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 | |
|---|---|---|---|---|---|---|
|
OREX
3051
PUT
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $4.41M | ﹤0.01% |
72,800
-44,120
| -38% | -$2.22M |
|
3052
LSB Industries
LXU
$711M
| $4.41M | ﹤0.01% |
182,341
+23,091
| +14% | +$591K |
|
3053
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
$690M
| $4.4M | ﹤0.01% |
76,868
+48,709
| +173% | +$2.91M |
|
3054
Gold Fields
GFI
$35.4B
| $4.4M | ﹤0.01% |
971,063
+124,514
| +15% | +$498K |
|
3055
VanEck Agribusiness ETF
MOO
$972M
| $4.39M | ﹤0.01% |
83,604
+47,153
| +129% | +$2.51M |
|
3056
iShares MSCI Netherlands ETF
EWN
$735M
| $4.39M | ﹤0.01% |
183,714
+169,280
| +1,173% | +$4.04M |
|
|
CNL
3057
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $4.39M | ﹤0.01% |
80,519
-39,169
| -33% | -$2.07M |
|
3058
PUT
British American Tobacco
BTI
$124B
| $4.39M | ﹤0.01% |
81,400
-255,600
| -76% | -$14.4M |
|
3059
CALL
ArcelorMittal
MT
$55.2B
| $4.38M | ﹤0.01% |
173,840
+6,254
| +4% | +$174K |
|
|
VNR
3060
CALL
DELISTED
Vanguard Natural Resources, LLC
VNR
| $4.38M | ﹤0.01% |
290,800
+65,200
| +29% | +$1.46M |
|
|
BLUE
3061
PUT
DELISTED
bluebird bio
BLUE
| $4.38M | ﹤0.01% |
3,682
-3,119
| -46% | -$2.08M |
|
|
GREK
3062
CALL
Global X MSCI Greece ETF
GREK
$331M
| $4.38M | ﹤0.01% |
108,833
+83,966
| +338% | +$4.05M |
|
|
DRYS
3063
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
|
3064
PUT
DigitalBridge
DBRG
$2.94B
| $4.36M | ﹤0.01% |
48,325
-7,375
| -13% | -$584K |
|
3065
ProShares UltraPro Short S&P 500
SPXU
$378M
| $4.36M | ﹤0.01% |
287
+222
| +342% | +$3.74M |
|
3066
Nabors Industries
NBR
$1.35B
| $4.36M | ﹤0.01% |
6,718
-3,399
| -34% | -$2.69M |
|
|
HYLD
3067
DELISTED
High Yield ETF
HYLD
| $4.36M | ﹤0.01% |
105,883
+63,538
| +150% | +$2.93M |
|
3068
PUT
Murphy Oil
MUR
$4.99B
| $4.36M | ﹤0.01% |
86,200
-116,000
| -57% | -$5.94M |
|
|
HAR
3069
DELISTED
Harman International Industries
HAR
| $4.35M | ﹤0.01% |
40,734
+3,880
| +11% | +$400K |
|
3070
CALL
Shutterstock
SSTK
$217M
| $4.35M | ﹤0.01% |
62,900
+23,300
| +59% | +$1.69M |
|
|
IBDA
3071
DELISTED
ISHARES IBONDS MAR 2016 CORPORATE ETF
IBDA
| $4.34M | ﹤0.01% |
42,996
+24,353
| +131% | +$2.46M |
|
3072
Hanover Insurance
THG
$7.77B
| $4.33M | ﹤0.01% |
60,713
+18,953
| +45% | +$1.28M |
|
3073
CarMax
KMX
$8.52B
| $4.33M | ﹤0.01% |
64,971
+38,626
| +147% | +$2.14M |
|
3074
F5
FFIV
$23.6B
| $4.32M | ﹤0.01% |
33,140
-26,978
| -45% | -$3.36M |
|
3075
Cintas
CTAS
$80.3B
| $4.32M | ﹤0.01% |
220,360
+54,700
| +33% | +$988K |
|
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.