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 | |
|---|---|---|---|---|---|---|
7501
PUT
State Street SPDR S&P Insurance ETF
KIE
$685M
| $256K | ﹤0.01% |
+11,100
| New | +$244K |
|
7502
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $256K | ﹤0.01% |
5,220
+67
| +1% | +$3.2K |
|
|
STRS
7503
DELISTED
STRATUS PPTYS INC
STRS
| $256K | ﹤0.01% |
+10,785
| New | +$236K |
|
7504
United Microelectronic
UMC
$47.3B
| $256K | ﹤0.01% |
122,900
-15,506
| -11% | -$30.3K |
|
|
WAC
7505
PUT
DELISTED
Walter Investment Mgt Corp
WAC
| $256K | ﹤0.01% |
33,500
-103,100
| -75% | -$939K |
|
7506
Arcturus Therapeutics
ARCT
$235M
| $255K | ﹤0.01% |
9,604
-2,222
| -19% | -$75.2K |
|
7507
CVR Energy
CVI
$3.57B
| $255K | ﹤0.01% |
9,787
-110,978
| -92% | -$3.24M |
|
7508
PUT
Vanguard Morningstar Growth ETF
VUG
$230B
| $255K | ﹤0.01% |
14,400
-3,600
| -20% | -$60.3K |
|
7509
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$655M
| $255K | ﹤0.01% |
890
-1,060
| -54% | -$253K |
|
|
UMPQ
7510
PUT
DELISTED
Umpqua Holdings Corp
UMPQ
| $255K | ﹤0.01% |
16,100
-1,300
| -7% | -$19.6K |
|
|
PZN
7511
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $255K | ﹤0.01% |
33,740
+10,569
| +46% | +$74.1K |
|
|
QIWI
7512
PUT
DELISTED
QIWI PLC
QIWI
| $255K | ﹤0.01% |
17,600
-23,300
| -57% | -$312K |
|
|
DOC
7513
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $255K | ﹤0.01% |
13,711
-74,426
| -84% | -$1.28M |
|
7514
Gaia
GAIA
$36.1M
| $254K | ﹤0.01% |
39,765
+29,552
| +289% | +$161K |
|
7515
CALL
Hubbell
HUBB
$26.9B
| $254K | ﹤0.01% |
+2,400
| New | +$229K |
|
7516
IQVIA
IQV
$39.4B
| $254K | ﹤0.01% |
3,900
-11,700
| -75% | -$740K |
|
7517
Omnicell
OMCL
$1.71B
| $254K | ﹤0.01% |
9,121
-7,464
| -45% | -$205K |
|
7518
Caesars Entertainment
CZR
$6.04B
| $253K | ﹤0.01% |
22,072
| – | – |
|
7519
ProShares Ultra MSCI EAFE
EFO
$29.9M
| $253K | ﹤0.01% |
8,967
-27,885
| -76% | -$725K |
|
7520
Farmers National Banc Corp
FMNB
$967M
| $253K | ﹤0.01% |
28,439
+15,864
| +126% | +$135K |
|
7521
PUT
Granite Construction
GVA
$5.56B
| $253K | ﹤0.01% |
5,300
-4,900
| -48% | -$199K |
|
7522
Seres Therapeutics
MCRB
$45.6M
| $253K | ﹤0.01% |
+476
| New | +$248K |
|
7523
PUT
Ooma
OOMA
$572M
| $253K | ﹤0.01% |
42,900
-14,400
| -25% | -$92K |
|
7524
Teekay Tankers
TNK
$2.94B
| $253K | ﹤0.01% |
8,620
-84,551
| -91% | -$2.92M |
|
7525
CALL
ReposiTrak
TRAK
$156M
| $253K | ﹤0.01% |
28,000
+9,700
| +53% | +$87.7K |
|
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.