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 |
Synchrony
SYF
|
+$683M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$485M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$394M |
| 4 |
Apple
AAPL
|
+$378M |
| 5 |
Bausch Health
BHC
|
+$280M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$805M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$603M |
| 3 |
GE Aerospace
GE
|
+$548M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$426M |
| 5 |
Gilead Sciences
GILD
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.99% |
| 2 | Financials | 2.13% |
| 3 | Consumer Discretionary | 1.62% |
| 4 | Communication Services | 1.4% |
| 5 | Healthcare | 1.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
PUT
Home Depot
HD
$355B
| $148M | 0.07% |
1,117,700
-1,725,800
| -61% | -$220M |
|
252
Micron Technology
MU
$991B
| $147M | 0.07% |
10,400,353
-10,176,797
| -49% | -$163M |
|
|
YHOO
253
DELISTED
Yahoo Inc
YHOO
| $147M | 0.07% |
4,424,389
-567,288
| -11% | -$18.9M |
|
254
CALL
Union Pacific
UNP
$174B
| $147M | 0.07% |
1,880,900
-626,100
| -25% | -$53.7M |
|
255
PUT
MetLife
MET
$62.1B
| $146M | 0.07% |
3,409,421
-198,146
| -5% | -$8.71M |
|
256
CALL
Expedia Group
EXPE
$37.3B
| $145M | 0.07% |
1,169,800
+456,200
| +64% | +$57.8M |
|
257
American Airlines Group
AAL
$10.6B
| $145M | 0.07% |
3,430,399
-2,081,331
| -38% | -$90.2M |
|
258
Biogen
BIIB
$30.7B
| $144M | 0.07% |
470,645
-429,650
| -48% | -$123M |
|
259
CALL
iShares Silver Trust
SLV
$30.7B
| $143M | 0.07% |
10,789,700
-1,945,700
| -15% | -$27.4M |
|
260
CALL
Intercontinental Exchange
ICE
$84.4B
| $142M | 0.07% |
2,776,500
+51,500
| +2% | +$2.59M |
|
261
Olin
OLN
$2.12B
| $141M | 0.07% |
8,193,235
+6,347,825
| +344% | +$122M |
|
262
Visa
V
$677B
| $140M | 0.06% |
1,811,247
+861,774
| +91% | +$66.8M |
|
263
IBM
IBM
$224B
| $140M | 0.06% |
1,064,989
-25,056
| -2% | -$3.37M |
|
264
PUT
NXP Semiconductors
NXPI
$60.4B
| $139M | 0.06% |
1,644,700
-35,000
| -2% | -$3M |
|
|
SCTY
265
PUT
DELISTED
SolarCity Corporation
SCTY
| $139M | 0.06% |
2,715,800
+331,500
| +14% | +$12.9M |
|
266
PUT
Nike
NKE
$61.9B
| $137M | 0.06% |
2,198,500
-71,900
| -3% | -$4.64M |
|
267
CALL
ConocoPhillips
COP
$141B
| $137M | 0.06% |
2,931,800
+677,200
| +30% | +$35.4M |
|
268
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $137M | 0.06% |
538,600
+67,500
| +14% | +$17.6M |
|
|
DISH
269
CALL
DELISTED
DISH Network Corp.
DISH
| $136M | 0.06% |
2,385,900
+1,418,300
| +147% | +$86.9M |
|
|
SNDK
270
PUT
DELISTED
SANDISK CORP
SNDK
| $135M | 0.06% |
1,777,800
-620,300
| -26% | -$45.4M |
|
|
271
PUT
Union Pacific
UNP
$174B
| $135M | 0.06% |
1,723,400
-647,900
| -27% | -$55.6M |
|
272
CALL
eBay
EBAY
$49.8B
| $134M | 0.06% |
4,888,800
-637,300
| -12% | -$17.6M |
|
273
PUT
Transocean
RIG
$5.82B
| $134M | 0.06% |
10,845,200
-24,024,600
| -69% | -$346M |
|
274
CALL
Yum! Brands
YUM
$41.1B
| $134M | 0.06% |
2,547,756
-175,683
| -6% | -$9.18M |
|
275
CALL
Valero Energy
VLO
$85.9B
| $133M | 0.06% |
1,885,600
-409,000
| -18% | -$27.9M |
|
Similar funds
Susquehanna International Group's Q4 2015 Portfolio in Review
As of Q4 2015, Susquehanna International Group held 10,716 positions worth $216B, down 6.4% from $231B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Susquehanna International Group withdrew a net $26.7B in Q4 2015, closing 1,373 positions and reducing 4,567 holdings. Its most notable exit was Altera Corp, an estimated $97.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.9% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in Alphabet (Google) Class A worth $510M.
- Susquehanna International Group's largest Q4 2015 buy was Alphabet (Google) Class A: 13,098,340 shares worth $510M.
- Susquehanna International Group added most to Synchrony in Q4 2015, an estimated $683M increase.
- Susquehanna International Group's biggest Q4 2015 reduction was DuPont de Nemours, cutting an estimated $805M.
- Susquehanna International Group fully exited Altera Corp in Q4 2015, selling an estimated $97.3M.
- Susquehanna International Group's ten largest holdings make up 21% of its $216B portfolio in Q4 2015.
- Susquehanna International Group opened 1,138 new positions and closed 1,373 in Q4 2015.
- Susquehanna International Group's portfolio value fell 6.4% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q4 2015, filed 16 Feb 2016.