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 | |
|---|---|---|---|---|---|---|
2426
CALL
Jabil
JBL
$38B
| $12.2M | ﹤0.01% |
173,400
-31,100
| -15% | -$1.97M |
|
2427
PUT
KeyCorp
KEY
$25B
| $12.2M | ﹤0.01% |
527,400
-813,800
| -61% | -$18.9M |
|
2428
CALL
Vanguard Energy ETF
VDE
$10.6B
| $12.2M | ﹤0.01% |
157,100
-34,200
| -18% | -$2.72M |
|
|
CALY
2429
PUT
Callaway Golf Company
CALY
$2.94B
| $12.2M | ﹤0.01% |
443,300
-126,900
| -22% | -$3.52M |
|
2430
Verisk Analytics
VRSK
$23.6B
| $12.2M | ﹤0.01% |
53,178
+4,579
| +9% | +$999K |
|
2431
Entegris
ENTG
$24.7B
| $12.2M | ﹤0.01% |
87,726
-10,636
| -11% | -$1.49M |
|
2432
CALL
Encompass Health
EHC
$12.2B
| $12.1M | ﹤0.01% |
233,802
+176,986
| +312% | +$9.13M |
|
2433
Paychex
PAYX
$43.4B
| $12.1M | ﹤0.01% |
88,850
+25,173
| +40% | +$3.11M |
|
2434
PUT
Keurig Dr Pepper
KDP
$42.8B
| $12.1M | ﹤0.01% |
328,600
+201,000
| +158% | +$7.09M |
|
|
BTWN
2435
DELISTED
Bridgetown Holdings Limited Class A Ordinary Shares
BTWN
| $12.1M | ﹤0.01% |
1,232,696
-253,002
| -17% | -$2.5M |
|
|
MRSH
2436
PUT
Marsh
MRSH
$89.6B
| $12.1M | ﹤0.01% |
69,600
+6,900
| +11% | +$1.15M |
|
|
BGFV
2437
PUT
DELISTED
Big 5 Sporting Goods
BGFV
| $12.1M | ﹤0.01% |
636,200
+217,300
| +52% | +$5.42M |
|
2438
PUT
Willis Towers Watson
WTW
$30.8B
| $12.1M | ﹤0.01% |
50,900
-92,500
| -65% | -$21.9M |
|
|
PSTH
2439
CALL
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
| $12.1M | ﹤0.01% |
611,700
-978,000
| -62% | -$19.4M |
|
|
COUP
2440
DELISTED
Coupa Software Incorporated
COUP
| $12.1M | ﹤0.01% |
76,280
-74,793
| -50% | -$15.4M |
|
|
WW
2441
CALL
DELISTED
WW International
WW
| $12M | ﹤0.01% |
745,300
+51,300
| +7% | +$921K |
|
2442
PUT
Molson Coors Class B
TAP
$7.97B
| $12M | ﹤0.01% |
258,900
-534,400
| -67% | -$24.5M |
|
2443
Organon & Co
OGN
$3.6B
| $12M | ﹤0.01% |
393,769
+106,552
| +37% | +$3.47M |
|
|
MIME
2444
CALL
DELISTED
Mimecast Limited
MIME
| $12M | ﹤0.01% |
150,600
-7,200
| -5% | -$542K |
|
2445
VF Corp
VFC
$5.85B
| $12M | ﹤0.01% |
163,493
+84,322
| +107% | +$6.16M |
|
|
GOOS
2446
CALL
Canada Goose Holdings
GOOS
$854M
| $11.9M | ﹤0.01% |
322,400
-22,100
| -6% | -$905K |
|
2447
Rithm Capital
RITM
$5.79B
| $11.9M | ﹤0.01% |
1,113,093
+613,409
| +123% | +$6.84M |
|
|
NVTA
2448
PUT
DELISTED
Invitae Corporation
NVTA
| $11.9M | ﹤0.01% |
780,600
-108,700
| -12% | -$2.35M |
|
2449
CALL
Joby Aviation
JOBY
$7.83B
| $11.9M | ﹤0.01% |
1,630,800
+237,600
| +17% | +$1.98M |
|
2450
CALL
Fox Class A
FOXA
$29B
| $11.9M | ﹤0.01% |
322,600
-93,700
| -23% | -$3.69M |
|
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.