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 | |
|---|---|---|---|---|---|---|
|
MNDT
351
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $120M | 0.05% |
3,803,200
+300,900
| +9% | +$9.23M |
|
352
PUT
APA Corp
APA
$13.2B
| $120M | 0.05% |
1,914,700
+1,197,500
| +167% | +$85.2M |
|
|
TWX
353
CALL
DELISTED
Time Warner Inc
TWX
| $120M | 0.05% |
1,399,500
-369,700
| -21% | -$29.5M |
|
354
PUT
NOV
NOV
$7B
| $119M | 0.05% |
1,815,100
+510,400
| +39% | +$35.6M |
|
355
CALL
MGM Resorts International
MGM
$11.2B
| $119M | 0.05% |
5,543,600
+1,850,300
| +50% | +$40.2M |
|
|
SHPG
356
DELISTED
Shire pic
SHPG
| $118M | 0.05% |
556,212
+398,959
| +254% | +$84.6M |
|
357
CALL
Norfolk Southern
NSC
$75.1B
| $118M | 0.05% |
1,076,500
+245,600
| +30% | +$26.9M |
|
358
CF Industries
CF
$17.3B
| $118M | 0.05% |
2,164,245
-424,810
| -16% | -$22.4M |
|
|
ESRX
359
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $118M | 0.05% |
1,388,800
-625,100
| -31% | -$48.8M |
|
360
PUT
Alcoa
AA
$13.2B
| $117M | 0.05% |
3,081,065
+800,374
| +35% | +$31M |
|
361
PUT
Target
TGT
$68B
| $117M | 0.05% |
1,537,700
-566,600
| -27% | -$38.2M |
|
|
APC
362
DELISTED
Anadarko Petroleum
APC
| $116M | 0.05% |
1,410,404
-85,504
| -6% | -$7.45M |
|
|
B
363
PUT
Barrick Mining
B
$73.2B
| $116M | 0.05% |
10,750,200
+633,700
| +6% | +$7.81M |
|
|
364
PUT
MGM Resorts International
MGM
$11.2B
| $115M | 0.05% |
5,376,000
+1,986,700
| +59% | +$43.2M |
|
365
CALL
Texas Instruments
TXN
$261B
| $114M | 0.05% |
2,137,600
+399,200
| +23% | +$20.2M |
|
|
DISH
366
PUT
DELISTED
DISH Network Corp.
DISH
| $114M | 0.05% |
1,566,700
+63,100
| +4% | +$4.25M |
|
367
PUT
Devon Energy
DVN
$47.3B
| $114M | 0.05% |
1,862,600
+9,500
| +0.5% | +$576K |
|
368
CALL
Prudential Financial
PRU
$41.8B
| $114M | 0.05% |
1,257,700
+597,300
| +90% | +$51.3M |
|
369
CALL
Teva Pharmaceuticals
TEVA
$41.2B
| $112M | 0.04% |
1,949,900
-22,200
| -1% | -$1.24M |
|
370
PUT
Palo Alto Networks
PANW
$297B
| $111M | 0.04% |
5,453,400
+310,200
| +6% | +$5.72M |
|
371
CALL
Vale
VALE
$62.6B
| $111M | 0.04% |
13,600,200
+1,043,100
| +8% | +$9.77M |
|
|
MBLY
372
PUT
DELISTED
Mobileye N.V.
MBLY
| $111M | 0.04% |
2,731,500
+1,371,800
| +101% | +$64.4M |
|
373
PUT
First Solar
FSLR
$26.9B
| $111M | 0.04% |
2,481,600
-281,400
| -10% | -$14.3M |
|
374
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $110M | 0.04% |
418,200
-348,000
| -45% | -$89.1M |
|
|
LO
375
PUT
DELISTED
LORILLARD INC COM STK
LO
| $110M | 0.04% |
1,748,000
-466,300
| -21% | -$28.8M |
|
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.