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 | |
|---|---|---|---|---|---|---|
1226
Toyota
TM
$225B
| $14.3M | 0.01% |
134,769
+49,488
| +58% | +$5.47M |
|
1227
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $14.3M | 0.01% |
+178,974
| New | +$14.2M |
|
|
CTRA
1228
CALL
DELISTED
Coterra Energy
CTRA
| $14.3M | 0.01% |
630,500
-203,400
| -24% | -$4.08M |
|
1229
BioMarin Pharmaceuticals
BMRN
$12.4B
| $14.3M | 0.01% |
173,398
+74,518
| +75% | +$6.06M |
|
|
WWAV
1230
PUT
DELISTED
The WhiteWave Foods Company
WWAV
| $14.3M | 0.01% |
351,300
-347,300
| -50% | -$13.2M |
|
|
SLCA
1231
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $14.3M | 0.01% |
627,900
-443,100
| -41% | -$8.22M |
|
1232
PUT
Deutsche Bank
DB
$71.5B
| $14.2M | 0.01% |
935,312
+187,264
| +25% | +$3.14M |
|
1233
CALL
Dillards
DDS
$9.56B
| $14.2M | 0.01% |
167,500
+26,200
| +19% | +$1.96M |
|
|
SAFM
1234
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $14.2M | 0.01% |
157,600
+121,300
| +334% | +$10.2M |
|
1235
PUT
Darden Restaurants
DRI
$24.4B
| $14.2M | 0.01% |
214,200
-168,800
| -44% | -$10.7M |
|
1236
CALL
Align Technology
ALGN
$12.3B
| $14.2M | 0.01% |
195,300
+113,500
| +139% | +$7.43M |
|
1237
CALL
Manhattan Associates
MANH
$11.4B
| $14.1M | 0.01% |
248,700
+138,800
| +126% | +$7.72M |
|
1238
PUT
Fastenal
FAST
$59.5B
| $14.1M | 0.01% |
1,152,400
+296,400
| +35% | +$3.22M |
|
|
JNPR
1239
PUT
DELISTED
Juniper Networks
JNPR
| $14.1M | 0.01% |
552,500
-256,400
| -32% | -$6.41M |
|
1240
CALL
PACCAR
PCAR
$70.1B
| $14.1M | 0.01% |
386,550
+213,750
| +124% | +$7.16M |
|
1241
PUT
Diamondback Energy
FANG
$52.7B
| $14.1M | 0.01% |
182,500
-81,500
| -31% | -$5.75M |
|
|
MXIM
1242
CALL
DELISTED
Maxim Integrated Products
MXIM
| $14.1M | 0.01% |
382,900
-180,800
| -32% | -$6.07M |
|
1243
PUT
Clorox
CLX
$12.7B
| $14.1M | 0.01% |
111,700
-132,100
| -54% | -$16.8M |
|
1244
PUT
ProShares UltraPro Short Dow 30
SDOW
$183M
| $14.1M | 0.01% |
3,457
+234
| +7% | +$1.18M |
|
1245
CALL
Goodyear
GT
$1.85B
| $14M | 0.01% |
424,700
-638,300
| -60% | -$19.2M |
|
|
TRCO
1246
CALL
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $14M | 0.01% |
365,200
+100,500
| +38% | +$3.39M |
|
1247
PUT
Intuit
INTU
$89B
| $14M | 0.01% |
134,600
-17,300
| -11% | -$1.67M |
|
1248
CALL
Zillow
Z
$7.56B
| $14M | 0.01% |
589,800
+136,900
| +30% | +$2.86M |
|
1249
CALL
AstraZeneca
AZN
$250B
| $14M | 0.01% |
248,350
-24,750
| -9% | -$1.49M |
|
1250
PUT
Franklin Resources
BEN
$17.2B
| $14M | 0.01% |
358,100
-98,200
| -22% | -$3.47M |
|
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.