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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.58B |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$244M |
| 4 |
Coca-Cola
KO
|
+$222M |
| 5 |
United States Oil Fund
USO
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$456M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$433M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$341M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$318M |
| 5 |
YHOO
Yahoo Inc
YHOO
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.95% |
| 2 | Financials | 1.86% |
| 3 | Consumer Discretionary | 1.84% |
| 4 | Healthcare | 1.45% |
| 5 | Energy | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1751
CALL
Celanese
CE
$4.99B
| $11.1M | 0.01% |
199,000
-94,300
| -32% | -$5.34M |
|
1752
CALL
Dollar Tree
DLTR
$24.7B
| $11.1M | 0.01% |
136,700
-239,700
| -64% | -$18.2M |
|
|
JWN
1753
PUT
DELISTED
Nordstrom
JWN
| $11.1M | 0.01% |
138,100
-70,300
| -34% | -$5.56M |
|
1754
PUT
ProShares Ultra QQQ
QLD
$14B
| $11.1M | 0.01% |
2,486,400
-304,000
| -11% | -$1.34M |
|
|
VXX
1755
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $11.1M | 0.01% |
27,003
-24,450
| -48% | -$11.9M |
|
1756
CALL
DaVita
DVA
$11.6B
| $11.1M | 0.01% |
136,100
-119,200
| -47% | -$9.15M |
|
1757
CALL
Burlington
BURL
$23.1B
| $11.1M | 0.01% |
186,000
+106,700
| +135% | +$5.72M |
|
1758
PUT
Lamar Advertising Co
LAMR
$15.7B
| $11M | 0.01% |
186,100
-224,600
| -55% | -$12.8M |
|
1759
Eli Lilly
LLY
$1.09T
| $11M | 0.01% |
151,641
-49,873
| -25% | -$3.55M |
|
1760
iShares MSCI South Korea ETF
EWY
$26.1B
| $11M | 0.01% |
192,263
+34,075
| +22% | +$1.92M |
|
1761
Boyd Gaming
BYD
$6.03B
| $11M | 0.01% |
774,832
-323,593
| -29% | -$4.45M |
|
1762
Best Buy
BBY
$17.7B
| $11M | 0.01% |
290,166
-207,051
| -42% | -$7.92M |
|
|
EBIX
1763
DELISTED
Ebix Inc
EBIX
| $10.9M | 0.01% |
360,423
-96,986
| -21% | -$2.44M |
|
1764
CALL
Scotiabank
BNS
$108B
| $10.9M | 0.01% |
230,230
+197,370
| +601% | +$9.64M |
|
1765
PUT
Universal Health Services
UHS
$10B
| $10.9M | 0.01% |
92,900
+55,200
| +146% | +$6.11M |
|
1766
CALL
Cardinal Health
CAH
$56.2B
| $10.9M | 0.01% |
121,100
-20,200
| -14% | -$1.74M |
|
|
ZIONW
1767
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $10.9M | 0.01% |
2,846,798
| – | – |
|
1768
CALL
Roper Technologies
ROP
$39.8B
| $10.9M | 0.01% |
63,500
+30,700
| +94% | +$4.97M |
|
1769
Agnico Eagle Mines
AEM
$92.6B
| $10.9M | 0.01% |
390,891
-131,898
| -25% | -$4.06M |
|
1770
CALL
Icahn Enterprises
IEP
$5.32B
| $10.9M | 0.01% |
121,700
+21,700
| +22% | +$2.05M |
|
1771
CALL
ProShares UltraPro QQQ
TQQQ
$37.2B
| $10.9M | ﹤0.01% |
5,078,400
-220,800
| -4% | -$468K |
|
1772
PUT
Pultegroup
PHM
$25B
| $10.9M | ﹤0.01% |
490,100
-468,500
| -49% | -$10.2M |
|
|
AEGR
1773
PUT
DELISTED
Aegerion Pharmaceuticals
AEGR
| $10.9M | ﹤0.01% |
416,000
-281,700
| -40% | -$7.17M |
|
1774
PUT
Franco-Nevada
FNV
$46.5B
| $10.9M | ﹤0.01% |
224,100
+87,000
| +63% | +$4.53M |
|
1775
CALL
Herc Holdings
HRI
$5.82B
| $10.9M | ﹤0.01% |
166,933
-517,900
| -76% | -$34.6M |
|
Similar funds
Susquehanna International Group's Q1 2015 Portfolio in Review
As of Q1 2015, Susquehanna International Group held 10,735 positions worth $220B, down 13% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group withdrew a net $35.6B in Q1 2015, closing 1,393 positions and reducing 4,492 holdings. Its most notable exit was RF MICRO DEVICES INC, an estimated $38.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.5% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in AB InBev worth $97.4M.
- Susquehanna International Group's largest Q1 2015 buy was AB InBev: 798,828 shares worth $97.4M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $1.58B increase.
- Susquehanna International Group's biggest Q1 2015 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $456M.
- Susquehanna International Group fully exited RF MICRO DEVICES INC in Q1 2015, selling an estimated $38.3M.
- Susquehanna International Group's ten largest holdings make up 25% of its $220B portfolio in Q1 2015.
- Susquehanna International Group opened 1,178 new positions and closed 1,393 in Q1 2015.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $220B.
Based on Susquehanna International Group's 13F filing for Q1 2015, filed 15 May 2015.