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 | |
|---|---|---|---|---|---|---|
1051
PUT
Cardinal Health
CAH
$55.4B
| $28.7M | 0.01% |
355,000
+145,800
| +70% | +$11.5M |
|
1052
CALL
iShares MSCI Germany ETF
EWG
$1.68B
| $28.6M | 0.01% |
1,043,700
-212,000
| -17% | -$5.79M |
|
|
NE
1053
CALL
DELISTED
Noble Corporation
NE
| $28.6M | 0.01% |
1,726,400
+554,500
| +47% | +$10.6M |
|
1054
GoPro
GPRO
$126M
| $28.5M | 0.01% |
450,759
+107,529
| +31% | +$7.92M |
|
1055
PUT
Broadcom
AVGO
$2.04T
| $28.5M | 0.01% |
2,829,000
-276,000
| -9% | -$2.47M |
|
1056
CALL
Sherwin-Williams
SHW
$89.8B
| $28.4M | 0.01% |
324,000
+18,900
| +6% | +$1.49M |
|
1057
AutoZone
AZO
$51.1B
| $28.4M | 0.01% |
45,873
+17,394
| +61% | +$9.8M |
|
1058
CALL
Assured Guaranty
AGO
$3.34B
| $28.4M | 0.01% |
1,092,700
-176,800
| -14% | -$4.26M |
|
1059
PUT
Enterprise Products Partners
EPD
$81.7B
| $28.4M | 0.01% |
785,900
+69,400
| +10% | +$2.57M |
|
1060
PUT
Canadian Pacific Kansas City
CP
$80.5B
| $28.4M | 0.01% |
736,500
-1,040,500
| -59% | -$41.2M |
|
|
ACHN
1061
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $28.4M | 0.01% |
2,314,400
-373,600
| -14% | -$4.56M |
|
1062
Philip Morris
PM
$295B
| $28.3M | 0.01% |
347,308
-194,411
| -36% | -$16.7M |
|
1063
PUT
Honeywell
HON
$78B
| $28.3M | 0.01% |
314,838
-48,300
| -13% | -$4.16M |
|
|
K
1064
PUT
DELISTED
Kellanova
K
| $28.2M | 0.01% |
459,441
+99,471
| +28% | +$5.97M |
|
1065
PUT
Southwest Airlines
LUV
$23B
| $28.2M | 0.01% |
666,900
+301,000
| +82% | +$11.2M |
|
1066
CALL
Mercado Libre
MELI
$92.3B
| $28.2M | 0.01% |
220,600
-30,200
| -12% | -$3.81M |
|
|
BID
1067
PUT
DELISTED
Sotheby's
BID
| $28.1M | 0.01% |
651,700
-197,000
| -23% | -$7.78M |
|
1068
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.5B
| $28.1M | 0.01% |
157,900
-33,117
| -17% | -$5.74M |
|
1069
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $28.1M | 0.01% |
262,200
+133,100
| +103% | +$13.8M |
|
|
ESV
1070
CALL
DELISTED
Ensco Rowan plc
ESV
| $28.1M | 0.01% |
234,225
+43,450
| +23% | +$6.23M |
|
1071
PUT
General Mills
GIS
$19.7B
| $28M | 0.01% |
524,900
+15,200
| +3% | +$786K |
|
1072
Vodafone
VOD
$37.4B
| $28M | 0.01% |
819,137
-759,109
| -48% | -$25.6M |
|
1073
PUT
Apollo Global Management
APO
$73.4B
| $28M | 0.01% |
1,186,400
-265,100
| -18% | -$6.11M |
|
|
INVN
1074
CALL
DELISTED
Invensense Inc
INVN
| $28M | 0.01% |
1,719,400
+720,300
| +72% | +$12.1M |
|
1075
PVH
PVH
$4.04B
| $27.9M | 0.01% |
217,895
+152,603
| +234% | +$18.3M |
|
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.