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 Core MSCI Emerging Markets ETF
IEMG
|
+$179M |
| 2 |
Intuit
INTU
|
+$36.9M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$35.2M |
| 4 |
Altria Group
MO
|
+$32.6M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$25.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares China Large-Cap ETF
FXI
|
+$43.3M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$22.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$20.2M |
| 4 |
Lockheed Martin
LMT
|
+$18M |
| 5 |
Starbucks
SBUX
|
+$16.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.09% |
| 2 | Technology | 13.06% |
| 3 | Healthcare | 11.75% |
| 4 | Industrials | 11.74% |
| 5 | Consumer Discretionary | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
RDC
201
DELISTED
Rowan Companies Plc
RDC
| $4.48M | 0.12% |
287,570
+176,872
| +160% | +$3.11M |
2016 Q1
4 quarters
|
|
202
iShares Russell 2000 Value ETF
IWN
$14B
| $4.47M | 0.12% |
+37,863
| New | +$4.49M |
2017 Q1
0 quarters
|
|
203
Invesco
IVZ
$12.5B
| $4.44M | 0.12% |
144,887
+115,136
| +387% | +$3.6M |
2015 Q2
7 quarters
|
|
204
Quanta Services
PWR
$91.3B
| $4.41M | 0.12% |
+118,786
| New | +$4.34M |
2017 Q1
0 quarters
|
|
205
The Mosaic Company
MOS
$6.92B
| $4.4M | 0.12% |
+150,680
| New | +$4.65M |
2017 Q1
0 quarters
|
|
206
iShares MSCI Hong Kong ETF
EWH
$1.3B
| $4.39M | 0.12% |
197,228
+160,442
| +436% | +$3.43M |
2016 Q4
1 quarter
|
|
|
FRC
207
DELISTED
First Republic Bank
FRC
| $4.38M | 0.12% |
46,698
+43,998
| +1,630% | +$4.14M |
2016 Q4
1 quarter
|
|
208
Albemarle
ALB
$11.2B
| $4.36M | 0.12% |
+41,323
| New | +$4.02M |
2017 Q1
0 quarters
|
|
209
ManpowerGroup
MAN
$2.14B
| $4.36M | 0.12% |
42,541
+17,734
| +71% | +$1.72M |
2015 Q3
6 quarters
|
|
210
PPL Corp
PPL
$26.5B
| $4.36M | 0.12% |
116,489
-112,989
| -49% | -$4.04M |
2016 Q2
3 quarters
|
|
211
Bristol-Myers Squibb
BMY
$127B
| $4.32M | 0.12% |
+79,442
| New | +$4.36M |
2017 Q1
0 quarters
|
|
212
Waters Corp
WAT
$90.8B
| $4.3M | 0.12% |
27,544
+3,798
| +16% | +$567K |
2016 Q2
3 quarters
|
|
213
Micron Technology
MU
$903B
| $4.3M | 0.12% |
+148,783
| New | +$3.63M |
2017 Q1
0 quarters
|
|
214
DELISTED
Dun & Bradstreet
DNB
| $4.27M | 0.12% |
39,580
+37,566
| +1,865% | +$4.25M |
2016 Q1
4 quarters
|
|
215
Chevron
CVX
$422B
| $4.25M | 0.12% |
39,571
+27,097
| +217% | +$3.04M |
2016 Q4
1 quarter
|
|
|
KSU
216
DELISTED
Kansas City Southern
KSU
| $4.23M | 0.12% |
49,372
+22,372
| +83% | +$1.92M |
2016 Q1
4 quarters
|
|
217
Edwards Lifesciences
EW
$60.8B
| $4.21M | 0.12% |
+134,403
| New | +$4.21M |
2017 Q1
0 quarters
|
|
218
GE Aerospace
GE
$343B
| $4.18M | 0.12% |
+29,233
| New | +$4.23M |
2017 Q1
0 quarters
|
|
219
KeyCorp
KEY
$22.5B
| $4.11M | 0.11% |
231,025
+188,737
| +446% | +$3.45M |
2016 Q1
4 quarters
|
|
220
DELISTED
Sprint Corporation
S
| $4.09M | 0.11% |
471,328
+191,428
| +68% | +$1.67M |
2016 Q2
3 quarters
|
|
221
NetApp
NTAP
$36.5B
| $4.08M | 0.11% |
97,405
+84,219
| +639% | +$3.32M |
2016 Q3
2 quarters
|
|
|
ARRS
222
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $4.08M | 0.11% |
+154,077
| New | +$4.31M |
2017 Q1
0 quarters
|
|
223
DELISTED
TEGNA Inc
TGNA
| $4.07M | 0.11% |
+248,300
| New | +$3.82M |
2017 Q1
0 quarters
|
|
224
DELISTED
Juniper Networks
JNPR
| $3.99M | 0.11% |
+143,360
| New | +$4M |
2017 Q1
0 quarters
|
|
225
Franco-Nevada
FNV
$47.8B
| $3.99M | 0.11% |
+60,890
| New | +$3.92M |
2017 Q1
0 quarters
|
|
Similar funds
Squarepoint's Q1 2017 Portfolio in Review
As of Q1 2017, Squarepoint held 2,234 positions worth $3.63B, up 48% from $2.44B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Squarepoint deployed $976M of net new capital in Q1 2017, opening 503 new positions and adding to 514 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
By sector, the portfolio is most concentrated in Miscellaneous at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $20.2M trimmed.
- Squarepoint's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 3,877,250 shares worth $185M.
- Squarepoint added most to Intuit in Q1 2017, an estimated $36.9M increase.
- Squarepoint's biggest Q1 2017 reduction was Meta Platforms (Facebook), cutting an estimated $20.2M.
- Squarepoint fully exited iShares China Large-Cap ETF in Q1 2017, selling an estimated $43.3M.
- Squarepoint's ten largest holdings make up 14% of its $3.63B portfolio in Q1 2017.
- Squarepoint opened 503 new positions and closed 757 in Q1 2017.
- Squarepoint's portfolio value rose 48% quarter-over-quarter to $3.63B.
Based on Squarepoint's 13F filing for Q1 2017, filed 15 May 2017.