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 | |
|---|---|---|---|---|---|---|
6326
PUT
Cytokinetics
CYTK
$10.3B
| $515K | ﹤0.01% |
73,000
+47,500
| +186% | +$347K |
|
6327
CALL
Virtu Financial
VIRT
$5.3B
| $515K | ﹤0.01% |
23,300
+9,700
| +71% | +$215K |
|
|
PMC
6328
PUT
DELISTED
PharMerica Corporation
PMC
| $515K | ﹤0.01% |
+23,300
| New | +$620K |
|
|
CCP
6329
PUT
DELISTED
Care Capital Properties, Inc.
CCP
| $515K | ﹤0.01% |
19,200
-6,300
| -25% | -$175K |
|
6330
Keurig Dr Pepper
KDP
$42.8B
| $514K | ﹤0.01% |
5,750
-40,124
| -87% | -$3.66M |
|
|
COR
6331
DELISTED
Coresite Realty Corporation
COR
| $514K | ﹤0.01% |
7,340
-2,177
| -23% | -$137K |
|
|
TECD
6332
CALL
DELISTED
Tech Data Corp
TECD
| $514K | ﹤0.01% |
6,700
-4,900
| -42% | -$336K |
|
|
MIDZ
6333
CALL
DELISTED
Direxion Daily Mid Cap Bear 3X Shares
MIDZ
| $514K | ﹤0.01% |
2,700
+380
| +16% | +$95.1K |
|
6334
Invesco Water Resources ETF
PHO
$2.05B
| $513K | ﹤0.01% |
23,364
-16,232
| -41% | -$332K |
|
|
AVP
6335
DELISTED
Avon Products, Inc.
AVP
| $513K | ﹤0.01% |
106,631
-733,707
| -87% | -$2.62M |
|
|
AFTY
6336
DELISTED
Pacer CSOP FTSE China A50 ETF
AFTY
| $512K | ﹤0.01% |
39,444
-230,147
| -85% | -$2.82M |
|
|
RST
6337
DELISTED
ROSETTA STONE INC
RST
| $512K | ﹤0.01% |
76,322
+38,504
| +102% | +$271K |
|
6338
PUT
WIX.com
WIX
$3.1B
| $511K | ﹤0.01% |
25,200
-46,600
| -65% | -$933K |
|
|
DRA
6339
DELISTED
Diversified Real Asset Income Fd
DRA
| $511K | ﹤0.01% |
32,371
-133,172
| -80% | -$1.96M |
|
|
TPS
6340
DELISTED
ProShares UltraShort Tips
TPS
| $511K | ﹤0.01% |
19,792
-500
| -2% | -$13.6K |
|
6341
PUT
Copart
CPRT
$29.3B
| $510K | ﹤0.01% |
100,000
+19,200
| +24% | +$88.7K |
|
|
TIVO
6342
PUT
DELISTED
TIVO INC
TIVO
| $510K | ﹤0.01% |
53,600
+33,600
| +168% | +$270K |
|
6343
CALL
CMS Energy
CMS
$22.3B
| $509K | ﹤0.01% |
12,000
+3,400
| +40% | +$133K |
|
6344
First Trust Managed Futures Strategy Fund
FMF
$259M
| $509K | ﹤0.01% |
10,813
-12,249
| -53% | -$597K |
|
|
CVA
6345
DELISTED
Covanta Holding Corporation
CVA
| $509K | ﹤0.01% |
30,211
+1,516
| +5% | +$22.4K |
|
|
CTRL
6346
PUT
DELISTED
Control4 Corporation
CTRL
| $509K | ﹤0.01% |
63,900
+4,900
| +8% | +$36.4K |
|
6347
PUT
Axalta
AXTA
$7.99B
| $508K | ﹤0.01% |
+17,400
| New | +$442K |
|
6348
Cass Information Systems
CASS
$748M
| $508K | ﹤0.01% |
12,804
-10,406
| -45% | -$398K |
|
|
NWBO
6349
DELISTED
Northwest Biotherapeutics, Inc. Common stock
NWBO
| $508K | ﹤0.01% |
348,272
+121,286
| +53% | +$239K |
|
6350
TechnipFMC
FTI
$30.8B
| $507K | ﹤0.01% |
24,918
-154,032
| -86% | -$2.91M |
|
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.