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 | |
|---|---|---|---|---|---|---|
1451
PUT
Waste Management
WM
$90.3B
| $11M | 0.01% |
187,200
-84,700
| -31% | -$4.68M |
|
|
MMP
1452
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $11M | 0.01% |
160,500
-116,700
| -42% | -$7.63M |
|
1453
Honeywell
HON
$76.9B
| $11M | 0.01% |
109,238
-82,957
| -43% | -$7.77M |
|
1454
CALL
Travel + Leisure Co
TNL
$4.51B
| $11M | 0.01% |
318,739
-97,681
| -23% | -$3.1M |
|
|
KITE
1455
CALL
DELISTED
Kite Pharma, Inc.
KITE
| $11M | 0.01% |
238,900
+148,600
| +165% | +$7.2M |
|
1456
PUT
Cencora
COR
$61.8B
| $11M | 0.01% |
126,700
-329,400
| -72% | -$29.3M |
|
|
VNET
1457
PUT
VNET Group
VNET
$2.1B
| $11M | 0.01% |
548,800
-451,200
| -45% | -$8.61M |
|
|
INFN
1458
PUT
DELISTED
Infinera Corporation Common Stock
INFN
| $11M | 0.01% |
682,400
+146,000
| +27% | +$2.24M |
|
1459
PUT
Post Holdings
POST
$3.44B
| $10.9M | 0.01% |
243,258
+21,851
| +10% | +$922K |
|
|
BBL
1460
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $10.9M | 0.01% |
481,042
+337,169
| +234% | +$7.06M |
|
|
TYC
1461
CALL
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $10.9M | 0.01% |
284,399
+113,740
| +67% | +$4.06M |
|
|
INFN
1462
DELISTED
Infinera Corporation Common Stock
INFN
| $10.9M | 0.01% |
679,331
+166,762
| +33% | +$2.56M |
|
|
VIAB
1463
DELISTED
Viacom Inc. Class B
VIAB
| $10.8M | 0.01% |
262,836
-539,916
| -67% | -$21.4M |
|
1464
Entergy
ETR
$49.2B
| $10.8M | 0.01% |
273,560
+165,442
| +153% | +$6.01M |
|
1465
CALL
Snap-on
SNA
$21.2B
| $10.8M | 0.01% |
69,000
+33,000
| +92% | +$5.05M |
|
1466
McKesson
MCK
$103B
| $10.8M | 0.01% |
68,870
+23,079
| +50% | +$3.73M |
|
|
LTRPA
1467
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.8M | 0.01% |
488,285
+368,277
| +307% | +$8.09M |
|
1468
PUT
Truist Financial
TFC
$63.3B
| $10.8M | 0.01% |
324,000
-73,200
| -18% | -$2.43M |
|
1469
PUT
Quest Diagnostics
DGX
$26.1B
| $10.8M | 0.01% |
150,600
+61,700
| +69% | +$4.14M |
|
1470
Progressive
PGR
$124B
| $10.8M | 0.01% |
306,075
-14,750
| -5% | -$471K |
|
1471
Simon Property Group
SPG
$71.2B
| $10.8M | 0.01% |
51,759
-170,266
| -77% | -$32.7M |
|
1472
Hewlett Packard
HPE
$73.3B
| $10.7M | 0.01% |
1,043,002
-6,152,910
| -86% | -$51.5M |
|
1473
iShares MSCI Turkey ETF
TUR
$217M
| $10.7M | 0.01% |
245,080
+198,240
| +423% | +$7.51M |
|
|
CLVS
1474
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $10.7M | 0.01% |
559,400
+281,900
| +102% | +$5.97M |
|
|
ETFC
1475
DELISTED
E*Trade Financial Corporation
ETFC
| $10.7M | 0.01% |
438,199
+106,960
| +32% | +$2.59M |
|
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.