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 | |
|---|---|---|---|---|---|---|
1751
PUT
Cracker Barrel
CBRL
$1.25B
| $8.08M | ﹤0.01% |
52,900
-28,600
| -35% | -$3.95M |
|
1752
PUT
Regions Financial
RF
$26.8B
| $8.07M | ﹤0.01% |
1,028,400
-121,700
| -11% | -$979K |
|
1753
PUT
Ashland
ASH
$3.45B
| $8.07M | ﹤0.01% |
150,030
-90,549
| -38% | -$4.36M |
|
1754
CALL
Shake Shack
SHAK
$2.89B
| $8.06M | ﹤0.01% |
216,000
+85,500
| +66% | +$3.08M |
|
1755
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$238M
| $8.06M | ﹤0.01% |
34,260
-59,120
| -63% | -$11.7M |
|
|
HA
1756
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.04M | ﹤0.01% |
170,300
+43,600
| +34% | +$1.69M |
|
|
AXON
1757
PUT
Axon Enterprise
AXON
$48.4B
| $8.02M | ﹤0.01% |
408,600
-299,900
| -42% | -$5.15M |
|
|
HES
1758
DELISTED
Hess
HES
| $8.01M | ﹤0.01% |
152,165
-367,854
| -71% | -$16.3M |
|
1759
CALL
Sanofi
SNY
$104B
| $8.01M | ﹤0.01% |
199,400
-77,800
| -28% | -$3.13M |
|
1760
CALL
Cooper Companies
COO
$14.9B
| $8.01M | ﹤0.01% |
208,000
+37,200
| +22% | +$1.28M |
|
|
FLG
1761
Flagstar Bank National Association
FLG
$5.84B
| $7.99M | ﹤0.01% |
167,485
+103,121
| +160% | +$4.78M |
|
|
NAV
1762
CALL
DELISTED
Navistar International
NAV
| $7.99M | ﹤0.01% |
637,800
-2,600
| -0.4% | -$23.7K |
|
1763
CALL
Omnicom Group
OMC
$23.2B
| $7.98M | ﹤0.01% |
95,900
+10,600
| +12% | +$799K |
|
|
HAR
1764
PUT
DELISTED
Harman International Industries
HAR
| $7.97M | ﹤0.01% |
89,500
-2,900
| -3% | -$230K |
|
1765
EOG Resources
EOG
$74.6B
| $7.95M | ﹤0.01% |
109,591
-674,987
| -86% | -$46.6M |
|
1766
CALL
Itaú Unibanco
ITUB
$86.9B
| $7.95M | ﹤0.01% |
2,099,656
-327,627
| -13% | -$998K |
|
1767
Vail Resorts
MTN
$5.21B
| $7.95M | ﹤0.01% |
59,444
+37,349
| +169% | +$4.68M |
|
|
CYBR
1768
CALL
DELISTED
CyberArk
CYBR
| $7.95M | ﹤0.01% |
186,400
-20,100
| -10% | -$809K |
|
1769
CALL
iShares Semiconductor ETF
SOXX
$44.8B
| $7.94M | ﹤0.01% |
260,100
-28,800
| -10% | -$808K |
|
1770
CALL
NOV
NOV
$7.38B
| $7.94M | ﹤0.01% |
255,300
-519,000
| -67% | -$15.9M |
|
1771
PVH
PVH
$4.02B
| $7.94M | ﹤0.01% |
80,158
-19,976
| -20% | -$1.57M |
|
1772
CALL
Digital Realty Trust
DLR
$70.8B
| $7.94M | ﹤0.01% |
89,700
-800
| -0.9% | -$64.8K |
|
1773
Rio Tinto
RIO
$166B
| $7.93M | ﹤0.01% |
280,495
+265,952
| +1,829% | +$7.08M |
|
1774
PUT
Pacira BioSciences
PCRX
$974M
| $7.92M | ﹤0.01% |
149,500
-22,800
| -13% | -$1.33M |
|
1775
CALL
ProShares UltraShort QQQ
QID
$249M
| $7.91M | ﹤0.01% |
3,313
+2,523
| +319% | +$6.8M |
|
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.