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 | |
|---|---|---|---|---|---|---|
2051
Perrigo
PRGO
$1.78B
| $8.3M | ﹤0.01% |
50,123
+22,136
| +79% | +$3.53M |
|
|
DNY
2052
CALL
DELISTED
DONNELLEY R R & SONS CO
DNY
| $8.29M | ﹤0.01% |
432,200
-34,800
| -7% | -$668K |
|
|
SYT
2053
CALL
DELISTED
Syngenta Ag
SYT
| $8.29M | ﹤0.01% |
122,300
+72,600
| +146% | +$4.89M |
|
|
SRCL
2054
CALL
DELISTED
Stericycle Inc
SRCL
| $8.29M | ﹤0.01% |
59,000
-6,800
| -10% | -$918K |
|
|
ANAC
2055
PUT
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $8.28M | ﹤0.01% |
143,200
-6,200
| -4% | -$263K |
|
|
DYAX
2056
CALL
DELISTED
DYAX CORPORATION
DYAX
| $8.26M | ﹤0.01% |
493,200
+480,200
| +3,694% | +$7.47M |
|
2057
iShares MSCI Taiwan ETF
EWT
$11.2B
| $8.25M | ﹤0.01% |
261,916
+192,875
| +279% | +$6.02M |
|
2058
Bread Financial
BFH
$4.36B
| $8.23M | ﹤0.01% |
34,828
+10,358
| +42% | +$2.37M |
|
|
KS
2059
CALL
DELISTED
KapStone Paper and Pack Corp.
KS
| $8.23M | ﹤0.01% |
250,700
+67,300
| +37% | +$2.14M |
|
2060
PUT
Tower Semiconductor
TSEM
$28.2B
| $8.23M | ﹤0.01% |
484,800
+222,000
| +84% | +$3.4M |
|
2061
KKR & Co
KKR
$99.6B
| $8.23M | ﹤0.01% |
360,713
-724,756
| -67% | -$17.1M |
|
2062
iShares Russell 2000 Growth ETF
IWO
$14.9B
| $8.23M | ﹤0.01% |
54,283
-319,624
| -85% | -$46.6M |
|
2063
Vanguard FTSE Pacific ETF
VPL
$8.42B
| $8.21M | ﹤0.01% |
134,061
+129,681
| +2,961% | +$7.71M |
|
|
WNR
2064
CALL
DELISTED
Western Refining Inc
WNR
| $8.21M | ﹤0.01% |
166,300
-800
| -0.5% | -$33.4K |
|
|
ATCO
2065
PUT
DELISTED
Atlas Corp.
ATCO
| $8.21M | ﹤0.01% |
450,100
-82,900
| -16% | -$1.52M |
|
2066
Gen Digital
GEN
$17.4B
| $8.21M | ﹤0.01% |
351,220
-145,535
| -29% | -$3.63M |
|
2067
PUT
Realty Income
O
$58.6B
| $8.2M | ﹤0.01% |
164,088
+64,603
| +65% | +$3.23M |
|
2068
PUT
Open Text
OTEX
$5.81B
| $8.2M | ﹤0.01% |
310,200
+99,200
| +47% | +$2.84M |
|
2069
CALL
United States Gasoline Fund
UGA
$137M
| $8.19M | ﹤0.01% |
235,200
-99,100
| -30% | -$3.4M |
|
2070
PUT
Regions Financial
RF
$26.9B
| $8.19M | ﹤0.01% |
866,200
-211,000
| -20% | -$2M |
|
|
VALE.P
2071
DELISTED
Vale S A
VALE.P
| $8.19M | ﹤0.01% |
1,687,732
+1,358,139
| +412% | +$8.59M |
|
|
2072
PUT
Bread Financial
BFH
$4.36B
| $8.18M | ﹤0.01% |
34,583
-6,641
| -16% | -$1.52M |
|
|
KRFT
2073
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $8.16M | ﹤0.01% |
93,691
-120,725
| -56% | -$7.97M |
|
2074
General Dynamics
GD
$106B
| $8.15M | ﹤0.01% |
60,075
-67,102
| -53% | -$9.2M |
|
|
SHLD
2075
DELISTED
Sears Holding Corporation
SHLD
| $8.15M | ﹤0.01% |
196,983
+134,049
| +213% | +$4.87M |
|
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.