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 |
Chubb
CB
|
+$12.1M |
| 2 |
Mondelez International
MDLZ
|
+$11.1M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.8M |
| 4 |
Nike
NKE
|
+$10.7M |
| 5 |
AGN
Allergan plc
AGN
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$6.22M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$5.73M |
| 3 |
DaVita
DVA
|
+$5.15M |
| 4 |
Capital One
COF
|
+$4.87M |
| 5 |
Fiserv Inc
FISV
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.83% |
| 2 | Consumer Discretionary | 14.72% |
| 3 | Healthcare | 13.9% |
| 4 | Technology | 12.35% |
| 5 | Financials | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
201
C.H. Robinson
CHRW
$15.5B
| $1.78M | 0.14% |
23,980
-6,022
| -20% | -$413K |
2015 Q4
1 quarter
|
|
202
SLB Ltd
SLB
$76.1B
| $1.78M | 0.14% |
24,103
+16,115
| +202% | +$1.13M |
2015 Q3
2 quarters
|
|
203
Kimco Realty
KIM
$17.2B
| $1.77M | 0.14% |
61,604
+43,338
| +237% | +$1.17M |
2015 Q4
1 quarter
|
|
204
State Street Financial Select Sector SPDR ETF
XLF
$55.2B
| $1.77M | 0.14% |
+89,653
| New | +$1.71M |
2016 Q1
0 quarters
|
|
|
NBL
205
DELISTED
Noble Energy, Inc.
NBL
| $1.76M | 0.14% |
+56,134
| New | +$1.72M |
2016 Q1
0 quarters
|
|
206
Travel + Leisure Co
TNL
$4.68B
| $1.76M | 0.14% |
51,082
-12,796
| -20% | -$406K |
2015 Q1
4 quarters
|
|
207
DELISTED
Warner Bros
WBD
| $1.76M | 0.14% |
61,534
+23,496
| +62% | +$629K |
2015 Q3
2 quarters
|
|
|
RAI
208
DELISTED
Reynolds American Inc
RAI
| $1.76M | 0.14% |
+34,890
| New | +$1.71M |
2016 Q1
0 quarters
|
|
209
Global Payments
GPN
$25.4B
| $1.75M | 0.14% |
26,824
-4,895
| -15% | -$290K |
2015 Q4
1 quarter
|
|
210
Labcorp
LH
$29.9B
| $1.75M | 0.14% |
17,392
+11,082
| +176% | +$1.06M |
2015 Q2
3 quarters
|
|
211
Chipotle Mexican Grill
CMG
$44.5B
| $1.71M | 0.13% |
181,850
+138,650
| +321% | +$1.32M |
2015 Q4
1 quarter
|
|
212
Cracker Barrel
CBRL
$1.57B
| $1.71M | 0.13% |
11,188
+1,574
| +16% | +$217K |
2015 Q2
3 quarters
|
|
213
Regeneron Pharmaceuticals
REGN
$96.3B
| $1.7M | 0.13% |
+4,726
| New | +$1.95M |
2016 Q1
0 quarters
|
|
214
Arrow Electronics
ARW
$10.3B
| $1.7M | 0.13% |
26,342
+18,296
| +227% | +$1.02M |
2015 Q4
1 quarter
|
|
215
DELISTED
Assertio
ASRT
| $1.69M | 0.13% |
2,024
+501
| +33% | +$465K |
2015 Q4
1 quarter
|
|
216
JPMorgan Chase
JPM
$935B
| $1.69M | 0.13% |
+28,565
| New | +$1.67M |
2016 Q1
0 quarters
|
|
217
Quest Diagnostics
DGX
$28.2B
| $1.69M | 0.13% |
+23,671
| New | +$1.59M |
2016 Q1
0 quarters
|
|
218
HCA Healthcare
HCA
$107B
| $1.66M | 0.13% |
21,302
-32,690
| -61% | -$2.28M |
2015 Q3
2 quarters
|
|
219
DELISTED
CA, Inc.
CA
| $1.65M | 0.13% |
53,618
-6,354
| -11% | -$182K |
2015 Q2
3 quarters
|
|
220
Tyson Foods
TSN
$21.1B
| $1.64M | 0.13% |
24,676
-24,081
| -49% | -$1.45M |
2015 Q4
1 quarter
|
|
221
DELISTED
TEGNA Inc
TGNA
| $1.64M | 0.13% |
109,189
+77,759
| +247% | +$1.18M |
2015 Q4
1 quarter
|
|
222
DELISTED
Discover Financial Services
DFS
| $1.64M | 0.13% |
+32,145
| New | +$1.55M |
2016 Q1
0 quarters
|
|
223
Las Vegas Sands
LVS
$26.4B
| $1.63M | 0.13% |
31,600
-20,100
| -39% | -$920K |
2015 Q4
1 quarter
|
|
|
ANDV
224
DELISTED
Andeavor
ANDV
| $1.63M | 0.13% |
+18,956
| New | +$1.63M |
2016 Q1
0 quarters
|
|
|
QEP
225
DELISTED
QEP RESOURCES, INC.
QEP
| $1.62M | 0.13% |
+114,683
| New | +$1.33M |
2016 Q1
0 quarters
|
|
Similar funds
Squarepoint's Q1 2016 Portfolio in Review
As of Q1 2016, Squarepoint held 1,726 positions worth $1.29B, up 41% from $912M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.
Squarepoint deployed $347M of net new capital in Q1 2016, opening 505 new positions and adding to 347 existing holdings. Its largest new stake was Chubb: 105,706 shares worth $12.6M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Allstate, an estimated $6.22M trimmed.
- Squarepoint's largest Q1 2016 buy was Chubb: 105,706 shares worth $12.6M.
- Squarepoint added most to Mondelez International in Q1 2016, an estimated $11.1M increase.
- Squarepoint's biggest Q1 2016 reduction was Allstate, cutting an estimated $6.22M.
- Squarepoint fully exited DaVita in Q1 2016, selling an estimated $5.15M.
- Squarepoint's ten largest holdings make up 8.2% of its $1.29B portfolio in Q1 2016.
- Squarepoint opened 505 new positions and closed 612 in Q1 2016.
- Squarepoint's portfolio value rose 41% quarter-over-quarter to $1.29B.
Based on Squarepoint's 13F filing for Q1 2016, filed 16 May 2016.