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 | |
|---|---|---|---|---|---|---|
8426
CALL
Knowles
KN
$3.23B
| $192K | ﹤0.01% |
14,400
-195,200
| -93% | -$3.33M |
|
8427
CALL
Manchester United
MANU
$4.02B
| $192K | ﹤0.01% |
+10,800
| New | +$196K |
|
|
CJES
8428
CALL
DELISTED
C&J ENERGY SVCS LTD
CJES
| $192K | ﹤0.01% |
40,300
-150,600
| -79% | -$751K |
|
|
GOOD
8429
PUT
Gladstone Commercial Corp
GOOD
$641M
| $191K | ﹤0.01% |
13,100
-10,900
| -45% | -$163K |
|
8430
CALL
BlackRock TCP Capital
TCPC
$353M
| $191K | ﹤0.01% |
+13,700
| New | +$201K |
|
8431
Travelzoo
TZOO
$74.4M
| $191K | ﹤0.01% |
22,849
-11,601
| -34% | -$102K |
|
|
VSA
8432
VisionSys AI
VSA
$10.3M
| $191K | ﹤0.01% |
7
| – | – |
|
|
EFC
8433
CALL
Ellington Financial
EFC
$1.76B
| $190K | ﹤0.01% |
+11,300
| New | +$200K |
|
|
GOOD
8434
Gladstone Commercial Corp
GOOD
$641M
| $190K | ﹤0.01% |
+12,989
| New | +$195K |
|
8435
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$952M
| $190K | ﹤0.01% |
33,871
-40,713
| -55% | -$252K |
|
8436
Green Dot
GDOT
$770M
| $189K | ﹤0.01% |
+11,518
| New | +$197K |
|
8437
MarineMax
HZO
$1.15B
| $189K | ﹤0.01% |
10,245
-3,649
| -26% | -$60.7K |
|
8438
Insmed
INSM
$27.6B
| $189K | ﹤0.01% |
10,416
-20,207
| -66% | -$356K |
|
8439
PUT
Magnite
MGNI
$3.53B
| $189K | ﹤0.01% |
11,500
-14,800
| -56% | -$229K |
|
|
ENLC
8440
CALL
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $189K | ﹤0.01% |
12,500
-9,500
| -43% | -$171K |
|
|
MPSX
8441
DELISTED
Multi Packaging Solutions Intl.
MPSX
| $189K | ﹤0.01% |
+10,907
| New | +$185K |
|
|
PVG
8442
CALL
DELISTED
PRETIUM RESOURCES INC.
PVG
| $188K | ﹤0.01% |
37,400
-4,000
| -10% | -$23K |
|
8443
CALL
Comstock Resources
CRK
$3.99B
| $187K | ﹤0.01% |
19,960
-23,300
| -54% | -$279K |
|
8444
PUT
Independent Bank Corp
IBCP
$854M
| $187K | ﹤0.01% |
12,300
-36,200
| -75% | -$542K |
|
8445
PUT
Iovance Biotherapeutics
IOVA
$2.95B
| $187K | ﹤0.01% |
24,200
-11,000
| -31% | -$76.3K |
|
8446
CALL
Teladoc Health
TDOC
$1.26B
| $187K | ﹤0.01% |
+10,400
| New | +$192K |
|
|
DNR
8447
CALL
DELISTED
Denbury Resources, Inc.
DNR
| $187K | ﹤0.01% |
92,700
-131,600
| -59% | -$424K |
|
|
ICON
8448
DELISTED
Iconix Brand Group, Inc.
ICON
| $187K | ﹤0.01% |
+2,740
| New | +$281K |
|
|
PMCS
8449
PUT
DELISTED
P M C SIERRA INC
PMCS
| $187K | ﹤0.01% |
+16,100
| New | +$183K |
|
8450
Pacific Biosciences
PACB
$357M
| $186K | ﹤0.01% |
14,132
-34,650
| -71% | -$311K |
|
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.