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 | |
|---|---|---|---|---|---|---|
801
CALL
BioMarin Pharmaceuticals
BMRN
$12.4B
| $26.7M | 0.01% |
324,100
-348,100
| -52% | -$28.3M |
|
802
PUT
Rio Tinto
RIO
$164B
| $26.7M | 0.01% |
944,200
+264,600
| +39% | +$7.04M |
|
803
Vanguard FTSE Europe ETF
VGK
$31.1B
| $26.6M | 0.01% |
548,400
+433,376
| +377% | +$20.3M |
|
804
CALL
Kroger
KR
$34.8B
| $26.6M | 0.01% |
695,200
-80,400
| -10% | -$3.1M |
|
805
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $26.5M | 0.01% |
1,359,200
+465,300
| +52% | +$8.49M |
|
806
PUT
Harley-Davidson
HOG
$2.71B
| $26.5M | 0.01% |
516,600
-148,700
| -22% | -$6.49M |
|
|
MJN
807
DELISTED
Mead Johnson Nutrition Company
MJN
| $26.4M | 0.01% |
311,120
+83,383
| +37% | +$6.2M |
|
808
Energy Transfer Partners
ET
$69.3B
| $26.4M | 0.01% |
3,698,057
-218,650
| -6% | -$1.72M |
|
809
PUT
Abercrombie & Fitch
ANF
$5B
| $26.3M | 0.01% |
833,100
-1,111,200
| -57% | -$31.2M |
|
810
CALL
Zoetis
ZTS
$30B
| $26.3M | 0.01% |
592,700
+31,300
| +6% | +$1.33M |
|
811
PUT
VanEck Oil Services ETF
OIH
$1.84B
| $26.3M | 0.01% |
49,335
-52,355
| -51% | -$25.7M |
|
812
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $26.2M | 0.01% |
789,500
+443,700
| +128% | +$14.2M |
|
813
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.62B
| $26.2M | 0.01% |
774,600
+69,300
| +10% | +$2.15M |
|
814
CALL
Dollar General
DG
$27.9B
| $26.2M | 0.01% |
305,700
+13,600
| +5% | +$1.03M |
|
|
GG
815
DELISTED
Goldcorp Inc
GG
| $26.1M | 0.01% |
1,611,066
-913,364
| -36% | -$12.7M |
|
816
CALL
HP
HPQ
$27.5B
| $26.1M | 0.01% |
2,121,200
+71,000
| +3% | +$759K |
|
817
CALL
Royal Gold
RGLD
$19.5B
| $26.1M | 0.01% |
509,100
+440,600
| +643% | +$18M |
|
818
PUT
JD.com
JD
$44.5B
| $26M | 0.01% |
982,100
-590,900
| -38% | -$15.5M |
|
819
American International
AIG
$41.3B
| $26M | 0.01% |
481,245
-1,043,358
| -68% | -$56.4M |
|
820
Western Digital
WDC
$150B
| $26M | 0.01% |
727,829
-144,985
| -17% | -$5.19M |
|
821
PUT
Dollar Tree
DLTR
$25.2B
| $26M | 0.01% |
314,900
-193,300
| -38% | -$15.2M |
|
|
VIAB
822
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $25.9M | 0.01% |
627,400
+54,100
| +9% | +$2.15M |
|
823
CALL
Core Laboratories
CLB
$521M
| $25.9M | 0.01% |
230,300
-9,400
| -4% | -$977K |
|
824
PUT
ServiceNow
NOW
$129B
| $25.8M | 0.01% |
2,111,500
+29,500
| +1% | +$374K |
|
825
PUT
McKesson
MCK
$101B
| $25.8M | 0.01% |
164,100
-210,200
| -56% | -$34M |
|
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.