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 | |
|---|---|---|---|---|---|---|
301
PUT
lululemon athletica
LULU
$14.6B
| $125M | 0.06% |
1,952,500
-1,324,800
| -40% | -$84.9M |
|
|
MNDT
302
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $125M | 0.06% |
3,178,100
-625,100
| -16% | -$24.2M |
|
303
PUT
Zillow
ZG
$7.63B
| $124M | 0.06% |
3,704,100
+785,400
| +27% | +$27.7M |
|
304
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $124M | 0.06% |
1,643,400
+305,100
| +23% | +$21.3M |
|
305
CALL
Capri Holdings
CPRI
$1.74B
| $123M | 0.06% |
1,873,000
-690,600
| -27% | -$47.4M |
|
|
ICPT
306
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $122M | 0.06% |
434,100
+244,400
| +129% | +$52.9M |
|
307
PUT
Tapestry
TPR
$32.8B
| $122M | 0.06% |
2,949,300
-275,700
| -9% | -$11M |
|
308
PUT
Yum! Brands
YUM
$41.1B
| $121M | 0.06% |
2,145,618
+829,593
| +63% | +$45.3M |
|
|
TWC
309
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $120M | 0.05% |
802,097
+261,796
| +48% | +$39M |
|
310
PUT
AB InBev
BUD
$165B
| $119M | 0.05% |
979,400
+790,000
| +417% | +$95.4M |
|
311
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $119M | 0.05% |
1,129,387
+493,104
| +77% | +$54.6M |
|
|
312
CALL
Zillow
ZG
$7.63B
| $119M | 0.05% |
3,565,500
+599,400
| +20% | +$21.2M |
|
313
CALL
Salesforce
CRM
$158B
| $119M | 0.05% |
1,784,000
-287,200
| -14% | -$17.8M |
|
|
RAI
314
PUT
DELISTED
Reynolds American Inc
RAI
| $119M | 0.05% |
3,450,400
+2,151,400
| +166% | +$75.4M |
|
315
CALL
BP
BP
$107B
| $119M | 0.05% |
3,659,038
-4,151,127
| -53% | -$136M |
|
316
PUT
Home Depot
HD
$355B
| $118M | 0.05% |
1,036,900
-415,600
| -29% | -$45.8M |
|
317
Qualcomm
QCOM
$176B
| $118M | 0.05% |
1,696,352
+662,234
| +64% | +$46.7M |
|
318
General Motors
GM
$76.8B
| $118M | 0.05% |
3,134,724
-5,164,867
| -62% | -$188M |
|
|
MNK
319
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $117M | 0.05% |
926,800
-1,448,300
| -61% | -$166M |
|
320
PUT
RTX Corp
RTX
$301B
| $117M | 0.05% |
1,582,167
-95,023
| -6% | -$7.1M |
|
321
PUT
Blackrock
BLK
$176B
| $116M | 0.05% |
316,900
-143,100
| -31% | -$51.9M |
|
|
MBLY
322
CALL
DELISTED
Mobileye N.V.
MBLY
| $116M | 0.05% |
2,753,700
+1,274,500
| +86% | +$49.6M |
|
323
CALL
Costco
COST
$420B
| $116M | 0.05% |
763,500
-172,300
| -18% | -$25.3M |
|
324
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $115M | 0.05% |
557,975
-843,600
| -60% | -$164M |
|
325
CALL
3D Systems Corp
DDD
$613M
| $115M | 0.05% |
4,195,600
+473,650
| +13% | +$13.9M |
|
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.