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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
Darling Ingredients
DAR
$8.79B
| $2.17M | 0.14% |
145,629
+88,024
| +153% | +$1.27M |
2015 Q4
2 quarters
|
|
177
Boston Properties
BXP
$10B
| $2.12M | 0.13% |
+16,086
| New | +$2.07M |
2016 Q2
0 quarters
|
|
178
DELISTED
Nordstrom
JWN
| $2.12M | 0.13% |
55,754
+14,142
| +34% | +$628K |
2015 Q3
3 quarters
|
|
179
Universal Health Services
UHS
$10.4B
| $2.12M | 0.13% |
15,807
+5,597
| +55% | +$738K |
2015 Q3
3 quarters
|
|
|
TFCFA
180
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $2.11M | 0.13% |
78,066
-138,225
| -64% | -$4.03M |
2015 Q4
2 quarters
|
|
181
DELISTED
Hawaiian Holdings, Inc.
HA
| $2.1M | 0.13% |
55,387
+35,513
| +179% | +$1.5M |
2015 Q4
2 quarters
|
|
182
Exelon
EXC
$47.8B
| $2.08M | 0.13% |
80,284
+62,910
| +362% | +$1.56M |
2016 Q1
1 quarter
|
|
183
Colgate-Palmolive
CL
$75.7B
| $2.07M | 0.13% |
+28,313
| New | +$2.02M |
2016 Q2
0 quarters
|
|
184
DELISTED
Big Lots, Inc.
BIG
| $2.07M | 0.13% |
41,336
+18,547
| +81% | +$879K |
2015 Q3
3 quarters
|
|
185
Humana
HUM
$49.8B
| $2.06M | 0.13% |
11,471
+5,491
| +92% | +$975K |
2016 Q1
1 quarter
|
|
186
Lam Research
LRCX
$299B
| $2.06M | 0.13% |
245,380
+84,860
| +53% | +$682K |
2015 Q4
2 quarters
|
|
187
Dick's Sporting Goods
DKS
$14.2B
| $2.05M | 0.13% |
45,517
-11,739
| -21% | -$512K |
2015 Q2
4 quarters
|
|
188
J.M. Smucker
SJM
$13.9B
| $2.05M | 0.13% |
13,457
-671
| -5% | -$89.2K |
2015 Q3
3 quarters
|
|
189
Realty Income
O
$53.9B
| $2.04M | 0.13% |
30,433
+27,086
| +809% | +$1.64M |
2016 Q1
1 quarter
|
|
190
Ulta Beauty
ULTA
$27.4B
| $2.04M | 0.13% |
8,371
+5,106
| +156% | +$1.11M |
2015 Q4
2 quarters
|
|
191
Fluor
FLR
$6.27B
| $2.02M | 0.13% |
40,976
+28,267
| +222% | +$1.47M |
2014 Q4
6 quarters
|
|
192
Delta Air Lines
DAL
$52.7B
| $2.02M | 0.13% |
55,396
-20,130
| -27% | -$856K |
2015 Q3
3 quarters
|
|
193
DELISTED
Southwestern Energy Company
SWN
| $2.01M | 0.13% |
+159,487
| New | +$1.93M |
2016 Q2
0 quarters
|
|
|
LLTC
194
DELISTED
Linear Technology Corp
LLTC
| $2M | 0.12% |
43,005
-4,356
| -9% | -$199K |
2015 Q4
2 quarters
|
|
195
Charter Communications
CHTR
$12.8B
| $2M | 0.12% |
8,733
+6,333
| +264% | +$1.36M |
2015 Q4
2 quarters
|
|
196
Extra Space Storage
EXR
$31.6B
| $1.99M | 0.12% |
+21,471
| New | +$1.94M |
2016 Q2
0 quarters
|
|
197
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $1.96M | 0.12% |
+35,599
| New | +$1.89M |
2016 Q2
0 quarters
|
|
|
IDTI
198
DELISTED
Integrated Device Technology I
IDTI
| $1.95M | 0.12% |
96,666
+85,498
| +766% | +$1.81M |
2016 Q1
1 quarter
|
|
199
Manhattan Associates
MANH
$14.4B
| $1.94M | 0.12% |
+30,312
| New | +$1.89M |
2016 Q2
0 quarters
|
|
200
Weyerhaeuser
WY
$14.7B
| $1.94M | 0.12% |
65,287
+52,916
| +428% | +$1.63M |
2015 Q3
3 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.