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 | |
|---|---|---|---|---|---|---|
1251
PUT
Aflac
AFL
$62.6B
| $22M | 0.01% |
658,600
-189,600
| -22% | -$6.22M |
|
1252
CALL
Oshkosh
OSK
$9.59B
| $22M | 0.01% |
436,300
+342,800
| +367% | +$17.1M |
|
|
INVN
1253
CALL
DELISTED
Invensense Inc
INVN
| $21.9M | 0.01% |
1,055,000
+294,900
| +39% | +$5.28M |
|
|
S
1254
DELISTED
Sprint Corporation
S
| $21.9M | 0.01% |
2,035,855
+764,773
| +60% | +$5.76M |
|
1255
CALL
Nucor
NUE
$62.1B
| $21.9M | 0.01% |
409,600
-292,200
| -42% | -$15.1M |
|
1256
CALL
Motorola Solutions
MSI
$77.4B
| $21.9M | 0.01% |
323,800
-101,200
| -24% | -$6.45M |
|
1257
CALL
Bread Financial
BFH
$4.38B
| $21.9M | 0.01% |
104,124
+57,512
| +123% | +$11M |
|
1258
CALL
Terex
TEX
$7.74B
| $21.8M | 0.01% |
519,800
-215,500
| -29% | -$7.81M |
|
1259
PUT
MGIC Investment
MTG
$6.25B
| $21.8M | 0.01% |
2,580,200
+1,112,500
| +76% | +$8.88M |
|
1260
Darden Restaurants
DRI
$24.4B
| $21.7M | 0.01% |
445,680
+309,683
| +228% | +$14.3M |
|
|
AVP
1261
PUT
DELISTED
Avon Products, Inc.
AVP
| $21.7M | 0.01% |
1,257,500
+699,300
| +125% | +$13.1M |
|
1262
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $21.6M | 0.01% |
512,400
+205,100
| +67% | +$8.27M |
|
1263
CALL
Wheaton Precious Metals
WPM
$60.9B
| $21.6M | 0.01% |
1,070,900
-735,600
| -41% | -$16M |
|
1264
Phillips 66
PSX
$81.4B
| $21.6M | 0.01% |
279,859
-671,977
| -71% | -$44.8M |
|
1265
PUT
Steel Dynamics
STLD
$37.6B
| $21.6M | 0.01% |
1,103,800
+10,000
| +0.9% | +$183K |
|
|
BID
1266
CALL
DELISTED
Sotheby's
BID
| $21.5M | 0.01% |
404,700
+63,500
| +19% | +$3.27M |
|
1267
CALL
Cencora
COR
$61.2B
| $21.5M | 0.01% |
306,200
+73,700
| +32% | +$4.95M |
|
|
SPLK
1268
CALL
DELISTED
Splunk Inc
SPLK
| $21.5M | 0.01% |
313,300
-50,700
| -14% | -$3.29M |
|
1269
Archer Daniels Midland
ADM
$36.9B
| $21.5M | 0.01% |
495,707
+25,110
| +5% | +$1.02M |
|
|
STI
1270
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $21.5M | 0.01% |
582,900
-794,900
| -58% | -$27.7M |
|
1271
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| $21.5M | 0.01% |
872,053
+730,125
| +514% | +$18.3M |
|
|
AGN
1272
DELISTED
Allergan plc
AGN
| $21.4M | 0.01% |
127,660
-162,183
| -56% | -$25.4M |
|
1273
Assured Guaranty
AGO
$3.34B
| $21.3M | 0.01% |
904,747
+212,313
| +31% | +$4.62M |
|
|
CTXS
1274
PUT
DELISTED
Citrix Systems Inc
CTXS
| $21.3M | 0.01% |
423,330
-44,958
| -10% | -$2.14M |
|
1275
CALL
Opko Health
OPK
$1.02B
| $21.3M | 0.01% |
2,520,700
+1,637,500
| +185% | +$16.6M |
|
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.