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 | 2.99% |
| 2 | Financials | 2.13% |
| 3 | Consumer Discretionary | 1.62% |
| 4 | Communication Services | 1.4% |
| 5 | Healthcare | 1.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
PUT
APA Corp
APA
$13.2B
| $55.1M | 0.03% |
1,238,800
-5,114,800
| -81% | -$238M |
|
552
PUT
Seagate
STX
$184B
| $55M | 0.03% |
1,499,600
+330,500
| +28% | +$12.6M |
|
553
CALL
HCA Healthcare
HCA
$89.5B
| $54.9M | 0.03% |
812,100
+181,700
| +29% | +$12.7M |
|
554
CALL
Hershey
HSY
$36.6B
| $54.9M | 0.03% |
614,700
+426,800
| +227% | +$38.3M |
|
|
RAI
555
PUT
DELISTED
Reynolds American Inc
RAI
| $54.6M | 0.03% |
1,182,800
-169,700
| -13% | -$7.85M |
|
556
CALL
TripAdvisor
TRIP
$1.26B
| $54.4M | 0.03% |
637,600
+132,000
| +26% | +$10.7M |
|
557
CALL
Dollar Tree
DLTR
$25.2B
| $54.3M | 0.03% |
703,000
+438,100
| +165% | +$30.6M |
|
|
BWLD
558
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $53.9M | 0.02% |
337,800
+43,900
| +15% | +$7.32M |
|
559
CALL
Simon Property Group
SPG
$72.3B
| $53.9M | 0.02% |
277,100
-26,100
| -9% | -$5.06M |
|
560
Energy Transfer Partners
ET
$69.3B
| $53.8M | 0.02% |
3,916,707
+715,926
| +22% | +$13.4M |
|
561
PUT
VanEck Oil Services ETF
OIH
$1.92B
| $53.8M | 0.02% |
101,690
-32,770
| -24% | -$19.5M |
|
562
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $53.7M | 0.02% |
444,263
-256,013
| -37% | -$36.4M |
|
563
PUT
Ionis Pharmaceuticals
IONS
$9.4B
| $53.7M | 0.02% |
866,900
-74,100
| -8% | -$4M |
|
564
CALL
General Mills
GIS
$19.7B
| $53.5M | 0.02% |
927,500
-74,900
| -7% | -$4.31M |
|
565
CVS Health
CVS
$122B
| $53.4M | 0.02% |
546,277
-106,691
| -16% | -$10.4M |
|
|
ICPT
566
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $52.8M | 0.02% |
353,700
+25,500
| +8% | +$4.32M |
|
567
Coca-Cola
KO
$375B
| $52.6M | 0.02% |
1,225,244
-329,240
| -21% | -$14M |
|
568
PUT
Abercrombie & Fitch
ANF
$5B
| $52.5M | 0.02% |
1,944,300
+34,100
| +2% | +$792K |
|
569
CALL
Ford
F
$55.7B
| $52.5M | 0.02% |
3,723,600
-12,894,800
| -78% | -$187M |
|
570
CALL
MGM Resorts International
MGM
$11.2B
| $52.4M | 0.02% |
2,308,300
+54,600
| +2% | +$1.2M |
|
571
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $52.3M | 0.02% |
2,409,998
+72,560
| +3% | +$1.61M |
|
|
XLNX
572
DELISTED
Xilinx Inc
XLNX
| $52.3M | 0.02% |
1,113,738
+546,313
| +96% | +$25.8M |
|
|
EMC
573
DELISTED
EMC CORPORATION
EMC
| $52.3M | 0.02% |
2,036,415
+716,282
| +54% | +$18.6M |
|
574
Halliburton
HAL
$26.6B
| $52.2M | 0.02% |
1,533,084
-2,781,829
| -64% | -$105M |
|
575
CALL
iShares MSCI Japan ETF
EWJ
$23B
| $52.2M | 0.02% |
1,065,400
+620,125
| +139% | +$30.4M |
|
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.