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 | |
|---|---|---|---|---|---|---|
|
EMC
151
PUT
DELISTED
EMC CORPORATION
EMC
| $206M | 0.1% |
8,191,500
+1,513,400
| +23% | +$36.7M |
|
|
B
152
Barrick Mining
B
$68.8B
| $206M | 0.1% |
11,670,850
-860,599
| -7% | -$15.2M |
|
153
PUT
Las Vegas Sands
LVS
$29.7B
| $205M | 0.09% |
2,605,500
+579,400
| +29% | +$41.7M |
|
154
PUT
United States Oil Fund
USO
$1.86B
| $205M | 0.09% |
725,838
-33,650
| -4% | -$9.45M |
|
155
AT&T
T
$162B
| $205M | 0.09% |
7,718,046
-396,706
| -5% | -$10.4M |
|
156
CALL
Oracle
ORCL
$416B
| $204M | 0.09% |
5,342,300
+145,700
| +3% | +$5.01M |
|
|
CHK
157
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $204M | 0.09% |
39,748
-109
| -0.3% | -$554K |
|
158
CALL
Intuitive Surgical
ISRG
$132B
| $203M | 0.09% |
4,765,500
-372,600
| -7% | -$15.7M |
|
|
NBL
159
CALL
DELISTED
Noble Energy, Inc.
NBL
| $201M | 0.09% |
2,953,900
+391,000
| +15% | +$27.7M |
|
160
CALL
3D Systems Corp
DDD
$601M
| $200M | 0.09% |
2,154,800
+703,950
| +49% | +$49.4M |
|
161
PUT
Amgen
AMGN
$218B
| $200M | 0.09% |
1,751,600
+153,700
| +10% | +$17.5M |
|
162
Baidu
BIDU
$36.9B
| $200M | 0.09% |
1,123,965
+337,170
| +43% | +$54.5M |
|
163
CALL
United States Natural Gas Fund
UNG
$452M
| $200M | 0.09% |
603,269
+534,675
| +779% | +$164M |
|
164
Ford
F
$55.7B
| $199M | 0.09% |
12,907,689
+6,536,677
| +103% | +$110M |
|
165
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $199M | 0.09% |
4,628,700
+3,108,000
| +204% | +$131M |
|
166
Microsoft
MSFT
$3.68T
| $199M | 0.09% |
5,308,414
-1,684,724
| -24% | -$61.2M |
|
167
Procter & Gamble
PG
$341B
| $197M | 0.09% |
2,425,103
-1,269,293
| -34% | -$103M |
|
168
CALL
American Express
AXP
$233B
| $197M | 0.09% |
2,173,200
+1,073,000
| +98% | +$88.1M |
|
|
GMCR
169
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $196M | 0.09% |
2,597,600
-555,900
| -18% | -$37.8M |
|
170
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$206M
| $196M | 0.09% |
2,909,200
+2,181,200
| +300% | +$130M |
|
171
PUT
Verizon
VZ
$194B
| $196M | 0.09% |
3,985,100
+672,700
| +20% | +$33.1M |
|
172
PUT
VanEck Gold Miners ETF
GDX
$25.3B
| $195M | 0.09% |
9,244,200
-648,200
| -7% | -$15M |
|
173
CALL
Coca-Cola
KO
$373B
| $194M | 0.09% |
4,694,900
-1,633,400
| -26% | -$64.4M |
|
174
PUT
Berkshire Hathaway Class B
BRK.B
$1.12T
| $194M | 0.09% |
1,632,500
-171,200
| -9% | -$19.8M |
|
|
TWC
175
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $193M | 0.09% |
1,427,700
+485,000
| +51% | +$60.2M |
|
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.