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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.22B |
| 2 |
Alibaba
BABA
|
+$408M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$292M |
| 4 |
Gilead Sciences
GILD
|
+$218M |
| 5 |
Ford
F
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$1.37B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.18B |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$619M |
| 4 |
Bank of America
BAC
|
+$487M |
| 5 |
Booking.com
BKNG
|
+$406M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.49% |
| 2 | Consumer Discretionary | 1.99% |
| 3 | Financials | 1.6% |
| 4 | Healthcare | 1.35% |
| 5 | Energy | 1.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
76
PUT
DELISTED
Allergan plc
AGN
| $500M | 0.2% |
1,943,400
+277,400
| +17% | +$69.3M |
|
77
CALL
Occidental Petroleum
OXY
$55.7B
| $498M | 0.2% |
6,192,026
+922,844
| +18% | +$76.6M |
|
|
78
Ford
F
$55B
| $496M | 0.2% |
32,025,196
+14,612,128
| +84% | +$215M |
|
79
PUT
Microsoft
MSFT
$3.71T
| $495M | 0.2% |
10,667,100
-3,450,500
| -24% | -$162M |
|
80
CALL
Johnson & Johnson
JNJ
$619B
| $495M | 0.2% |
4,737,900
+1,187,900
| +33% | +$125M |
|
81
PUT
iShares China Large-Cap ETF
FXI
$4.29B
| $495M | 0.2% |
11,899,600
-3,697,300
| -24% | -$146M |
|
82
PUT
Intuitive Surgical
ISRG
$132B
| $493M | 0.2% |
8,386,200
-436,500
| -5% | -$24.3M |
|
|
TWTR
83
PUT
DELISTED
Twitter, Inc.
TWTR
| $490M | 0.19% |
13,647,400
+2,851,100
| +26% | +$121M |
|
84
PUT
ExxonMobil
XOM
$642B
| $488M | 0.19% |
5,275,900
-884,800
| -14% | -$82.5M |
|
|
AGN
85
CALL
DELISTED
Allergan plc
AGN
| $477M | 0.19% |
1,853,200
+632,100
| +52% | +$158M |
|
86
Berkshire Hathaway Class B
BRK.B
$1.13T
| $474M | 0.19% |
3,160,039
+458,086
| +17% | +$66.1M |
|
87
CALL
Goldman Sachs
GS
$301B
| $464M | 0.18% |
2,396,400
-244,300
| -9% | -$45.9M |
|
|
88
PUT
Berkshire Hathaway Class B
BRK.B
$1.13T
| $458M | 0.18% |
3,048,400
+488,400
| +19% | +$70.5M |
|
89
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$314M
| $456M | 0.18% |
9,823,500
-2,437,400
| -20% | -$124M |
|
90
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.3B
| $455M | 0.18% |
2,557,100
-2,013,000
| -44% | -$349M |
|
91
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.52B
| $454M | 0.18% |
2,373,600
+1,474,350
| +164% | +$328M |
|
|
92
Alibaba
BABA
$304B
| $454M | 0.18% |
4,363,997
+3,972,681
| +1,015% | +$408M |
|
|
WBA
93
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $450M | 0.18% |
5,906,300
-2,351,500
| -28% | -$157M |
|
|
94
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $450M | 0.18% |
11,369,400
+1,515,400
| +15% | +$63M |
|
95
Amazon
AMZN
$2.94T
| $449M | 0.18% |
28,951,880
+7,451,840
| +35% | +$116M |
|
|
TWTR
96
CALL
DELISTED
Twitter, Inc.
TWTR
| $447M | 0.18% |
12,450,000
+1,792,000
| +17% | +$76.3M |
|
97
CALL
IBM
IBM
$220B
| $438M | 0.17% |
2,853,279
+1,201,854
| +73% | +$191M |
|
98
PUT
Mastercard
MA
$505B
| $436M | 0.17% |
5,064,300
+87,900
| +2% | +$7.17M |
|
99
PUT
GE Aerospace
GE
$389B
| $433M | 0.17% |
3,573,651
+55,170
| +2% | +$6.78M |
|
100
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $428M | 0.17% |
3,401,900
+1,031,700
| +44% | +$125M |
|
Similar funds
Susquehanna International Group's Q4 2014 Portfolio in Review
As of Q4 2014, Susquehanna International Group held 10,737 positions worth $252B, down 3% from $260B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Susquehanna International Group withdrew a net $10.2B in Q4 2014, closing 1,178 positions and reducing 4,352 holdings. Its most notable exit was Bausch Health, an estimated $68.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, up from 2.2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in FlexShares Global Upstream Natural Resources Index Fund worth $31M.
- Susquehanna International Group's largest Q4 2014 buy was FlexShares Global Upstream Natural Resources Index Fund: 1,011,289 shares worth $31M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $1.22B increase.
- Susquehanna International Group's biggest Q4 2014 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $1.37B.
- Susquehanna International Group fully exited Bausch Health in Q4 2014, selling an estimated $68.9M.
- Susquehanna International Group's ten largest holdings make up 23% of its $252B portfolio in Q4 2014.
- Susquehanna International Group opened 1,370 new positions and closed 1,178 in Q4 2014.
- Susquehanna International Group's portfolio value fell 3% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2014, filed 17 Feb 2015.