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 | |
|---|---|---|---|---|---|---|---|
|
NVTA
1351
DELISTED
Invitae Corporation
NVTA
| $160K | ﹤0.01% |
+16,700
| New | +$165K |
2017 Q2
0 quarters
|
|
1352
Arcos Dorados Holdings
ARCO
$1.47B
| $159K | ﹤0.01% |
21,995
-2,160
| -9% | -$17.5K |
2016 Q4
2 quarters
|
|
|
WMAR
1353
DELISTED
West Marine Inc
WMAR
| $159K | ﹤0.01% |
12,400
-1,049
| -8% | -$10.6K |
2016 Q4
2 quarters
|
|
1354
DELISTED
Overseas Shipholding Group Inc.
OSG
| $157K | ﹤0.01% |
59,060
+39,644
| +204% | +$124K |
2016 Q4
2 quarters
|
|
1355
McEwen Inc
MUX
$950M
| $155K | ﹤0.01% |
5,891
-15,454
| -72% | -$439K |
2016 Q4
2 quarters
|
|
|
NEWS
1356
DELISTED
NewStar Financial, Inc.
NEWS
| $153K | ﹤0.01% |
14,601
+1,014
| +7% | +$10.3K |
2017 Q1
1 quarter
|
|
1357
Radiant Logistics
RLGT
$418M
| $151K | ﹤0.01% |
28,000
-2,704
| -9% | -$15.6K |
2017 Q1
1 quarter
|
|
1358
DELISTED
Sapiens International
SPNS
| $151K | ﹤0.01% |
+13,483
| New | +$168K |
2017 Q2
0 quarters
|
|
1359
DELISTED
Edgio, Inc. Common Stock
EGIO
| $151K | ﹤0.01% |
1,305
-14
| -1% | -$1.63K |
2016 Q4
2 quarters
|
|
1360
Chord Energy
CHRD
$7.26B
| $149K | ﹤0.01% |
18,553
-115,829
| -86% | -$1.27M |
2015 Q4
6 quarters
|
|
1361
Amarin Corp
AMRN
$488M
| $148K | ﹤0.01% |
1,835
+500
| +37% | +$31.1K |
2017 Q1
1 quarter
|
|
1362
FS KKR Capital
FSK
$3.2B
| $147K | ﹤0.01% |
+4,023
| New | +$151K |
2017 Q2
0 quarters
|
|
1363
Hallador Energy
HNRG
$476M
| $146K | ﹤0.01% |
+18,800
| New | +$141K |
2017 Q2
0 quarters
|
|
1364
Ocular Therapeutix
OCUL
$1.45B
| $146K | ﹤0.01% |
+15,703
| New | +$152K |
2017 Q2
0 quarters
|
|
1365
Innoviva
INVA
$1.36B
| $145K | ﹤0.01% |
11,330
-107,780
| -90% | -$1.35M |
2017 Q1
1 quarter
|
|
1366
DELISTED
KEMET Corporation
KEM
| $145K | ﹤0.01% |
+11,300
| New | +$144K |
2017 Q2
0 quarters
|
|
1367
DHT Holdings
DHT
$3.33B
| $143K | ﹤0.01% |
34,506
-1,522
| -4% | -$6.63K |
2015 Q1
9 quarters
|
|
|
DSPG
1368
DELISTED
DSP Group Inc
DSPG
| $143K | ﹤0.01% |
+12,310
| New | +$149K |
2017 Q2
0 quarters
|
|
|
DWCH
1369
DELISTED
Datawatch Corp
DWCH
| $143K | ﹤0.01% |
+15,400
| New | +$126K |
2017 Q2
0 quarters
|
|
1370
Ezcorp Inc
EZPW
$1.75B
| $141K | ﹤0.01% |
+18,286
| New | +$159K |
2017 Q2
0 quarters
|
|
|
TESO
1371
DELISTED
Tesco Corp
TESO
| $141K | ﹤0.01% |
31,763
+21,390
| +206% | +$118K |
2016 Q4
2 quarters
|
|
|
IMMU
1372
DELISTED
Immunomedics Inc
IMMU
| $135K | ﹤0.01% |
+15,280
| New | +$107K |
2017 Q2
0 quarters
|
|
1373
Curis
CRIS
$2.2M
| $134K | ﹤0.01% |
36
+3
| +9% | +$12.5K |
2016 Q4
2 quarters
|
|
1374
A10 Networks
ATEN
$1.8B
| $133K | ﹤0.01% |
15,700
+5,200
| +50% | +$44.2K |
2016 Q4
2 quarters
|
|
1375
DELISTED
Iteris, Inc.
ITI
| $132K | ﹤0.01% |
+21,200
| New | +$121K |
2017 Q2
0 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.