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 | |
|---|---|---|---|---|---|---|---|
1751
BHP
BHP
$202B
| – | – |
-56,616
| Closed | -$2.24M | – |
|
1752
Brookdale Senior Living
BKD
$2.19B
| – | – |
-368,526
| Closed | -$2.47M | – |
|
1753
Blackbaud
BLKB
$2.44B
| – | – |
-17,740
| Closed | -$1.81M | – |
|
1754
BOK Financial
BOKF
$7.92B
| – | – |
-8,213
| Closed | -$813K | – |
|
1755
Boot Barn
BOOT
$4.12B
| – | – |
-63,600
| Closed | -$1.13M | – |
|
1756
Box
BOX
$5.99B
| – | – |
-159,745
| Closed | -$3.28M | – |
|
1757
Boston Scientific
BSX
$64.3B
| – | – |
-300,395
| Closed | -$8.21M | – |
|
1758
Burlington
BURL
$15.3B
| – | – |
-161,763
| Closed | -$21.5M | – |
|
1759
CACI
CACI
$14.2B
| – | – |
-9,966
| Closed | -$1.51M | – |
|
1760
Cal-Maine
CALM
$3.1B
| – | – |
-15,765
| Closed | -$689K | – |
|
1761
DELISTED
Carisma Therapeutics
CARM
| – | – |
-1,914
| Closed | -$40K | – |
|
1762
Cracker Barrel
CBRL
$1.5B
| – | – |
-42,360
| Closed | -$6.74M | – |
|
1763
Cabot Corp
CBT
$3.69B
| – | – |
-8,634
| Closed | -$481K | – |
|
1764
Cibus
CBUS
$86.4M
| – | – |
-345
| Closed | -$227K | – |
|
1765
Carnival Corporation Ltd
CCL
$39.3B
| – | – |
-111,531
| Closed | -$7.31M | – |
|
1766
Cogent Communications
CCOI
$205M
| – | – |
-12,494
| Closed | -$542K | – |
|
1767
Central Garden & Pet Co Class A
CENTA
$2.53B
| – | – |
-14,354
| Closed | -$455K | – |
|
1768
CEVA Inc
CEVA
$730M
| – | – |
-6,589
| Closed | -$239K | – |
|
1769
Cognex
CGNX
$8.42B
| – | – |
-60,033
| Closed | -$3.12M | – |
|
1770
Choice Hotels
CHH
$5.29B
| – | – |
-4,270
| Closed | -$342K | – |
|
1771
Charter Communications
CHTR
$15.8B
| – | – |
-34,974
| Closed | -$10.9M | – |
|
1772
Cleveland-Cliffs
CLF
$7.22B
| – | – |
-18,342
| Closed | -$127K | – |
|
1773
Compass Minerals
CMP
$946M
| – | – |
-4,425
| Closed | -$267K | – |
|
1774
Comtech Telecommunications
CMTL
$36.2M
| – | – |
-12,035
| Closed | -$360K | – |
|
1775
Canadian Natural Resources
CNQ
$101B
| – | – |
-50,542
| Closed | -$779K | – |
|
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.