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 | |
|---|---|---|---|---|---|---|
1676
PNC Financial Services
PNC
$100B
| $8.74M | ﹤0.01% |
103,337
-23,995
| -19% | -$2.04M |
|
1677
CALL
National Grid
NGG
$79.9B
| $8.73M | ﹤0.01% |
126,768
+65,820
| +108% | +$4.4M |
|
|
DO
1678
DELISTED
Diamond Offshore Drilling
DO
| $8.72M | ﹤0.01% |
401,100
-72,230
| -15% | -$1.42M |
|
|
TUP
1679
DELISTED
Tupperware Brands Corporation
TUP
| $8.71M | ﹤0.01% |
150,219
+77,741
| +107% | +$4.01M |
|
1680
TripAdvisor
TRIP
$1.26B
| $8.71M | ﹤0.01% |
130,943
+38,391
| +41% | +$2.54M |
|
|
K
1681
DELISTED
Kellanova
K
| $8.71M | ﹤0.01% |
121,138
+38,377
| +46% | +$2.65M |
|
1682
CALL
Lazard
LAZ
$4.16B
| $8.71M | ﹤0.01% |
224,400
+41,000
| +22% | +$1.47M |
|
1683
PUT
Cleveland-Cliffs
CLF
$7.13B
| $8.69M | ﹤0.01% |
2,896,100
-1,908,800
| -40% | -$4M |
|
1684
Lowe's Companies
LOW
$123B
| $8.69M | ﹤0.01% |
114,675
-186,148
| -62% | -$13.1M |
|
|
CYBR
1685
PUT
DELISTED
CyberArk
CYBR
| $8.68M | ﹤0.01% |
203,700
-174,100
| -46% | -$7M |
|
|
CBPO
1686
CALL
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $8.68M | ﹤0.01% |
75,800
+58,300
| +333% | +$6.84M |
|
1687
CALL
Jack in the Box
JACK
$340M
| $8.67M | ﹤0.01% |
135,700
+78,200
| +136% | +$5.5M |
|
1688
T-Mobile US
TMUS
$191B
| $8.67M | ﹤0.01% |
226,260
+85,615
| +61% | +$3.23M |
|
1689
PUT
Credit Acceptance
CACC
$6.03B
| $8.66M | ﹤0.01% |
47,700
-69,200
| -59% | -$13.2M |
|
1690
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $8.65M | ﹤0.01% |
221,762
+74,061
| +50% | +$2.83M |
|
|
SPWR
1691
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $8.65M | ﹤0.01% |
591,254
+75,433
| +15% | +$1.17M |
|
1692
CALL
Zions Bancorporation
ZION
$10.3B
| $8.64M | ﹤0.01% |
357,100
-155,300
| -30% | -$3.57M |
|
|
KATE
1693
CALL
DELISTED
Kate Spade & Company
KATE
| $8.62M | ﹤0.01% |
337,700
+109,600
| +48% | +$2.15M |
|
1694
CALL
Vanguard Morningstar Large-Cap ETF
VV
$54.5B
| $8.6M | ﹤0.01% |
91,500
+54,000
| +144% | +$4.81M |
|
1695
PUT
TJX Companies
TJX
$175B
| $8.58M | ﹤0.01% |
219,000
-92,200
| -30% | -$3.35M |
|
|
SPR
1696
CALL
DELISTED
Spirit AeroSystems
SPR
| $8.58M | ﹤0.01% |
189,100
+98,000
| +108% | +$4.46M |
|
1697
PUT
ProShares UltraPro Short S&P 500
SPXU
$384M
| $8.57M | ﹤0.01% |
739
-1,692
| -70% | -$23.8M |
|
|
ASRT
1698
CALL
DELISTED
Assertio
ASRT
| $8.56M | ﹤0.01% |
10,247
+3,355
| +49% | +$3.11M |
|
|
WNR
1699
DELISTED
Western Refining Inc
WNR
| $8.55M | ﹤0.01% |
294,058
+134,223
| +84% | +$4.05M |
|
1700
CALL
Repligen
RGEN
$9.21B
| $8.54M | ﹤0.01% |
318,400
+51,300
| +19% | +$1.26M |
|
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.