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 | |
|---|---|---|---|---|---|---|
1601
BorgWarner
BWA
$14.1B
| $9.42M | 0.01% |
278,547
+202,103
| +264% | +$5.99M |
|
1602
PUT
Centene
CNC
$32.9B
| $9.41M | 0.01% |
305,800
+155,400
| +103% | +$4.64M |
|
|
AMTD
1603
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $9.41M | 0.01% |
298,500
-154,200
| -34% | -$4.54M |
|
1604
CALL
Pilgrim's Pride
PPC
$6.31B
| $9.41M | 0.01% |
370,300
+9,800
| +3% | +$227K |
|
|
LL
1605
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.39M | 0.01% |
715,757
+220,177
| +44% | +$2.77M |
|
1606
PUT
Huntsman Corp
HUN
$1.82B
| $9.38M | 0.01% |
705,200
-500,000
| -41% | -$5.16M |
|
1607
Campbell Soup
CPB
$6.69B
| $9.38M | 0.01% |
147,000
-15,839
| -10% | -$931K |
|
|
WCG
1608
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $9.38M | 0.01% |
101,100
+29,100
| +40% | +$2.41M |
|
1609
PUT
Magna International
MGA
$18.7B
| $9.37M | 0.01% |
218,100
-152,300
| -41% | -$5.67M |
|
1610
Eversource Energy
ES
$26.8B
| $9.36M | 0.01% |
160,418
-20,606
| -11% | -$1.12M |
|
1611
PUT
Healthpeak Properties
DOC
$14.4B
| $9.35M | 0.01% |
315,236
+170,080
| +117% | +$5.1M |
|
|
ENDP
1612
CALL
DELISTED
Endo International plc
ENDP
| $9.35M | 0.01% |
332,000
+11,600
| +4% | +$548K |
|
1613
Aflac
AFL
$61.2B
| $9.34M | 0.01% |
295,902
+112,328
| +61% | +$3.34M |
|
1614
CALL
AMC Global Media
AMCX
$489M
| $9.34M | 0.01% |
143,800
+97,900
| +213% | +$6.7M |
|
1615
O'Reilly Automotive
ORLY
$75.3B
| $9.32M | 0.01% |
510,705
-1,075,005
| -68% | -$18.4M |
|
|
BNY
1616
CALL
Bank of New York Mellon
BNY
$108B
| $9.31M | 0.01% |
252,800
-675,700
| -73% | -$24.5M |
|
|
GOLD
1617
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $9.31M | 0.01% |
102,500
-314,846
| -75% | -$25.3M |
|
1618
PUT
Diageo
DEO
$54B
| $9.3M | ﹤0.01% |
86,200
-22,300
| -21% | -$2.36M |
|
|
CAM
1619
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $9.29M | ﹤0.01% |
138,500
+2,100
| +2% | +$135K |
|
|
ITC
1620
DELISTED
ITC HOLDINGS CORP
ITC
| $9.27M | ﹤0.01% |
212,853
+195,767
| +1,146% | +$7.95M |
|
1621
CALL
Terex
TEX
$7.58B
| $9.24M | ﹤0.01% |
371,400
+142,900
| +63% | +$2.99M |
|
1622
CALL
Casey's General Stores
CASY
$31.6B
| $9.24M | ﹤0.01% |
81,500
+47,400
| +139% | +$5.31M |
|
|
HZNP
1623
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $9.24M | ﹤0.01% |
557,400
-751,800
| -57% | -$13.2M |
|
1624
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$20B
| $9.2M | ﹤0.01% |
514,685
+270,006
| +110% | +$4.48M |
|
1625
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$97.8M
| $9.2M | ﹤0.01% |
119,800
-35,200
| -23% | -$2.55M |
|
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.