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 | |
|---|---|---|---|---|---|---|---|
1901
Visteon
VC
$1.93B
| – | – |
-14,886
| Closed | -$1.52M | – |
|
1902
Viavi Solutions
VIAV
$7.86B
| – | – |
-72,145
| Closed | -$760K | – |
|
1903
Vipshop
VIPS
$6.51B
| – | – |
-15,552
| Closed | -$164K | – |
|
1904
Telefônica Brasil
VIV
$18.6B
| – | – |
-35,600
| Closed | -$480K | – |
|
1905
Vulcan Materials
VMC
$37.1B
| – | – |
-1,801
| Closed | -$228K | – |
|
1906
Vodafone
VOD
$36.4B
| – | – |
-20,069
| Closed | -$577K | – |
|
1907
Viatris
VTRS
$23.5B
| – | – |
-21,614
| Closed | -$839K | – |
|
1908
Verizon
VZ
$191B
| – | – |
-88,046
| Closed | -$3.93M | – |
|
1909
WEC Energy
WEC
$38.5B
| – | – |
-88,422
| Closed | -$5.43M | – |
|
1910
Wendy's
WEN
$1.59B
| – | – |
-48,265
| Closed | -$749K | – |
|
1911
WEX
WEX
$6B
| – | – |
-2,786
| Closed | -$290K | – |
|
1912
Winnebago Industries
WGO
$905M
| – | – |
-40,737
| Closed | -$1.43M | – |
|
1913
Whirlpool
WHR
$2.1B
| – | – |
-2,700
| Closed | -$517K | – |
|
1914
WIX.com
WIX
$2.92B
| – | – |
-8,071
| Closed | -$562K | – |
|
1915
Workhorse Group
WKHS
$36.3M
| – | – |
-4
| Closed | -$49K | – |
|
1916
John Wiley & Sons Class A
WLY
$2.56B
| – | – |
-13,819
| Closed | -$729K | – |
|
1917
Worthington Enterprises
WOR
$3.09B
| – | – |
-59,248
| Closed | -$1.83M | – |
|
1918
W.P. Carey
WPC
$15.2B
| – | – |
-6,900
| Closed | -$446K | – |
|
1919
Wheaton Precious Metals
WPM
$65.4B
| – | – |
-16,294
| Closed | -$324K | – |
|
1920
World Acceptance Corp
WRLD
$678M
| – | – |
-6,717
| Closed | -$503K | – |
|
1921
West Pharmaceutical
WST
$28.8B
| – | – |
-4,989
| Closed | -$472K | – |
|
1922
Essential Utilities
WTRG
$12.9B
| – | – |
-39,802
| Closed | -$1.32M | – |
|
1923
Willis Towers Watson
WTW
$30.2B
| – | – |
-7,326
| Closed | -$1.07M | – |
|
1924
State Street SPDR S&P Homebuilders ETF
XHB
$1.62B
| – | – |
-47,141
| Closed | -$1.82M | – |
|
1925
State Street Industrial Select Sector SPDR ETF
XLI
$31B
| – | – |
-4,330
| Closed | -$295K | – |
|
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.