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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.58B |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$244M |
| 4 |
Coca-Cola
KO
|
+$222M |
| 5 |
United States Oil Fund
USO
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$456M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$433M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$341M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$318M |
| 5 |
YHOO
Yahoo Inc
YHOO
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.95% |
| 2 | Financials | 1.86% |
| 3 | Consumer Discretionary | 1.84% |
| 4 | Healthcare | 1.45% |
| 5 | Energy | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.43B
| $72.3M | 0.03% |
349,641
-206,970
| -37% | -$40.1M |
|
477
CALL
Manitowoc
MTW
$675M
| $72.2M | 0.03% |
3,698,928
+3,035,338
| +457% | +$56.9M |
|
|
RAI
478
CALL
DELISTED
Reynolds American Inc
RAI
| $72M | 0.03% |
2,090,600
+1,116,600
| +115% | +$39.1M |
|
|
TWX
479
CALL
DELISTED
Time Warner Inc
TWX
| $71.8M | 0.03% |
850,900
-548,600
| -39% | -$45.6M |
|
480
PUT
Deere & Co
DE
$168B
| $71.7M | 0.03% |
817,800
-846,400
| -51% | -$75.1M |
|
481
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $71.7M | 0.03% |
1,471,200
+137,500
| +10% | +$6.75M |
|
482
CALL
Devon Energy
DVN
$47.3B
| $71.4M | 0.03% |
1,183,800
-136,200
| -10% | -$8.31M |
|
|
RSX
483
DELISTED
VanEck Russia ETF
RSX
| $71.4M | 0.03% |
4,195,060
-5,432,222
| -56% | -$88.6M |
|
484
Trip.com Group
TCOM
$29.1B
| $71.2M | 0.03% |
2,430,278
+713,208
| +42% | +$17.2M |
|
485
PUT
TSMC
TSM
$2.18T
| $70.8M | 0.03% |
3,015,900
+2,295,200
| +318% | +$54.1M |
|
486
CALL
RH
RH
$3.71B
| $70.8M | 0.03% |
713,400
+401,600
| +129% | +$36.5M |
|
|
WFM
487
CALL
DELISTED
Whole Foods Market Inc
WFM
| $70.7M | 0.03% |
1,357,700
-2,718,300
| -67% | -$146M |
|
488
PUT
Cummins
CMI
$88.7B
| $70M | 0.03% |
504,900
-104,300
| -17% | -$14.7M |
|
489
PUT
PPG Industries
PPG
$26.6B
| $69.5M | 0.03% |
616,400
+272,000
| +79% | +$31.2M |
|
490
Skyworks Solutions
SWKS
$10.6B
| $69.4M | 0.03% |
705,569
-727,689
| -51% | -$62.1M |
|
491
CALL
VanEck Gold Miners ETF
GDX
$27.4B
| $69.2M | 0.03% |
3,792,000
-4,184,700
| -52% | -$85.4M |
|
492
CALL
APA Corp
APA
$13.2B
| $69M | 0.03% |
1,144,300
-126,400
| -10% | -$7.95M |
|
|
ICPT
493
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $68.9M | 0.03% |
244,189
-97,055
| -28% | -$21M |
|
494
PUT
Occidental Petroleum
OXY
$55.9B
| $68.8M | 0.03% |
943,604
-1,432,836
| -60% | -$111M |
|
495
CALL
LyondellBasell Industries
LYB
$19.2B
| $68.6M | 0.03% |
780,800
-425,600
| -35% | -$35.8M |
|
496
CALL
ServiceNow
NOW
$129B
| $68.6M | 0.03% |
4,351,000
+3,494,500
| +408% | +$51.5M |
|
497
CALL
PNC Financial Services
PNC
$101B
| $68.5M | 0.03% |
735,000
+200
| +0% | +$18.1K |
|
|
WLL
498
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $68.5M | 0.03% |
7,390
+2,091
| +39% | +$21.2M |
|
499
CALL
Freeport-McMoran
FCX
$97.5B
| $68.5M | 0.03% |
3,612,500
+1,444,400
| +67% | +$28.6M |
|
500
PUT
Ionis Pharmaceuticals
IONS
$9.4B
| $68.2M | 0.03% |
1,071,700
-66,300
| -6% | -$4.5M |
|
Similar funds
Susquehanna International Group's Q1 2015 Portfolio in Review
As of Q1 2015, Susquehanna International Group held 10,735 positions worth $220B, down 13% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group withdrew a net $35.6B in Q1 2015, closing 1,393 positions and reducing 4,492 holdings. Its most notable exit was RF MICRO DEVICES INC, an estimated $38.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.5% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in AB InBev worth $97.4M.
- Susquehanna International Group's largest Q1 2015 buy was AB InBev: 798,828 shares worth $97.4M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $1.58B increase.
- Susquehanna International Group's biggest Q1 2015 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $456M.
- Susquehanna International Group fully exited RF MICRO DEVICES INC in Q1 2015, selling an estimated $38.3M.
- Susquehanna International Group's ten largest holdings make up 25% of its $220B portfolio in Q1 2015.
- Susquehanna International Group opened 1,178 new positions and closed 1,393 in Q1 2015.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $220B.
Based on Susquehanna International Group's 13F filing for Q1 2015, filed 15 May 2015.