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 | |
|---|---|---|---|---|---|---|
3476
iShares MSCI Spain ETF
EWP
$2.22B
| $2.31M | ﹤0.01% |
85,129
-5,341
| -6% | -$140K |
|
|
ZGNX
3477
CALL
DELISTED
Zogenix, Inc.
ZGNX
| $2.31M | ﹤0.01% |
250,400
-98,700
| -28% | -$989K |
|
3478
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.9M
| $2.31M | ﹤0.01% |
30,300
+700
| +2% | +$50.7K |
|
3479
CALL
Boyd Gaming
BYD
$6.1B
| $2.31M | ﹤0.01% |
111,900
-157,800
| -59% | -$2.79M |
|
3480
Renasant Corp
RNST
$3.98B
| $2.31M | ﹤0.01% |
70,235
-20,364
| -22% | -$648K |
|
3481
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.35B
| $2.31M | ﹤0.01% |
586,000
-434,000
| -43% | -$1.39M |
|
|
EVHC
3482
CALL
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $2.31M | ﹤0.01% |
+37,842
| New | +$2.49M |
|
3483
iShares US Oil & Gas Exploration & Production ETF
IEO
$595M
| $2.31M | ﹤0.01% |
44,442
+28,527
| +179% | +$1.36M |
|
3484
Vanguard Dividend Appreciation ETF
VIG
$114B
| $2.31M | ﹤0.01% |
28,426
+3,084
| +12% | +$236K |
|
|
XEC
3485
DELISTED
CIMAREX ENERGY CO
XEC
| $2.31M | ﹤0.01% |
23,752
-10,685
| -31% | -$939K |
|
3486
Hubbell
HUBB
$27B
| $2.31M | ﹤0.01% |
21,800
+13,464
| +162% | +$1.29M |
|
3487
VirnetX Holding Corp
VHC
$63.2M
| $2.31M | ﹤0.01% |
25,126
-62,625
| -71% | -$5.79M |
|
3488
CALL
BorgWarner
BWA
$13.9B
| $2.3M | ﹤0.01% |
68,160
-177,102
| -72% | -$5.25M |
|
|
TGI
3489
PUT
DELISTED
Triumph Group
TGI
| $2.3M | ﹤0.01% |
73,200
+44,100
| +152% | +$1.34M |
|
3490
CALL
Heron Therapeutics
HRTX
$62.7M
| $2.3M | ﹤0.01% |
121,300
-191,600
| -61% | -$3.78M |
|
|
ULTI
3491
DELISTED
Ultimate Software Group Inc
ULTI
| $2.3M | ﹤0.01% |
11,899
+9,107
| +326% | +$1.58M |
|
3492
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $2.3M | ﹤0.01% |
29,300
+23,000
| +365% | +$1.69M |
|
3493
PUT
Boston Properties
BXP
$10.9B
| $2.3M | ﹤0.01% |
18,100
+3,800
| +27% | +$451K |
|
3494
PUT
Brookdale Senior Living
BKD
$3.05B
| $2.3M | ﹤0.01% |
144,800
-261,300
| -64% | -$3.99M |
|
3495
CALL
Commercial Metals
CMC
$7.99B
| $2.3M | ﹤0.01% |
135,400
+70,600
| +109% | +$1.03M |
|
3496
PUT
AptarGroup
ATR
$8.4B
| $2.3M | ﹤0.01% |
+29,300
| New | +$2.15M |
|
3497
Alkermes
ALKS
$8.27B
| $2.29M | ﹤0.01% |
67,117
+61,680
| +1,134% | +$2.44M |
|
3498
Vanguard FTSE Pacific ETF
VPL
$8.63B
| $2.29M | ﹤0.01% |
41,438
-81,990
| -66% | -$4.35M |
|
3499
Agios Pharmaceuticals
AGIO
$1.96B
| $2.29M | ﹤0.01% |
56,353
-42,002
| -43% | -$1.8M |
|
3500
TE Connectivity
TEL
$62.7B
| $2.29M | ﹤0.01% |
36,946
-4,291
| -10% | -$249K |
|
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.