS
$6.59B
| $164K | ﹤0.01% |
15,552
-268
| -2% | -$3.5K |
2016 Q4
2 quarters
|
|
|
ISEE
1347
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $164K | ﹤0.01% |
64,108
-9,760
| -13% | -$26.6K |
2016 Q4
2 quarters
|
|
1348
Everpure Inc
P
$32.2B
| $163K | ﹤0.01% |
12,700
+1,919
| +18% | +$22.3K |
2016 Q4
2 quarters
|
|
1349
Quantum Corp
QMCO
$570M
| $162K | ﹤0.01% |
1,039
+525
| +102% | +$81.5K |
2016 Q4
2 quarters
|
|
1350
Endeavour Silver
EXK
$2.32B
| $161K | ﹤0.01% |
52,682
+21,651
| +70% | +$66.9K |
2016 Q4
2 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.