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 |
Abbott
ABT
|
+$8.99M |
| 2 |
General Dynamics
GD
|
+$8.34M |
| 3 |
PPG Industries
PPG
|
+$8.12M |
| 4 |
American Tower
AMT
|
+$7.78M |
| 5 |
United Airlines
UAL
|
+$7.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$4.51M |
| 2 |
CY
Cypress Semiconductor
CY
|
+$3.12M |
| 3 |
Medtronic
MDT
|
+$2.51M |
| 4 |
FedEx
FDX
|
+$2.49M |
| 5 |
Automatic Data Processing
ADP
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.65% |
| 2 | Industrials | 13.83% |
| 3 | Financials | 11.56% |
| 4 | Consumer Discretionary | 11.53% |
| 5 | Technology | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
Five Below
FIVE
$13.6B
| $578K | 0.14% |
+17,200
| New | +$625K |
2015 Q3
0 quarters
|
|
|
STJ
177
DELISTED
St Jude Medical
STJ
| $577K | 0.14% |
9,142
+4,944
| +118% | +$353K |
2015 Q1
2 quarters
|
|
178
DELISTED
Amicus Therapeutics
FOLD
| $576K | 0.14% |
+41,200
| New | +$646K |
2015 Q3
0 quarters
|
|
179
Crocs
CROX
$7.17B
| $565K | 0.14% |
+43,707
| New | +$634K |
2015 Q3
0 quarters
|
|
180
Vistance Networks Inc
VISN
$814M
| $559K | 0.14% |
+18,600
| New | +$577K |
2015 Q3
0 quarters
|
|
181
InterDigital
IDCC
$7.61B
| $558K | 0.14% |
+11,025
| New | +$569K |
2015 Q3
0 quarters
|
|
182
PennyMac Mortgage Investment
PMT
$631M
| $552K | 0.14% |
+35,700
| New | +$586K |
2015 Q3
0 quarters
|
|
183
DELISTED
Altera Corp
ALTR
| $544K | 0.14% |
+10,859
| New | +$540K |
2015 Q3
0 quarters
|
|
184
Marathon Petroleum
MPC
$112B
| $540K | 0.13% |
11,654
+7,349
| +171% | +$378K |
2014 Q4
3 quarters
|
|
185
DELISTED
Synchronoss Technologies
SNCR
| $539K | 0.13% |
+1,825
| New | +$708K |
2015 Q3
0 quarters
|
|
186
DELISTED
SunTrust Banks, Inc.
STI
| $539K | 0.13% |
14,085
+3,329
| +31% | +$139K |
2015 Q2
1 quarter
|
|
187
Pacira BioSciences
PCRX
$1.46B
| $538K | 0.13% |
+13,100
| New | +$802K |
2015 Q3
0 quarters
|
|
|
EMWP
188
DELISTED
Eros Media World PLC
EMWP
| $530K | 0.13% |
+975
| New | +$623K |
2015 Q3
0 quarters
|
|
189
Expeditors International
EXPD
$25.3B
| $529K | 0.13% |
+11,250
| New | +$532K |
2015 Q3
0 quarters
|
|
190
Deckers Outdoor
DECK
$11.3B
| $517K | 0.13% |
+53,430
| New | +$596K |
2015 Q3
0 quarters
|
|
191
Entergy
ETR
$53.5B
| $506K | 0.13% |
+15,550
| New | +$528K |
2015 Q3
0 quarters
|
|
192
Interactive Brokers
IBKR
$36.9B
| $501K | 0.13% |
+50,752
| New | +$522K |
2015 Q3
0 quarters
|
|
193
DELISTED
Premier
PINC
| $501K | 0.13% |
+14,570
| New | +$525K |
2015 Q3
0 quarters
|
|
194
Fossil Group
FOSL
$517M
| $500K | 0.12% |
+8,939
| New | +$567K |
2015 Q3
0 quarters
|
|
195
Opko Health
OPK
$1.24B
| $500K | 0.12% |
+59,500
| New | +$788K |
2015 Q3
0 quarters
|
|
196
Qualcomm
QCOM
$190B
| $499K | 0.12% |
9,286
-5,518
| -37% | -$328K |
2015 Q2
1 quarter
|
|
197
DTE Energy
DTE
$29B
| $491K | 0.12% |
+7,179
| New | +$480K |
2015 Q3
0 quarters
|
|
198
Unum
UNM
$12.3B
| $490K | 0.12% |
+15,272
| New | +$526K |
2015 Q3
0 quarters
|
|
|
TCO
199
DELISTED
Taubman Centers Inc.
TCO
| $487K | 0.12% |
7,052
+2,354
| +50% | +$167K |
2015 Q2
1 quarter
|
|
|
ALOG
200
DELISTED
Analogic Corp
ALOG
| $479K | 0.12% |
+5,841
| New | +$473K |
2015 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2015 Portfolio in Review
As of Q3 2015, Squarepoint held 713 positions worth $401M, up 30% from $308M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $140M of net new capital in Q3 2015, opening 275 new positions and adding to 63 existing holdings. Its largest new stake was Abbott: 190,793 shares worth $7.67M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 13% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $2.11M trimmed.
- Squarepoint's largest Q3 2015 buy was Abbott: 190,793 shares worth $7.67M.
- Squarepoint added most to Eaton in Q3 2015, an estimated $5.05M increase.
- Squarepoint's biggest Q3 2015 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $2.11M.
- Squarepoint fully exited Illinois Tool Works in Q3 2015, selling an estimated $4.51M.
- Squarepoint's ten largest holdings make up 16% of its $401M portfolio in Q3 2015.
- Squarepoint opened 275 new positions and closed 324 in Q3 2015.
- Squarepoint's portfolio value rose 30% quarter-over-quarter to $401M.
Based on Squarepoint's 13F filing for Q3 2015, filed 16 Nov 2015.