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
|
+$580M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$256M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$200M |
| 4 |
Cheniere Energy
LNG
|
+$147M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$889M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$332M |
| 3 |
HIG.WS
Hartford Financial Services Grp
HIG.WS
|
+$329M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$231M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 85.89% |
| 2 | Technology | 3.62% |
| 3 | Financials | 1.79% |
| 4 | Consumer Discretionary | 1.58% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
GAP
551
PUT
The Gap Inc
GAP
$7.91B
| $60.8M | 0.03% |
1,554,500
+1,061,400
| +215% | +$41.6M |
2013 Q2
2 quarters
|
|
|
TFCFA
552
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $60.5M | 0.03% |
1,720,300
+125,400
| +8% | +$4.23M |
2013 Q3
1 quarter
|
|
553
Goldman Sachs
GS
$263B
| $60.2M | 0.03% |
339,520
-82,503
| -20% | -$13.6M |
2013 Q2
2 quarters
|
|
554
CALL
United Rentals
URI
$67.3B
| $60.2M | 0.03% |
771,800
-29,100
| -4% | -$1.95M |
2013 Q2
2 quarters
|
|
555
CALL
Petrobras
PBR
$140B
| $59.8M | 0.03% |
4,341,900
-733,900
| -14% | -$11.4M |
2013 Q2
2 quarters
|
|
556
CALL
Murphy Oil
MUR
$5.4B
| $59.7M | 0.03% |
920,000
+268,900
| +41% | +$16.9M |
2013 Q2
2 quarters
|
|
|
CHL
557
PUT
DELISTED
China Mobile Limited
CHL
| $59.6M | 0.03% |
1,140,300
+191,900
| +20% | +$10.2M |
2013 Q2
2 quarters
|
|
558
CALL
PNC Financial Services
PNC
$88.2B
| $59.3M | 0.03% |
764,100
-211,000
| -22% | -$15.8M |
2013 Q2
2 quarters
|
|
559
PUT
NOV
NOV
$6.7B
| $59.3M | 0.03% |
826,427
-9,759
| -1% | -$710K |
2013 Q2
2 quarters
|
|
560
iShares MSCI Mexico ETF
EWW
$1.52B
| $59.2M | 0.03% |
870,870
+368,237
| +73% | +$24.2M |
2013 Q2
2 quarters
|
|
|
GG
561
DELISTED
Goldcorp Inc
GG
| $59M | 0.03% |
2,722,430
+1,149,449
| +73% | +$27M |
2013 Q2
2 quarters
|
|
562
CALL
Alcoa
AA
$11.1B
| $58.9M | 0.03% |
2,304,994
+1,571,120
| +214% | +$34.8M |
2013 Q2
2 quarters
|
|
563
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$462M
| $58.9M | 0.03% |
634,700
-199,400
| -24% | -$19.4M |
2013 Q2
2 quarters
|
|
564
CALL
Costco
COST
$408B
| $58.7M | 0.03% |
493,600
+122,700
| +33% | +$14.7M |
2013 Q2
2 quarters
|
|
565
CALL
TripAdvisor
TRIP
$997M
| $58.7M | 0.03% |
708,400
+518,600
| +273% | +$42.4M |
2013 Q2
2 quarters
|
|
|
566
CALL
iShares MSCI Mexico ETF
EWW
$1.52B
| $58.6M | 0.03% |
861,900
-1,209,500
| -58% | -$79.5M |
2013 Q2
2 quarters
|
|
567
GameStop
GME
$12.5B
| $58.6M | 0.03% |
4,755,204
+1,476,068
| +45% | +$18.9M |
2013 Q2
2 quarters
|
|
568
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.49B
| $58.5M | 0.03% |
1,755,800
+252,400
| +17% | +$7.82M |
2013 Q2
2 quarters
|
|
|
MON
569
DELISTED
Monsanto Co
MON
| $58.4M | 0.03% |
501,190
-29,434
| -6% | -$3.22M |
2013 Q2
2 quarters
|
|
|
AGN
570
CALL
DELISTED
Allergan Inc
AGN
| $58.4M | 0.03% |
525,400
+224,800
| +75% | +$21.5M |
2013 Q2
2 quarters
|
|
571
CALL
Intercontinental Exchange
ICE
$84.3B
| $58.2M | 0.03% |
1,294,000
+379,500
| +41% | +$15.6M |
2013 Q2
2 quarters
|
|
|
MWE
572
PUT
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $58.1M | 0.03% |
878,100
+146,100
| +20% | +$10.1M |
2013 Q2
2 quarters
|
|
573
PUT
Illumina
ILMN
$41.2B
| $57.9M | 0.03% |
538,364
+256,898
| +91% | +$23.5M |
2013 Q2
2 quarters
|
|
574
PUT
Kinder Morgan
KMI
$69.2B
| $57.8M | 0.03% |
1,604,700
+479,400
| +43% | +$16.8M |
2013 Q2
2 quarters
|
|
|
RSX
575
PUT
DELISTED
VanEck Russia ETF
RSX
| $57.6M | 0.03% |
1,995,600
+788,000
| +65% | +$22.7M |
2013 Q2
2 quarters
|
|
Similar funds
Susquehanna International Group's Q4 2013 Portfolio in Review
As of Q4 2013, Susquehanna International Group held 9,880 positions worth $217B, up 15% from $189B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2013 filing shows 1,544 new, 3,872 increased, 3,399 reduced and 949 closed positions. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M. The largest sale was Apple, an estimated $889M.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 86% a quarter earlier, followed by Technology and Financials.
- Susquehanna International Group's largest Q4 2013 buy was American Airlines Group: 1,433,148 shares worth $36.2M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q4 2013, an estimated $580M increase.
- Susquehanna International Group's biggest Q4 2013 reduction was Apple, cutting an estimated $889M.
- Susquehanna International Group fully exited Hartford Financial Services Grp in Q4 2013, selling an estimated $329M.
- Susquehanna International Group's ten largest holdings make up 24% of its $217B portfolio in Q4 2013.
- Susquehanna International Group opened 1,544 new positions and closed 949 in Q4 2013.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $217B.
Based on Susquehanna International Group's 13F filing for Q4 2013, filed 13 Feb 2014.