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 MSCI Taiwan ETF
EWT
|
+$102M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$85.3M |
| 3 |
Intuit
INTU
|
+$76.5M |
| 4 |
Home Depot
HD
|
+$71.6M |
| 5 |
Cigna
CI
|
+$44.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$119M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$69M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$51.1M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$47.4M |
| 5 |
iShares MSCI India ETF
INDA
|
+$47.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17% |
| 2 | Financials | 13.53% |
| 3 | Healthcare | 13.33% |
| 4 | Technology | 13.18% |
| 5 | Industrials | 11.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Xcel Energy
XEL
$51.2B
| $13.9M | 0.18% |
304,917
+86,685
| +40% | +$3.88M |
2017 Q3
3 quarters
|
|
152
O'Reilly Automotive
ORLY
$71.6B
| $13.9M | 0.18% |
762,675
+150,990
| +25% | +$2.63M |
2018 Q1
1 quarter
|
|
|
PE
153
DELISTED
PARSLEY ENERGY INC
PE
| $13.8M | 0.18% |
+454,817
| New | +$13.4M |
2018 Q2
0 quarters
|
|
154
Hartford Financial Services
HIG
$36.4B
| $13.7M | 0.18% |
267,697
-24,915
| -9% | -$1.31M |
2015 Q4
10 quarters
|
|
155
Alexandria Real Estate Equities
ARE
$7.72B
| $13.6M | 0.18% |
107,567
+105,679
| +5,597% | +$13.2M |
2018 Q1
1 quarter
|
|
156
Cadence Design Systems
CDNS
$90.8B
| $13.2M | 0.17% |
304,317
-115,460
| -28% | -$4.75M |
2016 Q4
6 quarters
|
|
157
DELISTED
CATALENT, INC.
CTLT
| $13.2M | 0.17% |
+314,589
| New | +$12.7M |
2018 Q2
0 quarters
|
|
158
A.O. Smith
AOS
$8.55B
| $13.1M | 0.17% |
221,791
+208,746
| +1,600% | +$13.2M |
2018 Q1
1 quarter
|
|
159
Bank of America
BAC
$349B
| $13.1M | 0.17% |
465,241
-140,815
| -23% | -$4.2M |
2018 Q1
1 quarter
|
|
160
RingCentral
RNG
$6.03B
| $13.1M | 0.17% |
186,416
+181,436
| +3,643% | +$13M |
2018 Q1
1 quarter
|
|
161
Pultegroup
PHM
$24.8B
| $13.1M | 0.17% |
456,058
+360,448
| +377% | +$10.8M |
2017 Q3
3 quarters
|
|
162
Ulta Beauty
ULTA
$28.2B
| $13.1M | 0.17% |
56,164
-72,246
| -56% | -$17.4M |
2015 Q4
10 quarters
|
|
163
DELISTED
Exact Sciences
EXAS
| $13.1M | 0.17% |
+219,091
| New | +$11.8M |
2018 Q2
0 quarters
|
|
164
Grand Canyon Education
LOPE
$2.93B
| $13M | 0.17% |
116,847
+114,547
| +4,980% | +$12.6M |
2018 Q1
1 quarter
|
|
165
IQVIA
IQV
$45.4B
| $13M | 0.17% |
130,174
-12,110
| -9% | -$1.21M |
2016 Q4
6 quarters
|
|
166
American Eagle Outfitters
AEO
$3.61B
| $13M | 0.17% |
557,644
-152,152
| -21% | -$3.38M |
2017 Q2
4 quarters
|
|
167
Zions Bancorporation
ZION
$9.5B
| $13M | 0.17% |
246,056
+230,985
| +1,533% | +$12.7M |
2017 Q3
3 quarters
|
|
168
M&T Bank
MTB
$31.7B
| $12.9M | 0.17% |
75,584
+67,384
| +822% | +$12.1M |
2017 Q1
5 quarters
|
|
|
169
iShares MSCI India ETF
INDA
$6.4B
| $12.8M | 0.17% |
384,336
-1,395,108
| -78% | -$47.3M |
2018 Q1
1 quarter
|
|
|
ESV
170
DELISTED
Ensco Rowan plc
ESV
| $12.8M | 0.17% |
+439,926
| New | +$10.8M |
2018 Q2
0 quarters
|
|
171
Texas Capital Bancshares, Inc. Common Stock, par value $0.01 per share
TXCP
$4.36B
| $12.7M | 0.17% |
138,512
+113,815
| +461% | +$11M |
2018 Q1
1 quarter
|
|
172
Phillips 66
PSX
$96.9B
| $12.7M | 0.17% |
112,718
+48,123
| +74% | +$5.41M |
2016 Q4
6 quarters
|
|
173
Principal Financial Group
PFG
$24.6B
| $12.6M | 0.17% |
238,141
+2,443
| +1% | +$142K |
2017 Q2
4 quarters
|
|
174
Chevron
CVX
$408B
| $12.6M | 0.17% |
99,598
+88,467
| +795% | +$11M |
2016 Q4
6 quarters
|
|
175
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.29B
| $12.6M | 0.17% |
473,873
+405,313
| +591% | +$12M |
2018 Q1
1 quarter
|
|
Similar funds
Squarepoint's Q2 2018 Portfolio in Review
As of Q2 2018, Squarepoint held 2,269 positions worth $7.55B, up 20% from $6.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Squarepoint deployed $1.17B of net new capital in Q2 2018, opening 635 new positions and adding to 628 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI India ETF, an estimated $47.3M trimmed.
- Squarepoint's largest Q2 2018 buy was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
- Squarepoint added most to iShares MSCI Taiwan ETF in Q2 2018, an estimated $102M increase.
- Squarepoint's biggest Q2 2018 reduction was iShares MSCI India ETF, cutting an estimated $47.3M.
- Squarepoint fully exited iShares MSCI Brazil ETF in Q2 2018, selling an estimated $119M.
- Squarepoint's ten largest holdings make up 9.4% of its $7.55B portfolio in Q2 2018.
- Squarepoint opened 635 new positions and closed 556 in Q2 2018.
- Squarepoint's portfolio value rose 20% quarter-over-quarter to $7.55B.
Based on Squarepoint's 13F filing for Q2 2018, filed 14 Aug 2018.