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 | |
|---|---|---|---|---|---|---|---|
1876
Teleflex
TFX
$6.56B
| – | – |
-5,450
| Closed | -$1.13M | – |
|
1877
DELISTED
Triumph Group
TGI
| – | – |
-76,693
| Closed | -$2.42M | – |
|
1878
DELISTED
Treehouse Foods
THS
| – | – |
-10,282
| Closed | -$840K | – |
|
1879
Interface
TILE
$1.85B
| – | – |
-20,275
| Closed | -$398K | – |
|
1880
Tandem Diabetes Care
TNDM
$1.27B
| – | – |
-1,165
| Closed | -$9K | – |
|
1881
Travel + Leisure Co
TNL
$4.72B
| – | – |
-39,562
| Closed | -$1.79M | – |
|
1882
Trex
TREX
$5.87B
| – | – |
-29,432
| Closed | -$498K | – |
|
1883
Thomson Reuters
TRI
$46.9B
| – | – |
-268,159
| Closed | -$14.4M | – |
|
1884
Tronox
TROX
$433M
| – | – |
-72,426
| Closed | -$1.1M | – |
|
1885
trivago
TRVG
$259M
| – | – |
-11,139
| Closed | -$1.32M | – |
|
1886
TSMC
TSM
$2.02T
| – | – |
-201,806
| Closed | -$7.06M | – |
|
1887
Trade Desk
TTD
$7.06B
| – | – |
-67,500
| Closed | -$338K | – |
|
1888
TTM Technologies
TTMI
$7.94B
| – | – |
-59,965
| Closed | -$1.04M | – |
|
1889
Take-Two Interactive
TTWO
$38.8B
| – | – |
-182,168
| Closed | -$13.4M | – |
|
1890
Ternium
TX
$10.1B
| – | – |
-18,058
| Closed | -$507K | – |
|
1891
Texas Instruments
TXN
$270B
| – | – |
-307,526
| Closed | -$23.7M | – |
|
1892
U-Haul Holding Co
UHAL
$11B
| – | – |
-20,020
| Closed | -$733K | – |
|
1893
Universal Health Services
UHS
$11.6B
| – | – |
-2,400
| Closed | -$293K | – |
|
1894
Ubiquiti
UI
$41.5B
| – | – |
-6,686
| Closed | -$347K | – |
|
1895
Uniti Group
UNIT
$1.07B
| – | – |
-19,632
| Closed | -$494K | – |
|
1896
Upbound Group
UPBD
$1.44B
| – | – |
-101,388
| Closed | -$1.19M | – |
|
1897
United Rentals
URI
$69.9B
| – | – |
-61,008
| Closed | -$6.88M | – |
|
1898
US Bancorp
USB
$95B
| – | – |
-141,266
| Closed | -$7.34M | – |
|
1899
Universal Corp
UVV
$965M
| – | – |
-6,498
| Closed | -$420K | – |
|
1900
Marriott Vacations Worldwide
VAC
$3.96B
| – | – |
-5,941
| Closed | -$700K | – |
|
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.