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 | |
|---|---|---|---|---|---|---|
1251
Citizens Financial Group
CFG
$30.6B
| $16.9M | 0.01% |
643,963
+211,429
| +49% | +$5.32M |
|
|
FL
1252
CALL
DELISTED
Foot Locker
FL
| $16.8M | 0.01% |
258,600
+67,100
| +35% | +$4.46M |
|
1253
CALL
Novartis
NVS
$297B
| $16.8M | 0.01% |
218,290
-95,306
| -30% | -$7.57M |
|
|
SCHW
1254
PUT
Charles Schwab
SCHW
$190B
| $16.8M | 0.01% |
511,000
-118,000
| -19% | -$3.73M |
|
1255
CALL
Signet Jewelers
SIG
$3.73B
| $16.8M | 0.01% |
135,900
+90,800
| +201% | +$12.3M |
|
1256
PUT
Canadian Pacific Kansas City
CP
$80.2B
| $16.8M | 0.01% |
658,500
+152,500
| +30% | +$4.28M |
|
1257
PUT
Franklin Resources
BEN
$17.1B
| $16.8M | 0.01% |
456,300
-1,162,900
| -72% | -$45.5M |
|
1258
CALL
Liberty Global Class C
LBTYK
$3.4B
| $16.8M | 0.01% |
474,509
+370,023
| +354% | +$13.3M |
|
|
DFS
1259
PUT
DELISTED
Discover Financial Services
DFS
| $16.8M | 0.01% |
313,000
+55,800
| +22% | +$3.1M |
|
1260
CALL
Carnival Corporation Ltd
CCL
$38.8B
| $16.8M | 0.01% |
308,000
-61,500
| -17% | -$3.18M |
|
1261
Invesco CurrencyShares Swiss Franc Trust
FXF
$398M
| $16.8M | 0.01% |
174,033
+85,525
| +97% | +$8.35M |
|
|
WWAV
1262
CALL
DELISTED
The WhiteWave Foods Company
WWAV
| $16.8M | 0.01% |
430,500
+122,200
| +40% | +$4.94M |
|
|
ONIT
1263
Onity Group
ONIT
$332M
| $16.7M | 0.01% |
160,109
-6,024
| -4% | -$631K |
|
1264
PUT
iShares MSCI Turkey ETF
TUR
$217M
| $16.7M | 0.01% |
460,100
+406,900
| +765% | +$16.1M |
|
1265
PUT
Avis
CAR
$4.96B
| $16.7M | 0.01% |
459,600
+32,600
| +8% | +$1.37M |
|
1266
CALL
Synaptics
SYNA
$4.15B
| $16.6M | 0.01% |
206,800
-268,300
| -56% | -$22.8M |
|
1267
PUT
Consolidated Edison
ED
$39.4B
| $16.6M | 0.01% |
258,300
-129,900
| -33% | -$8.35M |
|
1268
Royal Caribbean
RCL
$82.9B
| $16.6M | 0.01% |
164,000
+138,485
| +543% | +$13.2M |
|
1269
Goodyear
GT
$1.76B
| $16.6M | 0.01% |
507,641
+41,822
| +9% | +$1.37M |
|
1270
CALL
Hewlett Packard
HPE
$73B
| $16.6M | 0.01% |
+1,876,612
| New | +$15.7M |
|
1271
CALL
Alkermes
ALKS
$8.22B
| $16.6M | 0.01% |
208,700
+149,500
| +253% | +$10.5M |
|
1272
Waste Management
WM
$90.7B
| $16.6M | 0.01% |
310,165
+235,490
| +315% | +$12.5M |
|
1273
CALL
ProShares Ultra QQQ
QLD
$14B
| $16.5M | 0.01% |
3,377,600
-460,800
| -12% | -$2.25M |
|
1274
CALL
United Therapeutics
UTHR
$22.8B
| $16.5M | 0.01% |
105,600
+8,800
| +9% | +$1.28M |
|
1275
PUT
Thermo Fisher Scientific
TMO
$220B
| $16.5M | 0.01% |
116,400
-39,300
| -25% | -$5.24M |
|
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.