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 | |
|---|---|---|---|---|---|---|
|
TFCF
2026
CALL
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $6.18M | ﹤0.01% |
219,000
+41,000
| +23% | +$1.1M |
|
2027
PUT
Community Health Systems
CYH
$409M
| $6.17M | ﹤0.01% |
403,414
-663,080
| -62% | -$10.1M |
|
2028
PUT
Apollo Global Management
APO
$81.1B
| $6.17M | ﹤0.01% |
360,100
+121,700
| +51% | +$1.82M |
|
2029
PUT
Burlington
BURL
$23B
| $6.16M | ﹤0.01% |
109,600
+48,500
| +79% | +$2.53M |
|
2030
PUT
Lear
LEA
$8.15B
| $6.16M | ﹤0.01% |
55,400
+47,500
| +601% | +$5.03M |
|
2031
PUT
Protolabs
PRLB
$2.17B
| $6.16M | ﹤0.01% |
79,900
-37,000
| -32% | -$2.39M |
|
2032
Cal-Maine
CALM
$3.87B
| $6.16M | ﹤0.01% |
118,637
-18,243
| -13% | -$910K |
|
2033
PUT
Albemarle
ALB
$15.3B
| $6.16M | ﹤0.01% |
96,300
+46,900
| +95% | +$2.57M |
|
2034
Amphenol
APH
$208B
| $6.15M | ﹤0.01% |
425,748
+199,572
| +88% | +$2.59M |
|
2035
Dick's Sporting Goods
DKS
$18.3B
| $6.15M | ﹤0.01% |
131,610
+95,860
| +268% | +$3.89M |
|
|
STI
2036
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $6.15M | ﹤0.01% |
170,400
+101,800
| +148% | +$3.67M |
|
2037
PUT
Vornado Realty Trust
VNO
$7.32B
| $6.15M | ﹤0.01% |
80,529
+37,110
| +85% | +$2.69M |
|
2038
Ubiquiti
UI
$34.6B
| $6.14M | ﹤0.01% |
184,573
-32,655
| -15% | -$1.01M |
|
2039
iShares US Utilities ETF
IDU
$1.36B
| $6.13M | ﹤0.01% |
99,210
+1,146
| +1% | +$65.9K |
|
|
TSL
2040
CALL
DELISTED
Trina Solar Limited
TSL
| $6.13M | ﹤0.01% |
616,800
-143,700
| -19% | -$1.43M |
|
2041
NetApp
NTAP
$39B
| $6.13M | ﹤0.01% |
224,577
-197,986
| -47% | -$4.8M |
|
|
XEC
2042
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $6.13M | ﹤0.01% |
63,000
-62,500
| -50% | -$5.49M |
|
2043
CALL
The Greenbrier Companies
GBX
$1.43B
| $6.12M | ﹤0.01% |
221,500
-58,500
| -21% | -$1.5M |
|
|
NPBC
2044
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $6.12M | ﹤0.01% |
574,845
+360,222
| +168% | +$4.1M |
|
2045
PUT
Snap-on
SNA
$21.4B
| $6.11M | ﹤0.01% |
38,900
+22,600
| +139% | +$3.46M |
|
2046
New Oriental
EDU
$8.85B
| $6.09M | ﹤0.01% |
175,958
-25,277
| -13% | -$790K |
|
|
INSY
2047
PUT
DELISTED
Insys Therapeutics, Inc.
INSY
| $6.09M | ﹤0.01% |
380,600
+84,200
| +28% | +$1.6M |
|
|
ARMH
2048
PUT
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $6.09M | ﹤0.01% |
139,300
-487,800
| -78% | -$20.4M |
|
|
SUNE
2049
PUT
DELISTED
SUNEDISON, INC COM
SUNE
| $6.08M | ﹤0.01% |
11,262,000
+2,871,200
| +34% | +$6.62M |
|
2050
Tapestry
TPR
$32.7B
| $6.08M | ﹤0.01% |
151,654
-1,189,246
| -89% | -$43.1M |
|
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.