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 | |
|---|---|---|---|---|---|---|
3526
Sonida Senior Living
SNDA
$1.92B
| $2.26M | ﹤0.01% |
8,125
-3,894
| -32% | -$1.01M |
|
3527
CALL
Bio-Rad Laboratories Class A
BIO
$9.59B
| $2.26M | ﹤0.01% |
16,500
+9,500
| +136% | +$1.25M |
|
3528
CALL
Vanguard Health Care ETF
VHT
$18.9B
| $2.26M | ﹤0.01% |
18,300
-9,700
| -35% | -$1.18M |
|
|
FINL
3529
DELISTED
Finish Line
FINL
| $2.26M | ﹤0.01% |
106,900
+64,016
| +149% | +$1.19M |
|
|
CPN
3530
PUT
DELISTED
Calpine Corporation
CPN
| $2.26M | ﹤0.01% |
148,700
-253,400
| -63% | -$3.56M |
|
3531
HEICO Corp Class A
HEI.A
$38.1B
| $2.25M | ﹤0.01% |
115,649
+98,325
| +568% | +$1.8M |
|
|
ILG
3532
DELISTED
ILG, Inc Common Stock
ILG
| $2.25M | ﹤0.01% |
156,192
+107,792
| +223% | +$1.4M |
|
3533
CALL
Texas Capital Bancshares
TCBI
$4.39B
| $2.25M | ﹤0.01% |
58,700
+52,700
| +878% | +$1.95M |
|
3534
Vanguard FTSE All-World ex-US ETF
VEU
$70.5B
| $2.25M | ﹤0.01% |
52,200
-101,453
| -66% | -$4.16M |
|
3535
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$77.9M
| $2.25M | ﹤0.01% |
44,865
+25,393
| +130% | +$1.16M |
|
|
MIK
3536
DELISTED
Michaels Stores, Inc
MIK
| $2.25M | ﹤0.01% |
+80,483
| New | +$1.86M |
|
3537
Greif
GEF
$4.97B
| $2.25M | ﹤0.01% |
68,688
+56,122
| +447% | +$1.55M |
|
3538
CALL
Ameren
AEE
$30.4B
| $2.25M | ﹤0.01% |
44,900
-1,100
| -2% | -$50.8K |
|
3539
CALL
Ametek
AME
$58.7B
| $2.25M | ﹤0.01% |
45,000
+22,800
| +103% | +$1.09M |
|
|
ESPR
3540
CALL
DELISTED
Esperion Therapeutics
ESPR
| $2.25M | ﹤0.01% |
132,900
+81,000
| +156% | +$1.3M |
|
3541
CALL
iShares US Oil & Gas Exploration & Production ETF
IEO
$594M
| $2.25M | ﹤0.01% |
43,200
-25,800
| -37% | -$1.23M |
|
3542
CALL
Supernus Pharmaceuticals
SUPN
$2.78B
| $2.25M | ﹤0.01% |
147,300
+56,600
| +62% | +$739K |
|
|
EQC
3543
DELISTED
Equity Commonwealth
EQC
| $2.25M | ﹤0.01% |
79,572
+10,441
| +15% | +$282K |
|
3544
Fossil Group
FOSL
$324M
| $2.25M | ﹤0.01% |
50,553
-12,039
| -19% | -$475K |
|
3545
Rayonier
RYN
$6.48B
| $2.25M | ﹤0.01% |
100,265
+47,803
| +91% | +$931K |
|
|
RGC
3546
CALL
DELISTED
Regal Entertainment Group
RGC
| $2.25M | ﹤0.01% |
106,200
-50,300
| -32% | -$959K |
|
3547
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.74B
| $2.24M | ﹤0.01% |
+56,879
| New | +$2.15M |
|
3548
PUT
Host Hotels & Resorts
HST
$15.7B
| $2.24M | ﹤0.01% |
134,100
+13,000
| +11% | +$196K |
|
3549
CALL
United States Gasoline Fund
UGA
$138M
| $2.24M | ﹤0.01% |
87,600
-10,100
| -10% | -$248K |
|
3550
Monolithic Power Systems
MPWR
$67.8B
| $2.23M | ﹤0.01% |
35,099
+21,632
| +161% | +$1.29M |
|
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.