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 | |
|---|---|---|---|---|---|---|
2701
PUT
Alkermes
ALKS
$8.3B
| $5.05M | ﹤0.01% |
82,900
+42,200
| +104% | +$2.88M |
|
|
SBNY
2702
CALL
DELISTED
Signature Bank
SBNY
| $5.05M | ﹤0.01% |
39,000
+34,700
| +807% | +$4.31M |
|
2703
CALL
Mid-America Apartment Communities
MAA
$15.6B
| $5.05M | ﹤0.01% |
65,300
+41,400
| +173% | +$3.18M |
|
|
IPXL
2704
DELISTED
Impax Laboratories, Inc.
IPXL
| $5.04M | ﹤0.01% |
107,581
+80,511
| +297% | +$3.2M |
|
|
SNCR
2705
CALL
DELISTED
Synchronoss Technologies
SNCR
| $5.04M | ﹤0.01% |
11,800
+7,456
| +172% | +$2.94M |
|
|
OREX
2706
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $5.03M | ﹤0.01% |
64,287
-40,292
| -39% | -$2.5M |
|
2707
CALL
Cheniere Energy
CQP
$32.6B
| $5.03M | ﹤0.01% |
167,800
+67,000
| +66% | +$2.06M |
|
2708
PUT
Alto Ingredients
ALTO
$326M
| $5.02M | ﹤0.01% |
465,300
-57,100
| -11% | -$550K |
|
2709
Liberty Media Series A
FWONA
$23.7B
| $5.02M | ﹤0.01% |
193,667
+37,807
| +24% | +$945K |
|
2710
Target
TGT
$70.6B
| $5.02M | ﹤0.01% |
61,127
-162,861
| -73% | -$12.6M |
|
2711
Sempra
SRE
$56.5B
| $5.01M | ﹤0.01% |
91,990
-13,136
| -12% | -$724K |
|
|
FNSR
2712
CALL
DELISTED
Finisar Corp
FNSR
| $5.01M | ﹤0.01% |
234,800
-46,200
| -16% | -$941K |
|
2713
Ovintiv
OVV
$17.2B
| $5.01M | ﹤0.01% |
89,855
+9,141
| +11% | +$575K |
|
2714
Fidelity National Information Services
FIS
$22.8B
| $5.01M | ﹤0.01% |
73,581
-15,894
| -18% | -$1.04M |
|
|
GXP
2715
DELISTED
Great Plains Energy Incorporated
GXP
| $5M | ﹤0.01% |
187,406
+165,967
| +774% | +$4.6M |
|
2716
PUT
TC Energy
TRP
$65.8B
| $5M | ﹤0.01% |
117,000
-69,900
| -37% | -$3.12M |
|
|
CMRX
2717
CALL
DELISTED
Chimerix, Inc.
CMRX
| $5M | ﹤0.01% |
132,600
+69,200
| +109% | +$2.75M |
|
2718
News Corp Class B
NWS
$17.8B
| $5M | ﹤0.01% |
314,804
-270,436
| -46% | -$4.26M |
|
2719
Waters Corp
WAT
$40.6B
| $4.99M | ﹤0.01% |
40,158
-54,091
| -57% | -$6.45M |
|
2720
PUT
Manitowoc
MTW
$753M
| $4.98M | ﹤0.01% |
255,125
-368,060
| -59% | -$6.9M |
|
|
YELL
2721
PUT
DELISTED
Yellow Corporation Common Stock
YELL
| $4.98M | ﹤0.01% |
277,400
-194,600
| -41% | -$3.61M |
|
|
LLTC
2722
DELISTED
Linear Technology Corp
LLTC
| $4.98M | ﹤0.01% |
106,369
+31,605
| +42% | +$1.48M |
|
|
INFA
2723
CALL
DELISTED
INFORMATICA CORP
INFA
| $4.97M | ﹤0.01% |
113,400
-56,000
| -33% | -$2.33M |
|
|
HOLX
2724
PUT
DELISTED
Hologic
HOLX
| $4.97M | ﹤0.01% |
150,500
-4,000
| -3% | -$123K |
|
2725
PUT
Novartis
NVS
$288B
| $4.97M | ﹤0.01% |
56,246
-18,861
| -25% | -$1.67M |
|
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.