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 | |
|---|---|---|---|---|---|---|
1126
PUT
Golar LNG
GLNG
$5.13B
| $16.4M | 0.01% |
912,400
-107,900
| -11% | -$1.84M |
|
1127
CALL
Opko Health
OPK
$1.02B
| $16.3M | 0.01% |
1,572,400
+110,500
| +8% | +$1.01M |
|
1128
CALL
Cracker Barrel
CBRL
$1.29B
| $16.3M | 0.01% |
106,700
-89,100
| -46% | -$12.3M |
|
1129
PUT
Stratasys
SSYS
$774M
| $16.2M | 0.01% |
625,300
-93,500
| -13% | -$1.91M |
|
|
KSU
1130
CALL
DELISTED
Kansas City Southern
KSU
| $16.2M | 0.01% |
189,100
+80,200
| +74% | +$6.26M |
|
1131
3M
MMM
$94.3B
| $16.1M | 0.01% |
115,213
-234,820
| -67% | -$30.2M |
|
1132
CALL
NetEase
NTES
$84.7B
| $16M | 0.01% |
557,500
-517,000
| -48% | -$15.5M |
|
|
DRII
1133
PUT
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $16M | 0.01% |
658,600
+624,100
| +1,809% | +$13.3M |
|
|
MDVN
1134
DELISTED
MEDIVATION, INC.
MDVN
| $16M | 0.01% |
347,621
-191,932
| -36% | -$6.96M |
|
1135
CALL
Canadian Natural Resources
CNQ
$93.8B
| $16M | 0.01% |
1,224,166
-671,863
| -35% | -$7.16M |
|
1136
CALL
ProShares UltraShort Energy
DUG
$21.1M
| $16M | 0.01% |
13,015
+8,345
| +179% | +$12.3M |
|
1137
Marathon Petroleum
MPC
$83.7B
| $16M | 0.01% |
429,395
+126,618
| +42% | +$4.81M |
|
1138
PUT
HF Sinclair
DINO
$14.5B
| $16M | 0.01% |
451,900
-37,900
| -8% | -$1.31M |
|
1139
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $15.9M | 0.01% |
308,653
-32,672
| -10% | -$1.7M |
|
1140
PUT
Ziff Davis
ZD
$1.98B
| $15.9M | 0.01% |
297,390
+288,420
| +3,215% | +$17.5M |
|
1141
CALL
Ventas
VTR
$47.9B
| $15.9M | 0.01% |
252,800
+197,300
| +355% | +$11.1M |
|
1142
HSBC
HSBC
$356B
| $15.9M | 0.01% |
573,703
+57,604
| +11% | +$1.7M |
|
1143
PUT
Agnico Eagle Mines
AEM
$90.5B
| $15.9M | 0.01% |
439,700
+34,900
| +9% | +$1.15M |
|
|
1144
NetEase
NTES
$84.7B
| $15.9M | 0.01% |
553,580
+151,820
| +38% | +$4.55M |
|
1145
Northrop Grumman
NOC
$81.2B
| $15.9M | 0.01% |
80,308
+53,899
| +204% | +$10.2M |
|
1146
iShares Russell 1000 Value ETF
IWD
$83.9B
| $15.9M | 0.01% |
+160,837
| New | +$15.1M |
|
|
GOLD
1147
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $15.9M | 0.01% |
175,000
-24,613
| -12% | -$1.98M |
|
|
CERN
1148
CALL
DELISTED
Cerner Corp
CERN
| $15.9M | 0.01% |
300,000
+72,600
| +32% | +$3.95M |
|
1149
CALL
Analog Devices
ADI
$190B
| $15.9M | 0.01% |
268,300
-10,100
| -4% | -$539K |
|
|
ADT
1150
PUT
DELISTED
ADT Corp
ADT
| $15.9M | 0.01% |
384,800
+164,200
| +74% | +$5.76M |
|
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.