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 20+ Year Treasury Bond ETF
TLT
|
+$607M |
| 2 |
Apple
AAPL
|
+$361M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$214M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$208M |
| 5 |
Intel
INTC
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.73B |
| 2 |
Pfizer
PFE
|
+$887M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$696M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$433M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.86% |
| 2 | Financials | 1.7% |
| 3 | Consumer Discretionary | 1.45% |
| 4 | Energy | 1.26% |
| 5 | Healthcare | 1.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
PUT
Occidental Petroleum
OXY
$55.9B
| $120M | 0.06% |
1,339,684
-378,264
| -22% | -$32.5M |
|
252
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $120M | 0.06% |
528,374
-578,164
| -52% | -$129M |
|
|
VXX
253
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $119M | 0.06% |
126,873
-12,352
| -9% | -$12.4M |
|
254
CALL
AT&T
T
$163B
| $119M | 0.06% |
4,659,950
+1,063,039
| +30% | +$27.9M |
|
255
PUT
Salesforce
CRM
$158B
| $119M | 0.06% |
2,288,300
-378,700
| -14% | -$17.2M |
|
256
NOV
NOV
$7B
| $118M | 0.06% |
1,676,242
+589,542
| +54% | +$39.5M |
|
257
PUT
3M
MMM
$94.3B
| $118M | 0.06% |
1,180,452
+54,657
| +5% | +$5.31M |
|
258
PUT
Colgate-Palmolive
CL
$74.4B
| $118M | 0.06% |
1,983,900
-3,010,900
| -60% | -$178M |
|
259
CALL
Vodafone
VOD
$37.4B
| $117M | 0.06% |
3,274,774
-136,163
| -4% | -$4.3M |
|
260
PUT
Regeneron Pharmaceuticals
REGN
$80.8B
| $117M | 0.06% |
375,200
+7,600
| +2% | +$2M |
|
261
CALL
First Solar
FSLR
$26.9B
| $117M | 0.06% |
2,917,400
+882,000
| +43% | +$37.3M |
|
262
Las Vegas Sands
LVS
$29.6B
| $117M | 0.06% |
1,762,762
-976,694
| -36% | -$56.6M |
|
263
BP
BP
$107B
| $117M | 0.06% |
3,404,559
+211,688
| +7% | +$7.26M |
|
264
CALL
Yelp
YELP
$1.41B
| $117M | 0.06% |
1,767,300
+1,103,600
| +166% | +$56.5M |
|
265
PUT
American Express
AXP
$230B
| $116M | 0.06% |
1,541,000
+811,200
| +111% | +$61M |
|
266
PUT
Blackstone
BX
$110B
| $116M | 0.06% |
4,751,393
+305,802
| +7% | +$6.81M |
|
267
PUT
Teva Pharmaceuticals
TEVA
$41.2B
| $116M | 0.06% |
3,069,300
+251,900
| +9% | +$9.83M |
|
268
Visa
V
$677B
| $115M | 0.06% |
2,412,708
+1,448,620
| +150% | +$66.9M |
|
|
QCOR
269
PUT
DELISTED
QUESTCOR PHARMA INC
QCOR
| $115M | 0.06% |
1,982,700
+594,700
| +43% | +$35.3M |
|
270
Coca-Cola
KO
$375B
| $115M | 0.06% |
3,033,262
+1,681,369
| +124% | +$66.5M |
|
|
ESRX
271
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $114M | 0.06% |
1,851,000
+542,700
| +41% | +$35.1M |
|
272
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $114M | 0.06% |
2,447,000
+1,117,200
| +84% | +$50.5M |
|
273
CALL
ConocoPhillips
COP
$141B
| $113M | 0.06% |
1,627,700
+59,600
| +4% | +$3.98M |
|
274
PUT
HP
HPQ
$27.5B
| $113M | 0.06% |
11,839,493
+3,578,029
| +43% | +$39.5M |
|
|
275
CALL
Regeneron Pharmaceuticals
REGN
$80.8B
| $113M | 0.06% |
360,100
-47,100
| -12% | -$12.4M |
|
Similar funds
Susquehanna International Group's Q3 2013 Portfolio in Review
As of Q3 2013, Susquehanna International Group held 9,320 positions worth $189B, up 7.4% from $176B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- Susquehanna International Group's largest Q3 2013 buy was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M.
- Susquehanna International Group added most to iShares 20+ Year Treasury Bond ETF in Q3 2013, an estimated $607M increase.
- Susquehanna International Group's biggest Q3 2013 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.73B.
- Susquehanna International Group fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $41.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $189B portfolio in Q3 2013.
- Susquehanna International Group opened 1,211 new positions and closed 982 in Q3 2013.
- Susquehanna International Group's portfolio value rose 7.4% quarter-over-quarter to $189B.
Based on Susquehanna International Group's 13F filing for Q3 2013, filed 13 Nov 2013.