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 | |
|---|---|---|---|---|---|---|
|
CBI
601
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $52.5M | 0.02% |
1,065,000
+192,900
| +22% | +$8.11M |
|
|
TFCFA
602
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $52.4M | 0.02% |
1,547,000
+308,700
| +25% | +$10.7M |
|
603
CALL
TripAdvisor
TRIP
$1.26B
| $52.2M | 0.02% |
628,200
+153,400
| +32% | +$12.1M |
|
604
CALL
Texas Instruments
TXN
$261B
| $52.2M | 0.02% |
912,500
-1,225,100
| -57% | -$68.8M |
|
605
Pfizer
PFE
$153B
| $52.2M | 0.02% |
1,580,125
-175,489
| -10% | -$5.58M |
|
|
XEC
606
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $52.1M | 0.02% |
453,100
+209,900
| +86% | +$22.5M |
|
|
BRCM
607
CALL
DELISTED
BROADCOM CORP CL-A
BRCM
| $52.1M | 0.02% |
1,203,900
-665,100
| -36% | -$29M |
|
|
P
608
PUT
DELISTED
Pandora Media Inc
P
| $52M | 0.02% |
3,208,400
+175,400
| +6% | +$2.8M |
|
609
CALL
Vipshop
VIPS
$7.53B
| $51.9M | 0.02% |
1,764,200
-1,046,800
| -37% | -$25.4M |
|
610
CALL
Colgate-Palmolive
CL
$74.4B
| $51.9M | 0.02% |
749,000
-280,700
| -27% | -$19.4M |
|
611
CALL
Exelon
EXC
$47B
| $51.7M | 0.02% |
2,158,519
-692,869
| -24% | -$17.2M |
|
612
MetLife
MET
$62.1B
| $51.5M | 0.02% |
1,143,329
+648,514
| +131% | +$29.1M |
|
613
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $51.5M | 0.02% |
1,236,000
+1,028,000
| +494% | +$37.9M |
|
614
CALL
CSX Corp
CSX
$93.1B
| $51.4M | 0.02% |
4,655,400
-54,000
| -1% | -$621K |
|
615
CALL
Yelp
YELP
$1.41B
| $51.4M | 0.02% |
1,085,400
-397,100
| -27% | -$19.7M |
|
|
RAI
616
DELISTED
Reynolds American Inc
RAI
| $51.3M | 0.02% |
1,488,486
+1,290,638
| +652% | +$45.2M |
|
|
WLL
617
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $51.2M | 0.02% |
5,518
-1,750
| -24% | -$17.7M |
|
|
DISH
618
PUT
DELISTED
DISH Network Corp.
DISH
| $51.1M | 0.02% |
729,900
-836,800
| -53% | -$61.7M |
|
619
First Solar
FSLR
$26.9B
| $50.7M | 0.02% |
848,232
-619,655
| -42% | -$31.8M |
|
620
CALL
Eaton
ETN
$174B
| $50.6M | 0.02% |
745,500
-86,000
| -10% | -$5.85M |
|
621
CALL
Mondelez International
MDLZ
$79.9B
| $50.5M | 0.02% |
1,400,400
-380,600
| -21% | -$13.8M |
|
|
ETP
622
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $50.4M | 0.02% |
904,500
-272,500
| -23% | -$16.2M |
|
623
PUT
Honeywell
HON
$78B
| $50.2M | 0.02% |
535,970
+221,132
| +70% | +$20.2M |
|
624
CALL
ProShares UltraShort Silver
ZSL
$60M
| $50.2M | 0.02% |
6,218
-3,763
| -38% | -$30.8M |
|
625
PUT
McKesson
MCK
$101B
| $50.1M | 0.02% |
221,500
-126,700
| -36% | -$28.1M |
|
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.