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 | |
|---|---|---|---|---|---|---|
2001
PUT
Welltower
WELL
$170B
| $17.3M | ﹤0.01% |
202,100
-120,300
| -37% | -$10M |
|
2002
Allstate
ALL
$66.1B
| $17.3M | ﹤0.01% |
147,311
+54,415
| +59% | +$6.44M |
|
2003
Sprott Uranium Miners ETF
URNM
$2B
| $17.3M | ﹤0.01% |
480,568
+201,314
| +72% | +$8.64M |
|
2004
Lennar Class A
LEN
$20.9B
| $17.3M | ﹤0.01% |
153,872
-215,787
| -58% | -$22.1M |
|
2005
CALL
Tower Semiconductor
TSEM
$30B
| $17.3M | ﹤0.01% |
436,000
+124,700
| +40% | +$4.33M |
|
2006
Liberty Global Class A
LBTYA
$3.57B
| $17.3M | ﹤0.01% |
622,409
-17,934
| -3% | -$510K |
|
2007
PUT
Vail Resorts
MTN
$5.28B
| $17.2M | ﹤0.01% |
52,500
-47,300
| -47% | -$16.1M |
|
2008
CALL
Axsome Therapeutics
AXSM
$11.2B
| $17.2M | ﹤0.01% |
455,600
+111,100
| +32% | +$4.09M |
|
2009
CALL
iShares MSCI Germany ETF
EWG
$1.68B
| $17.2M | ﹤0.01% |
524,000
+502,600
| +2,349% | +$16.7M |
|
2010
CALL
Canadian National Railway
CNI
$76.7B
| $17.2M | ﹤0.01% |
139,600
-79,800
| -36% | -$10.1M |
|
|
SPWR
2011
DELISTED
SunPower Corporation Common Stock
SPWR
| $17.1M | ﹤0.01% |
820,671
-71,076
| -8% | -$1.92M |
|
2012
Berkshire Hathaway Class A
BRK.A
$1.08T
| $17.1M | ﹤0.01% |
38
-27
| -42% | -$11.7M |
|
2013
Vanguard Total International Stock ETF
VXUS
$164B
| $17.1M | ﹤0.01% |
+269,065
| New | +$17.3M |
|
2014
NOV
NOV
$7.54B
| $17.1M | ﹤0.01% |
1,260,829
-1,104,116
| -47% | -$15.1M |
|
2015
PUT
Goodyear
GT
$1.76B
| $17.1M | ﹤0.01% |
801,200
+112,900
| +16% | +$2.34M |
|
|
FSR
2016
DELISTED
Fisker Inc.
FSR
| $17M | ﹤0.01% |
1,083,343
+221,407
| +26% | +$3.83M |
|
2017
PUT
Archer Daniels Midland
ADM
$38.8B
| $17M | ﹤0.01% |
251,800
-139,700
| -36% | -$9.02M |
|
2018
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $17M | ﹤0.01% |
1,007,200
-222,600
| -18% | -$3.86M |
|
|
GTM
2019
ZoomInfo Technologies
GTM
$1.18B
| $17M | ﹤0.01% |
264,826
+123,569
| +87% | +$8.27M |
|
|
JMIA
2020
Jumia Technologies
JMIA
$772M
| $17M | ﹤0.01% |
1,491,020
-261,493
| -15% | -$4.08M |
|
2021
HubSpot
HUBS
$11.2B
| $17M | ﹤0.01% |
25,776
+18,819
| +271% | +$14.2M |
|
2022
Williams-Sonoma
WSM
$28.4B
| $17M | ﹤0.01% |
200,730
+185,704
| +1,236% | +$17.3M |
|
2023
Coherent
COHR
$63.7B
| $16.9M | ﹤0.01% |
247,200
+100,280
| +68% | +$6.31M |
|
2024
Invitation Homes
INVH
$18B
| $16.9M | ﹤0.01% |
371,695
-10,219
| -3% | -$422K |
|
2025
Ternium
TX
$10.6B
| $16.8M | ﹤0.01% |
+386,629
| New | +$16.2M |
|
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.