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 | |
|---|---|---|---|---|---|---|
2301
ProShares UltraPro Russell2000
URTY
$354M
| $4.92M | ﹤0.01% |
145,242
+66,402
| +84% | +$1.87M |
|
2302
ProShares Trust Short MSCI Emerging Markets
EUM
$9.44M
| $4.92M | ﹤0.01% |
90,809
+86,240
| +1,888% | +$5.23M |
|
|
IHS
2303
PUT
DELISTED
IHS INC CL-A COM STK
IHS
| $4.92M | ﹤0.01% |
39,600
+36,700
| +1,266% | +$3.91M |
|
2304
PG&E
PCG
$38.1B
| $4.92M | ﹤0.01% |
82,300
-24,345
| -23% | -$1.36M |
|
2305
CALL
Altisource Portfolio Solutions
ASPS
$63.7M
| $4.91M | ﹤0.01% |
25,413
+11,688
| +85% | +$2.49M |
|
2306
PUT
DexCom
DXCM
$33.8B
| $4.91M | ﹤0.01% |
289,200
+148,000
| +105% | +$2.47M |
|
2307
PUT
J.M. Smucker
SJM
$12.5B
| $4.91M | ﹤0.01% |
37,800
+30,600
| +425% | +$3.86M |
|
|
PPS
2308
DELISTED
Post Properties
PPS
| $4.9M | ﹤0.01% |
82,067
-37,657
| -31% | -$2.15M |
|
2309
American Water Works
AWK
$27B
| $4.9M | ﹤0.01% |
71,096
+15,531
| +28% | +$1.01M |
|
2310
CALL
Dentsply Sirona
XRAY
$2.31B
| $4.89M | ﹤0.01% |
79,300
+8,500
| +12% | +$501K |
|
|
MBT
2311
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $4.89M | ﹤0.01% |
604,052
+521,341
| +630% | +$3.63M |
|
2312
PUT
NCR Voyix
VYX
$1.11B
| $4.88M | ﹤0.01% |
266,016
+56,724
| +27% | +$813K |
|
2313
Vanguard Real Estate ETF
VNQ
$38.3B
| $4.88M | ﹤0.01% |
+58,237
| New | +$4.53M |
|
2314
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$287M
| – | – |
-1
| Closed | -$46.1M |
|
2315
CALL
Nokia
NOK
$52.7B
| $4.87M | ﹤0.01% |
824,500
-603,100
| -42% | -$3.86M |
|
|
EXAM
2316
CALL
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $4.87M | ﹤0.01% |
164,800
+154,400
| +1,485% | +$4.2M |
|
|
CAB
2317
PUT
DELISTED
Cabela's Inc
CAB
| $4.87M | ﹤0.01% |
100,000
+43,800
| +78% | +$1.97M |
|
2318
CALL
Community Health Systems
CYH
$400M
| $4.87M | ﹤0.01% |
318,230
-66,550
| -17% | -$1.02M |
|
|
INFN
2319
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $4.87M | ﹤0.01% |
302,900
-187,700
| -38% | -$2.88M |
|
|
ASB.WS
2320
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $4.87M | ﹤0.01% |
2,043,908
| – | – |
|
2321
Halliburton
HAL
$28.2B
| $4.86M | ﹤0.01% |
136,115
-1,396,969
| -91% | -$45.6M |
|
2322
CALL
Howard Hughes
HHH
$4B
| $4.86M | ﹤0.01% |
48,149
+26,435
| +122% | +$2.43M |
|
2323
CALL
Expeditors International
EXPD
$23B
| $4.86M | ﹤0.01% |
99,500
+33,800
| +51% | +$1.55M |
|
2324
CALL
Suburban Propane Partners
SPH
$1.17B
| $4.85M | ﹤0.01% |
162,400
+142,700
| +724% | +$3.75M |
|
2325
PUT
Toll Brothers
TOL
$14.3B
| $4.85M | ﹤0.01% |
164,200
-274,300
| -63% | -$7.67M |
|
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.