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 | Miscellaneous | 85.89% |
| 2 | Technology | 3.62% |
| 3 | Financials | 1.79% |
| 4 | Consumer Discretionary | 1.58% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
8001
Ribbon Communications
RBBN
$304M
| $228K | ﹤0.01% |
14,483
-21,681
| -60% | -$335K |
2013 Q2
2 quarters
|
|
|
SPR
8002
DELISTED
Spirit AeroSystems
SPR
| $228K | ﹤0.01% |
6,689
-272,901
| -98% | -$8.04M |
2013 Q2
2 quarters
|
|
8003
United States 12 Month Oil Fund,
USL
$48.9M
| $228K | ﹤0.01% |
+5,307
| New | +$225K |
2013 Q4
0 quarters
|
|
8004
PUT
ProShares Ultra Materials
UYM
$35.1M
| $228K | ﹤0.01% |
18,800
-67,600
| -78% | -$768K |
2013 Q2
2 quarters
|
|
|
HITT
8005
CALL
DELISTED
HITTITE MICROWAVE CORP
HITT
| $228K | ﹤0.01% |
3,700
-5,600
| -60% | -$350K |
2013 Q2
2 quarters
|
|
8006
PUT
Acadia Healthcare
ACHC
$2.69B
| $227K | ﹤0.01% |
+4,800
| New | +$209K |
2013 Q4
0 quarters
|
|
8007
PUT
OGE Energy
OGE
$9.29B
| $227K | ﹤0.01% |
+6,700
| New | +$240K |
2013 Q4
0 quarters
|
|
8008
CALL
Post Holdings
POST
$3.29B
| $227K | ﹤0.01% |
+7,029
| New | +$207K |
2013 Q4
0 quarters
|
|
|
CAJ
8009
PUT
DELISTED
Canon, Inc.
CAJ
| $227K | ﹤0.01% |
7,100
-10,200
| -59% | -$326K |
2013 Q2
2 quarters
|
|
|
WAIR
8010
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $227K | ﹤0.01% |
+10,351
| New | +$207K |
2013 Q4
0 quarters
|
|
8011
CALL
Credicorp
BAP
$30B
| $226K | ﹤0.01% |
1,766
-4,572
| -72% | -$582K |
2013 Q2
2 quarters
|
|
|
CSH
8012
CALL
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $226K | ﹤0.01% |
13,004
-13,664
| -51% | -$246K |
2013 Q2
2 quarters
|
|
|
CCIX
8013
DELISTED
COLEMAN CABLE IN COM
CCIX
| $226K | ﹤0.01% |
+8,627
| New | +$199K |
2013 Q4
0 quarters
|
|
8014
Aaon
AAON
$6.95B
| $225K | ﹤0.01% |
+15,863
| New | +$201K |
2013 Q4
0 quarters
|
|
8015
PUT
American Financial Group
AFG
$11.6B
| $225K | ﹤0.01% |
+3,900
| New | +$219K |
2013 Q4
0 quarters
|
|
8016
CALL
Brink's
BCO
$4.23B
| $225K | ﹤0.01% |
6,600
-4,000
| -38% | -$126K |
2013 Q2
2 quarters
|
|
|
BDN
8017
Brandywine Realty Trust
BDN
$470M
| $225K | ﹤0.01% |
15,965
-54,040
| -77% | -$732K |
2013 Q2
2 quarters
|
|
|
DVAX
8018
PUT
DELISTED
Dynavax Technologies
DVAX
| $225K | ﹤0.01% |
11,470
-15,680
| -58% | -$229K |
2013 Q2
2 quarters
|
|
8019
Forestar Group
FOR
$1.29B
| $225K | ﹤0.01% |
10,568
-53,406
| -83% | -$1.12M |
2013 Q2
2 quarters
|
|
|
LMNX
8020
DELISTED
Luminex Corp
LMNX
| $225K | ﹤0.01% |
+11,586
| New | +$219K |
2013 Q4
0 quarters
|
|
|
DTYL
8021
DELISTED
iPath US Treasury 10-year Bull ETN
DTYL
| $225K | ﹤0.01% |
3,479
| – | – |
2013 Q2
2 quarters
|
|
|
BMS
8022
CALL
DELISTED
Bemis
BMS
| $225K | ﹤0.01% |
+5,500
| New | +$216K |
2013 Q4
0 quarters
|
|
|
MR
8023
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $225K | ﹤0.01% |
+6,180
| New | +$240K |
2013 Q4
0 quarters
|
|
8024
ESCO Technologies
ESE
$7.04B
| $224K | ﹤0.01% |
6,525
-4,273
| -40% | -$147K |
2013 Q2
2 quarters
|
|
8025
CALL
Integra LifeSciences
IART
$1.03B
| $224K | ﹤0.01% |
+11,498
| New | +$211K |
2013 Q4
0 quarters
|
|
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's Q4 2013 filing shows 1,544 new, 3,872 increased, 3,399 reduced and 949 closed positions. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M. The largest sale was Apple, an estimated $889M.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 86% a quarter earlier, followed by Technology and Financials.
- 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.