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 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Charles River Laboratories
CRL
$17.2B
| $2.21M | 0.17% |
29,148
+22,424
| +333% | +$1.66M |
2015 Q4
1 quarter
|
|
152
DELISTED
VCA Inc.
WOOF
| $2.21M | 0.17% |
38,261
+26,867
| +236% | +$1.39M |
2015 Q4
1 quarter
|
|
153
Dentsply Sirona
XRAY
$1.9B
| $2.19M | 0.17% |
35,475
+20,116
| +131% | +$1.19M |
2015 Q4
1 quarter
|
|
154
Ambarella
AMBA
$2.79B
| $2.18M | 0.17% |
48,735
+44,055
| +941% | +$1.82M |
2015 Q4
1 quarter
|
|
155
Halliburton
HAL
$29.9B
| $2.17M | 0.17% |
60,766
+42,366
| +230% | +$1.38M |
2015 Q4
1 quarter
|
|
156
Costco
COST
$449B
| $2.15M | 0.17% |
13,665
+10,414
| +320% | +$1.58M |
2015 Q4
1 quarter
|
|
157
Willis Towers Watson
WTW
$29.9B
| $2.14M | 0.17% |
+17,993
| New | +$2.07M |
2016 Q1
0 quarters
|
|
158
IQVIA
IQV
$44.1B
| $2.13M | 0.17% |
32,700
+20,400
| +166% | +$1.29M |
2015 Q4
1 quarter
|
|
159
Ross Stores
ROST
$72.9B
| $2.12M | 0.16% |
36,627
+29,552
| +418% | +$1.64M |
2015 Q4
1 quarter
|
|
160
McKesson
MCK
$116B
| $2.12M | 0.16% |
13,473
+9,049
| +205% | +$1.46M |
2015 Q1
4 quarters
|
|
|
LLTC
161
DELISTED
Linear Technology Corp
LLTC
| $2.11M | 0.16% |
47,361
-1,307
| -3% | -$55.3K |
2015 Q4
1 quarter
|
|
162
DELISTED
Sealed Air
SEE
| $2.1M | 0.16% |
43,693
-8,565
| -16% | -$375K |
2015 Q3
2 quarters
|
|
163
Antero Resources
AR
$12.9B
| $2.09M | 0.16% |
+84,145
| New | +$2.02M |
2016 Q1
0 quarters
|
|
164
Clorox
CLX
$10.6B
| $2.09M | 0.16% |
16,583
+14,487
| +691% | +$1.84M |
2015 Q2
3 quarters
|
|
|
ESV
165
DELISTED
Ensco Rowan plc
ESV
| $2.08M | 0.16% |
50,225
+37,011
| +280% | +$1.51M |
2015 Q3
2 quarters
|
|
166
Service Corp International
SCI
$10.4B
| $2.07M | 0.16% |
83,888
+60,658
| +261% | +$1.44M |
2015 Q3
2 quarters
|
|
167
Ingredion
INGR
$6.12B
| $2.07M | 0.16% |
19,367
+13,146
| +211% | +$1.31M |
2015 Q4
1 quarter
|
|
168
Intuit
INTU
$91.2B
| $2.05M | 0.16% |
19,710
+10,174
| +107% | +$982K |
2015 Q4
1 quarter
|
|
169
KeyCorp
KEY
$22.3B
| $2.03M | 0.16% |
+183,899
| New | +$2.05M |
2016 Q1
0 quarters
|
|
170
Pultegroup
PHM
$23.8B
| $2.03M | 0.16% |
108,271
+43,607
| +67% | +$744K |
2015 Q4
1 quarter
|
|
171
Elevance Health
ELV
$91.1B
| $2.01M | 0.16% |
14,469
+5,830
| +67% | +$779K |
2015 Q2
3 quarters
|
|
172
Lockheed Martin
LMT
$147B
| $2.01M | 0.16% |
+9,081
| New | +$1.95M |
2016 Q1
0 quarters
|
|
173
FirstEnergy
FE
$27.2B
| $2.01M | 0.16% |
55,819
-17,458
| -24% | -$587K |
2015 Q4
1 quarter
|
|
174
KB Home
KBH
$2.91B
| $2M | 0.16% |
139,973
+128,539
| +1,124% | +$1.5M |
2015 Q4
1 quarter
|
|
175
Paychex
PAYX
$39.9B
| $2M | 0.15% |
+36,992
| New | +$1.86M |
2016 Q1
0 quarters
|
|
Similar funds
Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.