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 | |
|---|---|---|---|---|---|---|
4801
Vanguard S&P 500 Value ETF
VOOV
$6.81B
| $1.14M | ﹤0.01% |
+13,147
| New | +$1.08M |
|
|
IVC
4802
CALL
DELISTED
Invacare Corporation
IVC
| $1.14M | ﹤0.01% |
86,500
+75,900
| +716% | +$1.08M |
|
|
HIBB
4803
CALL
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.14M | ﹤0.01% |
31,700
+15,400
| +94% | +$513K |
|
4804
WEX
WEX
$6.54B
| $1.14M | ﹤0.01% |
13,644
-1,164
| -8% | -$84.1K |
|
4805
PUT
Calumet Specialty Products
CLMT
$4.19B
| $1.14M | ﹤0.01% |
96,700
-63,200
| -40% | -$879K |
|
4806
PUT
PTC Therapeutics
PTCT
$5.98B
| $1.14M | ﹤0.01% |
176,400
-186,300
| -51% | -$3.23M |
|
4807
CALL
LiveRamp
RAMP
$2.3B
| $1.14M | ﹤0.01% |
53,000
-4,200
| -7% | -$83.6K |
|
|
MN
4808
DELISTED
MANNING & NAPIER, INC.
MN
| $1.14M | ﹤0.01% |
140,729
+14,483
| +11% | +$107K |
|
|
KERX
4809
PUT
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $1.14M | ﹤0.01% |
243,200
-64,900
| -21% | -$259K |
|
|
ARLZ
4810
PUT
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $1.14M | ﹤0.01% |
+320,000
| New | +$1.65M |
|
4811
Affiliated Managers Group
AMG
$9.89B
| $1.14M | ﹤0.01% |
6,985
-11,872
| -63% | -$1.66M |
|
4812
ON Semiconductor
ON
$32.2B
| $1.14M | ﹤0.01% |
118,349
-98,767
| -45% | -$846K |
|
4813
iShares MSCI ACWI ex US ETF
ACWX
$12B
| $1.13M | ﹤0.01% |
28,707
-2,369,602
| -99% | -$88.6M |
|
4814
CALL
Artisan Partners
APAM
$2.99B
| $1.13M | ﹤0.01% |
36,700
+12,600
| +52% | +$368K |
|
4815
PUT
PBF Energy
PBF
$8.52B
| $1.13M | ﹤0.01% |
34,100
-188,100
| -85% | -$6.01M |
|
|
PEGI
4816
CALL
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $1.13M | ﹤0.01% |
59,300
-8,300
| -12% | -$149K |
|
|
EFOR
4817
PUT
Everforth Inc
EFOR
$1.3B
| $1.13M | ﹤0.01% |
30,600
+24,500
| +402% | +$865K |
|
4818
PUT
Steris
STE
$22.7B
| $1.13M | ﹤0.01% |
15,900
-1,000
| -6% | -$67.7K |
|
4819
CALL
iShares Russell 1000 ETF
IWB
$50.4B
| $1.13M | ﹤0.01% |
9,900
+5,300
| +115% | +$573K |
|
4820
PUT
Tronox
TROX
$952M
| $1.13M | ﹤0.01% |
176,700
+45,500
| +35% | +$202K |
|
4821
CALL
Evertec
EVTC
$1.89B
| $1.13M | ﹤0.01% |
80,700
+14,100
| +21% | +$191K |
|
4822
iShares Russell Top 200 Value ETF
IWX
$4.04B
| $1.13M | ﹤0.01% |
+27,090
| New | +$1.08M |
|
4823
CALL
Leidos
LDOS
$18B
| $1.13M | ﹤0.01% |
22,400
+12,000
| +115% | +$572K |
|
4824
CALL
World Kinect Corp
WKC
$1.85B
| $1.13M | ﹤0.01% |
+23,200
| New | +$995K |
|
|
VSTO
4825
DELISTED
Vista Outdoor Inc.
VSTO
| $1.13M | ﹤0.01% |
21,717
-2,225
| -9% | -$107K |
|
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.