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 | |
|---|---|---|---|---|---|---|
|
CVC
1826
PUT
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $7.41M | ﹤0.01% |
224,500
-133,000
| -37% | -$4.29M |
|
1827
CALL
Urban Outfitters
URBN
$6.81B
| $7.4M | ﹤0.01% |
223,600
-23,900
| -10% | -$632K |
|
1828
Ares Capital
ARCC
$14.3B
| $7.4M | ﹤0.01% |
498,403
+317,704
| +176% | +$4.38M |
|
|
AVP
1829
CALL
DELISTED
Avon Products, Inc.
AVP
| $7.39M | ﹤0.01% |
1,536,300
+1,268,000
| +473% | +$4.53M |
|
|
NRF
1830
PUT
DELISTED
NorthStar Realty Finance Corp.
NRF
| $7.39M | ﹤0.01% |
563,200
-266,600
| -32% | -$3.27M |
|
1831
CALL
PBF Energy
PBF
$7.86B
| $7.39M | ﹤0.01% |
222,500
+143,500
| +182% | +$4.59M |
|
1832
CALL
TE Connectivity
TEL
$62B
| $7.39M | ﹤0.01% |
119,300
+85,800
| +256% | +$4.98M |
|
|
ULTI
1833
CALL
DELISTED
Ultimate Software Group Inc
ULTI
| $7.37M | ﹤0.01% |
38,100
-39,200
| -51% | -$6.82M |
|
1834
CALL
Liberty Global Class C
LBTYK
$3.41B
| $7.37M | ﹤0.01% |
226,022
-248,487
| -52% | -$7.56M |
|
|
PNC.WS
1835
DELISTED
PNC Financial Services Group Inc
PNC.WS
| $7.37M | ﹤0.01% |
362,761
| – | – |
|
|
TLRD
1836
CALL
DELISTED
Tailored Brands, Inc.
TLRD
| $7.36M | ﹤0.01% |
+411,300
| New | +$6.34M |
|
1837
PUT
Dillards
DDS
$9.9B
| $7.34M | ﹤0.01% |
86,500
-53,600
| -38% | -$4.02M |
|
1838
PUT
PACCAR
PCAR
$69.1B
| $7.34M | ﹤0.01% |
201,450
+21,450
| +12% | +$718K |
|
|
RLYP
1839
DELISTED
RELYPSA INC COM
RLYP
| $7.33M | ﹤0.01% |
541,088
-266,577
| -33% | -$4.53M |
|
|
XYZ
1840
PUT
Block Inc
XYZ
$47.5B
| $7.32M | ﹤0.01% |
479,300
+225,700
| +89% | +$2.44M |
|
1841
NOV
NOV
$7.38B
| $7.32M | ﹤0.01% |
235,411
+41,345
| +21% | +$1.26M |
|
1842
Corpay
CPAY
$26.2B
| $7.31M | ﹤0.01% |
49,140
+6,250
| +15% | +$812K |
|
1843
CALL
Insulet
PODD
$9.91B
| $7.3M | ﹤0.01% |
220,300
+181,200
| +463% | +$5.69M |
|
1844
CALL
Aon
AON
$75.7B
| $7.3M | ﹤0.01% |
69,900
+7,600
| +12% | +$712K |
|
|
SOHU
1845
PUT
Sohu.com
SOHU
$376M
| $7.29M | ﹤0.01% |
147,100
-82,600
| -36% | -$4M |
|
1846
CALL
M&T Bank
MTB
$36.3B
| $7.26M | ﹤0.01% |
65,400
+4,600
| +8% | +$499K |
|
1847
CALL
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.87B
| $7.26M | ﹤0.01% |
279,600
-421,000
| -60% | -$10.7M |
|
1848
CALL
Moody's
MCO
$82.8B
| $7.25M | ﹤0.01% |
75,100
+18,400
| +32% | +$1.65M |
|
1849
Invesco S&P 500 Pure Value ETF
RPV
$1.72B
| $7.23M | ﹤0.01% |
143,024
+110,155
| +335% | +$5.16M |
|
|
HA
1850
DELISTED
Hawaiian Holdings, Inc.
HA
| $7.22M | ﹤0.01% |
152,985
-122,873
| -45% | -$4.76M |
|
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.