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 | |
|---|---|---|---|---|---|---|
4526
PUT
Globus Medical
GMED
$11.5B
| $1.31M | ﹤0.01% |
+55,100
| New | +$1.35M |
|
|
ACOR
4527
DELISTED
Acorda Therapeutics
ACOR
| $1.31M | ﹤0.01% |
412
+352
| +587% | +$1.46M |
|
|
BWP
4528
DELISTED
Boardwalk Pipeline Partners
BWP
| $1.31M | ﹤0.01% |
88,680
-1,150,782
| -93% | -$14M |
|
|
NLSN
4529
DELISTED
Nielsen Holdings plc
NLSN
| $1.31M | ﹤0.01% |
24,841
-89,135
| -78% | -$4.31M |
|
4530
Global Partners
GLP
$1.72B
| $1.31M | ﹤0.01% |
96,841
+85,103
| +725% | +$1.27M |
|
4531
PUT
Jacobs Solutions
J
$16.9B
| $1.31M | ﹤0.01% |
36,269
-26,597
| -42% | -$869K |
|
4532
Omega Healthcare
OHI
$14.1B
| $1.3M | ﹤0.01% |
36,929
-28,725
| -44% | -$941K |
|
4533
Valley National Bancorp
VLY
$8.29B
| $1.3M | ﹤0.01% |
136,621
-466,511
| -77% | -$4.24M |
|
|
BKCC
4534
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $1.3M | ﹤0.01% |
138,423
+98,864
| +250% | +$882K |
|
|
MSCC
4535
CALL
DELISTED
Microsemi Corp
MSCC
| $1.3M | ﹤0.01% |
+34,000
| New | +$1.13M |
|
4536
Invesco DB Agriculture Fund
DBA
$1.24B
| $1.3M | ﹤0.01% |
63,224
-142,300
| -69% | -$2.88M |
|
4537
PUT
ProShares UltraShort Dow 30
DXD
$42.7M
| $1.3M | ﹤0.01% |
3,450
+1,165
| +51% | +$504K |
|
|
DCT
4538
DELISTED
DCT Industrial Trust Inc.
DCT
| $1.3M | ﹤0.01% |
32,992
-16,930
| -34% | -$620K |
|
4539
Apple Hospitality REIT
APLE
$3.79B
| $1.3M | ﹤0.01% |
65,696
+30,268
| +85% | +$581K |
|
4540
iShares Global Financials ETF
IXG
$702M
| $1.3M | ﹤0.01% |
26,438
-16,776
| -39% | -$796K |
|
4541
W.P. Carey
WPC
$16.3B
| $1.3M | ﹤0.01% |
21,325
-21,809
| -51% | -$1.24M |
|
|
DHC
4542
PUT
Diversified Healthcare Trust
DHC
$2.03B
| $1.3M | ﹤0.01% |
72,600
-16,500
| -19% | -$257K |
|
4543
CALL
EPR Properties
EPR
$4.69B
| $1.3M | ﹤0.01% |
+19,500
| New | +$1.19M |
|
4544
Alliance Resource Partners
ARLP
$3.27B
| $1.3M | ﹤0.01% |
111,385
+73,236
| +192% | +$892K |
|
4545
CALL
A10 Networks
ATEN
$1.99B
| $1.3M | ﹤0.01% |
219,200
+197,500
| +910% | +$1.18M |
|
4546
CALL
iShares MSCI Australia ETF
EWA
$1.45B
| $1.3M | ﹤0.01% |
67,200
-280,400
| -81% | -$5.05M |
|
4547
PUT
Invesco Pharmaceuticals ETF
PJP
$500M
| $1.3M | ﹤0.01% |
21,600
+13,100
| +154% | +$801K |
|
|
KNL
4548
DELISTED
Knoll, Inc.
KNL
| $1.29M | ﹤0.01% |
59,786
-29,651
| -33% | -$557K |
|
4549
PUT
Leidos
LDOS
$18B
| $1.29M | ﹤0.01% |
25,700
+16,800
| +189% | +$801K |
|
|
ACH
4550
CALL
Accendra Health
ACH
$73.1M
| $1.29M | ﹤0.01% |
32,000
-72,200
| -69% | -$2.69M |
|
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.