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 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
TIF
176
DELISTED
Tiffany & Co.
TIF
| $2M | 0.15% |
27,186
+13,411
| +97% | +$900K |
2015 Q3
2 quarters
|
|
177
Viatris
VTRS
$21.7B
| $1.99M | 0.15% |
+43,005
| New | +$2.08M |
2016 Q1
0 quarters
|
|
|
NUAN
178
DELISTED
Nuance Communications, Inc.
NUAN
| $1.98M | 0.15% |
122,295
+105,547
| +630% | +$1.7M |
2015 Q4
1 quarter
|
|
179
Transocean
RIG
$6.3B
| $1.98M | 0.15% |
216,317
+117,585
| +119% | +$1.17M |
2015 Q4
1 quarter
|
|
180
Cisco
CSCO
$412B
| $1.98M | 0.15% |
69,429
+56,901
| +454% | +$1.46M |
2015 Q4
1 quarter
|
|
181
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $1.96M | 0.15% |
35,562
+27,558
| +344% | +$1.4M |
2015 Q4
1 quarter
|
|
182
FedEx
FDX
$75.4B
| $1.96M | 0.15% |
+12,017
| New | +$1.67M |
2016 Q1
0 quarters
|
|
183
CSX Corp
CSX
$93.8B
| $1.95M | 0.15% |
227,262
+102,042
| +81% | +$827K |
2015 Q3
2 quarters
|
|
184
Biogen
BIIB
$36.9B
| $1.94M | 0.15% |
+7,461
| New | +$1.97M |
2016 Q1
0 quarters
|
|
185
NextEra Energy
NEE
$182B
| $1.91M | 0.15% |
64,512
+53,252
| +473% | +$1.49M |
2015 Q3
2 quarters
|
|
186
Huntington Ingalls Industries
HII
$12.2B
| $1.91M | 0.15% |
13,933
+9,517
| +216% | +$1.24M |
2015 Q4
1 quarter
|
|
187
Sempra
SRE
$53.1B
| $1.89M | 0.15% |
36,378
-16,804
| -32% | -$810K |
2015 Q4
1 quarter
|
|
188
Truist Financial
TFC
$60B
| $1.88M | 0.15% |
56,421
+46,468
| +467% | +$1.54M |
2015 Q3
2 quarters
|
|
189
Carnival Corporation Ltd
CCL
$40.1B
| $1.87M | 0.15% |
35,436
+368
| +1% | +$17.8K |
2015 Q2
3 quarters
|
|
190
HF Sinclair
DINO
$18.4B
| $1.86M | 0.14% |
52,641
+16,218
| +45% | +$559K |
2015 Q4
1 quarter
|
|
|
DISH
191
DELISTED
DISH Network Corp.
DISH
| $1.85M | 0.14% |
40,027
+19,827
| +98% | +$956K |
2015 Q3
2 quarters
|
|
192
DELISTED
Marathon Oil Corporation
MRO
| $1.84M | 0.14% |
165,395
+109,657
| +197% | +$1.02M |
2015 Q4
1 quarter
|
|
193
Bruker
BRKR
$9.48B
| $1.84M | 0.14% |
+65,800
| New | +$1.64M |
2016 Q1
0 quarters
|
|
194
J.M. Smucker
SJM
$14B
| $1.83M | 0.14% |
14,128
+6,231
| +79% | +$785K |
2015 Q3
2 quarters
|
|
195
Occidental Petroleum
OXY
$58.5B
| $1.83M | 0.14% |
+26,699
| New | +$1.79M |
2016 Q1
0 quarters
|
|
196
DELISTED
SunTrust Banks, Inc.
STI
| $1.8M | 0.14% |
+49,967
| New | +$1.8M |
2016 Q1
0 quarters
|
|
197
Dollar General
DG
$30B
| $1.8M | 0.14% |
+21,011
| New | +$1.59M |
2016 Q1
0 quarters
|
|
|
ENDP
198
DELISTED
Endo International plc
ENDP
| $1.79M | 0.14% |
+63,709
| New | +$3.01M |
2016 Q1
0 quarters
|
|
|
MRD
199
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $1.79M | 0.14% |
175,500
+135,000
| +333% | +$1.6M |
2015 Q4
1 quarter
|
|
200
Flagstar Bank National Association
FLG
$4.42B
| $1.78M | 0.14% |
+37,395
| New | +$1.73M |
2016 Q1
0 quarters
|
|
Similar funds
Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.