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 | |
|---|---|---|---|---|---|---|
2551
CALL
Equifax
EFX
$21.8B
| $4.13M | ﹤0.01% |
36,100
+32,500
| +903% | +$3.42M |
|
|
RDC
2552
PUT
DELISTED
Rowan Companies Plc
RDC
| $4.13M | ﹤0.01% |
256,300
+135,000
| +111% | +$1.87M |
|
2553
PUT
Oshkosh
OSK
$9.4B
| $4.12M | ﹤0.01% |
100,800
+62,100
| +160% | +$2.2M |
|
2554
PUT
Stryker
SYK
$131B
| $4.12M | ﹤0.01% |
38,400
-2,200
| -5% | -$217K |
|
|
CHUY
2555
CALL
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.11M | ﹤0.01% |
132,300
+28,500
| +27% | +$922K |
|
|
DNKN
2556
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $4.11M | ﹤0.01% |
87,137
-398,503
| -82% | -$17.1M |
|
2557
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$516M
| $4.11M | ﹤0.01% |
+2,792
| New | +$2.89M |
|
2558
PUT
Red Robin
RRGB
$183M
| $4.11M | ﹤0.01% |
63,700
+44,700
| +235% | +$2.78M |
|
|
EV
2559
DELISTED
Eaton Vance Corp.
EV
| $4.11M | ﹤0.01% |
122,453
+63,116
| +106% | +$1.88M |
|
2560
ProShares Ultra Financials
UYG
$863M
| $4.1M | ﹤0.01% |
+191,154
| New | +$3.78M |
|
2561
PUT
Lincoln National
LNC
$8.67B
| $4.1M | ﹤0.01% |
104,600
+14,000
| +15% | +$547K |
|
|
AMED
2562
PUT
DELISTED
Amedisys
AMED
| $4.1M | ﹤0.01% |
84,800
+69,900
| +469% | +$2.7M |
|
|
FRC
2563
CALL
DELISTED
First Republic Bank
FRC
| $4.1M | ﹤0.01% |
61,500
+52,400
| +576% | +$3.36M |
|
2564
PUT
American Electric Power
AEP
$68.2B
| $4.1M | ﹤0.01% |
61,700
-54,300
| -47% | -$3.36M |
|
2565
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $4.09M | ﹤0.01% |
37,105
+32,434
| +694% | +$3.46M |
|
2566
CALL
FMC
FMC
$1.27B
| $4.09M | ﹤0.01% |
116,914
-24,674
| -17% | -$800K |
|
|
NE
2567
DELISTED
Noble Corporation
NE
| $4.09M | ﹤0.01% |
395,555
+297,400
| +303% | +$2.7M |
|
2568
PUT
Vanguard Morningstar Small-Cap ETF
VB
$83.4B
| $4.09M | ﹤0.01% |
36,700
+7,100
| +24% | +$735K |
|
2569
iShares S&P Small-Cap 600 Value ETF
IJS
$8.43B
| $4.09M | ﹤0.01% |
72,110
+64,710
| +874% | +$3.36M |
|
2570
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$40.1M
| $4.08M | ﹤0.01% |
38
+8
| +27% | +$1.02M |
|
2571
CALL
Wabtec
WAB
$50.3B
| $4.08M | ﹤0.01% |
51,500
-5,000
| -9% | -$346K |
|
|
KITE
2572
DELISTED
Kite Pharma, Inc.
KITE
| $4.08M | ﹤0.01% |
88,936
+25,249
| +40% | +$1.22M |
|
2573
MannKind Corp
MNKD
$1.2B
| $4.08M | ﹤0.01% |
506,773
-140,269
| -22% | -$802K |
|
|
SPYM
2574
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $4.08M | ﹤0.01% |
169,428
+153,124
| +939% | +$3.49M |
|
2575
Canadian Solar
CSIQ
$1.04B
| $4.08M | ﹤0.01% |
211,592
-705,628
| -77% | -$14.5M |
|
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.