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 | |
|---|---|---|---|---|---|---|
126
CALL
American Express
AXP
$230B
| $301M | 0.14% |
3,849,300
+2,261,500
| +142% | +$188M |
|
127
PUT
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $296M | 0.13% |
7,620,400
-3,749,000
| -33% | -$145M |
|
128
McDonald's
MCD
$195B
| $291M | 0.13% |
2,984,928
+1,679,773
| +129% | +$159M |
|
129
CALL
Chevron
CVX
$366B
| $285M | 0.13% |
2,711,800
-893,200
| -25% | -$95.3M |
|
130
CALL
iShares Biotechnology ETF
IBB
$9.77B
| $283M | 0.13% |
2,474,100
+167,400
| +7% | +$18.5M |
|
|
PCYC
131
CALL
DELISTED
PHARMACYCLICS INC
PCYC
| $282M | 0.13% |
1,103,300
+656,700
| +147% | +$127M |
|
|
SLXP
132
PUT
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $277M | 0.13% |
1,601,900
+347,300
| +28% | +$51M |
|
|
133
CALL
Bank of America
BAC
$442B
| $276M | 0.13% |
17,918,200
-19,162,600
| -52% | -$308M |
|
134
PUT
Walmart Inc
WMT
$890B
| $272M | 0.12% |
9,930,600
+355,800
| +4% | +$10.1M |
|
|
135
Coca-Cola
KO
$375B
| $270M | 0.12% |
6,664,299
+5,305,874
| +391% | +$222M |
|
136
PUT
Mastercard
MA
$493B
| $269M | 0.12% |
3,117,900
-1,946,400
| -38% | -$169M |
|
|
PCYC
137
PUT
DELISTED
PHARMACYCLICS INC
PCYC
| $268M | 0.12% |
1,048,600
+481,100
| +85% | +$92.9M |
|
138
Intel
INTC
$513B
| $264M | 0.12% |
8,432,136
+5,584,287
| +196% | +$188M |
|
139
PUT
Comcast
CMCSA
$90B
| $264M | 0.12% |
9,334,600
-2,421,600
| -21% | -$69.6M |
|
140
PUT
American Airlines Group
AAL
$10.6B
| $261M | 0.12% |
4,938,600
+145,000
| +3% | +$7.36M |
|
141
CALL
SLB Ltd
SLB
$75B
| $251M | 0.11% |
3,011,900
-1,530,900
| -34% | -$127M |
|
|
142
CALL
Walmart Inc
WMT
$890B
| $251M | 0.11% |
9,160,200
-861,900
| -9% | -$24.5M |
|
143
CALL
Ford
F
$55.7B
| $250M | 0.11% |
15,487,100
-11,955,200
| -44% | -$189M |
|
144
PUT
Las Vegas Sands
LVS
$29.6B
| $248M | 0.11% |
4,502,300
+107,600
| +2% | +$6M |
|
145
CALL
Visa
V
$677B
| $247M | 0.11% |
3,771,700
-183,100
| -5% | -$12.1M |
|
146
CALL
Amgen
AMGN
$222B
| $245M | 0.11% |
1,530,100
-398,100
| -21% | -$62.7M |
|
|
147
CALL
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $242M | 0.11% |
6,247,800
-7,681,400
| -55% | -$298M |
|
148
CALL
Applied Materials
AMAT
$428B
| $242M | 0.11% |
10,736,900
+1,518,600
| +16% | +$36.4M |
|
149
PUT
BP
BP
$107B
| $242M | 0.11% |
7,459,568
-3,728,337
| -33% | -$122M |
|
150
PUT
Intuitive Surgical
ISRG
$134B
| $242M | 0.11% |
4,313,700
-4,072,500
| -49% | -$231M |
|
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.