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 | |
|---|---|---|---|---|---|---|
6026
Invesco Senior Loan ETF
BKLN
$6.76B
| $725K | ﹤0.01% |
32,340
+12,520
| +63% | +$285K |
|
6027
PUT
Evertec
EVTC
$1.89B
| $725K | ﹤0.01% |
43,300
+6,200
| +17% | +$109K |
|
|
PMCS
6028
CALL
DELISTED
P M C SIERRA INC
PMCS
| $725K | ﹤0.01% |
62,400
+20,800
| +50% | +$236K |
|
6029
PUT
Charles River Laboratories
CRL
$13.4B
| $724K | ﹤0.01% |
9,000
-1,500
| -14% | -$108K |
|
6030
Hawaiian Electric Industries
HE
$2.03B
| $724K | ﹤0.01% |
25,000
-25,278
| -50% | -$729K |
|
6031
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $724K | ﹤0.01% |
+9,707
| New | +$732K |
|
|
FNHC
6032
DELISTED
FedNat Holding Company Common Stock
FNHC
| $724K | ﹤0.01% |
+24,500
| New | +$715K |
|
6033
PUT
Autohome
ATHM
$2.61B
| $723K | ﹤0.01% |
20,700
-41,500
| -67% | -$1.4M |
|
6034
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.33B
| $723K | ﹤0.01% |
+28,529
| New | +$727K |
|
6035
PUT
ITT
ITT
$19.6B
| $723K | ﹤0.01% |
19,900
+8,000
| +67% | +$300K |
|
|
CVA
6036
PUT
DELISTED
Covanta Holding Corporation
CVA
| $723K | ﹤0.01% |
46,700
+12,800
| +38% | +$209K |
|
6037
iShares US Telecommunications ETF
IYZ
$1.23B
| $722K | ﹤0.01% |
25,075
-10,098
| -29% | -$294K |
|
6038
PUT
Dr. Reddy's Laboratories
RDY
$10.2B
| $722K | ﹤0.01% |
78,000
+55,500
| +247% | +$608K |
|
6039
Sasol
SSL
$7.39B
| $722K | ﹤0.01% |
26,924
-49,056
| -65% | -$1.44M |
|
6040
WSFS Financial
WSFS
$4.17B
| $722K | ﹤0.01% |
22,300
+4,800
| +27% | +$153K |
|
6041
PUT
Wolverine World Wide
WWW
$1.73B
| $722K | ﹤0.01% |
43,200
+16,800
| +64% | +$315K |
|
|
DISCK
6042
CALL
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $721K | ﹤0.01% |
28,600
-68,800
| -71% | -$1.88M |
|
6043
CALL
Buckle
BKE
$2.27B
| $720K | ﹤0.01% |
23,400
+6,900
| +42% | +$229K |
|
6044
CALL
Builders FirstSource
BLDR
$7.8B
| $720K | ﹤0.01% |
+65,000
| New | +$826K |
|
|
DF
6045
PUT
DELISTED
Dean Foods Company
DF
| $720K | ﹤0.01% |
42,000
-30,900
| -42% | -$557K |
|
|
ARO
6046
CALL
DELISTED
Aeropostale Inc
ARO
| $720K | ﹤0.01% |
2,570,900
+2,312,800
| +896% | +$1.27M |
|
6047
CPI Card Group
PMTS
$329M
| $719K | ﹤0.01% |
+13,483
| New | +$728K |
|
6048
PUT
Reinsurance Group of America
RGA
$16.3B
| $719K | ﹤0.01% |
+8,400
| New | +$761K |
|
6049
CALL
Vanguard Morningstar Small-Cap ETF
VB
$83.6B
| $719K | ﹤0.01% |
6,500
+4,000
| +160% | +$453K |
|
6050
PUT
Beazer Homes USA
BZH
$872M
| $718K | ﹤0.01% |
62,500
-149,000
| -70% | -$2.04M |
|
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.