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 | |
|---|---|---|---|---|---|---|
|
WCC
1926
CALL
WESCO International
WCC
$17.9B
| $6.74M | ﹤0.01% |
123,200
+72,000
| +141% | +$3.2M |
|
1927
Trane Technologies
TT
$105B
| $6.73M | ﹤0.01% |
108,559
+51,600
| +91% | +$2.81M |
|
|
CBM
1928
PUT
DELISTED
Cambrex Corporation
CBM
| $6.73M | ﹤0.01% |
153,000
+700
| +0.5% | +$27.6K |
|
1929
PUT
Axos Financial
AX
$5.63B
| $6.73M | ﹤0.01% |
315,400
-199,900
| -39% | -$3.62M |
|
1930
PUT
iShares MSCI United Kingdom ETF
EWU
$4.15B
| $6.72M | ﹤0.01% |
214,400
+132,050
| +160% | +$4M |
|
|
GGP
1931
CALL
DELISTED
GGP Inc.
GGP
| $6.71M | ﹤0.01% |
225,800
-61,700
| -21% | -$1.7M |
|
|
TYC
1932
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $6.71M | ﹤0.01% |
174,610
+80,931
| +86% | +$2.89M |
|
1933
PUT
C.H. Robinson
CHRW
$17.3B
| $6.7M | ﹤0.01% |
90,300
-19,900
| -18% | -$1.37M |
|
1934
CALL
iShares US Home Construction ETF
ITB
$2.35B
| $6.7M | ﹤0.01% |
247,500
-192,400
| -44% | -$4.73M |
|
1935
State Street SPDR S&P China ETF
GXC
$486M
| $6.7M | ﹤0.01% |
95,932
+73,679
| +331% | +$4.79M |
|
|
HIMX
1936
Himax Technologies
HIMX
$2.57B
| $6.68M | ﹤0.01% |
594,189
-183,269
| -24% | -$1.61M |
|
|
SA
1937
PUT
Seabridge Gold
SA
$3.36B
| $6.68M | ﹤0.01% |
609,300
+335,000
| +122% | +$2.92M |
|
1938
CALL
Dick's Sporting Goods
DKS
$19.2B
| $6.67M | ﹤0.01% |
142,700
-36,600
| -20% | -$1.49M |
|
|
BSCI
1939
DELISTED
Invesco BulletShares 2018 Corporate Bond ETF
BSCI
| $6.66M | ﹤0.01% |
315,847
+298,376
| +1,708% | +$6.27M |
|
|
STOR
1940
DELISTED
STORE Capital Corporation
STOR
| $6.66M | ﹤0.01% |
257,441
+137,299
| +114% | +$3.37M |
|
1941
CALL
Amphenol
APH
$207B
| $6.66M | ﹤0.01% |
460,800
+221,200
| +92% | +$2.87M |
|
1942
Blackrock
BLK
$175B
| $6.66M | ﹤0.01% |
19,554
-4,912
| -20% | -$1.56M |
|
1943
CALL
Tractor Supply
TSCO
$18B
| $6.65M | ﹤0.01% |
367,500
-421,000
| -53% | -$7.21M |
|
1944
Harley-Davidson
HOG
$2.72B
| $6.64M | ﹤0.01% |
129,313
-47,852
| -27% | -$2.09M |
|
1945
Vanguard Morningstar Small-Cap ETF
VB
$82.5B
| $6.61M | ﹤0.01% |
+59,287
| New | +$6.14M |
|
|
SINA
1946
CALL
DELISTED
Sina Corp
SINA
| $6.6M | ﹤0.01% |
139,400
-687,800
| -83% | -$30.9M |
|
|
BWP
1947
CALL
DELISTED
Boardwalk Pipeline Partners
BWP
| $6.6M | ﹤0.01% |
447,700
-310,300
| -41% | -$3.78M |
|
|
WPZ
1948
DELISTED
Williams Partners L.P.
WPZ
| $6.6M | ﹤0.01% |
322,562
-80,272
| -20% | -$1.57M |
|
1949
PUT
Travelers Companies
TRV
$78.3B
| $6.59M | ﹤0.01% |
56,500
-21,400
| -27% | -$2.34M |
|
|
1950
C.H. Robinson
CHRW
$17.3B
| $6.59M | ﹤0.01% |
88,781
-13,617
| -13% | -$934K |
|
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.