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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.22B |
| 2 |
Alibaba
BABA
|
+$408M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$292M |
| 4 |
Gilead Sciences
GILD
|
+$218M |
| 5 |
Ford
F
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$1.37B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.18B |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$619M |
| 4 |
Bank of America
BAC
|
+$487M |
| 5 |
Booking.com
BKNG
|
+$406M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.49% |
| 2 | Consumer Discretionary | 1.99% |
| 3 | Financials | 1.6% |
| 4 | Healthcare | 1.35% |
| 5 | Energy | 1.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SHLD
226
PUT
DELISTED
Sears Holding Corporation
SHLD
| $205M | 0.08% |
6,214,300
+769,122
| +14% | +$25.2M |
|
227
CALL
DuPont de Nemours
DD
$19.2B
| $205M | 0.08% |
1,774,003
-264,452
| -13% | -$32.2M |
|
228
Halliburton
HAL
$26.6B
| $204M | 0.08% |
5,194,401
+3,663,854
| +239% | +$178M |
|
229
PUT
Herbalife
HLF
$1.29B
| $202M | 0.08% |
10,722,600
+2,848,800
| +36% | +$61M |
|
230
CALL
Verizon
VZ
$196B
| $202M | 0.08% |
4,293,700
-225,500
| -5% | -$11M |
|
231
PUT
American International
AIG
$41.8B
| $202M | 0.08% |
3,601,000
-2,525,100
| -41% | -$135M |
|
|
232
CALL
Herbalife
HLF
$1.29B
| $200M | 0.08% |
10,625,200
+636,000
| +6% | +$13.6M |
|
|
PXD
233
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $199M | 0.08% |
1,339,400
+148,700
| +12% | +$24.5M |
|
234
BP
BP
$107B
| $198M | 0.08% |
6,254,797
+1,496,977
| +31% | +$50.3M |
|
235
PUT
ConocoPhillips
COP
$141B
| $197M | 0.08% |
2,854,500
+529,500
| +23% | +$37M |
|
236
CALL
Wynn Resorts
WYNN
$10.6B
| $196M | 0.08% |
1,320,000
-169,700
| -11% | -$29.1M |
|
237
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $196M | 0.08% |
4,162,998
+3,502,496
| +530% | +$171M |
|
238
PUT
Teva Pharmaceuticals
TEVA
$41.2B
| $196M | 0.08% |
3,401,200
-262,300
| -7% | -$14.6M |
|
|
BWP
239
DELISTED
Boardwalk Pipeline Partners
BWP
| $195M | 0.08% |
10,988,559
-171,798
| -2% | -$2.9M |
|
|
240
Booking.com
BKNG
$161B
| $194M | 0.08% |
4,243,350
-8,979,475
| -68% | -$406M |
|
241
PUT
Freeport-McMoran
FCX
$97.5B
| $193M | 0.08% |
8,278,000
+2,288,500
| +38% | +$63.2M |
|
242
CALL
Capri Holdings
CPRI
$1.74B
| $193M | 0.08% |
2,563,600
+316,400
| +14% | +$23.6M |
|
243
PUT
Occidental Petroleum
OXY
$55.9B
| $191M | 0.08% |
2,376,440
+90,574
| +4% | +$7.52M |
|
244
Visa
V
$677B
| $191M | 0.08% |
2,910,196
+2,129,868
| +273% | +$128M |
|
245
CALL
RTX Corp
RTX
$301B
| $190M | 0.08% |
2,629,159
+896,990
| +52% | +$61.2M |
|
246
CALL
Williams Companies
WMB
$86.1B
| $190M | 0.08% |
4,229,900
+1,552,200
| +58% | +$79.4M |
|
247
CALL
Cisco
CSCO
$479B
| $190M | 0.08% |
6,830,000
+380,600
| +6% | +$9.83M |
|
248
CALL
Target
TGT
$68B
| $189M | 0.08% |
2,491,600
+582,100
| +30% | +$39.3M |
|
249
CALL
iShares MSCI Brazil ETF
EWZ
$8.95B
| $189M | 0.08% |
5,167,200
-8,970,000
| -63% | -$364M |
|
|
ESRX
250
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $187M | 0.07% |
2,212,100
+798,100
| +56% | +$62.4M |
|
Similar funds
Susquehanna International Group's Q4 2014 Portfolio in Review
As of Q4 2014, Susquehanna International Group held 10,737 positions worth $252B, down 3% from $260B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Susquehanna International Group withdrew a net $10.2B in Q4 2014, closing 1,178 positions and reducing 4,352 holdings. Its most notable exit was Bausch Health, an estimated $68.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, up from 2.2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in FlexShares Global Upstream Natural Resources Index Fund worth $31M.
- Susquehanna International Group's largest Q4 2014 buy was FlexShares Global Upstream Natural Resources Index Fund: 1,011,289 shares worth $31M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $1.22B increase.
- Susquehanna International Group's biggest Q4 2014 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $1.37B.
- Susquehanna International Group fully exited Bausch Health in Q4 2014, selling an estimated $68.9M.
- Susquehanna International Group's ten largest holdings make up 23% of its $252B portfolio in Q4 2014.
- Susquehanna International Group opened 1,370 new positions and closed 1,178 in Q4 2014.
- Susquehanna International Group's portfolio value fell 3% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2014, filed 17 Feb 2015.