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 |
Amazon
AMZN
|
+$97.9M |
| 2 |
CELG
Celgene Corp
CELG
|
+$93.9M |
| 3 |
VF Corp
VFC
|
+$71.9M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$69.6M |
| 5 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$63.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar General
DG
|
+$113M |
| 2 |
TJX Companies
TJX
|
+$95.9M |
| 3 |
Yum! Brands
YUM
|
+$87.7M |
| 4 |
Colgate-Palmolive
CL
|
+$69.2M |
| 5 |
Walt Disney
DIS
|
+$68.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 21.12% |
| 2 | Technology | 12.66% |
| 3 | Financials | 11.33% |
| 4 | Healthcare | 10.97% |
| 5 | Miscellaneous | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
VAR
151
DELISTED
Varian Medical Systems, Inc.
VAR
| $16.2M | 0.16% |
+119,264
| New | +$15.9M |
2019 Q2
0 quarters
|
|
152
Las Vegas Sands
LVS
$25.3B
| $16.1M | 0.16% |
+272,412
| New | +$16.9M |
2019 Q2
0 quarters
|
|
153
Macy's
M
$6.45B
| $16M | 0.16% |
746,585
+260,355
| +54% | +$5.92M |
2018 Q4
2 quarters
|
|
154
Deckers Outdoor
DECK
$11.6B
| $16M | 0.16% |
544,860
+496,302
| +1,022% | +$12.9M |
2019 Q1
1 quarter
|
|
155
CSX Corp
CSX
$95.9B
| $15.9M | 0.15% |
+615,927
| New | +$15.9M |
2019 Q2
0 quarters
|
|
156
ServiceNow
NOW
$106B
| $15.8M | 0.15% |
287,230
+256,785
| +843% | +$13.5M |
2018 Q2
4 quarters
|
|
157
NiSource
NI
$22.1B
| $15.7M | 0.15% |
+546,200
| New | +$15.4M |
2019 Q2
0 quarters
|
|
158
Micron Technology
MU
$881B
| $15.7M | 0.15% |
+406,090
| New | +$15.5M |
2019 Q2
0 quarters
|
|
159
Invesco QQQ Trust
QQQ
$461B
| $15.4M | 0.15% |
82,489
-103,301
| -56% | -$19M |
2018 Q4
2 quarters
|
|
160
Brinker International
EAT
$8.24B
| $15.3M | 0.15% |
388,531
+162,704
| +72% | +$6.7M |
2018 Q2
4 quarters
|
|
161
Honeywell
HON
$70.6B
| $15.3M | 0.15% |
92,874
-211,805
| -70% | -$33.7M |
2015 Q3
15 quarters
|
|
162
Mastercard
MA
$576B
| $15.3M | 0.15% |
+57,770
| New | +$14.5M |
2019 Q2
0 quarters
|
|
163
F5
FFIV
$17.6B
| $15.2M | 0.15% |
104,600
+88,620
| +555% | +$13.3M |
2017 Q2
8 quarters
|
|
164
General Mills
GIS
$18.4B
| $15.2M | 0.15% |
289,072
+279,471
| +2,911% | +$14.4M |
2019 Q1
1 quarter
|
|
165
Carnival Corporation Ltd
CCL
$39.3B
| $15.1M | 0.15% |
+324,858
| New | +$17M |
2019 Q2
0 quarters
|
|
166
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $14.8M | 0.14% |
+240,414
| New | +$14.8M |
2019 Q2
0 quarters
|
|
167
SLB Ltd
SLB
$76.3B
| $14.7M | 0.14% |
370,969
-66,857
| -15% | -$2.7M |
2018 Q3
3 quarters
|
|
168
Citigroup
C
$205B
| $14.6M | 0.14% |
208,794
+107,706
| +107% | +$7.21M |
2018 Q4
2 quarters
|
|
169
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.24B
| $14.4M | 0.14% |
+376,414
| New | +$14.2M |
2019 Q2
0 quarters
|
|
170
Synchrony
SYF
$22.5B
| $14.3M | 0.14% |
412,842
+48,903
| +13% | +$1.66M |
2018 Q1
5 quarters
|
|
171
Cinemark Holdings
CNK
$4.73B
| $14.3M | 0.14% |
395,392
+273,332
| +224% | +$10.8M |
2018 Q1
5 quarters
|
|
|
DATA
172
DELISTED
Tableau Software, Inc.
DATA
| $14.2M | 0.14% |
85,755
+1,451
| +2% | +$191K |
2018 Q3
3 quarters
|
|
173
Herbalife
HLF
$1.67B
| $14.2M | 0.14% |
332,061
-119,945
| -27% | -$5.68M |
2017 Q2
8 quarters
|
|
174
Citizens Financial Group
CFG
$27.4B
| $14.2M | 0.14% |
400,302
+80,506
| +25% | +$2.81M |
2017 Q4
6 quarters
|
|
175
GE Aerospace
GE
$344B
| $14.2M | 0.14% |
+270,404
| New | +$13.3M |
2019 Q2
0 quarters
|
|
Similar funds
Squarepoint's Q2 2019 Portfolio in Review
As of Q2 2019, Squarepoint held 2,856 positions worth $10.3B, up 8.7% from $9.44B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
Squarepoint deployed $560M of net new capital in Q2 2019, opening 753 new positions and adding to 869 existing holdings. Its largest new stake was Celgene Corp: 988,338 shares worth $91.4M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 21% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dollar General, an estimated $113M trimmed.
- Squarepoint's largest Q2 2019 buy was Celgene Corp: 988,338 shares worth $91.4M.
- Squarepoint added most to Amazon in Q2 2019, an estimated $97.9M increase.
- Squarepoint's biggest Q2 2019 reduction was Dollar General, cutting an estimated $113M.
- Squarepoint fully exited iShares MSCI India ETF in Q2 2019, selling an estimated $55.7M.
- Squarepoint's ten largest holdings make up 9.3% of its $10.3B portfolio in Q2 2019.
- Squarepoint opened 753 new positions and closed 531 in Q2 2019.
- Squarepoint's portfolio value rose 8.7% quarter-over-quarter to $10.3B.
Based on Squarepoint's 13F filing for Q2 2019, filed 14 Aug 2019.