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 | |
|---|---|---|---|---|---|---|
|
VA
2076
PUT
DELISTED
Virgin America Inc.
VA
| $5.95M | ﹤0.01% |
154,200
+106,400
| +223% | +$3.31M |
|
|
PF
2077
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $5.94M | ﹤0.01% |
133,000
+114,400
| +615% | +$4.93M |
|
2078
PUT
Bank of Montreal
BMO
$127B
| $5.93M | ﹤0.01% |
97,800
+66,800
| +215% | +$3.66M |
|
2079
Conagra Brands
CAG
$7.14B
| $5.93M | ﹤0.01% |
170,796
-142,188
| -45% | -$4.61M |
|
|
GNC
2080
CALL
DELISTED
GNC Holdings, Inc.
GNC
| $5.93M | ﹤0.01% |
186,800
-130,200
| -41% | -$3.73M |
|
|
CORE
2081
PUT
DELISTED
Core Mark Holding Co., Inc.
CORE
| $5.93M | ﹤0.01% |
145,400
+116,400
| +401% | +$4.47M |
|
|
WPZ
2082
CALL
DELISTED
Williams Partners L.P.
WPZ
| $5.93M | ﹤0.01% |
289,800
+67,400
| +30% | +$1.32M |
|
2083
PBF Energy
PBF
$8.14B
| $5.92M | ﹤0.01% |
178,460
-137,342
| -43% | -$4.39M |
|
2084
Markel Group
MKL
$22.9B
| $5.92M | ﹤0.01% |
6,640
+5,364
| +420% | +$4.61M |
|
|
RAX
2085
PUT
DELISTED
Rackspace Hosting Inc
RAX
| $5.91M | ﹤0.01% |
273,800
+69,700
| +34% | +$1.42M |
|
2086
PUT
Direxion Daily Energy Bear 2X ETF
ERY
$36.7M
| $5.91M | ﹤0.01% |
5,360
-990
| -16% | -$1.49M |
|
2087
PUT
Toronto Dominion Bank
TD
$201B
| $5.9M | ﹤0.01% |
136,700
-4,900
| -3% | -$189K |
|
2088
CALL
Groupon
GRPN
$867M
| $5.89M | ﹤0.01% |
73,770
+46,775
| +173% | +$3.23M |
|
|
ENDP
2089
DELISTED
Endo International plc
ENDP
| $5.88M | ﹤0.01% |
209,013
+153,077
| +274% | +$7.23M |
|
2090
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.4M
| $5.88M | ﹤0.01% |
55
+17
| +45% | +$2.18M |
|
2091
Vanguard Russell 3000 ETF
VTHR
$4.84B
| $5.88M | ﹤0.01% |
62,600
+19,125
| +44% | +$1.7M |
|
2092
PUT
Verisk Analytics
VRSK
$23.5B
| $5.87M | ﹤0.01% |
73,500
+55,700
| +313% | +$4.07M |
|
2093
Cheesecake Factory
CAKE
$5.62B
| $5.87M | ﹤0.01% |
110,603
-3,707
| -3% | -$183K |
|
2094
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.2B
| $5.87M | ﹤0.01% |
+144,264
| New | +$5.51M |
|
|
ADPT
2095
CALL
DELISTED
Adeptus Health Inc
ADPT
| $5.87M | ﹤0.01% |
105,600
+56,600
| +116% | +$2.93M |
|
2096
CALL
Vishay Intertechnology
VSH
$5.1B
| $5.86M | ﹤0.01% |
480,200
+271,000
| +130% | +$3.11M |
|
2097
PUT
Xerox
XRX
$422M
| $5.86M | ﹤0.01% |
199,238
-255,707
| -56% | -$6.59M |
|
|
TIVO
2098
CALL
DELISTED
Tivo Inc
TIVO
| $5.85M | ﹤0.01% |
285,300
+179,400
| +169% | +$3.57M |
|
|
EQM
2099
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $5.85M | ﹤0.01% |
78,600
-4,400
| -5% | -$309K |
|
2100
CALL
Factset
FDS
$10.1B
| $5.85M | ﹤0.01% |
38,600
-9,300
| -19% | -$1.39M |
|
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.