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 | |
|---|---|---|---|---|---|---|
3076
iShares MSCI Australia ETF
EWA
$1.45B
| $4.32M | ﹤0.01% |
194,853
+150,083
| +335% | +$3.57M |
|
3077
Radware
RDWR
$1.25B
| $4.32M | ﹤0.01% |
196,205
-30,743
| -14% | -$601K |
|
|
SCHR
3078
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $4.32M | ﹤0.01% |
161,102
+151,080
| +1,507% | +$4.04M |
|
|
IHS
3079
PUT
DELISTED
IHS INC CL-A COM STK
IHS
| $4.32M | ﹤0.01% |
37,900
+19,300
| +104% | +$2.4M |
|
3080
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $4.31M | ﹤0.01% |
210,000
-34,800
| -14% | -$733K |
|
3081
Lazard
LAZ
$4.43B
| $4.3M | ﹤0.01% |
86,060
+60,625
| +238% | +$3.01M |
|
3082
CALL
Ovintiv
OVV
$17.2B
| $4.3M | ﹤0.01% |
62,060
-39,800
| -39% | -$3.39M |
|
|
CAM
3083
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $4.3M | ﹤0.01% |
86,144
-60,346
| -41% | -$3.34M |
|
|
CS
3084
CALL
DELISTED
Credit Suisse Group
CS
| $4.3M | ﹤0.01% |
171,400
+30,800
| +22% | +$807K |
|
3085
iShares Global Materials ETF
MXI
$356M
| $4.3M | ﹤0.01% |
76,847
-17,023
| -18% | -$976K |
|
|
PAY
3086
DELISTED
Verifone Systems Inc
PAY
| $4.29M | ﹤0.01% |
115,422
-664,125
| -85% | -$23.4M |
|
3087
PUT
Sinclair Inc
SBGI
$1.03B
| $4.29M | ﹤0.01% |
156,900
-242,700
| -61% | -$6.61M |
|
|
DANG
3088
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $4.29M | ﹤0.01% |
461,533
-111,002
| -19% | -$1.23M |
|
3089
Belden
BDC
$5.36B
| $4.28M | ﹤0.01% |
54,331
-48,776
| -47% | -$3.46M |
|
3090
PUT
Omega Healthcare
OHI
$13.9B
| $4.28M | ﹤0.01% |
109,600
-45,300
| -29% | -$1.72M |
|
3091
PUT
Cracker Barrel
CBRL
$1.31B
| $4.28M | ﹤0.01% |
30,400
-19,700
| -39% | -$2.37M |
|
3092
CALL
Western Union
WU
$2.34B
| $4.28M | ﹤0.01% |
238,900
-365,000
| -60% | -$6.33M |
|
3093
Unum
UNM
$14.7B
| $4.27M | ﹤0.01% |
122,407
-42,502
| -26% | -$1.43M |
|
3094
PUT
iShares MSCI Turkey ETF
TUR
$220M
| $4.26M | ﹤0.01% |
78,400
-144,200
| -65% | -$7.65M |
|
|
PL
3095
PUT
DELISTED
PROTECTIVE LIFE CORP
PL
| $4.26M | ﹤0.01% |
61,100
+29,300
| +92% | +$2.04M |
|
|
ANR
3096
CALL
DELISTED
Alpha Natural Resources Inc
ANR
| $4.25M | ﹤0.01% |
2,548,100
+1,089,000
| +75% | +$2.22M |
|
|
VSI
3097
DELISTED
Vitamin Shoppe Inc.
VSI
| $4.25M | ﹤0.01% |
87,441
+81,441
| +1,357% | +$3.74M |
|
|
INFI
3098
CALL
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $4.25M | ﹤0.01% |
251,400
+53,800
| +27% | +$783K |
|
3099
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$138M
| $4.24M | ﹤0.01% |
157,803
+64,353
| +69% | +$1.67M |
|
3100
PUT
Caesarstone
CSTE
$105M
| $4.24M | ﹤0.01% |
70,900
-227,100
| -76% | -$12.9M |
|
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.