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 | |
|---|---|---|---|---|---|---|
6626
PUT
First American
FAF
$7.54B
| $434K | ﹤0.01% |
11,400
+2,500
| +28% | +$89K |
|
6627
Kirby Corp
KEX
$7.32B
| $434K | ﹤0.01% |
7,202
-40,887
| -85% | -$2.23M |
|
|
NSA
6628
DELISTED
National Storage Affiliates Trust
NSA
| $434K | ﹤0.01% |
+20,487
| New | +$367K |
|
6629
CALL
United States 12 Month Oil Fund,
USL
$45.7M
| $434K | ﹤0.01% |
26,600
+7,900
| +42% | +$122K |
|
|
FRN
6630
DELISTED
Invesco Frontier Markets ETF
FRN
| $434K | ﹤0.01% |
39,681
+5,699
| +17% | +$58.6K |
|
|
SCMP
6631
PUT
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $434K | ﹤0.01% |
39,700
+5,200
| +15% | +$65.7K |
|
|
SZYM
6632
PUT
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
| $434K | ﹤0.01% |
214,000
-306,000
| -59% | -$546K |
|
|
ORBC
6633
DELISTED
ORBCOMM, Inc.
ORBC
| $434K | ﹤0.01% |
42,826
-1,657
| -4% | -$13.5K |
|
|
AMRN
6634
PUT
Amarin Corp
AMRN
$297M
| $433K | ﹤0.01% |
14,140
-7,375
| -34% | -$219K |
|
6635
CALL
CoreCivic
CXW
$3.25B
| $433K | ﹤0.01% |
13,500
-10,600
| -44% | -$309K |
|
6636
DaVita
DVA
$11.5B
| $433K | ﹤0.01% |
5,905
-8,703
| -60% | -$588K |
|
6637
PUT
iShares MSCI Italy ETF
EWI
$1.08B
| $433K | ﹤0.01% |
17,750
-23,150
| -57% | -$557K |
|
|
MOMO
6638
CALL
Hello Group
MOMO
$850M
| $433K | ﹤0.01% |
38,500
-27,600
| -42% | -$330K |
|
6639
PUT
Unum
UNM
$14.8B
| $433K | ﹤0.01% |
14,000
+2,800
| +25% | +$82.1K |
|
6640
CALL
FreightCar America
RAIL
$240M
| $432K | ﹤0.01% |
27,700
-2,900
| -9% | -$50.1K |
|
|
CVT
6641
CALL
DELISTED
CVENT, INC.
CVT
| $432K | ﹤0.01% |
20,200
-41,800
| -67% | -$987K |
|
6642
CALL
Host Hotels & Resorts
HST
$15.7B
| $431K | ﹤0.01% |
25,800
-47,200
| -65% | -$710K |
|
|
SC
6643
PUT
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $431K | ﹤0.01% |
41,100
+8,900
| +28% | +$97.8K |
|
|
VRNG
6644
CALL
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $431K | ﹤0.01% |
262,800
-44,800
| -15% | -$84.7K |
|
|
ABAX
6645
PUT
DELISTED
Abaxis Inc
ABAX
| $431K | ﹤0.01% |
9,500
+600
| +7% | +$26.7K |
|
6646
PUT
AZZ Inc
AZZ
$4.55B
| $430K | ﹤0.01% |
7,600
+500
| +7% | +$26K |
|
|
NMBL
6647
PUT
DELISTED
Nimble Storage, Inc.
NMBL
| $430K | ﹤0.01% |
54,900
-20,600
| -27% | -$146K |
|
6648
CALL
Rayonier Advanced Materials
RYAM
$570M
| $429K | ﹤0.01% |
45,200
-27,700
| -38% | -$218K |
|
|
ACC
6649
PUT
DELISTED
American Campus Communities, Inc.
ACC
| $429K | ﹤0.01% |
+9,100
| New | +$392K |
|
|
AFAM
6650
DELISTED
Almost Family Inc
AFAM
| $429K | ﹤0.01% |
11,530
+4,630
| +67% | +$173K |
|
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.