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 | |
|---|---|---|---|---|---|---|
|
HEWG
2676
DELISTED
iShares Currency Hedged MSCI Germany ETF
HEWG
| $3.79M | ﹤0.01% |
164,717
+114,345
| +227% | +$2.56M |
|
2677
Black Hills Corp
BKH
$5.64B
| $3.79M | ﹤0.01% |
62,942
+33,434
| +113% | +$1.78M |
|
2678
PUT
AGCO
AGCO
$6.96B
| $3.78M | ﹤0.01% |
76,100
-8,400
| -10% | -$404K |
|
2679
CALL
McCormick & Company Non-Voting
MKC
$14.6B
| $3.77M | ﹤0.01% |
75,800
+36,600
| +93% | +$1.64M |
|
2680
CALL
Ferrari
RACE
$72.5B
| $3.77M | ﹤0.01% |
+90,400
| New | +$3.65M |
|
2681
CALL
Exelixis
EXEL
$12.5B
| $3.76M | ﹤0.01% |
939,800
-30,700
| -3% | -$130K |
|
2682
PUT
Vanguard Energy ETF
VDE
$10.4B
| $3.76M | ﹤0.01% |
43,800
+13,600
| +45% | +$1.09M |
|
2683
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $3.76M | ﹤0.01% |
104,735
+84,335
| +413% | +$2.91M |
|
2684
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $3.76M | ﹤0.01% |
+74,518
| New | +$3.75M |
|
2685
iShares Government/Credit Bond ETF
GBF
$128M
| $3.76M | ﹤0.01% |
+32,662
| New | +$3.71M |
|
2686
Pinnacle West Capital
PNW
$12.2B
| $3.75M | ﹤0.01% |
49,975
+2,650
| +6% | +$181K |
|
2687
CALL
O'Reilly Automotive
ORLY
$74.9B
| $3.75M | ﹤0.01% |
205,500
-670,500
| -77% | -$11.4M |
|
2688
Aon
AON
$75.7B
| $3.75M | ﹤0.01% |
35,879
-19,388
| -35% | -$1.82M |
|
|
SWFT
2689
CALL
DELISTED
Swift Transportation Company
SWFT
| $3.75M | ﹤0.01% |
201,000
-123,800
| -38% | -$2.01M |
|
2690
Cogent Communications
CCOI
$530M
| $3.74M | ﹤0.01% |
95,756
-45,440
| -32% | -$1.58M |
|
2691
CALL
SBA Communications
SBAC
$19.8B
| $3.74M | ﹤0.01% |
37,300
-59,300
| -61% | -$5.67M |
|
|
WBIC
2692
DELISTED
WBI BullBear Yield 2000 ETF
WBIC
| $3.74M | ﹤0.01% |
179,706
+113,585
| +172% | +$2.33M |
|
|
2693
Vanguard Energy ETF
VDE
$10.4B
| $3.73M | ﹤0.01% |
43,515
+21,170
| +95% | +$1.7M |
|
2694
TAL Education Group
TAL
$6.43B
| $3.73M | ﹤0.01% |
450,804
+180,804
| +67% | +$1.44M |
|
2695
PUT
Global Payments
GPN
$25.1B
| $3.73M | ﹤0.01% |
57,100
-26,500
| -32% | -$1.57M |
|
2696
PUT
Silgan Holdings
SLGN
$4.46B
| $3.73M | ﹤0.01% |
140,200
+128,000
| +1,049% | +$3.32M |
|
2697
CALL
Genesis Energy
GEL
$1.92B
| $3.73M | ﹤0.01% |
117,200
-246,500
| -68% | -$6.85M |
|
2698
International Paper
IP
$21.8B
| $3.72M | ﹤0.01% |
95,821
-493,858
| -84% | -$17.2M |
|
2699
Dycom Industries
DY
$12.3B
| $3.72M | ﹤0.01% |
57,568
+23,490
| +69% | +$1.43M |
|
|
DCP
2700
CALL
DELISTED
DCP Midstream, LP
DCP
| $3.72M | ﹤0.01% |
136,600
-8,100
| -6% | -$170K |
|
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.