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 | |
|---|---|---|---|---|---|---|
|
TIF
1001
CALL
DELISTED
Tiffany & Co.
TIF
| $23.9M | 0.01% |
313,800
+53,800
| +21% | +$4.2M |
|
1002
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $23.9M | 0.01% |
341,325
-417,954
| -55% | -$28.5M |
|
1003
Travelers Companies
TRV
$80.2B
| $23.9M | 0.01% |
211,906
-58,695
| -22% | -$6.52M |
|
1004
PUT
NextEra Energy
NEE
$177B
| $23.9M | 0.01% |
920,800
+394,800
| +75% | +$9.99M |
|
1005
CALL
Capital One
COF
$134B
| $23.9M | 0.01% |
331,300
-282,200
| -46% | -$21.6M |
|
|
RSX
1006
CALL
DELISTED
VanEck Russia ETF
RSX
| $23.9M | 0.01% |
1,632,000
-556,500
| -25% | -$9.1M |
|
1007
PUT
MBIA
MBI
$260M
| $23.9M | 0.01% |
3,683,700
+1,702,700
| +86% | +$11.5M |
|
|
EZCH
1008
PUT
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $23.8M | 0.01% |
964,300
+939,800
| +3,836% | +$23.1M |
|
1009
CALL
Harley-Davidson
HOG
$2.71B
| $23.8M | 0.01% |
524,000
+329,300
| +169% | +$16.2M |
|
1010
PUT
Opko Health
OPK
$1.02B
| $23.8M | 0.01% |
2,364,200
-1,080,700
| -31% | -$10.8M |
|
1011
CALL
Strategy Inc
MSTR
$38.4B
| $23.6M | 0.01% |
1,319,000
+826,000
| +168% | +$15M |
|
1012
CALL
Constellation Brands
STZ
$23.2B
| $23.6M | 0.01% |
166,000
-91,300
| -35% | -$12.6M |
|
|
VIAB
1013
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $23.6M | 0.01% |
573,300
-820,300
| -59% | -$38.5M |
|
1014
PUT
Polaris
PII
$4.07B
| $23.6M | 0.01% |
274,300
+163,800
| +148% | +$17.4M |
|
|
OUTR
1015
PUT
DELISTED
OUTERWALL INC
OUTR
| $23.6M | 0.01% |
644,800
+339,700
| +111% | +$18.9M |
|
1016
PUT
General Mills
GIS
$19.7B
| $23.6M | 0.01% |
408,600
-70,200
| -15% | -$4.04M |
|
|
WCG
1017
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $23.6M | 0.01% |
301,200
+32,900
| +12% | +$2.73M |
|
1018
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $23.5M | 0.01% |
719,400
-510,300
| -41% | -$17.6M |
|
1019
CALL
Tapestry
TPR
$32.8B
| $23.5M | 0.01% |
717,900
-289,300
| -29% | -$9M |
|
|
CXO
1020
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $23.4M | 0.01% |
252,000
+66,900
| +36% | +$7.16M |
|
1021
D.R. Horton
DHI
$42.3B
| $23.4M | 0.01% |
730,234
+592,782
| +431% | +$18.5M |
|
1022
PUT
Community Health Systems
CYH
$423M
| $23.4M | 0.01% |
1,066,494
+581,405
| +120% | +$15M |
|
1023
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $23.4M | 0.01% |
1,177,346
-1,614,342
| -58% | -$32.1M |
|
1024
Vale
VALE
$62.6B
| $23.2M | 0.01% |
7,041,881
+416,831
| +6% | +$1.66M |
|
|
JCP
1025
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $23.1M | 0.01% |
3,475,200
-505,600
| -13% | -$4.22M |
|
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.