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 | |
|---|---|---|---|---|---|---|
|
NLSN
3651
PUT
DELISTED
Nielsen Holdings plc
NLSN
| $2.11M | ﹤0.01% |
40,000
-37,000
| -48% | -$1.79M |
|
3652
CALL
Cedar Fair
FUN
$1.69B
| $2.1M | ﹤0.01% |
35,400
+5,600
| +19% | +$309K |
|
3653
CALL
DTE Energy
DTE
$29.4B
| $2.1M | ﹤0.01% |
27,260
+4,700
| +21% | +$340K |
|
3654
CALL
Globalstar
GSAT
$10.6B
| $2.1M | ﹤0.01% |
95,347
+33,474
| +54% | +$637K |
|
3655
ProShares UltraShort Energy
DUG
$18.2M
| $2.1M | ﹤0.01% |
1,712
+876
| +105% | +$1.29M |
|
|
FM
3656
DELISTED
iShares Frontier and Select EM ETF
FM
| $2.1M | ﹤0.01% |
85,517
-58,452
| -41% | -$1.38M |
|
3657
Energy Recovery
ERII
$422M
| $2.1M | ﹤0.01% |
203,089
+42,350
| +26% | +$309K |
|
3658
Worthington Enterprises
WOR
$2.87B
| $2.1M | ﹤0.01% |
95,460
-136,580
| -59% | -$2.61M |
|
|
GAS
3659
PUT
DELISTED
AGL Resources Inc
GAS
| $2.1M | ﹤0.01% |
32,200
+3,600
| +13% | +$232K |
|
3660
CALL
Boston Properties
BXP
$10.9B
| $2.1M | ﹤0.01% |
16,500
+1,700
| +11% | +$202K |
|
|
LFC
3661
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $2.1M | ﹤0.01% |
170,600
-377,800
| -69% | -$4.56M |
|
|
DNR
3662
DELISTED
Denbury Resources, Inc.
DNR
| $2.1M | ﹤0.01% |
944,775
-133,714
| -12% | -$223K |
|
|
ASRT
3663
DELISTED
Assertio
ASRT
| $2.09M | ﹤0.01% |
2,505
-149
| -6% | -$138K |
|
3664
PUT
Tucows
TCX
$127M
| $2.09M | ﹤0.01% |
93,200
-185,800
| -67% | -$3.89M |
|
|
ACHN
3665
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $2.09M | ﹤0.01% |
270,900
-816,400
| -75% | -$5.98M |
|
3666
iShares S&P 500 Value ETF
IVE
$50.3B
| $2.09M | ﹤0.01% |
23,233
-39,647
| -63% | -$3.38M |
|
3667
TC Energy
TRP
$66.5B
| $2.09M | ﹤0.01% |
53,156
+20,370
| +62% | +$713K |
|
3668
CALL
New Oriental
EDU
$8.34B
| $2.09M | ﹤0.01% |
60,400
+15,100
| +33% | +$472K |
|
3669
CALL
Teradyne
TER
$64.3B
| $2.09M | ﹤0.01% |
96,600
+61,900
| +178% | +$1.21M |
|
3670
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $2.08M | ﹤0.01% |
+40,580
| New | +$1.93M |
|
3671
CALL
Extra Space Storage
EXR
$31.3B
| $2.08M | ﹤0.01% |
22,300
+3,200
| +17% | +$278K |
|
3672
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $2.08M | ﹤0.01% |
35,121
-79,610
| -69% | -$4.51M |
|
|
ALDR
3673
CALL
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.08M | ﹤0.01% |
85,000
+23,800
| +39% | +$551K |
|
3674
Thor Industries
THO
$4.11B
| $2.08M | ﹤0.01% |
32,640
-31,099
| -49% | -$1.7M |
|
|
TIER
3675
DELISTED
TIER REIT, Inc.
TIER
| $2.08M | ﹤0.01% |
154,798
+41,214
| +36% | +$581K |
|
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.