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 | |
|---|---|---|---|---|---|---|
|
PPLI
1951
CALL
People Inc
PPLI
$3.03B
| $10.6M | ﹤0.01% |
978,077
-867,288
| -47% | -$9.82M |
|
1952
Waters Corp
WAT
$40.4B
| $10.6M | ﹤0.01% |
94,249
+81,134
| +619% | +$8.89M |
|
|
DWA
1953
PUT
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $10.6M | ﹤0.01% |
475,700
+86,100
| +22% | +$1.95M |
|
|
YELL
1954
PUT
DELISTED
Yellow Corporation Common Stock
YELL
| $10.6M | ﹤0.01% |
472,000
-20,700
| -4% | -$443K |
|
1955
CALL
ICICI Bank
IBN
$108B
| $10.6M | ﹤0.01% |
1,010,790
+68,090
| +7% | +$695K |
|
1956
CALL
Northrop Grumman
NOC
$82.1B
| $10.6M | ﹤0.01% |
71,800
-52,900
| -42% | -$7.25M |
|
1957
PUT
Cadence Design Systems
CDNS
$91.4B
| $10.6M | ﹤0.01% |
557,500
-447,700
| -45% | -$8.04M |
|
|
CRC
1958
DELISTED
California Resources Corporation
CRC
| $10.6M | ﹤0.01% |
+191,835
| New | +$11.6M |
|
1959
CALL
America Movil
AMX
$71.7B
| $10.6M | ﹤0.01% |
476,300
-258,800
| -35% | -$6.03M |
|
1960
InterDigital
IDCC
$8.99B
| $10.6M | ﹤0.01% |
199,509
+37,921
| +23% | +$1.83M |
|
|
DWA
1961
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $10.6M | ﹤0.01% |
472,469
+460,357
| +3,801% | +$10.4M |
|
|
SODA
1962
PUT
DELISTED
SodaStream International Ltd
SODA
| $10.5M | ﹤0.01% |
523,600
-11,600
| -2% | -$254K |
|
|
HAR
1963
PUT
DELISTED
Harman International Industries
HAR
| $10.5M | ﹤0.01% |
98,700
-37,200
| -27% | -$3.83M |
|
1964
CALL
Five Below
FIVE
$13B
| $10.5M | ﹤0.01% |
257,900
-249,800
| -49% | -$10.1M |
|
|
WW
1965
CALL
DELISTED
WW International
WW
| $10.5M | ﹤0.01% |
423,800
+27,000
| +7% | +$725K |
|
|
RPTP
1966
PUT
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $10.5M | ﹤0.01% |
999,600
+400,200
| +67% | +$3.91M |
|
|
NTI
1967
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $10.5M | ﹤0.01% |
472,263
-119,743
| -20% | -$2.86M |
|
1968
Western Union
WU
$2.19B
| $10.5M | ﹤0.01% |
583,625
+224,335
| +62% | +$3.89M |
|
1969
CALL
Packaging Corp of America
PKG
$22.7B
| $10.4M | ﹤0.01% |
133,800
-170,100
| -56% | -$12.2M |
|
|
PVA
1970
PUT
DELISTED
PENN VIRGINIA CORP
PVA
| $10.4M | ﹤0.01% |
1,560,900
+292,700
| +23% | +$2.21M |
|
1971
CALL
Pacira BioSciences
PCRX
$974M
| $10.4M | ﹤0.01% |
117,600
+47,900
| +69% | +$4.53M |
|
1972
PUT
Martin Marietta Materials
MLM
$33B
| $10.4M | ﹤0.01% |
94,400
-8,700
| -8% | -$1.03M |
|
|
KLXI
1973
DELISTED
KLX Inc.
KLXI
| $10.4M | ﹤0.01% |
+299,051
| New | +$10.5M |
|
|
HOUS
1974
PUT
DELISTED
Anywhere Real Estate
HOUS
| $10.4M | ﹤0.01% |
233,500
+6,700
| +3% | +$278K |
|
|
CRZO
1975
CALL
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $10.4M | ﹤0.01% |
249,700
+58,000
| +30% | +$2.61M |
|
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.