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 |
Alphabet (Google) Class C
GOOG
|
+$726M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$599M |
| 3 |
Apple
AAPL
|
+$578M |
| 4 |
Meta Platforms (Facebook)
META
|
+$328M |
| 5 |
American Airlines Group
AAL
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 2 |
Gilead Sciences
GILD
|
+$392M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$285M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$225M |
| 5 |
Intel
INTC
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Consumer Discretionary | 2.14% |
| 3 | Financials | 1.65% |
| 4 | Communication Services | 1.58% |
| 5 | Healthcare | 1.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
GE Aerospace
GE
$396B
| $416M | 0.18% |
3,267,704
+383,168
| +13% | +$49.7M |
|
77
PUT
Regeneron Pharmaceuticals
REGN
$79.1B
| $413M | 0.18% |
809,000
+15,300
| +2% | +$7.47M |
|
78
CALL
AT&T
T
$158B
| $409M | 0.17% |
15,255,128
-7,232,747
| -32% | -$187M |
|
79
Amazon
AMZN
$2.94T
| $409M | 0.17% |
18,823,480
-1,545,080
| -8% | -$32.3M |
|
80
PUT
Microsoft
MSFT
$3.62T
| $407M | 0.17% |
9,212,600
-1,587,800
| -15% | -$72.4M |
|
81
PUT
Freeport-McMoran
FCX
$99.8B
| $396M | 0.17% |
21,271,200
+13,169,500
| +163% | +$272M |
|
82
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.7B
| $394M | 0.17% |
2,238,400
+416,800
| +23% | +$75M |
|
83
CALL
SPDR Gold Trust
GLD
$138B
| $394M | 0.17% |
3,502,060
-3,115,960
| -47% | -$357M |
|
|
84
PUT
SPDR Gold Trust
GLD
$138B
| $392M | 0.17% |
3,486,990
+277,740
| +9% | +$31.8M |
|
85
PUT
American Express
AXP
$236B
| $391M | 0.17% |
5,032,100
-366,300
| -7% | -$29.1M |
|
|
CELG
86
CALL
DELISTED
Celgene Corp
CELG
| $391M | 0.17% |
3,374,100
-1,743,800
| -34% | -$199M |
|
87
PUT
Johnson & Johnson
JNJ
$621B
| $380M | 0.16% |
3,895,800
+752,800
| +24% | +$75.4M |
|
88
PUT
Walt Disney
DIS
$177B
| $377M | 0.16% |
3,302,000
-88,100
| -3% | -$9.67M |
|
89
VanEck Gold Miners ETF
GDX
$25.5B
| $375M | 0.16% |
21,126,383
+2,816,702
| +15% | +$54.8M |
|
90
CALL
Chipotle Mexican Grill
CMG
$43.7B
| $374M | 0.16% |
30,915,000
+975,000
| +3% | +$12.3M |
|
|
91
CALL
Intel
INTC
$510B
| $373M | 0.16% |
12,252,500
-1,530,600
| -11% | -$49.5M |
|
92
PUT
General Motors
GM
$78.2B
| $371M | 0.16% |
11,125,800
+92,300
| +0.8% | +$3.29M |
|
93
PUT
Caterpillar
CAT
$401B
| $362M | 0.15% |
4,268,000
-1,255,800
| -23% | -$108M |
|
94
CALL
Bank of America
BAC
$442B
| $359M | 0.15% |
21,079,700
+3,161,500
| +18% | +$52.1M |
|
|
95
PUT
American Airlines Group
AAL
$11B
| $358M | 0.15% |
8,956,700
+4,018,100
| +81% | +$183M |
|
96
CALL
United States Oil Fund
USO
$1.79B
| $355M | 0.15% |
2,229,513
-496,050
| -18% | -$78.8M |
|
97
PUT
Humana
HUM
$43.7B
| $353M | 0.15% |
1,845,400
+1,498,600
| +432% | +$278M |
|
|
98
CALL
Johnson & Johnson
JNJ
$621B
| $353M | 0.15% |
3,616,900
+1,280,900
| +55% | +$128M |
|
99
PUT
Blackstone
BX
$109B
| $352M | 0.15% |
8,787,856
+2,623,110
| +43% | +$108M |
|
100
PUT
McDonald's
MCD
$195B
| $351M | 0.15% |
3,687,400
+70,200
| +2% | +$6.79M |
|
Similar funds
Susquehanna International Group's Q2 2015 Portfolio in Review
As of Q2 2015, Susquehanna International Group held 10,941 positions worth $235B, up 6.8% from $220B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $12.9B of net new capital in Q2 2015, opening 1,599 new positions and adding to 4,693 existing holdings. Its largest new stake was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.17B trimmed.
- Susquehanna International Group's largest Q2 2015 buy was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
- Susquehanna International Group added most to Alphabet (Google) Class C in Q2 2015, an estimated $726M increase.
- Susquehanna International Group's biggest Q2 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.17B.
- Susquehanna International Group fully exited ACTAVIS PLC Pfd Conv Ser A (Irl) in Q2 2015, selling an estimated $41.7M.
- Susquehanna International Group's ten largest holdings make up 24% of its $235B portfolio in Q2 2015.
- Susquehanna International Group opened 1,599 new positions and closed 888 in Q2 2015.
- Susquehanna International Group's portfolio value rose 6.8% quarter-over-quarter to $235B.
Based on Susquehanna International Group's 13F filing for Q2 2015, filed 14 Aug 2015.