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 | |
|---|---|---|---|---|---|---|
4476
CALL
Gold Fields
GFI
$36B
| $1.35M | ﹤0.01% |
342,800
+295,000
| +617% | +$1.1M |
|
4477
PUT
Box
BOX
$4.52B
| $1.35M | ﹤0.01% |
110,000
+36,100
| +49% | +$410K |
|
4478
CALL
Euronet Worldwide
EEFT
$2.74B
| $1.35M | ﹤0.01% |
18,200
-36,700
| -67% | -$2.59M |
|
|
KCG
4479
DELISTED
KCG Holdings, Inc.
KCG
| $1.35M | ﹤0.01% |
112,907
+9,526
| +9% | +$106K |
|
|
RSPP
4480
PUT
DELISTED
RSP Permian, Inc.
RSPP
| $1.34M | ﹤0.01% |
46,300
+36,200
| +358% | +$850K |
|
|
GMLP
4481
DELISTED
Golar LNG Partners LP
GMLP
| $1.34M | ﹤0.01% |
91,501
+74,308
| +432% | +$995K |
|
|
AFSI
4482
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $1.34M | ﹤0.01% |
51,934
-188,952
| -78% | -$5.02M |
|
4483
Veeva Systems
VEEV
$39.6B
| $1.34M | ﹤0.01% |
53,631
+7,231
| +16% | +$177K |
|
4484
Innospec
IOSP
$2.31B
| $1.34M | ﹤0.01% |
30,944
-38,956
| -56% | -$1.8M |
|
4485
Matador Resources
MTDR
$6.64B
| $1.34M | ﹤0.01% |
70,786
-38,701
| -35% | -$642K |
|
4486
National Health Investors
NHI
$3.58B
| $1.34M | ﹤0.01% |
20,123
-6,106
| -23% | -$377K |
|
|
TGI
4487
CALL
DELISTED
Triumph Group
TGI
| $1.33M | ﹤0.01% |
+42,400
| New | +$1.29M |
|
|
FOE
4488
DELISTED
Ferro Corporation
FOE
| $1.33M | ﹤0.01% |
112,500
+12,137
| +12% | +$122K |
|
|
IPHI
4489
PUT
DELISTED
INPHI CORPORATION
IPHI
| $1.33M | ﹤0.01% |
40,000
+22,600
| +130% | +$603K |
|
4490
CALL
Cimpress
CMPR
$2.3B
| $1.33M | ﹤0.01% |
14,700
-22,800
| -61% | -$1.87M |
|
4491
PUT
Nexstar Media Group
NXST
$5.84B
| $1.33M | ﹤0.01% |
30,100
-32,000
| -52% | -$1.45M |
|
|
RWT
4492
Redwood Trust
RWT
$604M
| $1.33M | ﹤0.01% |
101,940
+5,706
| +6% | +$66.7K |
|
|
WIBC
4493
DELISTED
WILSHIRE BANCORP INC
WIBC
| $1.33M | ﹤0.01% |
129,473
+108,425
| +515% | +$1.11M |
|
|
CZR
4494
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $1.33M | ﹤0.01% |
196,000
-935,800
| -83% | -$6.56M |
|
4495
Fidelity MSCI Industrials Index ETF
FIDU
$2.4B
| $1.33M | ﹤0.01% |
46,808
-1,021
| -2% | -$26.9K |
|
4496
Pegasystems
PEGA
$5.31B
| $1.33M | ﹤0.01% |
104,892
+18,078
| +21% | +$217K |
|
4497
CALL
Manitowoc
MTW
$746M
| $1.33M | ﹤0.01% |
76,750
-101,871
| -57% | -$1.48M |
|
4498
CALL
Invesco Pharmaceuticals ETF
PJP
$500M
| $1.33M | ﹤0.01% |
22,100
+13,900
| +170% | +$850K |
|
4499
CALL
Reading International Class A
RDI
$36.6M
| $1.33M | ﹤0.01% |
110,800
-5,200
| -4% | -$57.2K |
|
|
CMCM
4500
Cheetah Mobile
CMCM
$103M
| $1.33M | ﹤0.01% |
16,244
+12,638
| +350% | +$974K |
|
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.