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 | |
|---|---|---|---|---|---|---|
|
WRK
1901
PUT
DELISTED
WestRock Company
WRK
| $6.91M | ﹤0.01% |
196,563
+184,354
| +1,510% | +$6.01M |
|
1902
CALL
Valmont Industries
VMI
$9.5B
| $6.9M | ﹤0.01% |
55,700
+32,100
| +136% | +$3.56M |
|
1903
PUT
Open Text
OTEX
$5.99B
| $6.89M | ﹤0.01% |
266,200
+73,000
| +38% | +$1.76M |
|
1904
CALL
Hilton Worldwide
HLT
$70B
| $6.89M | ﹤0.01% |
102,000
-66,200
| -39% | -$3.93M |
|
1905
PUT
Infosys
INFY
$50.9B
| $6.89M | ﹤0.01% |
724,400
-278,000
| -28% | -$2.42M |
|
1906
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $6.86M | ﹤0.01% |
54,500
+22,200
| +69% | +$2.77M |
|
1907
PUT
PPG Industries
PPG
$25.7B
| $6.86M | ﹤0.01% |
61,500
+42,200
| +219% | +$4.15M |
|
1908
PUT
Zillow
Z
$7.59B
| $6.85M | ﹤0.01% |
288,800
-491,900
| -63% | -$10.3M |
|
|
FAZ
1909
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$86M
| $6.85M | ﹤0.01% |
403
-83
| -17% | -$1.69M |
|
|
WPX
1910
CALL
DELISTED
WPX Energy, Inc.
WPX
| $6.84M | ﹤0.01% |
979,200
+670,900
| +218% | +$3.42M |
|
|
UN
1911
CALL
DELISTED
Unilever NV New York Registry Shares
UN
| $6.84M | ﹤0.01% |
153,200
+91,700
| +149% | +$3.95M |
|
1912
CALL
iShares Russell 1000 Growth ETF
IWF
$127B
| $6.82M | ﹤0.01% |
273,200
+141,600
| +108% | +$3.35M |
|
1913
CALL
LendingTree
TREE
$453M
| $6.82M | ﹤0.01% |
69,700
-126,000
| -64% | -$9.84M |
|
1914
Trinity Industries
TRN
$2.3B
| $6.81M | ﹤0.01% |
516,908
-468,296
| -48% | -$6.58M |
|
1915
PUT
Sempra
SRE
$55.1B
| $6.79M | ﹤0.01% |
130,600
+26,600
| +26% | +$1.28M |
|
|
MDCO
1916
CALL
DELISTED
Medicines Co
MDCO
| $6.79M | ﹤0.01% |
213,700
-3,800
| -2% | -$124K |
|
|
CEO
1917
DELISTED
CNOOC Limited
CEO
| $6.79M | ﹤0.01% |
58,000
-206,677
| -78% | -$21.6M |
|
1918
Eastman Chemical
EMN
$8.39B
| $6.79M | ﹤0.01% |
93,942
-62,093
| -40% | -$4.07M |
|
1919
PUT
Generac Holdings
GNRC
$12.2B
| $6.78M | ﹤0.01% |
182,000
+74,600
| +69% | +$2.4M |
|
|
BTU
1920
CALL
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $6.78M | ﹤0.01% |
2,921,300
-2,805,700
| -49% | -$10.4M |
|
1921
Crown Castle
CCI
$31.3B
| $6.77M | ﹤0.01% |
78,250
-8,896
| -10% | -$754K |
|
1922
CALL
NiSource
NI
$20B
| $6.76M | ﹤0.01% |
287,100
+149,100
| +108% | +$3.2M |
|
|
ZIONW
1923
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $6.75M | ﹤0.01% |
2,846,798
| – | – |
|
|
KITE
1924
PUT
DELISTED
Kite Pharma, Inc.
KITE
| $6.74M | ﹤0.01% |
146,900
-10,600
| -7% | -$513K |
|
1925
CALL
Vanguard FTSE Europe ETF
VGK
$31B
| $6.74M | ﹤0.01% |
137,800
-361,300
| -72% | -$16.9M |
|
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.