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 |
Apple
AAPL
|
+$940M |
| 2 |
SPDR Gold Trust
GLD
|
+$375M |
| 3 |
Citigroup
C
|
+$202M |
| 4 |
Gilead Sciences
GILD
|
+$150M |
| 5 |
Macy's
M
|
+$81.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.28B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$700M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$500M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$396M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.73% |
| 2 | Financials | 1.41% |
| 3 | Consumer Discretionary | 0.85% |
| 4 | Healthcare | 0.84% |
| 5 | Energy | 0.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
United States Oil Fund
USO
$1.81B
| $369M | 0.2% |
3,989,938
+1,252,338
| +46% | +$112M |
|
77
PUT
Microsoft
MSFT
$3.66T
| $369M | 0.2% |
7,204,400
-2,118,000
| -23% | -$110M |
|
78
PUT
iShares Biotechnology ETF
IBB
$9.39B
| $365M | 0.2% |
4,249,500
+702,900
| +20% | +$63.1M |
|
79
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.63B
| $359M | 0.19% |
2,580,250
+1,647,450
| +177% | +$226M |
|
80
CALL
Comcast
CMCSA
$88.5B
| $359M | 0.19% |
11,016,200
+933,200
| +9% | +$29M |
|
81
CALL
Walmart Inc
WMT
$888B
| $358M | 0.19% |
14,727,000
+7,557,000
| +105% | +$175M |
|
82
CALL
Chipotle Mexican Grill
CMG
$42.8B
| $358M | 0.19% |
44,435,000
+2,125,000
| +5% | +$18.5M |
|
83
CALL
iShares China Large-Cap ETF
FXI
$4.33B
| $357M | 0.19% |
10,438,700
-5,311,400
| -34% | -$176M |
|
84
CALL
Chevron
CVX
$379B
| $355M | 0.19% |
3,387,100
-962,500
| -22% | -$96.8M |
|
85
CALL
Berkshire Hathaway Class B
BRK.B
$1.12T
| $354M | 0.19% |
2,444,500
-1,079,600
| -31% | -$154M |
|
|
86
PUT
Chevron
CVX
$379B
| $352M | 0.19% |
3,355,300
-708,100
| -17% | -$71.2M |
|
|
VXX
87
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $347M | 0.19% |
1,570,731
+743,225
| +90% | +$185M |
|
|
MON
88
CALL
DELISTED
Monsanto Co
MON
| $343M | 0.18% |
3,315,400
+1,452,900
| +78% | +$144M |
|
89
PUT
Boeing
BA
$187B
| $341M | 0.18% |
2,626,100
-1,181,800
| -31% | -$154M |
|
|
90
Gilead Sciences
GILD
$168B
| $338M | 0.18% |
4,051,228
+1,691,816
| +72% | +$150M |
|
91
CALL
Amgen
AMGN
$210B
| $338M | 0.18% |
2,221,100
+409,400
| +23% | +$63.7M |
|
|
QIHU
92
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $335M | 0.18% |
4,585,500
+687,000
| +18% | +$50.8M |
|
93
PUT
AT&T
T
$160B
| $333M | 0.18% |
10,200,493
-1,962,168
| -16% | -$58.4M |
|
94
CALL
Goldman Sachs
GS
$311B
| $314M | 0.17% |
2,116,300
+858,000
| +68% | +$134M |
|
95
PUT
Verizon
VZ
$195B
| $313M | 0.17% |
5,601,400
+1,098,400
| +24% | +$57M |
|
|
96
PUT
Berkshire Hathaway Class B
BRK.B
$1.12T
| $309M | 0.17% |
2,136,700
-94,600
| -4% | -$13.5M |
|
97
CALL
VanEck Gold Miners ETF
GDX
$23.8B
| $306M | 0.16% |
11,034,400
+1,139,700
| +12% | +$27.4M |
|
98
CALL
Wells Fargo
WFC
$267B
| $301M | 0.16% |
6,350,400
-84,600
| -1% | -$4.12M |
|
99
CALL
Intel
INTC
$509B
| $298M | 0.16% |
9,085,800
-253,100
| -3% | -$7.93M |
|
|
100
PUT
VanEck Gold Miners ETF
GDX
$23.8B
| $296M | 0.16% |
10,668,700
-2,543,300
| -19% | -$61M |
|
Similar funds
Susquehanna International Group's Q2 2016 Portfolio in Review
As of Q2 2016, Susquehanna International Group held 10,185 positions worth $187B, down 0.75% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Susquehanna International Group's largest Q2 2016 buy was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M.
- Susquehanna International Group added most to Apple in Q2 2016, an estimated $940M increase.
- Susquehanna International Group's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $7.28B.
- Susquehanna International Group fully exited iShares MSCI Emerging Markets ETF in Q2 2016, selling an estimated $700M.
- Susquehanna International Group's ten largest holdings make up 24% of its $187B portfolio in Q2 2016.
- Susquehanna International Group opened 1,269 new positions and closed 1,718 in Q2 2016.
- Susquehanna International Group's portfolio value fell 0.75% quarter-over-quarter to $187B.
Based on Susquehanna International Group's 13F filing for Q2 2016, filed 15 Aug 2016.