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 |
Alphabet (Google) Class C
GOOG
|
+$726M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$599M |
| 3 |
Apple
AAPL
|
+$578M |
| 4 |
Meta Platforms (Facebook)
META
|
+$328M |
| 5 |
American Airlines Group
AAL
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 2 |
Gilead Sciences
GILD
|
+$392M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$285M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$225M |
| 5 |
Intel
INTC
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Consumer Discretionary | 2.14% |
| 3 | Financials | 1.65% |
| 4 | Communication Services | 1.58% |
| 5 | Healthcare | 1.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
HCA Healthcare
HCA
$88.7B
| $253M | 0.11% |
2,786,700
+2,231,200
| +402% | +$179M |
|
152
CALL
Chevron
CVX
$371B
| $252M | 0.11% |
2,613,900
-97,900
| -4% | -$10.3M |
|
153
CALL
Verizon
VZ
$193B
| $251M | 0.11% |
5,363,300
-1,382,100
| -20% | -$67.7M |
|
154
PUT
Las Vegas Sands
LVS
$29.7B
| $248M | 0.11% |
4,708,700
+206,400
| +5% | +$11M |
|
155
PUT
Cisco
CSCO
$479B
| $246M | 0.1% |
8,973,600
+1,617,100
| +22% | +$46.4M |
|
156
PUT
Coca-Cola
KO
$374B
| $246M | 0.1% |
6,279,800
-1,255,600
| -17% | -$51.1M |
|
157
General Motors
GM
$78.2B
| $246M | 0.1% |
7,377,365
+4,242,641
| +135% | +$151M |
|
158
CALL
United Parcel Service
UPS
$91.5B
| $244M | 0.1% |
2,522,900
-748,000
| -23% | -$74.3M |
|
159
PUT
Ambarella
AMBA
$3.59B
| $242M | 0.1% |
2,360,800
+872,800
| +59% | +$76.3M |
|
160
American Express
AXP
$236B
| $241M | 0.1% |
3,099,190
+1,144,545
| +59% | +$90.8M |
|
161
CALL
Boeing
BA
$190B
| $241M | 0.1% |
1,736,300
-447,400
| -20% | -$65.2M |
|
162
PUT
Teva Pharmaceuticals
TEVA
$40.5B
| $239M | 0.1% |
4,046,900
+364,100
| +10% | +$22.5M |
|
163
CALL
Mastercard
MA
$500B
| $238M | 0.1% |
2,548,500
+166,100
| +7% | +$15.2M |
|
164
CALL
Delta Air Lines
DAL
$61.3B
| $238M | 0.1% |
5,789,900
+2,726,300
| +89% | +$119M |
|
|
VXX
165
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $238M | 0.1% |
739,338
-67,062
| -8% | -$21.8M |
|
|
166
PUT
HCA Healthcare
HCA
$88.7B
| $237M | 0.1% |
2,617,200
+1,333,200
| +104% | +$107M |
|
167
PUT
Intuitive Surgical
ISRG
$133B
| $237M | 0.1% |
4,401,900
+88,200
| +2% | +$4.93M |
|
|
168
CALL
Coca-Cola
KO
$374B
| $233M | 0.1% |
5,929,100
+1,890,200
| +47% | +$76.9M |
|
|
CBI
169
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $231M | 0.1% |
4,606,500
+1,489,000
| +48% | +$77.4M |
|
170
PUT
Costco
COST
$418B
| $230M | 0.1% |
1,700,000
+605,000
| +55% | +$87M |
|
171
PUT
iShares US Real Estate ETF
IYR
$4.67B
| $229M | 0.1% |
3,213,600
+392,500
| +14% | +$29.8M |
|
172
PUT
Comcast
CMCSA
$87.8B
| $229M | 0.1% |
7,612,800
-1,721,800
| -18% | -$50.5M |
|
|
173
Boeing
BA
$190B
| $229M | 0.1% |
1,647,735
+256,304
| +18% | +$37.4M |
|
174
CALL
Amgen
AMGN
$220B
| $226M | 0.1% |
1,471,900
-58,200
| -4% | -$9.32M |
|
|
TWTR
175
DELISTED
Twitter, Inc.
TWTR
| $225M | 0.1% |
6,223,424
+4,601,596
| +284% | +$188M |
|
Similar funds
Susquehanna International Group's Q2 2015 Portfolio in Review
As of Q2 2015, Susquehanna International Group held 10,941 positions worth $235B, up 6.8% from $220B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $12.9B of net new capital in Q2 2015, opening 1,599 new positions and adding to 4,693 existing holdings. Its largest new stake was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.17B trimmed.
- Susquehanna International Group's largest Q2 2015 buy was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
- Susquehanna International Group added most to Alphabet (Google) Class C in Q2 2015, an estimated $726M increase.
- Susquehanna International Group's biggest Q2 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.17B.
- Susquehanna International Group fully exited ACTAVIS PLC Pfd Conv Ser A (Irl) in Q2 2015, selling an estimated $41.7M.
- Susquehanna International Group's ten largest holdings make up 24% of its $235B portfolio in Q2 2015.
- Susquehanna International Group opened 1,599 new positions and closed 888 in Q2 2015.
- Susquehanna International Group's portfolio value rose 6.8% quarter-over-quarter to $235B.
Based on Susquehanna International Group's 13F filing for Q2 2015, filed 14 Aug 2015.