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 | |
|---|---|---|---|---|---|---|
301
CALL
RTX Corp
RTX
$301B
| $121M | 0.06% |
1,994,831
+505,302
| +34% | +$30.6M |
|
302
PUT
AutoZone
AZO
$51.1B
| $120M | 0.06% |
162,300
-24,600
| -13% | -$18.8M |
|
|
DD
303
PUT
DELISTED
Du Pont De Nemours E I
DD
| $119M | 0.05% |
1,785,600
+135,200
| +8% | +$8.59M |
|
304
Wells Fargo
WFC
$264B
| $119M | 0.05% |
2,184,711
+561,755
| +35% | +$30.5M |
|
305
PUT
Mondelez International
MDLZ
$79.9B
| $119M | 0.05% |
2,647,500
-754,600
| -22% | -$33.8M |
|
306
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $117M | 0.05% |
2,338,600
-1,177,900
| -33% | -$62.7M |
|
307
CALL
Morgan Stanley
MS
$340B
| $117M | 0.05% |
3,679,200
+832,500
| +29% | +$27.7M |
|
308
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $116M | 0.05% |
5,361,000
+3,345,000
| +166% | +$74.3M |
|
309
PUT
CVS Health
CVS
$122B
| $116M | 0.05% |
1,186,700
-155,500
| -12% | -$15.2M |
|
310
PUT
Trip.com Group
TCOM
$29.1B
| $116M | 0.05% |
2,501,600
-755,200
| -23% | -$34.5M |
|
311
CALL
iShares US Real Estate ETF
IYR
$4.65B
| $115M | 0.05% |
1,532,200
-142,600
| -9% | -$10.6M |
|
312
PUT
Equinix
EQIX
$103B
| $115M | 0.05% |
379,700
+59,800
| +19% | +$17.5M |
|
|
SNDK
313
CALL
DELISTED
SANDISK CORP
SNDK
| $115M | 0.05% |
1,508,200
-1,057,400
| -41% | -$77.4M |
|
314
PUT
Skyworks Solutions
SWKS
$10.6B
| $114M | 0.05% |
1,490,300
+142,400
| +11% | +$11.4M |
|
|
PXD
315
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $114M | 0.05% |
907,600
-348,800
| -28% | -$47.9M |
|
316
CALL
Bristol-Myers Squibb
BMY
$132B
| $113M | 0.05% |
1,649,300
-1,690,600
| -51% | -$112M |
|
317
CALL
United Airlines
UAL
$42.1B
| $113M | 0.05% |
1,979,700
-13,100
| -0.7% | -$756K |
|
318
CALL
Monster Beverage
MNST
$88.5B
| $113M | 0.05% |
4,531,800
+1,181,400
| +35% | +$28.5M |
|
|
PARA
319
CALL
DELISTED
Paramount Global Class B
PARA
| $112M | 0.05% |
2,369,200
+1,145,400
| +94% | +$53.7M |
|
320
PUT
Merck
MRK
$318B
| $112M | 0.05% |
2,214,214
-2,790,720
| -56% | -$141M |
|
321
Qualcomm
QCOM
$176B
| $111M | 0.05% |
2,218,366
-486,847
| -18% | -$26M |
|
322
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $111M | 0.05% |
436,305
+393,820
| +927% | +$102M |
|
323
Pfizer
PFE
$153B
| $111M | 0.05% |
3,618,263
+1,963,109
| +119% | +$61.8M |
|
324
CALL
EOG Resources
EOG
$70.7B
| $111M | 0.05% |
1,565,000
-225,600
| -13% | -$18.3M |
|
325
CALL
PepsiCo
PEP
$190B
| $110M | 0.05% |
1,102,000
-84,000
| -7% | -$8.38M |
|
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.