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 Core MSCI Emerging Markets ETF
IEMG
|
+$179M |
| 2 |
Intuit
INTU
|
+$36.9M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.2M |
| 4 |
Altria Group
MO
|
+$32.6M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$25.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares China Large-Cap ETF
FXI
|
+$43.3M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$22.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$20.2M |
| 4 |
Lockheed Martin
LMT
|
+$18M |
| 5 |
Starbucks
SBUX
|
+$16.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.09% |
| 2 | Technology | 13.06% |
| 3 | Healthcare | 11.75% |
| 4 | Industrials | 11.74% |
| 5 | Consumer Discretionary | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Best Buy
BBY
$22.1B
| $5.67M | 0.16% |
115,299
+20,912
| +22% | +$934K |
2016 Q4
1 quarter
|
|
152
American Electric Power
AEP
$70.4B
| $5.61M | 0.15% |
83,534
+50,123
| +150% | +$3.25M |
2015 Q3
6 quarters
|
|
153
Fortive
FTV
$20.2B
| $5.61M | 0.15% |
147,678
-22,849
| -13% | -$819K |
2016 Q3
2 quarters
|
|
|
SCG
154
DELISTED
Scana
SCG
| $5.6M | 0.15% |
85,661
+73,067
| +580% | +$5.04M |
2016 Q2
3 quarters
|
|
155
Abbott
ABT
$189B
| $5.53M | 0.15% |
124,528
+49,108
| +65% | +$2.12M |
2016 Q4
1 quarter
|
|
156
Acuity Brands
AYI
$10B
| $5.51M | 0.15% |
27,001
+14,787
| +121% | +$3.12M |
2016 Q4
1 quarter
|
|
157
Zimmer Biomet
ZBH
$20.3B
| $5.48M | 0.15% |
46,188
-14,818
| -24% | -$1.68M |
2015 Q1
8 quarters
|
|
158
KLA
KLAC
$210B
| $5.46M | 0.15% |
574,220
-632,350
| -52% | -$5.57M |
2016 Q1
4 quarters
|
|
159
Huntington Ingalls Industries
HII
$12.4B
| $5.45M | 0.15% |
+27,198
| New | +$5.53M |
2017 Q1
0 quarters
|
|
160
Akamai
AKAM
$12.5B
| $5.42M | 0.15% |
+90,785
| New | +$5.97M |
2017 Q1
0 quarters
|
|
|
GXP
161
DELISTED
Great Plains Energy Incorporated
GXP
| $5.41M | 0.15% |
185,043
+63,052
| +52% | +$1.77M |
2016 Q1
4 quarters
|
|
|
PE
162
DELISTED
PARSLEY ENERGY INC
PE
| $5.37M | 0.15% |
165,300
+87,753
| +113% | +$2.9M |
2016 Q1
4 quarters
|
|
163
DELISTED
Hologic
HOLX
| $5.34M | 0.15% |
125,511
+79,684
| +174% | +$3.25M |
2015 Q4
5 quarters
|
|
164
Antero Resources
AR
$11.7B
| $5.25M | 0.14% |
230,300
+205,126
| +815% | +$5.02M |
2016 Q4
1 quarter
|
|
165
Timken Company
TKR
$7.59B
| $5.24M | 0.14% |
116,031
+97,275
| +519% | +$4.29M |
2015 Q2
7 quarters
|
|
166
DELISTED
Warner Bros
WBD
| $5.21M | 0.14% |
178,969
+136,469
| +321% | +$3.83M |
2015 Q3
6 quarters
|
|
167
Carter's
CRI
$1.27B
| $5.16M | 0.14% |
57,513
+52,999
| +1,174% | +$4.57M |
2016 Q4
1 quarter
|
|
168
ScottsMiracle-Gro
SMG
$3.79B
| $5.05M | 0.14% |
54,122
+43,946
| +432% | +$4.07M |
2016 Q2
3 quarters
|
|
169
DELISTED
Foot Locker
FL
| $4.95M | 0.14% |
66,122
+18,907
| +40% | +$1.36M |
2016 Q4
1 quarter
|
|
170
DELISTED
Kellanova
K
| $4.95M | 0.14% |
72,538
+35,363
| +95% | +$2.44M |
2016 Q1
4 quarters
|
|
171
PVH
PVH
$4.25B
| $4.9M | 0.14% |
47,373
-31,029
| -40% | -$2.87M |
2015 Q3
6 quarters
|
|
172
State Street Industrial Select Sector SPDR ETF
XLI
$31.3B
| $4.9M | 0.14% |
75,272
-39,468
| -34% | -$2.55M |
2016 Q4
1 quarter
|
|
173
FMC
FMC
$879M
| $4.9M | 0.14% |
+81,114
| New | +$4.19M |
2017 Q1
0 quarters
|
|
174
Darden Restaurants
DRI
$25.9B
| $4.89M | 0.13% |
58,410
-103,639
| -64% | -$7.76M |
2015 Q1
8 quarters
|
|
175
DELISTED
Southwestern Energy Company
SWN
| $4.88M | 0.13% |
597,917
+473,338
| +380% | +$4.1M |
2016 Q4
1 quarter
|
|
Similar funds
Squarepoint's Q1 2017 Portfolio in Review
As of Q1 2017, Squarepoint held 2,234 positions worth $3.63B, up 48% from $2.44B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Squarepoint deployed $976M of net new capital in Q1 2017, opening 503 new positions and adding to 514 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
By sector, the portfolio is most concentrated in Miscellaneous at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $20.2M trimmed.
- Squarepoint's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
- Squarepoint added most to Intuit in Q1 2017, an estimated $36.9M increase.
- Squarepoint's biggest Q1 2017 reduction was Meta Platforms (Facebook), cutting an estimated $20.2M.
- Squarepoint fully exited iShares China Large-Cap ETF in Q1 2017, selling an estimated $43.3M.
- Squarepoint's ten largest holdings make up 14% of its $3.63B portfolio in Q1 2017.
- Squarepoint opened 503 new positions and closed 757 in Q1 2017.
- Squarepoint's portfolio value rose 48% quarter-over-quarter to $3.63B.
Based on Squarepoint's 13F filing for Q1 2017, filed 15 May 2017.