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 | |
|---|---|---|---|---|---|---|
2201
CALL
American Eagle Outfitters
AEO
$2.71B
| $14.4M | ﹤0.01% |
569,500
-537,500
| -49% | -$13.7M |
|
2202
PUT
Builders FirstSource
BLDR
$7.8B
| $14.4M | ﹤0.01% |
168,100
+12,300
| +8% | +$833K |
|
2203
CALL
Trupanion
TRUP
$1.34B
| $14.3M | ﹤0.01% |
108,400
+78,600
| +264% | +$9.16M |
|
2204
PUT
Consolidated Edison
ED
$40.2B
| $14.3M | ﹤0.01% |
167,700
-56,200
| -25% | -$4.42M |
|
2205
PUT
iQIYI
IQ
$1.3B
| $14.3M | ﹤0.01% |
3,135,900
-2,169,100
| -41% | -$15.4M |
|
2206
ProShares VIX Mid-Term Futures ETF
VIXM
$94.3M
| $14.3M | ﹤0.01% |
467,200
+16,387
| +4% | +$509K |
|
2207
PUT
Range Resources
RRC
$9.42B
| $14.3M | ﹤0.01% |
799,900
-5,400
| -0.7% | -$116K |
|
2208
TC Energy
TRP
$66.7B
| $14.3M | ﹤0.01% |
306,333
+3,848
| +1% | +$190K |
|
2209
CALL
AdvisorShares Pure US Cannabis ETF
MSOS
$930M
| $14.3M | ﹤0.01% |
557,000
+379,000
| +213% | +$10.5M |
|
2210
Sempra
SRE
$56.5B
| $14.2M | ﹤0.01% |
215,386
+91,160
| +73% | +$5.78M |
|
|
SAND
2211
DELISTED
Sandstorm Gold
SAND
| $14.2M | ﹤0.01% |
2,297,383
+189,927
| +9% | +$1.19M |
|
2212
CALL
Avantor
AVTR
$9.24B
| $14.2M | ﹤0.01% |
337,600
+149,200
| +79% | +$5.88M |
|
2213
Idexx Laboratories
IDXX
$43.4B
| $14.2M | ﹤0.01% |
21,593
+852
| +4% | +$535K |
|
|
ATH
2214
CALL
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $14.2M | ﹤0.01% |
170,600
+75,000
| +78% | +$6.15M |
|
2215
Elastic
ESTC
$9.01B
| $14.2M | ﹤0.01% |
115,455
+101,880
| +750% | +$15.4M |
|
2216
PUT
Motorola Solutions
MSI
$77.2B
| $14.2M | ﹤0.01% |
52,300
+42,700
| +445% | +$10.8M |
|
2217
CALL
AutoNation
AN
$6.92B
| $14.2M | ﹤0.01% |
121,600
-76,900
| -39% | -$9.25M |
|
2218
CALL
Jacobs Solutions
J
$16.9B
| $14.2M | ﹤0.01% |
123,194
-43,281
| -26% | -$5M |
|
2219
Yum! Brands
YUM
$40.4B
| $14.2M | ﹤0.01% |
102,158
+1,006
| +1% | +$129K |
|
2220
State Street SPDR S&P China ETF
GXC
$470M
| $14.2M | ﹤0.01% |
137,360
+135,441
| +7,058% | +$14.9M |
|
|
RAD
2221
CALL
DELISTED
Rite Aid Corporation
RAD
| $14.2M | ﹤0.01% |
965,000
-279,200
| -22% | -$3.77M |
|
2222
PUT
Tanger
SKT
$4.42B
| $14.2M | ﹤0.01% |
735,200
+24,600
| +3% | +$468K |
|
|
TTCF
2223
CALL
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $14.2M | ﹤0.01% |
911,300
-1,512,700
| -62% | -$25.9M |
|
|
JOYY
2224
CALL
JOYY Inc
JOYY
$3.68B
| $14.2M | ﹤0.01% |
311,700
-268,700
| -46% | -$13.9M |
|
2225
PUT
Arrowhead Research
ARWR
$12.2B
| $14.1M | ﹤0.01% |
213,300
-24,900
| -10% | -$1.71M |
|
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.