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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.58B |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$244M |
| 4 |
Coca-Cola
KO
|
+$222M |
| 5 |
United States Oil Fund
USO
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$456M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$433M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$341M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$318M |
| 5 |
YHOO
Yahoo Inc
YHOO
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.95% |
| 2 | Financials | 1.86% |
| 3 | Consumer Discretionary | 1.84% |
| 4 | Healthcare | 1.45% |
| 5 | Energy | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
PUT
Cleveland-Cliffs
CLF
$6.99B
| $32M | 0.01% |
6,646,500
-3,557,300
| -35% | -$22.9M |
|
877
CALL
Estee Lauder
EL
$32B
| $31.9M | 0.01% |
383,800
-101,600
| -21% | -$8M |
|
878
PUT
Intercontinental Exchange
ICE
$84.4B
| $31.9M | 0.01% |
684,000
-623,500
| -48% | -$28.1M |
|
|
WWAV
879
CALL
DELISTED
The WhiteWave Foods Company
WWAV
| $31.9M | 0.01% |
719,400
+515,000
| +252% | +$19.7M |
|
880
CALL
Dollar General
DG
$27.9B
| $31.8M | 0.01% |
422,500
-1,705,500
| -80% | -$121M |
|
|
BBBY
881
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $31.8M | 0.01% |
414,000
+29,700
| +8% | +$2.25M |
|
882
Rio Tinto
RIO
$164B
| $31.7M | 0.01% |
766,657
+721,599
| +1,601% | +$32.6M |
|
|
EMES
883
CALL
DELISTED
Emerge Energy Services LP
EMES
| $31.7M | 0.01% |
667,700
-259,000
| -28% | -$13.6M |
|
884
CALL
Adobe
ADBE
$105B
| $31.6M | 0.01% |
427,100
-126,200
| -23% | -$9.41M |
|
|
ARMH
885
PUT
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $31.4M | 0.01% |
636,500
+103,800
| +19% | +$5.16M |
|
886
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $31.4M | 0.01% |
753,561
+221,863
| +42% | +$8.18M |
|
887
PUT
Accenture
ACN
$108B
| $31.3M | 0.01% |
334,600
+90,100
| +37% | +$8.04M |
|
888
Las Vegas Sands
LVS
$29.6B
| $31.3M | 0.01% |
569,549
-1,237,738
| -68% | -$69M |
|
889
Baxter International
BAX
$14.2B
| $31.2M | 0.01% |
839,535
+359,467
| +75% | +$13.6M |
|
890
CALL
Assured Guaranty
AGO
$3.34B
| $31.2M | 0.01% |
1,182,800
+90,100
| +8% | +$2.33M |
|
891
Molson Coors Class B
TAP
$8.09B
| $31.2M | 0.01% |
419,185
+329,924
| +370% | +$24.9M |
|
892
Herc Holdings
HRI
$5.61B
| $31.2M | 0.01% |
479,501
-60,547
| -11% | -$4.04M |
|
893
CALL
PVH
PVH
$4.04B
| $31.1M | 0.01% |
291,900
-16,800
| -5% | -$1.82M |
|
894
PUT
VanEck Semiconductor ETF
SMH
$71.8B
| $31M | 0.01% |
1,122,200
-302,000
| -21% | -$8.35M |
|
895
PUT
General Dynamics
GD
$106B
| $31M | 0.01% |
228,200
-133,300
| -37% | -$18.3M |
|
896
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $31M | 0.01% |
756,900
-327,900
| -30% | -$13.3M |
|
|
ADT
897
CALL
DELISTED
ADT Corp
ADT
| $30.9M | 0.01% |
745,000
+172,500
| +30% | +$6.47M |
|
898
CALL
Autodesk
ADSK
$52.6B
| $30.9M | 0.01% |
526,600
-352,300
| -40% | -$20.9M |
|
899
CALL
Alcoa
AA
$13.2B
| $30.9M | 0.01% |
994,465
-1,846,609
| -65% | -$66.3M |
|
900
PUT
United States Natural Gas Fund
UNG
$478M
| $30.8M | 0.01% |
145,563
-119,187
| -45% | -$27.2M |
|
Similar funds
Susquehanna International Group's Q1 2015 Portfolio in Review
As of Q1 2015, Susquehanna International Group held 10,735 positions worth $220B, down 13% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group withdrew a net $35.6B in Q1 2015, closing 1,393 positions and reducing 4,492 holdings. Its most notable exit was RF MICRO DEVICES INC, an estimated $38.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.5% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in AB InBev worth $97.4M.
- Susquehanna International Group's largest Q1 2015 buy was AB InBev: 798,828 shares worth $97.4M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $1.58B increase.
- Susquehanna International Group's biggest Q1 2015 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $456M.
- Susquehanna International Group fully exited RF MICRO DEVICES INC in Q1 2015, selling an estimated $38.3M.
- Susquehanna International Group's ten largest holdings make up 25% of its $220B portfolio in Q1 2015.
- Susquehanna International Group opened 1,178 new positions and closed 1,393 in Q1 2015.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $220B.
Based on Susquehanna International Group's 13F filing for Q1 2015, filed 15 May 2015.