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 |
Alphabet (Google) Class C
GOOG
|
+$769M |
| 2 |
Bank of America
BAC
|
+$569M |
| 3 |
Citigroup
C
|
+$440M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$356M |
| 5 |
Amazon
AMZN
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$483M |
| 3 |
SPDR Gold Trust
GLD
|
+$246M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$233M |
| 5 |
iShares Russell 2000 Growth ETF
IWO
|
+$202M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.4% |
| 2 | Financials | 2.26% |
| 3 | Consumer Discretionary | 1.85% |
| 4 | Communication Services | 1.64% |
| 5 | Energy | 1.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
PUT
Citigroup
C
$231B
| $982M | 0.46% |
20,637,500
+9,022,900
| +78% | +$449M |
|
27
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $928M | 0.43% |
22,631,300
+5,885,000
| +35% | +$231M |
|
28
PUT
Netflix
NFLX
$309B
| $912M | 0.42% |
181,419,000
-32,753,000
| -15% | -$188M |
|
29
CALL
ExxonMobil
XOM
$628B
| $901M | 0.42% |
9,228,300
+1,066,600
| +13% | +$102M |
|
30
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$309M
| $762M | 0.35% |
11,279,100
+257,000
| +2% | +$18.4M |
|
31
CALL
Microsoft
MSFT
$3.62T
| $751M | 0.35% |
18,330,000
-285,000
| -2% | -$10.7M |
|
|
32
CALL
Citigroup
C
$231B
| $745M | 0.35% |
15,650,200
+5,989,000
| +62% | +$298M |
|
|
33
CALL
SPDR Gold Trust
GLD
$138B
| $742M | 0.34% |
6,006,780
-2,424,860
| -29% | -$302M |
|
|
34
PUT
SPDR Gold Trust
GLD
$138B
| $668M | 0.31% |
5,402,650
-1,926,270
| -26% | -$240M |
|
|
35
CALL
Netflix
NFLX
$309B
| $654M | 0.3% |
130,004,000
-20,433,000
| -14% | -$117M |
|
|
36
Citigroup
C
$231B
| $650M | 0.3% |
13,664,246
+8,830,509
| +183% | +$440M |
|
|
VXX
37
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $644M | 0.3% |
954,994
+284,300
| +42% | +$200M |
|
38
PUT
Boeing
BA
$190B
| $631M | 0.29% |
5,031,900
+260,100
| +5% | +$33.9M |
|
39
PUT
Goldman Sachs
GS
$313B
| $626M | 0.29% |
3,819,800
+241,600
| +7% | +$40.6M |
|
40
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.7B
| $622M | 0.29% |
3,788,700
+2,861,800
| +309% | +$462M |
|
41
PUT
General Motors
GM
$78.2B
| $618M | 0.29% |
17,966,200
+7,525,700
| +72% | +$276M |
|
42
PUT
Gilead Sciences
GILD
$164B
| $617M | 0.29% |
8,703,400
+3,001,300
| +53% | +$235M |
|
|
43
PUT
Microsoft
MSFT
$3.62T
| $614M | 0.28% |
14,988,700
-6,994,800
| -32% | -$263M |
|
44
PUT
Mastercard
MA
$500B
| $608M | 0.28% |
8,136,100
-7,465,900
| -48% | -$583M |
|
45
PUT
Chipotle Mexican Grill
CMG
$43.7B
| $584M | 0.27% |
51,390,000
-7,710,000
| -13% | -$85M |
|
46
CALL
United Parcel Service
UPS
$91.5B
| $577M | 0.27% |
5,924,900
-214,000
| -3% | -$20.9M |
|
47
PUT
JPMorgan Chase
JPM
$955B
| $564M | 0.26% |
9,291,000
-2,069,000
| -18% | -$120M |
|
|
VXX
48
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $550M | 0.25% |
815,456
+508,268
| +165% | +$358M |
|
49
PUT
IBM
IBM
$222B
| $540M | 0.25% |
2,931,938
+138,072
| +5% | +$24.3M |
|
50
PUT
Micron Technology
MU
$1.01T
| $538M | 0.25% |
22,759,400
-2,508,000
| -10% | -$59.6M |
|
Similar funds
Susquehanna International Group's Q1 2014 Portfolio in Review
As of Q1 2014, Susquehanna International Group held 10,124 positions worth $216B, down 0.37% from $217B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Susquehanna International Group's Q1 2014 filing shows 1,198 new, 3,663 increased, 3,868 reduced and 1,303 closed positions. Its largest new stake was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M. The largest sale was Apple, an estimated $2.22B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Susquehanna International Group's largest Q1 2014 buy was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M.
- Susquehanna International Group added most to Alphabet (Google) Class C in Q1 2014, an estimated $769M increase.
- Susquehanna International Group's biggest Q1 2014 reduction was Apple, cutting an estimated $2.22B.
- Susquehanna International Group fully exited Vodafone in Q1 2014, selling an estimated $54.1M.
- Susquehanna International Group's ten largest holdings make up 23% of its $216B portfolio in Q1 2014.
- Susquehanna International Group opened 1,198 new positions and closed 1,303 in Q1 2014.
- Susquehanna International Group's portfolio value fell 0.37% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q1 2014, filed 14 May 2014.