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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.22B |
| 2 |
Alibaba
BABA
|
+$408M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$292M |
| 4 |
Gilead Sciences
GILD
|
+$218M |
| 5 |
Ford
F
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$1.37B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.18B |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$619M |
| 4 |
Bank of America
BAC
|
+$487M |
| 5 |
Booking.com
BKNG
|
+$406M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.49% |
| 2 | Consumer Discretionary | 1.99% |
| 3 | Financials | 1.6% |
| 4 | Healthcare | 1.35% |
| 5 | Energy | 1.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
PUT
Axos Financial
AX
$5.63B
| $11.6M | ﹤0.01% |
594,000
-266,800
| -31% | -$5.01M |
|
|
ZIONW
1852
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $11.5M | ﹤0.01% |
2,846,798
| – | – |
|
|
STI
1853
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $11.5M | ﹤0.01% |
274,600
-45,400
| -14% | -$1.78M |
|
1854
CALL
Eagle Materials
EXP
$6.47B
| $11.5M | ﹤0.01% |
151,300
+43,900
| +41% | +$3.71M |
|
|
FIG
1855
DELISTED
Fortress Investment Group Llc
FIG
| $11.5M | ﹤0.01% |
1,433,935
+351,501
| +32% | +$2.58M |
|
1856
PUT
SL Green Realty
SLG
$3.9B
| $11.5M | ﹤0.01% |
99,789
+68,592
| +220% | +$7.59M |
|
|
SGEN
1857
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $11.5M | ﹤0.01% |
357,100
-344,300
| -49% | -$12M |
|
1858
CALL
Prologis
PLD
$132B
| $11.5M | ﹤0.01% |
266,400
+90,200
| +51% | +$3.7M |
|
1859
KB Home
KBH
$3.47B
| $11.4M | ﹤0.01% |
691,836
+98,553
| +17% | +$1.58M |
|
|
CONN
1860
DELISTED
Conn's Inc.
CONN
| $11.4M | ﹤0.01% |
612,583
+100,120
| +20% | +$2.83M |
|
1861
Ventas
VTR
$47.2B
| $11.4M | ﹤0.01% |
139,587
+72,077
| +107% | +$5.69M |
|
|
SKX
1862
CALL
DELISTED
Skechers
SKX
| $11.4M | ﹤0.01% |
620,100
-581,700
| -48% | -$10.9M |
|
1863
CALL
United States Gasoline Fund
UGA
$136M
| $11.4M | ﹤0.01% |
334,300
+292,100
| +692% | +$13.2M |
|
1864
CALL
Cardinal Health
CAH
$55.5B
| $11.4M | ﹤0.01% |
141,300
-23,600
| -14% | -$1.86M |
|
1865
CALL
Franklin Resources
BEN
$17B
| $11.4M | ﹤0.01% |
206,000
-55,500
| -21% | -$3.07M |
|
|
LVLT
1866
DELISTED
Level 3 Communications Inc
LVLT
| $11.4M | ﹤0.01% |
230,802
+183,786
| +391% | +$8.49M |
|
1867
PUT
Regions Financial
RF
$26.8B
| $11.4M | ﹤0.01% |
1,077,200
-205,900
| -16% | -$2.06M |
|
|
TGNA
1868
DELISTED
TEGNA Inc
TGNA
| $11.4M | ﹤0.01% |
680,639
-143,999
| -17% | -$2.32M |
|
1869
PUT
Archer Daniels Midland
ADM
$38.8B
| $11.4M | ﹤0.01% |
218,600
-40,300
| -16% | -$2.01M |
|
|
OUTR
1870
DELISTED
OUTERWALL INC
OUTR
| $11.4M | ﹤0.01% |
151,055
+39,888
| +36% | +$2.56M |
|
|
RHT
1871
DELISTED
Red Hat Inc
RHT
| $11.4M | ﹤0.01% |
164,251
-148,437
| -47% | -$8.98M |
|
|
RDC
1872
DELISTED
Rowan Companies Plc
RDC
| $11.3M | ﹤0.01% |
485,042
+244,449
| +102% | +$5.65M |
|
1873
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$428M
| $11.3M | ﹤0.01% |
17,448
+10,133
| +139% | +$12.7M |
|
1874
PUT
Ross Stores
ROST
$81.7B
| $11.3M | ﹤0.01% |
239,800
-517,200
| -68% | -$21.8M |
|
1875
Portland General Electric
POR
$5.66B
| $11.3M | ﹤0.01% |
298,681
+122,577
| +70% | +$4.44M |
|
Similar funds
Susquehanna International Group's Q4 2014 Portfolio in Review
As of Q4 2014, Susquehanna International Group held 10,737 positions worth $252B, down 3% from $260B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Susquehanna International Group withdrew a net $10.2B in Q4 2014, closing 1,178 positions and reducing 4,352 holdings. Its most notable exit was Bausch Health, an estimated $68.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, up from 2.2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in FlexShares Global Upstream Natural Resources Index Fund worth $31M.
- Susquehanna International Group's largest Q4 2014 buy was FlexShares Global Upstream Natural Resources Index Fund: 1,011,289 shares worth $31M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $1.22B increase.
- Susquehanna International Group's biggest Q4 2014 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $1.37B.
- Susquehanna International Group fully exited Bausch Health in Q4 2014, selling an estimated $68.9M.
- Susquehanna International Group's ten largest holdings make up 23% of its $252B portfolio in Q4 2014.
- Susquehanna International Group opened 1,370 new positions and closed 1,178 in Q4 2014.
- Susquehanna International Group's portfolio value fell 3% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2014, filed 17 Feb 2015.