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 | |
|---|---|---|---|---|---|---|
|
STJ
2251
PUT
DELISTED
St Jude Medical
STJ
| $5.13M | ﹤0.01% |
93,300
-97,500
| -51% | -$5.31M |
|
2252
PUT
Public Storage
PSA
$60.7B
| $5.13M | ﹤0.01% |
18,600
+300
| +2% | +$75.7K |
|
2253
iShares US Aerospace & Defense ETF
ITA
$15B
| $5.12M | ﹤0.01% |
87,662
+22,544
| +35% | +$1.26M |
|
2254
Vanguard Health Care ETF
VHT
$19B
| $5.12M | ﹤0.01% |
+41,532
| New | +$5.05M |
|
2255
CALL
Burlington
BURL
$22.6B
| $5.12M | ﹤0.01% |
91,000
-1,700
| -2% | -$88.8K |
|
2256
PUT
Lam Research
LRCX
$390B
| $5.11M | ﹤0.01% |
619,000
-3,134,000
| -84% | -$22.8M |
|
2257
Expeditors International
EXPD
$23B
| $5.11M | ﹤0.01% |
104,645
-148,532
| -59% | -$6.81M |
|
2258
Navient
NAVI
$803M
| $5.1M | ﹤0.01% |
426,354
-64,189
| -13% | -$668K |
|
|
XVZ
2259
DELISTED
iPath S&P 500 Dynamic VIX ETN
XVZ
| $5.1M | ﹤0.01% |
193,156
-382
| -0.2% | -$10.3K |
|
2260
Automatic Data Processing
ADP
$108B
| $5.1M | ﹤0.01% |
56,847
-52,482
| -48% | -$4.4M |
|
2261
CALL
Celanese
CE
$4.92B
| $5.1M | ﹤0.01% |
77,800
-85,200
| -52% | -$5.29M |
|
2262
TransDigm Group
TDG
$68.7B
| $5.09M | ﹤0.01% |
+23,125
| New | +$5.05M |
|
2263
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $5.09M | ﹤0.01% |
206,036
+153,590
| +293% | +$3.77M |
|
2264
Occidental Petroleum
OXY
$59B
| $5.09M | ﹤0.01% |
74,340
-127,629
| -63% | -$8.56M |
|
2265
CALL
State Street SPDR S&P Bank ETF
KBE
$1.73B
| $5.08M | ﹤0.01% |
167,400
+145,600
| +668% | +$4.32M |
|
2266
Marvell Technology
MRVL
$191B
| $5.07M | ﹤0.01% |
491,610
-53,176
| -10% | -$490K |
|
|
2267
Celanese
CE
$4.92B
| $5.07M | ﹤0.01% |
77,364
+64,664
| +509% | +$4.01M |
|
|
WP
2268
DELISTED
Worldpay, Inc.
WP
| $5.06M | ﹤0.01% |
93,887
+75,880
| +421% | +$3.71M |
|
|
PX
2269
PUT
DELISTED
Praxair Inc
PX
| $5.06M | ﹤0.01% |
44,200
-3,600
| -8% | -$376K |
|
|
LOCK
2270
PUT
DELISTED
LifeLock, Inc.
LOCK
| $5.05M | ﹤0.01% |
418,600
-228,500
| -35% | -$2.7M |
|
2271
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $5.05M | ﹤0.01% |
21,617
-11,536
| -35% | -$2.05M |
|
2272
Alliant Energy
LNT
$17.8B
| $5.05M | ﹤0.01% |
135,960
+107,072
| +371% | +$3.61M |
|
2273
PUT
iShares MSCI Taiwan ETF
EWT
$11.2B
| $5.05M | ﹤0.01% |
180,500
-152,850
| -46% | -$3.88M |
|
2274
PUT
EPR Properties
EPR
$4.58B
| $5.04M | ﹤0.01% |
75,700
+23,500
| +45% | +$1.43M |
|
|
NRF
2275
CALL
DELISTED
NorthStar Realty Finance Corp.
NRF
| $5.03M | ﹤0.01% |
383,600
-543,000
| -59% | -$6.66M |
|
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.