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 | |
|---|---|---|---|---|---|---|
251
CALL
3M
MMM
$94.3B
| $187M | 0.07% |
1,361,168
-97,832
| -7% | -$12.6M |
|
252
JPMorgan Chase
JPM
$950B
| $186M | 0.07% |
2,971,400
-1,516,346
| -34% | -$91.2M |
|
|
QIHU
253
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $184M | 0.07% |
3,211,500
+52,600
| +2% | +$3.47M |
|
254
PUT
VanEck Gold Miners ETF
GDX
$27.4B
| $184M | 0.07% |
9,985,700
-736,300
| -7% | -$14.2M |
|
255
CALL
United States Oil Fund
USO
$1.84B
| $183M | 0.07% |
1,123,050
+872,912
| +349% | +$194M |
|
256
PUT
lululemon athletica
LULU
$14.6B
| $183M | 0.07% |
3,277,300
-45,300
| -1% | -$2.07M |
|
|
257
CALL
lululemon athletica
LULU
$14.6B
| $182M | 0.07% |
3,255,400
-22,200
| -0.7% | -$1.01M |
|
258
CALL
Bristol-Myers Squibb
BMY
$132B
| $180M | 0.07% |
3,044,600
-767,900
| -20% | -$43.3M |
|
259
PUT
Lockheed Martin
LMT
$136B
| $178M | 0.07% |
922,700
+144,000
| +18% | +$26.7M |
|
|
TPH
260
DELISTED
Tri Pointe Homes
TPH
| $176M | 0.07% |
11,569,207
-1,615,050
| -12% | -$23M |
|
261
PUT
Kinder Morgan
KMI
$68.7B
| $176M | 0.07% |
4,153,300
+423,000
| +11% | +$16.7M |
|
262
PUT
EOG Resources
EOG
$70.7B
| $176M | 0.07% |
1,908,400
+253,300
| +15% | +$23.6M |
|
|
CBST
263
PUT
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $175M | 0.07% |
1,742,100
+1,215,400
| +231% | +$94.5M |
|
264
CALL
Home Depot
HD
$355B
| $175M | 0.07% |
1,662,900
-195,000
| -10% | -$18.9M |
|
265
PUT
Dollar General
DG
$27.9B
| $172M | 0.07% |
2,428,000
+1,444,700
| +147% | +$94M |
|
266
Mastercard
MA
$493B
| $166M | 0.07% |
1,931,117
-1,070,726
| -36% | -$87.4M |
|
|
QIHU
267
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $166M | 0.07% |
2,905,600
+602,700
| +26% | +$39.8M |
|
268
PUT
American Express
AXP
$230B
| $166M | 0.07% |
1,786,200
+93,200
| +6% | +$8.36M |
|
269
Baidu
BIDU
$37.2B
| $165M | 0.07% |
725,369
-440,942
| -38% | -$101M |
|
270
PUT
Blackrock
BLK
$176B
| $164M | 0.07% |
460,000
+36,200
| +9% | +$12.4M |
|
271
PUT
AbbVie
ABBV
$435B
| $164M | 0.07% |
2,509,800
+1,102,300
| +78% | +$69.5M |
|
|
ESRX
272
DELISTED
Express Scripts Holding Company
ESRX
| $162M | 0.06% |
1,914,583
-320,517
| -14% | -$25M |
|
273
PUT
Equinix
EQIX
$103B
| $159M | 0.06% |
702,900
+306,500
| +77% | +$66.3M |
|
274
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.46B
| $159M | 0.06% |
3,935,600
-1,114,600
| -22% | -$39.9M |
|
275
CALL
Las Vegas Sands
LVS
$29.6B
| $159M | 0.06% |
2,733,500
-1,661,000
| -38% | -$100M |
|
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.