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 | |
|---|---|---|---|---|---|---|
2001
PUT
Sensata Technologies
ST
$6.8B
| $6.32M | ﹤0.01% |
162,600
+86,700
| +114% | +$3.14M |
|
2002
Andersons Inc
ANDE
$2.23B
| $6.31M | ﹤0.01% |
200,883
+20,051
| +11% | +$570K |
|
|
PRA
2003
DELISTED
ProAssurance
PRA
| $6.31M | ﹤0.01% |
124,683
+33,062
| +36% | +$1.63M |
|
2004
CALL
Ameriprise Financial
AMP
$49.7B
| $6.31M | ﹤0.01% |
67,100
-4,200
| -6% | -$377K |
|
|
THS
2005
PUT
DELISTED
Treehouse Foods
THS
| $6.31M | ﹤0.01% |
72,700
+52,000
| +251% | +$4.15M |
|
2006
CALL
ProShares UltraShort MidCap400
MZZ
$2.34M
| $6.3M | ﹤0.01% |
43,150
+31,625
| +274% | +$5.52M |
|
2007
CALL
VanEck Biotech ETF
BBH
$428M
| $6.29M | ﹤0.01% |
60,700
+27,900
| +85% | +$2.91M |
|
|
NS
2008
DELISTED
NuStar Energy L.P.
NS
| $6.29M | ﹤0.01% |
155,682
+26,673
| +21% | +$929K |
|
2009
Emcor
EME
$35.9B
| $6.27M | ﹤0.01% |
129,084
-10,682
| -8% | -$487K |
|
2010
PUT
T. Rowe Price
TROW
$24.4B
| $6.27M | ﹤0.01% |
85,300
-10,400
| -11% | -$722K |
|
2011
AerCap
AER
$23.6B
| $6.26M | ﹤0.01% |
161,608
+48,551
| +43% | +$1.67M |
|
2012
CALL
Popular Inc
BPOP
$11.2B
| $6.26M | ﹤0.01% |
218,700
+161,600
| +283% | +$4.23M |
|
|
WW
2013
DELISTED
WW International
WW
| $6.25M | ﹤0.01% |
429,755
+68,156
| +19% | +$926K |
|
2014
CALL
Boston Beer
SAM
$1.84B
| $6.24M | ﹤0.01% |
33,700
-18,000
| -35% | -$3.28M |
|
2015
State Street SPDR S&P Regional Banking ETF
KRE
$4.59B
| $6.23M | ﹤0.01% |
165,602
+38,948
| +31% | +$1.43M |
|
|
CA
2016
PUT
DELISTED
CA, Inc.
CA
| $6.23M | ﹤0.01% |
202,400
-20,900
| -9% | -$600K |
|
2017
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$100M
| $6.23M | ﹤0.01% |
9,450
-16,560
| -64% | -$10.4M |
|
|
CLR
2018
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $6.23M | ﹤0.01% |
205,199
-254,692
| -55% | -$5.75M |
|
|
GNC
2019
DELISTED
GNC Holdings, Inc.
GNC
| $6.23M | ﹤0.01% |
196,188
+102,406
| +109% | +$2.94M |
|
|
RLYP
2020
PUT
DELISTED
RELYPSA INC COM
RLYP
| $6.23M | ﹤0.01% |
459,600
-84,200
| -15% | -$1.43M |
|
2021
UGI
UGI
$7.31B
| $6.21M | ﹤0.01% |
154,259
+47,241
| +44% | +$1.71M |
|
2022
CALL
SolarEdge
SEDG
$2.01B
| $6.18M | ﹤0.01% |
246,000
+149,400
| +155% | +$3.91M |
|
|
VER
2023
DELISTED
VEREIT, Inc.
VER
| $6.18M | ﹤0.01% |
139,421
-104,836
| -43% | -$4.16M |
|
2024
PUT
Coty
COTY
$2.47B
| $6.18M | ﹤0.01% |
222,100
+7,900
| +4% | +$207K |
|
|
MRSH
2025
Marsh
MRSH
$91.4B
| $6.18M | ﹤0.01% |
101,640
-32,353
| -24% | -$1.81M |
|
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.