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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.29B |
| 2 |
DuPont de Nemours
DD
|
+$781M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$331M |
| 4 |
Walt Disney
DIS
|
+$311M |
| 5 |
NETSCOUT
NTCT
|
+$239M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$287M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$272M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$195M |
| 4 |
Alibaba
BABA
|
+$179M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.9% |
| 2 | Communication Services | 1.57% |
| 3 | Financials | 1.52% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Healthcare | 1.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Alphabet (Google) Class C
GOOG
$4.4T
| $870M | 0.38% |
28,014,940
-6,330,220
| -18% | -$195M |
|
27
Bank of America
BAC
$442B
| $850M | 0.37% |
54,572,331
-8,248,851
| -13% | -$139M |
|
|
28
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| $848M | 0.37% |
6,865,800
+1,605,900
| +31% | +$195M |
|
|
29
PUT
Alibaba
BABA
$308B
| $813M | 0.35% |
13,783,700
-2,915,100
| -17% | -$212M |
|
30
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $810M | 0.35% |
24,724,800
+5,562,300
| +29% | +$196M |
|
31
CALL
SPDR Gold Trust
GLD
$138B
| $810M | 0.35% |
7,581,940
+4,079,880
| +116% | +$440M |
|
32
CALL
ExxonMobil
XOM
$628B
| $784M | 0.34% |
10,538,500
+3,690,500
| +54% | +$284M |
|
|
33
PUT
Walt Disney
DIS
$177B
| $768M | 0.33% |
7,510,200
+4,208,200
| +127% | +$458M |
|
34
CALL
iShares China Large-Cap ETF
FXI
$4.3B
| $766M | 0.33% |
21,606,700
+5,217,500
| +32% | +$203M |
|
35
CALL
Gilead Sciences
GILD
$164B
| $754M | 0.33% |
7,673,900
+1,115,900
| +17% | +$124M |
|
|
36
DuPont de Nemours
DD
$19.9B
| $747M | 0.32% |
6,956,949
+6,743,220
| +3,155% | +$781M |
|
37
PUT
Chipotle Mexican Grill
CMG
$43.7B
| $711M | 0.31% |
49,340,000
+4,075,000
| +9% | +$57.9M |
|
38
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.7B
| $703M | 0.3% |
4,324,800
+1,528,100
| +55% | +$261M |
|
|
39
CALL
Walt Disney
DIS
$177B
| $693M | 0.3% |
6,781,500
+562,000
| +9% | +$61.2M |
|
|
40
PUT
iShares China Large-Cap ETF
FXI
$4.3B
| $685M | 0.3% |
19,319,600
+8,270,300
| +75% | +$321M |
|
41
PUT
Johnson & Johnson
JNJ
$621B
| $677M | 0.29% |
7,257,000
+3,361,200
| +86% | +$325M |
|
42
PUT
Boeing
BA
$190B
| $662M | 0.29% |
5,052,300
+597,000
| +13% | +$82.8M |
|
43
CALL
Goldman Sachs
GS
$309B
| $657M | 0.28% |
3,779,200
-518,500
| -12% | -$102M |
|
|
VXX
44
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $645M | 0.28% |
1,575,244
+835,906
| +113% | +$278M |
|
45
PUT
Biogen
BIIB
$30.5B
| $635M | 0.27% |
2,176,200
+536,800
| +33% | +$177M |
|
|
AGN
46
PUT
DELISTED
Allergan plc
AGN
| $622M | 0.27% |
2,287,100
+787,600
| +53% | +$242M |
|
|
TWTR
47
CALL
DELISTED
Twitter, Inc.
TWTR
| $622M | 0.27% |
23,072,300
+3,966,700
| +21% | +$119M |
|
|
48
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $620M | 0.27% |
18,916,334
+3,080,705
| +19% | +$109M |
|
49
CALL
JPMorgan Chase
JPM
$955B
| $620M | 0.27% |
10,161,100
+2,043,900
| +25% | +$134M |
|
50
CALL
Citigroup
C
$231B
| $615M | 0.27% |
12,390,300
+3,390,000
| +38% | +$185M |
|
Similar funds
Susquehanna International Group's Q3 2015 Portfolio in Review
As of Q3 2015, Susquehanna International Group held 11,075 positions worth $231B, down 1.7% from $235B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group deployed $20.5B of net new capital in Q3 2015, opening 1,028 new positions and adding to 4,038 existing holdings. Its largest new stake was PayPal: 1,385,778 shares worth $43M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, down from 3% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $287M trimmed.
- Susquehanna International Group's largest Q3 2015 buy was PayPal: 1,385,778 shares worth $43M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q3 2015, an estimated $1.29B increase.
- Susquehanna International Group's biggest Q3 2015 reduction was Meta Platforms (Facebook), cutting an estimated $287M.
- Susquehanna International Group fully exited CATAMARAN CORP COM STK (CDA) in Q3 2015, selling an estimated $41.7M.
- Susquehanna International Group's ten largest holdings make up 25% of its $231B portfolio in Q3 2015.
- Susquehanna International Group opened 1,028 new positions and closed 1,500 in Q3 2015.
- Susquehanna International Group's portfolio value fell 1.7% quarter-over-quarter to $231B.
Based on Susquehanna International Group's 13F filing for Q3 2015, filed 16 Nov 2015.