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 | |
|---|---|---|---|---|---|---|---|
|
IMDZ
1376
DELISTED
Immune Design Corp.
IMDZ
| $132K | ﹤0.01% |
13,500
-9,483
| -41% | -$66.5K |
2016 Q4
2 quarters
|
|
1377
Iridium Communications
IRDM
$4.67B
| $130K | ﹤0.01% |
+11,809
| New | +$123K |
2017 Q2
0 quarters
|
|
1378
DELISTED
VOXX International Corporation Class A
VOXX
| $128K | ﹤0.01% |
15,600
-11,500
| -42% | -$73K |
2016 Q4
2 quarters
|
|
|
SPNE
1379
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $128K | ﹤0.01% |
11,100
-700
| -6% | -$6.56K |
2016 Q4
2 quarters
|
|
1380
Veracyte
VCYT
$1.95B
| $126K | ﹤0.01% |
15,100
+2,479
| +20% | +$20.2K |
2017 Q1
1 quarter
|
|
1381
DELISTED
Enzo Biochem, Inc.
ENZ
| $126K | ﹤0.01% |
+11,400
| New | +$106K |
2017 Q2
0 quarters
|
|
|
PFNX
1382
DELISTED
Pfenex Inc.
PFNX
| $125K | ﹤0.01% |
31,232
+9,648
| +45% | +$44.4K |
2017 Q1
1 quarter
|
|
|
ZIXI
1383
DELISTED
Zix Corporation
ZIXI
| $124K | ﹤0.01% |
21,763
-14,048
| -39% | -$78.9K |
2016 Q4
2 quarters
|
|
1384
Daktronics
DAKT
$933M
| $120K | ﹤0.01% |
12,464
-1,566
| -11% | -$14.8K |
2017 Q1
1 quarter
|
|
|
AGTC
1385
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $120K | ﹤0.01% |
23,611
+6,507
| +38% | +$36.5K |
2016 Q4
2 quarters
|
|
|
CMO
1386
DELISTED
Capstead Mortgage Corp.
CMO
| $120K | ﹤0.01% |
+11,482
| New | +$123K |
2017 Q2
0 quarters
|
|
|
CGI
1387
DELISTED
Celadon Group Inc
CGI
| $119K | ﹤0.01% |
+37,767
| New | +$118K |
2017 Q2
0 quarters
|
|
|
ZAGG
1388
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $116K | ﹤0.01% |
+13,419
| New | +$107K |
2017 Q2
0 quarters
|
|
1389
Adecoagro
AGRO
$1.3B
| $115K | ﹤0.01% |
11,541
+1,481
| +15% | +$16.2K |
2016 Q3
3 quarters
|
|
|
STKL
1390
DELISTED
SunOpta
STKL
| $115K | ﹤0.01% |
+11,304
| New | +$94.5K |
2017 Q2
0 quarters
|
|
1391
ICICI Bank
IBN
$122B
| $114K | ﹤0.01% |
12,700
-6,893
| -35% | -$58.3K |
2017 Q1
1 quarter
|
|
1392
Natera
NTRA
$45B
| $114K | ﹤0.01% |
+10,500
| New | +$103K |
2017 Q2
0 quarters
|
|
|
NGD
1393
DELISTED
New Gold Inc
NGD
| $112K | ﹤0.01% |
35,221
-141,909
| -80% | -$426K |
2016 Q4
2 quarters
|
|
1394
DHI Group
DHX
$185M
| $111K | ﹤0.01% |
39,014
-36,239
| -48% | -$119K |
2016 Q4
2 quarters
|
|
1395
First Bancorp
FBP
$3.92B
| $111K | ﹤0.01% |
19,127
-88,551
| -82% | -$497K |
2016 Q4
2 quarters
|
|
1396
Oxford Square Capital
OXSQ
$106M
| $111K | ﹤0.01% |
17,500
+5,897
| +51% | +$42.2K |
2017 Q1
1 quarter
|
|
1397
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $111K | ﹤0.01% |
39,153
+10,956
| +39% | +$30.8K |
2017 Q1
1 quarter
|
|
1398
Civeo
CVEO
$354M
| $110K | ﹤0.01% |
4,348
-2,045
| -32% | -$60.9K |
2016 Q4
2 quarters
|
|
1399
GSI Technology
GSIT
$116M
| $110K | ﹤0.01% |
+14,000
| New | +$112K |
2017 Q2
0 quarters
|
|
1400
Barnes & Noble Education
BNED
$436M
| $108K | ﹤0.01% |
+102
| New | +$102K |
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.