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 | |
|---|---|---|---|---|---|---|
2051
CALL
Aptiv
APTV
$10.4B
| $6.08M | ﹤0.01% |
81,000
-293,100
| -78% | -$20.1M |
|
2052
Huntington Bancshares
HBAN
$35.9B
| $6.08M | ﹤0.01% |
637,044
+156,590
| +33% | +$1.44M |
|
2053
CALL
Mid-America Apartment Communities
MAA
$15.3B
| $6.07M | ﹤0.01% |
59,400
+10,300
| +21% | +$956K |
|
|
LXK
2054
PUT
DELISTED
Lexmark Intl Inc
LXK
| $6.07M | ﹤0.01% |
181,600
-54,800
| -23% | -$1.62M |
|
|
SPLS
2055
DELISTED
Staples Inc
SPLS
| $6.07M | ﹤0.01% |
550,310
-1,232,119
| -69% | -$11.6M |
|
2056
CALL
Restaurant Brands International
QSR
$25.6B
| $6.07M | ﹤0.01% |
156,300
+69,200
| +79% | +$2.41M |
|
2057
PUT
WisdomTree
WT
$3.37B
| $6.07M | ﹤0.01% |
530,900
-421,400
| -44% | -$5.06M |
|
2058
Essex Property Trust
ESS
$18.2B
| $6.07M | ﹤0.01% |
25,939
+4,442
| +21% | +$974K |
|
|
CST
2059
CALL
DELISTED
CST Brands, Inc.
CST
| $6.07M | ﹤0.01% |
158,400
+35,200
| +29% | +$1.29M |
|
2060
PUT
AstraZeneca
AZN
$247B
| $6.06M | ﹤0.01% |
107,650
-157,500
| -59% | -$9.46M |
|
2061
Invesco S&P 500 Low Volatility ETF
SPLV
$7.17B
| $6.06M | ﹤0.01% |
+150,197
| New | +$5.73M |
|
2062
Sensata Technologies
ST
$6.7B
| $6.04M | ﹤0.01% |
155,587
+136,321
| +708% | +$4.94M |
|
2063
CALL
Progressive
PGR
$124B
| $6.04M | ﹤0.01% |
171,800
-67,000
| -28% | -$2.14M |
|
2064
CALL
Radian Group
RDN
$4.9B
| $6.03M | ﹤0.01% |
486,500
+373,400
| +330% | +$4.23M |
|
2065
PUT
Boston Beer
SAM
$1.83B
| $6.03M | ﹤0.01% |
32,600
-11,300
| -26% | -$2.06M |
|
|
WLL
2066
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $6.03M | ﹤0.01% |
2,520
-2,135
| -46% | -$4.19M |
|
2067
Polaris
PII
$4.02B
| $6.02M | ﹤0.01% |
61,148
-33,721
| -36% | -$2.92M |
|
|
BERY
2068
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $6M | ﹤0.01% |
180,774
+64,251
| +55% | +$1.87M |
|
|
CS
2069
DELISTED
Credit Suisse Group
CS
| $6M | ﹤0.01% |
424,689
+411,028
| +3,009% | +$6.53M |
|
2070
CME Group
CME
$93.5B
| $5.99M | ﹤0.01% |
62,310
-86,045
| -58% | -$7.83M |
|
|
TSRO
2071
PUT
DELISTED
TESARO, Inc.
TSRO
| $5.98M | ﹤0.01% |
135,900
+118,800
| +695% | +$4.77M |
|
2072
Wheaton Precious Metals
WPM
$60.8B
| $5.98M | ﹤0.01% |
360,832
-30,500
| -8% | -$442K |
|
|
PSB
2073
DELISTED
PS Business Parks, Inc.
PSB
| $5.97M | ﹤0.01% |
59,447
+21,679
| +57% | +$1.98M |
|
|
CAVM
2074
CALL
DELISTED
Cavium, Inc.
CAVM
| $5.97M | ﹤0.01% |
97,600
+15,500
| +19% | +$895K |
|
2075
CALL
Hain Celestial
HAIN
$50.3M
| $5.95M | ﹤0.01% |
145,400
+29,200
| +25% | +$1.1M |
|
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.