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 | Miscellaneous | 85.89% |
| 2 | Technology | 3.62% |
| 3 | Financials | 1.79% |
| 4 | Consumer Discretionary | 1.58% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
EMC
151
PUT
DELISTED
EMC CORPORATION
EMC
| $206M | 0.1% |
8,191,500
+1,513,400
| +23% | +$36.7M |
2013 Q2
2 quarters
|
|
|
B
152
Barrick Mining
B
$66.2B
| $206M | 0.1% |
11,670,850
-860,599
| -7% | -$15.2M |
2013 Q2
2 quarters
|
|
153
PUT
Las Vegas Sands
LVS
$23.5B
| $205M | 0.09% |
2,605,500
+579,400
| +29% | +$41.7M |
2013 Q2
2 quarters
|
|
154
PUT
United States Oil Fund
USO
$1.98B
| $205M | 0.09% |
725,838
-33,650
| -4% | -$9.45M |
2013 Q2
2 quarters
|
|
155
AT&T
T
$167B
| $205M | 0.09% |
7,718,046
-396,706
| -5% | -$10.4M |
2013 Q2
2 quarters
|
|
156
CALL
Oracle
ORCL
$431B
| $204M | 0.09% |
5,342,300
+145,700
| +3% | +$5.01M |
2013 Q2
2 quarters
|
|
|
CHK
157
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $204M | 0.09% |
39,748
-109
| -0.3% | -$554K |
2013 Q2
2 quarters
|
|
158
CALL
Intuitive Surgical
ISRG
$138B
| $203M | 0.09% |
4,765,500
-372,600
| -7% | -$15.7M |
2013 Q2
2 quarters
|
|
|
NBL
159
CALL
DELISTED
Noble Energy, Inc.
NBL
| $201M | 0.09% |
2,953,900
+391,000
| +15% | +$27.7M |
2013 Q2
2 quarters
|
|
160
CALL
3D Systems Corp
DDD
$628M
| $200M | 0.09% |
2,154,800
+703,950
| +49% | +$49.4M |
2013 Q2
2 quarters
|
|
161
PUT
Amgen
AMGN
$218B
| $200M | 0.09% |
1,751,600
+153,700
| +10% | +$17.5M |
2013 Q2
2 quarters
|
|
162
Baidu
BIDU
$28.7B
| $200M | 0.09% |
1,123,965
+337,170
| +43% | +$54.5M |
2013 Q2
2 quarters
|
|
163
CALL
United States Natural Gas Fund
UNG
$530M
| $200M | 0.09% |
603,269
+534,675
| +779% | +$164M |
2013 Q2
2 quarters
|
|
164
Ford
F
$48.2B
| $199M | 0.09% |
12,907,689
+6,536,677
| +103% | +$110M |
2013 Q2
2 quarters
|
|
165
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$13.7B
| $199M | 0.09% |
4,628,700
+3,108,000
| +204% | +$131M |
2013 Q2
2 quarters
|
|
166
Microsoft
MSFT
$3.84T
| $199M | 0.09% |
5,308,414
-1,684,724
| -24% | -$61.2M |
2013 Q2
2 quarters
|
|
167
Procter & Gamble
PG
$337B
| $197M | 0.09% |
2,425,103
-1,269,293
| -34% | -$103M |
2013 Q2
2 quarters
|
|
168
CALL
American Express
AXP
$204B
| $197M | 0.09% |
2,173,200
+1,073,000
| +98% | +$88.1M |
2013 Q2
2 quarters
|
|
|
GMCR
169
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $196M | 0.09% |
2,597,600
-555,900
| -18% | -$37.8M |
2013 Q2
2 quarters
|
|
170
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$261M
| $196M | 0.09% |
2,909,200
+2,181,200
| +300% | +$130M |
2013 Q2
2 quarters
|
|
171
PUT
Verizon
VZ
$191B
| $196M | 0.09% |
3,985,100
+672,700
| +20% | +$33.1M |
2013 Q2
2 quarters
|
|
172
PUT
VanEck Gold Miners ETF
GDX
$26.1B
| $195M | 0.09% |
9,244,200
-648,200
| -7% | -$15M |
2013 Q2
2 quarters
|
|
173
CALL
Coca-Cola
KO
$369B
| $194M | 0.09% |
4,694,900
-1,633,400
| -26% | -$64.4M |
2013 Q2
2 quarters
|
|
174
PUT
Berkshire Hathaway Class B
BRK.B
$1.08T
| $194M | 0.09% |
1,632,500
-171,200
| -9% | -$19.8M |
2013 Q2
2 quarters
|
|
|
TWC
175
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $193M | 0.09% |
1,427,700
+485,000
| +51% | +$60.2M |
2013 Q2
2 quarters
|
|
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's Q4 2013 filing shows 1,544 new, 3,872 increased, 3,399 reduced and 949 closed positions. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M. The largest sale was Apple, an estimated $889M.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 86% a quarter earlier, followed by Technology and Financials.
- 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.