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 | |
|---|---|---|---|---|---|---|
201
CALL
Intuit
INTU
$91.6B
| $503M | 0.08% |
782,700
+100,600
| +15% | +$62.1M |
|
202
PUT
Blackrock
BLK
$180B
| $502M | 0.08% |
547,900
-118,400
| -18% | -$108M |
|
203
FedEx
FDX
$77.3B
| $501M | 0.08% |
1,938,839
-1,048,103
| -35% | -$252M |
|
204
CALL
Baidu
BIDU
$35.6B
| $498M | 0.07% |
3,303,700
-1,148,800
| -26% | -$179M |
|
205
CALL
Twilio
TWLO
$37.9B
| $493M | 0.07% |
1,874,000
+463,500
| +33% | +$139M |
|
|
206
PUT
Twilio
TWLO
$37.9B
| $493M | 0.07% |
1,871,300
-51,000
| -3% | -$15.3M |
|
207
PUT
iShares MSCI Brazil ETF
EWZ
$8.57B
| $490M | 0.07% |
17,465,900
-12,890,700
| -42% | -$387M |
|
208
PUT
Charter Communications
CHTR
$17.9B
| $489M | 0.07% |
750,400
+37,300
| +5% | +$25.4M |
|
209
PUT
Chevron
CVX
$386B
| $489M | 0.07% |
4,163,900
-1,778,500
| -30% | -$202M |
|
210
CALL
Trade Desk
TTD
$6.34B
| $487M | 0.07% |
5,316,200
-3,219,900
| -38% | -$282M |
|
211
PUT
Eli Lilly
LLY
$1.09T
| $487M | 0.07% |
1,763,500
-122,600
| -7% | -$31.1M |
|
212
PUT
MongoDB
MDB
$35.2B
| $484M | 0.07% |
915,000
-123,000
| -12% | -$63M |
|
213
PUT
iShares TIPS Bond ETF
TIP
$14.7B
| $480M | 0.07% |
3,714,000
+3,592,400
| +2,954% | +$463M |
|
214
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $474M | 0.07% |
17,089,600
+73,200
| +0.4% | +$2.07M |
|
215
PUT
Johnson & Johnson
JNJ
$629B
| $474M | 0.07% |
2,768,900
-237,800
| -8% | -$38.9M |
|
216
PUT
Novavax
NVAX
$1.31B
| $472M | 0.07% |
3,296,600
+1,142,500
| +53% | +$196M |
|
217
CALL
Applied Materials
AMAT
$435B
| $468M | 0.07% |
2,973,000
-182,800
| -6% | -$26.5M |
|
218
Qualcomm
QCOM
$171B
| $465M | 0.07% |
2,541,608
-1,386,293
| -35% | -$222M |
|
219
PUT
AbbVie
ABBV
$440B
| $464M | 0.07% |
3,429,200
-951,100
| -22% | -$112M |
|
220
CALL
Comcast
CMCSA
$90.4B
| $463M | 0.07% |
9,159,300
-4,336,900
| -32% | -$226M |
|
221
CALL
AutoZone
AZO
$49.7B
| $462M | 0.07% |
220,500
-21,100
| -9% | -$39.3M |
|
222
PUT
RH
RH
$3.41B
| $461M | 0.07% |
861,000
-302,800
| -26% | -$186M |
|
223
CALL
iShares Silver Trust
SLV
$31.8B
| $461M | 0.07% |
21,442,600
-6,101,500
| -22% | -$132M |
|
224
CALL
GameStop
GME
$8.32B
| $458M | 0.07% |
11,857,200
-194,000
| -2% | -$8.82M |
|
225
PUT
Vale
VALE
$61.4B
| $458M | 0.07% |
32,636,600
+6,295,900
| +24% | +$83.6M |
|
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.