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 | |
|---|---|---|---|---|---|---|
1301
CALL
Fortinet
FTNT
$122B
| $13.1M | 0.01% |
2,140,000
-1,052,500
| -33% | -$5.81M |
|
1302
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$422M
| $13.1M | 0.01% |
117,560
+50,792
| +76% | +$5.5M |
|
1303
PUT
National Healthcare
NHC
$3.42B
| $13.1M | 0.01% |
209,700
+155,800
| +289% | +$9.7M |
|
|
GGP
1304
PUT
DELISTED
GGP Inc.
GGP
| $13.1M | 0.01% |
439,400
+135,400
| +45% | +$3.72M |
|
1305
Home Depot
HD
$349B
| $13M | 0.01% |
97,788
-70,320
| -42% | -$8.76M |
|
1306
CALL
VeriSign
VRSN
$26.7B
| $13M | 0.01% |
147,100
-105,600
| -42% | -$8.63M |
|
1307
PUT
Eastman Chemical
EMN
$8.29B
| $13M | 0.01% |
180,100
+20,300
| +13% | +$1.33M |
|
1308
PUT
Methanex
MEOH
$4.24B
| $13M | 0.01% |
404,600
+84,200
| +26% | +$2.5M |
|
1309
CALL
Strategy Inc
MSTR
$37.8B
| $13M | 0.01% |
723,000
-596,000
| -45% | -$9.65M |
|
1310
CALL
Vale
VALE
$63.1B
| $13M | 0.01% |
3,084,400
-3,550,500
| -54% | -$11M |
|
1311
Valero Energy
VLO
$89.6B
| $13M | 0.01% |
202,444
-158,024
| -44% | -$10.1M |
|
|
SHLD
1312
PUT
DELISTED
Sears Holding Corporation
SHLD
| $13M | 0.01% |
846,400
-2,393,500
| -74% | -$40.6M |
|
1313
PUT
United States Natural Gas Fund
UNG
$500M
| $12.9M | 0.01% |
121,494
-129,412
| -52% | -$14.9M |
|
1314
PUT
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $12.9M | 0.01% |
464,500
-64,300
| -12% | -$1.5M |
|
1315
CALL
NetApp
NTAP
$39.3B
| $12.9M | 0.01% |
473,700
-587,800
| -55% | -$14.2M |
|
1316
CALL
AerCap
AER
$23.8B
| $12.9M | 0.01% |
332,700
+195,100
| +142% | +$6.72M |
|
1317
CALL
T. Rowe Price
TROW
$24.3B
| $12.9M | 0.01% |
175,000
+61,100
| +54% | +$4.24M |
|
|
ELLI
1318
PUT
DELISTED
Ellie Mae Inc
ELLI
| $12.9M | 0.01% |
141,800
-89,700
| -39% | -$6.71M |
|
1319
PUT
Cirrus Logic
CRUS
$6.2B
| $12.8M | 0.01% |
352,800
-154,800
| -30% | -$5.02M |
|
1320
Advanced Micro Devices
AMD
$778B
| $12.8M | 0.01% |
4,496,286
+2,174,922
| +94% | +$4.94M |
|
1321
PUT
Consolidated Edison
ED
$39.4B
| $12.8M | 0.01% |
167,200
-91,100
| -35% | -$6.47M |
|
1322
Goodyear
GT
$1.76B
| $12.8M | 0.01% |
388,356
-119,285
| -23% | -$3.59M |
|
|
ANAC
1323
CALL
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $12.8M | 0.01% |
239,600
-95,900
| -29% | -$7.08M |
|
1324
CALL
Acuity Brands
AYI
$10.6B
| $12.8M | 0.01% |
58,700
-8,600
| -13% | -$1.77M |
|
1325
PUT
Southern Company
SO
$105B
| $12.8M | 0.01% |
247,400
-151,000
| -38% | -$7.36M |
|
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.