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 |
Invesco QQQ Trust
QQQ
|
+$65.8M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$65.6M |
| 3 |
Lowe's Companies
LOW
|
+$61.6M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$59.2M |
| 5 |
iShares MSCI India ETF
INDA
|
+$40.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$274M |
| 2 |
iShares MSCI Taiwan ETF
EWT
|
+$93.6M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$50.9M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$48.2M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$37.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 14.45% |
| 2 | Technology | 13.1% |
| 3 | Consumer Discretionary | 12.53% |
| 4 | Healthcare | 11.49% |
| 5 | Industrials | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
201
Federal Realty Investment Trust
FRT
$9.6B
| $6.98M | 0.13% |
+56,200
| New | +$7.23M |
2017 Q3
0 quarters
|
|
202
Henry Schein
HSIC
$9.19B
| $6.95M | 0.13% |
108,049
+84,620
| +361% | +$5.77M |
2016 Q3
4 quarters
|
|
|
CPN
203
DELISTED
Calpine Corporation
CPN
| $6.82M | 0.13% |
462,369
+34,886
| +8% | +$498K |
2017 Q1
2 quarters
|
|
204
Estee Lauder
EL
$38.2B
| $6.8M | 0.13% |
+63,083
| New | +$6.47M |
2017 Q3
0 quarters
|
|
205
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$798B
| $6.78M | 0.13% |
27,000
-298,500
| -92% | -$73.6M |
2017 Q1
2 quarters
|
|
206
Dick's Sporting Goods
DKS
$13.5B
| $6.78M | 0.13% |
251,034
+193,056
| +333% | +$6.14M |
2017 Q2
1 quarter
|
|
207
Huntington Ingalls Industries
HII
$12.5B
| $6.75M | 0.13% |
29,805
+22,567
| +312% | +$4.71M |
2017 Q1
2 quarters
|
|
|
ARRS
208
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $6.7M | 0.13% |
235,272
+33,680
| +17% | +$933K |
2017 Q1
2 quarters
|
|
209
Elevance Health
ELV
$89.7B
| $6.57M | 0.13% |
34,607
-14,858
| -30% | -$2.83M |
2017 Q2
1 quarter
|
|
210
Newell Brands
NWL
$2.4B
| $6.5M | 0.13% |
152,317
-6,552
| -4% | -$320K |
2017 Q1
2 quarters
|
|
211
Conagra Brands
CAG
$6.88B
| $6.45M | 0.12% |
191,200
-290,365
| -60% | -$9.9M |
2016 Q3
4 quarters
|
|
212
State Street Health Care Select Sector SPDR ETF
XLV
$48.4B
| $6.45M | 0.12% |
+78,921
| New | +$6.34M |
2017 Q3
0 quarters
|
|
213
American Homes 4 Rent
AMH
$11.3B
| $6.42M | 0.12% |
+295,808
| New | +$6.64M |
2017 Q3
0 quarters
|
|
214
Norfolk Southern
NSC
$76.6B
| $6.42M | 0.12% |
48,546
-49,589
| -51% | -$6.03M |
2016 Q3
4 quarters
|
|
215
Jabil
JBL
$28B
| $6.41M | 0.12% |
+224,491
| New | +$6.79M |
2017 Q3
0 quarters
|
|
216
Cummins
CMI
$68.9B
| $6.31M | 0.12% |
37,540
+1,226
| +3% | +$198K |
2016 Q4
3 quarters
|
|
217
Hudson Pacific Properties
HPP
$536M
| $6.29M | 0.12% |
26,810
+5,987
| +29% | +$1.36M |
2015 Q4
7 quarters
|
|
218
BHP
BHP
$199B
| $6.27M | 0.12% |
173,499
+68,274
| +65% | +$2.5M |
2017 Q2
1 quarter
|
|
219
DaVita
DVA
$11.5B
| $6.2M | 0.12% |
104,314
-66,882
| -39% | -$4.03M |
2016 Q2
5 quarters
|
|
220
Old Republic International
ORI
$9.3B
| $6.17M | 0.12% |
313,449
+127,052
| +68% | +$2.46M |
2017 Q1
2 quarters
|
|
221
FirstEnergy
FE
$27.3B
| $6.15M | 0.12% |
199,547
+14,772
| +8% | +$465K |
2017 Q2
1 quarter
|
|
222
Yum China
YUMC
$16.1B
| $6.13M | 0.12% |
153,463
+78,724
| +105% | +$2.93M |
2016 Q4
3 quarters
|
|
223
HP
HPQ
$25.5B
| $6.13M | 0.12% |
307,253
+20,050
| +7% | +$382K |
2015 Q1
10 quarters
|
|
224
HF Sinclair
DINO
$19.4B
| $6.12M | 0.12% |
+170,100
| New | +$5.12M |
2017 Q3
0 quarters
|
|
225
Tapestry
TPR
$24B
| $6.09M | 0.12% |
151,121
+145,197
| +2,451% | +$6.4M |
2017 Q2
1 quarter
|
|
Similar funds
Squarepoint's Q3 2017 Portfolio in Review
As of Q3 2017, Squarepoint held 2,083 positions worth $5.2B, up 2.3% from $5.08B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Squarepoint's Q3 2017 filing shows 588 new, 511 increased, 480 reduced and 501 closed positions. Its largest new stake was iShares MSCI Japan ETF: 1,203,234 shares worth $67M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $274M.
By sector, the portfolio is most concentrated in Miscellaneous at 14% of assets, down from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Squarepoint's largest Q3 2017 buy was iShares MSCI Japan ETF: 1,203,234 shares worth $67M.
- Squarepoint added most to Invesco QQQ Trust in Q3 2017, an estimated $65.8M increase.
- Squarepoint's biggest Q3 2017 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $274M.
- Squarepoint fully exited iShares MSCI Taiwan ETF in Q3 2017, selling an estimated $93.6M.
- Squarepoint's ten largest holdings make up 11% of its $5.2B portfolio in Q3 2017.
- Squarepoint opened 588 new positions and closed 501 in Q3 2017.
- Squarepoint's portfolio value rose 2.3% quarter-over-quarter to $5.2B.
Based on Squarepoint's 13F filing for Q3 2017, filed 14 Nov 2017.