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 | |
|---|---|---|---|---|---|---|
8151
Daktronics
DAKT
$988M
| $157K | ﹤0.01% |
19,895
+6,899
| +53% | +$53K |
|
8152
PUT
Xencor
XNCR
$1.71B
| $157K | ﹤0.01% |
11,700
-7,900
| -40% | -$93.5K |
|
|
CLUB
8153
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $157K | ﹤0.01% |
54,726
+41,061
| +300% | +$59.5K |
|
|
CCC
8154
CALL
DELISTED
Calgon Carbon Corp
CCC
| $157K | ﹤0.01% |
+11,200
| New | +$171K |
|
|
XCO
8155
DELISTED
Exco Resources
XCO
| $157K | ﹤0.01% |
10,567
-802
| -7% | -$13.3K |
|
8156
CALL
Lipocine
LPCN
$17M
| $156K | ﹤0.01% |
906
+65
| +8% | +$11.1K |
|
|
SANW
8157
CALL
DELISTED
S&W Seed Co
SANW
| $156K | ﹤0.01% |
1,963
-300
| -13% | -$24.3K |
|
|
PRTY
8158
CALL
DELISTED
Party City Holdco Inc.
PRTY
| $156K | ﹤0.01% |
+10,400
| New | +$115K |
|
|
MTOR
8159
PUT
DELISTED
MERITOR, Inc.
MTOR
| $156K | ﹤0.01% |
+19,400
| New | +$141K |
|
|
CPXX
8160
PUT
DELISTED
CELATOR PHARMACEUTICALS INC. COMMON STOCK
CPXX
| $156K | ﹤0.01% |
+14,100
| New | +$46.2K |
|
8161
PUT
AngioDynamics
ANGO
$647M
| $155K | ﹤0.01% |
12,600
+2,300
| +22% | +$25.4K |
|
8162
PUT
Vishay Intertechnology
VSH
$5.11B
| $155K | ﹤0.01% |
12,700
-32,600
| -72% | -$375K |
|
|
INWK
8163
DELISTED
InnerWorkings, Inc.
INWK
| $155K | ﹤0.01% |
19,486
+5,681
| +41% | +$39.9K |
|
8164
Compañía de Minas Buenaventura
BVN
$8.55B
| $154K | ﹤0.01% |
20,938
-7,941
| -27% | -$40K |
|
8165
PUT
NeoGenomics
NEO
$2.11B
| $154K | ﹤0.01% |
22,900
+1,300
| +6% | +$8.55K |
|
|
SEM
8166
DELISTED
Select Medical
SEM
| $154K | ﹤0.01% |
24,189
-3,619
| -13% | -$19.4K |
|
|
AERI
8167
PUT
DELISTED
Aerie Pharmaceuticals
AERI
| $154K | ﹤0.01% |
12,700
-23,800
| -65% | -$377K |
|
|
JASO
8168
PUT
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $154K | ﹤0.01% |
17,900
-208,100
| -92% | -$1.83M |
|
|
AHGP
8169
DELISTED
Alliance Holdings GP
AHGP
| $154K | ﹤0.01% |
+10,560
| New | +$160K |
|
8170
Baytex Energy
BTE
$3B
| $153K | ﹤0.01% |
38,557
-82,963
| -68% | -$217K |
|
8171
PUT
Kodak
KODK
$978M
| $153K | ﹤0.01% |
14,100
-17,800
| -56% | -$174K |
|
8172
PUT
PDF Solutions
PDFS
$2.13B
| $153K | ﹤0.01% |
11,400
-2,300
| -17% | -$25.2K |
|
|
NYRT
8173
PUT
DELISTED
New York REIT, Inc.
NYRT
| $153K | ﹤0.01% |
1,510
-550
| -27% | -$55.3K |
|
8174
PUT
Clearway Energy Class C
CWEN
$7.02B
| $152K | ﹤0.01% |
10,700
-8,500
| -44% | -$112K |
|
|
GIFI
8175
PUT
DELISTED
Gulf Island Fabrication
GIFI
| $152K | ﹤0.01% |
19,400
-1,900
| -9% | -$16.6K |
|
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.