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 | |
|---|---|---|---|---|---|---|
1526
PUT
Universal Display
OLED
$4.16B
| $10.2M | 0.01% |
189,400
-99,900
| -35% | -$4.88M |
|
1527
State Street SPDR S&P Retail ETF
XRT
$652M
| $10.2M | 0.01% |
221,841
-14,257
| -6% | -$605K |
|
|
ANAC
1528
PUT
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $10.2M | 0.01% |
191,500
-2,700
| -1% | -$199K |
|
|
STMP
1529
PUT
DELISTED
Stamps.com, Inc.
STMP
| $10.2M | 0.01% |
96,300
+18,100
| +23% | +$1.85M |
|
1530
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$86.9M
| $10.2M | 0.01% |
2,092
+84
| +4% | +$550K |
|
1531
CF Industries
CF
$18.4B
| $10.2M | 0.01% |
325,971
+80,765
| +33% | +$2.64M |
|
1532
CALL
Zillow
ZG
$7.66B
| $10.2M | 0.01% |
399,300
-485,700
| -55% | -$10.8M |
|
|
NBIS
1533
PUT
Nebius Group N.V.
NBIS
$46.7B
| $10.2M | 0.01% |
665,000
-1,496,300
| -69% | -$20.5M |
|
|
WLL
1534
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $10.2M | 0.01% |
4,248
-674
| -14% | -$1.32M |
|
|
GRMN
1535
PUT
Garmin
GRMN
$60.4B
| $10.2M | 0.01% |
254,500
+90,000
| +55% | +$3.34M |
|
1536
CALL
iShares MSCI Germany ETF
EWG
$1.67B
| $10.2M | 0.01% |
394,600
-311,800
| -44% | -$7.6M |
|
1537
CALL
Box
BOX
$4.65B
| $10.1M | 0.01% |
827,500
+215,500
| +35% | +$2.45M |
|
|
NFX
1538
CALL
DELISTED
Newfield Exploration
NFX
| $10.1M | 0.01% |
305,100
-344,800
| -53% | -$9.73M |
|
|
SHLD
1539
CALL
DELISTED
Sears Holding Corporation
SHLD
| $10.1M | 0.01% |
661,700
-536,800
| -45% | -$9.1M |
|
1540
PUT
MannKind Corp
MNKD
$1.26B
| $10.1M | 0.01% |
1,257,480
-354,040
| -22% | -$2.02M |
|
|
BNY
1541
Bank of New York Mellon
BNY
$108B
| $10.1M | 0.01% |
274,632
-110,317
| -29% | -$4M |
|
1542
CALL
Fluor
FLR
$7.3B
| $10.1M | 0.01% |
188,100
-145,500
| -44% | -$6.84M |
|
1543
CALL
Cemex
CX
$16.3B
| $10.1M | 0.01% |
1,500,028
-1,239,522
| -45% | -$6.11M |
|
|
DISH
1544
CALL
DELISTED
DISH Network Corp.
DISH
| $10.1M | 0.01% |
218,000
-2,167,900
| -91% | -$105M |
|
1545
Healthpeak Properties
DOC
$14.4B
| $10.1M | 0.01% |
339,823
+149,496
| +79% | +$4.48M |
|
1546
PUT
Ross Stores
ROST
$81.7B
| $10.1M | 0.01% |
173,900
+60,600
| +53% | +$3.36M |
|
1547
CALL
Archer Daniels Midland
ADM
$38.8B
| $10.1M | 0.01% |
277,300
-4,500
| -2% | -$157K |
|
|
RAD
1548
CALL
DELISTED
Rite Aid Corporation
RAD
| $10.1M | 0.01% |
61,760
-21,830
| -26% | -$3.44M |
|
1549
CALL
XPO
XPO
$23.5B
| $10M | 0.01% |
946,353
+219,746
| +30% | +$1.92M |
|
|
ESV
1550
PUT
DELISTED
Ensco Rowan plc
ESV
| $10M | 0.01% |
241,925
-112,050
| -32% | -$4.57M |
|
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.