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 | |
|---|---|---|---|---|---|---|
|
BHI
351
PUT
DELISTED
Baker Hughes
BHI
| $101M | 0.05% |
2,185,700
+166,700
| +8% | +$8.53M |
|
|
QIHU
352
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $100M | 0.05% |
1,380,100
-320,100
| -19% | -$20.2M |
|
353
PUT
Simon Property Group
SPG
$72.3B
| $100M | 0.05% |
516,200
-61,800
| -11% | -$12M |
|
354
PUT
Kinder Morgan
KMI
$68.7B
| $100M | 0.05% |
6,716,900
+3,254,700
| +94% | +$77.6M |
|
355
Baidu
BIDU
$37.2B
| $100M | 0.05% |
529,898
-802,660
| -60% | -$148M |
|
356
CALL
FedEx
FDX
$75.4B
| $100M | 0.05% |
671,600
-849,100
| -56% | -$131M |
|
357
CALL
Texas Instruments
TXN
$261B
| $99.7M | 0.05% |
1,818,600
+382,100
| +27% | +$21.3M |
|
|
APC
358
CALL
DELISTED
Anadarko Petroleum
APC
| $99.6M | 0.05% |
2,049,900
-252,400
| -11% | -$15.5M |
|
359
CALL
Costco
COST
$420B
| $99.5M | 0.05% |
616,400
-340,400
| -36% | -$53.8M |
|
360
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $99.5M | 0.05% |
1,987,100
-1,063,000
| -35% | -$56.6M |
|
|
ANDV
361
CALL
DELISTED
Andeavor
ANDV
| $99.2M | 0.05% |
941,100
-105,400
| -10% | -$11.4M |
|
|
ANDV
362
PUT
DELISTED
Andeavor
ANDV
| $99M | 0.05% |
939,100
-507,500
| -35% | -$54.7M |
|
363
CALL
First Solar
FSLR
$26.9B
| $98.8M | 0.05% |
1,497,900
+258,500
| +21% | +$14.5M |
|
364
PUT
Salesforce
CRM
$158B
| $98.6M | 0.05% |
1,257,400
-443,600
| -26% | -$34.6M |
|
365
CALL
3M
MMM
$94.3B
| $98.5M | 0.05% |
782,064
-668,445
| -46% | -$85.9M |
|
|
P
366
PUT
DELISTED
Pandora Media Inc
P
| $97.7M | 0.05% |
7,286,000
+1,089,100
| +18% | +$16.2M |
|
367
CALL
Norfolk Southern
NSC
$75.1B
| $97.4M | 0.05% |
1,151,500
+598,600
| +108% | +$51.2M |
|
368
CALL
Cigna
CI
$74.6B
| $96.4M | 0.04% |
659,000
+139,400
| +27% | +$19.2M |
|
369
PUT
Western Digital
WDC
$150B
| $95.9M | 0.04% |
2,113,228
+845,265
| +67% | +$43.2M |
|
370
Caterpillar
CAT
$387B
| $95.8M | 0.04% |
1,410,254
+762,359
| +118% | +$53.3M |
|
371
CALL
US Bancorp
USB
$99.6B
| $95.1M | 0.04% |
2,228,300
+530,900
| +31% | +$22.7M |
|
372
PUT
iShares US Real Estate ETF
IYR
$4.65B
| $95.1M | 0.04% |
1,265,700
-3,773,300
| -75% | -$282M |
|
373
iShares MSCI ACWI ex US ETF
ACWX
$11.8B
| $95M | 0.04% |
2,398,309
+1,854,823
| +341% | +$75.9M |
|
374
American International
AIG
$41.3B
| $94.5M | 0.04% |
1,524,603
+210,330
| +16% | +$12.8M |
|
375
PUT
Altria Group
MO
$114B
| $94.5M | 0.04% |
1,622,800
+264,700
| +19% | +$15.3M |
|
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.