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 | |
|---|---|---|---|---|---|---|
3026
iShares TIPS Bond ETF
TIP
$14.7B
| $4.03M | ﹤0.01% |
35,461
-27,347
| -44% | -$3.1M |
|
3027
CVR Partners
UAN
$1.26B
| $4.03M | ﹤0.01% |
30,633
+13,966
| +84% | +$1.74M |
|
|
ARIA
3028
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $4.03M | ﹤0.01% |
488,656
-1,235,227
| -72% | -$9.13M |
|
3029
American Financial Group
AFG
$12B
| $4.02M | ﹤0.01% |
62,725
-11,481
| -15% | -$711K |
|
|
DNR
3030
PUT
DELISTED
Denbury Resources, Inc.
DNR
| $4.02M | ﹤0.01% |
551,800
+169,200
| +44% | +$1.31M |
|
|
HSP
3031
DELISTED
HOSPIRA INC
HSP
| $4.02M | ﹤0.01% |
45,778
+20,275
| +80% | +$1.59M |
|
|
PHH
3032
CALL
DELISTED
PHH Corporation
PHH
| $4.02M | ﹤0.01% |
166,200
+111,800
| +206% | +$2.7M |
|
3033
CALL
CoStar Group
CSGP
$13.4B
| $4.02M | ﹤0.01% |
203,000
| – | – |
|
3034
Lennar Class B
LEN.B
$20.1B
| $4.01M | ﹤0.01% |
104,759
+64,647
| +161% | +$2.31M |
|
3035
CALL
VeriSign
VRSN
$25.6B
| $4.01M | ﹤0.01% |
59,900
-45,000
| -43% | -$2.74M |
|
3036
PUT
Urban Outfitters
URBN
$6.63B
| $4.01M | ﹤0.01% |
87,800
-305,200
| -78% | -$11.9M |
|
|
AVP
3037
DELISTED
Avon Products, Inc.
AVP
| $4.01M | ﹤0.01% |
501,608
-1,429,070
| -74% | -$11.9M |
|
3038
AES
AES
$10.5B
| $4.01M | ﹤0.01% |
311,810
+196,540
| +171% | +$2.46M |
|
3039
Lands' End
LE
$391M
| $4M | ﹤0.01% |
111,624
+72,750
| +187% | +$2.89M |
|
3040
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $4M | ﹤0.01% |
82,700
+48,900
| +145% | +$2.34M |
|
3041
PUT
Kinross Gold
KGC
$32.6B
| $4M | ﹤0.01% |
1,784,200
+7,600
| +0.4% | +$22.1K |
|
3042
Rockwell Medical
RMTI
$29.6M
| $3.99M | ﹤0.01% |
3,323
+736
| +28% | +$862K |
|
3043
RLJ Lodging Trust
RLJ
$1.66B
| $3.99M | ﹤0.01% |
127,509
-97,566
| -43% | -$3.23M |
|
3044
Equity Residential
EQR
$24.2B
| $3.99M | ﹤0.01% |
51,241
-51,110
| -50% | -$3.99M |
|
|
DVAX
3045
CALL
DELISTED
Dynavax Technologies
DVAX
| $3.99M | ﹤0.01% |
177,800
-33,300
| -16% | -$638K |
|
3046
Cintas
CTAS
$81.4B
| $3.98M | ﹤0.01% |
195,160
-25,200
| -11% | -$511K |
|
|
ZNGA
3047
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $3.98M | ﹤0.01% |
1,397,600
+89,000
| +7% | +$230K |
|
|
GLUU
3048
DELISTED
Glu Mobile Inc.
GLUU
| $3.98M | ﹤0.01% |
794,232
-646,195
| -45% | -$2.89M |
|
|
SUBD
3049
DELISTED
DEUTSCHE X-TRACKERS SOLACTIVE INVT GRADE SUB DEBT ETF
SUBD
| $3.98M | ﹤0.01% |
154,492
+4,102
| +3% | +$106K |
|
|
CEMP
3050
PUT
DELISTED
Cempra, Inc.
CEMP
| $3.98M | ﹤0.01% |
115,900
+21,200
| +22% | +$637K |
|
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.