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 | |
|---|---|---|---|---|---|---|
176
CALL
iShares China Large-Cap ETF
FXI
$4.2B
| $550M | 0.08% |
14,900,200
+3,595,000
| +32% | +$141M |
|
177
CALL
Lowe's Companies
LOW
$121B
| $548M | 0.08% |
2,121,300
-1,339,300
| -39% | -$318M |
|
178
PUT
Trade Desk
TTD
$6.34B
| $548M | 0.08% |
5,982,400
-1,948,900
| -25% | -$171M |
|
179
NIO
NIO
$11.4B
| $548M | 0.08% |
17,295,046
+4,003,547
| +30% | +$147M |
|
180
PUT
SPDR Gold Trust
GLD
$144B
| $544M | 0.08% |
3,181,300
-939,300
| -23% | -$158M |
|
181
PUT
AutoZone
AZO
$49.7B
| $542M | 0.08% |
258,700
-37,200
| -13% | -$69.3M |
|
182
CALL
Merck
MRK
$328B
| $538M | 0.08% |
7,015,000
+3,108,900
| +80% | +$248M |
|
183
CALL
ExxonMobil
XOM
$657B
| $533M | 0.08% |
8,708,200
-4,174,200
| -32% | -$261M |
|
184
PUT
Snap
SNAP
$8.79B
| $531M | 0.08% |
11,286,900
-1,350,300
| -11% | -$76M |
|
185
CALL
VanEck Semiconductor ETF
SMH
$72B
| $528M | 0.08% |
3,422,400
+222,800
| +7% | +$32.2M |
|
186
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $528M | 0.08% |
5,503,500
-1,726,800
| -24% | -$177M |
|
187
CALL
McDonald's
MCD
$195B
| $527M | 0.08% |
1,966,500
-340,900
| -15% | -$86.1M |
|
188
PUT
PepsiCo
PEP
$189B
| $525M | 0.08% |
3,023,200
+730,000
| +32% | +$119M |
|
189
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $524M | 0.08% |
3,534,142
-260,518
| -7% | -$38.4M |
|
|
190
CALL
PepsiCo
PEP
$189B
| $523M | 0.08% |
3,012,300
+1,062,100
| +54% | +$173M |
|
191
CALL
Atlassian
TEAM
$39.4B
| $522M | 0.08% |
1,369,200
-116,400
| -8% | -$46.8M |
|
192
PUT
ASML
ASML
$695B
| $522M | 0.08% |
655,200
-449,300
| -41% | -$357M |
|
193
PUT
BioNTech
BNTX
$23.3B
| $519M | 0.08% |
2,012,800
-824,900
| -29% | -$226M |
|
194
CALL
Verizon
VZ
$195B
| $519M | 0.08% |
9,930,500
-3,235,600
| -25% | -$169M |
|
195
PUT
CVS Health
CVS
$121B
| $515M | 0.08% |
4,987,900
-1,084,700
| -18% | -$100M |
|
|
196
CALL
AT&T
T
$166B
| $514M | 0.08% |
27,690,401
-1,002,665
| -3% | -$18.7M |
|
197
CALL
TSMC
TSM
$2.23T
| $510M | 0.08% |
4,237,600
-68,600
| -2% | -$8.04M |
|
198
PUT
ARK Innovation ETF
ARKK
$6.44B
| $508M | 0.08% |
5,369,800
-2,480,800
| -32% | -$271M |
|
199
PUT
Lockheed Martin
LMT
$140B
| $506M | 0.08% |
1,424,500
+154,200
| +12% | +$53.3M |
|
200
PUT
United States Oil Fund
USO
$1.8B
| $505M | 0.08% |
9,295,000
+4,506,100
| +94% | +$245M |
|
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.