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 | |
|---|---|---|---|---|---|---|
1226
3D Systems Corp
DDD
$610M
| $19.9M | 0.01% |
727,114
-1,430,049
| -66% | -$42.1M |
|
1227
CALL
Novartis
NVS
$297B
| $19.9M | 0.01% |
225,097
+151,553
| +206% | +$13.4M |
|
1228
CALL
Goodyear
GT
$1.75B
| $19.9M | 0.01% |
734,200
-730,500
| -50% | -$19.1M |
|
1229
Invesco CurrencyShares Swiss Franc Trust
FXF
$397M
| $19.8M | 0.01% |
197,266
+156,392
| +383% | +$16M |
|
1230
Herbalife
HLF
$1.22B
| $19.8M | 0.01% |
924,442
+732,570
| +382% | +$12.5M |
|
1231
PUT
Motorola Solutions
MSI
$76.7B
| $19.7M | 0.01% |
296,000
-50,700
| -15% | -$3.35M |
|
1232
AutoZone
AZO
$50.2B
| $19.7M | 0.01% |
28,836
-17,037
| -37% | -$10.7M |
|
1233
BioMarin Pharmaceuticals
BMRN
$13.2B
| $19.6M | 0.01% |
157,600
+116,980
| +288% | +$12.4M |
|
1234
CALL
NewMarket
NEU
$8.38B
| $19.6M | 0.01% |
41,100
+18,100
| +79% | +$8.17M |
|
|
DWA
1235
PUT
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $19.6M | 0.01% |
811,200
+335,500
| +71% | +$7.14M |
|
|
WCG
1236
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $19.6M | 0.01% |
214,500
+147,100
| +218% | +$12.3M |
|
1237
CALL
Dick's Sporting Goods
DKS
$19B
| $19.6M | 0.01% |
344,100
+87,800
| +34% | +$4.81M |
|
|
CTRX
1238
CALL
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $19.6M | 0.01% |
329,000
-41,800
| -11% | -$2.13M |
|
1239
Healthpeak Properties
DOC
$14.5B
| $19.6M | 0.01% |
497,714
+252,728
| +103% | +$10.1M |
|
1240
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $19.6M | 0.01% |
479,093
-2,058,576
| -81% | -$83.7M |
|
1241
CALL
Labcorp
LH
$26B
| $19.6M | 0.01% |
180,653
+77,639
| +75% | +$7.98M |
|
1242
PUT
Agilent Technologies
A
$41.8B
| $19.6M | 0.01% |
470,600
-200,900
| -30% | -$8.13M |
|
1243
PUT
PTC Therapeutics
PTCT
$6.14B
| $19.5M | 0.01% |
320,800
+288,800
| +903% | +$17.6M |
|
|
MW
1244
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $19.4M | 0.01% |
372,400
+147,700
| +66% | +$7.17M |
|
1245
Northrop Grumman
NOC
$82.4B
| $19.4M | 0.01% |
120,561
+29,291
| +32% | +$4.68M |
|
1246
PUT
Annaly Capital Management
NLY
$17.1B
| $19.3M | 0.01% |
463,425
-236,075
| -34% | -$10M |
|
1247
PUT
US Bancorp
USB
$99.8B
| $19.3M | 0.01% |
441,300
-330,300
| -43% | -$14.5M |
|
|
PPL
1248
CALL
PPL Corp
PPL
$26.4B
| $19.2M | 0.01% |
613,915
+62,594
| +11% | +$2.01M |
|
1249
CALL
Regions Financial
RF
$26.7B
| $19.2M | 0.01% |
2,036,700
+1,533,500
| +305% | +$14.5M |
|
1250
CALL
Invesco
IVZ
$14.1B
| $19.2M | 0.01% |
483,800
+270,500
| +127% | +$10.6M |
|
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.