Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$444M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 3 |
Bank of America
BAC
|
+$191M |
| 4 |
Citigroup
C
|
+$182M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$518M |
| 3 |
Meta Platforms (Facebook)
META
|
+$292M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$245M |
| 5 |
AGN
Allergan plc
AGN
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.93% |
| 2 | Technology | 1.6% |
| 3 | Consumer Discretionary | 1.4% |
| 4 | Communication Services | 1.36% |
| 5 | Healthcare | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
RTX Corp
RTX
$301B
| $136M | 0.07% |
2,165,171
+170,340
| +9% | +$9.88M |
|
227
PUT
Eli Lilly
LLY
$1.06T
| $136M | 0.07% |
1,890,400
+41,900
| +2% | +$3.17M |
|
228
CALL
Under Armour
UAA
$2.6B
| $136M | 0.07% |
3,209,000
+1,146,600
| +56% | +$45.2M |
|
|
PXD
229
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $136M | 0.07% |
966,800
-254,200
| -21% | -$31.5M |
|
230
Ford
F
$55.7B
| $134M | 0.07% |
9,942,603
-13,008,293
| -57% | -$164M |
|
231
CALL
Texas Instruments
TXN
$261B
| $134M | 0.07% |
2,337,600
+519,000
| +29% | +$27.6M |
|
232
CALL
EOG Resources
EOG
$70.7B
| $134M | 0.07% |
1,846,300
+281,300
| +18% | +$19.4M |
|
233
PUT
United Parks & Resorts
PRKS
$2.12B
| $134M | 0.07% |
6,347,400
+2,957,500
| +87% | +$55.3M |
|
234
CALL
General Motors
GM
$76.8B
| $133M | 0.07% |
4,239,900
-4,539,200
| -52% | -$137M |
|
235
CALL
FedEx
FDX
$75.4B
| $131M | 0.07% |
806,200
+134,600
| +20% | +$18.7M |
|
236
PUT
Macy's
M
$6.68B
| $130M | 0.07% |
2,955,600
+610,300
| +26% | +$25.2M |
|
237
CALL
Las Vegas Sands
LVS
$29.6B
| $130M | 0.07% |
2,509,500
+575,800
| +30% | +$26.4M |
|
|
238
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $129M | 0.07% |
986,642
-4,041,115
| -80% | -$518M |
|
239
CALL
JD.com
JD
$44.5B
| $128M | 0.07% |
4,832,000
-1,702,700
| -26% | -$44.7M |
|
240
PUT
Merck
MRK
$318B
| $128M | 0.07% |
2,531,654
+317,440
| +14% | +$15.5M |
|
241
PUT
Expedia Group
EXPE
$37.3B
| $127M | 0.07% |
1,182,200
-32,200
| -3% | -$3.43M |
|
242
Qualcomm
QCOM
$176B
| $127M | 0.07% |
2,483,904
+265,538
| +12% | +$12.9M |
|
243
PUT
First Solar
FSLR
$26.9B
| $127M | 0.07% |
1,852,200
+650,200
| +54% | +$43.6M |
|
244
PUT
ConocoPhillips
COP
$141B
| $126M | 0.07% |
3,133,600
+816,900
| +35% | +$31.1M |
|
245
PUT
Costco
COST
$420B
| $126M | 0.07% |
799,700
-415,200
| -34% | -$62.9M |
|
246
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$42.7B
| $125M | 0.07% |
1,849,500
+738,500
| +66% | +$49.5M |
|
247
CALL
Altria Group
MO
$114B
| $125M | 0.07% |
1,993,300
+516,000
| +35% | +$31.2M |
|
248
Morgan Stanley
MS
$340B
| $125M | 0.07% |
4,993,210
+2,203,745
| +79% | +$56.2M |
|
249
CALL
Phillips 66
PSX
$81.4B
| $125M | 0.07% |
1,440,600
+674,100
| +88% | +$54.8M |
|
250
CALL
Lowe's Companies
LOW
$125B
| $124M | 0.07% |
1,641,100
+762,400
| +87% | +$53.8M |
|
Similar funds
Susquehanna International Group's Q1 2016 Portfolio in Review
As of Q1 2016, Susquehanna International Group held 10,537 positions worth $188B, down 13% from $216B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group withdrew a net $22.6B in Q1 2016, closing 1,613 positions and reducing 4,303 holdings. Its most notable exit was KEURIG GREEN MTN INC, an estimated $84.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 1.9% of assets, down from 2.1% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in iShares National Muni Bond ETF worth $17.4M.
- Susquehanna International Group's largest Q1 2016 buy was iShares National Muni Bond ETF: 155,932 shares worth $17.4M.
- Susquehanna International Group added most to iShares MSCI Emerging Markets ETF in Q1 2016, an estimated $444M increase.
- Susquehanna International Group's biggest Q1 2016 reduction was Apple, cutting an estimated $2.59B.
- Susquehanna International Group fully exited KEURIG GREEN MTN INC in Q1 2016, selling an estimated $84.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $188B portfolio in Q1 2016.
- Susquehanna International Group opened 1,208 new positions and closed 1,613 in Q1 2016.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $188B.
Based on Susquehanna International Group's 13F filing for Q1 2016, filed 13 May 2016.