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 Russell 2000 ETF
IWM
|
+$580M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$256M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$200M |
| 4 |
Cheniere Energy
LNG
|
+$147M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$889M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$332M |
| 3 |
HIG.WS
Hartford Financial Services Grp
HIG.WS
|
+$329M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$231M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 85.89% |
| 2 | Technology | 3.62% |
| 3 | Financials | 1.79% |
| 4 | Consumer Discretionary | 1.58% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
301
PUT
Equinix
EQIX
$101B
| $114M | 0.05% |
642,500
+133,200
| +26% | +$22.1M |
2013 Q2
2 quarters
|
|
302
CALL
Nokia
NOK
$59.3B
| $113M | 0.05% |
13,984,000
+1,723,200
| +14% | +$13M |
2013 Q2
2 quarters
|
|
303
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.1B
| $113M | 0.05% |
413,050
-115,450
| -22% | -$31.6M |
2013 Q2
2 quarters
|
|
304
PUT
Lockheed Martin
LMT
$117B
| $113M | 0.05% |
760,200
+17,200
| +2% | +$2.34M |
2013 Q2
2 quarters
|
|
|
X
305
PUT
DELISTED
US Steel
X
| $113M | 0.05% |
3,824,300
-547,400
| -13% | -$14.1M |
2013 Q2
2 quarters
|
|
306
PUT
Yum! Brands
YUM
$37.1B
| $113M | 0.05% |
2,072,868
+1,483,919
| +252% | +$76.3M |
2013 Q2
2 quarters
|
|
|
QIHU
307
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $112M | 0.05% |
1,367,300
+163,800
| +14% | +$13.7M |
2013 Q2
2 quarters
|
|
308
CALL
Las Vegas Sands
LVS
$23.5B
| $112M | 0.05% |
1,421,000
-697,400
| -33% | -$50.2M |
2013 Q2
2 quarters
|
|
309
PUT
Costco
COST
$408B
| $112M | 0.05% |
939,900
+326,700
| +53% | +$39.1M |
2013 Q2
2 quarters
|
|
|
QIHU
310
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $112M | 0.05% |
1,360,300
-197,600
| -13% | -$16.5M |
2013 Q2
2 quarters
|
|
311
Micron Technology
MU
$1.21T
| $111M | 0.05% |
5,114,172
+2,839,351
| +125% | +$55.2M |
2013 Q2
2 quarters
|
|
312
PUT
Vale
VALE
$58.6B
| $111M | 0.05% |
7,267,700
+1,965,800
| +37% | +$30.6M |
2013 Q2
2 quarters
|
|
|
B
313
CALL
Barrick Mining
B
$66.2B
| $111M | 0.05% |
6,285,000
+676,400
| +12% | +$11.9M |
2013 Q2
2 quarters
|
|
|
WFM
314
PUT
DELISTED
Whole Foods Market Inc
WFM
| $111M | 0.05% |
1,912,200
+787,900
| +70% | +$46.7M |
2013 Q2
2 quarters
|
|
315
Verizon
VZ
$191B
| $110M | 0.05% |
2,238,291
-88,457
| -4% | -$4.35M |
2013 Q2
2 quarters
|
|
316
State Street Financial Select Sector SPDR ETF
XLF
$50.6B
| $110M | 0.05% |
5,724,193
-81,507
| -1% | -$1.5M |
2013 Q2
2 quarters
|
|
317
CALL
ConocoPhillips
COP
$152B
| $109M | 0.05% |
1,545,000
-82,700
| -5% | -$5.94M |
2013 Q2
2 quarters
|
|
|
AMTD
318
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $108M | 0.05% |
3,525,300
-52,900
| -1% | -$1.51M |
2013 Q2
2 quarters
|
|
319
CALL
Teva Pharmaceutical Industries Limited
TEVA
$46.1B
| $107M | 0.05% |
2,659,600
+1,821,700
| +217% | +$71.7M |
2013 Q2
2 quarters
|
|
320
CALL
Oil States International
OIS
$496M
| $107M | 0.05% |
1,832,775
+1,049,300
| +134% | +$62.9M |
2013 Q2
2 quarters
|
|
321
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| – | – |
0
| – | – |
2013 Q2
2 quarters
|
|
322
CALL
Valero Energy
VLO
$117B
| $106M | 0.05% |
2,102,000
-497,400
| -19% | -$21M |
2013 Q2
2 quarters
|
|
|
ESRX
323
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $105M | 0.05% |
1,500,700
-350,300
| -19% | -$22.9M |
2013 Q2
2 quarters
|
|
324
CALL
DuPont de Nemours
DD
$17.6B
| $105M | 0.05% |
935,947
+130,350
| +16% | +$13.4M |
2013 Q2
2 quarters
|
|
325
CALL
Wynn Resorts
WYNN
$7.81B
| $105M | 0.05% |
539,700
+6,700
| +1% | +$1.14M |
2013 Q2
2 quarters
|
|
Similar funds
Susquehanna International Group's Q4 2013 Portfolio in Review
As of Q4 2013, Susquehanna International Group held 9,880 positions worth $217B, up 15% from $189B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2013 filing shows 1,544 new, 3,872 increased, 3,399 reduced and 949 closed positions. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M. The largest sale was Apple, an estimated $889M.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 86% a quarter earlier, followed by Technology and Financials.
- Susquehanna International Group's largest Q4 2013 buy was American Airlines Group: 1,433,148 shares worth $36.2M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q4 2013, an estimated $580M increase.
- Susquehanna International Group's biggest Q4 2013 reduction was Apple, cutting an estimated $889M.
- Susquehanna International Group fully exited Hartford Financial Services Grp in Q4 2013, selling an estimated $329M.
- Susquehanna International Group's ten largest holdings make up 24% of its $217B portfolio in Q4 2013.
- Susquehanna International Group opened 1,544 new positions and closed 949 in Q4 2013.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $217B.
Based on Susquehanna International Group's 13F filing for Q4 2013, filed 13 Feb 2014.