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 | |
|---|---|---|---|---|---|---|
1576
PUT
Urban Outfitters
URBN
$6.59B
| $16M | 0.01% |
431,700
+174,600
| +68% | +$6.54M |
|
1577
PUT
Entergy
ETR
$50B
| $16M | 0.01% |
506,200
+5,200
| +1% | +$166K |
|
1578
PUT
Celldex Therapeutics
CLDX
$3.28B
| $16M | 0.01% |
44,033
+18,320
| +71% | +$7.06M |
|
|
SWN
1579
DELISTED
Southwestern Energy Company
SWN
| $16M | 0.01% |
406,476
+189,341
| +87% | +$7.11M |
|
1580
PUT
Martin Marietta Materials
MLM
$33B
| $16M | 0.01% |
159,800
+5,800
| +4% | +$570K |
|
|
BEAM
1581
DELISTED
BEAM INC COM STK (DE)
BEAM
| $16M | 0.01% |
234,614
+174,362
| +289% | +$11.8M |
|
|
TAL
1582
PUT
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $16M | 0.01% |
278,200
+76,500
| +38% | +$3.94M |
|
1583
CALL
MBIA
MBI
$260M
| $15.9M | 0.01% |
1,332,400
-253,700
| -16% | -$2.92M |
|
|
BZT
1584
DELISTED
BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT
BZT
| $15.9M | 0.01% |
425,000
| – | – |
|
1585
Aptiv
APTV
$10.3B
| $15.9M | 0.01% |
264,012
-93,273
| -26% | -$5.4M |
|
1586
PUT
Cameco
CCJ
$42.4B
| $15.9M | 0.01% |
764,100
-8,700
| -1% | -$169K |
|
|
ITMN
1587
PUT
DELISTED
INTERMUNE INC
ITMN
| $15.9M | 0.01% |
1,076,200
+603,400
| +128% | +$8.34M |
|
|
LNCO
1588
PUT
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $15.8M | 0.01% |
513,500
+322,600
| +169% | +$9.87M |
|
1589
PUT
Molson Coors Class B
TAP
$8.09B
| $15.8M | 0.01% |
281,600
-53,600
| -16% | -$2.87M |
|
1590
PUT
Helmerich & Payne
HP
$3.71B
| $15.8M | 0.01% |
187,600
+14,100
| +8% | +$1.1M |
|
|
DO
1591
DELISTED
Diamond Offshore Drilling
DO
| $15.8M | 0.01% |
276,748
+264,617
| +2,181% | +$15.9M |
|
|
TUP
1592
DELISTED
Tupperware Brands Corporation
TUP
| $15.7M | 0.01% |
166,529
+82,886
| +99% | +$7.52M |
|
1593
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $15.7M | 0.01% |
901,700
-658,500
| -42% | -$11M |
|
1594
CALL
Advanced Micro Devices
AMD
$789B
| $15.7M | 0.01% |
4,060,800
+1,394,000
| +52% | +$5M |
|
1595
PUT
Novartis
NVS
$297B
| $15.7M | 0.01% |
218,178
-22,878
| -9% | -$1.59M |
|
1596
CALL
Cemex
CX
$16.3B
| $15.7M | 0.01% |
1,549,758
-457,191
| -23% | -$4.29M |
|
|
ETFC
1597
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $15.7M | 0.01% |
797,800
+252,500
| +46% | +$4.49M |
|
|
VXX
1598
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $15.6M | 0.01% |
22,882
+21,044
| +1,145% | +$16.8M |
|
1599
PUT
Barclays
BCS
$94.1B
| $15.6M | 0.01% |
928,496
-413,998
| -31% | -$6.56M |
|
1600
PUT
Diageo
DEO
$53.6B
| $15.6M | 0.01% |
117,600
-68,300
| -37% | -$8.72M |
|
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.