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 | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
iShares MSCI South Africa ETF
EZA
$449M
| $8.02M | 0.15% |
136,604
-27,058
| -17% | -$1.63M |
2016 Q4
3 quarters
|
|
177
Emerson Electric
EMR
$92.6B
| $7.99M | 0.15% |
+127,091
| New | +$7.67M |
2017 Q3
0 quarters
|
|
|
MXIM
178
DELISTED
Maxim Integrated Products
MXIM
| $7.97M | 0.15% |
167,087
-54,282
| -25% | -$2.49M |
2016 Q2
5 quarters
|
|
179
Fluor
FLR
$6.42B
| $7.96M | 0.15% |
188,970
+104,401
| +123% | +$4.33M |
2017 Q1
2 quarters
|
|
180
iShares Russell 1000 Growth ETF
IWF
$120B
| $7.93M | 0.15% |
253,712
-52,072
| -17% | -$1.59M |
2017 Q2
1 quarter
|
|
181
Principal Financial Group
PFG
$24B
| $7.92M | 0.15% |
123,066
+74,318
| +152% | +$4.78M |
2017 Q2
1 quarter
|
|
182
Skyworks Solutions
SWKS
$20.3B
| $7.91M | 0.15% |
77,650
+68,813
| +779% | +$7.14M |
2017 Q2
1 quarter
|
|
|
HDS
183
DELISTED
HD Supply Holdings, Inc.
HDS
| $7.9M | 0.15% |
219,129
+93,320
| +74% | +$3M |
2016 Q3
4 quarters
|
|
184
Netflix
NFLX
$261B
| $7.82M | 0.15% |
431,410
+150,410
| +54% | +$2.62M |
2017 Q1
2 quarters
|
|
|
VIAB
185
DELISTED
Viacom Inc. Class B
VIAB
| $7.76M | 0.15% |
+278,840
| New | +$8.6M |
2017 Q3
0 quarters
|
|
186
Carter's
CRI
$1.16B
| $7.76M | 0.15% |
+78,587
| New | +$7M |
2017 Q3
0 quarters
|
|
187
O'Reilly Automotive
ORLY
$72.3B
| $7.76M | 0.15% |
540,135
+201,585
| +60% | +$2.66M |
2016 Q4
3 quarters
|
|
188
DELISTED
Marathon Oil Corporation
MRO
| $7.63M | 0.15% |
562,502
+381,630
| +211% | +$4.53M |
2015 Q4
7 quarters
|
|
189
Trane Technologies
TT
$91.9B
| $7.62M | 0.15% |
+85,505
| New | +$7.56M |
2017 Q3
0 quarters
|
|
190
Bank of America
BAC
$343B
| $7.53M | 0.14% |
297,250
-82,139
| -22% | -$1.99M |
2016 Q2
5 quarters
|
|
191
Travelers Companies
TRV
$81.1B
| $7.47M | 0.14% |
60,937
+2,484
| +4% | +$310K |
2017 Q1
2 quarters
|
|
192
PPG Industries
PPG
$26.8B
| $7.4M | 0.14% |
68,093
+59,562
| +698% | +$6.34M |
2017 Q2
1 quarter
|
|
|
WLL
193
DELISTED
Whiting Petroleum Corporation
WLL
| $7.34M | 0.14% |
4,483
-1,180
| -21% | -$1.73M |
2017 Q2
1 quarter
|
|
|
RSX
194
DELISTED
VanEck Russia ETF
RSX
| $7.26M | 0.14% |
325,639
-316,417
| -49% | -$6.53M |
2016 Q1
6 quarters
|
|
195
Constellation Brands
STZ
$23.4B
| $7.25M | 0.14% |
36,344
+10,552
| +41% | +$2.09M |
2015 Q2
9 quarters
|
|
196
Sysco
SYY
$36.6B
| $7.23M | 0.14% |
134,005
-177,917
| -57% | -$9.26M |
2015 Q3
8 quarters
|
|
197
Cigna
CI
$78.2B
| $7.22M | 0.14% |
38,597
-68,634
| -64% | -$12.2M |
2015 Q4
7 quarters
|
|
198
PUT
iShares Global Comm Services ETF
IXP
$446M
| $7.13M | 0.14% |
48,300
+19,800
| +69% | +$1.18M |
2017 Q2
1 quarter
|
|
199
GameStop
GME
$12.3B
| $7.11M | 0.14% |
1,376,868
+511,800
| +59% | +$2.65M |
2017 Q2
1 quarter
|
|
200
SBA Communications
SBAC
$19.5B
| $7M | 0.13% |
48,583
+42,681
| +723% | +$6.08M |
2016 Q3
4 quarters
|
|
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.