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 | |
|---|---|---|---|---|---|---|
1851
CALL
Check Point Software Technologies
CHKP
$13.1B
| $10.1M | ﹤0.01% |
123,500
-85,600
| -41% | -$6.92M |
|
1852
Cboe Global Markets
CBOE
$29.6B
| $10.1M | ﹤0.01% |
175,918
+88,379
| +101% | +$5.51M |
|
1853
PUT
Ecolab
ECL
$80B
| $10.1M | ﹤0.01% |
88,200
+58,100
| +193% | +$6.37M |
|
1854
PUT
Itaú Unibanco
ITUB
$84B
| $10.1M | ﹤0.01% |
2,272,929
-2,850,735
| -56% | -$13.9M |
|
|
MW
1855
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $10.1M | ﹤0.01% |
193,000
-20,100
| -9% | -$975K |
|
1856
CALL
Microchip Technology
MCHP
$44.5B
| $10.1M | ﹤0.01% |
411,800
+180,600
| +78% | +$4.36M |
|
1857
PUT
Meritage Homes
MTH
$4.79B
| $10.1M | ﹤0.01% |
413,600
+267,400
| +183% | +$5.4M |
|
|
SOHU
1858
PUT
Sohu.com
SOHU
$376M
| $10.1M | ﹤0.01% |
188,500
-55,200
| -23% | -$2.92M |
|
|
XEC
1859
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $10M | ﹤0.01% |
87,300
+18,500
| +27% | +$1.99M |
|
|
ACAS
1860
PUT
DELISTED
American Capital Ltd
ACAS
| $10M | ﹤0.01% |
679,000
-202,100
| -23% | -$2.96M |
|
1861
CALL
iShares Russell Mid-Cap ETF
IWR
$57.8B
| $10M | ﹤0.01% |
232,000
-27,200
| -10% | -$1.16M |
|
1862
Assured Guaranty
AGO
$3.35B
| $10M | ﹤0.01% |
380,159
-495,396
| -57% | -$12.8M |
|
1863
CALL
Strategy Inc
MSTR
$37.9B
| $10M | ﹤0.01% |
593,000
+26,000
| +5% | +$439K |
|
1864
PUT
Brown-Forman Class B
BF.B
$12.8B
| $10M | ﹤0.01% |
+346,563
| New | +$9.99M |
|
|
AFSI
1865
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $10M | ﹤0.01% |
351,412
+70,364
| +25% | +$1.9M |
|
|
INVN
1866
CALL
DELISTED
Invensense Inc
INVN
| $10M | ﹤0.01% |
657,900
-1,061,500
| -62% | -$16.7M |
|
|
PX
1867
CALL
DELISTED
Praxair Inc
PX
| $9.98M | ﹤0.01% |
82,700
+16,300
| +25% | +$2.04M |
|
1868
Plains All American Pipeline
PAA
$16.4B
| $9.98M | ﹤0.01% |
204,701
+12,084
| +6% | +$600K |
|
|
AFSI
1869
PUT
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $9.98M | ﹤0.01% |
350,400
-4,064,600
| -92% | -$110M |
|
1870
CALL
Illinois Tool Works
ITW
$84B
| $9.97M | ﹤0.01% |
102,600
-44,800
| -30% | -$4.32M |
|
1871
CALL
SAP
SAP
$241B
| $9.95M | ﹤0.01% |
137,800
+63,700
| +86% | +$4.36M |
|
1872
CALL
Cencora
COR
$62.8B
| $9.94M | ﹤0.01% |
87,400
-195,300
| -69% | -$19.6M |
|
1873
PUT
ProShares UltraShort Yen
YCS
$29.9M
| $9.93M | ﹤0.01% |
446,800
-206,800
| -32% | -$4.55M |
|
|
RTN
1874
DELISTED
Raytheon Company
RTN
| $9.93M | ﹤0.01% |
90,901
-93,509
| -51% | -$10.1M |
|
1875
CALL
Cleveland-Cliffs
CLF
$7.21B
| $9.93M | ﹤0.01% |
2,064,300
-3,159,500
| -60% | -$20.4M |
|
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.