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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Capital One
COF
$121B
| $10.3M | 0.2% |
122,176
+85,398
| +232% | +$7.04M |
2017 Q2
1 quarter
|
|
127
United Airlines
UAL
$36.6B
| $10.2M | 0.2% |
168,119
-60,838
| -27% | -$4.05M |
2016 Q3
4 quarters
|
|
128
Everest Group
EG
$15.2B
| $10.2M | 0.2% |
44,704
+10,953
| +32% | +$2.76M |
2016 Q3
4 quarters
|
|
129
DELISTED
Six Flags Entertainment Corp.
SIX
| $10.2M | 0.2% |
+167,425
| New | +$9.39M |
2017 Q3
0 quarters
|
|
|
TFCFA
130
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $10.1M | 0.19% |
382,552
+261,238
| +215% | +$7.2M |
2017 Q2
1 quarter
|
|
131
Huntsman Corp
HUN
$1.66B
| $10.1M | 0.19% |
367,870
+144,319
| +65% | +$3.85M |
2016 Q3
4 quarters
|
|
132
Hasbro
HAS
$16.6B
| $9.9M | 0.19% |
101,509
+70,799
| +231% | +$7.18M |
2015 Q4
7 quarters
|
|
133
DELISTED
Juniper Networks
JNPR
| $9.7M | 0.19% |
348,306
+91,537
| +36% | +$2.56M |
2017 Q1
2 quarters
|
|
134
Acuity Brands
AYI
$9.7B
| $9.6M | 0.18% |
55,862
+39,875
| +249% | +$7.43M |
2016 Q4
3 quarters
|
|
135
American Airlines Group
AAL
$8.73B
| $9.5M | 0.18% |
200,843
+80,465
| +67% | +$3.89M |
2017 Q2
1 quarter
|
|
136
AutoZone
AZO
$51.8B
| $9.5M | 0.18% |
+16,014
| New | +$8.53M |
2017 Q3
0 quarters
|
|
137
Ulta Beauty
ULTA
$27.6B
| $9.38M | 0.18% |
41,477
-10,946
| -21% | -$2.63M |
2015 Q4
7 quarters
|
|
138
DELISTED
Comerica
CMA
| $9.32M | 0.18% |
122,173
+2,230
| +2% | +$160K |
2016 Q4
3 quarters
|
|
139
Halliburton
HAL
$26.3B
| $9.28M | 0.18% |
201,605
+100,979
| +100% | +$4.23M |
2015 Q4
7 quarters
|
|
|
BCR
140
DELISTED
CR Bard Inc.
BCR
| $9.18M | 0.18% |
28,641
-52,947
| -65% | -$16.9M |
2017 Q1
2 quarters
|
|
141
PG&E
PCG
$28.6B
| $9.09M | 0.17% |
133,490
-147,539
| -52% | -$10.1M |
2015 Q4
7 quarters
|
|
142
TJX Companies
TJX
$149B
| $9.08M | 0.17% |
246,450
-288,406
| -54% | -$10.3M |
2016 Q1
6 quarters
|
|
143
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.03B
| $9.06M | 0.17% |
+80,895
| New | +$9.01M |
2017 Q3
0 quarters
|
|
144
Thor Industries
THO
$4.18B
| $8.99M | 0.17% |
71,378
+51,650
| +262% | +$5.57M |
2015 Q4
7 quarters
|
|
145
Loews
L
$22.2B
| $8.96M | 0.17% |
187,255
+171,260
| +1,071% | +$8.15M |
2017 Q1
2 quarters
|
|
146
Applied Materials
AMAT
$264B
| $8.9M | 0.17% |
170,897
-282,414
| -62% | -$12.8M |
2015 Q3
8 quarters
|
|
147
F5
FFIV
$17.7B
| $8.83M | 0.17% |
73,219
+15,483
| +27% | +$1.87M |
2017 Q2
1 quarter
|
|
148
Northrop Grumman
NOC
$74.6B
| $8.83M | 0.17% |
30,678
-22,704
| -43% | -$6.11M |
2015 Q4
7 quarters
|
|
149
RH
RH
$2.48B
| $8.72M | 0.17% |
123,997
+96,321
| +348% | +$6.04M |
2017 Q2
1 quarter
|
|
150
Fortinet
FTNT
$87.3B
| $8.64M | 0.17% |
1,205,580
-245,435
| -17% | -$1.86M |
2016 Q4
3 quarters
|
|
Similar funds
Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.