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 | |
|---|---|---|---|---|---|---|
1851
PUT
Caesarstone
CSTE
$88.2M
| $8.89M | ﹤0.01% |
205,100
-85,200
| -29% | -$3.25M |
|
|
PRE
1852
CALL
DELISTED
PARTNERRE LTD
PRE
| $8.89M | ﹤0.01% |
63,600
+8,600
| +16% | +$1.2M |
|
|
SGI
1853
PUT
Somnigroup International
SGI
$13.6B
| $8.88M | ﹤0.01% |
504,400
+272,400
| +117% | +$5.18M |
|
|
NBL
1854
DELISTED
Noble Energy, Inc.
NBL
| $8.87M | ﹤0.01% |
269,260
+63,712
| +31% | +$2.23M |
|
1855
PUT
Boston Beer
SAM
$1.86B
| $8.86M | ﹤0.01% |
43,900
-43,600
| -50% | -$9.56M |
|
1856
iShares Core US Aggregate Bond ETF
AGG
$137B
| $8.85M | ﹤0.01% |
81,900
+30,862
| +60% | +$3.36M |
|
|
AHGP
1857
CALL
DELISTED
Alliance Holdings GP
AHGP
| $8.84M | ﹤0.01% |
437,900
-122,900
| -22% | -$3.2M |
|
1858
American Electric Power
AEP
$66.9B
| $8.84M | ﹤0.01% |
151,647
+15,383
| +11% | +$872K |
|
|
OIL
1859
PUT
DELISTED
Barclays Bank PLC iPath Exchange Traded Notes Linked to Goldman Sachs Crude Oil Total Return In
OIL
| $8.84M | ﹤0.01% |
1,418,300
-232,200
| -14% | -$1.8M |
|
1860
PUT
Targa Resources
TRGP
$57.1B
| $8.84M | ﹤0.01% |
326,500
+1,100
| +0.3% | +$48.8K |
|
1861
ArcelorMittal
MT
$55.7B
| $8.83M | ﹤0.01% |
914,983
+550,668
| +151% | +$6.42M |
|
1862
Ryanair
RYAAY
$30.9B
| $8.82M | ﹤0.01% |
254,960
+185,491
| +267% | +$6.06M |
|
|
CA
1863
CALL
DELISTED
CA, Inc.
CA
| $8.82M | ﹤0.01% |
308,700
-340,700
| -52% | -$9.57M |
|
1864
PUT
Halozyme
HALO
$12.2B
| $8.81M | ﹤0.01% |
508,400
+171,300
| +51% | +$2.73M |
|
1865
PUT
Travelers Companies
TRV
$78.3B
| $8.79M | ﹤0.01% |
77,900
-270,300
| -78% | -$30M |
|
1866
Equifax
EFX
$21.3B
| $8.79M | ﹤0.01% |
78,920
+35,706
| +83% | +$3.86M |
|
|
DYN
1867
CALL
DELISTED
Dynegy, Inc.
DYN
| $8.79M | ﹤0.01% |
655,800
+512,500
| +358% | +$8.8M |
|
|
LFC
1868
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $8.77M | ﹤0.01% |
548,400
-312,700
| -36% | -$5.57M |
|
1869
Herc Holdings
HRI
$5.68B
| $8.76M | ﹤0.01% |
205,185
-364,405
| -64% | -$18.3M |
|
|
INVX
1870
PUT
Innovex International
INVX
$2.04B
| $8.75M | ﹤0.01% |
147,700
+130,200
| +744% | +$8.07M |
|
1871
PUT
Cameco
CCJ
$42.4B
| $8.73M | ﹤0.01% |
708,500
-8,100
| -1% | -$104K |
|
1872
PUT
Fastenal
FAST
$59.8B
| $8.73M | ﹤0.01% |
856,000
+225,600
| +36% | +$2.22M |
|
|
HAR
1873
PUT
DELISTED
Harman International Industries
HAR
| $8.71M | ﹤0.01% |
92,400
+6,000
| +7% | +$608K |
|
1874
Bank of Montreal
BMO
$127B
| $8.69M | ﹤0.01% |
154,037
-91,008
| -37% | -$5.23M |
|
1875
Domino's
DPZ
$11.5B
| $8.69M | ﹤0.01% |
78,070
+3,647
| +5% | +$390K |
|
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.