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 |
Abbott
ABT
|
+$8.99M |
| 2 |
General Dynamics
GD
|
+$8.34M |
| 3 |
PPG Industries
PPG
|
+$8.12M |
| 4 |
American Tower
AMT
|
+$7.78M |
| 5 |
United Airlines
UAL
|
+$7.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$4.51M |
| 2 |
CY
Cypress Semiconductor
CY
|
+$3.12M |
| 3 |
Medtronic
MDT
|
+$2.51M |
| 4 |
FedEx
FDX
|
+$2.49M |
| 5 |
Automatic Data Processing
ADP
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.65% |
| 2 | Industrials | 13.83% |
| 3 | Financials | 11.56% |
| 4 | Consumer Discretionary | 11.53% |
| 5 | Technology | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ESV
201
DELISTED
Ensco Rowan plc
ESV
| $471K | 0.12% |
+8,372
| New | +$576K |
2015 Q3
0 quarters
|
|
202
KLA
KLAC
$194B
| $468K | 0.12% |
93,500
-57,960
| -38% | -$298K |
2015 Q1
2 quarters
|
|
203
TD Synnex
SNX
$18.7B
| $468K | 0.12% |
11,008
-7,392
| -40% | -$288K |
2015 Q2
1 quarter
|
|
204
Newell Brands
NWL
$2.43B
| $465K | 0.12% |
+11,709
| New | +$492K |
2015 Q3
0 quarters
|
|
205
Allegion
ALLE
$16.2B
| $459K | 0.11% |
7,959
-2,575
| -24% | -$157K |
2015 Q2
1 quarter
|
|
|
HZNP
206
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $458K | 0.11% |
23,100
-66,700
| -74% | -$2.11M |
2015 Q2
1 quarter
|
|
207
Worthington Enterprises
WOR
$2.88B
| $445K | 0.11% |
27,230
+1,941
| +8% | +$31.6K |
2015 Q2
1 quarter
|
|
208
Jabil
JBL
$25.6B
| $440K | 0.11% |
+19,680
| New | +$391K |
2015 Q3
0 quarters
|
|
209
DELISTED
Pandora Media Inc
P
| $440K | 0.11% |
+20,600
| New | +$361K |
2015 Q3
0 quarters
|
|
210
Fidelity National Information Services
FIS
$14.9B
| $439K | 0.11% |
+6,550
| New | +$436K |
2015 Q3
0 quarters
|
|
|
MSCC
211
DELISTED
Microsemi Corp
MSCC
| $439K | 0.11% |
+13,375
| New | +$435K |
2015 Q3
0 quarters
|
|
212
DELISTED
Triumph Group
TGI
| $432K | 0.11% |
+10,257
| New | +$549K |
2015 Q3
0 quarters
|
|
213
Wynn Resorts
WYNN
$8.71B
| $432K | 0.11% |
+8,138
| New | +$707K |
2015 Q3
0 quarters
|
|
|
GGP
214
DELISTED
GGP Inc.
GGP
| $429K | 0.11% |
16,519
-7,499
| -31% | -$197K |
2015 Q1
2 quarters
|
|
215
H.B. Fuller
FUL
$2.66B
| $425K | 0.11% |
+12,511
| New | +$471K |
2015 Q3
0 quarters
|
|
216
Brink's
BCO
$4.84B
| $424K | 0.11% |
+15,702
| New | +$451K |
2015 Q3
0 quarters
|
|
217
XPO
XPO
$22.1B
| $422K | 0.11% |
51,178
+25,445
| +99% | +$334K |
2015 Q1
2 quarters
|
|
|
AFSI
218
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $416K | 0.1% |
+13,200
| New | +$418K |
2015 Q3
0 quarters
|
|
219
Visteon
VC
$1.99B
| $415K | 0.1% |
+4,100
| New | +$413K |
2015 Q3
0 quarters
|
|
220
DELISTED
RENTRAK CORP
RENT
| $411K | 0.1% |
+7,600
| New | +$427K |
2015 Q3
0 quarters
|
|
221
NCR Voyix
VYX
$1.38B
| $408K | 0.1% |
+29,262
| New | +$488K |
2015 Q3
0 quarters
|
|
|
HDS
222
DELISTED
HD Supply Holdings, Inc.
HDS
| $406K | 0.1% |
+14,200
| New | +$476K |
2015 Q3
0 quarters
|
|
223
The Kraft Heinz Company
KHC
$29.4B
| $405K | 0.1% |
+5,733
| New | +$433K |
2015 Q3
0 quarters
|
|
|
ANDV
224
DELISTED
Andeavor
ANDV
| $398K | 0.1% |
+4,089
| New | +$397K |
2015 Q3
0 quarters
|
|
225
American Electric Power
AEP
$70.9B
| $393K | 0.1% |
+6,912
| New | +$384K |
2015 Q3
0 quarters
|
|
Similar funds
Squarepoint's Q3 2015 Portfolio in Review
As of Q3 2015, Squarepoint held 713 positions worth $401M, up 30% from $308M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Squarepoint deployed $140M of net new capital in Q3 2015, opening 275 new positions and adding to 63 existing holdings. Its largest new stake was Abbott: 190,793 shares worth $7.67M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 13% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $2.11M trimmed.
- Squarepoint's largest Q3 2015 buy was Abbott: 190,793 shares worth $7.67M.
- Squarepoint added most to Eaton in Q3 2015, an estimated $5.05M increase.
- Squarepoint's biggest Q3 2015 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $2.11M.
- Squarepoint fully exited Illinois Tool Works in Q3 2015, selling an estimated $4.51M.
- Squarepoint's ten largest holdings make up 16% of its $401M portfolio in Q3 2015.
- Squarepoint opened 275 new positions and closed 324 in Q3 2015.
- Squarepoint's portfolio value rose 30% quarter-over-quarter to $401M.
Based on Squarepoint's 13F filing for Q3 2015, filed 16 Nov 2015.