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 | |
|---|---|---|---|---|---|---|
|
RAD
1401
PUT
DELISTED
Rite Aid Corporation
RAD
| $11.7M | 0.01% |
71,750
-229,240
| -76% | -$36.2M |
|
1402
Weyerhaeuser
WY
$18.1B
| $11.7M | 0.01% |
377,006
-111,091
| -23% | -$2.97M |
|
1403
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$232M
| $11.7M | 0.01% |
49,610
-22,440
| -31% | -$4.45M |
|
|
WFT
1404
PUT
DELISTED
Weatherford International plc
WFT
| $11.7M | 0.01% |
1,499,600
+516,300
| +53% | +$3.48M |
|
|
LLL
1405
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $11.6M | 0.01% |
98,000
-2,500
| -2% | -$292K |
|
1406
NXP Semiconductors
NXPI
$59.4B
| $11.6M | 0.01% |
143,148
-455,469
| -76% | -$34M |
|
|
WUBA
1407
PUT
DELISTED
58.com Inc
WUBA
| $11.6M | 0.01% |
208,300
-36,500
| -15% | -$2.02M |
|
1408
Incyte
INCY
$24.8B
| $11.6M | 0.01% |
159,803
+74,075
| +86% | +$5.52M |
|
|
DISH
1409
DELISTED
DISH Network Corp.
DISH
| $11.6M | 0.01% |
250,254
+65,990
| +36% | +$3.18M |
|
|
STRP
1410
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $11.5M | 0.01% |
372,100
-15,600
| -4% | -$389K |
|
1411
CALL
Golar LNG
GLNG
$5.14B
| $11.5M | 0.01% |
641,700
-2,081,400
| -76% | -$35.5M |
|
|
BID
1412
CALL
DELISTED
Sotheby's
BID
| $11.5M | 0.01% |
431,300
+217,100
| +101% | +$5.21M |
|
1413
Vanguard Extended Market ETF
VXF
$31.8B
| $11.5M | 0.01% |
+138,616
| New | +$10.7M |
|
|
GAS
1414
DELISTED
AGL Resources Inc
GAS
| $11.5M | 0.01% |
176,128
-31,897
| -15% | -$2.05M |
|
1415
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.9B
| $11.5M | 0.01% |
122,723
-143,182
| -54% | -$12.6M |
|
1416
PUT
Moody's
MCO
$83.2B
| $11.5M | 0.01% |
118,600
+28,700
| +32% | +$2.58M |
|
1417
Universal Display
OLED
$4.14B
| $11.4M | 0.01% |
211,398
-86,213
| -29% | -$4.21M |
|
1418
PUT
Welltower
WELL
$170B
| $11.4M | 0.01% |
164,900
-47,500
| -22% | -$3.06M |
|
1419
CALL
Northern Trust
NTRS
$34.3B
| $11.4M | 0.01% |
175,300
+97,100
| +124% | +$6.09M |
|
1420
PUT
Labcorp
LH
$25.9B
| $11.4M | 0.01% |
113,257
-178,791
| -61% | -$17.1M |
|
|
SPLS
1421
CALL
DELISTED
Staples Inc
SPLS
| $11.4M | 0.01% |
1,033,100
-797,500
| -44% | -$7.5M |
|
1422
PUT
Nordic American Tanker
NAT
$1.36B
| $11.4M | 0.01% |
814,867
+380,822
| +88% | +$5.07M |
|
1423
CALL
PVH
PVH
$4.01B
| $11.4M | 0.01% |
114,800
+24,200
| +27% | +$1.9M |
|
1424
Target
TGT
$69.1B
| $11.4M | 0.01% |
138,024
-138,037
| -50% | -$10.4M |
|
1425
CALL
Bunge Global
BG
$21.5B
| $11.4M | 0.01% |
200,300
-71,000
| -26% | -$4.05M |
|
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.