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 | |
|---|---|---|---|---|---|---|
5226
BlackRock TCP Capital
TCPC
$342M
| $926K | ﹤0.01% |
+62,090
| New | +$850K |
|
5227
CALL
Revvity
RVTY
$13B
| $925K | ﹤0.01% |
18,700
-9,600
| -34% | -$459K |
|
|
ADXS
5228
CALL
DELISTED
Advaxis Inc
ADXS
| $925K | ﹤0.01% |
6,827
+4,167
| +157% | +$461K |
|
5229
Community Bank
CBU
$3.46B
| $924K | ﹤0.01% |
24,191
-24,756
| -51% | -$924K |
|
5230
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.43B
| $924K | ﹤0.01% |
36,167
-1,099,326
| -97% | -$27.7M |
|
5231
CarMax
KMX
$8.5B
| $924K | ﹤0.01% |
18,074
-114,544
| -86% | -$5.41M |
|
5232
Qualys
QLYS
$6.44B
| $924K | ﹤0.01% |
36,512
+16,164
| +79% | +$419K |
|
|
DNO
5233
CALL
DELISTED
United States Short Oil Fund
DNO
| $924K | ﹤0.01% |
10,800
-11,900
| -52% | -$1.09M |
|
5234
Thomson Reuters
TRI
$44.9B
| $923K | ﹤0.01% |
19,629
-51,198
| -72% | -$2.2M |
|
|
IDTI
5235
DELISTED
Integrated Device Technology I
IDTI
| $923K | ﹤0.01% |
45,152
-191,832
| -81% | -$4.03M |
|
|
GHII
5236
DELISTED
Invesco S&P High Income Infrastructure ETF
GHII
| $922K | ﹤0.01% |
+40,137
| New | +$836K |
|
|
EGN
5237
DELISTED
Energen
EGN
| $922K | ﹤0.01% |
25,194
-22,021
| -47% | -$682K |
|
5238
PUT
Cedar Fair
FUN
$1.68B
| $921K | ﹤0.01% |
15,500
+2,900
| +23% | +$160K |
|
5239
PUT
Oxford Industries
OXM
$543M
| $921K | ﹤0.01% |
13,700
-13,900
| -50% | -$946K |
|
|
GPOR
5240
DELISTED
Gulfport Energy Corp.
GPOR
| $920K | ﹤0.01% |
32,454
-52,199
| -62% | -$1.38M |
|
5241
CALL
BBVA Argentina
BBAR
$3.13B
| $919K | ﹤0.01% |
46,000
-38,400
| -45% | -$776K |
|
5242
Schwab US TIPS ETF
SCHP
$16.2B
| $917K | ﹤0.01% |
+33,014
| New | +$893K |
|
|
EPE
5243
PUT
DELISTED
EP Energy Corporation
EPE
| $917K | ﹤0.01% |
202,900
+78,100
| +63% | +$286K |
|
|
ACAT
5244
PUT
DELISTED
Arctic Cat Inc
ACAT
| $917K | ﹤0.01% |
54,600
+14,900
| +38% | +$225K |
|
|
LINE
5245
CALL
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $917K | ﹤0.01% |
2,566,200
+756,100
| +42% | +$625K |
|
|
FTR
5246
DELISTED
Frontier Communications Corp.
FTR
| $917K | ﹤0.01% |
10,931
+2,564
| +31% | +$186K |
|
5247
PUT
OneMain Financial
OMF
$7.56B
| $916K | ﹤0.01% |
33,400
+13,500
| +68% | +$365K |
|
5248
CVR Partners
UAN
$1.31B
| $916K | ﹤0.01% |
10,958
-11,980
| -52% | -$791K |
|
|
PFPT
5249
DELISTED
Proofpoint, Inc.
PFPT
| $916K | ﹤0.01% |
17,034
+13,358
| +363% | +$681K |
|
|
RXII
5250
DELISTED
GALENA BIOPHARMA INC COM
RXII
| $916K | ﹤0.01% |
673,253
+164,806
| +32% | +$224K |
|
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.