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 | |
|---|---|---|---|---|---|---|
826
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $25.6M | 0.01% |
586,713
-815,220
| -58% | -$36M |
|
827
PUT
Sarepta Therapeutics
SRPT
$1.77B
| $25.6M | 0.01% |
1,310,800
+6,500
| +0.5% | +$114K |
|
828
PUT
Baxter International
BAX
$14.2B
| $25.6M | 0.01% |
622,700
-468,900
| -43% | -$17.9M |
|
|
MJN
829
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $25.5M | 0.01% |
300,400
-86,500
| -22% | -$6.43M |
|
830
PUT
Travel + Leisure Co
TNL
$4.7B
| $25.5M | 0.01% |
739,146
+323,390
| +78% | +$10.3M |
|
831
PUT
Toyota
TM
$225B
| $25.5M | 0.01% |
239,400
-19,900
| -8% | -$2.2M |
|
832
PUT
Fluor
FLR
$7.96B
| $25.4M | 0.01% |
473,900
-94,500
| -17% | -$4.44M |
|
|
WES
833
CALL
DELISTED
Western Gas Partners Lp
WES
| $25.4M | 0.01% |
585,900
+422,600
| +259% | +$15.6M |
|
|
MMP
834
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $25.4M | 0.01% |
368,900
-69,700
| -16% | -$4.56M |
|
835
PUT
CarMax
KMX
$8.26B
| $25.4M | 0.01% |
496,100
+158,300
| +47% | +$7.47M |
|
836
PUT
Royal Bank of Canada
RY
$293B
| $25.3M | 0.01% |
440,100
-449,800
| -51% | -$23.3M |
|
837
Intuitive Surgical
ISRG
$134B
| $25.3M | 0.01% |
378,720
+326,754
| +629% | +$20.2M |
|
838
Illumina
ILMN
$28.4B
| $25.3M | 0.01% |
160,263
+152,230
| +1,895% | +$23.3M |
|
839
CALL
Cheniere Energy
LNG
$52.9B
| $25.2M | 0.01% |
746,200
-462,600
| -38% | -$15M |
|
|
SKX
840
PUT
DELISTED
Skechers
SKX
| $25.2M | 0.01% |
828,100
-538,100
| -39% | -$16.2M |
|
841
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.42B
| $25.2M | 0.01% |
1,016,100
-178,500
| -15% | -$3.92M |
|
842
CALL
Murphy Oil
MUR
$4.78B
| $25.1M | 0.01% |
997,900
+388,300
| +64% | +$7.78M |
|
843
HP
HPQ
$27.5B
| $25.1M | 0.01% |
2,040,194
-2,931,248
| -59% | -$31.3M |
|
844
CALL
W.W. Grainger
GWW
$60.2B
| $25M | 0.01% |
107,000
-18,600
| -15% | -$3.9M |
|
|
OUTR
845
CALL
DELISTED
OUTERWALL INC
OUTR
| $24.9M | 0.01% |
674,100
+231,000
| +52% | +$7.59M |
|
|
CBI
846
DELISTED
Chicago Bridge & Iron Nv
CBI
| $24.9M | 0.01% |
679,669
-579,338
| -46% | -$20.7M |
|
847
The Mosaic Company
MOS
$7.33B
| $24.9M | 0.01% |
921,059
+24,399
| +3% | +$637K |
|
848
PUT
Wheaton Precious Metals
WPM
$60.9B
| $24.9M | 0.01% |
1,499,800
+45,900
| +3% | +$665K |
|
849
PUT
POSCO
PKX
$17.5B
| $24.9M | 0.01% |
525,300
-45,700
| -8% | -$1.81M |
|
850
CALL
Ball Corp
BALL
$16.8B
| $24.9M | 0.01% |
697,400
-2,199,800
| -76% | -$75M |
|
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.