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 | |
|---|---|---|---|---|---|---|
2176
PUT
Lennox International
LII
$14.9B
| $5.46M | ﹤0.01% |
40,400
+31,200
| +339% | +$3.86M |
|
2177
World Kinect Corp
WKC
$1.88B
| $5.46M | ﹤0.01% |
112,356
-24,478
| -18% | -$1.05M |
|
2178
DigitalBridge
DBRG
$2.95B
| $5.46M | ﹤0.01% |
120,199
+7,415
| +7% | +$328K |
|
2179
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $5.46M | ﹤0.01% |
109,571
-92,980
| -46% | -$4.37M |
|
|
EGRX
2180
CALL
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.46M | ﹤0.01% |
134,700
+117,000
| +661% | +$7.42M |
|
2181
Assured Guaranty
AGO
$3.31B
| $5.45M | ﹤0.01% |
215,399
+155,164
| +258% | +$3.82M |
|
2182
CALL
KKR & Co
KKR
$99.6B
| $5.44M | ﹤0.01% |
370,600
+15,300
| +4% | +$208K |
|
|
CAM
2183
PUT
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $5.44M | ﹤0.01% |
81,200
-102,000
| -56% | -$6.55M |
|
|
SRG
2184
PUT
Seritage Growth Properties
SRG
$135M
| $5.44M | ﹤0.01% |
+108,900
| New | +$4.52M |
|
|
ACG
2185
DELISTED
AllianceBernstein Income Fund Inc
ACG
| $5.44M | ﹤0.01% |
692,773
-272,455
| -28% | -$2.1M |
|
|
VQT
2186
DELISTED
iPath S&P VEQTOR ETN
VQT
| $5.43M | ﹤0.01% |
38,783
+32,148
| +485% | +$4.35M |
|
2187
CALL
Kinross Gold
KGC
$32.3B
| $5.43M | ﹤0.01% |
1,596,500
+47,700
| +3% | +$118K |
|
2188
iShares Micro-Cap ETF
IWC
$1.49B
| $5.42M | ﹤0.01% |
79,771
+39,504
| +98% | +$2.55M |
|
2189
Vanguard Consumer Discretionary ETF
VCR
$6.15B
| $5.41M | ﹤0.01% |
+43,645
| New | +$5.08M |
|
2190
CALL
Gen Digital
GEN
$17.4B
| $5.41M | ﹤0.01% |
294,400
-1,445,300
| -83% | -$27.8M |
|
2191
Take-Two Interactive
TTWO
$46.8B
| $5.41M | ﹤0.01% |
143,595
-75,824
| -35% | -$2.63M |
|
|
BKS
2192
CALL
DELISTED
Barnes & Noble
BKS
| $5.41M | ﹤0.01% |
437,400
+50,000
| +13% | +$490K |
|
|
RAX
2193
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $5.4M | ﹤0.01% |
250,300
-196,200
| -44% | -$4M |
|
|
ANAC
2194
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $5.4M | ﹤0.01% |
101,038
+12,695
| +14% | +$937K |
|
|
CNL
2195
PUT
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $5.39M | ﹤0.01% |
97,700
+82,300
| +534% | +$4.18M |
|
2196
Equifax
EFX
$21.4B
| $5.38M | ﹤0.01% |
47,117
-31,803
| -40% | -$3.35M |
|
2197
Bunge Global
BG
$21.4B
| $5.38M | ﹤0.01% |
95,007
+35,868
| +61% | +$2.05M |
|
2198
iShares US Pharmaceuticals ETF
IHE
$1.65B
| $5.38M | ﹤0.01% |
117,945
+109,677
| +1,327% | +$5.13M |
|
2199
PUT
H&R Block
HRB
$5.92B
| $5.38M | ﹤0.01% |
203,700
-190,100
| -48% | -$5.97M |
|
2200
ScottsMiracle-Gro
SMG
$3.61B
| $5.38M | ﹤0.01% |
73,911
+30,264
| +69% | +$2.06M |
|
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.