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 | |
|---|---|---|---|---|---|---|---|
1826
Patterson-UTI
PTEN
$3.74B
| – | – |
-147,702
| Closed | -$2.98M | – |
|
1827
QuidelOrtho
QDEL
$830M
| – | – |
-14,483
| Closed | -$393K | – |
|
1828
Quantum Corp
QMCO
$670M
| – | – |
-1,039
| Closed | -$162K | – |
|
1829
Restaurant Brands International
QSR
$27B
| – | – |
-3,444
| Closed | -$215K | – |
|
1830
Q2 Holdings
QTWO
$4.59B
| – | – |
-6,300
| Closed | -$233K | – |
|
1831
Radian Group
RDN
$4.75B
| – | – |
-86,377
| Closed | -$1.41M | – |
|
1832
DELISTED
Radius Recycling
RDUS
| – | – |
-47,048
| Closed | -$1.19M | – |
|
1833
REX American Resources
REX
$1.34B
| – | – |
-47,214
| Closed | -$760K | – |
|
1834
Reinsurance Group of America
RGA
$17.4B
| – | – |
-2,872
| Closed | -$369K | – |
|
1835
Sturm, Ruger & Co
RGR
$813M
| – | – |
-4,296
| Closed | -$267K | – |
|
1836
RenaissanceRe
RNR
$14.1B
| – | – |
-3,167
| Closed | -$440K | – |
|
1837
Gibraltar Industries
ROCK
$1.01B
| – | – |
-9,185
| Closed | -$327K | – |
|
1838
Red Robin
RRGB
$161M
| – | – |
-5,240
| Closed | -$342K | – |
|
1839
RTX Corp
RTX
$265B
| – | – |
-185,484
| Closed | -$14.3M | – |
|
1840
Rayonier
RYN
$6.46B
| – | – |
-10,551
| Closed | -$275K | – |
|
1841
Safehold
SAFE
$755M
| – | – |
-6,354
| Closed | -$372K | – |
|
1842
Safe Bulkers
SB
$822M
| – | – |
-74,100
| Closed | -$170K | – |
|
1843
Starbucks
SBUX
$125B
| – | – |
-4,241
| Closed | -$247K | – |
|
1844
Scholastic
SCHL
$684M
| – | – |
-5,577
| Closed | -$243K | – |
|
1845
Shoe Station Group
SHOE
$420M
| – | – |
-32,352
| Closed | -$338K | – |
|
1846
Sunstone Hotel Investors
SHO
$2.35B
| – | – |
-12,509
| Closed | -$202K | – |
|
1847
Steven Madden
SHOO
$3.13B
| – | – |
-41,853
| Closed | -$1.12M | – |
|
1848
Shopify
SHOP
$196B
| – | – |
-96,000
| Closed | -$834K | – |
|
1849
Sherwin-Williams
SHW
$86.5B
| – | – |
-72,864
| Closed | -$8.52M | – |
|
1850
Selective Insurance
SIGI
$5.99B
| – | – |
-5,533
| Closed | -$277K | – |
|
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.