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 | |
|---|---|---|---|---|---|---|---|
1801
Dorman Products
DORM
$3.9B
| – | – |
-5,311
| Closed | -$352K | – |
|
1802
Dover
DOV
$27.9B
| – | – |
-233,342
| Closed | -$18.5M | – |
|
1803
Diamondrock Hospitality Co
DRH
$2.95B
| – | – |
-55,685
| Closed | -$581K | – |
|
1804
DaVita
DVA
$11B
| – | – |
-331,579
| Closed | -$21.9M | – |
|
1805
Devon Energy
DVN
$53.1B
| – | – |
-335,210
| Closed | -$10.7M | – |
|
1806
Dycom Industries
DY
$6.68B
| – | – |
-6,816
| Closed | -$734K | – |
|
|
AXIA
1807
DELISTED
AXIA Energia
AXIA
| – | – |
-28,125
| Closed | -$141K | – |
|
1808
iShares MSCI Chile ETF
ECH
$807M
| – | – |
-7,879
| Closed | -$418K | – |
|
1809
Ecovyst
ECVT
$1.19B
| – | – |
-17,241
| Closed | -$241K | – |
|
1810
Euronet Worldwide
EEFT
$2.61B
| – | – |
-14,078
| Closed | -$1.11M | – |
|
|
1811
iShares MSCI EAFE ETF
EFA
$77.3B
| – | – |
-680,092
| Closed | -$47.4M | – |
|
1812
Eagle Bancorp
EGBN
$1.05B
| – | – |
-3,523
| Closed | -$211K | – |
|
1813
DELISTED
Elme Communities
ELME
| – | – |
-13,400
| Closed | -$366K | – |
|
1814
Emcor
EME
$28.9B
| – | – |
-24,000
| Closed | -$1.87M | – |
|
1815
Enbridge
ENB
$106B
| – | – |
-23,347
| Closed | -$735K | – |
|
1816
Enovis
ENOV
$1.6B
| – | – |
-44,460
| Closed | -$2.44M | – |
|
1817
Enphase Energy
ENPH
$3.45B
| – | – |
-20,549
| Closed | -$94K | – |
|
1818
Energizer
ENR
$1.65B
| – | – |
-5,511
| Closed | -$328K | – |
|
1819
EnerSys
ENS
$5.09B
| – | – |
-5,164
| Closed | -$358K | – |
|
1820
Edgewell Personal Care
EPC
$1.26B
| – | – |
-48,612
| Closed | -$2.37M | – |
|
1821
iShares MSCI Philippines ETF
EPHE
$139M
| – | – |
-8,595
| Closed | -$300K | – |
|
1822
Equinix
EQIX
$104B
| – | – |
-5,212
| Closed | -$2.18M | – |
|
1823
Energy Recovery
ERII
$369M
| – | – |
-17,663
| Closed | -$145K | – |
|
1824
Essent Group
ESNT
$5.68B
| – | – |
-53,020
| Closed | -$2.26M | – |
|
1825
Ethan Allen Interiors
ETD
$441M
| – | – |
-37,400
| Closed | -$858K | – |
|
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.