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 | 1.93% |
| 2 | Technology | 1.6% |
| 3 | Consumer Discretionary | 1.4% |
| 4 | Communication Services | 1.36% |
| 5 | Healthcare | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Micron Technology
MU
$991B
| $49.1M | 0.03% |
4,689,363
-5,710,990
| -55% | -$63.8M |
|
|
AET
527
DELISTED
Aetna Inc
AET
| $48.9M | 0.03% |
435,648
+269,414
| +162% | +$28.8M |
|
|
RSX
528
PUT
DELISTED
VanEck Russia ETF
RSX
| $48.8M | 0.03% |
2,980,200
-2,449,600
| -45% | -$35.5M |
|
529
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $48.7M | 0.03% |
401,211
-43,052
| -10% | -$4.66M |
|
|
BWLD
530
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $48.4M | 0.03% |
326,700
-11,100
| -3% | -$1.7M |
|
|
EMC
531
DELISTED
EMC CORPORATION
EMC
| $48.4M | 0.03% |
1,815,699
-220,716
| -11% | -$5.59M |
|
532
CALL
Petrobras
PBR
$116B
| $48.3M | 0.03% |
8,269,900
+1,853,300
| +29% | +$7.48M |
|
533
PUT
Capital One
COF
$134B
| $47.9M | 0.03% |
690,800
+212,300
| +44% | +$14M |
|
534
CALL
Whirlpool
WHR
$2.82B
| $47.9M | 0.03% |
265,400
-500
| -0.2% | -$74.5K |
|
535
CALL
Eaton
ETN
$174B
| $47.8M | 0.03% |
763,500
+376,900
| +97% | +$20.8M |
|
|
ETP
536
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $47.6M | 0.03% |
1,472,800
-867,100
| -37% | -$24.2M |
|
|
MON
537
DELISTED
Monsanto Co
MON
| $47.6M | 0.03% |
542,735
+129,650
| +31% | +$11.7M |
|
538
CALL
Norfolk Southern
NSC
$75.1B
| $47.6M | 0.03% |
571,600
-579,900
| -50% | -$43.8M |
|
539
PUT
Elevance Health
ELV
$85.5B
| $47.5M | 0.03% |
341,800
+65,700
| +24% | +$8.78M |
|
540
CALL
Mattel
MAT
$4.23B
| $47.4M | 0.03% |
1,410,100
+559,200
| +66% | +$17M |
|
541
PUT
CF Industries
CF
$17.3B
| $47.4M | 0.03% |
1,512,100
-113,300
| -7% | -$3.7M |
|
542
CALL
Illumina
ILMN
$28.4B
| $46.6M | 0.02% |
295,344
-508,244
| -63% | -$77.7M |
|
|
543
CALL
Elevance Health
ELV
$85.5B
| $46.5M | 0.02% |
334,300
+47,200
| +16% | +$6.31M |
|
544
PUT
CVS Health
CVS
$122B
| $46.3M | 0.02% |
446,100
-740,600
| -62% | -$72M |
|
|
GG
545
PUT
DELISTED
Goldcorp Inc
GG
| $46.2M | 0.02% |
2,847,500
-653,400
| -19% | -$9.08M |
|
546
NVIDIA
NVDA
$5.42T
| $46.2M | 0.02% |
51,867,120
+9,652,520
| +23% | +$7.36M |
|
547
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $46.2M | 0.02% |
832,800
+4,200
| +0.5% | +$217K |
|
548
PUT
eBay
EBAY
$49.8B
| $46.2M | 0.02% |
1,935,900
+39,400
| +2% | +$958K |
|
549
PUT
United Rentals
URI
$72.4B
| $46.1M | 0.02% |
741,400
-101,600
| -12% | -$5.65M |
|
550
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$124B
| $45.7M | 0.02% |
1,320,600
+601,200
| +84% | +$18.9M |
|
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 1.9% of assets, down from 2.1% 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.