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 | 1.95% |
| 2 | Technology | 1.63% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.39% |
| 5 | Healthcare | 1.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TSL
3376
PUT
DELISTED
Trina Solar Limited
TSL
| $2.44M | ﹤0.01% |
245,100
-697,100
| -74% | -$6.92M |
|
3377
CALL
Plains GP Holdings
PAGP
$5.06B
| $2.43M | ﹤0.01% |
105,182
+77,582
| +281% | +$1.59M |
|
3378
Lear
LEA
$8.24B
| $2.43M | ﹤0.01% |
21,878
-139,304
| -86% | -$14.7M |
|
|
ORAN
3379
DELISTED
Orange
ORAN
| $2.43M | ﹤0.01% |
139,930
-47,703
| -25% | -$823K |
|
3380
CALL
ANI Pharmaceuticals
ANIP
$1.73B
| $2.43M | ﹤0.01% |
72,200
-118,000
| -62% | -$4M |
|
3381
CALL
Guidewire Software
GWRE
$14.7B
| $2.43M | ﹤0.01% |
44,600
-54,200
| -55% | -$2.83M |
|
3382
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $2.43M | ﹤0.01% |
54,142
-230,640
| -81% | -$9.97M |
|
3383
Designer Brands
DBI
$300M
| $2.42M | ﹤0.01% |
87,691
-77,490
| -47% | -$1.94M |
|
|
WPX
3384
PUT
DELISTED
WPX Energy, Inc.
WPX
| $2.42M | ﹤0.01% |
346,200
+33,700
| +11% | +$172K |
|
3385
CACI
CACI
$14.7B
| $2.42M | ﹤0.01% |
22,675
+18,431
| +434% | +$1.72M |
|
3386
Invesco DB Base Metals Fund
DBB
$315M
| $2.42M | ﹤0.01% |
194,777
+58,613
| +43% | +$702K |
|
3387
First Trust Small Cap Value AlphaDEX Fund
FYT
$202M
| $2.42M | ﹤0.01% |
85,256
+39,269
| +85% | +$1.01M |
|
|
LKM
3388
CALL
DELISTED
Link Motion Inc.
LKM
| $2.42M | ﹤0.01% |
528,100
-76,000
| -13% | -$283K |
|
3389
CALL
SiriusXM
SIRI
$9.52B
| $2.42M | ﹤0.01% |
61,220
-45,230
| -42% | -$1.69M |
|
3390
Teradyne
TER
$62.7B
| $2.42M | ﹤0.01% |
111,900
-14,731
| -12% | -$288K |
|
3391
Canadian Pacific Kansas City
CP
$83B
| $2.41M | ﹤0.01% |
90,935
-58,970
| -39% | -$1.44M |
|
3392
Asbury Automotive
ABG
$3.77B
| $2.41M | ﹤0.01% |
40,324
+28,224
| +233% | +$1.54M |
|
|
EXAS
3393
DELISTED
Exact Sciences
EXAS
| $2.41M | ﹤0.01% |
358,036
-154,019
| -30% | -$985K |
|
|
USCR
3394
CALL
DELISTED
U S Concrete, Inc.
USCR
| $2.41M | ﹤0.01% |
40,500
+29,600
| +272% | +$1.51M |
|
3395
PUT
iShares MSCI South Africa ETF
EZA
$560M
| $2.41M | ﹤0.01% |
45,500
-2,000
| -4% | -$91.7K |
|
|
ALE
3396
DELISTED
Allete
ALE
| $2.41M | ﹤0.01% |
43,007
-3,866
| -8% | -$206K |
|
3397
Danaher
DHR
$143B
| $2.41M | ﹤0.01% |
37,822
-1,227,801
| -97% | -$73.2M |
|
3398
CALL
Globe Life
GL
$14.1B
| $2.41M | ﹤0.01% |
44,500
-4,100
| -8% | -$218K |
|
3399
PUT
Marriott Vacations Worldwide
VAC
$4.2B
| $2.41M | ﹤0.01% |
35,700
+11,700
| +49% | +$662K |
|
|
LPNT
3400
PUT
DELISTED
LifePoint Health, Inc.
LPNT
| $2.41M | ﹤0.01% |
34,800
+30,500
| +709% | +$2.04M |
|
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 2% of assets, down from 2.2% 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.