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 | |
|---|---|---|---|---|---|---|
6826
PUT
TFS Financial
TFSL
$4.95B
| $384K | ﹤0.01% |
22,100
-4,000
| -15% | -$68.3K |
|
|
KZ
6827
PUT
DELISTED
KongZhong Corporation
KZ
| $384K | ﹤0.01% |
53,500
+39,400
| +279% | +$284K |
|
6828
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$590M
| $383K | ﹤0.01% |
+15,741
| New | +$377K |
|
6829
PUT
Navigator Holdings
NVGS
$1.29B
| $383K | ﹤0.01% |
23,700
-11,300
| -32% | -$165K |
|
6830
PUT
iShares US Regional Banks ETF
IAT
$693M
| $381K | ﹤0.01% |
12,000
+4,200
| +54% | +$131K |
|
6831
PUT
Reliance Steel & Aluminium
RS
$21.8B
| $381K | ﹤0.01% |
5,500
-600
| -10% | -$36.3K |
|
6832
ProShares Ultra Semiconductors
USD
$2.96B
| $381K | ﹤0.01% |
441,600
-771,744
| -64% | -$580K |
|
|
EEP
6833
PUT
DELISTED
Enbridge Energy Partners
EEP
| $381K | ﹤0.01% |
20,800
-15,700
| -43% | -$277K |
|
6834
CALL
MillerKnoll
MLKN
$1.62B
| $380K | ﹤0.01% |
12,300
-2,300
| -16% | -$61.1K |
|
6835
CALL
Pembina Pipeline
PBA
$28.7B
| $380K | ﹤0.01% |
14,100
+1,700
| +14% | +$39.6K |
|
|
PE
6836
CALL
DELISTED
PARSLEY ENERGY INC
PE
| $380K | ﹤0.01% |
16,800
-8,300
| -33% | -$154K |
|
|
BBOX
6837
DELISTED
Black Box Corp
BBOX
| $380K | ﹤0.01% |
28,229
-14,703
| -34% | -$158K |
|
|
VNR
6838
PUT
DELISTED
Vanguard Natural Resources, LLC
VNR
| $380K | ﹤0.01% |
260,200
-290,400
| -53% | -$608K |
|
6839
Kemper
KMPR
$1.62B
| $379K | ﹤0.01% |
12,804
-7,376
| -37% | -$221K |
|
6840
CALL
New Jersey Resources
NJR
$5.64B
| $379K | ﹤0.01% |
+10,400
| New | +$360K |
|
6841
CALL
Sibanye-Stillwater
SBSW
$7.62B
| $379K | ﹤0.01% |
26,520
+8,168
| +45% | +$88.4K |
|
6842
PUT
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $378K | ﹤0.01% |
+8,200
| New | +$354K |
|
|
RGLS
6843
PUT
DELISTED
Regulus Therapeutics
RGLS
| $378K | ﹤0.01% |
454
+362
| +393% | +$288K |
|
6844
CALL
Manulife Financial
MFC
$73.8B
| $377K | ﹤0.01% |
26,700
-31,500
| -54% | -$422K |
|
6845
Stellantis
STLA
$20.2B
| $377K | ﹤0.01% |
47,247
-668,118
| -93% | -$4.83M |
|
6846
Willis Lease Finance
WLFC
$1.2B
| $377K | ﹤0.01% |
+52,377
| New | +$342K |
|
|
COHR
6847
CALL
DELISTED
Coherent Inc
COHR
| $377K | ﹤0.01% |
+4,100
| New | +$316K |
|
|
WPG
6848
DELISTED
Washington Prime Group Inc.
WPG
| $377K | ﹤0.01% |
4,411
-3,748
| -46% | -$305K |
|
6849
PUT
Adtran
ADTN
$684M
| $376K | ﹤0.01% |
18,600
-56,700
| -75% | -$1.05M |
|
6850
PUT
Teucrium Corn Fund
CORN
$171M
| $376K | ﹤0.01% |
18,700
-8,900
| -32% | -$188K |
|
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.