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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1426
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $206K | 0.01% |
+2,720
| New | +$182K |
2016 Q4
0 quarters
|
|
1427
Medifast
MED
$144M
| $205K | 0.01% |
+4,927
| New | +$198K |
2016 Q4
0 quarters
|
|
1428
Winnebago Industries
WGO
$884M
| $205K | 0.01% |
+6,465
| New | +$201K |
2016 Q4
0 quarters
|
|
1429
Primoris Services
PRIM
$3.76B
| $204K | 0.01% |
+8,964
| New | +$197K |
2016 Q4
0 quarters
|
|
1430
Sensata Technologies
ST
$5.74B
| $204K | 0.01% |
+5,233
| New | +$199K |
2016 Q4
0 quarters
|
|
1431
UNIFI
UFI
$125M
| $204K | 0.01% |
+6,237
| New | +$192K |
2016 Q4
0 quarters
|
|
|
ARGO
1432
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $204K | 0.01% |
+3,567
| New | +$190K |
2016 Q4
0 quarters
|
|
|
ANCX
1433
DELISTED
Access National Corp
ANCX
| $204K | 0.01% |
+7,347
| New | +$192K |
2016 Q4
0 quarters
|
|
1434
OFG Bancorp
OFG
$2.15B
| $203K | 0.01% |
+15,479
| New | +$186K |
2016 Q4
0 quarters
|
|
1435
Sibanye-Stillwater
SBSW
$6.27B
| $203K | 0.01% |
+30,431
| New | +$278K |
2016 Q4
0 quarters
|
|
1436
Element Solutions
ESI
$8.08B
| $202K | 0.01% |
+20,600
| New | +$176K |
2016 Q4
0 quarters
|
|
1437
Intrepid Potash
IPI
$446M
| $202K | 0.01% |
+9,690
| New | +$143K |
2016 Q4
0 quarters
|
|
1438
OSI Systems
OSIS
$3.08B
| $201K | 0.01% |
+2,645
| New | +$191K |
2016 Q4
0 quarters
|
|
1439
Belden
BDC
$4B
| $200K | 0.01% |
2,677
-3,078
| -53% | -$219K |
2016 Q3
1 quarter
|
|
1440
Caesarstone
CSTE
$45M
| $200K | 0.01% |
+6,996
| New | +$222K |
2016 Q4
0 quarters
|
|
1441
Ashford Hospitality Trust
AHT
$15.9M
| $199K | 0.01% |
+26
| New | +$170K |
2016 Q4
0 quarters
|
|
1442
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $199K | 0.01% |
+15,200
| New | +$207K |
2016 Q4
0 quarters
|
|
1443
Iridium Communications
IRDM
$4.89B
| $198K | 0.01% |
+20,620
| New | +$184K |
2016 Q4
0 quarters
|
|
|
UAM
1444
DELISTED
Universal American Corp
UAM
| $198K | 0.01% |
+19,933
| New | +$175K |
2016 Q4
0 quarters
|
|
|
MOBL
1445
DELISTED
MobileIron, Inc.
MOBL
| $198K | 0.01% |
52,747
+40,747
| +340% | +$155K |
2016 Q3
1 quarter
|
|
1446
IDT Corp
IDT
$2.06B
| $197K | 0.01% |
+12,529
| New | +$201K |
2016 Q4
0 quarters
|
|
1447
Celldex Therapeutics
CLDX
$2.24B
| $196K | 0.01% |
3,697
-4,503
| -55% | -$256K |
2016 Q1
3 quarters
|
|
|
RAD
1448
DELISTED
Rite Aid Corporation
RAD
| $195K | 0.01% |
+1,185
| New | +$179K |
2016 Q4
0 quarters
|
|
1449
Ambev
ABEV
$42.1B
| $194K | 0.01% |
+39,428
| New | +$213K |
2016 Q4
0 quarters
|
|
1450
Axcelis
ACLS
$3.34B
| $194K | 0.01% |
+13,367
| New | +$182K |
2016 Q4
0 quarters
|
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.