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 | |
|---|---|---|---|---|---|---|
1201
PUT
Nokia
NOK
$52.3B
| $14.7M | 0.01% |
2,492,800
+346,800
| +16% | +$2.22M |
|
1202
PUT
ProShares UltraShort Russell2000
TWM
$41.3M
| $14.7M | 0.01% |
18,995
+1,250
| +7% | +$1.14M |
|
1203
CALL
Liberty Global Class A
LBTYA
$3.6B
| $14.7M | 0.01% |
438,345
-82,397
| -16% | -$2.59M |
|
1204
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$531M
| $14.7M | 0.01% |
10,005
-3,910
| -28% | -$4.05M |
|
|
FTR
1205
CALL
DELISTED
Frontier Communications Corp.
FTR
| $14.7M | 0.01% |
175,173
+108,033
| +161% | +$7.86M |
|
1206
CALL
Masco
MAS
$15.3B
| $14.7M | 0.01% |
465,900
-14,300
| -3% | -$394K |
|
|
HBI
1207
CALL
DELISTED
Hanesbrands
HBI
| $14.7M | 0.01% |
517,000
+261,200
| +102% | +$7.47M |
|
|
1208
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$531M
| $14.6M | 0.01% |
9,945
-9,015
| -48% | -$9.33M |
|
1209
CALL
Lincoln National
LNC
$8.81B
| $14.6M | 0.01% |
372,400
+16,100
| +5% | +$629K |
|
|
SPLK
1210
PUT
DELISTED
Splunk Inc
SPLK
| $14.6M | 0.01% |
298,100
-200,900
| -40% | -$9.04M |
|
1211
Seagate
STX
$184B
| $14.6M | 0.01% |
422,722
-53,864
| -11% | -$1.74M |
|
|
PXD
1212
DELISTED
Pioneer Natural Resource Co.
PXD
| $14.5M | 0.01% |
103,173
-277,804
| -73% | -$34.4M |
|
1213
CALL
Suncor Energy
SU
$70.3B
| $14.5M | 0.01% |
521,100
-55,500
| -10% | -$1.34M |
|
1214
PUT
Royal Gold
RGLD
$19.5B
| $14.5M | 0.01% |
282,500
+12,300
| +5% | +$502K |
|
1215
PUT
Melco Resorts & Entertainment
MLCO
$2.14B
| $14.5M | 0.01% |
876,300
-672,400
| -43% | -$10.2M |
|
|
RDUS
1216
PUT
DELISTED
Radius Health, Inc.
RDUS
| $14.5M | 0.01% |
460,100
+268,600
| +140% | +$9.29M |
|
|
BBBY
1217
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $14.5M | 0.01% |
291,400
-14,100
| -5% | -$660K |
|
1218
iShares Core Universal USD Bond ETF
IUSB
$43.3B
| $14.5M | 0.01% |
284,200
+177,302
| +166% | +$8.89M |
|
1219
Palo Alto Networks
PANW
$297B
| $14.5M | 0.01% |
531,948
-172,992
| -25% | -$4.25M |
|
|
JOYY
1220
JOYY Inc
JOYY
$3.75B
| $14.4M | 0.01% |
234,021
-50,710
| -18% | -$2.86M |
|
1221
CALL
HF Sinclair
DINO
$14.5B
| $14.4M | 0.01% |
407,200
+26,500
| +7% | +$913K |
|
1222
PUT
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $14.4M | 0.01% |
368,400
-52,400
| -12% | -$2M |
|
|
KSU
1223
PUT
DELISTED
Kansas City Southern
KSU
| $14.4M | 0.01% |
168,100
-158,800
| -49% | -$12.4M |
|
|
LL
1224
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $14.3M | 0.01% |
1,093,000
-489,100
| -31% | -$6.16M |
|
1225
CALL
iShares Russell 1000 Value ETF
IWD
$83.9B
| $14.3M | 0.01% |
145,100
+90,200
| +164% | +$8.45M |
|
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.