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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1601
Apyx Medical
APYX
$121M
| – | – |
-10,800
| Closed | -$27K | – |
|
1602
Aramark
ARMK
$14.1B
| – | – |
-20,498
| Closed | -$607K | – |
|
1603
Archrock
AROC
$4.74B
| – | – |
-24,102
| Closed | -$275K | – |
|
1604
AdvanSix
ASIX
$422M
| – | – |
-16,155
| Closed | -$505K | – |
|
1605
Avient
AVNT
$4.14B
| – | – |
-11,052
| Closed | -$428K | – |
|
1606
Anavex Life Sciences
AVXL
$91.9M
| – | – |
-14,400
| Closed | -$77K | – |
|
1607
Avery Dennison
AVY
$14.2B
| – | – |
-57,133
| Closed | -$5.05M | – |
|
1608
DELISTED
Accelerate Diagnostics
AXDX
| – | – |
-987
| Closed | -$270K | – |
|
1609
Azenta
AZTA
$1.87B
| – | – |
-21,698
| Closed | -$471K | – |
|
1610
Booz Allen Hamilton
BAH
$10.3B
| – | – |
-116,648
| Closed | -$3.8M | – |
|
1611
BlackBerry
BB
$5.41B
| – | – |
-111,396
| Closed | -$1.11M | – |
|
1612
Best Buy
BBY
$21.7B
| – | – |
-21,800
| Closed | -$1.25M | – |
|
1613
Brink's
BCO
$4.78B
| – | – |
-10,566
| Closed | -$708K | – |
|
1614
Bright Horizons
BFAM
$2.53B
| – | – |
-48,137
| Closed | -$3.72M | – |
|
1615
Brown-Forman Class B
BF.B
$13.7B
| – | – |
-18,939
| Closed | -$589K | – |
|
1616
Buckle
BKE
$2.27B
| – | – |
-72,792
| Closed | -$1.3M | – |
|
1617
Bloomin' Brands
BLMN
$867M
| – | – |
-54,465
| Closed | -$1.16M | – |
|
1618
DELISTED
bluebird bio
BLUE
| – | – |
-679
| Closed | -$924K | – |
|
1619
Bank of Montreal
BMO
$120B
| – | – |
-11,954
| Closed | -$878K | – |
|
1620
Bristol-Myers Squibb
BMY
$128B
| – | – |
-354,520
| Closed | -$19.8M | – |
|
1621
Barnes & Noble Education
BNED
$442M
| – | – |
-102
| Closed | -$108K | – |
|
1622
DELISTED
Blueprint Medicines
BPMC
| – | – |
-10,700
| Closed | -$542K | – |
|
1623
Berkshire Hathaway Class B
BRK.B
$1.26T
| – | – |
-9,967
| Closed | -$1.69M | – |
|
1624
Bruker
BRKR
$9.21B
| – | – |
-57,107
| Closed | -$1.65M | – |
|
1625
Brown & Brown
BRO
$23.6B
| – | – |
-31,872
| Closed | -$686K | – |
|
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Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.