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 | |
|---|---|---|---|---|---|---|
1551
CALL
Deutsche Bank
DB
$71.9B
| $10M | 0.01% |
659,232
+68,208
| +12% | +$1.14M |
|
1552
Advance Auto Parts
AAP
$3.36B
| $10M | 0.01% |
62,461
-11,126
| -15% | -$1.67M |
|
1553
Consolidated Edison
ED
$39.3B
| $9.98M | 0.01% |
130,302
+22,903
| +21% | +$1.63M |
|
1554
WisdomTree US MidCap Fund
EZM
$952M
| $9.98M | 0.01% |
332,058
+277,065
| +504% | +$7.7M |
|
|
NUAN
1555
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $9.98M | 0.01% |
616,539
+28,297
| +5% | +$457K |
|
1556
PUT
iShares Russell 2000 Value ETF
IWN
$14.5B
| $9.97M | 0.01% |
107,000
+54,000
| +102% | +$4.69M |
|
1557
CALL
Bread Financial
BFH
$4.38B
| $9.97M | 0.01% |
56,761
-5,263
| -8% | -$919K |
|
|
ABMD
1558
CALL
DELISTED
Abiomed Inc
ABMD
| $9.96M | 0.01% |
105,100
+61,200
| +139% | +$5.17M |
|
1559
CALL
MannKind Corp
MNKD
$1.26B
| $9.96M | 0.01% |
1,237,500
-145,680
| -11% | -$832K |
|
1560
PUT
Icahn Enterprises
IEP
$5.28B
| $9.95M | 0.01% |
157,800
-5,200
| -3% | -$299K |
|
|
NVO
1561
CALL
Novo Nordisk
NVO
$211B
| $9.95M | 0.01% |
367,200
+13,200
| +4% | +$354K |
|
1562
Fluor
FLR
$7.3B
| $9.93M | 0.01% |
184,815
-98,417
| -35% | -$4.63M |
|
|
CHL
1563
DELISTED
China Mobile Limited
CHL
| $9.91M | 0.01% |
178,752
-49,141
| -22% | -$2.65M |
|
|
WW
1564
CALL
DELISTED
WW International
WW
| $9.91M | 0.01% |
682,000
-683,700
| -50% | -$9.29M |
|
1565
CALL
Newell Brands
NWL
$2.51B
| $9.84M | 0.01% |
222,200
+113,900
| +105% | +$4.47M |
|
|
S
1566
PUT
DELISTED
Sprint Corporation
S
| $9.84M | 0.01% |
2,826,900
-1,468,600
| -34% | -$4.69M |
|
1567
PUT
Alaunos Therapeutics
TCRT
$4.84M
| $9.8M | 0.01% |
8,805
-5,212
| -37% | -$5.33M |
|
1568
CALL
Polaris
PII
$3.97B
| $9.8M | 0.01% |
99,500
-25,200
| -20% | -$2.19M |
|
1569
Plains All American Pipeline
PAA
$16.4B
| $9.77M | 0.01% |
465,944
-521,518
| -53% | -$11M |
|
1570
PUT
Canadian Solar
CSIQ
$1.06B
| $9.73M | 0.01% |
504,800
-677,800
| -57% | -$13.9M |
|
1571
CALL
J.M. Smucker
SJM
$12.6B
| $9.72M | 0.01% |
74,900
-16,300
| -18% | -$2.05M |
|
1572
PUT
Paychex
PAYX
$43.1B
| $9.72M | 0.01% |
180,000
-30,100
| -14% | -$1.52M |
|
1573
iShares MSCI Germany ETF
EWG
$1.67B
| $9.72M | 0.01% |
377,679
+71,289
| +23% | +$1.74M |
|
1574
PUT
ICICI Bank
IBN
$108B
| $9.7M | 0.01% |
1,490,390
-2,365,990
| -61% | -$13.9M |
|
1575
CALL
Green Dot
GDOT
$752M
| $9.7M | 0.01% |
422,200
+373,300
| +763% | +$7.25M |
|
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.