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 | |
|---|---|---|---|---|---|---|
5301
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $889K | ﹤0.01% |
17,058
+1,215
| +8% | +$60.3K |
|
|
PDCO
5302
CALL
DELISTED
Patterson Companies, Inc.
PDCO
| $889K | ﹤0.01% |
+19,100
| New | +$827K |
|
|
FOE
5303
CALL
DELISTED
Ferro Corporation
FOE
| $889K | ﹤0.01% |
74,900
+61,000
| +439% | +$612K |
|
5304
iShares MSCI South Africa ETF
EZA
$560M
| $888K | ﹤0.01% |
16,756
-7,253
| -30% | -$333K |
|
|
PMT
5305
PennyMac Mortgage Investment
PMT
$824M
| $888K | ﹤0.01% |
65,111
-29,913
| -31% | -$397K |
|
5306
CALL
Pricesmart
PSMT
$5.56B
| $888K | ﹤0.01% |
10,500
+2,500
| +31% | +$194K |
|
|
BETR
5307
CALL
DELISTED
Amplify Snack Brands, Inc.
BETR
| $888K | ﹤0.01% |
62,000
+30,700
| +98% | +$343K |
|
5308
CALL
Emergent Biosolutions
EBS
$235M
| $887K | ﹤0.01% |
24,400
+14,300
| +142% | +$505K |
|
5309
CALL
NNN REIT
NNN
$8.83B
| $887K | ﹤0.01% |
19,200
+6,500
| +51% | +$282K |
|
5310
PUT
Grupo Aeroportuario del Sureste
ASR
$7.94B
| $886K | ﹤0.01% |
+5,900
| New | +$806K |
|
5311
Dynagas LNG Partners
DLNG
$140M
| $886K | ﹤0.01% |
77,664
+48,325
| +165% | +$437K |
|
|
ATW
5312
PUT
DELISTED
Atwood Oceanics
ATW
| $886K | ﹤0.01% |
96,600
-110,300
| -53% | -$832K |
|
5313
CALL
Bankunited
BKU
$3.44B
| $885K | ﹤0.01% |
25,700
-1,500
| -6% | -$50.2K |
|
5314
CALL
Logitech
LOGI
$14.8B
| $885K | ﹤0.01% |
55,600
-25,300
| -31% | -$384K |
|
5315
PUT
Vera Bradley
VRA
$93M
| $885K | ﹤0.01% |
43,500
+24,100
| +124% | +$394K |
|
|
STR
5316
PUT
DELISTED
QUESTAR CORP
STR
| $885K | ﹤0.01% |
+35,700
| New | +$824K |
|
|
MNK
5317
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $884K | ﹤0.01% |
14,412
-131,861
| -90% | -$8.43M |
|
5318
Waterstone Financial
WSBF
$382M
| $883K | ﹤0.01% |
64,559
-27,589
| -30% | -$379K |
|
5319
CALL
iShares MSCI Chile ETF
ECH
$1.04B
| $882K | ﹤0.01% |
+23,900
| New | +$793K |
|
|
SOHU
5320
Sohu.com
SOHU
$378M
| $882K | ﹤0.01% |
17,799
-17,572
| -50% | -$850K |
|
5321
State Street SPDR S&P Semiconductor ETF
XSD
$2.93B
| $882K | ﹤0.01% |
19,803
-24,600
| -55% | -$1.01M |
|
|
ARNA
5322
PUT
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $882K | ﹤0.01% |
44,750
-43,650
| -49% | -$700K |
|
5323
PUT
America Movil
AMX
$70.3B
| $881K | ﹤0.01% |
56,700
-39,700
| -41% | -$549K |
|
5324
CALL
Genesco
GCO
$391M
| $881K | ﹤0.01% |
12,200
+900
| +8% | +$58.1K |
|
|
CSH
5325
CALL
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $881K | ﹤0.01% |
+22,800
| New | +$743K |
|
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.