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 Core MSCI Emerging Markets ETF
IEMG
|
+$179M |
| 2 |
Intuit
INTU
|
+$36.9M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.2M |
| 4 |
Altria Group
MO
|
+$32.6M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$25.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares China Large-Cap ETF
FXI
|
+$43.3M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$22.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$20.2M |
| 4 |
Lockheed Martin
LMT
|
+$18M |
| 5 |
Starbucks
SBUX
|
+$16.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.09% |
| 2 | Technology | 13.06% |
| 3 | Healthcare | 11.75% |
| 4 | Industrials | 11.74% |
| 5 | Consumer Discretionary | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Cirrus Logic
CRUS
$5.99B
| $6.71M | 0.19% |
110,553
+100,896
| +1,045% | +$5.75M |
2016 Q3
2 quarters
|
|
127
CALL
SPDR Gold Trust
GLD
$130B
| $6.68M | 0.18% |
+56,300
| New | +$6.54M |
2017 Q1
0 quarters
|
|
|
FTR
128
DELISTED
Frontier Communications Corp.
FTR
| $6.68M | 0.18% |
+208,193
| New | +$9.5M |
2017 Q1
0 quarters
|
|
129
D.R. Horton
DHI
$39.5B
| $6.64M | 0.18% |
199,215
+58,311
| +41% | +$1.81M |
2016 Q3
2 quarters
|
|
130
Salesforce
CRM
$179B
| $6.64M | 0.18% |
80,436
-101,882
| -56% | -$8.14M |
2016 Q3
2 quarters
|
|
131
iShares MSCI Emerging Markets ETF
EEM
$28.2B
| $6.57M | 0.18% |
+166,701
| New | +$6.33M |
2017 Q1
0 quarters
|
|
132
Ulta Beauty
ULTA
$28.2B
| $6.47M | 0.18% |
22,678
+19,696
| +660% | +$5.39M |
2015 Q4
5 quarters
|
|
|
BCR
133
DELISTED
CR Bard Inc.
BCR
| $6.44M | 0.18% |
+25,911
| New | +$6.25M |
2017 Q1
0 quarters
|
|
134
Public Service Enterprise Group
PEG
$37.8B
| $6.41M | 0.18% |
+144,588
| New | +$6.38M |
2017 Q1
0 quarters
|
|
135
Conagra Brands
CAG
$7.03B
| $6.39M | 0.18% |
158,503
+153,003
| +2,782% | +$6.11M |
2016 Q3
2 quarters
|
|
136
DELISTED
Nordstrom
JWN
| $6.37M | 0.18% |
+136,719
| New | +$6.11M |
2017 Q1
0 quarters
|
|
137
Ross Stores
ROST
$74B
| $6.32M | 0.17% |
95,874
+88,600
| +1,218% | +$5.92M |
2016 Q4
1 quarter
|
|
138
Southern Company
SO
$109B
| $6.28M | 0.17% |
+126,218
| New | +$6.24M |
2017 Q1
0 quarters
|
|
139
Rockwell Automation
ROK
$44.7B
| $6.22M | 0.17% |
+39,971
| New | +$5.97M |
2017 Q1
0 quarters
|
|
140
Comcast
CMCSA
$89.3B
| $6.17M | 0.17% |
+164,178
| New | +$6.09M |
2017 Q1
0 quarters
|
|
141
Dell
DELL
$219B
| $6.15M | 0.17% |
341,928
+292,435
| +591% | +$5.1M |
2016 Q4
1 quarter
|
|
142
Labcorp
LH
$30.1B
| $6.12M | 0.17% |
49,616
+35,789
| +259% | +$4.24M |
2015 Q2
7 quarters
|
|
143
DELISTED
Masimo
MASI
| $6.08M | 0.17% |
65,253
+55,534
| +571% | +$4.57M |
2016 Q2
3 quarters
|
|
144
Teradyne
TER
$39B
| $6.06M | 0.17% |
194,946
+166,538
| +586% | +$4.76M |
2016 Q4
1 quarter
|
|
145
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $6.05M | 0.17% |
+29,300
| New | +$5.97M |
2017 Q1
0 quarters
|
|
146
Patterson-UTI
PTEN
$4.16B
| $6M | 0.17% |
247,192
+147,093
| +147% | +$3.97M |
2016 Q4
1 quarter
|
|
147
Pfizer
PFE
$165B
| $5.87M | 0.16% |
180,733
-71,533
| -28% | -$2.26M |
2015 Q4
5 quarters
|
|
148
Expedia Group
EXPE
$30.6B
| $5.82M | 0.16% |
46,088
+23,976
| +108% | +$2.93M |
2016 Q4
1 quarter
|
|
149
DELISTED
Anadarko Petroleum
APC
| $5.79M | 0.16% |
93,408
+77,772
| +497% | +$5.17M |
2016 Q4
1 quarter
|
|
150
JetBlue
JBLU
$1.42B
| $5.75M | 0.16% |
278,795
+197,056
| +241% | +$4.02M |
2015 Q4
5 quarters
|
|
Similar funds
Squarepoint's Q1 2017 Portfolio in Review
As of Q1 2017, Squarepoint held 2,234 positions worth $3.63B, up 48% from $2.44B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Squarepoint deployed $976M of net new capital in Q1 2017, opening 503 new positions and adding to 514 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
By sector, the portfolio is most concentrated in Miscellaneous at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $20.2M trimmed.
- Squarepoint's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
- Squarepoint added most to Intuit in Q1 2017, an estimated $36.9M increase.
- Squarepoint's biggest Q1 2017 reduction was Meta Platforms (Facebook), cutting an estimated $20.2M.
- Squarepoint fully exited iShares China Large-Cap ETF in Q1 2017, selling an estimated $43.3M.
- Squarepoint's ten largest holdings make up 14% of its $3.63B portfolio in Q1 2017.
- Squarepoint opened 503 new positions and closed 757 in Q1 2017.
- Squarepoint's portfolio value rose 48% quarter-over-quarter to $3.63B.
Based on Squarepoint's 13F filing for Q1 2017, filed 15 May 2017.