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 | |
|---|---|---|---|---|---|---|---|
1676
iShares MSCI France ETF
EWQ
$359M
| – | – |
-28,267
| Closed | -$813K | – |
|
|
1677
iShares MSCI Taiwan ETF
EWT
$10.2B
| – | – |
-2,618,387
| Closed | -$93.6M | – |
|
1678
DELISTED
Exact Sciences
EXAS
| – | – |
-26,773
| Closed | -$947K | – |
|
1679
Exelon
EXC
$47.5B
| – | – |
-439,771
| Closed | -$11.3M | – |
|
1680
Eagle Materials
EXP
$5.53B
| – | – |
-10,019
| Closed | -$926K | – |
|
1681
EyePoint Inc
EYPT
$28.3M
| – | – |
-5,860
| Closed | -$100K | – |
|
1682
Fastenal
FAST
$63.8B
| – | – |
-306,360
| Closed | -$3.33M | – |
|
1683
Fate Therapeutics
FATE
$168M
| – | – |
-28,900
| Closed | -$94K | – |
|
1684
FirstCash
FCFS
$7.8B
| – | – |
-5,545
| Closed | -$323K | – |
|
1685
Factset
FDS
$11.9B
| – | – |
-1,400
| Closed | -$233K | – |
|
1686
Forum Energy Technologies
FET
$883M
| – | – |
-543
| Closed | -$169K | – |
|
1687
Fiserv Inc
FISV
$33.1B
| – | – |
-29,648
| Closed | -$1.81M | – |
|
1688
Fidelity National Information Services
FIS
$14.8B
| – | – |
-178,022
| Closed | -$15.2M | – |
|
1689
Financial Institutions
FISI
$778M
| – | – |
-8,755
| Closed | -$261K | – |
|
1690
Fifth Third Bancorp
FITB
$48.8B
| – | – |
-135,200
| Closed | -$3.51M | – |
|
1691
FIVE9
FIVN
$2.13B
| – | – |
-20,100
| Closed | -$433K | – |
|
1692
Comfort Systems
FIX
$40B
| – | – |
-11,643
| Closed | -$432K | – |
|
1693
Flex
FLEX
$29B
| – | – |
-93,819
| Closed | -$1.15M | – |
|
1694
Flowserve
FLS
$10.7B
| – | – |
-10,200
| Closed | -$474K | – |
|
1695
Fidelity National Financial
FNF
$11.6B
| – | – |
-27,077
| Closed | -$843K | – |
|
1696
Forestar Group
FOR
$1.13B
| – | – |
-13,288
| Closed | -$228K | – |
|
1697
Fossil Group
FOSL
$523M
| – | – |
-58,826
| Closed | -$609K | – |
|
1698
Forrester Research
FORR
$164M
| – | – |
-9,405
| Closed | -$368K | – |
|
1699
First Industrial Realty Trust
FR
$7.32B
| – | – |
-34,191
| Closed | -$979K | – |
|
1700
FS KKR Capital
FSK
$3.17B
| – | – |
-4,023
| Closed | -$147K | – |
|
Similar funds
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.