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 |
Abbott
ABT
|
+$8.99M |
| 2 |
General Dynamics
GD
|
+$8.34M |
| 3 |
PPG Industries
PPG
|
+$8.12M |
| 4 |
American Tower
AMT
|
+$7.78M |
| 5 |
United Airlines
UAL
|
+$7.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$4.51M |
| 2 |
CY
Cypress Semiconductor
CY
|
+$3.12M |
| 3 |
Medtronic
MDT
|
+$2.51M |
| 4 |
FedEx
FDX
|
+$2.49M |
| 5 |
Automatic Data Processing
ADP
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.65% |
| 2 | Industrials | 13.83% |
| 3 | Financials | 11.56% |
| 4 | Consumer Discretionary | 11.53% |
| 5 | Technology | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Hilton Worldwide Holdings Inc. Common Stock
HLT
$82.9B
| $890K | 0.22% |
+12,933
| New | +$1000K |
2015 Q3
0 quarters
|
|
127
SLB Ltd
SLB
$75.1B
| $888K | 0.22% |
+12,872
| New | +$1.02M |
2015 Q3
0 quarters
|
|
128
VeriSign
VRSN
$28B
| $882K | 0.22% |
+12,502
| New | +$852K |
2015 Q3
0 quarters
|
|
129
Monster Beverage
MNST
$89.2B
| $876K | 0.22% |
+77,808
| New | +$912K |
2015 Q3
0 quarters
|
|
130
Analog Devices
ADI
$198B
| $868K | 0.22% |
+15,393
| New | +$895K |
2015 Q3
0 quarters
|
|
131
DELISTED
CA, Inc.
CA
| $858K | 0.21% |
31,434
+15,376
| +96% | +$440K |
2015 Q2
1 quarter
|
|
132
Jack in the Box
JACK
$270M
| $852K | 0.21% |
+11,053
| New | +$943K |
2015 Q3
0 quarters
|
|
133
Stanley Black & Decker
SWK
$16.8B
| $849K | 0.21% |
+8,753
| New | +$901K |
2015 Q3
0 quarters
|
|
134
RB Global
RBA
$17.1B
| $846K | 0.21% |
+32,700
| New | +$894K |
2015 Q3
0 quarters
|
|
|
BRCD
135
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $842K | 0.21% |
+81,097
| New | +$850K |
2015 Q3
0 quarters
|
|
136
Eastman Chemical
EMN
$7.5B
| $841K | 0.21% |
+13,000
| New | +$960K |
2015 Q3
0 quarters
|
|
137
AES
AES
$10.6B
| $839K | 0.21% |
+85,700
| New | +$1.03M |
2015 Q3
0 quarters
|
|
138
Ralph Lauren
RL
$23.1B
| $809K | 0.2% |
+6,847
| New | +$813K |
2015 Q3
0 quarters
|
|
139
BioMarin Pharmaceuticals
BMRN
$11B
| $800K | 0.2% |
+7,598
| New | +$1.01M |
2015 Q3
0 quarters
|
|
140
HCA Healthcare
HCA
$105B
| $797K | 0.2% |
+10,304
| New | +$912K |
2015 Q3
0 quarters
|
|
|
HDP
141
DELISTED
Hortonworks, Inc.
HDP
| $795K | 0.2% |
+36,300
| New | +$901K |
2015 Q3
0 quarters
|
|
142
DELISTED
Juniper Networks
JNPR
| $794K | 0.2% |
+30,881
| New | +$816K |
2015 Q3
0 quarters
|
|
143
DELISTED
Sealed Air
SEE
| $784K | 0.2% |
+16,714
| New | +$863K |
2015 Q3
0 quarters
|
|
144
DELISTED
Infinera Corporation Common Stock
INFN
| $759K | 0.19% |
+38,800
| New | +$846K |
2015 Q3
0 quarters
|
|
145
Pebblebrook Hotel Trust
PEB
$2.41B
| $749K | 0.19% |
+21,124
| New | +$848K |
2015 Q3
0 quarters
|
|
|
MNDT
146
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $748K | 0.19% |
23,500
+12,400
| +112% | +$517K |
2015 Q2
1 quarter
|
|
147
Ericsson
ERIC
$34.4B
| $745K | 0.19% |
+76,127
| New | +$770K |
2015 Q3
0 quarters
|
|
|
LLL
148
DELISTED
L3 Technologies, Inc.
LLL
| $732K | 0.18% |
+6,999
| New | +$788K |
2015 Q3
0 quarters
|
|
|
BXLT
149
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $726K | 0.18% |
+23,026
| New | +$795K |
2015 Q3
0 quarters
|
|
150
DELISTED
Warner Bros
WBD
| $721K | 0.18% |
+27,699
| New | +$819K |
2015 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2015 Portfolio in Review
As of Q3 2015, Squarepoint held 713 positions worth $401M, up 30% from $308M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $140M of net new capital in Q3 2015, opening 275 new positions and adding to 63 existing holdings. Its largest new stake was Abbott: 190,793 shares worth $7.67M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 13% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $2.11M trimmed.
- Squarepoint's largest Q3 2015 buy was Abbott: 190,793 shares worth $7.67M.
- Squarepoint added most to Eaton in Q3 2015, an estimated $5.05M increase.
- Squarepoint's biggest Q3 2015 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $2.11M.
- Squarepoint fully exited Illinois Tool Works in Q3 2015, selling an estimated $4.51M.
- Squarepoint's ten largest holdings make up 16% of its $401M portfolio in Q3 2015.
- Squarepoint opened 275 new positions and closed 324 in Q3 2015.
- Squarepoint's portfolio value rose 30% quarter-over-quarter to $401M.
Based on Squarepoint's 13F filing for Q3 2015, filed 16 Nov 2015.