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 | |
|---|---|---|---|---|---|---|
|
LNKD
151
PUT
DELISTED
LinkedIn Corporation
LNKD
| $247M | 0.11% |
1,098,400
-405,000
| -27% | -$91.9M |
|
152
CALL
Amgen
AMGN
$219B
| $246M | 0.11% |
1,517,800
-168,600
| -10% | -$26.5M |
|
153
CALL
Kinder Morgan
KMI
$69.7B
| $246M | 0.11% |
16,473,900
+1,396,200
| +9% | +$33.3M |
|
154
CALL
Boeing
BA
$184B
| $245M | 0.11% |
1,696,800
-506,800
| -23% | -$73M |
|
155
PUT
Under Armour
UAA
$2.73B
| $243M | 0.11% |
6,027,200
+1,672,400
| +38% | +$76.3M |
|
156
PUT
Verizon
VZ
$195B
| $243M | 0.11% |
5,214,600
-1,560,300
| -23% | -$70.8M |
|
157
Alibaba
BABA
$304B
| $243M | 0.11% |
2,986,074
-1,476,973
| -33% | -$116M |
|
158
PUT
Qualcomm
QCOM
$168B
| $240M | 0.11% |
4,804,300
-660,300
| -12% | -$35.2M |
|
159
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $238M | 0.11% |
936,500
+423,800
| +83% | +$110M |
|
160
PUT
AbbVie
ABBV
$431B
| $233M | 0.11% |
3,940,200
-1,407,900
| -26% | -$81.1M |
|
|
161
CALL
DuPont de Nemours
DD
$19.5B
| $232M | 0.11% |
1,781,151
-534,945
| -23% | -$68.7M |
|
162
PUT
Intuitive Surgical
ISRG
$132B
| $229M | 0.11% |
3,766,500
+80,100
| +2% | +$4.5M |
|
|
GMCR
163
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $228M | 0.11% |
2,534,500
+239,500
| +10% | +$14.9M |
|
|
164
Gilead Sciences
GILD
$162B
| $227M | 0.1% |
2,241,397
-3,012,098
| -57% | -$313M |
|
165
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $225M | 0.1% |
5,759,600
+3,014,400
| +110% | +$120M |
|
|
166
PUT
DuPont de Nemours
DD
$19.5B
| $224M | 0.1% |
1,721,919
-3,675,711
| -68% | -$472M |
|
167
CALL
Palo Alto Networks
PANW
$293B
| $224M | 0.1% |
7,633,800
+3,537,000
| +86% | +$102M |
|
168
Goldman Sachs
GS
$301B
| $222M | 0.1% |
1,233,891
+571,947
| +86% | +$106M |
|
|
GMCR
169
PUT
DELISTED
KEURIG GREEN MTN INC
GMCR
| $221M | 0.1% |
2,452,500
+403,500
| +20% | +$25.1M |
|
170
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$228M
| $219M | 0.1% |
6
+1
| +20% | +$38.6M |
|
171
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$726M
| $217M | 0.1% |
40,685
-25,398
| -38% | -$103M |
|
|
DD
172
CALL
DELISTED
Du Pont De Nemours E I
DD
| $216M | 0.1% |
3,247,700
+1,598,300
| +97% | +$101M |
|
|
CMA
173
CALL
DELISTED
Comerica
CMA
| $215M | 0.1% |
5,147,500
+1,286,800
| +33% | +$56.2M |
|
174
PUT
Micron Technology
MU
$996B
| $215M | 0.1% |
15,179,200
-13,050,000
| -46% | -$209M |
|
|
LNKD
175
CALL
DELISTED
LinkedIn Corporation
LNKD
| $214M | 0.1% |
951,400
+77,500
| +9% | +$17.6M |
|
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.