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 | |
|---|---|---|---|---|---|---|---|
|
LIOX
1676
DELISTED
Lionbridge Technologies
LIOX
| $67K | ﹤0.01% |
+11,500
| New | +$58.9K |
2016 Q4
0 quarters
|
|
1677
RadNet
RDNT
$6.17B
| $66K | ﹤0.01% |
+10,279
| New | +$69.4K |
2016 Q4
0 quarters
|
|
1678
DELISTED
Regulus Therapeutics
RGLS
| $66K | ﹤0.01% |
+245
| New | +$79.6K |
2016 Q4
0 quarters
|
|
|
NNA
1679
DELISTED
Navios Maritime Acquisition Corporation
NNA
| $66K | ﹤0.01% |
+2,601
| New | +$58.3K |
2016 Q4
0 quarters
|
|
1680
Fluent
FLNT
$116M
| $65K | ﹤0.01% |
+3,125
| New | +$67.7K |
2016 Q4
0 quarters
|
|
1681
MidCap Financial Investment
MFIC
$846M
| $65K | ﹤0.01% |
+3,700
| New | +$66.3K |
2016 Q4
0 quarters
|
|
|
SFUN
1682
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $63K | ﹤0.01% |
+386
| New | +$63.6K |
2016 Q4
0 quarters
|
|
1683
DELISTED
Aerohive Networks
HIVE
| $63K | ﹤0.01% |
+11,036
| New | +$61.1K |
2016 Q4
0 quarters
|
|
|
ANFI
1684
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $62K | ﹤0.01% |
+10,000
| New | +$74.2K |
2016 Q4
0 quarters
|
|
1685
DELISTED
Nobilis Health Corp.
HLTH
| $62K | ﹤0.01% |
+29,480
| New | +$80.2K |
2016 Q4
0 quarters
|
|
|
XRM
1686
DELISTED
Xerium Technologies Inc (new)
XRM
| $62K | ﹤0.01% |
+11,100
| New | +$73.4K |
2016 Q4
0 quarters
|
|
|
CMU
1687
DELISTED
MFS High Yield Municipal Trust
CMU
| $61K | ﹤0.01% |
+13,800
| New | +$62.6K |
2016 Q4
0 quarters
|
|
1688
Safe Bulkers
SB
$822M
| $61K | ﹤0.01% |
+53,200
| New | +$72.8K |
2016 Q4
0 quarters
|
|
1689
Constellium
CSTM
$3.06B
| $60K | ﹤0.01% |
+10,100
| New | +$61.7K |
2016 Q4
0 quarters
|
|
|
MXWL
1690
DELISTED
Maxwell Technologies Inc
MXWL
| $60K | ﹤0.01% |
+11,662
| New | +$58.4K |
2016 Q4
0 quarters
|
|
|
SPPI
1691
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $59K | ﹤0.01% |
+13,375
| New | +$56.1K |
2016 Q4
0 quarters
|
|
|
RXDX
1692
DELISTED
Ignyta, Inc.
RXDX
| $59K | ﹤0.01% |
+11,154
| New | +$65K |
2016 Q4
0 quarters
|
|
1693
DELISTED
Atlantic Power Corporation
AT
| $55K | ﹤0.01% |
+22,106
| New | +$54.9K |
2016 Q4
0 quarters
|
|
|
PKD
1694
DELISTED
Parker Drilling Company
PKD
| $54K | ﹤0.01% |
1,382
-1,131
| -45% | -$38.7K |
2016 Q3
1 quarter
|
|
1695
BNY Mellon High Yield Strategies Fund
DHF
$164M
| $53K | ﹤0.01% |
+15,900
| New | +$52.1K |
2016 Q4
0 quarters
|
|
1696
Vaalco Energy
EGY
$565M
| $53K | ﹤0.01% |
+50,700
| New | +$44.6K |
2016 Q4
0 quarters
|
|
1697
DELISTED
Jive Software, Inc.
JIVE
| $53K | ﹤0.01% |
+12,100
| New | +$49K |
2016 Q4
0 quarters
|
|
|
GIG
1698
DELISTED
GigPeak, Inc.
GIG
| $51K | ﹤0.01% |
+20,154
| New | +$51.9K |
2016 Q4
0 quarters
|
|
1699
Fate Therapeutics
FATE
$215M
| $50K | ﹤0.01% |
+20,000
| New | +$53.5K |
2016 Q4
0 quarters
|
|
1700
Hovnanian Enterprises
HOV
$628M
| $50K | ﹤0.01% |
739
+96
| +15% | +$4.8K |
2016 Q3
1 quarter
|
|
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.