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 | |
|---|---|---|---|---|---|---|
4076
CALL
Chemours
CC
$2.39B
| $1.93M | ﹤0.01% |
359,400
+34,000
| +10% | +$217K |
|
4077
VanEck Short Muni ETF
SMB
$314M
| $1.93M | ﹤0.01% |
109,857
-73,992
| -40% | -$1.3M |
|
|
IMOS
4078
PUT
ChipMOS TECHNOLOGIES
IMOS
$2.03B
| $1.93M | ﹤0.01% |
88,213
+17,244
| +24% | +$351K |
|
4079
PUT
Raymond James Financial
RJF
$34.8B
| $1.93M | ﹤0.01% |
49,800
-112,650
| -69% | -$4.2M |
|
|
KERX
4080
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $1.93M | ﹤0.01% |
381,193
+235,311
| +161% | +$1.12M |
|
|
EV
4081
DELISTED
Eaton Vance Corp.
EV
| $1.92M | ﹤0.01% |
59,337
+34,930
| +143% | +$1.22M |
|
|
EQC
4082
DELISTED
Equity Commonwealth
EQC
| $1.92M | ﹤0.01% |
69,131
+11,344
| +20% | +$318K |
|
|
CIVI
4083
PUT
DELISTED
Civitas Resources
CIVI
| $1.92M | ﹤0.01% |
3,258
+1,441
| +79% | +$1.08M |
|
|
USLB
4084
DELISTED
Invesco Russell 1000 Low Beta Equal Weight ETF
USLB
| $1.92M | ﹤0.01% |
+77,922
| New | +$1.94M |
|
|
AAN.A
4085
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $1.92M | ﹤0.01% |
85,565
+36,022
| +73% | +$806K |
|
4086
PUT
AllianceBernstein
AB
$3.41B
| $1.91M | ﹤0.01% |
80,200
-2,700
| -3% | -$68K |
|
4087
CoreCivic
CXW
$3.25B
| $1.91M | ﹤0.01% |
72,214
+48,212
| +201% | +$1.32M |
|
4088
Element Solutions
ESI
$9.46B
| $1.91M | ﹤0.01% |
149,097
+13,392
| +10% | +$163K |
|
4089
PUT
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $1.91M | ﹤0.01% |
77,300
-66,000
| -46% | -$1.63M |
|
|
ACI
4090
CALL
DELISTED
ARCH COAL, INC.
ACI
| $1.91M | ﹤0.01% |
1,938,200
+335,000
| +21% | +$634K |
|
|
GWR
4091
CALL
DELISTED
Genesee & Wyoming Inc.
GWR
| $1.91M | ﹤0.01% |
35,600
-48,200
| -58% | -$3.05M |
|
|
XONE
4092
DELISTED
The ExOne Company
XONE
| $1.91M | ﹤0.01% |
+190,260
| New | +$1.84M |
|
4093
Barrett Business Services
BBSI
$781M
| $1.91M | ﹤0.01% |
175,396
+38,116
| +28% | +$421K |
|
|
CDK
4094
CALL
DELISTED
CDK Global, Inc.
CDK
| $1.91M | ﹤0.01% |
40,200
-8,600
| -18% | -$417K |
|
4095
PUT
PPG Industries
PPG
$25.4B
| $1.91M | ﹤0.01% |
19,300
-219,500
| -92% | -$22.2M |
|
|
FRGI
4096
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.91M | ﹤0.01% |
56,694
+34,494
| +155% | +$1.29M |
|
4097
Mueller Industries
MLI
$14.6B
| $1.9M | ﹤0.01% |
281,000
+11,088
| +4% | +$84.1K |
|
4098
ProShares Ultra Yen
YCL
$32.3M
| $1.9M | ﹤0.01% |
34,812
-910
| -3% | -$49.2K |
|
|
VIVO
4099
DELISTED
Meridian Bioscience Inc
VIVO
| $1.9M | ﹤0.01% |
+92,800
| New | +$1.78M |
|
4100
CALL
American Financial Group
AFG
$12.1B
| $1.9M | ﹤0.01% |
26,400
-8,600
| -25% | -$619K |
|
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.