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 | |
|---|---|---|---|---|---|---|
4676
Churchill Downs
CHDN
$6.33B
| $1.22M | ﹤0.01% |
49,404
-45,552
| -48% | -$1.04M |
|
4677
PUT
DaVita
DVA
$11.5B
| $1.22M | ﹤0.01% |
16,600
-59,200
| -78% | -$4M |
|
4678
CALL
Andersons Inc
ANDE
$2.24B
| $1.22M | ﹤0.01% |
38,700
-49,700
| -56% | -$1.41M |
|
|
IBCD
4679
DELISTED
iShares iBonds Mar 2020 Term Corporate ex-Financials ETF
IBCD
| $1.22M | ﹤0.01% |
49,020
-106,260
| -68% | -$2.6M |
|
|
MEG
4680
DELISTED
Media General, Inc
MEG
| $1.22M | ﹤0.01% |
74,465
+36,593
| +97% | +$590K |
|
4681
Kinross Gold
KGC
$32.4B
| $1.21M | ﹤0.01% |
356,900
-535,433
| -60% | -$1.33M |
|
4682
United Fire Group
UFCS
$1.4B
| $1.21M | ﹤0.01% |
27,700
+11,600
| +72% | +$457K |
|
4683
CALL
BOK Financial
BOKF
$8.88B
| $1.21M | ﹤0.01% |
22,200
+11,300
| +104% | +$590K |
|
4684
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$410M
| $1.21M | ﹤0.01% |
+32,929
| New | +$1.14M |
|
4685
CALL
Reinsurance Group of America
RGA
$16.3B
| $1.21M | ﹤0.01% |
12,600
-2,000
| -14% | -$176K |
|
4686
CALL
Gibraltar Industries
ROCK
$1.42B
| $1.21M | ﹤0.01% |
+42,400
| New | +$988K |
|
|
ABCO
4687
PUT
DELISTED
Advisory Board Co
ABCO
| $1.21M | ﹤0.01% |
+37,600
| New | +$1.4M |
|
4688
PUT
Deluxe
DLX
$1.1B
| $1.21M | ﹤0.01% |
19,400
-61,700
| -76% | -$3.44M |
|
4689
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $1.21M | ﹤0.01% |
8,565
-15,955
| -65% | -$2.22M |
|
|
RUSS
4690
CALL
DELISTED
Direxion Daily Russia Bear 3x Shares
RUSS
| $1.21M | ﹤0.01% |
12,460
-11,540
| -48% | -$1.96M |
|
4691
CALL
Cinemark Holdings
CNK
$4.33B
| $1.21M | ﹤0.01% |
+33,800
| New | +$1.07M |
|
4692
CALL
Lumentum
LITE
$82.1B
| $1.21M | ﹤0.01% |
44,900
+21,200
| +89% | +$490K |
|
4693
Portland General Electric
POR
$5.97B
| $1.21M | ﹤0.01% |
30,670
-7,931
| -21% | -$304K |
|
|
PBFX
4694
PUT
DELISTED
PBF LOGISTICS LP
PBFX
| $1.21M | ﹤0.01% |
64,300
-56,900
| -47% | -$1.05M |
|
4695
CALL
Alkermes
ALKS
$8.23B
| $1.21M | ﹤0.01% |
35,400
-173,300
| -83% | -$6.84M |
|
4696
Zoetis
ZTS
$30.5B
| $1.21M | ﹤0.01% |
27,268
-76,128
| -74% | -$3.23M |
|
|
SSI
4697
DELISTED
Stage Stores Inc
SSI
| $1.21M | ﹤0.01% |
149,860
-85,998
| -36% | -$691K |
|
4698
CALL
Tower Semiconductor
TSEM
$30B
| $1.21M | ﹤0.01% |
98,000
+8,400
| +9% | +$106K |
|
|
IPHI
4699
CALL
DELISTED
INPHI CORPORATION
IPHI
| $1.21M | ﹤0.01% |
36,200
+28,600
| +376% | +$764K |
|
4700
Cooper-Standard Automotive
CPS
$506M
| $1.21M | ﹤0.01% |
+16,785
| New | +$1.19M |
|
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.