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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.18% |
| 2 | Consumer Discretionary | 1.93% |
| 3 | Financials | 1.71% |
| 4 | Energy | 1.54% |
| 5 | Healthcare | 1.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CALL
Invesco QQQ Trust
QQQ
$485B
| $1.23B | 0.48% |
12,489,700
-12,400
| -0.1% | -$1.21M |
|
|
YHOO
27
CALL
DELISTED
Yahoo Inc
YHOO
| $1.23B | 0.47% |
30,251,300
+21,623,000
| +251% | +$811M |
|
28
CALL
Tesla
TSLA
$1.29T
| $1.18B | 0.45% |
72,991,500
-1,957,500
| -3% | -$32.3M |
|
|
YHOO
29
DELISTED
Yahoo Inc
YHOO
| $1.09B | 0.42% |
26,820,320
+8,800,757
| +49% | +$330M |
|
|
30
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| $1.09B | 0.42% |
26,292,900
+9,794,800
| +59% | +$433M |
|
31
Bank of America
BAC
$440B
| $1.03B | 0.4% |
60,348,645
-7,336,077
| -11% | -$117M |
|
|
32
PUT
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| $932M | 0.36% |
22,426,000
+1,403,000
| +7% | +$62M |
|
33
CALL
Gilead Sciences
GILD
$168B
| $885M | 0.34% |
8,318,400
+3,992,700
| +92% | +$391M |
|
34
PUT
Citigroup
C
$230B
| $860M | 0.33% |
16,588,900
-875,100
| -5% | -$44M |
|
35
CALL
Microsoft
MSFT
$3.66T
| $809M | 0.31% |
17,448,700
+3,977,600
| +30% | +$177M |
|
36
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.5B
| $777M | 0.3% |
4,570,100
+2,905,700
| +175% | +$492M |
|
37
PUT
Chipotle Mexican Grill
CMG
$42.8B
| $774M | 0.3% |
58,025,000
+10,520,000
| +22% | +$138M |
|
38
CALL
Procter & Gamble
PG
$345B
| $769M | 0.3% |
9,186,900
+2,818,400
| +44% | +$231M |
|
39
PUT
iShares MSCI Brazil ETF
EWZ
$9.14B
| $769M | 0.3% |
17,700,600
+1,534,500
| +9% | +$75.9M |
|
40
PUT
Boeing
BA
$187B
| $733M | 0.28% |
5,756,900
+339,100
| +6% | +$42.7M |
|
|
41
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.5B
| $719M | 0.28% |
4,228,000
+1,240,900
| +42% | +$210M |
|
|
VXX
42
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $691M | 0.27% |
1,384,631
+628,193
| +83% | +$291M |
|
43
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $691M | 0.27% |
12,260,900
+709,700
| +6% | +$41.3M |
|
44
CALL
Micron Technology
MU
$1.01T
| $676M | 0.26% |
19,744,900
+3,979,000
| +25% | +$129M |
|
|
45
Alphabet (Google) Class C
GOOG
$4.59T
| $669M | 0.26% |
23,011,345
-11,941,295
| -34% | -$345M |
|
46
CALL
ExxonMobil
XOM
$638B
| $669M | 0.26% |
7,109,100
+1,126,100
| +19% | +$112M |
|
47
PUT
Baidu
BIDU
$38.2B
| $666M | 0.26% |
3,051,800
+516,000
| +20% | +$109M |
|
48
CALL
JPMorgan Chase
JPM
$950B
| $661M | 0.25% |
10,977,800
+5,629,700
| +105% | +$329M |
|
|
49
PUT
Microsoft
MSFT
$3.66T
| $654M | 0.25% |
14,117,600
-666,100
| -5% | -$29.7M |
|
|
50
PUT
Micron Technology
MU
$1.01T
| $648M | 0.25% |
18,926,700
+5,854,600
| +45% | +$190M |
|
Similar funds
Susquehanna International Group's Q3 2014 Portfolio in Review
As of Q3 2014, Susquehanna International Group held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $28.8B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.5% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Susquehanna International Group's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Susquehanna International Group's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Susquehanna International Group fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Susquehanna International Group's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Susquehanna International Group opened 983 new positions and closed 1,332 in Q3 2014.
- Susquehanna International Group's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.