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 | |
|---|---|---|---|---|---|---|
|
ATVI
426
PUT
DELISTED
Activision Blizzard
ATVI
| $65.5M | 0.03% |
1,934,100
+765,200
| +65% | +$25.1M |
|
427
PUT
Dollar General
DG
$27.9B
| $65M | 0.03% |
759,800
+96,600
| +15% | +$7.31M |
|
428
CALL
International Paper
IP
$22B
| $65M | 0.03% |
1,673,021
-627,475
| -27% | -$21.9M |
|
429
Kinder Morgan
KMI
$68.7B
| $64.4M | 0.03% |
3,604,597
+558,451
| +18% | +$9.14M |
|
430
SLB Ltd
SLB
$75B
| $64.2M | 0.03% |
870,185
-441,119
| -34% | -$31M |
|
|
SNDK
431
CALL
DELISTED
SANDISK CORP
SNDK
| $64M | 0.03% |
840,900
-667,300
| -44% | -$48.1M |
|
432
SPDR Gold Trust
GLD
$141B
| $63.9M | 0.03% |
543,340
+161,157
| +42% | +$18.3M |
|
433
PUT
Medtronic
MDT
$112B
| $63.8M | 0.03% |
850,200
+282,900
| +50% | +$21.3M |
|
|
TWX
434
DELISTED
Time Warner Inc
TWX
| $62.8M | 0.03% |
865,956
+176,970
| +26% | +$12.2M |
|
|
HOT
435
CALL
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $62.8M | 0.03% |
752,600
-91,100
| -11% | -$6.22M |
|
436
CALL
Agnico Eagle Mines
AEM
$90.5B
| $62.7M | 0.03% |
1,735,300
+91,100
| +6% | +$2.99M |
|
437
CALL
PNC Financial Services
PNC
$101B
| $62.4M | 0.03% |
738,400
+218,000
| +42% | +$18.6M |
|
438
PUT
Newmont
NEM
$119B
| $62.3M | 0.03% |
2,342,900
+2,300
| +0.1% | +$53.2K |
|
439
CALL
US Bancorp
USB
$99.6B
| $62.3M | 0.03% |
1,534,000
-694,300
| -31% | -$27.7M |
|
|
EA
440
CALL
DELISTED
Electronic Arts
EA
| $62.1M | 0.03% |
940,100
-87,900
| -9% | -$5.61M |
|
441
Chevron
CVX
$366B
| $61.9M | 0.03% |
649,178
+178,332
| +38% | +$15.6M |
|
|
JOYY
442
PUT
JOYY Inc
JOYY
$3.75B
| $61.3M | 0.03% |
996,000
-339,400
| -25% | -$19.1M |
|
|
CMA
443
PUT
DELISTED
Comerica
CMA
| $61.3M | 0.03% |
1,619,800
+4,400
| +0.3% | +$159K |
|
444
PUT
Capri Holdings
CPRI
$1.74B
| $61.2M | 0.03% |
1,073,900
-936,000
| -47% | -$46.2M |
|
445
CALL
Expedia Group
EXPE
$37.3B
| $61.1M | 0.03% |
566,900
-602,900
| -52% | -$64.3M |
|
446
CALL
Alcoa
AA
$13.2B
| $60.8M | 0.03% |
2,642,447
-924,345
| -26% | -$18.8M |
|
447
CALL
Marriott International
MAR
$92.3B
| $60.4M | 0.03% |
847,900
+544,200
| +179% | +$35.6M |
|
448
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.46B
| $60.2M | 0.03% |
2,074,400
-259,000
| -11% | -$6.25M |
|
449
CALL
D.R. Horton
DHI
$42.3B
| $59.6M | 0.03% |
1,971,800
-1,195,700
| -38% | -$32.9M |
|
|
MBLY
450
PUT
DELISTED
Mobileye N.V.
MBLY
| $59.5M | 0.03% |
1,595,100
-971,600
| -38% | -$30.9M |
|
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.