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 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$179M |
| 2 |
Intuit
INTU
|
+$36.9M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.2M |
| 4 |
Altria Group
MO
|
+$32.6M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$25.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares China Large-Cap ETF
FXI
|
+$43.3M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$22.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$20.2M |
| 4 |
Lockheed Martin
LMT
|
+$18M |
| 5 |
Starbucks
SBUX
|
+$16.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.09% |
| 2 | Technology | 13.06% |
| 3 | Healthcare | 11.75% |
| 4 | Industrials | 11.74% |
| 5 | Consumer Discretionary | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
DELISTED
US Steel
X
| $4.87M | 0.13% |
+144,048
| New | +$5.12M |
2017 Q1
0 quarters
|
|
177
Teradata
TDC
$3.12B
| $4.85M | 0.13% |
+155,866
| New | +$4.71M |
2017 Q1
0 quarters
|
|
178
Williams Companies
WMB
$87.9B
| $4.84M | 0.13% |
163,481
+82,005
| +101% | +$2.37M |
2016 Q1
4 quarters
|
|
179
Viatris
VTRS
$24.2B
| $4.81M | 0.13% |
+123,450
| New | +$4.98M |
2017 Q1
0 quarters
|
|
|
BIVV
180
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $4.78M | 0.13% |
+87,677
| New | +$4.32M |
2017 Q1
0 quarters
|
|
181
Alibaba
BABA
$236B
| $4.76M | 0.13% |
44,173
-13,169
| -23% | -$1.34M |
2016 Q4
1 quarter
|
|
182
Synopsys
SNPS
$88.6B
| $4.76M | 0.13% |
65,948
+44,887
| +213% | +$3M |
2016 Q4
1 quarter
|
|
183
Progressive
PGR
$137B
| $4.76M | 0.13% |
121,354
+9,919
| +9% | +$378K |
2016 Q1
4 quarters
|
|
184
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.24B
| $4.74M | 0.13% |
42,821
-31,297
| -42% | -$3.45M |
2016 Q3
2 quarters
|
|
185
Valero Energy
VLO
$105B
| $4.74M | 0.13% |
71,469
-20,334
| -22% | -$1.36M |
2016 Q1
4 quarters
|
|
186
SBA Communications
SBAC
$19.6B
| $4.74M | 0.13% |
39,345
+32,332
| +461% | +$3.57M |
2016 Q3
2 quarters
|
|
187
Goodyear
GT
$1.15B
| $4.68M | 0.13% |
130,132
+84,598
| +186% | +$2.87M |
2016 Q4
1 quarter
|
|
|
XL
188
DELISTED
XL Group Ltd.
XL
| $4.68M | 0.13% |
+117,477
| New | +$4.61M |
2017 Q1
0 quarters
|
|
189
DELISTED
Noble Corporation
NE
| $4.68M | 0.13% |
756,376
+410,800
| +119% | +$2.77M |
2015 Q4
5 quarters
|
|
190
Church & Dwight Co
CHD
$26.4B
| $4.68M | 0.13% |
93,833
+57,927
| +161% | +$2.77M |
2016 Q2
3 quarters
|
|
191
Home Depot
HD
$348B
| $4.67M | 0.13% |
+31,834
| New | +$4.51M |
2017 Q1
0 quarters
|
|
192
Macy's
M
$6.41B
| $4.67M | 0.13% |
157,631
+53,625
| +52% | +$1.66M |
2015 Q3
6 quarters
|
|
193
DELISTED
Gulfport Energy Corp.
GPOR
| $4.65M | 0.13% |
270,384
+189,836
| +236% | +$3.64M |
2016 Q4
1 quarter
|
|
194
Olin
OLN
$2.04B
| $4.63M | 0.13% |
+140,952
| New | +$4.23M |
2017 Q1
0 quarters
|
|
|
WCG
195
DELISTED
Wellcare Health Plans, Inc.
WCG
| $4.63M | 0.13% |
33,002
+7,427
| +29% | +$1.06M |
2016 Q1
4 quarters
|
|
196
Expeditors International
EXPD
$25.2B
| $4.6M | 0.13% |
81,512
+72,019
| +759% | +$3.95M |
2015 Q3
6 quarters
|
|
|
BBL
197
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $4.58M | 0.13% |
147,080
+12,440
| +9% | +$420K |
2016 Q2
3 quarters
|
|
198
T. Rowe Price
TROW
$23.4B
| $4.56M | 0.13% |
66,887
+48,654
| +267% | +$3.45M |
2016 Q3
2 quarters
|
|
199
HP
HPQ
$26.1B
| $4.54M | 0.13% |
254,023
+34,591
| +16% | +$560K |
2015 Q1
8 quarters
|
|
200
Eaton
ETN
$140B
| $4.54M | 0.13% |
61,228
-6,940
| -10% | -$493K |
2015 Q1
8 quarters
|
|
Similar funds
Squarepoint's Q1 2017 Portfolio in Review
As of Q1 2017, Squarepoint held 2,234 positions worth $3.63B, up 48% from $2.44B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Squarepoint deployed $976M of net new capital in Q1 2017, opening 503 new positions and adding to 514 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
By sector, the portfolio is most concentrated in Miscellaneous at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $20.2M trimmed.
- Squarepoint's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
- Squarepoint added most to Intuit in Q1 2017, an estimated $36.9M increase.
- Squarepoint's biggest Q1 2017 reduction was Meta Platforms (Facebook), cutting an estimated $20.2M.
- Squarepoint fully exited iShares China Large-Cap ETF in Q1 2017, selling an estimated $43.3M.
- Squarepoint's ten largest holdings make up 14% of its $3.63B portfolio in Q1 2017.
- Squarepoint opened 503 new positions and closed 757 in Q1 2017.
- Squarepoint's portfolio value rose 48% quarter-over-quarter to $3.63B.
Based on Squarepoint's 13F filing for Q1 2017, filed 15 May 2017.