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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.1M |
| 2 |
Illinois Tool Works
ITW
|
+$4.68M |
| 3 |
Archer Daniels Midland
ADM
|
+$3.94M |
| 4 |
Paramount Global Class B
PARA
|
+$3.59M |
| 5 |
Sherwin-Williams
SHW
|
+$3.51M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Newmont
NEM
|
+$4.14M |
| 2 |
The Mosaic Company
MOS
|
+$3.91M |
| 3 |
Sysco
SYY
|
+$3.56M |
| 4 |
Barrick Mining
B
|
+$3.34M |
| 5 |
Five Below
FIVE
|
+$3.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 14.44% |
| 2 | Industrials | 13.99% |
| 3 | Healthcare | 12.82% |
| 4 | Financials | 11.87% |
| 5 | Technology | 11.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Ligand Pharmaceuticals
LGND
$6.43B
| $656K | 0.21% |
+10,420
| New | +$569K |
2015 Q2
0 quarters
|
|
152
Intuitive Surgical
ISRG
$153B
| $654K | 0.21% |
+12,141
| New | +$679K |
2015 Q2
0 quarters
|
|
153
Timken Company
TKR
$7.69B
| $654K | 0.21% |
+17,894
| New | +$713K |
2015 Q2
0 quarters
|
|
154
Fluor
FLR
$6.27B
| $650K | 0.21% |
12,264
-7,227
| -37% | -$418K |
2014 Q4
2 quarters
|
|
155
Radian Group
RDN
$4.7B
| $642K | 0.21% |
+34,234
| New | +$615K |
2015 Q2
0 quarters
|
|
156
Signet Jewelers
SIG
$4.51B
| $641K | 0.21% |
+4,996
| New | +$670K |
2015 Q2
0 quarters
|
|
157
Zurn Elkay Water Solutions
ZWS
$7.4B
| $641K | 0.21% |
+55,637
| New | +$699K |
2015 Q2
0 quarters
|
|
158
Skyworks Solutions
SWKS
$20.6B
| $640K | 0.21% |
+6,150
| New | +$623K |
2015 Q2
0 quarters
|
|
159
Oracle
ORCL
$396B
| $637K | 0.21% |
+15,795
| New | +$685K |
2015 Q2
0 quarters
|
|
160
Packaging Corp of America
PKG
$22.9B
| $637K | 0.21% |
+10,190
| New | +$717K |
2015 Q2
0 quarters
|
|
161
Winnebago Industries
WGO
$871M
| $636K | 0.21% |
+26,957
| New | +$574K |
2015 Q2
0 quarters
|
|
162
Oceaneering
OII
$4.07B
| $635K | 0.21% |
+13,638
| New | +$717K |
2015 Q2
0 quarters
|
|
163
Allegion
ALLE
$15.9B
| $634K | 0.21% |
+10,534
| New | +$646K |
2015 Q2
0 quarters
|
|
164
Equifax
EFX
$21.7B
| $634K | 0.21% |
6,533
-10,188
| -61% | -$994K |
2015 Q1
1 quarter
|
|
165
Huntington Bancshares
HBAN
$31.8B
| $628K | 0.2% |
+55,514
| New | +$621K |
2015 Q2
0 quarters
|
|
166
Kimco Realty
KIM
$16.3B
| $623K | 0.2% |
+27,640
| New | +$675K |
2015 Q2
0 quarters
|
|
|
DRE
167
DELISTED
Duke Realty Corp.
DRE
| $619K | 0.2% |
+33,354
| New | +$662K |
2015 Q2
0 quarters
|
|
|
GGP
168
DELISTED
GGP Inc.
GGP
| $616K | 0.2% |
24,018
+13,994
| +140% | +$390K |
2015 Q1
1 quarter
|
|
169
Credit Acceptance
CACC
$4.83B
| $615K | 0.2% |
+2,500
| New | +$554K |
2015 Q2
0 quarters
|
|
170
Olin
OLN
$2.01B
| $612K | 0.2% |
+22,715
| New | +$674K |
2015 Q2
0 quarters
|
|
171
Republic Services
RSG
$74.7B
| $605K | 0.2% |
15,457
+6,153
| +66% | +$248K |
2014 Q4
2 quarters
|
|
172
Trane Technologies
TT
$89.7B
| $605K | 0.2% |
+8,981
| New | +$615K |
2015 Q2
0 quarters
|
|
173
US Bancorp
USB
$92.6B
| $603K | 0.2% |
13,904
+80
| +0.6% | +$3.5K |
2015 Q1
1 quarter
|
|
174
Cal-Maine
CALM
$2.97B
| $600K | 0.19% |
+11,500
| New | +$565K |
2015 Q2
0 quarters
|
|
|
JOY
175
DELISTED
Joy Global Inc
JOY
| $599K | 0.19% |
+16,534
| New | +$665K |
2015 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2015 Portfolio in Review
As of Q2 2015, Squarepoint held 726 positions worth $308M, up 7.6% from $287M the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Squarepoint deployed $38.3M of net new capital in Q2 2015, opening 313 new positions and adding to 72 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 52,908 shares worth $10.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 14% of assets, down from 17% a quarter earlier, followed by Industrials and Healthcare.
On the sell side, the largest reduction was Goldcorp Inc, an estimated $2.81M trimmed.
- Squarepoint's largest Q2 2015 buy was State Street SPDR S&P 500 ETF Trust: 52,908 shares worth $10.9M.
- Squarepoint added most to Archer Daniels Midland in Q2 2015, an estimated $3.94M increase.
- Squarepoint's biggest Q2 2015 reduction was Goldcorp Inc, cutting an estimated $2.81M.
- Squarepoint fully exited Newmont in Q2 2015, selling an estimated $4.14M.
- Squarepoint's ten largest holdings make up 14% of its $308M portfolio in Q2 2015.
- Squarepoint opened 313 new positions and closed 288 in Q2 2015.
- Squarepoint's portfolio value rose 7.6% quarter-over-quarter to $308M.
Based on Squarepoint's 13F filing for Q2 2015, filed 14 Aug 2015.