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 | |
|---|---|---|---|---|---|---|
776
PUT
iShares Silver Trust
SLV
$30.9B
| $28M | 0.01% |
1,905,000
+320,000
| +20% | +$4.54M |
|
|
BWLD
777
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $27.9M | 0.01% |
188,200
-103,200
| -35% | -$15.8M |
|
778
PUT
Ralph Lauren
RL
$23.6B
| $27.8M | 0.01% |
289,000
+28,600
| +11% | +$2.8M |
|
779
CALL
Deckers Outdoor
DECK
$13.3B
| $27.8M | 0.01% |
2,785,200
-31,200
| -1% | -$270K |
|
780
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.62B
| $27.8M | 0.01% |
820,400
-198,900
| -20% | -$6.18M |
|
|
AMJ
781
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $27.8M | 0.01% |
1,024,400
+18,100
| +2% | +$457K |
|
782
iShares Biotechnology ETF
IBB
$9.71B
| $27.5M | 0.01% |
316,890
+89,217
| +39% | +$7.98M |
|
|
P
783
PUT
Everpure Inc
P
$29.9B
| $27.5M | 0.01% |
2,012,100
+1,819,800
| +946% | +$24.2M |
|
784
CALL
F5
FFIV
$22.7B
| $27.5M | 0.01% |
259,700
-2,500
| -1% | -$240K |
|
785
CALL
Paychex
PAYX
$42.7B
| $27.5M | 0.01% |
508,600
+136,600
| +37% | +$6.88M |
|
|
FIT
786
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $27.3M | 0.01% |
1,801,100
-1,081,800
| -38% | -$17.2M |
|
787
CALL
Wolfspeed
WOLF
$1.71B
| $27.3M | 0.01% |
937,300
-462,400
| -33% | -$13.2M |
|
|
RDS.A
788
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $27.2M | 0.01% |
592,314
-71,174
| -11% | -$3.02M |
|
|
JCP
789
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $27.2M | 0.01% |
2,459,100
-1,016,100
| -29% | -$8.9M |
|
790
PUT
Northrop Grumman
NOC
$81.2B
| $27.2M | 0.01% |
137,200
-23,000
| -14% | -$4.34M |
|
791
PUT
Southwest Airlines
LUV
$23B
| $27.1M | 0.01% |
604,800
-443,400
| -42% | -$18M |
|
792
CALL
Veeva Systems
VEEV
$37.4B
| $27.1M | 0.01% |
1,081,900
+763,400
| +240% | +$18.7M |
|
|
CXO
793
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $27.1M | 0.01% |
268,100
-64,200
| -19% | -$5.9M |
|
|
WFM
794
CALL
DELISTED
Whole Foods Market Inc
WFM
| $27M | 0.01% |
868,200
-440,800
| -34% | -$13.8M |
|
|
K
795
CALL
DELISTED
Kellanova
K
| $26.9M | 0.01% |
374,454
-89,034
| -19% | -$6.15M |
|
796
CALL
Constellation Brands
STZ
$23.2B
| $26.9M | 0.01% |
178,100
+12,100
| +7% | +$1.75M |
|
797
ConocoPhillips
COP
$141B
| $26.8M | 0.01% |
666,531
+97,678
| +17% | +$3.71M |
|
798
CALL
Hewlett Packard
HPE
$70.5B
| $26.8M | 0.01% |
2,604,063
+727,451
| +39% | +$6.09M |
|
799
PUT
NVIDIA
NVDA
$5.42T
| $26.8M | 0.01% |
30,112,000
-19,928,000
| -40% | -$15.2M |
|
800
CALL
iShares MSCI Japan ETF
EWJ
$22.8B
| $26.8M | 0.01% |
577,025
-488,375
| -46% | -$22M |
|
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.