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 | |
|---|---|---|---|---|---|---|
776
Deere & Co
DE
$168B
| $34.7M | 0.02% |
455,191
+13,945
| +3% | +$1.08M |
|
777
PUT
T-Mobile US
TMUS
$190B
| $34.6M | 0.02% |
884,800
-144,000
| -14% | -$5.56M |
|
778
PUT
US Bancorp
USB
$99.6B
| $34.6M | 0.02% |
811,000
-206,300
| -20% | -$8.82M |
|
779
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.77B
| $34.6M | 0.02% |
646,943
+407,026
| +170% | +$22.7M |
|
780
PUT
Capital One
COF
$134B
| $34.5M | 0.02% |
478,500
-18,600
| -4% | -$1.42M |
|
781
CALL
Energy Transfer Partners
ET
$69.3B
| $34.5M | 0.02% |
2,510,300
+1,017,400
| +68% | +$19M |
|
|
PARA
782
DELISTED
Paramount Global Class B
PARA
| $34.5M | 0.02% |
731,693
-905,723
| -55% | -$42.5M |
|
783
PUT
Acadia Pharmaceuticals
ACAD
$5.03B
| $34.4M | 0.02% |
965,500
+106,500
| +12% | +$3.75M |
|
784
CALL
Ciena
CIEN
$58.4B
| $34.4M | 0.02% |
1,661,500
-232,900
| -12% | -$5.35M |
|
785
PUT
Canadian Solar
CSIQ
$1.08B
| $34.2M | 0.02% |
1,182,600
-220,500
| -16% | -$5.08M |
|
|
JCP
786
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $34.2M | 0.02% |
5,135,900
+784,700
| +18% | +$6.55M |
|
|
DFS
787
CALL
DELISTED
Discover Financial Services
DFS
| $34.1M | 0.02% |
635,500
-103,700
| -14% | -$5.75M |
|
|
ATHN
788
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $34M | 0.02% |
211,200
-16,000
| -7% | -$2.47M |
|
|
NBIS
789
PUT
Nebius Group N.V.
NBIS
$47.7B
| $34M | 0.02% |
2,161,300
+167,700
| +8% | +$2.51M |
|
790
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $33.9M | 0.02% |
1,037,400
-193,400
| -16% | -$6.66M |
|
791
PUT
Adobe
ADBE
$105B
| $33.7M | 0.02% |
359,000
-314,700
| -47% | -$28.3M |
|
792
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.5B
| $33.7M | 0.02% |
193,624
-66,802
| -26% | -$11.7M |
|
|
HES
793
CALL
DELISTED
Hess
HES
| $33.6M | 0.02% |
693,400
-152,600
| -18% | -$8.66M |
|
794
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $33.5M | 0.02% |
1,687,800
+664,400
| +65% | +$13.2M |
|
795
Under Armour
UAA
$2.6B
| $33.5M | 0.02% |
830,182
+808,638
| +3,753% | +$36.9M |
|
|
VMW
796
DELISTED
VMware, Inc
VMW
| $33.4M | 0.02% |
590,585
-68,315
| -10% | -$4.25M |
|
797
CALL
Welltower
WELL
$171B
| $33.4M | 0.02% |
490,900
+117,600
| +32% | +$7.68M |
|
|
VALE.P
798
DELISTED
Vale S A
VALE.P
| $33.4M | 0.02% |
13,090,251
+1,585,217
| +14% | +$5.13M |
|
799
Eli Lilly
LLY
$1.06T
| $33.3M | 0.02% |
395,527
-168,703
| -30% | -$14M |
|
800
CALL
TJX Companies
TJX
$178B
| $33.3M | 0.02% |
938,800
-600,800
| -39% | -$21.4M |
|
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.