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 | |
|---|---|---|---|---|---|---|---|
|
ENT
1601
DELISTED
Global Eagle Entertainment Inc.
ENT
| $114K | ﹤0.01% |
+703
| New | +$132K |
2016 Q4
0 quarters
|
|
1602
Ezcorp Inc
EZPW
$1.77B
| $113K | ﹤0.01% |
+10,636
| New | +$115K |
2016 Q4
0 quarters
|
|
|
ADXS
1603
DELISTED
Advaxis Inc
ADXS
| $113K | ﹤0.01% |
+1,054
| New | +$142K |
2016 Q4
0 quarters
|
|
1604
Teekay Tankers
TNK
$2.95B
| $112K | ﹤0.01% |
+6,213
| New | +$122K |
2016 Q4
0 quarters
|
|
1605
DELISTED
Chimerix, Inc.
CMRX
| $112K | ﹤0.01% |
+24,423
| New | +$115K |
2016 Q4
0 quarters
|
|
|
CLMS
1606
DELISTED
Calamos Asset Management, Inc.
CLMS
| $112K | ﹤0.01% |
+13,084
| New | +$90.8K |
2016 Q4
0 quarters
|
|
1607
Adecoagro
AGRO
$1.29B
| $109K | ﹤0.01% |
10,487
-3,335
| -24% | -$35.9K |
2016 Q3
1 quarter
|
|
1608
BNY Mellon Strategic Municipals
LEO
$379M
| $107K | ﹤0.01% |
+12,700
| New | +$109K |
2016 Q4
0 quarters
|
|
|
PHT
1609
DELISTED
Pioneer High Income Fund
PHT
| $107K | ﹤0.01% |
+10,500
| New | +$105K |
2016 Q4
0 quarters
|
|
|
SREV
1610
DELISTED
ServiceSource International, Inc.
SREV
| $107K | ﹤0.01% |
+18,846
| New | +$100K |
2016 Q4
0 quarters
|
|
1611
DELISTED
Cantaloupe
CTLP
| $106K | ﹤0.01% |
+24,590
| New | +$112K |
2016 Q4
0 quarters
|
|
|
GNRT
1612
DELISTED
Gener8 Maritime, Inc.
GNRT
| $106K | ﹤0.01% |
+23,600
| New | +$105K |
2016 Q4
0 quarters
|
|
|
CEMP
1613
DELISTED
Cempra, Inc.
CEMP
| $106K | ﹤0.01% |
+37,972
| New | +$461K |
2016 Q4
0 quarters
|
|
|
DMTX
1614
DELISTED
Dimension Therapeutics, Inc
DMTX
| $106K | ﹤0.01% |
+24,370
| New | +$130K |
2016 Q4
0 quarters
|
|
1615
DELISTED
Independence Contract Drilling, Inc.
ICD
| $105K | ﹤0.01% |
+783
| New | +$87.8K |
2016 Q4
0 quarters
|
|
|
TPLM
1616
DELISTED
Triangle Petroleum Corporation
TPLM
| $105K | ﹤0.01% |
+439,293
| New | +$120K |
2016 Q4
0 quarters
|
|
1617
Agenus
AGEN
$324M
| $104K | ﹤0.01% |
+1,284
| New | +$126K |
2016 Q4
0 quarters
|
|
1618
Globalstar
GSAT
$11.1B
| $104K | ﹤0.01% |
+4,408
| New | +$69.1K |
2016 Q4
0 quarters
|
|
1619
DELISTED
Goldfield Corporation
GV
| $104K | ﹤0.01% |
+20,400
| New | +$72.1K |
2016 Q4
0 quarters
|
|
1620
Accuray
ARAY
$11.5M
| $101K | ﹤0.01% |
548
-1,092
| -67% | -$227K |
2016 Q3
1 quarter
|
|
1621
DELISTED
TerraForm Global, Inc. Class A Common Stock
GLBL
| $101K | ﹤0.01% |
+25,580
| New | +$98.8K |
2016 Q4
0 quarters
|
|
1622
Arcos Dorados Holdings
ARCO
$1.45B
| $100K | ﹤0.01% |
+18,979
| New | +$108K |
2016 Q4
0 quarters
|
|
1623
UBS Asset Management High Yield Credit Fund
DHY
$235M
| $100K | ﹤0.01% |
+3,740
| New | +$92.9K |
2016 Q4
0 quarters
|
|
1624
Opko Health
OPK
$1.27B
| $100K | ﹤0.01% |
10,713
-1,287
| -11% | -$13.3K |
2016 Q2
2 quarters
|
|
|
AAC
1625
DELISTED
AAC Holdings
AAC
| $100K | ﹤0.01% |
+13,814
| New | +$158K |
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.