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 | |
|---|---|---|---|---|---|---|
1801
Invesco CurrencyShares Australian Dollar Trust
FXA
$97.8M
| $9.3M | ﹤0.01% |
127,425
+102,839
| +418% | +$7.41M |
|
1802
Incyte
INCY
$24.6B
| $9.3M | ﹤0.01% |
85,728
-59,104
| -41% | -$6.59M |
|
|
INFN
1803
DELISTED
Infinera Corporation Common Stock
INFN
| $9.29M | ﹤0.01% |
512,569
+243,429
| +90% | +$4.85M |
|
|
AKS
1804
PUT
DELISTED
AK Steel Holding Corp
AKS
| $9.29M | ﹤0.01% |
4,146,300
+1,071,500
| +35% | +$2.69M |
|
|
LOCK
1805
PUT
DELISTED
LifeLock, Inc.
LOCK
| $9.29M | ﹤0.01% |
647,100
+245,500
| +61% | +$3.15M |
|
1806
CALL
Dillards
DDS
$9.9B
| $9.29M | ﹤0.01% |
141,300
+25,700
| +22% | +$2.07M |
|
1807
Ralph Lauren
RL
$24.2B
| $9.28M | ﹤0.01% |
83,267
-110,921
| -57% | -$13.1M |
|
1808
PUT
Stellantis
STLA
$21B
| $9.27M | ﹤0.01% |
1,016,083
-802,898
| -44% | -$7.54M |
|
1809
Automatic Data Processing
ADP
$109B
| $9.26M | ﹤0.01% |
109,329
+65,794
| +151% | +$5.67M |
|
1810
PUT
Teck Resources
TECK
$32.8B
| $9.26M | ﹤0.01% |
2,397,600
-604,100
| -20% | -$2.99M |
|
1811
eBay
EBAY
$47.9B
| $9.25M | ﹤0.01% |
336,526
-696,270
| -67% | -$19.2M |
|
1812
Eversource Energy
ES
$26.8B
| $9.24M | ﹤0.01% |
181,024
+30,518
| +20% | +$1.55M |
|
|
DISCK
1813
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $9.24M | ﹤0.01% |
366,400
-185,197
| -34% | -$5.06M |
|
|
CPGX
1814
DELISTED
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
| $9.24M | ﹤0.01% |
461,964
+23,127
| +5% | +$458K |
|
|
CVRR
1815
PUT
DELISTED
CVR Refining, LP
CVRR
| $9.23M | ﹤0.01% |
487,600
-62,300
| -11% | -$1.28M |
|
|
SLCA
1816
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.22M | ﹤0.01% |
492,400
-253,400
| -34% | -$4.74M |
|
|
1817
PUT
Dillards
DDS
$9.9B
| $9.21M | ﹤0.01% |
140,100
-25,400
| -15% | -$2.05M |
|
1818
CALL
Credit Acceptance
CACC
$6.03B
| $9.2M | ﹤0.01% |
43,000
+10,000
| +30% | +$2.04M |
|
1819
CALL
Veeva Systems
VEEV
$38.1B
| $9.19M | ﹤0.01% |
318,500
-944,400
| -75% | -$25.2M |
|
1820
PUT
Estee Lauder
EL
$31.5B
| $9.19M | ﹤0.01% |
104,300
-500
| -0.5% | -$42.6K |
|
1821
SFL Corp
SFL
$1.58B
| $9.17M | ﹤0.01% |
553,645
+212,344
| +62% | +$3.56M |
|
1822
NiSource
NI
$20B
| $9.16M | ﹤0.01% |
469,498
+82,205
| +21% | +$1.58M |
|
1823
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.58B
| $9.15M | ﹤0.01% |
92,491
+47,766
| +107% | +$4.79M |
|
1824
PUT
Shake Shack
SHAK
$2.89B
| $9.15M | ﹤0.01% |
231,200
-100,200
| -30% | -$4.4M |
|
1825
CALL
Ashland
ASH
$3.45B
| $9.15M | ﹤0.01% |
182,120
-514,475
| -74% | -$27.1M |
|
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.