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 | |
|---|---|---|---|---|---|---|
1326
CALL
SM Energy
SM
$7.55B
| $17.4M | 0.01% |
337,100
+12,600
| +4% | +$547K |
|
|
LVLT
1327
DELISTED
Level 3 Communications Inc
LVLT
| $17.4M | 0.01% |
323,576
+92,774
| +40% | +$4.84M |
|
|
NE
1328
CALL
DELISTED
Noble Corporation
NE
| $17.4M | 0.01% |
1,218,700
-507,700
| -29% | -$8.24M |
|
1329
PUT
Ciena
CIEN
$54.9B
| $17.4M | 0.01% |
901,200
-250,700
| -22% | -$5M |
|
1330
PUT
ProShares UltraPro QQQ
TQQQ
$37B
| $17.4M | 0.01% |
8,107,200
-14,808,000
| -65% | -$31.4M |
|
1331
PUT
Travel + Leisure Co
TNL
$4.5B
| $17.4M | 0.01% |
425,723
+207,545
| +95% | +$8.26M |
|
1332
CALL
Dillards
DDS
$9.9B
| $17.4M | 0.01% |
127,100
-217,900
| -63% | -$27.2M |
|
1333
PUT
KKR & Co
KKR
$93.2B
| $17.3M | 0.01% |
760,200
-355,300
| -32% | -$8.39M |
|
|
FSL
1334
PUT
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $17.3M | 0.01% |
425,300
+248,000
| +140% | +$8.54M |
|
|
ARUN
1335
CALL
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $17.3M | 0.01% |
706,100
-277,200
| -28% | -$5.58M |
|
|
RYL
1336
CALL
DELISTED
RYLAND GROUP INC
RYL
| $17.3M | 0.01% |
354,700
+4,000
| +1% | +$171K |
|
1337
Amgen
AMGN
$226B
| $17.3M | 0.01% |
108,114
-156,354
| -59% | -$24.6M |
|
1338
PUT
Waste Management
WM
$90.6B
| $17.3M | 0.01% |
318,300
+6,600
| +2% | +$351K |
|
1339
CALL
Pultegroup
PHM
$24.8B
| $17.3M | 0.01% |
776,100
-324,300
| -29% | -$7.06M |
|
|
SKX
1340
PUT
DELISTED
Skechers
SKX
| $17.3M | 0.01% |
719,700
+225,300
| +46% | +$4.85M |
|
1341
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$428M
| $17.2M | 0.01% |
40,646
+23,198
| +133% | +$11.5M |
|
1342
NiSource
NI
$20B
| $17.2M | 0.01% |
992,156
+816,365
| +464% | +$13.8M |
|
1343
PUT
Toronto Dominion Bank
TD
$200B
| $17.2M | 0.01% |
401,700
+214,200
| +114% | +$9.2M |
|
1344
CALL
Cirrus Logic
CRUS
$6.11B
| $17.2M | 0.01% |
517,400
-543,400
| -51% | -$15.8M |
|
|
BRSL
1345
Brightstar Lottery PLC
BRSL
$2.02B
| $17.2M | 0.01% |
986,906
-104,368
| -10% | -$1.82M |
|
1346
Salesforce
CRM
$162B
| $17.2M | 0.01% |
257,003
+52,890
| +26% | +$3.28M |
|
1347
CALL
Ross Stores
ROST
$81.7B
| $17.1M | 0.01% |
325,200
+91,200
| +39% | +$4.51M |
|
|
SNV
1348
DELISTED
Synovus
SNV
| $17.1M | 0.01% |
611,097
-21,633
| -3% | -$587K |
|
1349
TSMC
TSM
$2.17T
| $17.1M | 0.01% |
728,028
+587,574
| +418% | +$13.8M |
|
|
BLUE
1350
DELISTED
bluebird bio
BLUE
| $17M | 0.01% |
10,897
+7,916
| +266% | +$10.4M |
|
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.