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 | |
|---|---|---|---|---|---|---|
101
CALL
Biogen
BIIB
$30.5B
| $428M | 0.17% |
1,260,800
+464,200
| +58% | +$150M |
|
|
102
CALL
Ford
F
$55B
| $425M | 0.17% |
27,442,300
+13,111,200
| +91% | +$193M |
|
103
PUT
Visa
V
$692B
| $425M | 0.17% |
6,483,600
+606,000
| +10% | +$36.5M |
|
104
CALL
Mastercard
MA
$505B
| $416M | 0.17% |
4,832,400
-111,700
| -2% | -$9.12M |
|
|
GMCR
105
PUT
DELISTED
KEURIG GREEN MTN INC
GMCR
| $415M | 0.16% |
3,137,900
-427,500
| -12% | -$60.7M |
|
106
PUT
Johnson & Johnson
JNJ
$619B
| $413M | 0.16% |
3,944,800
+1,879,400
| +91% | +$198M |
|
|
LNKD
107
PUT
DELISTED
LinkedIn Corporation
LNKD
| $405M | 0.16% |
1,762,000
-382,500
| -18% | -$82.9M |
|
108
CALL
Chevron
CVX
$371B
| $404M | 0.16% |
3,605,000
+519,800
| +17% | +$59.1M |
|
109
PUT
iShares MSCI EAFE ETF
EFA
$79.4B
| $403M | 0.16% |
6,579,400
+1,564,600
| +31% | +$97.7M |
|
110
CALL
Comcast
CMCSA
$89.3B
| $402M | 0.16% |
13,863,200
+3,187,000
| +30% | +$87.3M |
|
|
LNKD
111
CALL
DELISTED
LinkedIn Corporation
LNKD
| $392M | 0.16% |
1,704,500
-307,100
| -15% | -$66.6M |
|
112
CALL
SLB Ltd
SLB
$76.5B
| $388M | 0.15% |
4,542,800
+308,900
| +7% | +$28.4M |
|
113
CALL
McDonald's
MCD
$196B
| $386M | 0.15% |
4,114,500
+1,170,700
| +40% | +$110M |
|
|
114
PUT
McDonald's
MCD
$196B
| $384M | 0.15% |
4,101,000
-1,290,900
| -24% | -$121M |
|
115
CALL
Cheniere Energy
LNG
$55.7B
| $381M | 0.15% |
5,416,200
+1,904,700
| +54% | +$134M |
|
116
PUT
Merck
MRK
$317B
| $379M | 0.15% |
6,999,068
+2,151,963
| +44% | +$120M |
|
117
CALL
Caterpillar
CAT
$395B
| $377M | 0.15% |
4,123,800
+2,014,300
| +95% | +$196M |
|
118
Citigroup
C
$224B
| $376M | 0.15% |
6,941,326
-3,378,631
| -33% | -$179M |
|
|
119
PUT
Caterpillar
CAT
$395B
| $375M | 0.15% |
4,094,100
+156,400
| +4% | +$15.2M |
|
120
CALL
Pfizer
PFE
$149B
| $373M | 0.15% |
12,631,136
+2,649,124
| +27% | +$76M |
|
|
121
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $367M | 0.15% |
9,267,286
+7,015,268
| +312% | +$292M |
|
122
PUT
Amgen
AMGN
$219B
| $366M | 0.15% |
2,298,200
+470,000
| +26% | +$73.2M |
|
|
123
PUT
SLB Ltd
SLB
$76.5B
| $362M | 0.14% |
4,238,500
+1,199,700
| +39% | +$110M |
|
124
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.4B
| $362M | 0.14% |
16,668,554
+5,631,141
| +51% | +$118M |
|
125
PUT
iShares MSCI Brazil ETF
EWZ
$9.07B
| $361M | 0.14% |
9,859,600
-7,841,000
| -44% | -$319M |
|
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.