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 | |
|---|---|---|---|---|---|---|
2076
PUT
QuidelOrtho
QDEL
$959M
| $8.14M | ﹤0.01% |
301,800
+294,900
| +4,274% | +$7.53M |
|
|
FSL
2077
CALL
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $8.14M | ﹤0.01% |
199,600
+73,300
| +58% | +$2.53M |
|
|
OUTR
2078
CALL
DELISTED
OUTERWALL INC
OUTR
| $8.13M | ﹤0.01% |
123,000
-104,900
| -46% | -$7.02M |
|
2079
PG&E
PCG
$38.1B
| $8.12M | ﹤0.01% |
153,061
+77,653
| +103% | +$4.29M |
|
2080
KeyCorp
KEY
$24.3B
| $8.11M | ﹤0.01% |
572,891
+277,311
| +94% | +$3.81M |
|
2081
Universal Display
OLED
$4.32B
| $8.11M | ﹤0.01% |
173,530
-120,456
| -41% | -$4.27M |
|
|
CEMP
2082
DELISTED
Cempra, Inc.
CEMP
| $8.11M | ﹤0.01% |
236,273
+221,168
| +1,464% | +$6.65M |
|
2083
Celldex Therapeutics
CLDX
$3.48B
| $8.09M | ﹤0.01% |
19,359
-25,714
| -57% | -$9.2M |
|
2084
PUT
Lincoln National
LNC
$8.51B
| $8.09M | ﹤0.01% |
140,700
-95,900
| -41% | -$5.36M |
|
2085
Smith & Wesson
SWBI
$638M
| $8.07M | ﹤0.01% |
825,313
-144,579
| -15% | -$1.38M |
|
2086
US Bancorp
USB
$100B
| $8.07M | ﹤0.01% |
184,897
-277,940
| -60% | -$12.2M |
|
2087
Travel + Leisure Co
TNL
$4.52B
| $8.07M | ﹤0.01% |
197,536
-67,223
| -25% | -$2.68M |
|
2088
Chemed
CHE
$7.02B
| $8.07M | ﹤0.01% |
67,556
-19,153
| -22% | -$2.13M |
|
|
DCH
2089
CALL
Dauch Corp
DCH
$1.64B
| $8.06M | ﹤0.01% |
312,200
-1,346,400
| -81% | -$33.1M |
|
|
ARMH
2090
CALL
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $8.05M | ﹤0.01% |
163,300
-108,300
| -40% | -$5.39M |
|
2091
CALL
Cracker Barrel
CBRL
$1.25B
| $8.03M | ﹤0.01% |
52,800
-33,800
| -39% | -$4.78M |
|
2092
PUT
Corpay
CPAY
$26.7B
| $8.03M | ﹤0.01% |
53,200
-51,800
| -49% | -$7.67M |
|
2093
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $8.02M | ﹤0.01% |
165,867
-3,997,131
| -96% | -$191M |
|
2094
CALL
Advanced Micro Devices
AMD
$774B
| $8.01M | ﹤0.01% |
2,988,400
+446,400
| +18% | +$1.26M |
|
2095
Intuit
INTU
$92B
| $8.01M | ﹤0.01% |
82,572
-65,194
| -44% | -$6.06M |
|
2096
CALL
PTC Therapeutics
PTCT
$6.15B
| $8M | ﹤0.01% |
131,400
+127,500
| +3,269% | +$7.78M |
|
2097
PUT
TJX Companies
TJX
$172B
| $7.99M | ﹤0.01% |
228,200
-31,800
| -12% | -$1.08M |
|
2098
Unilever
UL
$134B
| $7.99M | ﹤0.01% |
170,201
+79,238
| +87% | +$3.8M |
|
2099
PUT
Hilton Worldwide
HLT
$70.8B
| $7.97M | ﹤0.01% |
89,700
-75,167
| -46% | -$6.21M |
|
2100
Charles River Laboratories
CRL
$13.5B
| $7.96M | ﹤0.01% |
100,404
-3,491
| -3% | -$258K |
|
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.