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 MSCI Taiwan ETF
EWT
|
+$102M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$85.3M |
| 3 |
Intuit
INTU
|
+$76.5M |
| 4 |
Home Depot
HD
|
+$71.6M |
| 5 |
Cigna
CI
|
+$44.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$119M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$69M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$51.1M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$47.4M |
| 5 |
iShares MSCI India ETF
INDA
|
+$47.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17% |
| 2 | Financials | 13.53% |
| 3 | Healthcare | 13.33% |
| 4 | Technology | 13.18% |
| 5 | Industrials | 11.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
EPAM Systems
EPAM
$8.31B
| $15.9M | 0.21% |
127,587
+120,487
| +1,697% | +$14.5M |
2018 Q1
1 quarter
|
|
127
HF Sinclair
DINO
$17.7B
| $15.8M | 0.21% |
230,456
+182,094
| +377% | +$12.1M |
2017 Q3
3 quarters
|
|
128
Yum! Brands
YUM
$43B
| $15.7M | 0.21% |
+200,995
| New | +$16.8M |
2018 Q2
0 quarters
|
|
129
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| $15.6M | 0.21% |
57,596
+50,269
| +686% | +$13.6M |
2018 Q1
1 quarter
|
|
130
Fair Isaac
FICO
$15.4B
| $15.6M | 0.21% |
80,803
+74,466
| +1,175% | +$13.5M |
2017 Q3
3 quarters
|
|
131
Baxter International
BAX
$13.5B
| $15.6M | 0.21% |
210,750
-294,901
| -58% | -$20.8M |
2015 Q3
11 quarters
|
|
132
iShares Core MSCI Emerging Markets ETF
IEMG
$146B
| $15.6M | 0.21% |
+296,353
| New | +$16.6M |
2018 Q2
0 quarters
|
|
133
Lear
LEA
$5.25B
| $15.4M | 0.2% |
83,039
+25,740
| +45% | +$5.04M |
2016 Q4
6 quarters
|
|
134
Gen Digital
GEN
$17.6B
| $15.4M | 0.2% |
743,591
+204,175
| +38% | +$4.9M |
2017 Q4
2 quarters
|
|
135
Chemed
CHE
$7.13B
| $15.2M | 0.2% |
+47,354
| New | +$14.8M |
2018 Q2
0 quarters
|
|
136
Encompass Health
EHC
$13.9B
| $15M | 0.2% |
+277,896
| New | +$13.9M |
2018 Q2
0 quarters
|
|
137
Urban Outfitters
URBN
$7.35B
| $14.9M | 0.2% |
334,431
+218,933
| +190% | +$9.15M |
2017 Q3
3 quarters
|
|
138
UDR
UDR
$11.6B
| $14.8M | 0.2% |
+393,787
| New | +$14.2M |
2018 Q2
0 quarters
|
|
139
Avery Dennison
AVY
$14.2B
| $14.8M | 0.2% |
144,650
+94,369
| +188% | +$10M |
2017 Q4
2 quarters
|
|
140
Insulet
PODD
$10.5B
| $14.7M | 0.2% |
171,846
+168,646
| +5,270% | +$15.1M |
2017 Q2
4 quarters
|
|
141
Eversource Energy
ES
$26.8B
| $14.5M | 0.19% |
248,072
+235,913
| +1,940% | +$13.6M |
2018 Q1
1 quarter
|
|
142
Thermo Fisher Scientific
TMO
$261B
| $14.5M | 0.19% |
70,080
+65,243
| +1,349% | +$13.8M |
2016 Q4
6 quarters
|
|
143
Cintas
CTAS
$90.8B
| $14.5M | 0.19% |
313,476
+174,816
| +126% | +$7.87M |
2016 Q4
6 quarters
|
|
144
Synchrony
SYF
$22.5B
| $14.2M | 0.19% |
425,743
+181,476
| +74% | +$6.24M |
2018 Q1
1 quarter
|
|
145
Curtiss-Wright
CW
$17.3B
| $14.2M | 0.19% |
+119,024
| New | +$15.5M |
2018 Q2
0 quarters
|
|
|
XL
146
DELISTED
XL Group Ltd.
XL
| $14.2M | 0.19% |
+252,951
| New | +$14.1M |
2018 Q2
0 quarters
|
|
147
DELISTED
Pioneer Natural Resource Co.
PXD
| $14.1M | 0.19% |
74,662
+3,124
| +4% | +$598K |
2015 Q4
10 quarters
|
|
148
Host Hotels & Resorts
HST
$17.5B
| $14.1M | 0.19% |
669,336
+429,932
| +180% | +$8.78M |
2018 Q1
1 quarter
|
|
|
ZEN
149
DELISTED
ZENDESK INC
ZEN
| $14M | 0.19% |
257,558
+243,158
| +1,689% | +$12.9M |
2017 Q4
2 quarters
|
|
150
Automatic Data Processing
ADP
$121B
| $14M | 0.19% |
104,063
+80,745
| +346% | +$10.2M |
2017 Q1
5 quarters
|
|
Similar funds
Squarepoint's Q2 2018 Portfolio in Review
As of Q2 2018, Squarepoint held 2,269 positions worth $7.55B, up 20% from $6.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Squarepoint deployed $1.17B of net new capital in Q2 2018, opening 635 new positions and adding to 628 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI India ETF, an estimated $47.3M trimmed.
- Squarepoint's largest Q2 2018 buy was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
- Squarepoint added most to iShares MSCI Taiwan ETF in Q2 2018, an estimated $102M increase.
- Squarepoint's biggest Q2 2018 reduction was iShares MSCI India ETF, cutting an estimated $47.3M.
- Squarepoint fully exited iShares MSCI Brazil ETF in Q2 2018, selling an estimated $119M.
- Squarepoint's ten largest holdings make up 9.4% of its $7.55B portfolio in Q2 2018.
- Squarepoint opened 635 new positions and closed 556 in Q2 2018.
- Squarepoint's portfolio value rose 20% quarter-over-quarter to $7.55B.
Based on Squarepoint's 13F filing for Q2 2018, filed 14 Aug 2018.