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 | 2.99% |
| 2 | Financials | 1.89% |
| 3 | Consumer Discretionary | 1.86% |
| 4 | Healthcare | 1.5% |
| 5 | Energy | 1.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NSH
6426
CALL
DELISTED
NuStar GP Holdings LLC
NSH
| $704K | ﹤0.01% |
19,900
+6,800
| +52% | +$241K |
|
|
DX
6427
Dynex Capital
DX
$3.24B
| $703K | ﹤0.01% |
27,669
-13,302
| -32% | -$333K |
|
6428
PUT
Post Holdings
POST
$3.67B
| $703K | ﹤0.01% |
22,920
-39,881
| -64% | -$1.22M |
|
6429
Willdan Group
WLDN
$1.32B
| $703K | ﹤0.01% |
44,407
-4,200
| -9% | -$57.9K |
|
|
REXX
6430
CALL
DELISTED
Rex Energy Corporation
REXX
| $703K | ﹤0.01% |
18,900
+17,340
| +1,112% | +$713K |
|
6431
PUT
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $702K | ﹤0.01% |
21,100
-6,200
| -23% | -$210K |
|
6432
iShares S&P India Nifty 50 Index Fund
INDY
$561M
| $702K | ﹤0.01% |
+22,394
| New | +$717K |
|
6433
PUT
Murphy USA
MUSA
$10.5B
| $702K | ﹤0.01% |
9,700
-1,200
| -11% | -$84.3K |
|
6434
CALL
Gentherm
THRM
$1.35B
| $702K | ﹤0.01% |
13,900
-35,900
| -72% | -$1.52M |
|
|
DOOR
6435
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $702K | ﹤0.01% |
10,436
+2,518
| +32% | +$160K |
|
|
ATHX
6436
DELISTED
Athersys, Inc. Common Stock
ATHX
| $702K | ﹤0.01% |
9,749
+4,457
| +84% | +$269K |
|
|
ISLE
6437
CALL
DELISTED
Isle of Capri Casinos Inc
ISLE
| $701K | ﹤0.01% |
49,900
+28,800
| +136% | +$331K |
|
6438
PUT
iShares Global 100 ETF
IOO
$9.42B
| $700K | ﹤0.01% |
18,000
+10,000
| +125% | +$384K |
|
|
WAGE
6439
CALL
DELISTED
WageWorks, Inc.
WAGE
| $699K | ﹤0.01% |
13,100
+500
| +4% | +$28.5K |
|
6440
PUT
Intrepid Potash
IPI
$493M
| $698K | ﹤0.01% |
6,040
-6,700
| -53% | -$883K |
|
6441
PUT
Ternium
TX
$10.6B
| $698K | ﹤0.01% |
38,600
+3,400
| +10% | +$59.3K |
|
|
EMFM
6442
DELISTED
Global X MSCI Next Emerging & Frontier ETF
EMFM
| $698K | ﹤0.01% |
31,144
-40,700
| -57% | -$931K |
|
|
EEQ
6443
CALL
DELISTED
Enbridge Energy Management Llc
EEQ
| $698K | ﹤0.01% |
27,304
+9,980
| +58% | +$257K |
|
6444
PUT
Invesco Mortgage Capital
IVR
$805M
| $697K | ﹤0.01% |
4,490
-8,550
| -66% | -$1.33M |
|
6445
PUT
STMicroelectronics
STM
$48.5B
| $697K | ﹤0.01% |
75,200
+16,500
| +28% | +$144K |
|
|
WES
6446
DELISTED
Western Gas Partners Lp
WES
| $697K | ﹤0.01% |
10,583
-21,626
| -67% | -$1.49M |
|
6447
CALL
Black Hills Corp
BKH
$5.66B
| $696K | ﹤0.01% |
13,800
+3,500
| +34% | +$176K |
|
6448
CALL
Invesco DB Agriculture Fund
DBA
$1.24B
| $695K | ﹤0.01% |
31,400
-15,500
| -33% | -$360K |
|
6449
CALL
Huron Consulting
HURN
$2.42B
| $695K | ﹤0.01% |
10,500
+6,400
| +156% | +$449K |
|
6450
CALL
Keysight
KEYS
$61.1B
| $695K | ﹤0.01% |
18,700
+9,800
| +110% | +$353K |
|
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.