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 | |
|---|---|---|---|---|---|---|
576
PUT
LyondellBasell Industries
LYB
$19.2B
| $43M | 0.02% |
502,800
+170,000
| +51% | +$13.6M |
|
577
CALL
Air Products & Chemicals
APD
$67.6B
| $43M | 0.02% |
322,570
+48,212
| +18% | +$5.83M |
|
578
PUT
American Tower
AMT
$80.4B
| $42.9M | 0.02% |
419,300
+139,000
| +50% | +$13M |
|
|
VAL
579
CALL
DELISTED
Valspar
VAL
| $42.8M | 0.02% |
400,300
+228,700
| +133% | +$18.9M |
|
580
PUT
Equinix
EQIX
$103B
| $42.4M | 0.02% |
128,300
-251,400
| -66% | -$76.5M |
|
|
581
PUT
Air Products & Chemicals
APD
$67.6B
| $42.4M | 0.02% |
317,922
-19,350
| -6% | -$2.34M |
|
582
Cummins
CMI
$88.7B
| $42.3M | 0.02% |
385,140
+260,519
| +209% | +$25.2M |
|
583
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.42B
| $42.2M | 0.02% |
2,060,400
+1,287,800
| +167% | +$20.8M |
|
|
SE
584
CALL
DELISTED
Spectra Energy Corp Wi
SE
| $42.2M | 0.02% |
1,379,600
+986,700
| +251% | +$27.8M |
|
585
MetLife
MET
$62.1B
| $42.2M | 0.02% |
1,076,497
-326,087
| -23% | -$12.2M |
|
586
CALL
BlackBerry
BB
$5.26B
| $42M | 0.02% |
5,195,600
-3,123,900
| -38% | -$23.4M |
|
587
PUT
Range Resources
RRC
$8.95B
| $41.9M | 0.02% |
1,295,300
+283,500
| +28% | +$7.88M |
|
588
PUT
General Dynamics
GD
$106B
| $41.7M | 0.02% |
317,500
-9,000
| -3% | -$1.19M |
|
|
CBI
589
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $41.7M | 0.02% |
1,139,100
-995,300
| -47% | -$35.6M |
|
590
PUT
Ambarella
AMBA
$3.81B
| $41.6M | 0.02% |
931,700
-737,800
| -44% | -$30.5M |
|
591
CALL
Best Buy
BBY
$17.3B
| $41.6M | 0.02% |
1,281,600
-348,500
| -21% | -$10.6M |
|
592
CALL
ProShares UltraPro QQQ
TQQQ
$37.9B
| $41.6M | 0.02% |
19,478,400
+4,804,800
| +33% | +$8.92M |
|
|
JNPR
593
CALL
DELISTED
Juniper Networks
JNPR
| $41.5M | 0.02% |
1,628,300
-905,700
| -36% | -$22.7M |
|
|
ANDV
594
CALL
DELISTED
Andeavor
ANDV
| $41.5M | 0.02% |
482,700
-458,400
| -49% | -$39.4M |
|
595
CALL
MGM Resorts International
MGM
$11.2B
| $41.4M | 0.02% |
1,928,700
-379,600
| -16% | -$7.5M |
|
|
CMA
596
DELISTED
Comerica
CMA
| $41.3M | 0.02% |
1,090,479
-661,407
| -38% | -$23.8M |
|
|
ALXN
597
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $41.2M | 0.02% |
296,000
+39,900
| +16% | +$5.86M |
|
598
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$210M
| $41M | 0.02% |
2,388
-189
| -7% | -$4.2M |
|
599
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $40.8M | 0.02% |
1,643,394
+198,502
| +14% | +$4.58M |
|
600
Expedia Group
EXPE
$37.3B
| $40.7M | 0.02% |
377,404
+232,344
| +160% | +$24.8M |
|
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.