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 MSCI Taiwan ETF
EWT
|
+$102M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$85.3M |
| 3 |
Intuit
INTU
|
+$76.5M |
| 4 |
Home Depot
HD
|
+$71.6M |
| 5 |
Cigna
CI
|
+$44.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$119M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$69M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$51.1M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$47.4M |
| 5 |
iShares MSCI India ETF
INDA
|
+$47.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17% |
| 2 | Financials | 13.53% |
| 3 | Healthcare | 13.33% |
| 4 | Technology | 13.18% |
| 5 | Industrials | 11.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
Molina Healthcare
MOH
$10.7B
| $12.6M | 0.17% |
128,190
+114,130
| +812% | +$9.9M |
2015 Q4
10 quarters
|
|
177
Cinemark Holdings
CNK
$4.77B
| $12.5M | 0.17% |
356,243
+67,237
| +23% | +$2.48M |
2018 Q1
1 quarter
|
|
178
Teleflex
TFX
$6.14B
| $12.4M | 0.16% |
+46,168
| New | +$12.4M |
2018 Q2
0 quarters
|
|
179
Paycom
PAYC
$10.6B
| $12.2M | 0.16% |
123,824
+120,839
| +4,048% | +$13M |
2017 Q4
2 quarters
|
|
180
L3Harris
LHX
$51.4B
| $12.2M | 0.16% |
84,371
+81,971
| +3,415% | +$12.7M |
2018 Q1
1 quarter
|
|
|
STL
181
DELISTED
Sterling Bancorp
STL
| $12.2M | 0.16% |
517,539
+484,474
| +1,465% | +$11.6M |
2018 Q1
1 quarter
|
|
182
ICU Medical
ICUI
$4.55B
| $12.1M | 0.16% |
41,345
+27,791
| +205% | +$7.59M |
2018 Q1
1 quarter
|
|
183
Illumina
ILMN
$32.5B
| $12.1M | 0.16% |
44,365
+33,160
| +296% | +$8.44M |
2017 Q2
4 quarters
|
|
|
PRAH
184
DELISTED
PRA Health Sciences, Inc.
PRAH
| $12M | 0.16% |
128,744
+123,144
| +2,199% | +$10.6M |
2016 Q1
9 quarters
|
|
185
Philip Morris
PM
$303B
| $11.9M | 0.16% |
147,318
-140,099
| -49% | -$11.9M |
2016 Q1
9 quarters
|
|
186
Genuine Parts
GPC
$17.3B
| $11.7M | 0.16% |
127,991
+88,564
| +225% | +$8.08M |
2017 Q4
2 quarters
|
|
187
Herbalife
HLF
$1.65B
| $11.7M | 0.16% |
217,658
+160,278
| +279% | +$8.43M |
2017 Q2
4 quarters
|
|
188
Cummins
CMI
$62.3B
| $11.6M | 0.15% |
87,401
+33,401
| +62% | +$5M |
2016 Q4
6 quarters
|
|
189
F5
FFIV
$18B
| $11.5M | 0.15% |
66,756
-8,151
| -11% | -$1.36M |
2017 Q2
4 quarters
|
|
190
Fidelity National Information Services
FIS
$14.6B
| $11.5M | 0.15% |
108,428
-139,649
| -56% | -$14.2M |
2017 Q4
2 quarters
|
|
191
DELISTED
Comerica
CMA
| $11.5M | 0.15% |
+126,352
| New | +$12.1M |
2018 Q2
0 quarters
|
|
192
iShares MSCI China ETF
MCHI
$5.73B
| $11.4M | 0.15% |
+176,254
| New | +$12M |
2018 Q2
0 quarters
|
|
193
Dollar Tree
DLTR
$26.4B
| $11.3M | 0.15% |
133,395
-112,991
| -46% | -$10.4M |
2016 Q3
7 quarters
|
|
194
Zimmer Biomet
ZBH
$20.5B
| $11.3M | 0.15% |
104,412
-36,832
| -26% | -$4.01M |
2018 Q1
1 quarter
|
|
195
W.W. Grainger
GWW
$69B
| $11.3M | 0.15% |
36,622
-12,205
| -25% | -$3.65M |
2018 Q1
1 quarter
|
|
196
Williams Companies
WMB
$84.3B
| $11.3M | 0.15% |
415,600
-134,764
| -24% | -$3.55M |
2016 Q1
9 quarters
|
|
|
RHT
197
DELISTED
Red Hat Inc
RHT
| $11.2M | 0.15% |
83,470
-16,983
| -17% | -$2.74M |
2018 Q1
1 quarter
|
|
198
Dillards
DDS
$9.9B
| $11.2M | 0.15% |
+118,421
| New | +$9.6M |
2018 Q2
0 quarters
|
|
199
C.H. Robinson
CHRW
$15B
| $11.2M | 0.15% |
133,563
+129,429
| +3,131% | +$11.6M |
2018 Q1
1 quarter
|
|
200
International Paper
IP
$18.6B
| $11.2M | 0.15% |
226,145
+99,400
| +78% | +$5.08M |
2017 Q3
3 quarters
|
|
Similar funds
Squarepoint's Q2 2018 Portfolio in Review
As of Q2 2018, Squarepoint held 2,269 positions worth $7.55B, up 20% from $6.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Squarepoint deployed $1.17B of net new capital in Q2 2018, opening 635 new positions and adding to 628 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI India ETF, an estimated $47.3M trimmed.
- Squarepoint's largest Q2 2018 buy was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
- Squarepoint added most to iShares MSCI Taiwan ETF in Q2 2018, an estimated $102M increase.
- Squarepoint's biggest Q2 2018 reduction was iShares MSCI India ETF, cutting an estimated $47.3M.
- Squarepoint fully exited iShares MSCI Brazil ETF in Q2 2018, selling an estimated $119M.
- Squarepoint's ten largest holdings make up 9.4% of its $7.55B portfolio in Q2 2018.
- Squarepoint opened 635 new positions and closed 556 in Q2 2018.
- Squarepoint's portfolio value rose 20% quarter-over-quarter to $7.55B.
Based on Squarepoint's 13F filing for Q2 2018, filed 14 Aug 2018.