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 | |
|---|---|---|---|---|---|---|
|
CONN
1926
DELISTED
Conn's Inc.
CONN
| $11.1M | 0.01% |
141,077
+55,710
| +65% | +$3.57M |
|
|
FITB
1927
Fifth Third Bancorp
FITB
$51.7B
| $11.1M | 0.01% |
528,347
-100,610
| -16% | -$1.97M |
|
1928
BHP
BHP
$228B
| $11.1M | 0.01% |
192,587
-87,611
| -31% | -$5.07M |
|
1929
CALL
Boston Properties
BXP
$10.9B
| $11.1M | 0.01% |
110,600
-8,300
| -7% | -$859K |
|
1930
Best Buy
BBY
$17.3B
| $11.1M | 0.01% |
278,126
+138,651
| +99% | +$5.69M |
|
1931
Western Union
WU
$2.17B
| $11.1M | 0.01% |
642,035
+68,063
| +12% | +$1.19M |
|
1932
CALL
Viavi Solutions
VIAV
$9.28B
| $11.1M | 0.01% |
1,498,519
+644,834
| +76% | +$4.9M |
|
1933
Adobe
ADBE
$106B
| $11M | 0.01% |
184,468
-224,521
| -55% | -$12.4M |
|
|
RAI
1934
CALL
DELISTED
Reynolds American Inc
RAI
| $11M | 0.01% |
441,200
+219,000
| +99% | +$5.52M |
|
1935
Terex
TEX
$7.75B
| $11M | 0.01% |
262,400
+221,131
| +536% | +$8.01M |
|
1936
Avnet
AVT
$7.96B
| $11M | 0.01% |
248,850
+97,752
| +65% | +$4.03M |
|
1937
VanEck Biotech ETF
BBH
$427M
| $11M | 0.01% |
123,783
+79,801
| +181% | +$6.67M |
|
|
ENDP
1938
PUT
DELISTED
Endo International plc
ENDP
| $10.9M | 0.01% |
162,300
+60,700
| +60% | +$3.46M |
|
|
TYC
1939
CALL
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $10.9M | 0.01% |
254,603
+58,446
| +30% | +$2.27M |
|
|
AVP
1940
DELISTED
Avon Products, Inc.
AVP
| $10.9M | 0.01% |
634,989
+527,236
| +489% | +$9.85M |
|
1941
CALL
Stryker
SYK
$130B
| $10.9M | 0.01% |
145,500
-164,700
| -53% | -$12M |
|
1942
PUT
iShares Russell 2000 Value ETF
IWN
$14.5B
| $10.9M | 0.01% |
109,800
+29,500
| +37% | +$2.82M |
|
1943
PUT
Fortinet
FTNT
$121B
| $10.9M | 0.01% |
2,853,500
+1,021,500
| +56% | +$3.98M |
|
1944
IAMGOLD
IAG
$10.3B
| $10.9M | 0.01% |
3,276,580
+1,760,206
| +116% | +$7.63M |
|
1945
PUT
Sempra
SRE
$55.4B
| $10.9M | 0.01% |
242,400
+220,200
| +992% | +$9.78M |
|
1946
Vanguard Short-Term Bond ETF
BSV
$45.6B
| $10.9M | 0.01% |
+135,846
| New | +$10.9M |
|
1947
PUT
Pitney Bowes
PBI
$2.39B
| $10.8M | 0.01% |
465,500
-159,800
| -26% | -$3.44M |
|
|
LGF
1948
CALL
DELISTED
Lions Gate Entertainment
LGF
| $10.8M | 0.01% |
342,300
-6,800
| -2% | -$224K |
|
1949
HCA Healthcare
HCA
$89.7B
| $10.8M | 0.01% |
227,054
+149,184
| +192% | +$6.89M |
|
1950
CALL
Harley-Davidson
HOG
$2.7B
| $10.8M | 0.01% |
156,400
-8,800
| -5% | -$583K |
|
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.