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 | |
|---|---|---|---|---|---|---|
|
AVP
1376
PUT
DELISTED
Avon Products, Inc.
AVP
| $16.5M | 0.01% |
2,070,800
+683,900
| +49% | +$5.68M |
|
1377
CALL
Pacira BioSciences
PCRX
$974M
| $16.5M | 0.01% |
186,200
+68,600
| +58% | +$6.96M |
|
1378
Altria Group
MO
$109B
| $16.5M | 0.01% |
330,731
-95,925
| -22% | -$5.09M |
|
1379
PUT
Advance Auto Parts
AAP
$3.36B
| $16.5M | 0.01% |
110,500
-13,900
| -11% | -$2.14M |
|
1380
PUT
iShares MSCI South Africa ETF
EZA
$579M
| $16.5M | 0.01% |
246,700
+222,300
| +911% | +$14.9M |
|
|
IOC
1381
CALL
DELISTED
Interoil Corporation
IOC
| $16.5M | 0.01% |
358,200
-66,500
| -16% | -$2.85M |
|
1382
PUT
Boston Beer
SAM
$1.86B
| $16.5M | 0.01% |
61,700
+39,600
| +179% | +$11.5M |
|
|
CYBR
1383
PUT
DELISTED
CyberArk
CYBR
| $16.4M | 0.01% |
295,800
+208,200
| +238% | +$9.82M |
|
1384
PUT
The Greenbrier Companies
GBX
$1.43B
| $16.4M | 0.01% |
282,900
-37,600
| -12% | -$2.08M |
|
1385
Cleveland-Cliffs
CLF
$7.13B
| $16.4M | 0.01% |
3,407,165
-743,466
| -18% | -$4.79M |
|
|
AXON
1386
Axon Enterprise
AXON
$48.4B
| $16.4M | 0.01% |
678,934
+82,658
| +14% | +$2.1M |
|
1387
PUT
JetBlue
JBLU
$2.13B
| $16.4M | 0.01% |
849,500
+141,600
| +20% | +$2.41M |
|
|
ETFC
1388
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $16.3M | 0.01% |
572,400
+29,600
| +5% | +$755K |
|
|
SAVE
1389
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $16.3M | 0.01% |
210,600
+65,200
| +45% | +$5M |
|
1390
PUT
Qorvo
QRVO
$8.56B
| $16.3M | 0.01% |
+204,400
| New | +$14.6M |
|
1391
Macerich
MAC
$6.9B
| $16.3M | 0.01% |
192,813
+88,351
| +85% | +$7.73M |
|
1392
CALL
Vanguard FTSE Europe ETF
VGK
$31B
| $16.2M | 0.01% |
299,500
-101,500
| -25% | -$5.47M |
|
|
HAR
1393
CALL
DELISTED
Harman International Industries
HAR
| $16.2M | 0.01% |
121,100
+70,900
| +141% | +$8.82M |
|
|
CEO
1394
DELISTED
CNOOC Limited
CEO
| $16.2M | 0.01% |
114,096
-74,689
| -40% | -$10.3M |
|
1395
Wolfspeed
WOLF
$1.52B
| $16.2M | 0.01% |
455,598
-702,386
| -61% | -$25.4M |
|
|
CS
1396
PUT
DELISTED
Credit Suisse Group
CS
| $16.1M | 0.01% |
598,000
+155,600
| +35% | +$3.71M |
|
1397
PUT
Healthpeak Properties
DOC
$14.4B
| $16.1M | 0.01% |
408,785
+366,732
| +872% | +$14.7M |
|
1398
Fluor
FLR
$7.3B
| $16.1M | 0.01% |
281,306
+119,091
| +73% | +$6.77M |
|
1399
PUT
ProShares UltraPro Short Dow 30
SDOW
$183M
| $16.1M | 0.01% |
3,185
-103
| -3% | -$531K |
|
1400
CALL
Targa Resources
TRGP
$57.1B
| $16.1M | 0.01% |
167,700
+150,800
| +892% | +$14.1M |
|
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.