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 |
Citigroup
C
|
+$1.13B |
| 2 |
AT&T
T
|
+$275M |
| 3 |
Apple
AAPL
|
+$248M |
| 4 |
Walt Disney
DIS
|
+$235M |
| 5 |
Nike
NKE
|
+$195M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.4B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$1.17B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$863M |
| 4 |
Advanced Micro Devices
AMD
|
+$808M |
| 5 |
Amazon
AMZN
|
+$783M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.57% |
| 2 | Consumer Discretionary | 1.29% |
| 3 | Financials | 0.98% |
| 4 | Communication Services | 0.83% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
PUT
Carvana
CVNA
$81B
| $194M | 0.03% |
4,175,500
-622,000
| -13% | -$34.2M |
|
|
PXD
477
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $192M | 0.03% |
1,057,700
-139,500
| -12% | -$25.7M |
|
478
Home Depot
HD
$341B
| $192M | 0.03% |
462,225
+284,870
| +161% | +$108M |
|
479
PUT
Unity
U
$20.2B
| $192M | 0.03% |
1,339,700
+365,800
| +38% | +$55.9M |
|
480
CALL
Marathon Petroleum
MPC
$100B
| $191M | 0.03% |
2,987,100
-1,863,200
| -38% | -$120M |
|
481
CALL
RTX Corp
RTX
$297B
| $191M | 0.03% |
2,216,900
-634,300
| -22% | -$55.3M |
|
482
PUT
Medtronic
MDT
$116B
| $191M | 0.03% |
1,843,400
+272,300
| +17% | +$31.5M |
|
483
CALL
Simon Property Group
SPG
$71.7B
| $190M | 0.03% |
1,191,200
-950,700
| -44% | -$145M |
|
484
CALL
SoFi Technologies
SOFI
$23.8B
| $190M | 0.03% |
12,032,000
+1,142,100
| +10% | +$21M |
|
485
PUT
Cleveland-Cliffs
CLF
$6.93B
| $189M | 0.03% |
8,696,800
-2,762,900
| -24% | -$59.5M |
|
486
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $189M | 0.03% |
1,021,400
-519,200
| -34% | -$105M |
|
487
PUT
Skyworks Solutions
SWKS
$10.5B
| $188M | 0.03% |
1,213,600
+233,600
| +24% | +$37.4M |
|
488
CALL
HubSpot
HUBS
$12B
| $187M | 0.03% |
284,400
+72,600
| +34% | +$54.9M |
|
489
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$142M
| $187M | 0.03% |
629,225
+33,606
| +6% | +$11.9M |
|
490
PUT
Norwegian Cruise Line
NCLH
$8.98B
| $186M | 0.03% |
8,986,700
+400,600
| +5% | +$9.58M |
|
491
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $185M | 0.03% |
2,612,600
-2,278,100
| -47% | -$163M |
|
492
CALL
Nokia
NOK
$59B
| $184M | 0.03% |
29,502,200
+5,417,500
| +22% | +$31.6M |
|
|
493
iShares MSCI EAFE ETF
EFA
$80.3B
| $183M | 0.03% |
2,329,592
-14,787,117
| -86% | -$1.17B |
|
494
CALL
Clorox
CLX
$12.9B
| $183M | 0.03% |
1,048,200
-802,100
| -43% | -$134M |
|
|
SCHW
495
CALL
Charles Schwab
SCHW
$190B
| $182M | 0.03% |
2,163,400
+139,300
| +7% | +$11.3M |
|
496
PUT
Avis
CAR
$4.84B
| $181M | 0.03% |
875,200
-25,200
| -3% | -$5.59M |
|
497
CALL
Nucor
NUE
$61.8B
| $181M | 0.03% |
1,588,000
-1,063,600
| -40% | -$116M |
|
498
Novavax
NVAX
$1.34B
| $181M | 0.03% |
1,264,172
-106,982
| -8% | -$18.4M |
|
499
CALL
D.R. Horton
DHI
$41.9B
| $181M | 0.03% |
1,666,400
+268,000
| +19% | +$25.8M |
|
|
WBA
500
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $180M | 0.03% |
3,457,000
-1,262,000
| -27% | -$61.1M |
|
Similar funds
Susquehanna International Group's Q4 2021 Portfolio in Review
As of Q4 2021, Susquehanna International Group held 14,586 positions worth $667B, down 11% from $745B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Susquehanna International Group withdrew a net $126B in Q4 2021, closing 1,572 positions and reducing 6,197 holdings. Its most notable exit was Stamps.com, Inc., an estimated $78.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 1.9% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in iShares Core MSCI Emerging Markets ETF worth $78.2M.
- Susquehanna International Group's largest Q4 2021 buy was iShares Core MSCI Emerging Markets ETF: 1,306,619 shares worth $78.2M.
- Susquehanna International Group added most to Citigroup in Q4 2021, an estimated $1.13B increase.
- Susquehanna International Group's biggest Q4 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.4B.
- Susquehanna International Group fully exited Stamps.com, Inc. in Q4 2021, selling an estimated $78.8M.
- Susquehanna International Group's ten largest holdings make up 32% of its $667B portfolio in Q4 2021.
- Susquehanna International Group opened 1,953 new positions and closed 1,572 in Q4 2021.
- Susquehanna International Group's portfolio value fell 11% quarter-over-quarter to $667B.
Based on Susquehanna International Group's 13F filing for Q4 2021, filed 14 Feb 2022.