Quadrature Capital LLP

Diversified strategyQuality / disciplined sizingLong-term holder

Total reported value

$109.3M

Reporting period: 2015-06-30 · Number of holdings: 131

Quadrature Capital LLP disclosed 131 holdings in its latest 13F filing for the period ending 2015-06-30, with total reported value of $109.3M and a quarterly turnover rate of 0.0%.

Personality snowflake

Concentration: 5.31
Portfolio Stability: 0
Momentum/Contrarian: 50
Sector conviction: 38.64
Diversification: 100
Sizing Uniformity: 91.38

Recent moves

Sold out ED
Sold out INTC
Sold out ADSK
Sold out NVO
Sold out RHT1EUR
New buy TSM

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	2.70%	+2.70%	NEW
2	WDC	Western Digital CORP	Stock-Tech	2.64%	+2.64%	NEW
3	BKNG	Booking Hldgs INC	Stock-Consumer Disc	2.63%	+0.37%	+87.69%
4	JNJ	Johnson & Johnson	Stock-Healthcare	2.59%	+2.59%	NEW
5	ADM	Archer-daniels-midland Co	Stock-Consumer Staples	2.54%	+2.54%	NEW
6	SNDK	Sandisk Corporation	Stock-Tech	2.40%	+2.40%	NEW
7	ACN	Accenture plc	Stock-Tech	2.35%	—	+13.28%
8	AIG	American International Group	Stock-Financials	2.32%	+2.32%	NEW
9	TGT	Target CORP	Stock-Consumer Disc	2.29%	+2.29%	NEW
10	T	At&t INC	Stock-Comm Services	2.21%	+2.21%	NEW
11	FISV	Fiserv INC	Stock-Other	2.11%	+2.11%	NEW
12	NFLX	Netflix INC	Stock-Comm Services	2.02%	+2.02%	NEW
13	POST	Post Holdings INC	Stock-Consumer Staples	1.91%	+1.91%	NEW
14	JBHT	Hunt (jb) Transprt Svcs INC	Stock-Industrials	1.88%	+1.88%	NEW
15	LOW	Lowe's Cos INC	Stock-Consumer Disc	1.83%	+1.82%	NEW
16	TSN	Tyson Foods Inc-cl A	Stock-Consumer Staples	1.78%	+1.78%	NEW
17	IDXX	Idexx Laboratories INC	Stock-Healthcare	1.69%	+1.69%	NEW
18	TSLA	Tesla INC	Stock-Consumer Disc	1.60%	—	+6.71%
19	TWTRUSD	Twitter INC	Stock-Other	1.52%	+1.52%	NEW
20	UNP	Union Pacific CORP	Stock-Industrials	1.32%	+1.32%	NEW
21	✓		Stock-Other	1.30%	+1.30%	NEW
22	ZAYOEUR	Zayo Group Holdings INC	Stock-Other	1.28%	+1.28%	NEW
23	REYN	Reynolds Consumer Products Inc.	Stock-Other	1.23%	+1.23%	NEW
24	✓	Cbs CORP New	Stock-Other	1.17%	+1.17%	NEW
25	CF	Cf Industries Holdings INC	Stock-Materials	1.17%	+1.17%	NEW
26	LUV	Southwest Airlines Co	Stock-Industrials	1.14%	+1.14%	NEW
27	APD	Air Products & Chemicals INC	Stock-Materials	1.11%	+1.11%	NEW
28	HAS	Hasbro INC	Stock-Consumer Disc	1.10%	+1.10%	NEW
29	✓	Mallinckrodt PLC	Stock-Other	1.06%	—	+311.58%
30	CAH	Cardinal Health INC	Stock-Healthcare	1.05%	+1.05%	NEW
31	LCEUR	Happen INC	Stock-Other	1.05%	+1.05%	NEW
32	NVS	Novartis Ag-sponsored Adr	Stock-Healthcare	1.04%	+1.04%	NEW
33	GLW	Corning INC	Stock-Tech	1.03%	+1.03%	NEW
34	ET	Energy Transfer LP	Stock-Energy	0.97%	—	+110.18%
35	UPS	United Parcel Service-cl B	Stock-Industrials	0.94%	+0.94%	NEW
36	HCA	Hca Healthcare INC	Stock-Healthcare	0.92%	+0.92%	NEW
37	HLT	Hilton Worldwide Holdings Inc.	Stock-Consumer Disc	0.86%	—	—
38	PSX	Phillips 66	Stock-Energy	0.86%	—	—
39	PLD	Prologis INC	Stock-Real Estate	0.84%	—	—
40	NBL2EUR	Noble Energy INC	Stock-Other	0.82%	—	—
41	EMR	Emerson Electric Co	Stock-Industrials	0.75%	—	—
42	WT	Wisdomtree INC	Stock-Other	0.75%	—	—
43	TEL	TE Connectivity plc	Stock-Tech	0.75%	—	—
44	KBH	Kb Home	Stock-Consumer Disc	0.74%	—	—
45	EA	Electronic Arts INC	Stock-Comm Services	0.72%	—	—
46	USB	US Bancorp	Stock-Financials	0.68%	—	—
47	✓	Cyberark Software LTD	Stock-Other	0.67%	—	—
48	IVZ	Invesco Ltd.	Stock-Financials	0.67%	—	—
49	CRM	Salesforce INC	Stock-Tech	0.67%	—	—
50	AXP	American Express Company	Stock-Financials	0.67%	—	—

1–50 of 131

Portfolio Performance

Not enough priced holdings yet to compute performance

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2015-06-30	131	$109.3M	0	1TSM 2WDC 3BKNG Top holdings2015-06-30 1.TSM 2.WDC 3.BKNG 4.JNJ 5.ADM 6.SNDK 7.ACN 8.AIG 9.TGT 10.T
2015-03-31	104	$68.7M	100	1ED 2ACN 3INTC Top holdings2015-03-31 1.ED 2.ACN 3.INTC 4.ADSK 5.NVO 6.RHT1EUR 7.PG 8.BKNG 9.MU 10.DIS
2014-12-31	73	$27.1M	0	1ORCL 2ACN 3MCD Top holdings2014-12-31 1.ORCL 2.ACN 3.MCD 4.Z 5.CP 6.HSY 7.268648 8.767754 9.O 10.CSCO

Holding changes this quarter

Quadrature Capital LLP's most significant position changes for 2015-06-30: New buy: Taiwan Semiconductor-sp Adr (TSM); New buy: Western Digital CORP (WDC); New buy: Johnson & Johnson (JNJ); New buy: Archer-daniels-midland Co (ADM); New buy: Sandisk Corporation (SNDK).

Position changes disclosed by Quadrature Capital LLP for the quarter ending 2015-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	TSM	Taiwan Semiconductor-sp Adr	+2.7%	NEW	New buy
2	WDC	Western Digital CORP	+2.6%	NEW	New buy
3	JNJ	Johnson & Johnson	+2.6%	NEW	New buy
4	ADM	Archer-daniels-midland Co	+2.5%	NEW	New buy
5	SNDK	Sandisk Corporation	+2.4%	NEW	New buy
6	AIG	American International Group	+2.3%	NEW	New buy
7	TGT	Target CORP	+2.3%	NEW	New buy
8	T	At&t INC	+2.2%	NEW	New buy
9	FISV	Fiserv INC	+2.1%	NEW	New buy
10	NFLX	Netflix INC	+2%	NEW	New buy
11	POST	Post Holdings INC	+1.9%	NEW	New buy
12	JBHT	Hunt (jb) Transprt Svcs INC	+1.9%	NEW	New buy
13	LOW	Lowe's Cos INC	+1.8%	NEW	New buy
14	TSN	Tyson Foods Inc-cl A	+1.8%	NEW	New buy
15	IDXX	Idexx Laboratories INC	+1.7%	NEW	New buy
16	TWTRUSD	Twitter INC	+1.5%	NEW	New buy
17	UNP	Union Pacific CORP	+1.3%	NEW	New buy
18	✓		+1.3%	NEW	New buy
19	ZAYOEUR	Zayo Group Holdings INC	+1.3%	NEW	New buy
20	REYN	Reynolds Consumer Products Inc.	+1.2%	NEW	New buy
21	✓	Cbs CORP New	+1.2%	NEW	New buy
22	CF	Cf Industries Holdings INC	+1.2%	NEW	New buy
23	LUV	Southwest Airlines Co	+1.1%	NEW	New buy
24	APD	Air Products & Chemicals INC	+1.1%	NEW	New buy
25	HAS	Hasbro INC	+1.1%	NEW	New buy
26	CAH	Cardinal Health INC	+1.1%	NEW	New buy
27	LCEUR	Happen INC	+1.1%	NEW	New buy
28	NVS	Novartis Ag-sponsored Adr	+1%	NEW	New buy
29	GLW	Corning INC	+1%	NEW	New buy
30	UPS	United Parcel Service-cl B	+0.9%	NEW	New buy
31	HCA	Hca Healthcare INC	+0.9%	NEW	New buy
32	BKNG	Booking Hldgs INC	+0.4%	+87.69%	Add
33	SJR-BEUR	Shaw Communications Inc-b	-1.4%	EXIT	Sold out
34	NKE	Nike INC -cl B	-1.5%	EXIT	Sold out
35	COO	The Cooper Companies, Inc.	-1.5%	EXIT	Sold out
36	KDP	Keurig Dr Pepper Inc.	-1.6%	EXIT	Sold out
37	OLN	Olin CORP	-1.6%	EXIT	Sold out
38	AMT	American Tower CORP	-1.7%	EXIT	Sold out
39	YYEUR	Yy Inc-adr	-1.7%	EXIT	Sold out
40	LVS	Las Vegas Sands CORP	-1.7%	EXIT	Sold out
41	FBIN	Fortune Brands Innovations I	-1.7%	EXIT	Sold out
42	CCI	Crown Castle INC	-1.8%	EXIT	Sold out
43	DIS	Walt Disney Co/the	-2%	EXIT	Sold out
44	MU	Micron Technology INC	-2.1%	EXIT	Sold out
45	PG	Procter & Gamble Co/the	-2.4%	EXIT	Sold out
46	RHT1EUR	Red Hat INC	-2.8%	EXIT	Sold out
47	NVO	Novo-nordisk A/s-spons Adr	-2.8%	EXIT	Sold out
48	ADSK	Autodesk INC	-3%	EXIT	Sold out
49	INTC	Intel CORP	-3.2%	EXIT	Sold out
50	ED	Consolidated Edison INC	-3.3%	EXIT	Sold out

FAQ

What is Quadrature Capital LLP and what type of investor is it?

Quadrature Capital LLP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2015-06-30), the firm manages a tracked equity portfolio valued at approximately $109.3M, spread across 131 disclosed positions.

What are Quadrature Capital LLP's largest equity positions?

Based on the latest 13F filing, Quadrature Capital LLP's top holdings by market value are: 1. Taiwan Semiconductor-sp Adr (TSM) — $3.0M (2.7%) 2. Western Digital CORP (WDC) — $2.9M (2.6%) 3. Booking Hldgs INC (BKNG) — $2.9M (2.6%) 4. Johnson & Johnson (JNJ) — $2.8M (2.6%) 5. Archer-daniels-midland Co (ADM) — $2.8M (2.5%)

What changes did Quadrature Capital LLP make in its most recent portfolio filing?

In the latest reported quarter, Quadrature Capital LLP made 50 notable position adjustments: 31 new positions were initiated, 1 existing holdings were added to, 0 positions were partially reduced, and 18 were completely exited. The largest of these moves: New buy: Taiwan Semiconductor-sp Adr (TSM); New buy: Western Digital CORP (WDC); New buy: Johnson & Johnson (JNJ); New buy: Archer-daniels-midland Co (ADM); New buy: Sandisk Corporation (SNDK)

What sectors does Quadrature Capital LLP focus on?

Quadrature Capital LLP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 20.7% • Consumer Discretionary: 14.4% • Health Care: 13.7% • Industrials: 12.2% • Consumer Staples: 11.6% • Financials: 8.3%