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 | |
|---|---|---|---|---|---|---|
1626
Cemex
CX
$16.3B
| $9.18M | ﹤0.01% |
1,363,182
+947,332
| +228% | +$4.67M |
|
1627
PUT
Novartis
NVS
$298B
| $9.17M | ﹤0.01% |
141,286
-9,932
| -7% | -$676K |
|
1628
PUT
State Street
STT
$51.3B
| $9.16M | ﹤0.01% |
156,600
-84,000
| -35% | -$4.77M |
|
|
CKEC
1629
PUT
DELISTED
Carmike Cinemas Inc
CKEC
| $9.16M | ﹤0.01% |
304,800
+280,800
| +1,170% | +$6.81M |
|
1630
CALL
Pultegroup
PHM
$24.8B
| $9.15M | ﹤0.01% |
489,000
+53,100
| +12% | +$906K |
|
1631
PUT
Annaly Capital Management
NLY
$17.3B
| $9.15M | ﹤0.01% |
222,900
-124,525
| -36% | -$4.89M |
|
1632
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$37.4M
| $9.14M | ﹤0.01% |
8,292
+376
| +5% | +$564K |
|
1633
Sherwin-Williams
SHW
$88.1B
| $9.12M | ﹤0.01% |
96,108
+46,350
| +93% | +$4.06M |
|
1634
Colgate-Palmolive
CL
$74.3B
| $9.12M | ﹤0.01% |
129,055
+60,303
| +88% | +$4.01M |
|
|
SAVE
1635
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $9.12M | ﹤0.01% |
190,000
-51,600
| -21% | -$2.31M |
|
1636
Barclays
BCS
$94.3B
| $9.12M | ﹤0.01% |
1,128,075
+951,737
| +540% | +$8.87M |
|
1637
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$157M
| $9.11M | ﹤0.01% |
174,200
+98,100
| +129% | +$3.91M |
|
1638
PUT
Sinclair Inc
SBGI
$995M
| $9.11M | ﹤0.01% |
296,300
-134,400
| -31% | -$4.13M |
|
1639
CALL
Dycom Industries
DY
$12B
| $9.11M | ﹤0.01% |
140,800
-49,200
| -26% | -$3M |
|
|
AKRX
1640
PUT
DELISTED
Akorn Inc
AKRX
| $9.1M | ﹤0.01% |
386,800
+252,500
| +188% | +$6.64M |
|
|
NUAN
1641
PUT
DELISTED
Nuance Communications, Inc.
NUAN
| $9.1M | ﹤0.01% |
562,139
+284,823
| +103% | +$4.6M |
|
|
CS
1642
PUT
DELISTED
Credit Suisse Group
CS
| $9.09M | ﹤0.01% |
643,600
+262,300
| +69% | +$4.17M |
|
|
MRSH
1643
CALL
Marsh
MRSH
$91B
| $9.08M | ﹤0.01% |
149,400
+76,000
| +104% | +$4.26M |
|
1644
CALL
Boston Scientific
BSX
$73.1B
| $9.06M | ﹤0.01% |
481,900
+84,200
| +21% | +$1.48M |
|
1645
PUT
PNC Financial Services
PNC
$100B
| $9.04M | ﹤0.01% |
106,900
-7,900
| -7% | -$673K |
|
1646
PUT
Bunge Global
BG
$21.6B
| $9.04M | ﹤0.01% |
159,500
-18,200
| -10% | -$1.04M |
|
1647
CALL
Southern Copper
SCCO
$167B
| $9.04M | ﹤0.01% |
351,876
+182,410
| +108% | +$4.31M |
|
1648
Philip Morris
PM
$290B
| $9.03M | ﹤0.01% |
92,054
-69,754
| -43% | -$6.4M |
|
1649
CALL
Estee Lauder
EL
$31.5B
| $9.03M | ﹤0.01% |
95,700
-165,100
| -63% | -$14.7M |
|
|
LVLT
1650
DELISTED
Level 3 Communications Inc
LVLT
| $9.02M | ﹤0.01% |
170,683
-280,297
| -62% | -$13.8M |
|
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.