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 | |
|---|---|---|---|---|---|---|
1576
CALL
Martin Marietta Materials
MLM
$33B
| $11.9M | 0.01% |
87,200
-28,900
| -25% | -$4.38M |
|
|
ARG
1577
PUT
DELISTED
Airgas Inc
ARG
| $11.9M | 0.01% |
86,100
-547,800
| -86% | -$63.1M |
|
1578
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $11.9M | 0.01% |
345,800
-588,900
| -63% | -$21M |
|
1579
Qorvo
QRVO
$8.56B
| $11.9M | 0.01% |
233,452
-160,431
| -41% | -$8.21M |
|
1580
PUT
Canadian Natural Resources
CNQ
$97.4B
| $11.9M | 0.01% |
1,123,634
+83,155
| +8% | +$929K |
|
1581
PUT
Diageo
DEO
$54B
| $11.8M | 0.01% |
108,500
-297,600
| -73% | -$33.6M |
|
1582
CALL
Sanofi
SNY
$104B
| $11.8M | 0.01% |
277,200
+84,500
| +44% | +$3.89M |
|
|
STJ
1583
PUT
DELISTED
St Jude Medical
STJ
| $11.8M | 0.01% |
190,800
+6,200
| +3% | +$391K |
|
|
RDUS
1584
PUT
DELISTED
Radius Health, Inc.
RDUS
| $11.8M | 0.01% |
191,500
+104,900
| +121% | +$6.62M |
|
1585
PUT
Conagra Brands
CAG
$7.07B
| $11.8M | 0.01% |
359,029
-460,544
| -56% | -$14.7M |
|
1586
PUT
Franco-Nevada
FNV
$46.5B
| $11.8M | 0.01% |
257,400
-182,400
| -41% | -$8.84M |
|
1587
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$541M
| $11.8M | 0.01% |
18,960
+14,620
| +337% | +$11.1M |
|
1588
PUT
PTC Therapeutics
PTCT
$6.23B
| $11.8M | 0.01% |
362,700
-44,000
| -11% | -$1.3M |
|
|
CAA
1589
PUT
DELISTED
CalAtlantic Group, Inc.
CAA
| $11.7M | 0.01% |
+309,700
| New | +$12.4M |
|
1590
ProShares UltraPro QQQ
TQQQ
$37B
| $11.7M | 0.01% |
4,931,232
+1,275,888
| +35% | +$3.03M |
|
|
ACHN
1591
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $11.7M | 0.01% |
1,087,300
-279,100
| -20% | -$2.54M |
|
|
LOGM
1592
CALL
DELISTED
LogMein, Inc.
LOGM
| $11.7M | 0.01% |
174,700
-144,600
| -45% | -$10.1M |
|
1593
CALL
American Eagle Outfitters
AEO
$3.07B
| $11.7M | 0.01% |
755,900
-301,400
| -29% | -$4.72M |
|
1594
CALL
iShares Core S&P 500 ETF
IVV
$904B
| $11.7M | 0.01% |
56,600
-84,200
| -60% | -$17.4M |
|
1595
CALL
Arista Networks
ANET
$242B
| $11.7M | 0.01% |
2,401,600
-200,000
| -8% | -$868K |
|
1596
PUT
MannKind Corp
MNKD
$1.26B
| $11.7M | 0.01% |
1,611,520
+705,560
| +78% | +$8.68M |
|
1597
PUT
Novartis
NVS
$298B
| $11.7M | 0.01% |
151,218
+102,337
| +209% | +$8.13M |
|
|
CTRA
1598
PUT
DELISTED
Coterra Energy
CTRA
| $11.6M | 0.01% |
658,500
-120,400
| -15% | -$2.42M |
|
1599
CALL
Caesarstone
CSTE
$88.2M
| $11.6M | 0.01% |
268,600
-81,700
| -23% | -$3.11M |
|
|
CRR
1600
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $11.6M | 0.01% |
676,400
-42,700
| -6% | -$795K |
|
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.