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 | |
|---|---|---|---|---|---|---|
951
PUT
Markel Group
MKL
$23.2B
| $21.1M | 0.01% |
23,700
+2,200
| +10% | +$1.89M |
|
|
PARA
952
DELISTED
Paramount Global Class B
PARA
| $21.1M | 0.01% |
383,372
-348,321
| -48% | -$17M |
|
953
CALL
Labcorp
LH
$25.9B
| $21.1M | 0.01% |
209,753
+180,420
| +615% | +$17.3M |
|
954
D.R. Horton
DHI
$42.3B
| $21.1M | 0.01% |
698,012
-32,222
| -4% | -$885K |
|
955
CALL
HSBC
HSBC
$356B
| $21.1M | 0.01% |
760,071
+335,029
| +79% | +$9.91M |
|
956
PUT
Opko Health
OPK
$1.02B
| $21.1M | 0.01% |
2,028,200
-336,000
| -14% | -$3.07M |
|
957
CALL
Molson Coors Class B
TAP
$8.09B
| $21.1M | 0.01% |
218,900
-764,800
| -78% | -$68.2M |
|
958
PUT
Polaris
PII
$4.07B
| $21M | 0.01% |
213,400
-60,900
| -22% | -$5.28M |
|
959
Invesco CurrencyShares Japanese Yen Trust
FXY
$431M
| $20.9M | 0.01% |
243,545
-329,569
| -58% | -$27.7M |
|
960
CALL
Weyerhaeuser
WY
$18.4B
| $20.9M | 0.01% |
674,300
+218,400
| +48% | +$5.83M |
|
961
CALL
Nordic American Tanker
NAT
$1.37B
| $20.9M | 0.01% |
1,494,058
+1,286,007
| +618% | +$17.1M |
|
962
PUT
Emerson Electric
EMR
$88.3B
| $20.9M | 0.01% |
383,800
-41,100
| -10% | -$1.98M |
|
963
CALL
MPLX
MPLX
$59.7B
| $20.8M | 0.01% |
702,100
-1,053,500
| -60% | -$28.6M |
|
964
CALL
Intuit
INTU
$89B
| $20.8M | 0.01% |
200,400
-82,000
| -29% | -$7.92M |
|
|
DATA
965
CALL
DELISTED
Tableau Software, Inc.
DATA
| $20.8M | 0.01% |
453,400
+2,300
| +0.5% | +$133K |
|
966
PUT
Arista Networks
ANET
$238B
| $20.8M | 0.01% |
5,265,600
+1,004,800
| +24% | +$3.93M |
|
967
ICICI Bank
IBN
$108B
| $20.7M | 0.01% |
3,186,856
-435,983
| -12% | -$2.56M |
|
968
CALL
Dominion Energy
D
$59.3B
| $20.7M | 0.01% |
276,100
+11,500
| +4% | +$814K |
|
|
VAL
969
PUT
DELISTED
Valspar
VAL
| $20.7M | 0.01% |
193,200
+176,600
| +1,064% | +$14.6M |
|
970
CALL
Hasbro
HAS
$13.2B
| $20.7M | 0.01% |
258,100
-58,300
| -18% | -$4.33M |
|
|
ENDP
971
PUT
DELISTED
Endo International plc
ENDP
| $20.7M | 0.01% |
734,200
+403,000
| +122% | +$19M |
|
972
PUT
ProShares Ultra S&P500
SSO
$8.41B
| $20.6M | 0.01% |
2,588,000
+143,200
| +6% | +$1.03M |
|
|
GWPH
973
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $20.6M | 0.01% |
285,700
-26,100
| -8% | -$1.43M |
|
974
AutoZone
AZO
$51.1B
| $20.6M | 0.01% |
25,824
-56,491
| -69% | -$42.7M |
|
975
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $20.4M | 0.01% |
244,000
-207,900
| -46% | -$16.2M |
|
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.