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 China Large-Cap ETF
FXI
|
+$40.5M |
| 2 |
S&P Global
SPGI
|
+$30.2M |
| 3 |
Medtronic
MDT
|
+$25.3M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$23.2M |
| 5 |
Northrop Grumman
NOC
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.7M |
| 2 |
Conagra Brands
CAG
|
+$20.3M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$20M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$18.2M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 13.74% |
| 2 | Healthcare | 12.91% |
| 3 | Technology | 11.18% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Industrials | 10.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1726
Verastem
VSTM
$1.1B
| $22K | ﹤0.01% |
+1,650
| New | +$24.6K |
2016 Q4
0 quarters
|
|
1727
DELISTED
Catalyst Pharmaceutical
CPRX
| $19K | ﹤0.01% |
+18,000
| New | +$20.6K |
2016 Q4
0 quarters
|
|
1728
Option Care Health
OPCH
$4.75B
| $19K | ﹤0.01% |
+4,613
| New | +$35.4K |
2016 Q4
0 quarters
|
|
1729
EyePoint Inc
EYPT
$34.8M
| $18K | ﹤0.01% |
+1,040
| New | +$21.1K |
2016 Q4
0 quarters
|
|
1730
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $13K | ﹤0.01% |
+3,250
| New | +$15.1K |
2016 Q4
0 quarters
|
|
|
SNMX
1731
DELISTED
Senomyx, Inc.
SNMX
| $12K | ﹤0.01% |
+12,252
| New | +$20.2K |
2016 Q4
0 quarters
|
|
1732
Advance Auto Parts
AAP
$2.77B
| – | – |
-3,521
| Closed | -$525K | – |
|
1733
AbbVie
ABBV
$518B
| – | – |
-50,985
| Closed | -$3.22M | – |
|
1734
Adobe
ADBE
$92.1B
| – | – |
-2,998
| Closed | -$325K | – |
|
1735
Automatic Data Processing
ADP
$119B
| – | – |
-20,417
| Closed | -$1.8M | – |
|
1736
Ameren
AEE
$31.6B
| – | – |
-35,029
| Closed | -$1.72M | – |
|
1737
American Financial Group
AFG
$13.1B
| – | – |
-4,898
| Closed | -$367K | – |
|
1738
iShares Core US Aggregate Bond ETF
AGG
$138B
| – | – |
-30,651
| Closed | -$3.45M | – |
|
1739
AAR Corp
AIR
$4.69B
| – | – |
-15,176
| Closed | -$475K | – |
|
1740
Arthur J. Gallagher & Co
AJG
$72B
| – | – |
-4,094
| Closed | -$208K | – |
|
1741
Albemarle
ALB
$11.2B
| – | – |
-15,219
| Closed | -$1.3M | – |
|
1742
Allegiant Air
ALGT
$2.59B
| – | – |
-10,438
| Closed | -$1.38M | – |
|
1743
Alaska Air
ALK
$4.68B
| – | – |
-16,332
| Closed | -$1.08M | – |
|
1744
Alkermes
ALKS
$7.81B
| – | – |
-26,100
| Closed | -$1.23M | – |
|
1745
Affiliated Managers Group
AMG
$10.4B
| – | – |
-1,981
| Closed | -$287K | – |
|
1746
Amphastar Pharmaceuticals
AMPH
$1.25B
| – | – |
-14,049
| Closed | -$267K | – |
|
1747
DELISTED
American Woodmark
AMWD
| – | – |
-4,375
| Closed | -$352K | – |
|
1748
America Movil
AMX
$77.8B
| – | – |
-22,344
| Closed | -$256K | – |
|
1749
Amazon
AMZN
$2.93T
| – | – |
-33,360
| Closed | -$1.4M | – |
|
1750
AutoNation
AN
$5.95B
| – | – |
-5,243
| Closed | -$255K | – |
|
Similar funds
Squarepoint's Q4 2016 Portfolio in Review
As of Q4 2016, Squarepoint held 2,060 positions worth $2.44B, up 62% from $1.51B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Squarepoint deployed $913M of net new capital in Q4 2016, opening 1,079 new positions and adding to 424 existing holdings. Its largest new stake was S&P Global: 252,484 shares worth $27.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Conagra Brands, an estimated $20.3M trimmed.
- Squarepoint's largest Q4 2016 buy was S&P Global: 252,484 shares worth $27.2M.
- Squarepoint added most to iShares China Large-Cap ETF in Q4 2016, an estimated $40.5M increase.
- Squarepoint's biggest Q4 2016 reduction was Conagra Brands, cutting an estimated $20.3M.
- Squarepoint fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $63.7M.
- Squarepoint's ten largest holdings make up 9.6% of its $2.44B portfolio in Q4 2016.
- Squarepoint opened 1,079 new positions and closed 329 in Q4 2016.
- Squarepoint's portfolio value rose 62% quarter-over-quarter to $2.44B.
Based on Squarepoint's 13F filing for Q4 2016, filed 14 Feb 2017.