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 | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1801
DELISTED
ODP
ODP
| – | – |
-66,588
| Closed | -$3.76M | – |
|
1802
Omnicom Group
OMC
$24.3B
| – | – |
-49,600
| Closed | -$4.11M | – |
|
1803
ON Semiconductor
ON
$26.9B
| – | – |
-210,986
| Closed | -$2.96M | – |
|
1804
Ooma
OOMA
$502M
| – | – |
-13,003
| Closed | -$104K | – |
|
1805
OSI Systems
OSIS
$3.17B
| – | – |
-2,840
| Closed | -$213K | – |
|
1806
Oxford Lane Capital
OXLC
$498M
| – | – |
-4,580
| Closed | -$227K | – |
|
1807
Penske Automotive Group
PAG
$14B
| – | – |
-13,848
| Closed | -$608K | – |
|
1808
Paycom
PAYC
$10.5B
| – | – |
-9,300
| Closed | -$636K | – |
|
1809
Prosperity Bancshares
PB
$8.72B
| – | – |
-81,428
| Closed | -$5.23M | – |
|
1810
PBF Energy
PBF
$8.24B
| – | – |
-33,534
| Closed | -$746K | – |
|
1811
DELISTED
Potbelly
PBPB
| – | – |
-14,722
| Closed | -$169K | – |
|
1812
PACCAR
PCAR
$55.7B
| – | – |
-120,200
| Closed | -$5.29M | – |
|
1813
Public Service Enterprise Group
PEG
$37.4B
| – | – |
-47,900
| Closed | -$2.06M | – |
|
1814
PetMed Express
PETS
$27.1M
| – | – |
-28,094
| Closed | -$1.14M | – |
|
1815
iShares Preferred and Income Securities ETF
PFF
$11.7B
| – | – |
-12,259
| Closed | -$480K | – |
|
1816
Procter & Gamble
PG
$390B
| – | – |
-43,817
| Closed | -$3.82M | – |
|
1817
Park Hotels & Resorts
PK
$3.33B
| – | – |
-147,836
| Closed | -$3.99M | – |
|
1818
DELISTED
Playa Hotels & Resorts
PLYA
| – | – |
-14,800
| Closed | -$177K | – |
|
1819
Plexus
PLXS
$5.48B
| – | – |
-4,628
| Closed | -$243K | – |
|
1820
Power Integrations
POWI
$2.48B
| – | – |
-14,916
| Closed | -$544K | – |
|
1821
Permian Resources
PR
$18B
| – | – |
-41,429
| Closed | -$655K | – |
|
1822
DELISTED
ProAssurance
PRA
| – | – |
-16,905
| Closed | -$1.03M | – |
|
1823
Primoris Services
PRIM
$3.74B
| – | – |
-10,793
| Closed | -$269K | – |
|
1824
Pearson
PSO
$10.3B
| – | – |
-21,906
| Closed | -$196K | – |
|
1825
PTC Therapeutics
PTCT
$5.43B
| – | – |
-21,049
| Closed | -$386K | – |
|
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.