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 |
iShares Russell 2000 ETF
IWM
|
+$580M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$256M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$200M |
| 4 |
Cheniere Energy
LNG
|
+$147M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$889M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$332M |
| 3 |
HIG.WS
Hartford Financial Services Grp
HIG.WS
|
+$329M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$231M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.55% |
| 2 | Financials | 1.77% |
| 3 | Consumer Discretionary | 1.54% |
| 4 | Energy | 1.43% |
| 5 | Healthcare | 1.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
CALL
Boeing
BA
$188B
| $301M | 0.14% |
2,205,400
-910,000
| -29% | -$118M |
|
102
CALL
State Street Energy Select Sector SPDR ETF
XLE
$37.9B
| $297M | 0.14% |
6,710,600
-1,895,400
| -22% | -$81.6M |
|
103
CALL
Johnson & Johnson
JNJ
$621B
| $297M | 0.14% |
3,238,500
+95,700
| +3% | +$8.82M |
|
104
Intel
INTC
$501B
| $294M | 0.14% |
11,342,792
-321,212
| -3% | -$7.77M |
|
105
Freeport-McMoran
FCX
$96.8B
| $293M | 0.14% |
7,752,748
-3,468,908
| -31% | -$123M |
|
|
YHOO
106
PUT
DELISTED
Yahoo Inc
YHOO
| $290M | 0.13% |
7,166,600
+852,800
| +14% | +$30.6M |
|
|
107
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.33B
| $286M | 0.13% |
5,616,600
+3,546,200
| +171% | +$172M |
|
|
108
PUT
Freeport-McMoran
FCX
$96.8B
| $281M | 0.13% |
7,450,700
-1,756,200
| -19% | -$62.3M |
|
109
CALL
AT&T
T
$160B
| $277M | 0.13% |
10,424,779
+5,764,829
| +124% | +$152M |
|
110
SPDR Gold Trust
GLD
$138B
| $275M | 0.13% |
2,369,894
+1,044,514
| +79% | +$128M |
|
|
PXD
111
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $275M | 0.13% |
1,495,600
+697,100
| +87% | +$134M |
|
112
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.7B
| $275M | 0.13% |
1,661,400
+671,300
| +68% | +$105M |
|
113
PUT
Teva Pharmaceuticals
TEVA
$40.1B
| $273M | 0.13% |
6,820,200
+3,750,900
| +122% | +$148M |
|
|
114
Boeing
BA
$188B
| $273M | 0.13% |
2,002,063
+681,801
| +52% | +$88.6M |
|
115
CALL
Qualcomm
QCOM
$168B
| $266M | 0.12% |
3,580,700
+278,700
| +8% | +$19.7M |
|
116
CALL
3M
MMM
$93.8B
| $263M | 0.12% |
2,242,620
+767,952
| +52% | +$81.8M |
|
117
CALL
Chevron
CVX
$368B
| $262M | 0.12% |
2,096,700
+362,300
| +21% | +$43.8M |
|
118
PUT
CME Group
CME
$95.6B
| $261M | 0.12% |
3,323,100
+664,900
| +25% | +$52.1M |
|
119
CALL
Gilead Sciences
GILD
$164B
| $255M | 0.12% |
3,388,900
+1,055,200
| +45% | +$73.5M |
|
120
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.1B
| $254M | 0.12% |
1,040,104
+511,730
| +97% | +$120M |
|
121
Citigroup
C
$229B
| $252M | 0.12% |
4,833,737
+1,147,673
| +31% | +$58.1M |
|
122
Cisco
CSCO
$479B
| $252M | 0.12% |
11,211,161
+3,689,158
| +49% | +$81.6M |
|
|
123
Cheniere Energy
LNG
$55.6B
| $249M | 0.12% |
5,784,555
+3,683,847
| +175% | +$147M |
|
124
PUT
Morgan Stanley
MS
$343B
| $248M | 0.11% |
7,912,200
-962,300
| -11% | -$28.6M |
|
125
CALL
Merck
MRK
$319B
| $248M | 0.11% |
5,193,469
+1,609,204
| +45% | +$73.6M |
|
Similar funds
Susquehanna International Group's Q4 2013 Portfolio in Review
As of Q4 2013, Susquehanna International Group held 9,880 positions worth $217B, up 15% from $189B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $9.58B of net new capital in Q4 2013, opening 1,544 new positions and adding to 3,872 existing holdings. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, down from 3.9% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $889M trimmed.
- Susquehanna International Group's largest Q4 2013 buy was American Airlines Group: 1,433,148 shares worth $36.2M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q4 2013, an estimated $580M increase.
- Susquehanna International Group's biggest Q4 2013 reduction was Apple, cutting an estimated $889M.
- Susquehanna International Group fully exited Hartford Financial Services Grp in Q4 2013, selling an estimated $329M.
- Susquehanna International Group's ten largest holdings make up 24% of its $217B portfolio in Q4 2013.
- Susquehanna International Group opened 1,544 new positions and closed 949 in Q4 2013.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $217B.
Based on Susquehanna International Group's 13F filing for Q4 2013, filed 13 Feb 2014.