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
|
+$89.9M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$71.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$69M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$66M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$58.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$33M |
| 2 |
Altria Group
MO
|
+$32.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$26.5M |
| 4 |
CVS Health
CVS
|
+$24.7M |
| 5 |
Medtronic
MDT
|
+$22.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 17.23% |
| 2 | Technology | 14.6% |
| 3 | Healthcare | 11.36% |
| 4 | Industrials | 11.26% |
| 5 | Consumer Discretionary | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1501
Adient
ADNT
$1.22B
| – | – |
-4,701
| Closed | -$342K | – |
|
1502
Addus HomeCare
ADUS
$2.32B
| – | – |
-6,300
| Closed | -$202K | – |
|
1503
Agnico Eagle Mines
AEM
$96.8B
| – | – |
-77,245
| Closed | -$3.28M | – |
|
1504
First Majestic Silver
AG
$7.47B
| – | – |
-35,731
| Closed | -$290K | – |
|
1505
Alamos Gold
AGI
$13.3B
| – | – |
-109,378
| Closed | -$878K | – |
|
1506
Ashford Hospitality Trust
AHT
$15.3M
| – | – |
-66
| Closed | -$418K | – |
|
1507
Akamai
AKAM
$11.9B
| – | – |
-90,785
| Closed | -$5.42M | – |
|
1508
Ally Financial
ALLY
$11.5B
| – | – |
-87,000
| Closed | -$1.77M | – |
|
1509
Alto Ingredients
ALTO
$290M
| – | – |
-26,521
| Closed | -$182K | – |
|
1510
Ambarella
AMBA
$2.58B
| – | – |
-5,278
| Closed | -$289K | – |
|
1511
AMC Entertainment Holdings
AMC
$2.8B
| – | – |
-1,920
| Closed | -$604K | – |
|
1512
American Homes 4 Rent
AMH
$11.7B
| – | – |
-58,324
| Closed | -$1.34M | – |
|
1513
AutoNation
AN
$5.88B
| – | – |
-8,785
| Closed | -$372K | – |
|
1514
Abercrombie & Fitch
ANF
$6.35B
| – | – |
-267,096
| Closed | -$3.19M | – |
|
1515
DELISTED
Ansys
ANSS
| – | – |
-2,242
| Closed | -$240K | – |
|
1516
Aon
AON
$71B
| – | – |
-2,626
| Closed | -$312K | – |
|
1517
Alpha and Omega Semiconductor
AOSL
$716M
| – | – |
-11,985
| Closed | -$206K | – |
|
1518
APA Corp
APA
$15B
| – | – |
-57,209
| Closed | -$2.94M | – |
|
1519
Artisan Partners
APAM
$2.78B
| – | – |
-11,700
| Closed | -$323K | – |
|
1520
Amphenol
APH
$184B
| – | – |
-60,544
| Closed | -$539K | – |
|
1521
Antero Resources
AR
$11.1B
| – | – |
-230,300
| Closed | -$5.25M | – |
|
1522
Alexandria Real Estate Equities
ARE
$7.8B
| – | – |
-19,036
| Closed | -$2.1M | – |
|
1523
Arrow Electronics
ARW
$9.16B
| – | – |
-14,845
| Closed | -$1.09M | – |
|
1524
Altisource Portfolio Solutions
ASPS
$66.9M
| – | – |
-1,408
| Closed | -$415K | – |
|
1525
Astec Industries
ASTE
$823M
| – | – |
-13,106
| Closed | -$806K | – |
|
Similar funds
Squarepoint's Q2 2017 Portfolio in Review
As of Q2 2017, Squarepoint held 2,064 positions worth $5.08B, up 40% from $3.63B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $1.39B of net new capital in Q2 2017, opening 586 new positions and adding to 519 existing holdings. Its largest new stake was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $33M trimmed.
- Squarepoint's largest Q2 2017 buy was iShares MSCI Taiwan ETF: 2,618,387 shares worth $93.6M.
- Squarepoint added most to VanEck Gold Miners ETF in Q2 2017, an estimated $71.9M increase.
- Squarepoint's biggest Q2 2017 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $33M.
- Squarepoint fully exited iShares MSCI EAFE ETF in Q2 2017, selling an estimated $26.5M.
- Squarepoint's ten largest holdings make up 16% of its $5.08B portfolio in Q2 2017.
- Squarepoint opened 586 new positions and closed 568 in Q2 2017.
- Squarepoint's portfolio value rose 40% quarter-over-quarter to $5.08B.
Based on Squarepoint's 13F filing for Q2 2017, filed 14 Aug 2017.