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 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
CVS Health
CVS
|
+$18.9M |
| 3 |
American International
AIG
|
+$16.3M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$13.4M |
| 5 |
TJX Companies
TJX
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$12.6M |
| 2 |
Crown Castle
CCI
|
+$7.91M |
| 3 |
Eli Lilly
LLY
|
+$7.58M |
| 4 |
RTX Corp
RTX
|
+$7.28M |
| 5 |
Deere & Co
DE
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.16% |
| 2 | Consumer Discretionary | 11.77% |
| 3 | Financials | 11.5% |
| 4 | Healthcare | 9.84% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ALXN
201
DELISTED
Alexion Pharmaceuticals
ALXN
| $1.94M | 0.12% |
16,574
+14,199
| +598% | +$2.01M |
2016 Q1
1 quarter
|
|
202
GE Aerospace
GE
$313B
| $1.93M | 0.12% |
12,808
-40,948
| -76% | -$5.97M |
2016 Q1
1 quarter
|
|
203
Textron
TXT
$14.5B
| $1.93M | 0.12% |
52,850
+39,040
| +283% | +$1.49M |
2016 Q1
1 quarter
|
|
204
Guidewire Software
GWRE
$13.4B
| $1.93M | 0.12% |
31,226
+21,126
| +209% | +$1.22M |
2016 Q1
1 quarter
|
|
205
Capri Holdings
CPRI
$1.93B
| $1.93M | 0.12% |
38,928
-34,391
| -47% | -$1.69M |
2015 Q4
2 quarters
|
|
206
Euronet Worldwide
EEFT
$2.36B
| $1.9M | 0.12% |
27,534
+22,934
| +499% | +$1.75M |
2016 Q1
1 quarter
|
|
207
Applied Materials
AMAT
$310B
| $1.9M | 0.12% |
79,038
-46,041
| -37% | -$1.02M |
2015 Q3
3 quarters
|
|
208
Abercrombie & Fitch
ANF
$6.98B
| $1.88M | 0.12% |
+105,471
| New | +$2.51M |
2016 Q2
0 quarters
|
|
|
IPXL
209
DELISTED
Impax Laboratories, Inc.
IPXL
| $1.88M | 0.12% |
+65,115
| New | +$2.12M |
2016 Q2
0 quarters
|
|
210
DELISTED
Treehouse Foods
THS
| $1.86M | 0.12% |
+18,168
| New | +$1.68M |
2016 Q2
0 quarters
|
|
211
AutoZone
AZO
$51B
| $1.85M | 0.12% |
2,330
-1,999
| -46% | -$1.54M |
2016 Q1
1 quarter
|
|
212
Ford
F
$48.9B
| $1.84M | 0.12% |
146,725
-193,233
| -57% | -$2.55M |
2015 Q3
3 quarters
|
|
|
WNR
213
DELISTED
Western Refining Inc
WNR
| $1.82M | 0.11% |
88,274
+9,472
| +12% | +$222K |
2015 Q4
2 quarters
|
|
214
Best Buy
BBY
$20.1B
| $1.8M | 0.11% |
58,784
-76,701
| -57% | -$2.41M |
2015 Q4
2 quarters
|
|
215
Xerox
XRX
$195M
| $1.79M | 0.11% |
71,694
-60,944
| -46% | -$1.6M |
2015 Q1
5 quarters
|
|
216
Rockwell Automation
ROK
$48.4B
| $1.78M | 0.11% |
15,530
+8,686
| +127% | +$995K |
2015 Q4
2 quarters
|
|
217
Owens Corning
OC
$9.6B
| $1.78M | 0.11% |
34,571
+20,271
| +142% | +$1.01M |
2015 Q4
2 quarters
|
|
218
DELISTED
Noble Corporation
NE
| $1.78M | 0.11% |
216,048
-55,588
| -20% | -$530K |
2015 Q4
2 quarters
|
|
219
Robert Half
RHI
$4.48B
| $1.78M | 0.11% |
46,566
+40,822
| +711% | +$1.67M |
2015 Q4
2 quarters
|
|
|
GXP
220
DELISTED
Great Plains Energy Incorporated
GXP
| $1.77M | 0.11% |
58,188
+25,944
| +80% | +$796K |
2016 Q1
1 quarter
|
|
221
FerroAtlántica
GSM
$721M
| $1.77M | 0.11% |
+205,125
| New | +$1.88M |
2016 Q2
0 quarters
|
|
222
SLB Ltd
SLB
$79.3B
| $1.76M | 0.11% |
22,224
-1,879
| -8% | -$144K |
2015 Q3
3 quarters
|
|
223
Halliburton
HAL
$29.9B
| $1.73M | 0.11% |
38,228
-22,538
| -37% | -$927K |
2015 Q4
2 quarters
|
|
224
Barrick Mining
B
$60.9B
| $1.73M | 0.11% |
80,976
+60,076
| +287% | +$1.07M |
2016 Q1
1 quarter
|
|
225
Nasdaq
NDAQ
$59.4B
| $1.72M | 0.11% |
79,698
-87,978
| -52% | -$1.88M |
2015 Q4
2 quarters
|
|
Similar funds
Squarepoint's Q2 2016 Portfolio in Review
As of Q2 2016, Squarepoint held 1,549 positions worth $1.6B, up 24% from $1.29B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Squarepoint deployed $307M of net new capital in Q2 2016, opening 435 new positions and adding to 314 existing holdings. Its largest new stake was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $7.91M trimmed.
- Squarepoint's largest Q2 2016 buy was State Street SPDR S&P MIDCAP 400 ETF Trust: 833,964 shares worth $227M.
- Squarepoint added most to CVS Health in Q2 2016, an estimated $18.9M increase.
- Squarepoint's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $7.91M.
- Squarepoint fully exited Chubb in Q2 2016, selling an estimated $12.6M.
- Squarepoint's ten largest holdings make up 23% of its $1.6B portfolio in Q2 2016.
- Squarepoint opened 435 new positions and closed 482 in Q2 2016.
- Squarepoint's portfolio value rose 24% quarter-over-quarter to $1.6B.
Based on Squarepoint's 13F filing for Q2 2016, filed 15 Aug 2016.