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 | |
|---|---|---|---|---|---|---|
1826
Masco
MAS
$14.7B
| $9.13M | ﹤0.01% |
322,797
+49,145
| +18% | +$1.4M |
|
1827
CALL
The Greenbrier Companies
GBX
$1.43B
| $9.13M | ﹤0.01% |
280,000
-276,500
| -50% | -$9.48M |
|
1828
CALL
World Acceptance Corp
WRLD
$871M
| $9.12M | ﹤0.01% |
245,900
+103,700
| +73% | +$3.84M |
|
|
SINA
1829
DELISTED
Sina Corp
SINA
| $9.12M | ﹤0.01% |
184,683
-197,132
| -52% | -$9.48M |
|
|
VAR
1830
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
| $9.11M | ﹤0.01% |
128,521
+40,027
| +45% | +$2.76M |
|
1831
CALL
Unilever
UL
$135B
| $9.09M | ﹤0.01% |
187,289
-84,355
| -31% | -$4.12M |
|
|
MXIM
1832
DELISTED
Maxim Integrated Products
MXIM
| $9.08M | ﹤0.01% |
239,076
+86,366
| +57% | +$3.3M |
|
|
LLTC
1833
PUT
DELISTED
Linear Technology Corp
LLTC
| $9.08M | ﹤0.01% |
213,800
-185,600
| -46% | -$8.16M |
|
|
AXON
1834
Axon Enterprise
AXON
$48.4B
| $9.07M | ﹤0.01% |
524,653
+212,593
| +68% | +$4.26M |
|
|
MRO
1835
PUT
DELISTED
Marathon Oil Corporation
MRO
| $9.05M | ﹤0.01% |
718,800
-205,600
| -22% | -$3.46M |
|
1836
PUT
Alnylam Pharmaceuticals
ALNY
$29B
| $9.05M | ﹤0.01% |
96,100
-160,900
| -63% | -$14.9M |
|
1837
PUT
Cardinal Health
CAH
$55.5B
| $9.04M | ﹤0.01% |
101,300
-127,400
| -56% | -$10.8M |
|
1838
CALL
Public Storage
PSA
$60.8B
| $9.04M | ﹤0.01% |
36,500
+2,900
| +9% | +$679K |
|
|
LCI
1839
PUT
DELISTED
Lannett Company, Inc.
LCI
| $9.04M | ﹤0.01% |
56,300
+7,075
| +14% | +$1.16M |
|
1840
McKesson
MCK
$103B
| $9.03M | ﹤0.01% |
45,791
-69,527
| -60% | -$13.1M |
|
1841
PUT
Moody's
MCO
$82.8B
| $9.02M | ﹤0.01% |
89,900
+69,300
| +336% | +$6.94M |
|
1842
TJX Companies
TJX
$175B
| $9.01M | ﹤0.01% |
254,110
+150,174
| +144% | +$5.35M |
|
|
TRCO
1843
CALL
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $8.95M | ﹤0.01% |
264,700
+225,400
| +574% | +$8.42M |
|
1844
PUT
Sony
SONY
$140B
| $8.95M | ﹤0.01% |
1,817,500
-36,500
| -2% | -$193K |
|
|
AKRX
1845
DELISTED
Akorn Inc
AKRX
| $8.94M | ﹤0.01% |
239,705
+2,326
| +1% | +$72.7K |
|
1846
PUT
Post Holdings
POST
$3.45B
| $8.94M | ﹤0.01% |
221,407
+126,671
| +134% | +$5.24M |
|
|
CZR
1847
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $8.93M | ﹤0.01% |
1,131,800
+754,300
| +200% | +$5.95M |
|
|
INVN
1848
PUT
DELISTED
Invensense Inc
INVN
| $8.91M | ﹤0.01% |
870,900
-177,600
| -17% | -$1.97M |
|
|
MW
1849
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $8.9M | ﹤0.01% |
606,100
+207,800
| +52% | +$5.73M |
|
|
INFN
1850
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $8.89M | ﹤0.01% |
490,600
+166,000
| +51% | +$3.31M |
|
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.