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 |
Abbott
ABT
|
+$8.99M |
| 2 |
General Dynamics
GD
|
+$8.34M |
| 3 |
PPG Industries
PPG
|
+$8.12M |
| 4 |
American Tower
AMT
|
+$7.78M |
| 5 |
United Airlines
UAL
|
+$7.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$4.51M |
| 2 |
CY
Cypress Semiconductor
CY
|
+$3.12M |
| 3 |
Medtronic
MDT
|
+$2.51M |
| 4 |
FedEx
FDX
|
+$2.49M |
| 5 |
Automatic Data Processing
ADP
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.65% |
| 2 | Industrials | 13.83% |
| 3 | Financials | 11.56% |
| 4 | Consumer Discretionary | 11.53% |
| 5 | Technology | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
DELISTED
Leggett & Platt
LEG
| $719K | 0.18% |
+17,421
| New | +$813K |
2015 Q3
0 quarters
|
|
152
Ryder
R
$10.8B
| $719K | 0.18% |
9,711
-8,538
| -47% | -$729K |
2015 Q2
1 quarter
|
|
153
Canadian Imperial Bank of Commerce
CM
$106B
| $711K | 0.18% |
+19,758
| New | +$699K |
2015 Q3
0 quarters
|
|
154
Box
BOX
$5.98B
| $704K | 0.18% |
+56,000
| New | +$834K |
2015 Q3
0 quarters
|
|
155
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $704K | 0.18% |
+39,723
| New | +$915K |
2015 Q3
0 quarters
|
|
156
DELISTED
Anadarko Petroleum
APC
| $695K | 0.17% |
+11,514
| New | +$818K |
2015 Q3
0 quarters
|
|
157
Snap-on
SNA
$19.3B
| $678K | 0.17% |
+4,493
| New | +$721K |
2015 Q3
0 quarters
|
|
158
Adobe
ADBE
$92.5B
| $676K | 0.17% |
+8,217
| New | +$666K |
2015 Q3
0 quarters
|
|
159
Rambus
RMBS
$9.14B
| $674K | 0.17% |
+57,100
| New | +$742K |
2015 Q3
0 quarters
|
|
160
Cintas
CTAS
$90.2B
| $673K | 0.17% |
31,392
-24,200
| -44% | -$519K |
2014 Q4
3 quarters
|
|
161
Universal Health Services
UHS
$11.3B
| $673K | 0.17% |
+5,390
| New | +$750K |
2015 Q3
0 quarters
|
|
162
Olin
OLN
$2.04B
| $668K | 0.17% |
39,756
+17,041
| +75% | +$360K |
2015 Q2
1 quarter
|
|
163
Truist Financial
TFC
$60.2B
| $668K | 0.17% |
+18,753
| New | +$724K |
2015 Q3
0 quarters
|
|
164
Lincoln National
LNC
$8.1B
| $660K | 0.16% |
+13,904
| New | +$746K |
2015 Q3
0 quarters
|
|
|
CTXS
165
DELISTED
Citrix Systems Inc
CTXS
| $654K | 0.16% |
+11,846
| New | +$674K |
2015 Q3
0 quarters
|
|
|
ABB
166
DELISTED
ABB Ltd
ABB
| $650K | 0.16% |
+36,804
| New | +$717K |
2015 Q3
0 quarters
|
|
167
T. Rowe Price
TROW
$23.6B
| $645K | 0.16% |
+9,286
| New | +$688K |
2015 Q3
0 quarters
|
|
168
Armstrong World Industries
AWI
$7.39B
| $644K | 0.16% |
+13,500
| New | +$742K |
2015 Q3
0 quarters
|
|
169
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $624K | 0.16% |
+10,300
| New | +$688K |
2015 Q3
0 quarters
|
|
|
CHSP
170
DELISTED
Chesapeake Lodging Trust
CHSP
| $617K | 0.15% |
+23,682
| New | +$716K |
2015 Q3
0 quarters
|
|
171
Capital One
COF
$119B
| $609K | 0.15% |
+8,391
| New | +$674K |
2015 Q3
0 quarters
|
|
172
DELISTED
Verint Systems
VRNT
| $602K | 0.15% |
+27,388
| New | +$758K |
2015 Q3
0 quarters
|
|
173
Nucor
NUE
$58.8B
| $599K | 0.15% |
+15,956
| New | +$684K |
2015 Q3
0 quarters
|
|
|
POLY
174
DELISTED
Plantronics, Inc.
POLY
| $591K | 0.15% |
+11,630
| New | +$635K |
2015 Q3
0 quarters
|
|
175
Gray Television
GTN
$610M
| $583K | 0.15% |
+45,700
| New | +$649K |
2015 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2015 Portfolio in Review
As of Q3 2015, Squarepoint held 713 positions worth $401M, up 30% from $308M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $140M of net new capital in Q3 2015, opening 275 new positions and adding to 63 existing holdings. Its largest new stake was Abbott: 190,793 shares worth $7.67M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 13% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $2.11M trimmed.
- Squarepoint's largest Q3 2015 buy was Abbott: 190,793 shares worth $7.67M.
- Squarepoint added most to Eaton in Q3 2015, an estimated $5.05M increase.
- Squarepoint's biggest Q3 2015 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $2.11M.
- Squarepoint fully exited Illinois Tool Works in Q3 2015, selling an estimated $4.51M.
- Squarepoint's ten largest holdings make up 16% of its $401M portfolio in Q3 2015.
- Squarepoint opened 275 new positions and closed 324 in Q3 2015.
- Squarepoint's portfolio value rose 30% quarter-over-quarter to $401M.
Based on Squarepoint's 13F filing for Q3 2015, filed 16 Nov 2015.