Squarepoint Ops LLC

Quant stat arb Low signal CIK 1642575
League rank
#67
in Quant stat arb · #1659 overall
Long book
$46.29B
Q1 2026
Positions
2601
Top-10 weight
29%
concentration
Last quarter
+14.8%
SPY +14.8%
Turnover
39%
of book per quarter

Strategy in plain words

auto-generated from filings

Squarepoint Ops LLC is a quantitative fund whose holdings reflect models, not opinions, running a $46.29B US long book across 2601 positions.

The portfolio is moderately concentrated (top 10 ≈ 29% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, MICROSOFT CORP, NVIDIA CORP, AMAZON.COM INC, APPLE INC.

Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.4%
Q2 2024
+6.5%
Q3 2024
+1.6%
Q4 2024
-4.1%
Q1 2025
+10.7%
Q2 2025
+7.2%
Q3 2025
+1.4%
Q4 2025
-2.9%
Q1 2026
+14.8%

Sector allocation

Technology
28%
Industrials
15%
Financials
11%
Consumer discretionary
10%
Healthcare
9%
Utilities
6%
Other
6%
Services media
5%

Long book by quarter

$23.99B
Q1 2024
$26.51B
Q2 2024
$30.23B
Q3 2024
$38.64B
Q4 2024
$40.80B
Q1 2025
$45.36B
Q2 2025
$46.88B
Q3 2025
$49.44B
Q4 2025
$46.29B
Q1 2026

What does Squarepoint Ops own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology2.8M$1.03B2.2%+79.3%
NVDA NVIDIA CORPTechnology4.2M$736.6M1.6%-1.8%
AMZN AMAZON.COM INCConsumer discretionary3.3M$684.3M1.5%-20.1%
AAPL APPLE INCTechnology2.7M$679.6M1.5%+38.7%
GOOGL ALPHABET INC-CL ATechnology2.3M$661.8M1.4%+101.0%
TSLA TESLA INCIndustrials1.6M$597.6M1.3%+61.3%
GOOG ALPHABET INC-CL CTechnology1.1M$325.5M0.7%+54.3%
AVGO BROADCOM INCTechnology1.0M$323.0M0.7%-45.8%
GS GOLDMAN SACHS GROUP INCFinancials345.7K$292.5M0.6%+113.0%
WMT WALMART INCConsumer discretionary2.3M$282.7M0.6%+35.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials586.0K$280.8M0.6%+15.8%
QCOM QUALCOMM INCTechnology2.1M$276.7M0.6%+247.2%
V VISA INC-CLASS A SHARESServices media883.3K$267.0M0.6%-5.4%
LLY ELI LILLY & COHealthcare290.2K$266.9M0.6%+38.4%
MU MICRON TECHNOLOGY INCTechnology782.7K$264.4M0.6%+42.2%
COST COSTCO WHOLESALE CORPConsumer discretionary228.5K$227.7M0.5%-38.3%
NSC NORFOLK SOUTHERN CORPIndustrials765.7K$219.7M0.5%-8.5%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary2.4M$218.6M0.5%-0.7%
BKNG BOOKING HOLDINGS INCIndustrials50.6K$212.9M0.5%+40.5%
TMUS T-MOBILE US INCCommunications993.5K$208.7M0.5%-19.6%
MS MORGAN STANLEYFinancials1.2M$197.4M0.4%+75.1%
META META PLATFORMS INC-CLASS ATechnology338.6K$193.7M0.4%-38.1%
MNST MONSTER BEVERAGE CORPConsumer staples2.6M$190.1M0.4%+191.9%
ADI ANALOG DEVICES INCTechnology585.3K$186.2M0.4%+668.6%
SPOT SPOTIFY TECHNOLOGY SACommunications379.9K$184.2M0.4%-20.4%
LRCX LAM RESEARCH CORPIndustrials852.8K$182.2M0.4%-4.9%
KO COCA-COLA CO/THEConsumer staples2.4M$180.3M0.4%+389.2%
JNJ JOHNSON & JOHNSONHealthcare729.0K$178.2M0.4%+128.7%
LNG CHENIERE ENERGY INCUtilities627.8K$178.1M0.4%+217.4%
SNDK SANDISK CORPTechnology278.6K$177.0M0.4%-41.9%
EQT EQT CORPEnergy2.7M$171.4M0.4%+1846.9%
ROKU ROKU INCCommunications1.8M$168.2M0.4%+35.0%
LMT LOCKHEED MARTIN CORPIndustrials274.1K$165.6M0.4%+64.9%
XOM EXXON MOBIL CORPEnergy972.0K$164.9M0.4%-54.0%
SNOW SNOWFLAKE INCTechnology1.1M$159.4M0.3%+270.7%
MCD MCDONALD'S CORPConsumer discretionary498.9K$155.1M0.3%+440.4%
AMD ADVANCED MICRO DEVICESTechnology759.3K$154.5M0.3%-57.2%
PFE PFIZER INCHealthcare5.4M$152.6M0.3%-43.9%
EA ELECTRONIC ARTS INCTechnology735.2K$149.9M0.3%-12.9%
TJX TJX COMPANIES INCConsumer discretionary921.3K$147.1M0.3%-22.2%
CVX CHEVRON CORPEnergy707.1K$146.3M0.3%+55.4%
MDT MEDTRONIC PLCHealthcare1.7M$145.9M0.3%+190.4%
LITE LUMENTUM HOLDINGS INCTechnology205.2K$144.2M0.3%+110.1%
ADSK AUTODESK INCTechnology599.3K$143.5M0.3%+42.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology980.7K$143.5M0.3%-49.3%
SYF SYNCHRONY FINANCIALFinancials2.1M$143.3M0.3%+88.7%
NFLX NETFLIX INCServices media1.5M$142.2M0.3%-61.3%
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare426.7K$141.2M0.3%+21.6%
KMB KIMBERLY-CLARK CORPOther1.4M$135.6M0.3%+1959.5%
GD GENERAL DYNAMICS CORPIndustrials390.8K$134.1M0.3%+45.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20264190$85.12B canonicalSEC ↗
Q4 202513F-HRFeb 13, 20264187$93.98B canonicalSEC ↗
Q3 202513F-HRNov 14, 20254299$99.54B canonicalSEC ↗
Q2 202513F-HR/ARESTATEMENTAug 27, 20254418$96.18B canonicalSEC ↗
Q2 202513F-HRAug 14, 20254418$96.18B SEC ↗
Q1 202513F-HR/ARESTATEMENTAug 27, 20254472$82.39B canonicalSEC ↗
Q1 202513F-HRMay 15, 20254472$82.39B SEC ↗
Q4 202413F-HRFeb 14, 20254964$101.38B canonicalSEC ↗
Q3 202413F-HRNov 14, 20244043$63.94B canonicalSEC ↗
Q2 202413F-HRAug 14, 20243978$60.52B canonicalSEC ↗
Q1 202413F-HRMay 15, 20243944$58.12B canonicalSEC ↗