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 | 11.05% |
| 5 | Industrials | 10.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Citigroup
C
$203B
| $4.49M | 0.18% |
75,519
+51,382
| +213% | +$2.77M |
2016 Q3
1 quarter
|
|
127
iShares 20+ Year Treasury Bond ETF
TLT
$48.2B
| $4.48M | 0.18% |
+37,569
| New | +$4.71M |
2016 Q4
0 quarters
|
|
128
Analog Devices
ADI
$202B
| $4.47M | 0.18% |
+61,592
| New | +$4.19M |
2016 Q4
0 quarters
|
|
129
IAMGOLD
IAG
$8.82B
| $4.42M | 0.18% |
1,148,045
+1,075,290
| +1,478% | +$4.02M |
2016 Q2
2 quarters
|
|
130
AutoZone
AZO
$51B
| $4.41M | 0.18% |
5,586
-1,987
| -26% | -$1.53M |
2016 Q1
3 quarters
|
|
131
IBM
IBM
$244B
| $4.37M | 0.18% |
+27,455
| New | +$4.18M |
2016 Q4
0 quarters
|
|
132
Ingredion
INGR
$6.12B
| $4.35M | 0.18% |
34,828
+23,270
| +201% | +$2.94M |
2015 Q4
4 quarters
|
|
133
Skyworks Solutions
SWKS
$20.6B
| $4.35M | 0.18% |
+58,293
| New | +$4.49M |
2016 Q4
0 quarters
|
|
134
Cintas
CTAS
$87.3B
| $4.31M | 0.18% |
+149,332
| New | +$4.19M |
2016 Q4
0 quarters
|
|
135
General Mills
GIS
$18.3B
| $4.28M | 0.18% |
69,374
+59,540
| +605% | +$3.69M |
2016 Q3
1 quarter
|
|
136
Johnson & Johnson
JNJ
$658B
| $4.27M | 0.17% |
+37,061
| New | +$4.28M |
2016 Q4
0 quarters
|
|
|
HAR
137
DELISTED
Harman International Industries
HAR
| $4.24M | 0.17% |
+38,170
| New | +$3.68M |
2016 Q4
0 quarters
|
|
|
BBL
138
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $4.24M | 0.17% |
134,640
+112,581
| +510% | +$3.58M |
2016 Q2
2 quarters
|
|
|
LVLT
139
DELISTED
Level 3 Communications Inc
LVLT
| $4.18M | 0.17% |
74,244
-158,756
| -68% | -$8.39M |
2016 Q1
3 quarters
|
|
140
Lam Research
LRCX
$299B
| $4.17M | 0.17% |
394,680
+23,470
| +6% | +$238K |
2015 Q4
4 quarters
|
|
141
Alamos Gold
AGI
$11.5B
| $4.16M | 0.17% |
+608,377
| New | +$4.27M |
2016 Q4
0 quarters
|
|
142
Truist Financial
TFC
$58.5B
| $4.13M | 0.17% |
+87,886
| New | +$3.74M |
2016 Q4
0 quarters
|
|
|
GG
143
DELISTED
Goldcorp Inc
GG
| $4.04M | 0.17% |
296,766
+218,954
| +281% | +$3.05M |
2016 Q2
2 quarters
|
|
144
Best Buy
BBY
$20.1B
| $4.03M | 0.16% |
+94,387
| New | +$4.01M |
2016 Q4
0 quarters
|
|
145
Progressive
PGR
$134B
| $3.96M | 0.16% |
111,435
-69,114
| -38% | -$2.29M |
2016 Q1
3 quarters
|
|
146
Post Holdings
POST
$3.66B
| $3.87M | 0.16% |
73,498
+56,501
| +332% | +$2.85M |
2015 Q4
4 quarters
|
|
147
D.R. Horton
DHI
$39.6B
| $3.85M | 0.16% |
140,904
+56,982
| +68% | +$1.63M |
2016 Q3
1 quarter
|
|
148
Spectrum Brands
SPB
$1.92B
| $3.84M | 0.16% |
31,392
+16,442
| +110% | +$2.1M |
2015 Q4
4 quarters
|
|
149
Dick's Sporting Goods
DKS
$14.2B
| $3.84M | 0.16% |
72,246
+46,302
| +178% | +$2.66M |
2015 Q2
6 quarters
|
|
|
ANDV
150
DELISTED
Andeavor
ANDV
| $3.82M | 0.16% |
43,673
-12,484
| -22% | -$1.06M |
2016 Q1
3 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.