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 | |
|---|---|---|---|---|---|---|---|
|
UPL
1326
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $228K | ﹤0.01% |
+26,300
| New | +$240K |
2017 Q3
0 quarters
|
|
1327
Kulicke & Soffa
KLIC
$3.61B
| $226K | ﹤0.01% |
10,475
-52,927
| -83% | -$1.06M |
2015 Q4
7 quarters
|
|
1328
Rocket Pharmaceuticals
RCKT
$252M
| $226K | ﹤0.01% |
31,741
+28,022
| +753% | +$128K |
2017 Q2
1 quarter
|
|
1329
Stoneridge
SRI
$145M
| $226K | ﹤0.01% |
+11,400
| New | +$189K |
2017 Q3
0 quarters
|
|
|
RIC
1330
DELISTED
Richmont Mines Inc.
RIC
| $226K | ﹤0.01% |
24,206
+1,112
| +5% | +$9.46K |
2017 Q2
1 quarter
|
|
1331
Banco de Chile
BCH
$19.8B
| $225K | ﹤0.01% |
+7,579
| New | +$213K |
2017 Q3
0 quarters
|
|
1332
DELISTED
Everi Holdings
EVRI
| $225K | ﹤0.01% |
29,700
+6,300
| +27% | +$47.4K |
2016 Q4
3 quarters
|
|
1333
Alpha and Omega Semiconductor
AOSL
$825M
| $224K | ﹤0.01% |
+13,600
| New | +$223K |
2017 Q3
0 quarters
|
|
1334
Future Fuel
FF
$127M
| $224K | ﹤0.01% |
+14,216
| New | +$205K |
2017 Q3
0 quarters
|
|
1335
Himax Technologies
HIMX
$1.51B
| $224K | ﹤0.01% |
+20,458
| New | +$186K |
2017 Q3
0 quarters
|
|
1336
Lattice Semiconductor
LSCC
$16B
| $224K | ﹤0.01% |
+43,077
| New | +$262K |
2017 Q3
0 quarters
|
|
|
BKS
1337
DELISTED
Barnes & Noble
BKS
| $223K | ﹤0.01% |
29,300
-24,499
| -46% | -$183K |
2015 Q3
8 quarters
|
|
1338
Mechanics Bancorp
MCHB
$3.19B
| $222K | ﹤0.01% |
+8,215
| New | +$214K |
2017 Q3
0 quarters
|
|
1339
Kforce
KFRC
$1B
| $222K | ﹤0.01% |
+11,000
| New | +$204K |
2017 Q3
0 quarters
|
|
1340
Pitney Bowes
PBI
$2.11B
| $222K | ﹤0.01% |
15,819
+850
| +6% | +$11.7K |
2017 Q2
1 quarter
|
|
1341
Celanese
CE
$5.64B
| $219K | ﹤0.01% |
2,099
-550
| -21% | -$54K |
2016 Q4
3 quarters
|
|
|
RNET
1342
DELISTED
RigNet, Inc.
RNET
| $219K | ﹤0.01% |
+12,725
| New | +$217K |
2017 Q3
0 quarters
|
|
1343
Citi Trends
CTRN
$364M
| $218K | ﹤0.01% |
+10,948
| New | +$217K |
2017 Q3
0 quarters
|
|
1344
Acadia Realty Trust
AKR
$2.79B
| $217K | ﹤0.01% |
+7,578
| New | +$219K |
2017 Q3
0 quarters
|
|
1345
Coherus Oncology
CHRS
$81.2M
| $217K | ﹤0.01% |
16,292
-47,278
| -74% | -$625K |
2017 Q1
2 quarters
|
|
1346
Southside Bancshares
SBSI
$1.03B
| $217K | ﹤0.01% |
+5,960
| New | +$202K |
2017 Q3
0 quarters
|
|
|
ACHN
1347
DELISTED
Achillion Pharmaceuticals
ACHN
| $217K | ﹤0.01% |
+48,251
| New | +$214K |
2017 Q3
0 quarters
|
|
1348
Ambev
ABEV
$42.5B
| $216K | ﹤0.01% |
32,770
-52,035
| -61% | -$322K |
2016 Q4
3 quarters
|
|
1349
Nabors Industries
NBR
$1.38B
| $216K | ﹤0.01% |
+536
| New | +$196K |
2017 Q3
0 quarters
|
|
1350
DELISTED
Sapiens International
SPNS
| $215K | ﹤0.01% |
16,306
+2,823
| +21% | +$33K |
2017 Q2
1 quarter
|
|
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.