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 | |
|---|---|---|---|---|---|---|
1726
CALL
MannKind Corp
MNKD
$1.26B
| $10M | ﹤0.01% |
1,383,180
+126,580
| +10% | +$1.56M |
|
1727
CALL
Nokia
NOK
$51B
| $10M | ﹤0.01% |
1,427,600
-402,300
| -22% | -$2.87M |
|
1728
News Corp Class A
NWSA
$15.4B
| $10M | ﹤0.01% |
749,656
+320,158
| +75% | +$4.52M |
|
1729
PUT
BorgWarner
BWA
$14.1B
| $10M | ﹤0.01% |
262,984
+35,330
| +16% | +$1.33M |
|
1730
CF Industries
CF
$18.4B
| $10M | ﹤0.01% |
245,206
-1,848,556
| -88% | -$87.1M |
|
1731
iShares MBS ETF
MBB
$38.9B
| $10M | ﹤0.01% |
+92,906
| New | +$10.1M |
|
1732
PUT
Icahn Enterprises
IEP
$5.28B
| $9.99M | ﹤0.01% |
163,000
-2,100
| -1% | -$152K |
|
|
DO
1733
DELISTED
Diamond Offshore Drilling
DO
| $9.99M | ﹤0.01% |
473,330
+140,583
| +42% | +$2.96M |
|
|
DYN
1734
DELISTED
Dynegy, Inc.
DYN
| $9.98M | ﹤0.01% |
744,990
+53,268
| +8% | +$914K |
|
|
LXK
1735
CALL
DELISTED
Lexmark Intl Inc
LXK
| $9.98M | ﹤0.01% |
307,600
+137,800
| +81% | +$4.51M |
|
|
ANAC
1736
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $9.98M | ﹤0.01% |
88,343
+43,053
| +95% | +$4.74M |
|
1737
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$86.9M
| $9.95M | ﹤0.01% |
2,008
-2,512
| -56% | -$11.4M |
|
|
BEAV
1738
CALL
DELISTED
B/E Aerospace Inc
BEAV
| $9.94M | ﹤0.01% |
234,700
+3,300
| +1% | +$147K |
|
|
STI
1739
DELISTED
SunTrust Banks, Inc.
STI
| $9.94M | ﹤0.01% |
232,084
+169,717
| +272% | +$7.15M |
|
1740
CALL
Alnylam Pharmaceuticals
ALNY
$29B
| $9.92M | ﹤0.01% |
105,400
-22,700
| -18% | -$2.1M |
|
1741
PUT
Wabtec
WAB
$49.7B
| $9.92M | ﹤0.01% |
139,500
+115,100
| +472% | +$9.19M |
|
|
NUAN
1742
DELISTED
Nuance Communications, Inc.
NUAN
| $9.92M | ﹤0.01% |
576,093
+336,979
| +141% | +$5.47M |
|
1743
PUT
NRG Energy
NRG
$25B
| $9.92M | ﹤0.01% |
842,800
+392,100
| +87% | +$4.96M |
|
|
PPL
1744
PPL Corp
PPL
$26.3B
| $9.9M | ﹤0.01% |
290,169
+18,017
| +7% | +$608K |
|
|
BID
1745
PUT
DELISTED
Sotheby's
BID
| $9.89M | ﹤0.01% |
383,800
-288,200
| -43% | -$8.73M |
|
|
VAR
1746
PUT
DELISTED
Varian Medical Systems, Inc.
VAR
| $9.87M | ﹤0.01% |
139,355
-94,993
| -41% | -$6.56M |
|
1747
PUT
Royal Gold
RGLD
$19.8B
| $9.85M | ﹤0.01% |
270,200
-137,300
| -34% | -$5.73M |
|
|
BWP
1748
CALL
DELISTED
Boardwalk Pipeline Partners
BWP
| $9.84M | ﹤0.01% |
758,000
-653,800
| -46% | -$8.1M |
|
|
GNC
1749
CALL
DELISTED
GNC Holdings, Inc.
GNC
| $9.83M | ﹤0.01% |
317,000
+35,500
| +13% | +$1.2M |
|
1750
PUT
Everest Group
EG
$14.2B
| $9.83M | ﹤0.01% |
53,700
| – | – |
|
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.