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 | |
|---|---|---|---|---|---|---|
8126
PUT
Oaktree Specialty Lending
OCSL
$1.15B
| $163K | ﹤0.01% |
10,800
-4,600
| -30% | -$72K |
|
|
AGEN
8127
PUT
Agenus
AGEN
$315M
| $162K | ﹤0.01% |
1,987
+703
| +55% | +$47.4K |
|
8128
LSB Industries
LXU
$711M
| $162K | ﹤0.01% |
16,501
-76,661
| -82% | -$444K |
|
8129
CALL
USA Compression Partners
USAC
$3.78B
| $162K | ﹤0.01% |
13,800
-13,300
| -49% | -$130K |
|
|
HIL
8130
DELISTED
Hill International, Inc. Common Stock
HIL
| $162K | ﹤0.01% |
48,104
-58,777
| -55% | -$191K |
|
8131
PUT
Costamare
CMRE
$1.74B
| $161K | ﹤0.01% |
18,100
-26,100
| -59% | -$204K |
|
8132
CTS Corp
CTS
$1.79B
| $161K | ﹤0.01% |
10,240
-21,443
| -68% | -$321K |
|
8133
Diamondrock Hospitality Co
DRH
$2.51B
| $161K | ﹤0.01% |
15,863
-206,378
| -93% | -$1.83M |
|
8134
Fortuna Silver Mines
FSM
$3.1B
| $161K | ﹤0.01% |
41,354
+17,173
| +71% | +$54.7K |
|
|
MATR
8135
DELISTED
Mattersight Corp.
MATR
| $161K | ﹤0.01% |
40,211
-8,996
| -18% | -$43.5K |
|
|
TCF
8136
CALL
DELISTED
TCF Financial Corporation
TCF
| $161K | ﹤0.01% |
13,100
-6,500
| -33% | -$78K |
|
8137
CALL
Ericsson
ERIC
$33.6B
| $160K | ﹤0.01% |
16,000
-29,400
| -65% | -$271K |
|
8138
Karyopharm Therapeutics
KPTI
$45.1M
| $160K | ﹤0.01% |
1,195
-917
| -43% | -$101K |
|
|
PDLI
8139
DELISTED
PDL BioPharma, Inc.
PDLI
| $160K | ﹤0.01% |
47,941
-58,593
| -55% | -$183K |
|
8140
CALL
Medallion Financial
MFIN
$262M
| $159K | ﹤0.01% |
17,200
-6,100
| -26% | -$46.6K |
|
8141
CALL
OFG Bancorp
OFG
$2.26B
| $159K | ﹤0.01% |
22,800
-15,500
| -40% | -$94.7K |
|
8142
CPI Card Group
PMTS
$334M
| $159K | ﹤0.01% |
3,868
-9,615
| -71% | -$401K |
|
|
CSII
8143
DELISTED
Cardiovascular Systems, Inc.
CSII
| $159K | ﹤0.01% |
15,317
-9,534
| -38% | -$96.5K |
|
|
CARB
8144
PUT
DELISTED
Carbonite Inc
CARB
| $159K | ﹤0.01% |
20,000
| – | – |
|
|
DEST
8145
PUT
DELISTED
Destination Maternity Corporation
DEST
| $159K | ﹤0.01% |
+23,200
| New | +$174K |
|
|
ADVM
8146
CALL
DELISTED
Adverum Biotechnologies
ADVM
| $158K | ﹤0.01% |
3,060
+640
| +26% | +$35.7K |
|
8147
KRONOS Worldwide
KRO
$996M
| $158K | ﹤0.01% |
27,600
-119,582
| -81% | -$623K |
|
|
VRN
8148
PUT
DELISTED
Veren
VRN
| $158K | ﹤0.01% |
+11,400
| New | +$132K |
|
|
ZAGG
8149
CALL
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $158K | ﹤0.01% |
17,500
-19,800
| -53% | -$189K |
|
|
RKUS
8150
CALL
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $158K | ﹤0.01% |
16,100
+2,900
| +22% | +$26.8K |
|
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.