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 | 2.99% |
| 2 | Financials | 1.89% |
| 3 | Consumer Discretionary | 1.86% |
| 4 | Healthcare | 1.5% |
| 5 | Energy | 1.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
5026
Heartland Express
HTLD
$989M
| $1.41M | ﹤0.01% |
59,283
+45,652
| +335% | +$1.16M |
|
|
ESI
5027
CALL
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $1.41M | ﹤0.01% |
207,300
-31,200
| -13% | -$244K |
|
|
EXAM
5028
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $1.41M | ﹤0.01% |
33,800
-9,046
| -21% | -$364K |
|
5029
CALL
iShares MSCI Turkey ETF
TUR
$222M
| $1.41M | ﹤0.01% |
30,300
-70,800
| -70% | -$3.63M |
|
5030
CALL
Boise Cascade
BCC
$2.9B
| $1.41M | ﹤0.01% |
+37,500
| New | +$1.45M |
|
|
LOGM
5031
DELISTED
LogMein, Inc.
LOGM
| $1.41M | ﹤0.01% |
25,100
-7,091
| -22% | -$363K |
|
5032
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$312M
| $1.4M | ﹤0.01% |
+45,122
| New | +$1.4M |
|
5033
PUT
Invesco Solar ETF
TAN
$1.36B
| $1.4M | ﹤0.01% |
31,600
-15,300
| -33% | -$590K |
|
|
PMCS
5034
DELISTED
P M C SIERRA INC
PMCS
| $1.4M | ﹤0.01% |
151,279
-230,064
| -60% | -$2.12M |
|
|
CYOU
5035
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $1.4M | ﹤0.01% |
+54,172
| New | +$1.45M |
|
5036
CALL
Banco Bradesco
BBD
$34.2B
| $1.4M | ﹤0.01% |
321,134
-357,470
| -53% | -$1.75M |
|
5037
PUT
Boyd Gaming
BYD
$6.11B
| $1.4M | ﹤0.01% |
98,700
-345,900
| -78% | -$4.76M |
|
5038
Spectrum Brands
SPB
$2.07B
| $1.4M | ﹤0.01% |
15,638
+4,316
| +38% | +$403K |
|
|
ANH
5039
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.4M | ﹤0.01% |
275,001
+123,711
| +82% | +$643K |
|
5040
PUT
SiriusXM
SIRI
$9.59B
| $1.4M | ﹤0.01% |
36,620
-1,339,600
| -97% | -$50.3M |
|
|
KG
5041
Kestrel Group
KG
$61.7M
| $1.4M | ﹤0.01% |
4,712
+3,706
| +368% | +$1.02M |
|
|
PDM
5042
Piedmont Realty Trust
PDM
$1.19B
| $1.4M | ﹤0.01% |
75,119
+51,870
| +223% | +$978K |
|
5043
PUT
Papa John's
PZZA
$799M
| $1.4M | ﹤0.01% |
22,600
+13,800
| +157% | +$860K |
|
5044
CALL
Lennox International
LII
$14.6B
| $1.4M | ﹤0.01% |
12,500
+2,300
| +23% | +$237K |
|
|
MENT
5045
CALL
DELISTED
Mentor Graphics Corp
MENT
| $1.4M | ﹤0.01% |
58,100
+11,200
| +24% | +$262K |
|
5046
PUT
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $1.4M | ﹤0.01% |
81,700
+17,000
| +26% | +$299K |
|
5047
ePlus
PLUS
$2.31B
| $1.4M | ﹤0.01% |
64,188
+49,788
| +346% | +$968K |
|
5048
PUT
iShares MSCI Italy ETF
EWI
$1.08B
| $1.39M | ﹤0.01% |
47,050
-482,300
| -91% | -$13.7M |
|
5049
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $1.39M | ﹤0.01% |
17,800
-12,300
| -41% | -$965K |
|
|
ARNA
5050
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $1.39M | ﹤0.01% |
31,840
-64,120
| -67% | -$2.98M |
|
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.