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 | |
|---|---|---|---|---|---|---|---|
|
JONE
1626
DELISTED
Jones Energy, Inc.
JONE
| $99K | ﹤0.01% |
+1,076
| New | +$87.1K |
2016 Q4
0 quarters
|
|
|
PCK
1627
DELISTED
Pimco California Municipal Income Fund II
PCK
| $97K | ﹤0.01% |
+10,500
| New | +$101K |
2016 Q4
0 quarters
|
|
|
VRS
1628
DELISTED
Verso Corporation
VRS
| $97K | ﹤0.01% |
+13,600
| New | +$82K |
2016 Q4
0 quarters
|
|
1629
Aberdeen Municipal Income Fund
MFM
$215M
| $95K | ﹤0.01% |
+14,300
| New | +$98.2K |
2016 Q4
0 quarters
|
|
|
FSAM
1630
DELISTED
Fifth Street Asset Management Inc. Class A
FSAM
| $95K | ﹤0.01% |
+14,200
| New | +$81.1K |
2016 Q4
0 quarters
|
|
1631
PhenixFIN
PFX
$78.8M
| $93K | ﹤0.01% |
+621
| New | +$94.8K |
2016 Q4
0 quarters
|
|
1632
Rocket Pharmaceuticals
RCKT
$269M
| $93K | ﹤0.01% |
+3,795
| New | +$108K |
2016 Q4
0 quarters
|
|
|
CDR
1633
DELISTED
Cedar Realty Trust, Inc
CDR
| $93K | ﹤0.01% |
+2,156
| New | +$93.5K |
2016 Q4
0 quarters
|
|
1634
DELISTED
Stein Mart Inc
SMRT
| $93K | ﹤0.01% |
+17,019
| New | +$98.6K |
2016 Q4
0 quarters
|
|
1635
Dorian LPG
LPG
$2B
| $92K | ﹤0.01% |
+11,209
| New | +$80.3K |
2016 Q4
0 quarters
|
|
|
SPNE
1636
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $92K | ﹤0.01% |
+11,600
| New | +$97.9K |
2016 Q4
0 quarters
|
|
|
ENOC
1637
DELISTED
EnerNOC, Inc.
ENOC
| $92K | ﹤0.01% |
+15,400
| New | +$89.3K |
2016 Q4
0 quarters
|
|
1638
Western Asset Municipal High Income Fund
MHF
$143M
| $91K | ﹤0.01% |
+12,700
| New | +$93.8K |
2016 Q4
0 quarters
|
|
1639
DELISTED
ARC Document Solutions, Inc.
ARC
| $91K | ﹤0.01% |
+17,841
| New | +$74.7K |
2016 Q4
0 quarters
|
|
1640
Enphase Energy
ENPH
$3.66B
| $90K | ﹤0.01% |
+89,300
| New | +$102K |
2016 Q4
0 quarters
|
|
|
SGY
1641
DELISTED
Stone Energy
SGY
| $90K | ﹤0.01% |
+2,221
| New | +$88.2K |
2016 Q4
0 quarters
|
|
1642
Viavi Solutions
VIAV
$7.63B
| $89K | ﹤0.01% |
+10,828
| New | +$84.1K |
2016 Q4
0 quarters
|
|
|
CFMS
1643
DELISTED
Conformis, Inc. Common Stock
CFMS
| $87K | ﹤0.01% |
+429
| New | +$94.9K |
2016 Q4
0 quarters
|
|
|
HBP
1644
DELISTED
Huttig Building Products, Inc.
HBP
| $87K | ﹤0.01% |
+13,200
| New | +$76K |
2016 Q4
0 quarters
|
|
|
PLPM
1645
DELISTED
Planet Payment, Inc
PLPM
| $87K | ﹤0.01% |
+21,305
| New | +$80.7K |
2016 Q4
0 quarters
|
|
1646
Aberdeen Intermediate Income Fund
MIN
$271M
| $84K | ﹤0.01% |
+3,150
| New | +$83.2K |
2016 Q4
0 quarters
|
|
1647
Arbor Realty Trust
ABR
$271M
| $83K | ﹤0.01% |
+11,070
| New | +$81.6K |
2016 Q4
0 quarters
|
|
1648
Arcturus Therapeutics
ARCT
$271M
| $83K | ﹤0.01% |
+5,657
| New | +$84.6K |
2016 Q4
0 quarters
|
|
1649
Gerdau
GGB
$9.08B
| $83K | ﹤0.01% |
+33,153
| New | +$90.3K |
2016 Q4
0 quarters
|
|
1650
Harte-Hanks
HHS
$29.8M
| $83K | ﹤0.01% |
+5,520
| New | +$83.6K |
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.