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 | |
|---|---|---|---|---|---|---|
1001
Travelers Companies
TRV
$80.2B
| $29.3M | 0.01% |
303,185
-85,919
| -22% | -$8.8M |
|
1002
CALL
Opko Health
OPK
$1.02B
| $29.2M | 0.01% |
1,815,300
+1,220,300
| +205% | +$19M |
|
1003
PUT
Emerson Electric
EMR
$88.3B
| $29.1M | 0.01% |
525,700
+55,100
| +12% | +$3.24M |
|
1004
PUT
iShares MSCI South Korea ETF
EWY
$25.7B
| $29.1M | 0.01% |
528,000
+322,200
| +157% | +$18.9M |
|
1005
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $29.1M | 0.01% |
570,101
+549,399
| +2,654% | +$28.6M |
|
|
INVN
1006
PUT
DELISTED
Invensense Inc
INVN
| $29.1M | 0.01% |
1,925,700
-56,700
| -3% | -$856K |
|
|
CHL
1007
PUT
DELISTED
China Mobile Limited
CHL
| $29M | 0.01% |
453,000
+144,100
| +47% | +$9.84M |
|
1008
PUT
Fluor
FLR
$7.96B
| $28.9M | 0.01% |
545,200
+56,400
| +12% | +$3.26M |
|
|
TIF
1009
CALL
DELISTED
Tiffany & Co.
TIF
| $28.9M | 0.01% |
314,700
+115,100
| +58% | +$10.3M |
|
1010
CALL
Jazz Pharmaceuticals
JAZZ
$16.7B
| $28.8M | 0.01% |
163,600
-22,600
| -12% | -$4.06M |
|
1011
PUT
Helmerich & Payne
HP
$3.71B
| $28.8M | 0.01% |
408,600
+186,700
| +84% | +$13.8M |
|
1012
CALL
Invesco CurrencyShares Australian Dollar Trust
FXA
$98M
| $28.8M | 0.01% |
372,700
+330,300
| +779% | +$25.7M |
|
1013
CALL
Macy's
M
$6.68B
| $28.7M | 0.01% |
425,600
-391,400
| -48% | -$26.5M |
|
1014
CALL
Lumen
LUMN
$6.44B
| $28.7M | 0.01% |
975,700
-296,800
| -23% | -$10.1M |
|
|
KSU
1015
PUT
DELISTED
Kansas City Southern
KSU
| $28.7M | 0.01% |
314,300
+106,000
| +51% | +$10.5M |
|
|
JCP
1016
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $28.6M | 0.01% |
3,380,400
+281,200
| +9% | +$2.43M |
|
1017
PUT
ProShares UltraPro QQQ
TQQQ
$37.4B
| $28.6M | 0.01% |
12,888,000
+4,780,800
| +59% | +$11.1M |
|
1018
CALL
Microchip Technology
MCHP
$46B
| $28.3M | 0.01% |
1,194,600
+782,800
| +190% | +$19M |
|
1019
CALL
MGIC Investment
MTG
$6.25B
| $28.3M | 0.01% |
2,487,800
+359,500
| +17% | +$3.84M |
|
1020
PUT
W.W. Grainger
GWW
$60.2B
| $28.3M | 0.01% |
119,400
+24,000
| +25% | +$5.82M |
|
1021
CALL
InterDigital
IDCC
$8.89B
| $28.2M | 0.01% |
496,400
+59,700
| +14% | +$3.33M |
|
|
CRR
1022
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $28.2M | 0.01% |
660,600
+433,100
| +190% | +$17.5M |
|
|
LVLT
1023
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $28.2M | 0.01% |
534,900
+129,400
| +32% | +$7.09M |
|
|
CLVS
1024
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $28.1M | 0.01% |
319,400
+179,400
| +128% | +$15.4M |
|
|
QUNR
1025
CALL
DELISTED
Qunar Cayman Islands Limited
QUNR
| $28M | 0.01% |
653,900
+616,200
| +1,634% | +$28.9M |
|
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.