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 | |
|---|---|---|---|---|---|---|
2426
CALL
Jones Lang LaSalle
JLL
$16.6B
| $6.13M | ﹤0.01% |
36,000
+5,700
| +19% | +$899K |
|
2427
Quanta Services
PWR
$104B
| $6.13M | ﹤0.01% |
214,856
+27,907
| +15% | +$783K |
|
2428
PUT
Sensata Technologies
ST
$6.81B
| $6.13M | ﹤0.01% |
106,700
+4,700
| +5% | +$250K |
|
2429
PNC Financial Services
PNC
$101B
| $6.12M | ﹤0.01% |
65,617
-252,002
| -79% | -$22.8M |
|
2430
CALL
OSI Systems
OSIS
$3.82B
| $6.11M | ﹤0.01% |
82,300
-15,200
| -16% | -$1.09M |
|
|
DBV
2431
DELISTED
Invesco DB G10 Currency Harvest Fund
DBV
| $6.11M | ﹤0.01% |
246,300
+212,846
| +636% | +$5.26M |
|
|
TEN
2432
CALL
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $6.11M | ﹤0.01% |
106,400
+3,700
| +4% | +$205K |
|
2433
PUT
Teradyne
TER
$63B
| $6.1M | ﹤0.01% |
323,800
-61,700
| -16% | -$1.18M |
|
2434
Cenovus Energy
CVE
$55.4B
| $6.09M | ﹤0.01% |
360,556
-125,069
| -26% | -$2.31M |
|
|
XVZ
2435
DELISTED
iPath S&P 500 Dynamic VIX ETN
XVZ
| $6.09M | ﹤0.01% |
211,086
+196,348
| +1,332% | +$5.59M |
|
|
TSL
2436
PUT
DELISTED
Trina Solar Limited
TSL
| $6.08M | ﹤0.01% |
503,000
-176,400
| -26% | -$1.83M |
|
2437
CALL
HDFC Bank
HDB
$119B
| $6.07M | ﹤0.01% |
412,400
+182,800
| +80% | +$2.67M |
|
2438
PUT
ProShares Ultra Financials
UYG
$853M
| $6.07M | ﹤0.01% |
250,800
+25,200
| +11% | +$606K |
|
|
XL
2439
DELISTED
XL Group Ltd.
XL
| $6.06M | ﹤0.01% |
164,773
-127,780
| -44% | -$4.58M |
|
|
CVRR
2440
PUT
DELISTED
CVR Refining, LP
CVRR
| $6.06M | ﹤0.01% |
292,300
-22,700
| -7% | -$416K |
|
2441
Icon
ICLR
$12.6B
| $6.06M | ﹤0.01% |
85,900
-19,842
| -19% | -$1.23M |
|
2442
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $6.05M | ﹤0.01% |
119,582
-157,193
| -57% | -$7.95M |
|
|
KATE
2443
PUT
DELISTED
Kate Spade & Company
KATE
| $6.05M | ﹤0.01% |
181,100
-234,100
| -56% | -$7.41M |
|
|
FLG
2444
CALL
Flagstar Bank National Association
FLG
$5.94B
| $6.05M | ﹤0.01% |
120,467
+46,867
| +64% | +$2.28M |
|
2445
CALL
AerCap
AER
$23.7B
| $6.04M | ﹤0.01% |
138,400
+51,900
| +60% | +$2.19M |
|
2446
Lithia Motors
LAD
$8.19B
| $6.04M | ﹤0.01% |
60,763
+6,729
| +12% | +$605K |
|
|
PRE
2447
PUT
DELISTED
PARTNERRE LTD
PRE
| $6.04M | ﹤0.01% |
52,800
-25,800
| -33% | -$2.96M |
|
|
USG
2448
DELISTED
Usg
USG
| $6.03M | ﹤0.01% |
225,951
+99,722
| +79% | +$2.83M |
|
2449
CALL
Gaming and Leisure Properties
GLPI
$12.4B
| $6.03M | ﹤0.01% |
163,600
-11,400
| -7% | -$385K |
|
2450
CALL
Vanguard Morningstar Value ETF
VTV
$193B
| $6.03M | ﹤0.01% |
72,000
+6,600
| +10% | +$555K |
|
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.