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 | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1501
Teekay
TK
$1.17B
| $169K | 0.01% |
+20,997
| New | +$162K |
2016 Q4
0 quarters
|
|
1502
VivoSim Labs
VIVS
$1.85M
| $167K | 0.01% |
+206
| New | +$164K |
2016 Q4
0 quarters
|
|
|
MYOK
1503
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $167K | 0.01% |
+12,934
| New | +$199K |
2016 Q4
0 quarters
|
|
|
CTT
1504
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $166K | 0.01% |
+14,766
| New | +$162K |
2016 Q4
0 quarters
|
|
|
ARIA
1505
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $165K | 0.01% |
+13,233
| New | +$159K |
2016 Q4
0 quarters
|
|
1506
DELISTED
Tri Pointe Homes
TPH
| $164K | 0.01% |
14,251
-54,673
| -79% | -$653K |
2016 Q1
3 quarters
|
|
1507
DELISTED
TPI Composites
TPIC
| $164K | 0.01% |
+10,200
| New | +$165K |
2016 Q4
0 quarters
|
|
|
HOME
1508
DELISTED
At Home Group Inc.
HOME
| $164K | 0.01% |
+11,232
| New | +$144K |
2016 Q4
0 quarters
|
|
1509
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $163K | 0.01% |
+11,700
| New | +$167K |
2016 Q4
0 quarters
|
|
1510
Franklin Managed Municipal Income Trust
PMM
$267M
| $163K | 0.01% |
+23,080
| New | +$170K |
2016 Q4
0 quarters
|
|
1511
Civeo
CVEO
$376M
| $162K | 0.01% |
+6,133
| New | +$125K |
2016 Q4
0 quarters
|
|
|
TBHC
1512
DELISTED
The Brand House Collective
TBHC
| $162K | 0.01% |
+10,445
| New | +$146K |
2016 Q4
0 quarters
|
|
|
MAV
1513
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
| $162K | 0.01% |
+13,700
| New | +$169K |
2016 Q4
0 quarters
|
|
1514
National CineMedia
NCMI
$160M
| $162K | 0.01% |
+1,098
| New | +$162K |
2016 Q4
0 quarters
|
|
1515
DELISTED
Karyopharm Therapeutics
KPTI
| $161K | 0.01% |
+1,140
| New | +$154K |
2016 Q4
0 quarters
|
|
|
WSR
1516
DELISTED
Whitestone REIT
WSR
| $161K | 0.01% |
+11,203
| New | +$151K |
2016 Q4
0 quarters
|
|
|
AUTO
1517
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $161K | 0.01% |
+11,991
| New | +$179K |
2016 Q4
0 quarters
|
|
|
EIGI
1518
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $161K | 0.01% |
+17,306
| New | +$141K |
2016 Q4
0 quarters
|
|
1519
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $161K | 0.01% |
+31,152
| New | +$164K |
2016 Q4
0 quarters
|
|
1520
DELISTED
Infinera Corporation Common Stock
INFN
| $160K | 0.01% |
+18,892
| New | +$162K |
2016 Q4
0 quarters
|
|
|
XTLY
1521
DELISTED
Xactly Corporation
XTLY
| $160K | 0.01% |
+14,566
| New | +$190K |
2016 Q4
0 quarters
|
|
|
USAK
1522
DELISTED
USA Truck Inc
USAK
| $159K | 0.01% |
+18,255
| New | +$164K |
2016 Q4
0 quarters
|
|
1523
DELISTED
Denny's
DENN
| $158K | 0.01% |
+12,299
| New | +$143K |
2016 Q4
0 quarters
|
|
1524
Vince Holding Corp
VNCE
$167M
| $158K | 0.01% |
+3,893
| New | +$186K |
2016 Q4
0 quarters
|
|
1525
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $157K | 0.01% |
+10,700
| New | +$164K |
2016 Q4
0 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.