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 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
AET
126
DELISTED
Aetna Inc
AET
| $2.42M | 0.19% |
21,570
+14,538
| +207% | +$1.56M |
2015 Q4
1 quarter
|
|
127
Harley-Davidson
HOG
$3.3B
| $2.4M | 0.19% |
46,710
+7,470
| +19% | +$326K |
2015 Q4
1 quarter
|
|
128
The Gap Inc
GAP
$7.55B
| $2.39M | 0.19% |
81,388
-16,444
| -17% | -$432K |
2015 Q3
2 quarters
|
|
129
Designer Brands
DBI
$329M
| $2.39M | 0.19% |
86,485
+74,385
| +615% | +$1.86M |
2015 Q4
1 quarter
|
|
130
US Bancorp
USB
$92.6B
| $2.39M | 0.19% |
58,842
+48,438
| +466% | +$1.93M |
2015 Q4
1 quarter
|
|
131
DELISTED
QUESTAR CORP
STR
| $2.39M | 0.19% |
96,312
+79,590
| +476% | +$1.84M |
2015 Q4
1 quarter
|
|
132
Lennar Class A
LEN
$21.1B
| $2.38M | 0.18% |
51,764
+25,740
| +99% | +$1.06M |
2015 Q4
1 quarter
|
|
133
DELISTED
Nordstrom
JWN
| $2.38M | 0.18% |
41,612
-5,472
| -12% | -$282K |
2015 Q3
2 quarters
|
|
134
DELISTED
Juniper Networks
JNPR
| $2.38M | 0.18% |
93,221
+14,117
| +18% | +$353K |
2015 Q3
2 quarters
|
|
135
DELISTED
Interpublic Group of Companies
IPG
| $2.37M | 0.18% |
+103,365
| New | +$2.23M |
2016 Q1
0 quarters
|
|
136
DELISTED
TECO ENERGY INC
TE
| $2.37M | 0.18% |
86,120
+18,802
| +28% | +$513K |
2015 Q3
2 quarters
|
|
137
Invesco
IVZ
$11.9B
| $2.36M | 0.18% |
76,600
+48,515
| +173% | +$1.4M |
2015 Q2
3 quarters
|
|
|
FIT
138
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $2.34M | 0.18% |
+154,700
| New | +$2.46M |
2016 Q1
0 quarters
|
|
139
Williams Companies
WMB
$80.1B
| $2.34M | 0.18% |
+145,696
| New | +$2.51M |
2016 Q1
0 quarters
|
|
140
Carter's
CRI
$1.17B
| $2.32M | 0.18% |
21,986
+5,716
| +35% | +$548K |
2015 Q3
2 quarters
|
|
141
GameStop
GME
$12.7B
| $2.3M | 0.18% |
289,356
+111,748
| +63% | +$803K |
2015 Q4
1 quarter
|
|
142
ResMed
RMD
$33.1B
| $2.29M | 0.18% |
39,679
+18,717
| +89% | +$1.06M |
2015 Q4
1 quarter
|
|
|
WNR
143
DELISTED
Western Refining Inc
WNR
| $2.29M | 0.18% |
78,802
+1,959
| +3% | +$59.1K |
2015 Q4
1 quarter
|
|
|
FRAN
144
DELISTED
Francesca's Holdings Corporation
FRAN
| $2.29M | 0.18% |
+9,970
| New | +$2.15M |
2016 Q1
0 quarters
|
|
145
Expeditors International
EXPD
$23.8B
| $2.27M | 0.18% |
46,568
-9,382
| -17% | -$430K |
2015 Q3
2 quarters
|
|
146
ConocoPhillips
COP
$161B
| $2.25M | 0.17% |
55,885
+49,862
| +828% | +$1.9M |
2015 Q4
1 quarter
|
|
147
United Therapeutics
UTHR
$23.9B
| $2.25M | 0.17% |
20,176
+16,069
| +391% | +$2.03M |
2015 Q4
1 quarter
|
|
|
ATHN
148
DELISTED
Athenahealth, Inc.
ATHN
| $2.25M | 0.17% |
16,200
+10,200
| +170% | +$1.4M |
2015 Q4
1 quarter
|
|
149
Citigroup
C
$197B
| $2.24M | 0.17% |
53,764
+6,813
| +15% | +$285K |
2015 Q4
1 quarter
|
|
150
Boston Scientific
BSX
$62B
| $2.22M | 0.17% |
117,934
-5,373
| -4% | -$94.4K |
2015 Q4
1 quarter
|
|
Similar funds
Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.