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 | |
|---|---|---|---|---|---|---|
5651
ProShares VIX Mid-Term Futures ETF
VIXM
$94.3M
| $746K | ﹤0.01% |
14,101
+8,783
| +165% | +$522K |
|
5652
Compass Minerals
CMP
$1.11B
| $745K | ﹤0.01% |
10,510
+3,346
| +47% | +$239K |
|
5653
CALL
Martin Midstream Partners
MMLP
$93.9M
| $745K | ﹤0.01% |
37,100
-5,200
| -12% | -$90.1K |
|
5654
PUT
Reading International Class A
RDI
$36.6M
| $745K | ﹤0.01% |
62,200
+21,500
| +53% | +$237K |
|
5655
Scorpio Tankers
STNG
$3.98B
| $743K | ﹤0.01% |
12,738
-61,776
| -83% | -$3.66M |
|
5656
PUT
Commercial Metals
CMC
$7.92B
| $742K | ﹤0.01% |
43,700
+30,900
| +241% | +$453K |
|
5657
PUT
Unifirst Corp
UNF
$5.19B
| $742K | ﹤0.01% |
+6,800
| New | +$711K |
|
|
FLY
5658
DELISTED
Fly Leasing Limited
FLY
| $742K | ﹤0.01% |
58,417
-26,311
| -31% | -$324K |
|
5659
PUT
iShares Russell 1000 ETF
IWB
$50.4B
| $741K | ﹤0.01% |
6,500
+4,000
| +160% | +$432K |
|
5660
PUT
MGIC Investment
MTG
$6.39B
| $741K | ﹤0.01% |
96,600
-58,200
| -38% | -$417K |
|
5661
PUT
ProShares UltraShort MSCI Brazil Capped
BZQ
$2.73M
| $740K | ﹤0.01% |
228
-132
| -37% | -$776K |
|
5662
Core Laboratories
CLB
$571M
| $740K | ﹤0.01% |
6,582
-17,196
| -72% | -$1.79M |
|
|
IMMU
5663
CALL
DELISTED
Immunomedics Inc
IMMU
| $740K | ﹤0.01% |
296,100
-389,400
| -57% | -$876K |
|
5664
CALL
NETGEAR
NTGR
$656M
| $739K | ﹤0.01% |
18,300
-22,700
| -55% | -$873K |
|
|
WR
5665
PUT
DELISTED
Westar Energy Inc
WR
| $739K | ﹤0.01% |
+14,900
| New | +$665K |
|
5666
PUT
CMS Energy
CMS
$22.3B
| $738K | ﹤0.01% |
+17,400
| New | +$681K |
|
5667
PUT
iShares Europe ETF
IEV
$1.7B
| $738K | ﹤0.01% |
18,700
+11,200
| +149% | +$422K |
|
5668
CALL
KNOT Offshore Partners
KNOP
$369M
| $738K | ﹤0.01% |
45,000
-12,500
| -22% | -$180K |
|
5669
CALL
Dave & Buster's
PLAY
$354M
| $737K | ﹤0.01% |
19,000
-5,900
| -24% | -$216K |
|
5670
PUT
Aecom
ACM
$8.12B
| $736K | ﹤0.01% |
23,900
-28,500
| -54% | -$791K |
|
|
BERY
5671
DELISTED
Berry Global Group, Inc.
BERY
| $736K | ﹤0.01% |
22,167
-26,236
| -54% | -$764K |
|
|
TEP
5672
PUT
DELISTED
Tallgrass Energy Partners, LP
TEP
| $736K | ﹤0.01% |
19,200
+13,600
| +243% | +$475K |
|
|
SMK
5673
DELISTED
ProShares UltraShort MSCI Mexico Capped IMI
SMK
| $736K | ﹤0.01% |
31,907
+84
| +0.3% | +$2.64K |
|
5674
CALL
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $735K | ﹤0.01% |
+14,300
| New | +$680K |
|
5675
Under Armour
UAA
$2.3B
| $735K | ﹤0.01% |
17,320
-812,862
| -98% | -$32.1M |
|
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.