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 | |
|---|---|---|---|---|---|---|
1651
Enterprise Products Partners
EPD
$82.2B
| $9.02M | ﹤0.01% |
366,375
-455,585
| -55% | -$10.6M |
|
|
PTR
1652
PUT
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $9.02M | ﹤0.01% |
136,000
+18,900
| +16% | +$1.19M |
|
1653
CALL
Lands' End
LE
$402M
| $9M | ﹤0.01% |
352,800
-328,400
| -48% | -$7.71M |
|
1654
Royal Bank of Canada
RY
$293B
| $9M | ﹤0.01% |
156,291
+132,402
| +554% | +$6.86M |
|
1655
PUT
ProShares UltraShort Real Estate
SRS
$16.2M
| $8.97M | ﹤0.01% |
28,513
+1,350
| +5% | +$510K |
|
1656
Herc Holdings
HRI
$5.68B
| $8.95M | ﹤0.01% |
283,462
+78,277
| +38% | +$2.3M |
|
1657
CALL
Axalta
AXTA
$8.01B
| $8.95M | ﹤0.01% |
306,500
+282,300
| +1,167% | +$7.18M |
|
1658
PUT
Corpay
CPAY
$26.2B
| $8.94M | ﹤0.01% |
60,100
-24,000
| -29% | -$3.12M |
|
|
RUSL
1659
CALL
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $8.92M | ﹤0.01% |
336,000
+317,550
| +1,721% | +$6.31M |
|
1660
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $8.92M | ﹤0.01% |
176,552
+43,908
| +33% | +$1.77M |
|
|
FITB
1661
CALL
Fifth Third Bancorp
FITB
$51.8B
| $8.91M | ﹤0.01% |
533,800
-40,000
| -7% | -$658K |
|
1662
ResMed
RMD
$31.9B
| $8.89M | ﹤0.01% |
153,727
-39,871
| -21% | -$2.26M |
|
1663
CALL
Keurig Dr Pepper
KDP
$39.9B
| $8.88M | ﹤0.01% |
99,300
-93,700
| -49% | -$8.55M |
|
1664
PUT
Tenet Healthcare
THC
$20.9B
| $8.87M | ﹤0.01% |
306,600
-495,100
| -62% | -$12.9M |
|
|
LLL
1665
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $8.84M | ﹤0.01% |
74,600
+18,300
| +33% | +$2.13M |
|
1666
Alaska Air
ALK
$5.27B
| $8.83M | ﹤0.01% |
107,658
-91,518
| -46% | -$6.76M |
|
1667
PUT
JetBlue
JBLU
$2.13B
| $8.83M | ﹤0.01% |
418,000
-528,300
| -56% | -$11.1M |
|
1668
CALL
Entergy
ETR
$49.3B
| $8.82M | ﹤0.01% |
222,400
-75,000
| -25% | -$2.72M |
|
1669
Acadia Pharmaceuticals
ACAD
$5.06B
| $8.81M | ﹤0.01% |
314,997
-94,150
| -23% | -$2.05M |
|
1670
Range Resources
RRC
$9.41B
| $8.79M | ﹤0.01% |
271,437
-567,273
| -68% | -$15.8M |
|
1671
CALL
AngloGold Ashanti
AU
$49.2B
| $8.78M | ﹤0.01% |
641,300
-114,500
| -15% | -$1.24M |
|
|
AL
1672
CALL
DELISTED
Air Lease Corp
AL
| $8.77M | ﹤0.01% |
273,100
+91,300
| +50% | +$2.59M |
|
1673
CALL
SL Green Realty
SLG
$3.9B
| $8.75M | ﹤0.01% |
93,281
+7,644
| +9% | +$699K |
|
1674
CALL
iShares Select Dividend ETF
DVY
$23.6B
| $8.75M | ﹤0.01% |
107,100
+77,300
| +259% | +$5.9M |
|
1675
CALL
iShares Core S&P Small-Cap ETF
IJR
$112B
| $8.75M | ﹤0.01% |
155,400
-20,200
| -12% | -$1.05M |
|
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.