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 | |
|---|---|---|---|---|---|---|---|
1851
SiteOne Landscape Supply
SITE
$4.93B
| – | – |
-13,100
| Closed | -$682K | – |
|
1852
J.M. Smucker
SJM
$14.2B
| – | – |
-149,814
| Closed | -$17.7M | – |
|
1853
Skywest
SKYW
$3.18B
| – | – |
-9,542
| Closed | -$335K | – |
|
1854
Silicon Laboratories
SLAB
$7.39B
| – | – |
-10,413
| Closed | -$712K | – |
|
1855
SLM Corp
SLM
$3.17B
| – | – |
-156,888
| Closed | -$1.8M | – |
|
1856
SELLAS Life Sciences
SLS
$1.67B
| – | – |
-14
| Closed | -$12K | – |
|
1857
DELISTED
Sleep Number
SNBR
| – | – |
-71,682
| Closed | -$2.54M | – |
|
1858
Smith & Nephew
SNN
$13.1B
| – | – |
-8,400
| Closed | -$293K | – |
|
1859
TD Synnex
SNX
$19.6B
| – | – |
-11,854
| Closed | -$711K | – |
|
1860
Southern Company
SO
$109B
| – | – |
-324,859
| Closed | -$15.6M | – |
|
1861
Sonoco
SON
$4.88B
| – | – |
-12,141
| Closed | -$624K | – |
|
1862
SiriusPoint
SPNT
$3.13B
| – | – |
-12,500
| Closed | -$174K | – |
|
1863
STAG Industrial
STAG
$7.12B
| – | – |
-19,500
| Closed | -$538K | – |
|
1864
Stewart Information Services
STC
$1.31B
| – | – |
-8,024
| Closed | -$364K | – |
|
|
STKL
1865
DELISTED
SunOpta
STKL
| – | – |
-11,304
| Closed | -$115K | – |
|
1866
Sterling Infrastructure
STRL
$9.42B
| – | – |
-13,700
| Closed | -$179K | – |
|
1867
Stanley Black & Decker
SWK
$17.1B
| – | – |
-72,674
| Closed | -$10.2M | – |
|
1868
Southwest Gas
SWX
$6.77B
| – | – |
-11,695
| Closed | -$854K | – |
|
1869
Stryker
SYK
$120B
| – | – |
-4,766
| Closed | -$661K | – |
|
1870
AT&T
T
$150B
| – | – |
-244,575
| Closed | -$6.97M | – |
|
1871
Alaunos Therapeutics
TCRT
$4.06M
| – | – |
-385
| Closed | -$359K | – |
|
1872
Teradata
TDC
$3.13B
| – | – |
-119,619
| Closed | -$3.53M | – |
|
1873
Teladoc Health
TDOC
$1.6B
| – | – |
-10,400
| Closed | -$361K | – |
|
1874
Tidewater
TDW
$3.91B
| – | – |
-2,545
| Closed | -$59K | – |
|
1875
TFS Financial
TFSL
$4.58B
| – | – |
-19,287
| Closed | -$298K | – |
|
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.