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 | |
|---|---|---|---|---|---|---|
1951
CALL
Five Below
FIVE
$13B
| $9.1M | ﹤0.01% |
255,700
-2,200
| -0.9% | -$73.5K |
|
|
INFA
1952
PUT
DELISTED
INFORMATICA CORP
INFA
| $9.09M | ﹤0.01% |
207,200
+7,200
| +4% | +$300K |
|
|
SKX
1953
CALL
DELISTED
Skechers
SKX
| $9.07M | ﹤0.01% |
378,600
-241,500
| -39% | -$5.19M |
|
1954
CALL
Public Storage
PSA
$60.7B
| $9.07M | ﹤0.01% |
46,000
+5,800
| +14% | +$1.15M |
|
|
SBNY
1955
PUT
DELISTED
Signature Bank
SBNY
| $9.03M | ﹤0.01% |
69,700
+62,000
| +805% | +$7.7M |
|
|
RTI
1956
PUT
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $9.03M | ﹤0.01% |
+251,500
| New | +$7.05M |
|
1957
MannKind Corp
MNKD
$1.23B
| $9.02M | ﹤0.01% |
346,882
-39,749
| -10% | -$1.2M |
|
1958
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $9.02M | ﹤0.01% |
83,200
+8,200
| +11% | +$885K |
|
1959
CALL
M&T Bank
MTB
$36.4B
| $9.02M | ﹤0.01% |
71,000
+900
| +1% | +$109K |
|
1960
PUT
Entergy
ETR
$49.7B
| $9.01M | ﹤0.01% |
232,600
+7,000
| +3% | +$287K |
|
1961
PUT
Eastman Chemical
EMN
$8.55B
| $9.01M | ﹤0.01% |
130,100
-23,300
| -15% | -$1.68M |
|
1962
CALL
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $9M | ﹤0.01% |
295,000
-24,000
| -8% | -$710K |
|
1963
PUT
iShares MSCI Taiwan ETF
EWT
$11.2B
| $8.99M | ﹤0.01% |
285,150
+74,500
| +35% | +$2.32M |
|
1964
CALL
McCormick & Company Non-Voting
MKC
$14.2B
| $8.99M | ﹤0.01% |
233,200
+210,400
| +923% | +$7.81M |
|
1965
CALL
KKR & Co
KKR
$99.6B
| $8.97M | ﹤0.01% |
393,300
-170,900
| -30% | -$4.04M |
|
1966
Vanguard Dividend Appreciation ETF
VIG
$114B
| $8.97M | ﹤0.01% |
+111,447
| New | +$9.04M |
|
1967
PUT
Valmont Industries
VMI
$9.52B
| $8.95M | ﹤0.01% |
72,800
+17,300
| +31% | +$2.12M |
|
|
ALU
1968
DELISTED
Alcatel-Lucent
ALU
| $8.94M | ﹤0.01% |
2,397,407
-698,090
| -23% | -$2.57M |
|
|
NTI
1969
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $8.93M | ﹤0.01% |
352,591
-119,672
| -25% | -$2.76M |
|
1970
Jazz Pharmaceuticals
JAZZ
$16.1B
| $8.92M | ﹤0.01% |
51,626
-145
| -0.3% | -$24.9K |
|
1971
CALL
BorgWarner
BWA
$14.2B
| $8.91M | ﹤0.01% |
167,333
-381,923
| -70% | -$19.4M |
|
1972
iShares MSCI Thailand ETF
THD
$354M
| $8.9M | ﹤0.01% |
112,173
+106,752
| +1,969% | +$8.55M |
|
|
RKT
1973
CALL
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $8.9M | ﹤0.01% |
138,000
-629,800
| -82% | -$41.3M |
|
|
OA
1974
DELISTED
Orbital ATK, Inc.
OA
| $8.89M | ﹤0.01% |
115,987
+86,900
| +299% | +$8.22M |
|
1975
Humana
HUM
$44.8B
| $8.88M | ﹤0.01% |
49,902
-59,494
| -54% | -$9.42M |
|
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.