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 | |
|---|---|---|---|---|---|---|
1851
PUT
Jazz Pharmaceuticals
JAZZ
$15.9B
| $19.5M | ﹤0.01% |
151,400
-16,900
| -10% | -$2.22M |
|
|
BRSL
1852
CALL
Brightstar Lottery PLC
BRSL
$2.17B
| $19.5M | ﹤0.01% |
675,000
-658,900
| -49% | -$18.7M |
|
1853
CALL
NovoCure
NVCR
$1.97B
| $19.5M | ﹤0.01% |
259,600
+64,400
| +33% | +$6.46M |
|
1854
PUT
Tandem Diabetes Care
TNDM
$1.58B
| $19.5M | ﹤0.01% |
129,400
-60,000
| -32% | -$8.1M |
|
1855
Synopsys
SNPS
$80.7B
| $19.5M | ﹤0.01% |
52,826
+17,462
| +49% | +$5.89M |
|
1856
CALL
Mid-America Apartment Communities
MAA
$15.5B
| $19.5M | ﹤0.01% |
84,800
+10,400
| +14% | +$2.15M |
|
1857
PUT
Bank of Montreal
BMO
$130B
| $19.5M | ﹤0.01% |
180,600
+16,700
| +10% | +$1.8M |
|
1858
CALL
United Natural Foods
UNFI
$2.93B
| $19.4M | ﹤0.01% |
396,300
-440,600
| -53% | -$21.3M |
|
1859
Incyte
INCY
$24.4B
| $19.4M | ﹤0.01% |
264,924
+83,814
| +46% | +$5.65M |
|
1860
Lyft
LYFT
$6.62B
| $19.4M | ﹤0.01% |
454,308
-344,719
| -43% | -$16.1M |
|
1861
PUT
Allegiant Air
ALGT
$2.34B
| $19.4M | ﹤0.01% |
103,600
+96,800
| +1,424% | +$18M |
|
1862
CALL
Aspen Aerogels
ASPN
$485M
| $19.4M | ﹤0.01% |
389,100
-43,600
| -10% | -$2.3M |
|
1863
Aptiv
APTV
$10.3B
| $19.4M | ﹤0.01% |
117,403
+60,705
| +107% | +$10.1M |
|
1864
CALL
Churchill Downs
CHDN
$6.33B
| $19.3M | ﹤0.01% |
160,600
+69,800
| +77% | +$8.29M |
|
1865
PUT
Oneok
OKE
$59.9B
| $19.3M | ﹤0.01% |
329,200
-159,600
| -33% | -$9.9M |
|
1866
CALL
PACCAR
PCAR
$68.8B
| $19.3M | ﹤0.01% |
328,650
+9,000
| +3% | +$520K |
|
|
SIVB
1867
DELISTED
SVB Financial Group
SIVB
| $19.3M | ﹤0.01% |
28,384
+14,462
| +104% | +$10.2M |
|
1868
General Dynamics
GD
$107B
| $19.2M | ﹤0.01% |
92,312
+31,806
| +53% | +$6.42M |
|
1869
Liberty Broadband Class C
LBRDK
$5.21B
| $19.2M | ﹤0.01% |
119,391
+2,682
| +2% | +$441K |
|
1870
CALL
Synaptics
SYNA
$4.25B
| $19.2M | ﹤0.01% |
66,400
-8,900
| -12% | -$2.13M |
|
|
BIG
1871
PUT
DELISTED
Big Lots, Inc.
BIG
| $19.2M | ﹤0.01% |
426,600
-25,300
| -6% | -$1.15M |
|
1872
CALL
KeyCorp
KEY
$25B
| $19.2M | ﹤0.01% |
829,900
-1,072,400
| -56% | -$24.9M |
|
|
JNPR
1873
CALL
DELISTED
Juniper Networks
JNPR
| $19.2M | ﹤0.01% |
536,300
+89,800
| +20% | +$2.81M |
|
1874
CALL
ProShares UltraPro Short S&P 500
SPXU
$380M
| $19.1M | ﹤0.01% |
76,835
-230,375
| -75% | -$65.4M |
|
1875
PUT
Plains All American Pipeline
PAA
$16.9B
| $19.1M | ﹤0.01% |
2,047,600
-658,200
| -24% | -$6.61M |
|
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.