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 | |
|---|---|---|---|---|---|---|
1801
Radian Group
RDN
$4.93B
| $12.2M | 0.01% |
866,730
-85,276
| -9% | -$1.19M |
|
|
BCR
1802
PUT
DELISTED
CR Bard Inc.
BCR
| $12.2M | 0.01% |
91,200
+54,000
| +145% | +$7.12M |
|
1803
CALL
Amphenol
APH
$209B
| $12.2M | 0.01% |
1,095,200
+744,800
| +213% | +$7.7M |
|
1804
ICICI Bank
IBN
$108B
| $12.2M | 0.01% |
1,806,294
+844,184
| +88% | +$5.39M |
|
1805
GSK
GSK
$106B
| $12.2M | 0.01% |
182,882
+139,588
| +322% | +$9.05M |
|
|
BKS
1806
CALL
DELISTED
Barnes & Noble
BKS
| $12.2M | 0.01% |
1,244,911
-90,186
| -7% | -$869K |
|
1807
Invesco Mortgage Capital
IVR
$805M
| $12.2M | 0.01% |
83,018
+58,031
| +232% | +$8.81M |
|
|
FRX
1808
DELISTED
FOREST LABORATORIES INC
FRX
| $12.2M | 0.01% |
202,916
+148,053
| +270% | +$7.45M |
|
1809
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$98M
| $12.2M | 0.01% |
136,200
-254,800
| -65% | -$23.7M |
|
1810
PUT
PACCAR
PCAR
$70.1B
| $12.2M | 0.01% |
308,700
+150,900
| +96% | +$5.71M |
|
1811
CACI
CACI
$14.2B
| $12.2M | 0.01% |
166,270
+8,283
| +5% | +$587K |
|
1812
Vulcan Materials
VMC
$36.9B
| $12.2M | 0.01% |
204,856
+9,789
| +5% | +$540K |
|
1813
CALL
Apollo Global Management
APO
$73.4B
| $12.2M | 0.01% |
385,000
+277,700
| +259% | +$8.61M |
|
|
BYI
1814
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $12.1M | 0.01% |
154,541
+145,479
| +1,605% | +$10.6M |
|
1815
Commercial Metals
CMC
$8.31B
| $12.1M | 0.01% |
595,437
+49,664
| +9% | +$923K |
|
1816
PUT
J.M. Smucker
SJM
$12.8B
| $12.1M | 0.01% |
116,800
+71,800
| +160% | +$7.61M |
|
|
ZNGA
1817
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $12.1M | 0.01% |
3,181,800
-1,174,700
| -27% | -$4.55M |
|
1818
Lockheed Martin
LMT
$136B
| $12M | 0.01% |
81,022
+8,778
| +12% | +$1.19M |
|
1819
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $12M | 0.01% |
521,112
-236,942
| -31% | -$5.21M |
|
|
TLM
1820
DELISTED
TALISMAN ENERGY INC
TLM
| $12M | 0.01% |
1,033,388
+232,120
| +29% | +$2.79M |
|
1821
iShares Core S&P 500 ETF
IVV
$904B
| $12M | 0.01% |
64,704
-31,590
| -33% | -$5.62M |
|
1822
Eldorado Gold
EGO
$9.89B
| $12M | 0.01% |
422,075
+131,688
| +45% | +$4.04M |
|
|
SFUN
1823
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $12M | 0.01% |
14,566
+10,322
| +243% | +$6.48M |
|
1824
Myriad Genetics
MYGN
$312M
| $12M | 0.01% |
571,997
+146,413
| +34% | +$3.7M |
|
1825
PUT
Digital Realty Trust
DLR
$71.7B
| $12M | 0.01% |
244,200
-35,000
| -13% | -$1.74M |
|
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.