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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
LivaNova
LIVN
$4.35B
| $2.88M | 0.18% |
57,413
+47,411
| +474% | +$2.4M |
2016 Q1
1 quarter
|
|
127
PPG Industries
PPG
$26.4B
| $2.88M | 0.18% |
+27,636
| New | +$3.02M |
2016 Q2
0 quarters
|
|
128
Public Storage
PSA
$60.7B
| $2.83M | 0.18% |
+11,068
| New | +$2.84M |
2016 Q2
0 quarters
|
|
129
Transocean
RIG
$7.75B
| $2.82M | 0.18% |
237,385
+21,068
| +10% | +$216K |
2015 Q4
2 quarters
|
|
130
Campbell Soup
CPB
$6.39B
| $2.82M | 0.18% |
+42,346
| New | +$2.66M |
2016 Q2
0 quarters
|
|
131
DELISTED
CA, Inc.
CA
| $2.81M | 0.18% |
85,712
+32,094
| +60% | +$1M |
2015 Q2
4 quarters
|
|
132
US Bancorp
USB
$92.6B
| $2.81M | 0.18% |
69,700
+10,858
| +18% | +$452K |
2015 Q4
2 quarters
|
|
133
Kroger
KR
$39.4B
| $2.8M | 0.17% |
+76,126
| New | +$2.74M |
2016 Q2
0 quarters
|
|
134
CubeSmart
CUBE
$9.5B
| $2.8M | 0.17% |
90,632
+82,832
| +1,062% | +$2.58M |
2015 Q4
2 quarters
|
|
135
C.H. Robinson
CHRW
$14.4B
| $2.78M | 0.17% |
37,485
+13,505
| +56% | +$987K |
2015 Q4
2 quarters
|
|
136
Procter & Gamble
PG
$374B
| $2.75M | 0.17% |
32,490
-66,383
| -67% | -$5.45M |
2016 Q1
1 quarter
|
|
137
Booking.com
BKNG
$111B
| $2.74M | 0.17% |
+54,925
| New | +$2.85M |
2016 Q2
0 quarters
|
|
138
Alphabet (Google) Class C
GOOG
$3.42T
| $2.65M | 0.17% |
76,640
+50,720
| +196% | +$1.82M |
2016 Q1
1 quarter
|
|
139
Cardinal Health
CAH
$58B
| $2.61M | 0.16% |
33,461
-16,638
| -33% | -$1.33M |
2016 Q1
1 quarter
|
|
|
TFCF
140
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $2.61M | 0.16% |
95,626
+54,640
| +133% | +$1.6M |
2015 Q4
2 quarters
|
|
|
NBL
141
DELISTED
Noble Energy, Inc.
NBL
| $2.55M | 0.16% |
71,155
+15,021
| +27% | +$528K |
2016 Q1
1 quarter
|
|
142
S&P Global
SPGI
$135B
| $2.55M | 0.16% |
+23,743
| New | +$2.55M |
2016 Q2
0 quarters
|
|
|
SCG
143
DELISTED
Scana
SCG
| $2.54M | 0.16% |
+33,595
| New | +$2.35M |
2016 Q2
0 quarters
|
|
144
Burlington
BURL
$14.9B
| $2.52M | 0.16% |
37,765
+26,165
| +226% | +$1.54M |
2016 Q1
1 quarter
|
|
145
VF Corp
VFC
$7.2B
| $2.51M | 0.16% |
43,406
-13,590
| -24% | -$804K |
2015 Q1
5 quarters
|
|
146
FedEx
FDX
$73.4B
| $2.48M | 0.16% |
16,361
+4,344
| +36% | +$704K |
2016 Q1
1 quarter
|
|
147
Macy's
M
$6.3B
| $2.47M | 0.15% |
73,466
-21,151
| -22% | -$757K |
2015 Q3
3 quarters
|
|
|
BHI
148
DELISTED
Baker Hughes
BHI
| $2.44M | 0.15% |
54,097
+49,200
| +1,005% | +$2.23M |
2015 Q3
3 quarters
|
|
149
DELISTED
Dynegy, Inc.
DYN
| $2.43M | 0.15% |
140,915
+113,215
| +409% | +$1.97M |
2015 Q4
2 quarters
|
|
150
iShares Preferred and Income Securities ETF
PFF
$11.8B
| $2.41M | 0.15% |
+60,379
| New | +$2.37M |
2016 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.