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 | Technology | 3.55% |
| 2 | Financials | 1.77% |
| 3 | Consumer Discretionary | 1.54% |
| 4 | Energy | 1.43% |
| 5 | Healthcare | 1.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
CALL
Tapestry
TPR
$32.8B
| $55.2M | 0.03% |
982,600
-424,000
| -30% | -$22.9M |
|
602
PUT
Vodafone
VOD
$37.4B
| $55.1M | 0.03% |
1,376,147
-245,642
| -15% | -$9.24M |
|
603
Transocean
RIG
$5.82B
| $55M | 0.03% |
1,113,319
+634,038
| +132% | +$31M |
|
604
CALL
Akamai
AKAM
$15.9B
| $55M | 0.03% |
1,164,700
+12,100
| +1% | +$571K |
|
605
CALL
United Airlines
UAL
$42.1B
| $54.8M | 0.03% |
1,447,500
+30,100
| +2% | +$1.05M |
|
606
PUT
Alcoa
AA
$13.2B
| $54.6M | 0.03% |
2,137,120
+333
| +0% | +$7.38K |
|
607
PUT
Zillow
ZG
$7.63B
| $54.1M | 0.03% |
1,986,900
+188,700
| +10% | +$4.99M |
|
608
Altria Group
MO
$114B
| $54.1M | 0.03% |
1,409,687
+15,035
| +1% | +$555K |
|
|
RAX
609
PUT
DELISTED
Rackspace Hosting Inc
RAX
| $54.1M | 0.03% |
1,382,800
+937,400
| +210% | +$40.8M |
|
|
610
Vodafone
VOD
$37.4B
| $54.1M | 0.03% |
1,349,618
-528,728
| -28% | -$19.9M |
|
|
VIAB
611
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $53.7M | 0.02% |
614,700
-251,800
| -29% | -$20.8M |
|
612
Petrobras
PBR
$116B
| $53.6M | 0.02% |
3,890,066
+304,827
| +9% | +$4.73M |
|
613
Regeneron Pharmaceuticals
REGN
$80.8B
| $53.6M | 0.02% |
194,588
+23,758
| +14% | +$6.83M |
|
614
Costco
COST
$420B
| $53.5M | 0.02% |
449,678
+168,349
| +60% | +$20.1M |
|
615
PUT
Estee Lauder
EL
$32B
| $53.4M | 0.02% |
709,500
-155,400
| -18% | -$11.3M |
|
|
WLL
616
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $53.3M | 0.02% |
2,869
+760
| +36% | +$14.4M |
|
617
Kinder Morgan
KMI
$68.7B
| $53.2M | 0.02% |
1,478,535
+595,724
| +67% | +$20.9M |
|
|
618
United Airlines
UAL
$42.1B
| $53.2M | 0.02% |
1,406,993
+224,036
| +19% | +$7.85M |
|
|
ONIT
619
CALL
Onity Group
ONIT
$332M
| $53.2M | 0.02% |
63,927
+16,974
| +36% | +$14M |
|
620
UnitedHealth
UNH
$370B
| $53M | 0.02% |
703,636
-730,158
| -51% | -$52.5M |
|
621
PUT
Hartford Financial Services
HIG
$39.3B
| $52.9M | 0.02% |
1,460,300
-5,100
| -0.3% | -$176K |
|
|
ESRX
622
DELISTED
Express Scripts Holding Company
ESRX
| $52.7M | 0.02% |
750,524
+16,897
| +2% | +$1.1M |
|
623
CALL
Kohl's
KSS
$2.19B
| $52.5M | 0.02% |
924,400
+165,000
| +22% | +$9.05M |
|
|
GM.WS.A
624
DELISTED
GENERAL MOTORS COMPANY WARRANT (EXPIRES 07/10/2016)
GM.WS.A
| $52.3M | 0.02% |
1,678,343
+99,758
| +6% | +$2.81M |
|
625
Herbalife
HLF
$1.29B
| $52.3M | 0.02% |
1,328,230
-621,454
| -32% | -$21.5M |
|
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 deployed $9.58B of net new capital in Q4 2013, opening 1,544 new positions and adding to 3,872 existing holdings. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, down from 3.9% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $889M trimmed.
- 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.