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 | |
|---|---|---|---|---|---|---|---|
1576
3D Systems Corp
DDD
$462M
| – | – |
-208,474
| Closed | -$3.12M | – |
|
1577
DELISTED
Denny's
DENN
| – | – |
-36,118
| Closed | -$447K | – |
|
1578
Dollar General
DG
$29.2B
| – | – |
-17,948
| Closed | -$1.25M | – |
|
1579
Dine Brands
DIN
$450M
| – | – |
-29,833
| Closed | -$1.62M | – |
|
1580
Dorman Products
DORM
$4.01B
| – | – |
-6,760
| Closed | -$555K | – |
|
1581
Amdocs
DOX
$6.56B
| – | – |
-5,100
| Closed | -$311K | – |
|
1582
Darden Restaurants
DRI
$24.9B
| – | – |
-58,410
| Closed | -$4.89M | – |
|
1583
Editas Medicine
EDIT
$410M
| – | – |
-9,698
| Closed | -$216K | – |
|
1584
Euronet Worldwide
EEFT
$2.36B
| – | – |
-4,200
| Closed | -$359K | – |
|
1585
iShares MSCI Emerging Markets ETF
EEM
$28.3B
| – | – |
-166,701
| Closed | -$6.57M | – |
|
|
1586
iShares MSCI EAFE ETF
EFA
$76.7B
| – | – |
-425,408
| Closed | -$26.5M | – |
|
1587
Eagle Bancorp
EGBN
$1.01B
| – | – |
-4,400
| Closed | -$263K | – |
|
1588
Eldorado Gold
EGO
$7.99B
| – | – |
-51,624
| Closed | -$880K | – |
|
1589
Vaalco Energy
EGY
$677M
| – | – |
-70,400
| Closed | -$65K | – |
|
1590
Emerson Electric
EMR
$92B
| – | – |
-270,367
| Closed | -$16.2M | – |
|
1591
Enbridge
ENB
$110B
| – | – |
-27,386
| Closed | -$1.15M | – |
|
1592
Enphase Energy
ENPH
$3.39B
| – | – |
-41,300
| Closed | -$57K | – |
|
1593
EOG Resources
EOG
$86.8B
| – | – |
-16,039
| Closed | -$1.56M | – |
|
1594
EPAM Systems
EPAM
$7.25B
| – | – |
-6,633
| Closed | -$501K | – |
|
1595
EQT Corp
EQT
$34.6B
| – | – |
-36,766
| Closed | -$1.22M | – |
|
1596
Eversource Energy
ES
$25.8B
| – | – |
-22,620
| Closed | -$1.33M | – |
|
1597
DELISTED
Enstar Group
ESGR
| – | – |
-2,877
| Closed | -$550K | – |
|
1598
DELISTED
Esperion Therapeutics
ESPR
| – | – |
-7,826
| Closed | -$276K | – |
|
1599
Entravision Communication
EVC
$562M
| – | – |
-11,773
| Closed | -$73K | – |
|
1600
East-West Bancorp
EWBC
$17.9B
| – | – |
-13,497
| Closed | -$697K | – |
|
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.