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 | |
|---|---|---|---|---|---|---|
2226
Jazz Pharmaceuticals
JAZZ
$16.1B
| $5.26M | ﹤0.01% |
40,260
-91,520
| -69% | -$11.4M |
|
2227
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $5.25M | ﹤0.01% |
50,121
-102,507
| -67% | -$10.2M |
|
2228
PUT
Pentair
PNR
$10.7B
| $5.24M | ﹤0.01% |
143,837
-329,069
| -70% | -$10.6M |
|
2229
Pool Corp
POOL
$7.32B
| $5.24M | ﹤0.01% |
59,708
-26,924
| -31% | -$2.16M |
|
2230
NGL Energy Partners
NGL
$2.13B
| $5.24M | ﹤0.01% |
696,527
+572,158
| +460% | +$5.18M |
|
2231
PUT
Universal Health Services
UHS
$9.94B
| $5.24M | ﹤0.01% |
42,000
-29,400
| -41% | -$3.31M |
|
2232
CALL
Principal Financial Group
PFG
$24.2B
| $5.24M | ﹤0.01% |
132,700
+49,100
| +59% | +$1.89M |
|
|
XLNX
2233
DELISTED
Xilinx Inc
XLNX
| $5.23M | ﹤0.01% |
110,208
-1,003,530
| -90% | -$47.1M |
|
|
WRK
2234
CALL
DELISTED
WestRock Company
WRK
| $5.22M | ﹤0.01% |
148,505
+118,760
| +399% | +$3.87M |
|
|
NBL
2235
DELISTED
Noble Energy, Inc.
NBL
| $5.22M | ﹤0.01% |
166,240
-103,020
| -38% | -$3.15M |
|
2236
PUT
U-Haul Holding Co
UHAL
$14.3B
| $5.22M | ﹤0.01% |
146,000
+79,000
| +118% | +$2.75M |
|
2237
Old Republic International
ORI
$10.2B
| $5.21M | ﹤0.01% |
284,890
-45,490
| -14% | -$820K |
|
|
CRR
2238
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $5.2M | ﹤0.01% |
366,100
-310,300
| -46% | -$5.36M |
|
2239
CALL
Roper Technologies
ROP
$39.5B
| $5.19M | ﹤0.01% |
28,400
+14,800
| +109% | +$2.55M |
|
|
USG
2240
PUT
DELISTED
Usg
USG
| $5.18M | ﹤0.01% |
208,700
-50,800
| -20% | -$1.06M |
|
2241
PUT
Carter's
CRI
$1.46B
| $5.17M | ﹤0.01% |
49,100
+14,400
| +41% | +$1.38M |
|
2242
PUT
Murphy Oil
MUR
$5.12B
| $5.17M | ﹤0.01% |
205,100
+84,000
| +69% | +$1.68M |
|
2243
CALL
SFL Corp
SFL
$1.54B
| $5.16M | ﹤0.01% |
371,300
+174,800
| +89% | +$2.35M |
|
2244
CALL
ProShares Ultra Energy
DIG
$82.9M
| $5.15M | ﹤0.01% |
133,280
-1,600
| -1% | -$54.7K |
|
2245
Zimmer Biomet
ZBH
$18.5B
| $5.15M | ﹤0.01% |
49,750
-26,552
| -35% | -$2.57M |
|
2246
PUT
AGNC Investment
AGNC
$12.9B
| $5.15M | ﹤0.01% |
276,300
-158,800
| -36% | -$2.82M |
|
2247
IDEX
IEX
$17.5B
| $5.15M | ﹤0.01% |
62,100
-1,047
| -2% | -$78.5K |
|
2248
PUT
Waters Corp
WAT
$40.7B
| $5.14M | ﹤0.01% |
39,000
-1,900
| -5% | -$237K |
|
2249
CALL
Pinnacle West Capital
PNW
$12.1B
| $5.14M | ﹤0.01% |
68,500
+65,000
| +1,857% | +$4.44M |
|
2250
Bankunited
BKU
$3.35B
| $5.14M | ﹤0.01% |
149,146
-10,879
| -7% | -$364K |
|
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.