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 | 3.05% |
| 2 | Financials | 2.16% |
| 3 | Consumer Discretionary | 1.64% |
| 4 | Communication Services | 1.43% |
| 5 | Healthcare | 1.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4001
WPP
WPP
$5.8B
| $2.01M | ﹤0.01% |
17,500
-600
| -3% | -$67.6K |
|
|
ELLI
4002
DELISTED
Ellie Mae Inc
ELLI
| $2.01M | ﹤0.01% |
33,333
-18,959
| -36% | -$1.24M |
|
|
MASI
4003
DELISTED
Masimo
MASI
| $2.01M | ﹤0.01% |
48,327
-14,586
| -23% | -$596K |
|
|
ZAYO
4004
CALL
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $2M | ﹤0.01% |
75,400
-8,000
| -10% | -$203K |
|
|
DYAX
4005
CALL
DELISTED
DYAX CORPORATION
DYAX
| $2M | ﹤0.01% |
53,300
+9,700
| +22% | +$312K |
|
|
BIG
4006
CALL
DELISTED
Big Lots, Inc.
BIG
| $2M | ﹤0.01% |
52,000
-40,200
| -44% | -$1.79M |
|
4007
iShares MSCI India Small-Cap ETF
SMIN
$771M
| $2M | ﹤0.01% |
60,092
+51,438
| +594% | +$1.72M |
|
|
HEES
4008
DELISTED
H&E Equipment Services
HEES
| $2M | ﹤0.01% |
114,364
+12,677
| +12% | +$233K |
|
|
ITC
4009
PUT
DELISTED
ITC HOLDINGS CORP
ITC
| $2M | ﹤0.01% |
50,900
+42,800
| +528% | +$1.49M |
|
4010
iShares US Oil Equipment & Services ETF
IEZ
$393M
| $2M | ﹤0.01% |
55,814
+39,061
| +233% | +$1.55M |
|
4011
Invesco S&P 500 Revenue ETF
RWL
$10B
| $2M | ﹤0.01% |
+50,600
| New | +$2.01M |
|
|
CBL
4012
DELISTED
CBL& Associates Properties, Inc.
CBL
| $2M | ﹤0.01% |
161,267
+52,436
| +48% | +$716K |
|
4013
CALL
Ameren
AEE
$30.4B
| $1.99M | ﹤0.01% |
46,000
+17,500
| +61% | +$759K |
|
|
ARNA
4014
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $1.99M | ﹤0.01% |
104,625
-25,834
| -20% | -$527K |
|
|
PERY
4015
PUT
DELISTED
Perry Ellis International Inc
PERY
| $1.99M | ﹤0.01% |
107,800
+80,100
| +289% | +$1.65M |
|
|
ODP
4016
CALL
DELISTED
ODP
ODP
| $1.98M | ﹤0.01% |
35,160
-4,870
| -12% | -$324K |
|
4017
PUT
Prestige Consumer Healthcare
PBH
$2.43B
| $1.98M | ﹤0.01% |
38,500
+10,300
| +37% | +$512K |
|
4018
Signet Jewelers
SIG
$3.52B
| $1.98M | ﹤0.01% |
16,028
-4,056
| -20% | -$549K |
|
|
VRNT
4019
DELISTED
Verint Systems
VRNT
| $1.98M | ﹤0.01% |
95,832
+40,134
| +72% | +$911K |
|
|
SCIJ
4020
DELISTED
Global X Scientific Beta Japan ETF
SCIJ
| $1.98M | ﹤0.01% |
78,942
-430
| -0.5% | -$10.8K |
|
|
CVRR
4021
DELISTED
CVR Refining, LP
CVRR
| $1.98M | ﹤0.01% |
104,375
-187,279
| -64% | -$3.85M |
|
4022
CALL
Delek US
DK
$4.01B
| $1.98M | ﹤0.01% |
80,300
+8,600
| +12% | +$225K |
|
4023
CALL
BJ's Restaurants
BJRI
$1.45B
| $1.97M | ﹤0.01% |
45,400
-54,300
| -54% | -$2.38M |
|
4024
Vanguard Materials ETF
VAW
$3.07B
| $1.97M | ﹤0.01% |
20,966
-10,236
| -33% | -$988K |
|
4025
Kohl's
KSS
$2.18B
| $1.97M | ﹤0.01% |
41,427
-227,250
| -85% | -$10.5M |
|
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.