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 | 1.93% |
| 2 | Technology | 1.6% |
| 3 | Consumer Discretionary | 1.4% |
| 4 | Communication Services | 1.36% |
| 5 | Healthcare | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
PUT
Advance Auto Parts
AAP
$3.49B
| $32.3M | 0.02% |
201,300
-84,600
| -30% | -$12.7M |
|
702
CALL
Crown Castle
CCI
$32.2B
| $32.3M | 0.02% |
373,100
+196,500
| +111% | +$16.7M |
|
703
CALL
T-Mobile US
TMUS
$190B
| $32.3M | 0.02% |
842,300
-236,100
| -22% | -$8.91M |
|
704
iShares MSCI Brazil ETF
EWZ
$8.95B
| $32.3M | 0.02% |
1,226,545
-2,197,937
| -64% | -$47.3M |
|
|
ATVI
705
CALL
DELISTED
Activision Blizzard
ATVI
| $32.2M | 0.02% |
951,000
-541,800
| -36% | -$17.8M |
|
706
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $32.1M | 0.02% |
967,300
+65,700
| +7% | +$2.11M |
|
707
PUT
BlackBerry
BB
$5.26B
| $32.1M | 0.02% |
3,968,000
+679,700
| +21% | +$5.1M |
|
708
PUT
Energy Transfer Partners
ET
$69.3B
| $32.1M | 0.02% |
4,501,300
-74,400
| -2% | -$584K |
|
|
709
CALL
Energy Transfer Partners
ET
$69.3B
| $32.1M | 0.02% |
4,496,200
+1,985,900
| +79% | +$15.6M |
|
710
CALL
Thermo Fisher Scientific
TMO
$220B
| $32M | 0.02% |
225,800
-98,200
| -30% | -$13.2M |
|
|
MNDT
711
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $32M | 0.02% |
1,777,000
-439,400
| -20% | -$7.16M |
|
712
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $32M | 0.02% |
269,000
+147,600
| +122% | +$17M |
|
713
PUT
D.R. Horton
DHI
$42.3B
| $32M | 0.02% |
1,057,200
-1,095,500
| -51% | -$30.1M |
|
|
JWN
714
PUT
DELISTED
Nordstrom
JWN
| $31.8M | 0.02% |
556,700
+73,300
| +15% | +$3.78M |
|
715
PUT
Kroger
KR
$34.8B
| $31.8M | 0.02% |
830,100
+307,800
| +59% | +$11.9M |
|
716
CALL
Martin Marietta Materials
MLM
$33B
| $31.6M | 0.02% |
198,300
+111,100
| +127% | +$15.3M |
|
717
Intel
INTC
$513B
| $31.6M | 0.02% |
977,643
-236,731
| -19% | -$7.26M |
|
718
PUT
Texas Instruments
TXN
$261B
| $31.5M | 0.02% |
549,000
-234,900
| -30% | -$12.5M |
|
719
Corning
GLW
$143B
| $31.5M | 0.02% |
1,506,208
-1,182,574
| -44% | -$21.9M |
|
720
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$431M
| $31.4M | 0.02% |
364,800
-93,500
| -20% | -$7.87M |
|
721
PUT
Ecolab
ECL
$79.9B
| $31.2M | 0.02% |
280,000
+257,000
| +1,117% | +$27.3M |
|
722
PUT
Best Buy
BBY
$17.3B
| $31.2M | 0.02% |
960,500
-1,214,100
| -56% | -$36.8M |
|
723
PUT
Pultegroup
PHM
$25.3B
| $31.2M | 0.02% |
1,665,300
-118,400
| -7% | -$2.02M |
|
|
ETP
724
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $31.1M | 0.02% |
961,600
-902,200
| -48% | -$25.1M |
|
725
CALL
iShares MSCI Mexico ETF
EWW
$1.92B
| $31M | 0.02% |
577,700
-342,200
| -37% | -$16.6M |
|
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 1.9% of assets, down from 2.1% 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.