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 | |
|---|---|---|---|---|---|---|
7001
PUT
Iron Mountain
IRM
$38.5B
| $435K | ﹤0.01% |
16,100
-7,200
| -31% | -$211K |
|
|
SCS
7002
CALL
DELISTED
Steelcase
SCS
| $435K | ﹤0.01% |
29,200
+13,800
| +90% | +$260K |
|
|
ENH
7003
PUT
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $435K | ﹤0.01% |
6,800
+600
| +10% | +$38.6K |
|
7004
PUT
Badger Meter
BMI
$3.79B
| $434K | ﹤0.01% |
14,800
-31,600
| -68% | -$941K |
|
|
CCRN
7005
PUT
DELISTED
Cross Country Healthcare
CCRN
| $434K | ﹤0.01% |
+26,500
| New | +$421K |
|
7006
CNO Financial Group
CNO
$5.11B
| $434K | ﹤0.01% |
22,710
-1,162
| -5% | -$22.6K |
|
7007
Constellium
CSTM
$4.01B
| $434K | ﹤0.01% |
56,314
+32,985
| +141% | +$230K |
|
7008
PUT
Honda
HMC
$41B
| $434K | ﹤0.01% |
13,600
-3,600
| -21% | -$117K |
|
|
CASC
7009
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $434K | ﹤0.01% |
32,596
+19,623
| +151% | +$338K |
|
7010
CALL
Autohome
ATHM
$2.61B
| $433K | ﹤0.01% |
12,400
-20,600
| -62% | -$693K |
|
7011
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$758M
| $433K | ﹤0.01% |
17,291
-4,998
| -22% | -$125K |
|
7012
PUT
Strategic Education
STRA
$1.86B
| $433K | ﹤0.01% |
+7,200
| New | +$408K |
|
|
TIS
7013
DELISTED
Orchids Paper Products, Inc.
TIS
| $433K | ﹤0.01% |
+14,002
| New | +$412K |
|
7014
Alkermes
ALKS
$8.23B
| $432K | ﹤0.01% |
5,437
-71,300
| -93% | -$4.99M |
|
7015
PUT
Avery Dennison
AVY
$13.6B
| $432K | ﹤0.01% |
6,900
-15,300
| -69% | -$966K |
|
7016
PUT
CoreCivic
CXW
$3.25B
| $432K | ﹤0.01% |
16,300
+5,600
| +52% | +$153K |
|
7017
CALL
iShares National Muni Bond ETF
MUB
$45.8B
| $432K | ﹤0.01% |
3,900
-1,200
| -24% | -$132K |
|
|
DERM
7018
DELISTED
Dermira, Inc.
DERM
| $432K | ﹤0.01% |
+12,486
| New | +$359K |
|
7019
CALL
Commerce Bancshares
CBSH
$8.64B
| $431K | ﹤0.01% |
+16,501
| New | +$445K |
|
7020
CALL
iShares MSCI Switzerland ETF
EWL
$2.21B
| $431K | ﹤0.01% |
13,900
-2,800
| -17% | -$87.8K |
|
7021
PUT
Worthington Enterprises
WOR
$2.87B
| $431K | ﹤0.01% |
23,195
-94,238
| -80% | -$1.74M |
|
|
TBNK
7022
DELISTED
Territorial Bancorp Inc.
TBNK
| $431K | ﹤0.01% |
15,543
+5,800
| +60% | +$163K |
|
|
VIXH
7023
DELISTED
First Trust CBOE S&P 500 VIX Tail Hedge Fund
VIXH
| $431K | ﹤0.01% |
17,985
-1,145
| -6% | -$28.2K |
|
|
PWE
7024
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $431K | ﹤0.01% |
514,905
-272,248
| -35% | -$289K |
|
7025
Altisource Portfolio Solutions
ASPS
$64.4M
| $430K | ﹤0.01% |
1,934
-12,967
| -87% | -$2.88M |
|
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.