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 | |
|---|---|---|---|---|---|---|---|
1401
DELISTED
Great Lakes Dredge & Dock
GLDD
| $106K | ﹤0.01% |
24,673
-8,059
| -25% | -$35.1K |
2016 Q4
2 quarters
|
|
1402
DELISTED
ARC Document Solutions, Inc.
ARC
| $106K | ﹤0.01% |
25,436
+5,597
| +28% | +$20.8K |
2016 Q4
2 quarters
|
|
1403
Ooma
OOMA
$497M
| $104K | ﹤0.01% |
+13,003
| New | +$133K |
2017 Q2
0 quarters
|
|
1404
DELISTED
Cymabay Therapeutics
CBAY
| $103K | ﹤0.01% |
17,800
-13,200
| -43% | -$56.2K |
2017 Q1
1 quarter
|
|
1405
Vera Bradley
VRA
$202M
| $101K | ﹤0.01% |
10,305
-1,243
| -11% | -$10.9K |
2016 Q4
2 quarters
|
|
1406
DELISTED
Clear Channel Outdoor Holdings
CCO
| $100K | ﹤0.01% |
+20,628
| New | +$97K |
2017 Q2
0 quarters
|
|
1407
EyePoint Inc
EYPT
$31M
| $100K | ﹤0.01% |
+5,860
| New | +$112K |
2017 Q2
0 quarters
|
|
1408
Sibanye-Stillwater
SBSW
$6.72B
| $99K | ﹤0.01% |
22,745
-56,534
| -71% | -$375K |
2016 Q4
2 quarters
|
|
|
GSS
1409
DELISTED
Golden Star Resources Ltd.
GSS
| $99K | ﹤0.01% |
30,527
+15,391
| +102% | +$54.9K |
2016 Q4
2 quarters
|
|
1410
MannKind Corp
MNKD
$1.25B
| $98K | ﹤0.01% |
69,674
+45,398
| +187% | +$58.4K |
2016 Q4
2 quarters
|
|
1411
DELISTED
Stein Mart Inc
SMRT
| $98K | ﹤0.01% |
57,764
+38,477
| +199% | +$76K |
2016 Q4
2 quarters
|
|
|
TUES
1412
DELISTED
Tuesday Morning Corp
TUES
| $98K | ﹤0.01% |
+51,532
| New | +$126K |
2017 Q2
0 quarters
|
|
|
GUID
1413
DELISTED
Guidance Software, Inc.
GUID
| $97K | ﹤0.01% |
14,750
+5
| +0% | +$32 |
2016 Q4
2 quarters
|
|
|
SAUC
1414
DELISTED
Diversified Restaurant Holdings, Inc. Common stock
SAUC
| $96K | ﹤0.01% |
+36,900
| New | +$105K |
2017 Q2
0 quarters
|
|
1415
Fate Therapeutics
FATE
$222M
| $94K | ﹤0.01% |
28,900
| – | – |
2016 Q4
2 quarters
|
|
1416
Precision Drilling
PDS
$1.16B
| $93K | ﹤0.01% |
1,357
+721
| +113% | +$55.9K |
2017 Q1
1 quarter
|
|
|
HBP
1417
DELISTED
Huttig Building Products, Inc.
HBP
| $93K | ﹤0.01% |
13,200
-700
| -5% | -$5.14K |
2016 Q4
2 quarters
|
|
1418
Niagen Bioscience
NAGE
$164M
| $89K | ﹤0.01% |
+23,361
| New | +$74K |
2017 Q2
0 quarters
|
|
1419
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $89K | ﹤0.01% |
20,871
+14,814
| +245% | +$60.6K |
2016 Q4
2 quarters
|
|
|
GPL
1420
DELISTED
Great Panther Mining Limited
GPL
| $89K | ﹤0.01% |
6,982
+5,579
| +398% | +$71.8K |
2016 Q4
2 quarters
|
|
|
PLPM
1421
DELISTED
Planet Payment, Inc
PLPM
| $89K | ﹤0.01% |
26,885
-2,129
| -7% | -$8.06K |
2016 Q4
2 quarters
|
|
|
RRTS
1422
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $88K | ﹤0.01% |
482
-526
| -52% | -$88K |
2016 Q4
2 quarters
|
|
1423
DELISTED
Chimerix, Inc.
CMRX
| $87K | ﹤0.01% |
+16,026
| New | +$84.3K |
2017 Q2
0 quarters
|
|
|
GSV
1424
DELISTED
Gold Standard Ventures Corp.
GSV
| $86K | ﹤0.01% |
+50,181
| New | +$89.7K |
2017 Q2
0 quarters
|
|
1425
Dorian LPG
LPG
$2B
| $84K | ﹤0.01% |
+10,284
| New | +$88.9K |
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.