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 | |
|---|---|---|---|---|---|---|
426
PUT
Capri Holdings
CPRI
$1.74B
| $80.5M | 0.04% |
2,009,900
-228,900
| -10% | -$9.43M |
|
427
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$42.7B
| $80M | 0.04% |
1,111,000
-198,000
| -15% | -$14M |
|
|
RSX
428
PUT
DELISTED
VanEck Russia ETF
RSX
| $79.5M | 0.04% |
5,429,800
+1,674,800
| +45% | +$27.4M |
|
429
CALL
Perrigo
PRGO
$1.78B
| $79.5M | 0.04% |
549,100
-39,800
| -7% | -$6.12M |
|
430
PUT
First Solar
FSLR
$26.9B
| $79.3M | 0.04% |
1,202,000
-1,114,900
| -48% | -$62.5M |
|
431
Johnson & Johnson
JNJ
$625B
| $79.1M | 0.04% |
770,201
-856,891
| -53% | -$86.2M |
|
432
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $79.1M | 0.04% |
743,100
-189,700
| -20% | -$20.4M |
|
433
Danaher
DHR
$144B
| $79M | 0.04% |
1,265,623
+366,508
| +41% | +$22.9M |
|
434
CALL
Williams Companies
WMB
$86.1B
| $79M | 0.04% |
3,073,000
-3,150,200
| -51% | -$110M |
|
|
ETP
435
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $78.9M | 0.04% |
2,339,900
+857,900
| +58% | +$33.7M |
|
436
CALL
Medtronic
MDT
$112B
| $78.6M | 0.04% |
1,021,500
-139,700
| -12% | -$10.5M |
|
437
CALL
Humana
HUM
$46.2B
| $78.2M | 0.04% |
438,300
-1,100
| -0.3% | -$193K |
|
438
CALL
Southwest Airlines
LUV
$23B
| $77.5M | 0.04% |
1,799,200
-58,800
| -3% | -$2.6M |
|
439
PUT
Monster Beverage
MNST
$88.5B
| $77.4M | 0.04% |
3,115,800
-997,800
| -24% | -$24.1M |
|
440
CALL
BlackBerry
BB
$5.26B
| $77.2M | 0.04% |
8,319,500
+520,000
| +7% | +$4M |
|
441
CALL
Macy's
M
$6.68B
| $77.2M | 0.04% |
2,206,200
+1,479,800
| +204% | +$64.1M |
|
442
PUT
Illumina
ILMN
$28.4B
| $75.8M | 0.04% |
405,957
-73,502
| -15% | -$11.9M |
|
|
XLNX
443
CALL
DELISTED
Xilinx Inc
XLNX
| $75.7M | 0.03% |
1,610,700
-82,300
| -5% | -$3.89M |
|
444
CALL
VanEck Gold Miners ETF
GDX
$27.4B
| $75M | 0.03% |
5,469,200
-125,200
| -2% | -$1.82M |
|
445
CALL
American Express
AXP
$230B
| $74.8M | 0.03% |
1,076,100
-566,000
| -34% | -$41.2M |
|
446
CALL
Baxter International
BAX
$14.2B
| $74.7M | 0.03% |
1,959,200
+408,600
| +26% | +$14.9M |
|
|
447
CALL
Capri Holdings
CPRI
$1.74B
| $74.6M | 0.03% |
1,862,400
-1,133,300
| -38% | -$46.7M |
|
448
CALL
Ulta Beauty
ULTA
$24.3B
| $74.3M | 0.03% |
401,800
+145,900
| +57% | +$25.2M |
|
449
PUT
3M
MMM
$94.3B
| $74.3M | 0.03% |
590,106
-1,840,046
| -76% | -$237M |
|
450
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.46B
| $74.1M | 0.03% |
2,333,400
-372,800
| -14% | -$12.8M |
|
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.