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 | |
|---|---|---|---|---|---|---|
126
CALL
iShares Biotechnology ETF
IBB
$9.77B
| $298M | 0.14% |
2,643,900
-702,000
| -21% | -$76.2M |
|
127
PUT
Broadcom
AVGO
$2.04T
| $295M | 0.14% |
20,347,000
+6,708,000
| +49% | +$87.2M |
|
128
CALL
IBM
IBM
$224B
| $295M | 0.14% |
2,238,649
+15,899
| +0.7% | +$2.14M |
|
129
CALL
Comcast
CMCSA
$90B
| $293M | 0.14% |
10,370,000
+4,085,000
| +65% | +$123M |
|
130
PUT
Ford
F
$55.7B
| $290M | 0.13% |
20,567,700
-3,784,500
| -16% | -$54.8M |
|
131
CALL
Mastercard
MA
$493B
| $285M | 0.13% |
2,925,100
+440,500
| +18% | +$43.1M |
|
132
CALL
Mondelez International
MDLZ
$79.9B
| $283M | 0.13% |
6,310,000
+3,233,300
| +105% | +$145M |
|
|
133
CALL
Broadcom
AVGO
$2.04T
| $283M | 0.13% |
19,464,000
+7,146,000
| +58% | +$92.9M |
|
134
PUT
Procter & Gamble
PG
$339B
| $282M | 0.13% |
3,556,700
-2,129,800
| -37% | -$163M |
|
135
PUT
McDonald's
MCD
$195B
| $277M | 0.13% |
2,348,400
-607,300
| -21% | -$67.9M |
|
136
PUT
SPDR Gold Trust
GLD
$141B
| $276M | 0.13% |
2,715,930
-72,680
| -3% | -$7.68M |
|
|
MON
137
PUT
DELISTED
Monsanto Co
MON
| $274M | 0.13% |
2,780,900
+1,079,200
| +63% | +$101M |
|
138
PUT
AB InBev
BUD
$165B
| $270M | 0.12% |
2,160,200
+474,300
| +28% | +$57.4M |
|
139
CALL
United States Oil Fund
USO
$1.84B
| $269M | 0.12% |
3,052,363
+1,032,413
| +51% | +$110M |
|
140
PUT
American Express
AXP
$230B
| $266M | 0.12% |
3,831,300
-1,269,000
| -25% | -$92.3M |
|
141
PUT
Berkshire Hathaway Class B
BRK.B
$1.13T
| $265M | 0.12% |
2,004,600
-73,700
| -4% | -$9.89M |
|
|
QIHU
142
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $263M | 0.12% |
3,605,700
+989,700
| +38% | +$62.4M |
|
143
Booking.com
BKNG
$161B
| $259M | 0.12% |
5,075,825
+1,341,050
| +36% | +$70.8M |
|
|
144
Bausch Health
BHC
$2.34B
| $259M | 0.12% |
2,546,101
+2,491,167
| +4,535% | +$280M |
|
145
CALL
Walmart Inc
WMT
$890B
| $256M | 0.12% |
12,550,800
+3,723,000
| +42% | +$74.7M |
|
|
YHOO
146
CALL
DELISTED
Yahoo Inc
YHOO
| $256M | 0.12% |
7,709,400
-2,847,400
| -27% | -$95M |
|
147
CALL
Salesforce
CRM
$158B
| $253M | 0.12% |
3,221,000
+652,800
| +25% | +$51M |
|
|
148
PUT
Mastercard
MA
$493B
| $252M | 0.12% |
2,592,400
-345,800
| -12% | -$33.9M |
|
149
CALL
Coca-Cola
KO
$375B
| $250M | 0.12% |
5,818,000
-3,631,500
| -38% | -$154M |
|
150
PUT
Visa
V
$677B
| $248M | 0.11% |
3,191,600
+29,500
| +0.9% | +$2.29M |
|
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.