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 | |
|---|---|---|---|---|---|---|---|
2026
TD Synnex
SNX
$19B
| – | – |
-18,204
| Closed | -$1.08M | – |
|
2027
Sonoco
SON
$4.84B
| – | – |
-27,629
| Closed | -$1.34M | – |
|
2028
Spectrum Brands
SPB
$2.02B
| – | – |
-35,665
| Closed | -$3.7M | – |
|
2029
SPS Commerce
SPSC
$2.88B
| – | – |
-10,564
| Closed | -$338K | – |
|
2030
SPX Corp
SPXC
$7.76B
| – | – |
-23,865
| Closed | -$775K | – |
|
2031
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| – | – |
-900
| Closed | -$237K | – |
|
|
2032
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| – | – |
-6,600
| Closed | -$1.74M | – |
|
2033
Spire
SR
$5.25B
| – | – |
-8,677
| Closed | -$627K | – |
|
2034
Steris
STE
$25.7B
| – | – |
-4,335
| Closed | -$405K | – |
|
2035
Stellantis
STLA
$11.1B
| – | – |
-28,704
| Closed | -$589K | – |
|
2036
STRATTEC Security
STRT
$250M
| – | – |
-6,500
| Closed | -$240K | – |
|
2037
DELISTED
Supernus Pharmaceuticals
SUPN
| – | – |
-56,569
| Closed | -$2.59M | – |
|
2038
AT&T
T
$149B
| – | – |
-498,801
| Closed | -$13.4M | – |
|
2039
Molson Coors Class B
TAP
$7.57B
| – | – |
-136,285
| Closed | -$10.3M | – |
|
2040
Trueblue
TBI
$378M
| – | – |
-15,455
| Closed | -$400K | – |
|
2041
Toronto Dominion Bank
TD
$202B
| – | – |
-19,681
| Closed | -$1.12M | – |
|
2042
Teck Resources
TECK
$29.6B
| – | – |
-146,986
| Closed | -$3.79M | – |
|
2043
Interface
TILE
$1.79B
| – | – |
-16,417
| Closed | -$414K | – |
|
2044
Timken Company
TKR
$7.48B
| – | – |
-7,103
| Closed | -$324K | – |
|
2045
Toyota
TM
$250B
| – | – |
-1,701
| Closed | -$222K | – |
|
2046
DELISTED
Taylor Morrison
TMHC
| – | – |
-24,260
| Closed | -$565K | – |
|
2047
T-Mobile US
TMUS
$180B
| – | – |
-76,895
| Closed | -$4.69M | – |
|
2048
Tandem Diabetes Care
TNDM
$1.4B
| – | – |
-39,898
| Closed | -$198K | – |
|
2049
Toll Brothers
TOL
$13.6B
| – | – |
-146,965
| Closed | -$6.36M | – |
|
2050
Tootsie Roll Industries
TR
$2.86B
| – | – |
-21,018
| Closed | -$489K | – |
|
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.