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 | |
|---|---|---|---|---|---|---|
901
PUT
Yelp
YELP
$1.41B
| $23M | 0.01% |
1,158,200
-1,089,900
| -48% | -$22.3M |
|
902
CALL
Vertex Pharmaceuticals
VRTX
$126B
| $23M | 0.01% |
289,400
-18,200
| -6% | -$1.65M |
|
903
CALL
GoPro
GPRO
$126M
| $23M | 0.01% |
1,921,900
-945,000
| -33% | -$11.7M |
|
904
PUT
CME Group
CME
$94.8B
| $23M | 0.01% |
239,200
-264,000
| -52% | -$24M |
|
905
PUT
VanEck Semiconductor ETF
SMH
$71.8B
| $22.9M | 0.01% |
832,800
-138,800
| -14% | -$3.5M |
|
906
PUT
Lumen
LUMN
$6.44B
| $22.9M | 0.01% |
715,900
-140,400
| -16% | -$3.94M |
|
907
PUT
Royal Caribbean
RCL
$85.6B
| $22.8M | 0.01% |
277,400
-130,200
| -32% | -$10.2M |
|
908
CALL
Jazz Pharmaceuticals
JAZZ
$16.7B
| $22.8M | 0.01% |
174,400
-61,800
| -26% | -$7.69M |
|
909
Outfront Media
OUT
$5.5B
| $22.7M | 0.01% |
1,094,620
-39,701
| -3% | -$806K |
|
|
SHPG
910
DELISTED
Shire pic
SHPG
| $22.7M | 0.01% |
131,835
+111,977
| +564% | +$18.8M |
|
911
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $22.6M | 0.01% |
571,154
+62,584
| +12% | +$2.33M |
|
|
BSCG
912
DELISTED
Guggenheim BulletShares 2016 Corporate Bond ETF
BSCG
| $22.6M | 0.01% |
1,023,114
+887,414
| +654% | +$19.6M |
|
|
913
PUT
Vertex Pharmaceuticals
VRTX
$126B
| $22.6M | 0.01% |
283,900
-39,600
| -12% | -$3.58M |
|
|
AGU
914
CALL
DELISTED
Agrium
AGU
| $22.5M | 0.01% |
255,100
-102,100
| -29% | -$8.82M |
|
915
CALL
Chubb
CB
$135B
| $22.5M | 0.01% |
189,000
-116,300
| -38% | -$13.4M |
|
|
GAP
916
PUT
The Gap Inc
GAP
$7.37B
| $22.5M | 0.01% |
765,800
-92,700
| -11% | -$2.44M |
|
917
CALL
PPG Industries
PPG
$26.6B
| $22.5M | 0.01% |
201,900
-78,400
| -28% | -$7.71M |
|
918
CALL
Universal Display
OLED
$4.19B
| $22.5M | 0.01% |
415,000
+240,400
| +138% | +$11.7M |
|
|
CTRA
919
PUT
DELISTED
Coterra Energy
CTRA
| $22.4M | 0.01% |
988,400
+329,900
| +50% | +$6.62M |
|
920
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.57B
| $22.4M | 0.01% |
595,900
-1,006,200
| -63% | -$37M |
|
921
CALL
Royal Bank of Canada
RY
$293B
| $22.4M | 0.01% |
389,300
+29,800
| +8% | +$1.54M |
|
922
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $22.3M | 0.01% |
671,692
+564,752
| +528% | +$18.1M |
|
923
APA Corp
APA
$13.2B
| $22.3M | 0.01% |
457,183
-128,493
| -22% | -$5.34M |
|
924
CALL
TotalEnergies
TTE
$190B
| $22.3M | 0.01% |
297,996,326,263
+88,620,958,257
| +42% | +$8.86M |
|
925
PUT
O'Reilly Automotive
ORLY
$76.3B
| $22.2M | 0.01% |
1,218,000
-115,500
| -9% | -$1.97M |
|
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.