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 | |
|---|---|---|---|---|---|---|
|
DFRG
8101
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $167K | ﹤0.01% |
10,073
-25,874
| -72% | -$407K |
|
|
KEYW
8102
DELISTED
The KEYW Holding Corporation
KEYW
| $167K | ﹤0.01% |
25,106
-5,500
| -18% | -$30.4K |
|
|
EVEP
8103
DELISTED
EV Energy Partners, L.P.
EVEP
| $167K | ﹤0.01% |
86,211
+34,669
| +67% | +$74.9K |
|
|
NAME
8104
DELISTED
Rightside Group, Ltd.
NAME
| $167K | ﹤0.01% |
+20,760
| New | +$175K |
|
|
XUE
8105
PUT
DELISTED
XUEDA EDUCATION GROUP ADS REPTG 2 ORD SHS
XUE
| $167K | ﹤0.01% |
31,000
-12,100
| -28% | -$64.9K |
|
8106
CALL
Manchester United
MANU
$4.02B
| $166K | ﹤0.01% |
11,500
+700
| +6% | +$10.4K |
|
8107
CALL
NatWest
NWG
$76.9B
| $166K | ﹤0.01% |
24,143
-23,121
| -49% | -$175K |
|
8108
PUT
Old National Bancorp
ONB
$10.4B
| $166K | ﹤0.01% |
+13,600
| New | +$160K |
|
8109
Rockwell Medical
RMTI
$30.9M
| $166K | ﹤0.01% |
200
-2,916
| -94% | -$2.29M |
|
|
MTSN
8110
DELISTED
MATTSON TECHNOLOGY INC
MTSN
| $166K | ﹤0.01% |
45,338
+4,382
| +11% | +$15.5K |
|
8111
Cousins Properties
CUZ
$4.93B
| $165K | ﹤0.01% |
5,646
-11,264
| -67% | -$287K |
|
8112
Genie Energy
GNE
$386M
| $165K | ﹤0.01% |
21,671
-5,100
| -19% | -$43.9K |
|
8113
ImmunityBio
IBRX
$8.11B
| $165K | ﹤0.01% |
20,047
+8,906
| +80% | +$83.9K |
|
8114
Mitsubishi UFJ Financial
MUFG
$260B
| $165K | ﹤0.01% |
36,003
-173,267
| -83% | -$845K |
|
8115
PUT
American Superconductor
AMSC
$1.53B
| $164K | ﹤0.01% |
21,600
-22,500
| -51% | -$151K |
|
|
AVDL
8116
DELISTED
Avadel Pharmaceuticals
AVDL
| $164K | ﹤0.01% |
+14,829
| New | +$147K |
|
8117
Celestica
CLS
$43.8B
| $164K | ﹤0.01% |
14,903
-80,017
| -84% | -$809K |
|
8118
FreightCar America
RAIL
$243M
| $164K | ﹤0.01% |
10,540
-31,434
| -75% | -$543K |
|
|
AREX
8119
PUT
DELISTED
Approach Resources Inc.
AREX
| $164K | ﹤0.01% |
141,300
-142,200
| -50% | -$162K |
|
|
CIE
8120
PUT
DELISTED
Cobalt International Energy, Inc
CIE
| $164K | ﹤0.01% |
3,687
-31,480
| -90% | -$1.5M |
|
|
PFSW
8121
DELISTED
PFSweb, Inc.
PFSW
| $164K | ﹤0.01% |
+12,506
| New | +$155K |
|
8122
PUT
Central Garden & Pet Co
CENT
$2.78B
| $163K | ﹤0.01% |
12,500
-8,375
| -40% | -$94.9K |
|
8123
CALL
Cytosorbents Corp
CTSO
$22.8M
| $163K | ﹤0.01% |
41,500
-78,900
| -66% | -$342K |
|
8124
CALL
iShares MSCI Italy ETF
EWI
$1.08B
| $163K | ﹤0.01% |
6,700
-44,900
| -87% | -$1.08M |
|
8125
PUT
New York Times
NYT
$10.3B
| $163K | ﹤0.01% |
13,100
-9,900
| -43% | -$125K |
|
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.