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 MSCI Taiwan ETF
EWT
|
+$102M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$85.3M |
| 3 |
Intuit
INTU
|
+$76.5M |
| 4 |
Home Depot
HD
|
+$71.6M |
| 5 |
Cigna
CI
|
+$44.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Brazil ETF
EWZ
|
+$119M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$69M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$51.1M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$47.4M |
| 5 |
iShares MSCI India ETF
INDA
|
+$47.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17% |
| 2 | Financials | 13.53% |
| 3 | Healthcare | 13.33% |
| 4 | Technology | 13.18% |
| 5 | Industrials | 11.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
201
iShares MSCI Singapore ETF
EWS
$1.04B
| $11.1M | 0.15% |
462,457
+391,361
| +550% | +$10.4M |
2018 Q1
1 quarter
|
|
|
LLL
202
DELISTED
L3 Technologies, Inc.
LLL
| $11.1M | 0.15% |
57,520
+21,238
| +59% | +$4.24M |
2015 Q3
11 quarters
|
|
203
Penumbra
PEN
$12.7B
| $11M | 0.15% |
+79,932
| New | +$11.4M |
2018 Q2
0 quarters
|
|
204
Stanley Black & Decker
SWK
$17.2B
| $10.9M | 0.15% |
82,411
-97,890
| -54% | -$14.1M |
2017 Q4
2 quarters
|
|
205
Palo Alto Networks
PANW
$274B
| $10.9M | 0.14% |
319,140
+187,740
| +143% | +$6.26M |
2016 Q3
7 quarters
|
|
206
Viatris
VTRS
$24.2B
| $10.9M | 0.14% |
301,259
+279,280
| +1,271% | +$11M |
2017 Q4
2 quarters
|
|
207
CenterPoint Energy
CNP
$27.1B
| $10.8M | 0.14% |
389,262
-782,726
| -67% | -$20.5M |
2016 Q4
6 quarters
|
|
208
ConocoPhillips
COP
$162B
| $10.7M | 0.14% |
153,564
+148,664
| +3,034% | +$9.9M |
2017 Q1
5 quarters
|
|
209
Republic Services
RSG
$75.7B
| $10.7M | 0.14% |
156,292
-69,297
| -31% | -$4.67M |
2017 Q2
4 quarters
|
|
|
VMW
210
DELISTED
VMware, Inc
VMW
| $10.6M | 0.14% |
72,020
-5,109
| -7% | -$704K |
2018 Q1
1 quarter
|
|
211
Hewlett Packard
HPE
$67.3B
| $10.5M | 0.14% |
717,202
+82,089
| +13% | +$1.36M |
2017 Q4
2 quarters
|
|
212
Barrick Mining
B
$64.6B
| $10.4M | 0.14% |
+794,579
| New | +$10.4M |
2018 Q2
0 quarters
|
|
|
PFPT
213
DELISTED
Proofpoint, Inc.
PFPT
| $10.4M | 0.14% |
90,477
+80,577
| +814% | +$9.8M |
2017 Q4
2 quarters
|
|
214
Dominion Energy
D
$59.7B
| $10.4M | 0.14% |
152,571
-417,630
| -73% | -$27.2M |
2018 Q1
1 quarter
|
|
215
GoDaddy
GDDY
$13.8B
| $10.4M | 0.14% |
+146,878
| New | +$10M |
2018 Q2
0 quarters
|
|
216
Merck
MRK
$361B
| $10.4M | 0.14% |
178,849
+166,281
| +1,323% | +$9.38M |
2018 Q1
1 quarter
|
|
217
Accenture
ACN
$150B
| $10.3M | 0.14% |
63,197
+58,097
| +1,139% | +$9.04M |
2017 Q4
2 quarters
|
|
218
Motorola Solutions
MSI
$88B
| $10.3M | 0.14% |
88,347
+24,618
| +39% | +$2.71M |
2015 Q4
10 quarters
|
|
|
WBC
219
DELISTED
WABCO HOLDINGS INC.
WBC
| $10.2M | 0.14% |
87,093
+48,421
| +125% | +$6.16M |
2017 Q2
4 quarters
|
|
|
ABMD
220
DELISTED
Abiomed Inc
ABMD
| $10.2M | 0.14% |
+24,904
| New | +$9.02M |
2018 Q2
0 quarters
|
|
221
D.R. Horton
DHI
$39.9B
| $10.1M | 0.13% |
+246,911
| New | +$10.7M |
2018 Q2
0 quarters
|
|
222
DELISTED
Masimo
MASI
| $10.1M | 0.13% |
103,460
+100,635
| +3,562% | +$9.6M |
2016 Q2
8 quarters
|
|
223
Owens Corning
OC
$9.48B
| $10M | 0.13% |
158,081
+8,552
| +6% | +$591K |
2018 Q1
1 quarter
|
|
224
ON Semiconductor
ON
$28.7B
| $10M | 0.13% |
450,420
+143,937
| +47% | +$3.48M |
2017 Q4
2 quarters
|
|
225
Eastman Chemical
EMN
$7.56B
| $10M | 0.13% |
100,176
+12,880
| +15% | +$1.36M |
2017 Q4
2 quarters
|
|
Similar funds
Squarepoint's Q2 2018 Portfolio in Review
As of Q2 2018, Squarepoint held 2,269 positions worth $7.55B, up 20% from $6.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Squarepoint deployed $1.17B of net new capital in Q2 2018, opening 635 new positions and adding to 628 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI India ETF, an estimated $47.3M trimmed.
- Squarepoint's largest Q2 2018 buy was Vanguard FTSE Emerging Markets ETF: 1,889,716 shares worth $79.7M.
- Squarepoint added most to iShares MSCI Taiwan ETF in Q2 2018, an estimated $102M increase.
- Squarepoint's biggest Q2 2018 reduction was iShares MSCI India ETF, cutting an estimated $47.3M.
- Squarepoint fully exited iShares MSCI Brazil ETF in Q2 2018, selling an estimated $119M.
- Squarepoint's ten largest holdings make up 9.4% of its $7.55B portfolio in Q2 2018.
- Squarepoint opened 635 new positions and closed 556 in Q2 2018.
- Squarepoint's portfolio value rose 20% quarter-over-quarter to $7.55B.
Based on Squarepoint's 13F filing for Q2 2018, filed 14 Aug 2018.