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 | |
|---|---|---|---|---|---|---|
276
CALL
Williams Companies
WMB
$86.1B
| $137M | 0.06% |
2,710,400
-1,519,500
| -36% | -$70.4M |
|
277
Visteon
VC
$2.78B
| $136M | 0.06% |
1,410,235
+95,314
| +7% | +$9.51M |
|
278
IBM
IBM
$224B
| $136M | 0.06% |
885,174
-72,806
| -8% | -$11M |
|
279
CALL
United Airlines
UAL
$42.1B
| $135M | 0.06% |
2,006,100
-1,338,300
| -40% | -$90.7M |
|
280
PUT
Transocean
RIG
$5.82B
| $135M | 0.06% |
9,178,000
-2,862,700
| -24% | -$46.4M |
|
281
Caterpillar
CAT
$387B
| $135M | 0.06% |
1,682,116
+1,187,458
| +240% | +$98.7M |
|
|
X
282
PUT
DELISTED
US Steel
X
| $134M | 0.06% |
5,502,800
-383,900
| -7% | -$9.11M |
|
283
CALL
CF Industries
CF
$17.3B
| $134M | 0.06% |
2,357,000
-2,956,500
| -56% | -$176M |
|
|
BHI
284
PUT
DELISTED
Baker Hughes
BHI
| $134M | 0.06% |
2,102,300
+151,600
| +8% | +$9.15M |
|
|
MON
285
CALL
DELISTED
Monsanto Co
MON
| $134M | 0.06% |
1,187,000
-784,200
| -40% | -$93.2M |
|
286
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $133M | 0.06% |
6,008,600
+3,476,200
| +137% | +$80.3M |
|
287
PUT
GoPro
GPRO
$126M
| $133M | 0.06% |
3,064,900
-889,100
| -22% | -$41.9M |
|
288
CALL
iShares MSCI Brazil ETF
EWZ
$8.95B
| $133M | 0.06% |
4,239,500
-927,700
| -18% | -$31.5M |
|
289
PUT
MetLife
MET
$62.1B
| $133M | 0.06% |
2,946,821
+313,711
| +12% | +$14.1M |
|
290
CALL
Kinder Morgan
KMI
$68.7B
| $132M | 0.06% |
3,142,700
-3,803,100
| -55% | -$157M |
|
291
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $131M | 0.06% |
1,242,300
+741,200
| +148% | +$82M |
|
|
292
PUT
CF Industries
CF
$17.3B
| $130M | 0.06% |
2,288,000
-625,500
| -21% | -$37.3M |
|
293
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$206M
| $127M | 0.06% |
1,873,100
-463,000
| -20% | -$27.9M |
|
294
PUT
Cheniere Energy
LNG
$52.9B
| $127M | 0.06% |
1,639,700
-1,816,600
| -53% | -$136M |
|
|
ANDV
295
CALL
DELISTED
Andeavor
ANDV
| $127M | 0.06% |
1,389,700
+139,700
| +11% | +$11.7M |
|
296
PUT
American International
AIG
$41.3B
| $126M | 0.06% |
2,307,700
-1,293,300
| -36% | -$69.4M |
|
297
CALL
Humana
HUM
$46.2B
| $125M | 0.06% |
704,400
+269,200
| +62% | +$42.6M |
|
298
CALL
Philip Morris
PM
$295B
| $125M | 0.06% |
1,663,100
-106,300
| -6% | -$8.63M |
|
299
Visa
V
$677B
| $125M | 0.06% |
1,915,317
-994,879
| -34% | -$65.8M |
|
300
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $125M | 0.06% |
2,269,900
-672,000
| -23% | -$35M |
|
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.