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 | |
|---|---|---|---|---|---|---|
1001
CALL
Mercado Libre
MELI
$92.3B
| $27.1M | 0.01% |
220,900
+300
| +0.1% | +$37.9K |
|
1002
Newmont
NEM
$119B
| $27.1M | 0.01% |
1,246,070
-1,079,723
| -46% | -$25.2M |
|
|
EMES
1003
PUT
DELISTED
Emerge Energy Services LP
EMES
| $27M | 0.01% |
569,500
-242,200
| -30% | -$12.7M |
|
1004
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.31B
| $26.9M | 0.01% |
228,867
-816,600
| -78% | -$95.8M |
|
1005
CALL
Stratasys
SSYS
$774M
| $26.9M | 0.01% |
510,100
-117,900
| -19% | -$7.81M |
|
|
GAP
1006
PUT
The Gap Inc
GAP
$7.37B
| $26.9M | 0.01% |
621,300
-394,500
| -39% | -$16.4M |
|
1007
CALL
General Dynamics
GD
$106B
| $26.9M | 0.01% |
198,300
-145,100
| -42% | -$19.9M |
|
|
BBBY
1008
DELISTED
Bed Bath & Beyond Inc
BBBY
| $26.8M | 0.01% |
349,505
+13,581
| +4% | +$1.03M |
|
1009
CALL
Celldex Therapeutics
CLDX
$3.28B
| $26.8M | 0.01% |
64,053
+31,100
| +94% | +$11.1M |
|
1010
CALL
Agilent Technologies
A
$41.2B
| $26.7M | 0.01% |
643,700
-1,002,000
| -61% | -$40.5M |
|
1011
PUT
Zoetis
ZTS
$30B
| $26.7M | 0.01% |
577,400
+31,200
| +6% | +$1.41M |
|
1012
CALL
Crown Castle
CCI
$32.2B
| $26.7M | 0.01% |
323,700
-206,300
| -39% | -$17.6M |
|
|
OUTR
1013
PUT
DELISTED
OUTERWALL INC
OUTR
| $26.7M | 0.01% |
404,000
-62,900
| -13% | -$4.21M |
|
1014
PUT
Hartford Financial Services
HIG
$39.3B
| $26.7M | 0.01% |
638,400
-116,000
| -15% | -$4.75M |
|
1015
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $26.7M | 0.01% |
1,094,200
+50,200
| +5% | +$1.24M |
|
1016
PUT
Emerson Electric
EMR
$88.3B
| $26.6M | 0.01% |
470,600
+56,000
| +14% | +$3.25M |
|
|
RDS.B
1017
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $26.6M | 0.01% |
423,600
+197,300
| +87% | +$13M |
|
|
SCTY
1018
DELISTED
SolarCity Corporation
SCTY
| $26.5M | 0.01% |
516,501
-963,265
| -65% | -$49.5M |
|
1019
PUT
Dollar Tree
DLTR
$25.2B
| $26.4M | 0.01% |
325,700
+87,000
| +36% | +$6.6M |
|
1020
EOG Resources
EOG
$70.7B
| $26.3M | 0.01% |
287,185
-266,304
| -48% | -$24.1M |
|
1021
CALL
Invesco CurrencyShares Swiss Franc Trust
FXF
$398M
| $26.3M | 0.01% |
262,400
+252,200
| +2,473% | +$25.8M |
|
1022
PUT
Lennar Class A
LEN
$21.2B
| $26.2M | 0.01% |
531,689
-718,268
| -57% | -$32.7M |
|
1023
CALL
Digital Realty Trust
DLR
$71.7B
| $26.2M | 0.01% |
397,500
-105,800
| -21% | -$7.26M |
|
|
S
1024
DELISTED
Sprint Corporation
S
| $26.2M | 0.01% |
5,522,154
+1,911,502
| +53% | +$9.01M |
|
1025
CALL
United States Natural Gas Fund
UNG
$478M
| $26.1M | 0.01% |
123,181
-159,907
| -56% | -$36.5M |
|
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.