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 | |
|---|---|---|---|---|---|---|
626
PUT
Vertex Pharmaceuticals
VRTX
$126B
| $49.9M | 0.02% |
422,700
-1,329,800
| -76% | -$159M |
|
|
627
CALL
Vertex Pharmaceuticals
VRTX
$126B
| $49.7M | 0.02% |
421,600
-365,800
| -46% | -$43.8M |
|
628
PUT
Jazz Pharmaceuticals
JAZZ
$16.7B
| $49.7M | 0.02% |
287,800
-126,400
| -31% | -$21.7M |
|
|
EMC
629
DELISTED
EMC CORPORATION
EMC
| $49.7M | 0.02% |
1,943,174
+797,090
| +70% | +$22M |
|
630
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $49.5M | 0.02% |
546,660
+242,660
| +80% | +$22M |
|
631
CALL
Diamondback Energy
FANG
$52.7B
| $49.4M | 0.02% |
643,400
+414,400
| +181% | +$28.8M |
|
632
Cisco
CSCO
$479B
| $49.4M | 0.02% |
1,793,426
-1,842,430
| -51% | -$51.9M |
|
633
CALL
Under Armour
UAA
$2.6B
| $49.4M | 0.02% |
1,222,600
-1,364,000
| -53% | -$50.2M |
|
634
HSBC
HSBC
$356B
| $49.3M | 0.02% |
1,313,653
+302,192
| +30% | +$11.8M |
|
635
PUT
Kimberly-Clark
KMB
$36.5B
| $49.3M | 0.02% |
459,900
-20,400
| -4% | -$2.25M |
|
|
BNY
636
CALL
Bank of New York Mellon
BNY
$107B
| $49.2M | 0.02% |
1,222,700
+101,900
| +9% | +$3.97M |
|
|
EA
637
PUT
DELISTED
Electronic Arts
EA
| $49.1M | 0.02% |
835,000
-271,500
| -25% | -$14.6M |
|
|
BHI
638
DELISTED
Baker Hughes
BHI
| $49M | 0.02% |
771,289
+484,713
| +169% | +$29.2M |
|
639
CALL
Truist Financial
TFC
$64B
| $49M | 0.02% |
1,257,600
+81,800
| +7% | +$3.08M |
|
640
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $48.9M | 0.02% |
1,302,600
-898,800
| -41% | -$33M |
|
641
PUT
Texas Instruments
TXN
$261B
| $48.9M | 0.02% |
855,300
-248,000
| -22% | -$13.9M |
|
642
iShares MSCI Japan ETF
EWJ
$22.8B
| $48.9M | 0.02% |
974,680
+402,390
| +70% | +$19.2M |
|
643
CALL
Brookdale Senior Living
BKD
$3.4B
| $48.8M | 0.02% |
1,292,500
+1,241,800
| +2,449% | +$45.5M |
|
644
PUT
Quest Diagnostics
DGX
$26.3B
| $48.7M | 0.02% |
633,300
+483,700
| +323% | +$34.6M |
|
645
PUT
International Paper
IP
$22B
| $48.7M | 0.02% |
926,006
-891,898
| -49% | -$46.3M |
|
646
Baidu
BIDU
$37.2B
| $48.6M | 0.02% |
233,285
-492,084
| -68% | -$105M |
|
647
CALL
Thermo Fisher Scientific
TMO
$220B
| $48.6M | 0.02% |
361,700
-10,600
| -3% | -$1.37M |
|
|
LO
648
CALL
DELISTED
LORILLARD INC COM STK
LO
| $48.6M | 0.02% |
743,400
+159,800
| +27% | +$10.6M |
|
649
CALL
Vale
VALE
$62.6B
| $48.2M | 0.02% |
8,534,100
-5,066,100
| -37% | -$36.7M |
|
|
MNDT
650
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $48.2M | 0.02% |
1,228,418
-1,152,118
| -48% | -$44.5M |
|
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.