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 | 12.54% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Teradyne
TER
$42.8B
| $8.63M | 0.17% |
231,498
+201,144
| +663% | +$6.96M |
2016 Q4
3 quarters
|
|
152
Nike
NKE
$57.4B
| $8.58M | 0.17% |
165,554
-305,921
| -65% | -$17.2M |
2017 Q1
2 quarters
|
|
153
Motorola Solutions
MSI
$81.3B
| $8.55M | 0.16% |
100,756
+88,861
| +747% | +$7.78M |
2015 Q4
7 quarters
|
|
154
Lumen Technologies, Inc. Common Stock
LUMN
$5.03B
| $8.54M | 0.16% |
451,791
+299,094
| +196% | +$6.3M |
2017 Q2
1 quarter
|
|
155
CVS Health
CVS
$115B
| $8.51M | 0.16% |
+104,620
| New | +$8.28M |
2017 Q3
0 quarters
|
|
156
DELISTED
Pioneer Natural Resource Co.
PXD
| $8.51M | 0.16% |
57,660
+49,260
| +586% | +$7.08M |
2015 Q4
7 quarters
|
|
157
Chubb
CB
$139B
| $8.49M | 0.16% |
59,533
+57,178
| +2,428% | +$8.27M |
2017 Q2
1 quarter
|
|
158
Tractor Supply
TSCO
$17.7B
| $8.44M | 0.16% |
666,650
-87,025
| -12% | -$987K |
2017 Q1
2 quarters
|
|
159
DELISTED
Berry Global Group, Inc.
BERY
| $8.43M | 0.16% |
162,136
-68,929
| -30% | -$3.6M |
2016 Q4
3 quarters
|
|
160
CenterPoint Energy
CNP
$28.1B
| $8.38M | 0.16% |
286,791
+155,521
| +118% | +$4.49M |
2016 Q4
3 quarters
|
|
161
Paychex
PAYX
$39.9B
| $8.35M | 0.16% |
139,279
-62,904
| -31% | -$3.59M |
2016 Q3
4 quarters
|
|
162
Lennar Class A
LEN
$20.7B
| $8.34M | 0.16% |
165,980
+90,334
| +119% | +$4.5M |
2015 Q4
7 quarters
|
|
163
DELISTED
Hologic
HOLX
| $8.34M | 0.16% |
227,210
-115,538
| -34% | -$4.66M |
2015 Q4
7 quarters
|
|
164
iShares TIPS Bond ETF
TIP
$14.6B
| $8.32M | 0.16% |
+73,269
| New | +$8.34M |
2017 Q3
0 quarters
|
|
165
Deckers Outdoor
DECK
$10.9B
| $8.32M | 0.16% |
729,312
+615,138
| +539% | +$6.63M |
2017 Q2
1 quarter
|
|
166
Baker Hughes
BKR
$54.8B
| $8.27M | 0.16% |
+225,830
| New | +$8.02M |
2017 Q3
0 quarters
|
|
167
Northern Trust
NTRS
$30.6B
| $8.26M | 0.16% |
89,888
+42,705
| +91% | +$3.86M |
2017 Q2
1 quarter
|
|
168
DXC Technology
DXC
$2.33B
| $8.25M | 0.16% |
111,073
+15,023
| +16% | +$1.07M |
2017 Q2
1 quarter
|
|
|
SCG
169
DELISTED
Scana
SCG
| $8.24M | 0.16% |
169,840
+59,426
| +54% | +$3.64M |
2016 Q2
5 quarters
|
|
|
LLL
170
DELISTED
L3 Technologies, Inc.
LLL
| $8.14M | 0.16% |
43,174
-16,903
| -28% | -$3.03M |
2015 Q3
8 quarters
|
|
171
Toll Brothers
TOL
$13.4B
| $8.13M | 0.16% |
195,943
+127,877
| +188% | +$5.03M |
2017 Q2
1 quarter
|
|
172
Waste Management
WM
$92.8B
| $8.11M | 0.16% |
103,589
-72,445
| -41% | -$5.5M |
2016 Q3
4 quarters
|
|
|
AKRX
173
DELISTED
Akorn Inc
AKRX
| $8.1M | 0.16% |
244,050
+26,011
| +12% | +$864K |
2017 Q1
2 quarters
|
|
174
Pentair
PNR
$10.6B
| $8.08M | 0.16% |
177,009
+166,535
| +1,590% | +$7.15M |
2016 Q4
3 quarters
|
|
|
QVCGA
175
DELISTED
QVC Group Inc Series A
QVCGA
| $8.04M | 0.15% |
7,025
-1,810
| -20% | -$2.03M |
2015 Q4
7 quarters
|
|
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.