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 | |
|---|---|---|---|---|---|---|
4876
Enanta Pharmaceuticals
ENTA
$383M
| $1.1M | ﹤0.01% |
37,395
+9,326
| +33% | +$260K |
|
|
OPLN
4877
Openlane
OPLN
$4.33B
| $1.1M | ﹤0.01% |
76,039
-272,459
| -78% | -$3.61M |
|
4878
PUT
Trane Technologies
TT
$106B
| $1.1M | ﹤0.01% |
17,700
-28,100
| -61% | -$1.53M |
|
|
ITCI
4879
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.1M | ﹤0.01% |
39,500
-14,900
| -27% | -$497K |
|
4880
CALL
Ironwood Pharmaceuticals
IRWD
$712M
| $1.1M | ﹤0.01% |
119,758
+47,640
| +66% | +$393K |
|
4881
PUT
Arrowhead Research
ARWR
$12.2B
| $1.1M | ﹤0.01% |
227,300
-192,300
| -46% | -$811K |
|
|
HIFR
4882
CALL
DELISTED
InfraREIT, Inc.
HIFR
| $1.1M | ﹤0.01% |
64,300
+24,900
| +63% | +$455K |
|
|
DNY
4883
PUT
DELISTED
DONNELLEY R R & SONS CO
DNY
| $1.1M | ﹤0.01% |
66,800
-66,000
| -50% | -$1.08M |
|
4884
Globus Medical
GMED
$11.5B
| $1.09M | ﹤0.01% |
46,065
-12,703
| -22% | -$311K |
|
|
BHBK
4885
CALL
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $1.09M | ﹤0.01% |
+80,000
| New | +$1.12M |
|
|
ESI
4886
PUT
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $1.09M | ﹤0.01% |
354,100
-186,300
| -34% | -$542K |
|
4887
Otter Tail
OTTR
$3.9B
| $1.09M | ﹤0.01% |
+36,907
| New | +$1.01M |
|
4888
PUT
AMC Entertainment Holdings
AMC
$2.23B
| $1.09M | ﹤0.01% |
3,900
+2,500
| +179% | +$599K |
|
4889
iShares US Telecommunications ETF
IYZ
$1.23B
| $1.09M | ﹤0.01% |
35,524
+10,449
| +42% | +$296K |
|
4890
ALPS Medical Breakthroughs ETF
SBIO
$215M
| $1.09M | ﹤0.01% |
49,802
-4,207
| -8% | -$96.2K |
|
|
ISBC
4891
DELISTED
Investors Bancorp, Inc.
ISBC
| $1.09M | ﹤0.01% |
93,695
-129,493
| -58% | -$1.49M |
|
|
ASNA
4892
DELISTED
Ascena Retail Group, Inc.
ASNA
| $1.09M | ﹤0.01% |
4,930
-5,300
| -52% | -$935K |
|
4893
CALL
GoDaddy
GDDY
$12B
| $1.09M | ﹤0.01% |
33,700
-32,100
| -49% | -$965K |
|
|
MRCC
4894
DELISTED
Monroe Capital Corp
MRCC
| $1.09M | ﹤0.01% |
78,633
+16,282
| +26% | +$203K |
|
4895
WisdomTree International SmallCap Dividend Fund
DLS
$1.09B
| $1.09M | ﹤0.01% |
18,442
-40,740
| -69% | -$2.25M |
|
4896
WisdomTree US MidCap Dividend Fund
DON
$4.13B
| $1.09M | ﹤0.01% |
37,827
-190,176
| -83% | -$5.02M |
|
4897
Monro
MNRO
$359M
| $1.09M | ﹤0.01% |
15,200
-2,517
| -14% | -$167K |
|
4898
J.M. Smucker
SJM
$13B
| $1.08M | ﹤0.01% |
8,348
-16,574
| -67% | -$2.09M |
|
|
BFX
4899
CALL
DELISTED
BowFlex Inc.
BFX
| $1.08M | ﹤0.01% |
56,100
+39,900
| +246% | +$750K |
|
|
NGHC
4900
DELISTED
National General Holdings Corp
NGHC
| $1.08M | ﹤0.01% |
+50,139
| New | +$1.01M |
|
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.