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 | |
|---|---|---|---|---|---|---|
|
CUDA
5701
PUT
DELISTED
Barracuda Networks, Inc.
CUDA
| $856K | ﹤0.01% |
45,800
-67,000
| -59% | -$1.25M |
|
5702
Celanese
CE
$5.01B
| $855K | ﹤0.01% |
12,700
-73,722
| -85% | -$5.01M |
|
|
WP
5703
DELISTED
Worldpay, Inc.
WP
| $854K | ﹤0.01% |
18,007
-466
| -3% | -$23K |
|
|
CEB
5704
PUT
DELISTED
CEB Inc.
CEB
| $853K | ﹤0.01% |
13,900
-52,300
| -79% | -$3.71M |
|
|
DXJT
5705
DELISTED
WisdomTree Japan Hedged Tech, Media & Telecom Fund
DXJT
| $853K | ﹤0.01% |
32,816
-5,070
| -13% | -$142K |
|
5706
TherapeuticsMD
TXMD
$24M
| $852K | ﹤0.01% |
1,643
-3,234
| -66% | -$1.19M |
|
5707
PUT
Vanda Pharmaceuticals
VNDA
$316M
| $852K | ﹤0.01% |
91,500
+1,700
| +2% | +$17K |
|
|
ACAT
5708
CALL
DELISTED
Arctic Cat Inc
ACAT
| $852K | ﹤0.01% |
52,000
+40,800
| +364% | +$840K |
|
|
CRC
5709
CALL
DELISTED
California Resources Corporation
CRC
| $851K | ﹤0.01% |
36,520
-1,540
| -4% | -$55.5K |
|
5710
Four Corners Property Trust
FCPT
$2.77B
| $850K | ﹤0.01% |
+48,221
| New | +$753K |
|
5711
CALL
Meritage Homes
MTH
$4.76B
| $850K | ﹤0.01% |
50,000
-58,000
| -54% | -$1.06M |
|
5712
ProShares UltraShort SmallCap600
SDD
$1.29M
| $850K | ﹤0.01% |
2,859
+689
| +32% | +$203K |
|
5713
PUT
iShares MSCI ACWI ETF
ACWI
$33.6B
| $848K | ﹤0.01% |
15,200
+7,500
| +97% | +$429K |
|
5714
Cenovus Energy
CVE
$57.2B
| $848K | ﹤0.01% |
67,223
+14,363
| +27% | +$212K |
|
|
HCR
5715
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $848K | ﹤0.01% |
143,238
-120,045
| -46% | -$820K |
|
5716
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $847K | ﹤0.01% |
7,491
-37,980
| -84% | -$4.09M |
|
5717
CALL
La-Z-Boy
LZB
$1.67B
| $847K | ﹤0.01% |
34,700
+22,300
| +180% | +$598K |
|
|
TUMI
5718
DELISTED
TUMI HLDGS INC COM
TUMI
| $846K | ﹤0.01% |
50,851
-102,227
| -67% | -$1.74M |
|
|
TAL
5719
PUT
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $846K | ﹤0.01% |
53,200
-92,100
| -63% | -$1.62M |
|
5720
AllianceBernstein
AB
$3.41B
| $845K | ﹤0.01% |
+35,431
| New | +$892K |
|
5721
Invesco MSCI Sustainable Future ETF
ERTH
$138M
| $845K | ﹤0.01% |
28,741
-12,603
| -30% | -$365K |
|
|
PHH
5722
DELISTED
PHH Corporation
PHH
| $844K | ﹤0.01% |
52,109
+7,138
| +16% | +$111K |
|
|
FUEL
5723
DELISTED
Rocket Fuel Inc.
FUEL
| $844K | ﹤0.01% |
241,929
+149,154
| +161% | +$599K |
|
5724
PUT
Strategy Inc
MSTR
$36.6B
| $843K | ﹤0.01% |
47,000
-178,000
| -79% | -$3.24M |
|
5725
CALL
Vitamin Cottage Natural Grocers
NGVC
$648M
| $843K | ﹤0.01% |
41,400
-7,500
| -15% | -$166K |
|
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.