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 | |
|---|---|---|---|---|---|---|
926
PUT
Tilray
TLRY
$637M
| $65.9M | 0.01% |
937,620
+123,370
| +15% | +$12.4M |
|
927
CALL
Equinix
EQIX
$105B
| $65.9M | 0.01% |
77,900
-32,200
| -29% | -$25.8M |
|
928
PUT
Innovative Industrial Properties
IIPR
$1.67B
| $65.8M | 0.01% |
250,300
+28,000
| +13% | +$7.18M |
|
929
PUT
Crocs
CROX
$6.26B
| $65.8M | 0.01% |
513,100
+119,700
| +30% | +$18.4M |
|
930
CALL
Equifax
EFX
$21.2B
| $65.5M | 0.01% |
223,700
+174,500
| +355% | +$48.6M |
|
931
PUT
Fidelity National Information Services
FIS
$21.6B
| $65.3M | 0.01% |
597,800
+187,200
| +46% | +$21.2M |
|
932
CALL
Edwards Lifesciences
EW
$53.6B
| $65.2M | 0.01% |
503,100
-67,700
| -12% | -$7.9M |
|
933
PUT
United States Natural Gas Fund
UNG
$489M
| $65.1M | 0.01% |
1,302,925
-157,075
| -11% | -$10.2M |
|
934
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$142M
| $65M | 0.01% |
219,321
+172,877
| +372% | +$61.4M |
|
935
CALL
Teva Pharmaceuticals
TEVA
$42.6B
| $65M | 0.01% |
8,112,400
-3,031,900
| -27% | -$27.4M |
|
936
CALL
Paychex
PAYX
$42.8B
| $64.6M | 0.01% |
473,200
-113,200
| -19% | -$14M |
|
|
PXD
937
DELISTED
Pioneer Natural Resource Co.
PXD
| $64.5M | 0.01% |
354,855
+155,795
| +78% | +$28.7M |
|
|
CTRA
938
PUT
DELISTED
Coterra Energy
CTRA
| $64.5M | 0.01% |
3,392,100
+1,246,800
| +58% | +$26M |
|
939
CALL
Lumen
LUMN
$6.6B
| $64.4M | 0.01% |
5,134,000
+835,400
| +19% | +$10.6M |
|
|
RSX
940
PUT
DELISTED
VanEck Russia ETF
RSX
| $64.4M | 0.01% |
2,416,300
+741,100
| +44% | +$22.3M |
|
941
iShares China Large-Cap ETF
FXI
$4.16B
| $64.2M | 0.01% |
1,755,375
-1,818,739
| -51% | -$71.4M |
|
|
FL
942
PUT
DELISTED
Foot Locker
FL
| $64.2M | 0.01% |
1,470,500
-423,900
| -22% | -$20.1M |
|
943
Teladoc Health
TDOC
$1.26B
| $64.1M | 0.01% |
698,271
-229,598
| -25% | -$27.4M |
|
944
PUT
Seagate
STX
$209B
| $64M | 0.01% |
566,900
-462,800
| -45% | -$45M |
|
945
CALL
American Electric Power
AEP
$67.9B
| $63.9M | 0.01% |
718,400
+319,500
| +80% | +$27M |
|
946
Lam Research
LRCX
$422B
| $63.8M | 0.01% |
886,970
-3,030,960
| -77% | -$190M |
|
947
PUT
iShares Russell 1000 Value ETF
IWD
$84.3B
| $63.3M | 0.01% |
376,700
+73,300
| +24% | +$12M |
|
948
CALL
HCA Healthcare
HCA
$89.8B
| $63.2M | 0.01% |
244,800
-33,900
| -12% | -$8.3M |
|
949
DraftKings
DKNG
$12.7B
| $63M | 0.01% |
2,292,702
-392,325
| -15% | -$15.4M |
|
950
CALL
Futu Holdings
FUTU
$14.7B
| $63M | 0.01% |
1,454,300
+373,300
| +35% | +$21.3M |
|
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.