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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.58B |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$244M |
| 4 |
Coca-Cola
KO
|
+$222M |
| 5 |
United States Oil Fund
USO
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$456M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$433M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$341M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$318M |
| 5 |
YHOO
Yahoo Inc
YHOO
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.95% |
| 2 | Financials | 1.86% |
| 3 | Consumer Discretionary | 1.84% |
| 4 | Healthcare | 1.45% |
| 5 | Energy | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2651
CALL
Itaú Unibanco
ITUB
$80.9B
| $5.2M | ﹤0.01% |
1,173,269
-925,635
| -44% | -$4.52M |
|
2652
PUT
Fortinet
FTNT
$121B
| $5.2M | ﹤0.01% |
744,000
-287,000
| -28% | -$1.87M |
|
2653
PUT
Jefferies Financial Group
JEF
$12.9B
| $5.2M | ﹤0.01% |
260,403
-454,447
| -64% | -$9.39M |
|
2654
Kohl's
KSS
$2.22B
| $5.19M | ﹤0.01% |
66,374
+26,152
| +65% | +$1.78M |
|
|
QEP
2655
DELISTED
QEP RESOURCES, INC.
QEP
| $5.19M | ﹤0.01% |
248,946
-299,515
| -55% | -$6.26M |
|
|
AXLL
2656
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $5.19M | ﹤0.01% |
110,500
+71,100
| +180% | +$3.21M |
|
|
CTRA
2657
CALL
DELISTED
Coterra Energy
CTRA
| $5.18M | ﹤0.01% |
175,600
-251,200
| -59% | -$7.12M |
|
2658
CALL
Banco Macro
BMA
$5.14B
| $5.18M | ﹤0.01% |
90,600
+77,900
| +613% | +$3.86M |
|
2659
PUT
Canadian National Railway
CNI
$77.2B
| $5.18M | ﹤0.01% |
77,500
+28,700
| +59% | +$1.95M |
|
2660
PUT
Ligand Pharmaceuticals
LGND
$5.76B
| $5.18M | ﹤0.01% |
107,722
+58,189
| +117% | +$2.23M |
|
|
SWIR
2661
DELISTED
Sierra Wireless
SWIR
| $5.18M | ﹤0.01% |
156,523
+20,409
| +15% | +$766K |
|
|
LO
2662
DELISTED
LORILLARD INC COM STK
LO
| $5.17M | ﹤0.01% |
79,185
-175,373
| -69% | -$11.7M |
|
2663
PUT
Gogo Inc
GOGO
$377M
| $5.17M | ﹤0.01% |
271,100
-23,500
| -8% | -$400K |
|
2664
Edgewell Personal Care
EPC
$1.31B
| $5.16M | ﹤0.01% |
50,447
+33,808
| +203% | +$3.35M |
|
2665
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.67B
| $5.16M | ﹤0.01% |
19
-23
| -55% | -$6.43M |
|
2666
Pebblebrook Hotel Trust
PEB
$2.05B
| $5.15M | ﹤0.01% |
110,676
+13,090
| +13% | +$624K |
|
|
TGP
2667
CALL
DELISTED
Teekay LNG Partners L.P.
TGP
| $5.15M | ﹤0.01% |
138,000
+77,700
| +129% | +$2.94M |
|
|
OREX
2668
PUT
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $5.15M | ﹤0.01% |
65,820
-6,980
| -10% | -$433K |
|
|
ASB.WS
2669
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $5.15M | ﹤0.01% |
2,043,908
| – | – |
|
2670
CALL
Navios Maritime Partners
NMM
$2.31B
| $5.15M | ﹤0.01% |
30,800
+23,367
| +314% | +$4.21M |
|
2671
ING
ING
$102B
| $5.14M | ﹤0.01% |
351,846
+267,695
| +318% | +$3.66M |
|
|
CBL
2672
DELISTED
CBL& Associates Properties, Inc.
CBL
| $5.14M | ﹤0.01% |
259,523
-153,733
| -37% | -$3.1M |
|
2673
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.08B
| $5.13M | ﹤0.01% |
+78,384
| New | +$5.04M |
|
2674
Advance Auto Parts
AAP
$3.46B
| $5.13M | ﹤0.01% |
34,276
-84,547
| -71% | -$13M |
|
2675
PUT
Mid-America Apartment Communities
MAA
$15.6B
| $5.13M | ﹤0.01% |
66,400
+29,400
| +79% | +$2.26M |
|
Similar funds
Susquehanna International Group's Q1 2015 Portfolio in Review
As of Q1 2015, Susquehanna International Group held 10,735 positions worth $220B, down 13% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group withdrew a net $35.6B in Q1 2015, closing 1,393 positions and reducing 4,492 holdings. Its most notable exit was RF MICRO DEVICES INC, an estimated $38.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.5% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in AB InBev worth $97.4M.
- Susquehanna International Group's largest Q1 2015 buy was AB InBev: 798,828 shares worth $97.4M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $1.58B increase.
- Susquehanna International Group's biggest Q1 2015 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $456M.
- Susquehanna International Group fully exited RF MICRO DEVICES INC in Q1 2015, selling an estimated $38.3M.
- Susquehanna International Group's ten largest holdings make up 25% of its $220B portfolio in Q1 2015.
- Susquehanna International Group opened 1,178 new positions and closed 1,393 in Q1 2015.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $220B.
Based on Susquehanna International Group's 13F filing for Q1 2015, filed 15 May 2015.