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 | |
|---|---|---|---|---|---|---|
1001
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$107M
| $19.6M | 0.01% |
29,670
-24,750
| -45% | -$15.6M |
|
|
MRO
1002
PUT
DELISTED
Marathon Oil Corporation
MRO
| $19.5M | 0.01% |
1,754,400
+1,035,600
| +144% | +$9.68M |
|
1003
CALL
Stanley Black & Decker
SWK
$15.7B
| $19.5M | 0.01% |
185,400
+54,500
| +42% | +$5.29M |
|
1004
PUT
ProShares UltraShort QQQ
QID
$247M
| $19.5M | 0.01% |
8,165
+5,789
| +244% | +$15.6M |
|
1005
iShares TIPS Bond ETF
TIP
$14.7B
| $19.5M | 0.01% |
169,920
+157,425
| +1,260% | +$17.6M |
|
|
MDVN
1006
CALL
DELISTED
MEDIVATION, INC.
MDVN
| $19.5M | 0.01% |
423,300
-202,000
| -32% | -$7.33M |
|
|
RSX
1007
CALL
DELISTED
VanEck Russia ETF
RSX
| $19.5M | 0.01% |
1,189,400
-442,600
| -27% | -$6.42M |
|
1008
CALL
Williams Companies
WMB
$86.1B
| $19.4M | 0.01% |
1,204,500
-1,868,500
| -61% | -$32.1M |
|
1009
Wynn Resorts
WYNN
$10.6B
| $19.3M | 0.01% |
207,053
-66,856
| -24% | -$4.94M |
|
|
P
1010
PUT
DELISTED
Pandora Media Inc
P
| $19.3M | 0.01% |
2,152,800
-5,133,200
| -70% | -$50.4M |
|
|
QUNR
1011
CALL
DELISTED
Qunar Cayman Islands Limited
QUNR
| $19.2M | 0.01% |
484,300
+5,700
| +1% | +$220K |
|
|
DNKN
1012
PUT
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $19.2M | 0.01% |
406,200
-40,400
| -9% | -$1.73M |
|
|
NBL
1013
CALL
DELISTED
Noble Energy, Inc.
NBL
| $19.1M | 0.01% |
609,500
+263,000
| +76% | +$8.04M |
|
1014
CALL
Eastman Chemical
EMN
$8.42B
| $19.1M | 0.01% |
265,000
+59,500
| +29% | +$3.9M |
|
1015
GoPro
GPRO
$126M
| $19M | 0.01% |
1,592,154
-459,782
| -22% | -$5.7M |
|
1016
CALL
Applied Materials
AMAT
$428B
| $19M | 0.01% |
898,000
-1,009,700
| -53% | -$18.4M |
|
|
IOC
1017
DELISTED
Interoil Corporation
IOC
| $19M | 0.01% |
597,243
-202,982
| -25% | -$5.71M |
|
1018
CALL
Abercrombie & Fitch
ANF
$5B
| $19M | 0.01% |
601,800
-519,200
| -46% | -$14.6M |
|
1019
CALL
Northrop Grumman
NOC
$81.2B
| $19M | 0.01% |
95,900
+5,700
| +6% | +$1.08M |
|
1020
CALL
TripAdvisor
TRIP
$1.26B
| $19M | 0.01% |
285,300
-352,300
| -55% | -$23.3M |
|
|
RAD
1021
DELISTED
Rite Aid Corporation
RAD
| $19M | 0.01% |
116,372
-85,385
| -42% | -$13.5M |
|
|
ESRX
1022
DELISTED
Express Scripts Holding Company
ESRX
| $19M | 0.01% |
276,006
+158,680
| +135% | +$11.4M |
|
1023
AT&T
T
$163B
| $19M | 0.01% |
640,770
-4,104,461
| -86% | -$114M |
|
1024
CALL
Packaging Corp of America
PKG
$22.8B
| $18.9M | 0.01% |
312,600
+116,300
| +59% | +$6.23M |
|
1025
PUT
W.W. Grainger
GWW
$60.2B
| $18.9M | 0.01% |
80,800
-6,000
| -7% | -$1.26M |
|
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.