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 | |
|---|---|---|---|---|---|---|
1176
United Airlines
UAL
$40.9B
| $21.2M | 0.01% |
315,063
-564,908
| -64% | -$38.3M |
|
1177
PUT
Vanguard Real Estate ETF
VNQ
$38.5B
| $21.2M | 0.01% |
251,300
-192,400
| -43% | -$16.3M |
|
1178
Corning
GLW
$139B
| $21.1M | 0.01% |
928,849
+56,517
| +6% | +$1.34M |
|
1179
Cigna
CI
$73.5B
| $21M | 0.01% |
162,445
+49,443
| +44% | +$5.75M |
|
1180
CALL
State Street
STT
$51B
| $21M | 0.01% |
285,600
+46,300
| +19% | +$3.47M |
|
|
LFC
1181
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $21M | 0.01% |
953,100
+489,600
| +106% | +$9.99M |
|
1182
CALL
Toll Brothers
TOL
$14B
| $21M | 0.01% |
533,100
-349,600
| -40% | -$12.8M |
|
1183
CALL
Gogo Inc
GOGO
$463M
| $20.9M | 0.01% |
1,099,000
+611,800
| +126% | +$10.4M |
|
1184
PUT
Kohl's
KSS
$2.18B
| $20.9M | 0.01% |
267,600
-44,900
| -14% | -$3.06M |
|
1185
PUT
Fidelity National Financial
FNF
$13.1B
| $20.9M | 0.01% |
819,300
+707,525
| +633% | +$17.8M |
|
|
TSRO
1186
CALL
DELISTED
TESARO, Inc.
TSRO
| $20.9M | 0.01% |
364,200
+346,800
| +1,993% | +$16.3M |
|
|
XLNX
1187
DELISTED
Xilinx Inc
XLNX
| $20.8M | 0.01% |
492,289
+404,449
| +460% | +$16.6M |
|
|
TRW
1188
PUT
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $20.8M | 0.01% |
198,100
-17,200
| -8% | -$1.79M |
|
|
OKS
1189
CALL
DELISTED
Oneok Partners LP
OKS
| $20.8M | 0.01% |
508,500
+388,200
| +323% | +$16.2M |
|
1190
CALL
Royal Gold
RGLD
$19.8B
| $20.7M | 0.01% |
327,900
-325,400
| -50% | -$22.4M |
|
|
ETP
1191
DELISTED
Energy Transfer Partners L.p.
ETP
| $20.7M | 0.01% |
371,019
+97,846
| +36% | +$5.8M |
|
|
TPCO
1192
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $20.7M | 0.01% |
1,066,050
-14,047
| -1% | -$284K |
|
1193
Workday
WDAY
$45.4B
| $20.7M | 0.01% |
244,807
+58,002
| +31% | +$4.9M |
|
1194
PUT
Copa Holdings
CPA
$5.65B
| $20.7M | 0.01% |
204,600
-72,000
| -26% | -$7.81M |
|
|
ONIT
1195
PUT
Onity Group
ONIT
$331M
| $20.7M | 0.01% |
166,920
+14,560
| +10% | +$1.95M |
|
1196
PUT
Cirrus Logic
CRUS
$6.13B
| $20.6M | 0.01% |
620,000
-305,300
| -33% | -$8.86M |
|
1197
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $20.6M | 0.01% |
422,812
-344,924
| -45% | -$16.9M |
|
|
SHPG
1198
DELISTED
Shire pic
SHPG
| $20.6M | 0.01% |
86,096
-470,116
| -85% | -$108M |
|
1199
PUT
Puma Biotechnology
PBYI
$452M
| $20.6M | 0.01% |
87,100
-91,100
| -51% | -$19.5M |
|
1200
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $20.5M | 0.01% |
901,201
-470,787
| -34% | -$11M |
|
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.