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 | |
|---|---|---|---|---|---|---|
1251
ArcelorMittal
MT
$55.3B
| $14M | 0.01% |
1,016,894
+101,911
| +11% | +$984K |
|
|
SNDK
1252
DELISTED
SANDISK CORP
SNDK
| $14M | 0.01% |
183,645
-141,004
| -43% | -$10.2M |
|
1253
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $14M | 0.01% |
335,429
+324,652
| +3,012% | +$12.3M |
|
1254
CALL
Franklin Resources
BEN
$17.2B
| $13.9M | 0.01% |
357,000
-80,200
| -18% | -$2.84M |
|
1255
CALL
Pacira BioSciences
PCRX
$997M
| $13.9M | 0.01% |
263,000
+60,400
| +30% | +$3.53M |
|
1256
PUT
Check Point Software Technologies
CHKP
$13.1B
| $13.9M | 0.01% |
158,800
+5,300
| +3% | +$426K |
|
|
PF
1257
DELISTED
Pinnacle Foods, Inc.
PF
| $13.9M | 0.01% |
310,272
+265,977
| +600% | +$11.5M |
|
|
GAP
1258
CALL
The Gap Inc
GAP
$7.37B
| $13.9M | 0.01% |
471,300
-345,000
| -42% | -$9.06M |
|
1259
Coca-Cola Europacific Partners
CCEP
$47.9B
| $13.8M | 0.01% |
272,297
+23,401
| +9% | +$1.13M |
|
1260
CALL
Realty Income
O
$59.1B
| $13.8M | 0.01% |
227,659
+94,015
| +70% | +$5.23M |
|
|
NE
1261
PUT
DELISTED
Noble Corporation
NE
| $13.8M | 0.01% |
1,332,200
-561,100
| -30% | -$5.09M |
|
1262
PUT
Mercado Libre
MELI
$92.3B
| $13.8M | 0.01% |
116,800
-122,600
| -51% | -$12.7M |
|
1263
PUT
Teck Resources
TECK
$32.6B
| $13.7M | 0.01% |
1,805,400
-592,200
| -25% | -$3.2M |
|
1264
PUT
Ferrari
RACE
$72.5B
| $13.7M | 0.01% |
+329,300
| New | +$13.3M |
|
1265
PUT
Eaton
ETN
$174B
| $13.7M | 0.01% |
219,200
-50,800
| -19% | -$2.81M |
|
1266
Norfolk Southern
NSC
$75.1B
| $13.7M | 0.01% |
164,612
+82,568
| +101% | +$6.24M |
|
|
THS
1267
CALL
DELISTED
Treehouse Foods
THS
| $13.7M | 0.01% |
157,900
+81,100
| +106% | +$6.48M |
|
|
CIT
1268
CALL
DELISTED
CIT Group Inc.
CIT
| $13.7M | 0.01% |
441,000
+290,100
| +192% | +$9.14M |
|
1269
CALL
Unilever
UL
$136B
| $13.7M | 0.01% |
268,711
+81,422
| +43% | +$3.96M |
|
1270
PUT
Vipshop
VIPS
$7.53B
| $13.6M | 0.01% |
1,059,300
-365,300
| -26% | -$4.58M |
|
|
TTM
1271
PUT
DELISTED
Tata Motors Limited
TTM
| $13.6M | 0.01% |
467,300
+15,800
| +3% | +$399K |
|
1272
PUT
Flowers Foods
FLO
$1.57B
| $13.6M | 0.01% |
734,100
+379,700
| +107% | +$7.2M |
|
1273
Ralph Lauren
RL
$23.6B
| $13.6M | 0.01% |
140,763
+57,496
| +69% | +$5.64M |
|
1274
CALL
United Therapeutics
UTHR
$23.1B
| $13.6M | 0.01% |
121,600
+16,000
| +15% | +$2.02M |
|
1275
eBay
EBAY
$49.8B
| $13.5M | 0.01% |
567,361
+230,835
| +69% | +$5.62M |
|
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.