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 | |
|---|---|---|---|---|---|---|
|
WFT
2001
DELISTED
Weatherford International plc
WFT
| $8.63M | ﹤0.01% |
701,962
-5,893
| -0.8% | -$68.5K |
|
2002
CALL
Williams-Sonoma
WSM
$29.5B
| $8.63M | ﹤0.01% |
216,600
-226,800
| -51% | -$8.99M |
|
2003
Franco-Nevada
FNV
$46.4B
| $8.63M | ﹤0.01% |
+177,840
| New | +$9.25M |
|
2004
SM Energy
SM
$7.73B
| $8.63M | ﹤0.01% |
166,903
-282,427
| -63% | -$12.3M |
|
|
LLL
2005
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $8.62M | ﹤0.01% |
68,500
-35,700
| -34% | -$4.54M |
|
2006
CALL
Western Union
WU
$2.2B
| $8.62M | ﹤0.01% |
414,000
+175,100
| +73% | +$3.26M |
|
2007
PUT
Conagra Brands
CAG
$7.14B
| $8.61M | ﹤0.01% |
303,003
-106,912
| -26% | -$2.95M |
|
|
HSNI
2008
DELISTED
HSN, Inc.
HSNI
| $8.61M | ﹤0.01% |
126,221
-60,338
| -32% | -$4.25M |
|
2009
CALL
Align Technology
ALGN
$12.3B
| $8.6M | ﹤0.01% |
159,900
+80,000
| +100% | +$4.56M |
|
2010
CALL
Nabors Industries
NBR
$1.3B
| $8.6M | ﹤0.01% |
12,598
-4,248
| -25% | -$2.59M |
|
2011
XPO
XPO
$23.8B
| $8.6M | ﹤0.01% |
546,598
+323,406
| +145% | +$4.69M |
|
2012
PUT
American Electric Power
AEP
$67.3B
| $8.6M | ﹤0.01% |
152,800
-100,300
| -40% | -$5.95M |
|
2013
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.6B
| $8.57M | ﹤0.01% |
+179,423
| New | +$8.48M |
|
2014
Molina Healthcare
MOH
$10.2B
| $8.57M | ﹤0.01% |
127,327
+8,880
| +7% | +$513K |
|
|
PCP
2015
DELISTED
PRECISION CASTPARTS CORP
PCP
| $8.57M | ﹤0.01% |
40,797
+17,727
| +77% | +$3.76M |
|
2016
AngloGold Ashanti
AU
$49.3B
| $8.56M | ﹤0.01% |
917,038
+237,754
| +35% | +$2.55M |
|
2017
CALL
Genworth Financial
GNW
$3.7B
| $8.56M | ﹤0.01% |
1,171,100
-575,100
| -33% | -$4.38M |
|
|
SINA
2018
CALL
DELISTED
Sina Corp
SINA
| $8.56M | ﹤0.01% |
266,100
-655,300
| -71% | -$23.6M |
|
|
INFN
2019
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $8.55M | ﹤0.01% |
434,900
-105,500
| -20% | -$1.77M |
|
2020
CALL
Alto Ingredients
ALTO
$323M
| $8.54M | ﹤0.01% |
791,800
-103,500
| -12% | -$996K |
|
2021
DigitalBridge
DBRG
$2.95B
| $8.54M | ﹤0.01% |
91,506
-68,570
| -43% | -$6.21M |
|
|
ZOES
2022
CALL
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $8.52M | ﹤0.01% |
255,800
-28,600
| -10% | -$924K |
|
|
STI
2023
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $8.51M | ﹤0.01% |
207,000
-67,600
| -25% | -$2.74M |
|
|
SCHW
2024
Charles Schwab
SCHW
$186B
| $8.5M | ﹤0.01% |
279,180
-140,780
| -34% | -$4.08M |
|
2025
SPX Corp
SPXC
$10.9B
| $8.49M | ﹤0.01% |
396,917
+312,807
| +372% | +$6.72M |
|
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.