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 | |
|---|---|---|---|---|---|---|
201
CALL
Skyworks Solutions
SWKS
$10.6B
| $196M | 0.09% |
1,997,300
+761,700
| +62% | +$65M |
|
202
CALL
eBay
EBAY
$49.8B
| $195M | 0.09% |
8,038,483
-2,823,639
| -26% | -$67.3M |
|
203
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.46B
| $195M | 0.09% |
4,339,200
+403,600
| +10% | +$16.5M |
|
204
PUT
Morgan Stanley
MS
$340B
| $194M | 0.09% |
5,434,200
-1,793,700
| -25% | -$64.4M |
|
205
CALL
Occidental Petroleum
OXY
$55.9B
| $193M | 0.09% |
2,643,093
-3,548,933
| -57% | -$274M |
|
|
AGN
206
DELISTED
Allergan plc
AGN
| $192M | 0.09% |
645,999
+336,162
| +108% | +$95.8M |
|
207
PUT
Bristol-Myers Squibb
BMY
$132B
| $192M | 0.09% |
2,974,500
-863,500
| -22% | -$54.1M |
|
208
PUT
Herbalife
HLF
$1.29B
| $188M | 0.09% |
8,796,400
-1,926,200
| -18% | -$32.9M |
|
209
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$312M
| $187M | 0.08% |
4,456,900
-245,300
| -5% | -$10.5M |
|
210
CALL
Comcast
CMCSA
$90B
| $186M | 0.08% |
6,603,400
-7,259,800
| -52% | -$209M |
|
211
PUT
ConocoPhillips
COP
$141B
| $185M | 0.08% |
2,977,700
+123,200
| +4% | +$7.97M |
|
212
PUT
Capri Holdings
CPRI
$1.74B
| $185M | 0.08% |
2,819,200
-48,300
| -2% | -$3.31M |
|
213
Walmart Inc
WMT
$890B
| $185M | 0.08% |
6,745,572
-1,299,807
| -16% | -$36.9M |
|
|
214
PUT
eBay
EBAY
$49.8B
| $184M | 0.08% |
7,585,618
-2,341,310
| -24% | -$55.8M |
|
215
PUT
PepsiCo
PEP
$190B
| $184M | 0.08% |
1,925,200
+355,600
| +23% | +$34.4M |
|
216
CALL
Union Pacific
UNP
$174B
| $184M | 0.08% |
1,699,600
+525,200
| +45% | +$61.6M |
|
217
Procter & Gamble
PG
$339B
| $183M | 0.08% |
2,238,869
+1,524,701
| +213% | +$131M |
|
218
CALL
Las Vegas Sands
LVS
$29.6B
| $182M | 0.08% |
3,308,300
+574,800
| +21% | +$32M |
|
219
JPMorgan Chase
JPM
$950B
| $180M | 0.08% |
2,974,166
+2,766
| +0.1% | +$164K |
|
220
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $180M | 0.08% |
4,634,390
-4,632,896
| -50% | -$179M |
|
221
CALL
AbbVie
ABBV
$435B
| $180M | 0.08% |
3,070,000
-698,300
| -19% | -$42.2M |
|
222
CALL
UnitedHealth
UNH
$370B
| $179M | 0.08% |
1,511,000
+304,500
| +25% | +$33.8M |
|
223
CALL
Avis
CAR
$5.02B
| $178M | 0.08% |
3,012,300
-88,300
| -3% | -$5.39M |
|
224
iShares China Large-Cap ETF
FXI
$4.31B
| $178M | 0.08% |
3,995,762
+252,155
| +7% | +$10.7M |
|
225
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $176M | 0.08% |
2,341,500
+1,607,700
| +219% | +$112M |
|
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.