Squarepoint Ops portfolio

What changed this quarter

3117 positions with a change (606 new, 993 added to, 1020 trimmed, 498 sold); also, 21 entered through an IPO, 42 exited through an acquisition or merger, 8 entered through a spin-off. 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF−34%fewer sharesReduced
  17.2% → 11.8%
• Alphabet−1.8 ppof portfolioReduced
  2.1% → 0.6%
• State Str Spdr S&P 500 ETF T+415%more sharesIncreased
  0.3% → 1.8%
• State Street Comm Select Sector SPDR ETF+1.0 ppof portfolioNew
  — → 1.0%
• Applied Materials+216%more sharesIncreased
  0.2% → 1.5%
• Microsoft−31%fewer sharesReduced
  2.2% → 1.4%
• Micron Technology−44%fewer sharesReduced
  0.6% → 1.0%
• Qualcomm−65%fewer sharesReduced
  0.6% → 0.3%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• iShares Core S&P 500 ETFIVV11.8%
• State Str Spdr S&P 500 ETF TSPY1.8%
• Amazon.comAMZN1.8%
• NVIDIANVDA1.7%
• AppleAAPL1.6%
• Applied MaterialsAMAT1.5%
• MicrosoftMSFT1.4%
• Advanced Micro DevicesAMD1.2%
• State Street Comm Select Sector SPDR ETFXLC1.0%
• Micron TechnologyMU1.0%
• TeslaTSLA1.0%
• SandiskSNDK0.9%
• WalmartWMT0.9%
• BroadcomAVGO0.8%
• Analog DevicesADI0.7%
• Exxon MobilXOM0.7%
• ChevronCVX0.7%
• KLAKLAC0.6%
• Johnson & JohnsonJNJ0.6%
• Meta PlatformsMETA0.6%
• Intuitive SurgicalISRG0.6%
• Berkshire HathawayBRK/B0.6%
• Eli LillyLLY0.6%
• Lumentum HoldingsLITE0.6%
• AlphabetGOOGL · GOOG0.6%
• PepsicoPEP0.5%
• EquinixEQIX0.5%
• Goldman Sachs GroupGS0.5%
• IntuitINTU0.5%
• Lam ResearchLRCX0.5%
• Gilead SciencesGILD0.5%
• Space Exploration TechnologiesSPCX0.4%
• Morgan StanleyMS0.4%
• SnowflakeSNOW0.4%
• Marriott InternationalMAR0.4%
• Palantir TechnologiesPLTR0.4%
• LindeLIN0.4%
• O Reilly AutomotiveORLY0.3%
• IntelINTC0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• UnitedHealth GroupUNH0.3%
• T. Rowe PriceTROW0.3%
• ServiceNowNOW0.3%
• Monster BeverageMNST0.3%
• Chipotle Mexican GrillCMG0.3%
• MedtronicMDT0.3%
• NetflixNFLX0.3%
• Idexx LaboratoriesIDXX0.3%
• CSXCSX0.3%
• Ross StoresROST0.3%
• Wells FargoWFC0.3%
• CloudflareNET0.3%
• CencoraCOR0.3%
• Capital One FinancialCOF0.3%
• Astera LabsALAB0.3%
• T-mobile USTMUS0.3%
• State Street Energy Select Sector ETFXLE0.3%
• TerawulfWULF0.3%
• Electronic ArtsEA0.3%
• Devon EnergyDVN0.3%
• Norfolk SouthernNSC0.3%
• McKESSONMCK0.3%
• Marathon PetroleumMPC0.3%
• Bloom EnergyBE0.3%
• QualcommQCOM0.3%
• DanaherDHR0.3%
• PPLPPL0.3%
• AmphenolAPH0.3%
• Western DigitalWDC0.3%
• Diamondback EnergyFANG0.3%
• OracleORCL0.2%
• Cigna GroupCI0.2%
• Regeneron PharmaceuticalsREGN0.2%
• VisaV0.2%
• AccentureACN0.2%
• Chart Industries0.2%
• Warner Bros. DiscoveryWBD0.2%
• MerckMRK0.2%
• BoeingBA0.2%
• CintasCTAS0.2%
• KenvueKVUE0.2%
• WoodwardWWD0.2%
• FastenalFAST0.2%
• ZscalerZS0.2%
• Costco WholesaleCOST0.2%
• Kimberly ClarkKMB0.2%
• iShares 20+ Year Treasury BD ETFTLT0.2%
• SemtechSMTC0.2%
• NikeNKE0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• Alliant EnergyLNT0.2%
• Regions FinancialRF0.2%
• TJXTJX0.2%
• Illinois Tool WorksITW0.2%
• Quanta ServicesPWR0.2%
• iShares China Large-cap ETFFXI0.2%
• Murphy USAMUSA0.2%
• DatadogDDOG0.2%
• Southern Copper Corp/SCCO0.2%