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 | |
|---|---|---|---|---|---|---|
2126
PUT
Edwards Lifesciences
EW
$54B
| $7.81M | ﹤0.01% |
328,800
-181,800
| -36% | -$4.08M |
|
2127
Qorvo
QRVO
$8.53B
| $7.8M | ﹤0.01% |
+97,912
| New | +$6.97M |
|
2128
CALL
ProShares Ultra NASDAQ Biotechnology
BIB
$87.9M
| $7.79M | ﹤0.01% |
98,400
+12,200
| +14% | +$905K |
|
|
STI.WS.A
2129
DELISTED
Suntrust Banks Inc
STI.WS.A
| $7.79M | ﹤0.01% |
756,400
| – | – |
|
2130
CALL
Cheesecake Factory
CAKE
$5.63B
| $7.78M | ﹤0.01% |
157,700
+93,300
| +145% | +$4.71M |
|
|
SGEN
2131
DELISTED
Seagen Inc. Common Stock
SGEN
| $7.78M | ﹤0.01% |
220,044
-119,075
| -35% | -$4.06M |
|
|
OA
2132
PUT
DELISTED
Orbital ATK, Inc.
OA
| $7.78M | ﹤0.01% |
101,500
+42,500
| +72% | +$4.02M |
|
|
NSR
2133
PUT
DELISTED
Neustar Inc
NSR
| $7.78M | ﹤0.01% |
315,900
-111,900
| -26% | -$2.82M |
|
|
EXPR
2134
CALL
DELISTED
Express, Inc.
EXPR
| $7.77M | ﹤0.01% |
23,490
-17,520
| -43% | -$5.07M |
|
2135
Cummins
CMI
$87.1B
| $7.76M | ﹤0.01% |
55,948
-46,708
| -45% | -$6.58M |
|
2136
CALL
Westlake Corp
WLK
$10.3B
| $7.75M | ﹤0.01% |
107,800
+88,900
| +470% | +$5.7M |
|
|
RPTP
2137
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $7.75M | ﹤0.01% |
713,459
-271,978
| -28% | -$2.78M |
|
|
MXIM
2138
PUT
DELISTED
Maxim Integrated Products
MXIM
| $7.75M | ﹤0.01% |
222,700
-43,900
| -16% | -$1.5M |
|
|
2139
Westlake Corp
WLK
$10.3B
| $7.74M | ﹤0.01% |
+107,597
| New | +$6.89M |
|
2140
PUT
Dover
DOV
$28.1B
| $7.74M | ﹤0.01% |
138,532
-75,271
| -35% | -$4.33M |
|
2141
CALL
Calumet Specialty Products
CLMT
$4.05B
| $7.72M | ﹤0.01% |
321,200
+242,000
| +306% | +$6.12M |
|
2142
PUT
Paychex
PAYX
$43.1B
| $7.72M | ﹤0.01% |
155,600
+20,900
| +16% | +$1.02M |
|
2143
PUT
Public Storage
PSA
$60.7B
| $7.71M | ﹤0.01% |
39,100
+18,900
| +94% | +$3.74M |
|
2144
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.27B
| $7.71M | ﹤0.01% |
+155,059
| New | +$7.75M |
|
2145
CALL
Tyler Technologies
TYL
$13.2B
| $7.7M | ﹤0.01% |
63,900
+38,400
| +151% | +$4.4M |
|
|
MIC
2146
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.7M | ﹤0.01% |
93,600
+8,000
| +9% | +$609K |
|
2147
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $7.69M | ﹤0.01% |
68,600
+65,900
| +2,441% | +$7.32M |
|
2148
CALL
Ingredion
INGR
$6.6B
| $7.67M | ﹤0.01% |
98,600
+55,900
| +131% | +$4.57M |
|
|
NUAN
2149
PUT
DELISTED
Nuance Communications, Inc.
NUAN
| $7.67M | ﹤0.01% |
617,579
-1,709,284
| -73% | -$20.6M |
|
|
AKRX
2150
PUT
DELISTED
Akorn Inc
AKRX
| $7.67M | ﹤0.01% |
161,500
+133,800
| +483% | +$6.07M |
|
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.