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 | 2.95% |
| 2 | Financials | 1.86% |
| 3 | Consumer Discretionary | 1.84% |
| 4 | Healthcare | 1.45% |
| 5 | Energy | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
CALL
United Rentals
URI
$72.4B
| $60M | 0.03% |
658,000
+120,800
| +22% | +$10.9M |
|
|
PNRA
552
CALL
DELISTED
Panera Bread Co
PNRA
| $60M | 0.03% |
374,900
+119,000
| +47% | +$19.7M |
|
553
CALL
FedEx
FDX
$75.4B
| $59.6M | 0.03% |
360,500
+16,500
| +5% | +$2.86M |
|
554
PUT
BHP
BHP
$230B
| $59.4M | 0.03% |
1,510,487
-1,301
| -0.1% | -$52.8K |
|
555
CALL
Morgan Stanley
MS
$340B
| $59.3M | 0.03% |
1,662,500
-922,400
| -36% | -$33.1M |
|
556
Southwest Airlines
LUV
$23B
| $59.2M | 0.03% |
1,336,952
+940,694
| +237% | +$41.1M |
|
557
CALL
Expedia Group
EXPE
$37.3B
| $59.1M | 0.03% |
628,100
-27,000
| -4% | -$2.4M |
|
|
POT
558
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $58.8M | 0.03% |
1,823,900
-508,800
| -22% | -$17.9M |
|
559
PUT
Abercrombie & Fitch
ANF
$5B
| $58.8M | 0.03% |
2,666,400
-362,000
| -12% | -$8.92M |
|
560
CALL
JD.com
JD
$44.5B
| $58.7M | 0.03% |
1,999,600
+538,300
| +37% | +$14.5M |
|
561
iShares US Real Estate ETF
IYR
$4.65B
| $58.3M | 0.03% |
735,318
-207,520
| -22% | -$16.6M |
|
562
PUT
iShares MSCI Germany ETF
EWG
$1.62B
| $58.1M | 0.03% |
1,946,900
-457,700
| -19% | -$13.2M |
|
563
PUT
Energy Transfer Partners
ET
$69.3B
| $57.8M | 0.03% |
1,823,600
+952,200
| +109% | +$28.2M |
|
564
PUT
Newmont
NEM
$119B
| $57.2M | 0.03% |
2,633,700
-1,342,300
| -34% | -$31.4M |
|
565
PUT
Medtronic
MDT
$112B
| $57.1M | 0.03% |
732,500
-223,600
| -23% | -$16.9M |
|
566
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $56.8M | 0.03% |
1,018,800
-1,424,000
| -58% | -$80.2M |
|
567
CALL
Capital One
COF
$134B
| $56.5M | 0.03% |
717,400
+261,500
| +57% | +$20.5M |
|
568
PUT
Toyota
TM
$225B
| $56.2M | 0.03% |
401,600
-13,100
| -3% | -$1.75M |
|
569
PUT
iShares Silver Trust
SLV
$30.7B
| $56M | 0.03% |
3,506,100
-583,200
| -14% | -$9.34M |
|
570
Yelp
YELP
$1.41B
| $55.9M | 0.03% |
1,181,549
-24,727
| -2% | -$1.22M |
|
|
RAD
571
CALL
DELISTED
Rite Aid Corporation
RAD
| $55.8M | 0.03% |
321,110
+267,150
| +495% | +$41.6M |
|
|
572
CALL
Newmont
NEM
$119B
| $55.4M | 0.03% |
2,550,100
-651,700
| -20% | -$15.2M |
|
|
TIF
573
PUT
DELISTED
Tiffany & Co.
TIF
| $55.2M | 0.03% |
627,600
-284,800
| -31% | -$25.5M |
|
574
CALL
MGM Resorts International
MGM
$11.2B
| $55.2M | 0.03% |
2,625,900
-2,917,700
| -53% | -$61.1M |
|
|
DTV
575
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $55.2M | 0.03% |
648,900
-164,200
| -20% | -$14.2M |
|
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.