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 | |
|---|---|---|---|---|---|---|---|
1351
UFP Industries
UFPI
$4.34B
| $215K | ﹤0.01% |
+6,564
| New | +$189K |
2017 Q3
0 quarters
|
|
|
TTPH
1352
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $215K | ﹤0.01% |
1,575
-1,308
| -45% | -$175K |
2016 Q4
3 quarters
|
|
|
FRED
1353
DELISTED
Fred's Inc
FRED
| $215K | ﹤0.01% |
+33,356
| New | +$219K |
2017 Q3
0 quarters
|
|
1354
Amtech Systems
ASYS
$211M
| $213K | ﹤0.01% |
+17,813
| New | +$179K |
2017 Q3
0 quarters
|
|
|
Y
1355
DELISTED
Alleghany Corp
Y
| $212K | ﹤0.01% |
+382
| New | +$223K |
2017 Q3
0 quarters
|
|
1356
Radiant Logistics
RLGT
$439M
| $211K | ﹤0.01% |
39,700
+11,700
| +42% | +$58.3K |
2017 Q1
2 quarters
|
|
|
BSFT
1357
DELISTED
BroadSoft, Inc.
BSFT
| $211K | ﹤0.01% |
+4,201
| New | +$192K |
2017 Q3
0 quarters
|
|
|
TERP
1358
DELISTED
TerraForm Power, Inc
TERP
| $211K | ﹤0.01% |
15,995
-7,925
| -33% | -$103K |
2017 Q2
1 quarter
|
|
|
MTSC
1359
DELISTED
MTS Systems Corp
MTSC
| $211K | ﹤0.01% |
3,951
-284
| -7% | -$14.3K |
2017 Q2
1 quarter
|
|
1360
Scotiabank
BNS
$113B
| $210K | ﹤0.01% |
+3,273
| New | +$203K |
2017 Q3
0 quarters
|
|
1361
Community Bank
CBU
$3.39B
| $210K | ﹤0.01% |
+3,796
| New | +$203K |
2017 Q3
0 quarters
|
|
1362
Onity Group
ONIT
$234M
| $210K | ﹤0.01% |
4,061
-37
| -0.9% | -$1.61K |
2016 Q4
3 quarters
|
|
|
GWPH
1363
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $210K | ﹤0.01% |
+2,068
| New | +$221K |
2017 Q3
0 quarters
|
|
|
VRTU
1364
DELISTED
Virtusa Corporation
VRTU
| $209K | ﹤0.01% |
+5,534
| New | +$190K |
2017 Q3
0 quarters
|
|
1365
AppFolio
APPF
$7.95B
| $208K | ﹤0.01% |
+4,337
| New | +$170K |
2017 Q3
0 quarters
|
|
1366
Zillow
Z
$6.72B
| $208K | ﹤0.01% |
+5,184
| New | +$219K |
2017 Q3
0 quarters
|
|
|
KERX
1367
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $208K | ﹤0.01% |
29,300
-9,011
| -24% | -$64.8K |
2016 Q4
3 quarters
|
|
1368
Matthews International
MATW
$587M
| $207K | ﹤0.01% |
3,320
-1,289
| -28% | -$80.4K |
2017 Q2
1 quarter
|
|
|
BPFH
1369
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $207K | ﹤0.01% |
+12,535
| New | +$189K |
2017 Q3
0 quarters
|
|
|
TPCO
1370
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $207K | ﹤0.01% |
14,245
-1,277
| -8% | -$17.1K |
2017 Q2
1 quarter
|
|
|
MINI
1371
DELISTED
Mobile Mini Inc
MINI
| $207K | ﹤0.01% |
+6,018
| New | +$185K |
2017 Q3
0 quarters
|
|
1372
First Internet Bancorp
INBK
$221M
| $206K | ﹤0.01% |
+6,370
| New | +$194K |
2017 Q3
0 quarters
|
|
1373
Accendra Health
ACH
$10.2M
| $206K | ﹤0.01% |
7,042
-12,534
| -64% | -$370K |
2017 Q2
1 quarter
|
|
1374
Dynex Capital
DX
$2.61B
| $205K | ﹤0.01% |
+9,400
| New | +$199K |
2017 Q3
0 quarters
|
|
1375
Seabridge Gold
SA
$2.68B
| $205K | ﹤0.01% |
16,793
-1,189
| -7% | -$13.8K |
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.