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 | |
|---|---|---|---|---|---|---|
251
CALL
Teva Pharmaceuticals
TEVA
$41.2B
| $124M | 0.07% |
2,318,100
-744,300
| -24% | -$43.7M |
|
252
CALL
Micron Technology
MU
$991B
| $124M | 0.07% |
11,809,300
-945,300
| -7% | -$10.6M |
|
253
NETSCOUT
NTCT
$2.79B
| $123M | 0.07% |
5,365,580
-605,675
| -10% | -$13.6M |
|
254
CALL
ConocoPhillips
COP
$141B
| $123M | 0.07% |
3,059,100
+127,300
| +4% | +$4.84M |
|
255
CALL
Tyson Foods
TSN
$20.4B
| $123M | 0.07% |
1,845,900
-534,400
| -22% | -$32.1M |
|
256
CALL
Eli Lilly
LLY
$1.06T
| $122M | 0.07% |
1,699,900
-230,700
| -12% | -$17.5M |
|
|
PARA
257
CALL
DELISTED
Paramount Global Class B
PARA
| $121M | 0.06% |
2,199,700
-169,500
| -7% | -$8.25M |
|
258
CALL
Monster Beverage
MNST
$88.5B
| $121M | 0.06% |
5,434,800
+903,000
| +20% | +$20.1M |
|
259
Blackstone
BX
$110B
| $120M | 0.06% |
4,291,760
-1,162,408
| -21% | -$30.7M |
|
260
Herbalife
HLF
$1.29B
| $119M | 0.06% |
3,867,092
+1,720,978
| +80% | +$44.4M |
|
261
CALL
Yum! Brands
YUM
$41.1B
| $117M | 0.06% |
1,992,608
-555,148
| -22% | -$29.1M |
|
|
AET
262
PUT
DELISTED
Aetna Inc
AET
| $117M | 0.06% |
1,041,600
+38,200
| +4% | +$4.09M |
|
263
Wells Fargo
WFC
$264B
| $117M | 0.06% |
2,418,582
+233,871
| +11% | +$11.5M |
|
|
LNKD
264
PUT
DELISTED
LinkedIn Corporation
LNKD
| $117M | 0.06% |
1,022,100
-76,300
| -7% | -$11.2M |
|
265
PUT
Skyworks Solutions
SWKS
$10.6B
| $117M | 0.06% |
1,500,000
+9,700
| +0.7% | +$658K |
|
|
LNKD
266
CALL
DELISTED
LinkedIn Corporation
LNKD
| $117M | 0.06% |
1,021,800
+70,400
| +7% | +$10.3M |
|
267
ExxonMobil
XOM
$634B
| $116M | 0.06% |
1,392,448
+680,483
| +96% | +$54.5M |
|
268
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $115M | 0.06% |
2,909,200
-8,878,600
| -75% | -$331M |
|
269
PUT
Comcast
CMCSA
$90B
| $115M | 0.06% |
3,764,800
-1,940,600
| -34% | -$55.7M |
|
270
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $115M | 0.06% |
944,725
+247,250
| +35% | +$26.8M |
|
|
SNDK
271
PUT
DELISTED
SANDISK CORP
SNDK
| $114M | 0.06% |
1,497,500
-280,300
| -16% | -$20.2M |
|
|
APC
272
CALL
DELISTED
Anadarko Petroleum
APC
| $114M | 0.06% |
2,438,900
+389,000
| +19% | +$15.8M |
|
|
273
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $113M | 0.06% |
932,800
-164,650
| -15% | -$17.8M |
|
274
CALL
Lockheed Martin
LMT
$136B
| $113M | 0.06% |
509,900
+315,900
| +163% | +$68M |
|
275
CALL
Trip.com Group
TCOM
$29.1B
| $113M | 0.06% |
2,551,300
+675,300
| +36% | +$28.2M |
|
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.