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 | 1.6% |
| 2 | Consumer Discretionary | 1.3% |
| 3 | Financials | 0.99% |
| 4 | Communication Services | 0.86% |
| 5 | Healthcare | 0.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
PUT
LyondellBasell Industries
LYB
$20.7B
| $38.8M | 0.01% |
420,200
+56,100
| +15% | +$5.21M |
|
1277
CALL
Crocs
CROX
$6.35B
| $38.7M | 0.01% |
302,000
+81,900
| +37% | +$12.6M |
|
1278
Tencent Music
TME
$14.4B
| $38.7M | 0.01% |
5,648,652
-1,325,128
| -19% | -$9.77M |
|
1279
CALL
iShares MSCI Mexico ETF
EWW
$1.87B
| $38.6M | 0.01% |
763,600
+104,000
| +16% | +$5.03M |
|
1280
PUT
Thor Industries
THO
$4.11B
| $38.6M | 0.01% |
372,100
+92,700
| +33% | +$10.1M |
|
1281
Chubb
CB
$133B
| $38.5M | 0.01% |
199,320
+55,207
| +38% | +$10.4M |
|
1282
CALL
Cognizant
CTSH
$26.4B
| $38.4M | 0.01% |
433,200
+14,200
| +3% | +$1.14M |
|
1283
PUT
TripAdvisor
TRIP
$1.28B
| $38.4M | 0.01% |
1,407,500
-83,400
| -6% | -$2.56M |
|
1284
Delta Air Lines
DAL
$59.1B
| $38.3M | 0.01% |
978,956
+680,335
| +228% | +$27.2M |
|
1285
CALL
MSCI
MSCI
$41.4B
| $38.2M | 0.01% |
62,400
-4,600
| -7% | -$2.89M |
|
1286
PUT
iShares MSCI China ETF
MCHI
$6.16B
| $37.9M | 0.01% |
603,700
-185,200
| -23% | -$12.4M |
|
|
BBBY
1287
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $37.8M | 0.01% |
2,595,600
-1,557,900
| -38% | -$27.2M |
|
1288
PUT
Elastic
ESTC
$8.82B
| $37.8M | 0.01% |
307,400
+61,200
| +25% | +$9.24M |
|
|
HES
1289
PUT
DELISTED
Hess
HES
| $37.8M | 0.01% |
510,000
-96,000
| -16% | -$7.78M |
|
1290
First Solar
FSLR
$24.5B
| $37.7M | 0.01% |
432,934
+86,291
| +25% | +$8.87M |
|
|
DOCU
1291
DocuSign
DOCU
$11.7B
| $37.7M | 0.01% |
247,703
-1,301,846
| -84% | -$297M |
|
1292
PUT
GitLab
GTLB
$7.2B
| $37.7M | 0.01% |
+433,200
| New | +$44.3M |
|
1293
CSX Corp
CSX
$93.8B
| $37.6M | 0.01% |
1,000,235
+438,425
| +78% | +$15.5M |
|
1294
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$607M
| $37.5M | 0.01% |
52,115
-4,465
| -8% | -$4.27M |
|
|
DFS
1295
PUT
DELISTED
Discover Financial Services
DFS
| $37.4M | 0.01% |
323,500
-39,300
| -11% | -$4.65M |
|
1296
PUT
Antero Resources
AR
$11.4B
| $37.3M | 0.01% |
2,133,400
-188,500
| -8% | -$3.57M |
|
1297
PUT
TC Energy
TRP
$66B
| $37.3M | 0.01% |
802,000
-22,700
| -3% | -$1.12M |
|
1298
PUT
HP
HPQ
$27.9B
| $37.3M | 0.01% |
990,700
-491,400
| -33% | -$16.1M |
|
1299
CALL
Aurinia Pharmaceuticals
AUPH
$2.04B
| $37.1M | 0.01% |
1,623,800
+807,700
| +99% | +$19.1M |
|
|
FL
1300
CALL
DELISTED
Foot Locker
FL
| $37.1M | 0.01% |
850,600
-288,100
| -25% | -$13.7M |
|
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.