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 |
iShares Russell 2000 ETF
IWM
|
+$580M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$256M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$200M |
| 4 |
Cheniere Energy
LNG
|
+$147M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$889M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$332M |
| 3 |
HIG.WS
Hartford Financial Services Grp
HIG.WS
|
+$329M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$231M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 85.89% |
| 2 | Technology | 3.62% |
| 3 | Financials | 1.79% |
| 4 | Consumer Discretionary | 1.58% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$44.6B
| $153M | 0.07% |
926,900
-659,600
| -42% | -$104M |
2013 Q2
2 quarters
|
|
227
eBay
EBAY
$47.3B
| $151M | 0.07% |
6,520,328
+4,593,699
| +238% | +$102M |
2013 Q2
2 quarters
|
|
228
Teva Pharmaceutical Industries Limited
TEVA
$46.1B
| $150M | 0.07% |
3,753,485
+1,024,680
| +38% | +$40.3M |
2013 Q2
2 quarters
|
|
229
CALL
First Solar
FSLR
$18.8B
| $150M | 0.07% |
2,748,400
-169,000
| -6% | -$9.24M |
2013 Q2
2 quarters
|
|
230
PUT
CF Industries
CF
$17.4B
| $149M | 0.07% |
3,206,500
-176,000
| -5% | -$7.7M |
2013 Q2
2 quarters
|
|
|
231
PUT
Cheniere Energy
LNG
$55.8B
| $148M | 0.07% |
3,439,200
+2,272,400
| +195% | +$90.5M |
2013 Q2
2 quarters
|
|
|
ONIT
232
PUT
Onity Group
ONIT
$228M
| $148M | 0.07% |
178,233
+144,073
| +422% | +$119M |
2013 Q2
2 quarters
|
|
233
CALL
Bristol-Myers Squibb
BMY
$125B
| $147M | 0.07% |
2,771,100
+30,800
| +1% | +$1.57M |
2013 Q2
2 quarters
|
|
234
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.1B
| $147M | 0.07% |
535,650
+61,875
| +13% | +$16.9M |
2013 Q2
2 quarters
|
|
235
PUT
MetLife
MET
$60B
| $145M | 0.07% |
3,010,326
+20,196
| +0.7% | +$905K |
2013 Q2
2 quarters
|
|
236
PUT
EOG Resources
EOG
$74.2B
| $144M | 0.07% |
1,721,800
+293,200
| +21% | +$25.1M |
2013 Q2
2 quarters
|
|
237
PUT
Blackrock
BLK
$164B
| $144M | 0.07% |
456,500
-53,800
| -11% | -$16.1M |
2013 Q2
2 quarters
|
|
238
CALL
Caterpillar
CAT
$389B
| $144M | 0.07% |
1,586,100
+382,700
| +32% | +$32.7M |
2013 Q2
2 quarters
|
|
|
DISH
239
CALL
DELISTED
DISH Network Corp.
DISH
| $143M | 0.07% |
2,465,600
+378,500
| +18% | +$19.4M |
2013 Q2
2 quarters
|
|
240
PUT
Walt Disney
DIS
$176B
| $142M | 0.07% |
1,864,000
+199,700
| +12% | +$13.8M |
2013 Q2
2 quarters
|
|
241
Gilead Sciences
GILD
$179B
| $142M | 0.07% |
1,893,733
+607,295
| +47% | +$42.3M |
2013 Q2
2 quarters
|
|
242
Visteon
VC
$2.37B
| $141M | 0.07% |
1,720,055
-13,657
| -0.8% | -$1.05M |
2013 Q2
2 quarters
|
|
|
GRA
243
PUT
DELISTED
W.R. Grace & Co.
GRA
| $141M | 0.06% |
1,421,400
+1,127,200
| +383% | +$105M |
2013 Q2
2 quarters
|
|
244
PUT
Halliburton
HAL
$26.5B
| $140M | 0.06% |
2,751,500
+811,000
| +42% | +$41.9M |
2013 Q2
2 quarters
|
|
|
CELG
245
DELISTED
Celgene Corp
CELG
| $139M | 0.06% |
1,646,116
-714,718
| -30% | -$56.6M |
2013 Q2
2 quarters
|
|
246
CALL
UnitedHealth
UNH
$334B
| $139M | 0.06% |
1,845,000
+450,200
| +32% | +$32.3M |
2013 Q2
2 quarters
|
|
247
PUT
Home Depot
HD
$282B
| $139M | 0.06% |
1,686,900
-391,400
| -19% | -$30.5M |
2013 Q2
2 quarters
|
|
248
CALL
Bank of America
BAC
$376B
| $138M | 0.06% |
8,889,000
-1,477,900
| -14% | -$21.9M |
2013 Q2
2 quarters
|
|
249
PUT
Transocean
RIG
$5.77B
| $137M | 0.06% |
2,776,800
+835,300
| +43% | +$40.9M |
2013 Q2
2 quarters
|
|
|
PCYC
250
CALL
DELISTED
PHARMACYCLICS INC
PCYC
| $137M | 0.06% |
1,294,200
+799,100
| +161% | +$97M |
2013 Q2
2 quarters
|
|
Similar funds
Susquehanna International Group's Q4 2013 Portfolio in Review
As of Q4 2013, Susquehanna International Group held 9,880 positions worth $217B, up 15% from $189B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2013 filing shows 1,544 new, 3,872 increased, 3,399 reduced and 949 closed positions. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M. The largest sale was Apple, an estimated $889M.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 86% a quarter earlier, followed by Technology and Financials.
- Susquehanna International Group's largest Q4 2013 buy was American Airlines Group: 1,433,148 shares worth $36.2M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q4 2013, an estimated $580M increase.
- Susquehanna International Group's biggest Q4 2013 reduction was Apple, cutting an estimated $889M.
- Susquehanna International Group fully exited Hartford Financial Services Grp in Q4 2013, selling an estimated $329M.
- Susquehanna International Group's ten largest holdings make up 24% of its $217B portfolio in Q4 2013.
- Susquehanna International Group opened 1,544 new positions and closed 949 in Q4 2013.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $217B.
Based on Susquehanna International Group's 13F filing for Q4 2013, filed 13 Feb 2014.