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 | |
|---|---|---|---|---|---|---|
1576
PUT
Under Armour
UAA
$2.3B
| $25.8M | ﹤0.01% |
1,219,700
-186,200
| -13% | -$4.23M |
|
1577
Cenovus Energy
CVE
$57.2B
| $25.8M | ﹤0.01% |
2,101,082
-240,290
| -10% | -$2.88M |
|
|
NVO
1578
Novo Nordisk
NVO
$201B
| $25.8M | ﹤0.01% |
460,512
-41,566
| -8% | -$2.25M |
|
1579
PUT
Tenet Healthcare
THC
$21.6B
| $25.8M | ﹤0.01% |
315,600
+39,300
| +14% | +$2.87M |
|
|
CFLT
1580
CALL
DELISTED
Confluent
CFLT
| $25.8M | ﹤0.01% |
337,800
+157,600
| +87% | +$11.4M |
|
1581
CALL
Arrowhead Research
ARWR
$12.2B
| $25.7M | ﹤0.01% |
388,300
+8,000
| +2% | +$550K |
|
1582
West Pharmaceutical
WST
$24.6B
| $25.7M | ﹤0.01% |
54,873
+33,712
| +159% | +$14.5M |
|
1583
iShares MSCI South Korea ETF
EWY
$27.8B
| $25.7M | ﹤0.01% |
330,459
+221,822
| +204% | +$17.5M |
|
1584
PUT
Dynatrace
DT
$14.2B
| $25.7M | ﹤0.01% |
425,800
+72,600
| +21% | +$4.95M |
|
1585
PG&E
PCG
$39.3B
| $25.7M | ﹤0.01% |
2,116,315
+415,147
| +24% | +$4.86M |
|
1586
DuPont de Nemours
DD
$19.8B
| $25.7M | ﹤0.01% |
253,150
-116,843
| -32% | -$11.1M |
|
1587
PUT
ProShares Ultra QQQ
QLD
$14.4B
| $25.7M | ﹤0.01% |
576,400
-263,600
| -31% | -$11.1M |
|
|
AXON
1588
PUT
Axon Enterprise
AXON
$49.8B
| $25.6M | ﹤0.01% |
163,300
-12,700
| -7% | -$2.13M |
|
|
CTXS
1589
PUT
DELISTED
Citrix Systems Inc
CTXS
| $25.6M | ﹤0.01% |
271,000
+60,500
| +29% | +$5.53M |
|
1590
Danaos Corp
DAC
$2.58B
| $25.6M | ﹤0.01% |
343,229
+52,258
| +18% | +$3.77M |
|
|
DIDI
1591
PUT
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $25.6M | ﹤0.01% |
5,144,200
-1,867,500
| -27% | -$14.2M |
|
1592
PUT
Cadence Design Systems
CDNS
$89.5B
| $25.6M | ﹤0.01% |
137,400
+11,400
| +9% | +$1.99M |
|
1593
Sherwin-Williams
SHW
$87.2B
| $25.6M | ﹤0.01% |
72,647
-62,828
| -46% | -$20.3M |
|
|
FSR
1594
PUT
DELISTED
Fisker Inc.
FSR
| $25.5M | ﹤0.01% |
1,618,300
-144,800
| -8% | -$2.51M |
|
1595
Cardinal Health
CAH
$54.7B
| $25.4M | ﹤0.01% |
494,100
+218,959
| +80% | +$10.7M |
|
1596
Valero Energy
VLO
$98.4B
| $25.4M | ﹤0.01% |
338,607
-573,005
| -63% | -$42.7M |
|
1597
Asana
ASAN
$2.11B
| $25.4M | ﹤0.01% |
340,890
+327,610
| +2,467% | +$34.7M |
|
1598
PUT
Five Below
FIVE
$13.5B
| $25.4M | ﹤0.01% |
122,800
-124,700
| -50% | -$24.5M |
|
|
INFO
1599
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $25.4M | ﹤0.01% |
191,085
+111,982
| +142% | +$14.3M |
|
|
DIDI
1600
CALL
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $25.3M | ﹤0.01% |
5,089,300
-847,600
| -14% | -$6.44M |
|
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.