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 | 1.93% |
| 2 | Technology | 1.6% |
| 3 | Consumer Discretionary | 1.4% |
| 4 | Communication Services | 1.36% |
| 5 | Healthcare | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CALL
Aflac
AFL
$62.6B
| $72.2M | 0.04% |
2,288,400
+767,600
| +50% | +$22.8M |
|
|
ESRX
402
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $71.9M | 0.04% |
1,047,400
-1,009,800
| -49% | -$72.6M |
|
403
PUT
HCA Healthcare
HCA
$89.5B
| $70.7M | 0.04% |
906,100
-1,042,300
| -53% | -$72.8M |
|
|
TWC
404
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $70.4M | 0.04% |
344,168
+279,899
| +436% | +$52.9M |
|
405
CALL
Ford
F
$55.7B
| $69.8M | 0.04% |
5,171,200
+1,447,600
| +39% | +$18.2M |
|
406
PepsiCo
PEP
$190B
| $69.8M | 0.04% |
680,720
+181,026
| +36% | +$17.9M |
|
407
CALL
MetLife
MET
$62.1B
| $69.7M | 0.04% |
1,778,931
-1,247,888
| -41% | -$46.6M |
|
408
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$64.8M
| $69.3M | 0.04% |
492,800
+464,100
| +1,617% | +$65M |
|
409
PUT
NXP Semiconductors
NXPI
$60.4B
| $69M | 0.04% |
850,500
-794,200
| -48% | -$59.2M |
|
410
CALL
APA Corp
APA
$13.2B
| $68.9M | 0.04% |
1,411,400
+543,100
| +63% | +$22.6M |
|
411
PUT
Constellation Brands
STZ
$23.2B
| $68.6M | 0.04% |
454,000
+176,400
| +64% | +$25.5M |
|
412
PUT
Prudential Financial
PRU
$41.8B
| $68.5M | 0.04% |
949,000
+102,100
| +12% | +$7.12M |
|
413
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $68.5M | 0.04% |
3,058,400
-2,302,600
| -43% | -$47.7M |
|
|
VMW
414
CALL
DELISTED
VMware, Inc
VMW
| $67.6M | 0.04% |
1,291,600
+415,500
| +47% | +$20.6M |
|
|
DD
415
PUT
DELISTED
Du Pont De Nemours E I
DD
| $67.4M | 0.04% |
1,065,200
-720,400
| -40% | -$43.1M |
|
416
CALL
State Street SPDR S&P Retail ETF
XRT
$327M
| $67.4M | 0.04% |
1,460,200
+812,600
| +125% | +$34.5M |
|
417
CALL
Accenture
ACN
$108B
| $67.4M | 0.04% |
584,200
+131,300
| +29% | +$13.5M |
|
418
CALL
Ulta Beauty
ULTA
$24.3B
| $67.3M | 0.04% |
347,600
-54,200
| -13% | -$9.44M |
|
|
CHK
419
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $67.3M | 0.04% |
81,620
+32,013
| +65% | +$22.7M |
|
|
WFM
420
PUT
DELISTED
Whole Foods Market Inc
WFM
| $66.5M | 0.04% |
2,138,600
-384,600
| -15% | -$12M |
|
|
CHK
421
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $66.2M | 0.04% |
80,339
+15,509
| +24% | +$11M |
|
422
AB InBev
BUD
$165B
| $66.1M | 0.04% |
530,346
+502,154
| +1,781% | +$59.6M |
|
423
CALL
Helmerich & Payne
HP
$3.71B
| $65.9M | 0.04% |
1,122,900
+703,400
| +168% | +$37.2M |
|
424
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $65.8M | 0.04% |
592,100
-822,400
| -58% | -$88.8M |
|
425
CALL
Humana
HUM
$46.2B
| $65.8M | 0.04% |
359,600
-78,700
| -18% | -$13.7M |
|
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 1.9% of assets, down from 2.1% 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.