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 | |
|---|---|---|---|---|---|---|
|
VMW
601
CALL
DELISTED
VMware, Inc
VMW
| $49.6M | 0.02% |
876,100
+284,500
| +48% | +$17.7M |
|
|
P
602
CALL
DELISTED
Pandora Media Inc
P
| $49.6M | 0.02% |
3,695,500
+872,900
| +31% | +$13M |
|
603
Corning
GLW
$143B
| $49.2M | 0.02% |
2,688,782
+249,968
| +10% | +$4.53M |
|
|
SCHW
604
CALL
Charles Schwab
SCHW
$187B
| $49.1M | 0.02% |
1,490,800
+1,146,700
| +333% | +$36.3M |
|
|
CBI
605
DELISTED
Chicago Bridge & Iron Nv
CBI
| $49.1M | 0.02% |
1,259,007
+538,282
| +75% | +$22.4M |
|
606
PUT
Kimberly-Clark
KMB
$36.5B
| $49.1M | 0.02% |
385,500
-33,700
| -8% | -$4.05M |
|
|
ALXN
607
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $48.9M | 0.02% |
256,100
-412,700
| -62% | -$72.1M |
|
608
PUT
Vale
VALE
$62.6B
| $48.6M | 0.02% |
14,771,300
-1,673,100
| -10% | -$6.68M |
|
|
IOC
609
CALL
DELISTED
Interoil Corporation
IOC
| $48.4M | 0.02% |
1,541,300
-3,000
| -0.2% | -$110K |
|
610
Union Pacific
UNP
$174B
| $48.4M | 0.02% |
618,995
+121,966
| +25% | +$10.5M |
|
611
CALL
Workday
WDAY
$44.4B
| $48.4M | 0.02% |
606,900
-108,000
| -15% | -$8.64M |
|
612
iShares US Real Estate ETF
IYR
$4.65B
| $48.1M | 0.02% |
639,970
+205,374
| +47% | +$15.3M |
|
|
PNRA
613
CALL
DELISTED
Panera Bread Co
PNRA
| $47.9M | 0.02% |
246,000
-49,200
| -17% | -$9.13M |
|
614
PUT
HSBC
HSBC
$356B
| $47.9M | 0.02% |
1,361,326
-441,092
| -24% | -$15.6M |
|
|
MNDT
615
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $47.8M | 0.02% |
2,303,851
+587,618
| +34% | +$14.7M |
|
|
PXD
616
DELISTED
Pioneer Natural Resource Co.
PXD
| $47.8M | 0.02% |
380,977
+106,376
| +39% | +$14.6M |
|
617
PUT
Royal Bank of Canada
RY
$293B
| $47.7M | 0.02% |
889,900
+63,500
| +8% | +$3.56M |
|
618
PUT
Dollar General
DG
$27.9B
| $47.7M | 0.02% |
663,200
+60,100
| +10% | +$4.08M |
|
619
CALL
Accenture
ACN
$108B
| $47.3M | 0.02% |
452,900
-67,400
| -13% | -$7.11M |
|
620
CALL
PayPal
PYPL
$50.5B
| $47.3M | 0.02% |
1,307,300
+280,100
| +27% | +$9.88M |
|
621
PUT
Cencora
COR
$61.2B
| $47.3M | 0.02% |
456,100
+115,700
| +34% | +$11.4M |
|
|
RAD
622
PUT
DELISTED
Rite Aid Corporation
RAD
| $47.2M | 0.02% |
300,990
+72,000
| +31% | +$10.7M |
|
623
PUT
Incyte
INCY
$24.4B
| $47.2M | 0.02% |
434,900
+100,500
| +30% | +$11.2M |
|
|
VIAB
624
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $46.9M | 0.02% |
1,140,600
-236,400
| -17% | -$11.1M |
|
625
CALL
Bath & Body Works
BBWI
$4.1B
| $46.9M | 0.02% |
605,759
+379,512
| +168% | +$29.4M |
|
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.