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 20+ Year Treasury Bond ETF
TLT
|
+$607M |
| 2 |
Apple
AAPL
|
+$361M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$214M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$208M |
| 5 |
Intel
INTC
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.73B |
| 2 |
Pfizer
PFE
|
+$887M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$696M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$433M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.86% |
| 2 | Financials | 1.7% |
| 3 | Consumer Discretionary | 1.45% |
| 4 | Energy | 1.26% |
| 5 | Healthcare | 1.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
PUT
Southern Company
SO
$105B
| $9.4M | 0.01% |
228,300
+21,900
| +11% | +$943K |
|
|
HERO
1952
PUT
DELISTED
HERCULES OFFSHORE INC COM STK
HERO
| $9.4M | 0.01% |
1,274,900
+123,800
| +11% | +$903K |
|
|
HBI
1953
CALL
DELISTED
Hanesbrands
HBI
| $9.39M | 0.01% |
602,800
-15,600
| -3% | -$232K |
|
|
ALTR
1954
PUT
DELISTED
Altera Corp
ALTR
| $9.39M | 0.01% |
252,700
-253,100
| -50% | -$9.08M |
|
1955
PUT
Hasbro
HAS
$13.3B
| $9.39M | 0.01% |
199,100
+36,400
| +22% | +$1.7M |
|
1956
PUT
VF Corp
VFC
$5.86B
| $9.38M | 0.01% |
200,081
-649,519
| -76% | -$30M |
|
1957
PUT
Ashland
ASH
$3.45B
| $9.37M | 0.01% |
207,057
-90,141
| -30% | -$3.89M |
|
1958
PUT
Gen Digital
GEN
$17.5B
| $9.35M | 0.01% |
377,900
-89,700
| -19% | -$2.25M |
|
|
HUB.B
1959
DELISTED
HUBBELL INC CL-B
HUB.B
| $9.35M | 0.01% |
89,282
+9,585
| +12% | +$1.01M |
|
|
ITMN
1960
CALL
DELISTED
INTERMUNE INC
ITMN
| $9.34M | 0.01% |
607,800
+182,400
| +43% | +$2.56M |
|
1961
CALL
SM Energy
SM
$7.55B
| $9.34M | 0.01% |
121,000
-16,700
| -12% | -$1.16M |
|
|
TTF
1962
DELISTED
Thai Fund
TTF
| $9.33M | ﹤0.01% |
469,514
+112,991
| +32% | +$2.35M |
|
1963
PUT
Williams-Sonoma
WSM
$29.5B
| $9.32M | ﹤0.01% |
331,800
+98,200
| +42% | +$2.84M |
|
1964
CALL
iShares S&P Small-Cap 600 Value ETF
IJS
$8.3B
| $9.32M | ﹤0.01% |
182,400
+149,600
| +456% | +$7.44M |
|
|
CMA
1965
CALL
DELISTED
Comerica
CMA
| $9.32M | ﹤0.01% |
237,000
-40,800
| -15% | -$1.69M |
|
1966
CALL
Herc Holdings
HRI
$5.68B
| $9.31M | ﹤0.01% |
140,033
-30,300
| -18% | -$2.32M |
|
|
CYT
1967
DELISTED
CYTEC INDS INC
CYT
| $9.29M | ﹤0.01% |
228,362
-224
| -0.1% | -$8.69K |
|
1968
Commercial Metals
CMC
$8.1B
| $9.25M | ﹤0.01% |
545,773
+238,874
| +78% | +$3.74M |
|
1969
CALL
KeyCorp
KEY
$24.3B
| $9.25M | ﹤0.01% |
811,300
+461,000
| +132% | +$5.51M |
|
|
PNC.WS
1970
DELISTED
PNC Financial Services Group Inc
PNC.WS
| $9.23M | ﹤0.01% |
599,311
-4,225
| -0.7% | -$69.1K |
|
1971
Consolidated Edison
ED
$39.3B
| $9.22M | ﹤0.01% |
167,194
+32,841
| +24% | +$1.89M |
|
|
TLM
1972
DELISTED
TALISMAN ENERGY INC
TLM
| $9.21M | ﹤0.01% |
801,268
+263,858
| +49% | +$2.95M |
|
1973
Lockheed Martin
LMT
$139B
| $9.21M | ﹤0.01% |
72,244
+14,969
| +26% | +$1.82M |
|
1974
PUT
Strategic Education
STRA
$1.84B
| $9.21M | ﹤0.01% |
221,700
+114,800
| +107% | +$5.11M |
|
1975
American Tower
AMT
$78.8B
| $9.19M | ﹤0.01% |
123,901
-1,755
| -1% | -$127K |
|
Similar funds
Susquehanna International Group's Q3 2013 Portfolio in Review
As of Q3 2013, Susquehanna International Group held 9,320 positions worth $189B, up 7.4% from $176B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- Susquehanna International Group's largest Q3 2013 buy was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M.
- Susquehanna International Group added most to iShares 20+ Year Treasury Bond ETF in Q3 2013, an estimated $607M increase.
- Susquehanna International Group's biggest Q3 2013 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.73B.
- Susquehanna International Group fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $41.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $189B portfolio in Q3 2013.
- Susquehanna International Group opened 1,211 new positions and closed 982 in Q3 2013.
- Susquehanna International Group's portfolio value rose 7.4% quarter-over-quarter to $189B.
Based on Susquehanna International Group's 13F filing for Q3 2013, filed 13 Nov 2013.