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 | |
|---|---|---|---|---|---|---|
2026
iShares S&P 100 ETF
OEF
$20.4B
| $8.48M | ﹤0.01% |
94,010
+30,231
| +47% | +$2.75M |
|
|
GHDX
2027
PUT
DELISTED
Genomic Health, Inc.
GHDX
| $8.48M | ﹤0.01% |
+277,700
| New | +$8.83M |
|
2028
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$308M
| $8.45M | ﹤0.01% |
201,753
+42,510
| +27% | +$1.81M |
|
2029
Boston Beer
SAM
$1.85B
| $8.44M | ﹤0.01% |
31,555
+21,018
| +199% | +$6.09M |
|
2030
PUT
Banco Bradesco
BBD
$35B
| $8.44M | ﹤0.01% |
1,932,334
-1,419,666
| -42% | -$6.96M |
|
2031
CALL
ProShares Trust UltraShort MSCI Japan
EWV
$5.12M
| $8.43M | ﹤0.01% |
40,925
-450
| -1% | -$104K |
|
2032
CALL
Opko Health
OPK
$1.04B
| $8.43M | ﹤0.01% |
595,000
-1,681,100
| -74% | -$21.9M |
|
|
SIX
2033
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.43M | ﹤0.01% |
174,090
+806
| +0.5% | +$36.7K |
|
2034
PUT
FirstEnergy
FE
$27.1B
| $8.42M | ﹤0.01% |
240,200
-246,300
| -51% | -$9.21M |
|
2035
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$287M
| – | – |
0
| – | – |
|
|
PPLI
2036
PUT
People Inc
PPLI
$2.97B
| $8.41M | ﹤0.01% |
697,747
-80,015
| -10% | -$926K |
|
2037
PUT
Genworth Financial
GNW
$3.7B
| $8.41M | ﹤0.01% |
1,150,700
-245,300
| -18% | -$1.87M |
|
2038
Vanguard Long-Term Bond ETF
BLV
$5.7B
| $8.41M | ﹤0.01% |
87,331
+81,531
| +1,406% | +$7.86M |
|
2039
CALL
Waters Corp
WAT
$40.7B
| $8.4M | ﹤0.01% |
67,600
+6,200
| +10% | +$740K |
|
2040
CALL
Masco
MAS
$15B
| $8.39M | ﹤0.01% |
357,446
-34,481
| -9% | -$783K |
|
|
HSP
2041
PUT
DELISTED
HOSPIRA INC
HSP
| $8.38M | ﹤0.01% |
95,400
+76,200
| +397% | +$5.97M |
|
2042
Abbott
ABT
$190B
| $8.38M | ﹤0.01% |
180,816
-480,170
| -73% | -$22.1M |
|
2043
Incyte
INCY
$24.5B
| $8.38M | ﹤0.01% |
91,394
+21,512
| +31% | +$1.78M |
|
|
ENH
2044
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $8.36M | ﹤0.01% |
136,782
+54,658
| +67% | +$3.42M |
|
|
DYAX
2045
PUT
DELISTED
DYAX CORPORATION
DYAX
| $8.36M | ﹤0.01% |
499,100
+484,600
| +3,342% | +$7.54M |
|
2046
Cencora
COR
$63.7B
| $8.35M | ﹤0.01% |
73,412
-45,502
| -38% | -$4.58M |
|
|
DNKN
2047
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.32M | ﹤0.01% |
174,939
-161,011
| -48% | -$7.47M |
|
2048
Carnival Corporation Ltd
CCL
$38B
| $8.32M | ﹤0.01% |
173,862
-206,287
| -54% | -$9.29M |
|
2049
PUT
AGCO
AGCO
$7.1B
| $8.31M | ﹤0.01% |
174,500
+120,600
| +224% | +$5.65M |
|
2050
PBF Energy
PBF
$8.22B
| $8.31M | ﹤0.01% |
244,993
+33,888
| +16% | +$983K |
|
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.