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 | |
|---|---|---|---|---|---|---|---|
1451
WhiteHorse Finance
WHF
$177M
| $153K | ﹤0.01% |
+10,400
| New | +$145K |
2017 Q3
0 quarters
|
|
1452
Barclays
BCS
$76B
| $152K | ﹤0.01% |
+15,311
| New | +$152K |
2017 Q3
0 quarters
|
|
|
UCFC
1453
DELISTED
United Community Financial Corp
UCFC
| $151K | ﹤0.01% |
+15,737
| New | +$142K |
2017 Q3
0 quarters
|
|
1454
Lands' End
LE
$267M
| $149K | ﹤0.01% |
+11,270
| New | +$147K |
2017 Q3
0 quarters
|
|
1455
Ameresco
AMRC
$1.35B
| $147K | ﹤0.01% |
18,791
+8,507
| +83% | +$60.3K |
2017 Q2
1 quarter
|
|
1456
Arcos Dorados Holdings
ARCO
$1.52B
| $147K | ﹤0.01% |
15,043
-6,952
| -32% | -$60.1K |
2016 Q4
3 quarters
|
|
1457
Orion Group Holdings
ORN
$308M
| $147K | ﹤0.01% |
+22,381
| New | +$142K |
2017 Q3
0 quarters
|
|
1458
Commercial Vehicle Group
CVGI
$140M
| $146K | ﹤0.01% |
19,800
-2,100
| -10% | -$15.3K |
2016 Q4
3 quarters
|
|
1459
Data I/O
DAIO
$26.6M
| $145K | ﹤0.01% |
+14,600
| New | +$125K |
2017 Q3
0 quarters
|
|
|
ADAP
1460
DELISTED
Adaptimmune Therapeutics
ADAP
| $144K | ﹤0.01% |
+17,554
| New | +$110K |
2017 Q3
0 quarters
|
|
1461
Photronics
PLAB
$1.63B
| $144K | ﹤0.01% |
+16,297
| New | +$145K |
2017 Q3
0 quarters
|
|
1462
Smart Sand
SND
$208M
| $143K | ﹤0.01% |
+21,023
| New | +$135K |
2017 Q3
0 quarters
|
|
|
INSY
1463
DELISTED
Insys Therapeutics, Inc.
INSY
| $143K | ﹤0.01% |
+16,119
| New | +$166K |
2017 Q3
0 quarters
|
|
1464
CryoPort
CYRX
$1.01B
| $142K | ﹤0.01% |
+14,399
| New | +$106K |
2017 Q3
0 quarters
|
|
1465
Pennant Park Investment Corp
PNNT
$205M
| $141K | ﹤0.01% |
+18,800
| New | +$141K |
2017 Q3
0 quarters
|
|
1466
Vera Bradley
VRA
$218M
| $141K | ﹤0.01% |
15,994
+5,689
| +55% | +$53.1K |
2016 Q4
3 quarters
|
|
|
TESO
1467
DELISTED
Tesco Corp
TESO
| $141K | ﹤0.01% |
25,793
-5,970
| -19% | -$27.4K |
2016 Q4
3 quarters
|
|
1468
DELISTED
Gannett Co., Inc
GCI
| $139K | ﹤0.01% |
+15,407
| New | +$132K |
2017 Q3
0 quarters
|
|
1469
Option Care Health
OPCH
$4.74B
| $138K | ﹤0.01% |
+12,551
| New | +$142K |
2017 Q3
0 quarters
|
|
1470
Ares Commercial Real Estate
ACRE
$193M
| $136K | ﹤0.01% |
+10,200
| New | +$134K |
2017 Q3
0 quarters
|
|
1471
Ryerson Holding Corp
RYZ
$1.51B
| $136K | ﹤0.01% |
+12,508
| New | +$110K |
2017 Q3
0 quarters
|
|
1472
Goldgroup Mining
GORO
$544M
| $135K | ﹤0.01% |
9,019
+4,135
| +85% | +$64.4K |
2016 Q4
3 quarters
|
|
1473
DELISTED
Synchronoss Technologies
SNCR
| $135K | ﹤0.01% |
+1,614
| New | +$225K |
2017 Q3
0 quarters
|
|
|
OMN
1474
DELISTED
OMNOVA Solutions Inc.
OMN
| $135K | ﹤0.01% |
+12,329
| New | +$114K |
2017 Q3
0 quarters
|
|
1475
Oxford Square Capital
OXSQ
$92.2M
| $134K | ﹤0.01% |
19,600
+2,100
| +12% | +$14.1K |
2017 Q1
2 quarters
|
|
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.