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 | |
|---|---|---|---|---|---|---|
|
TW
1951
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $8.11M | ﹤0.01% |
63,111
-10,227
| -14% | -$1.31M |
|
|
CONN
1952
PUT
DELISTED
Conn's Inc.
CONN
| $8.1M | ﹤0.01% |
345,200
-767,400
| -69% | -$18.2M |
|
1953
Invesco DB US Dollar Index Bullish Fund
UUP
$414M
| $8.1M | ﹤0.01% |
315,740
+83,162
| +36% | +$2.11M |
|
1954
CALL
Sempra
SRE
$55.1B
| $8.09M | ﹤0.01% |
172,200
+21,600
| +14% | +$1.07M |
|
1955
Vanguard Total Bond Market
BND
$161B
| $8.07M | ﹤0.01% |
+99,881
| New | +$8.13M |
|
1956
CALL
Motorola Solutions
MSI
$76.5B
| $8.06M | ﹤0.01% |
117,800
-109,700
| -48% | -$7.65M |
|
1957
Brookdale Senior Living
BKD
$3.27B
| $8.06M | ﹤0.01% |
436,403
-318,876
| -42% | -$6.87M |
|
1958
Harley-Davidson
HOG
$2.72B
| $8.04M | ﹤0.01% |
177,165
-67,967
| -28% | -$3.35M |
|
1959
Ulta Beauty
ULTA
$23.6B
| $8.03M | ﹤0.01% |
43,427
-20,952
| -33% | -$3.62M |
|
1960
iShares MSCI Germany ETF
EWG
$1.67B
| $8.02M | ﹤0.01% |
306,390
-585,613
| -66% | -$15.5M |
|
1961
ProShares UltraShort Silver
ZSL
$56.2M
| $8.02M | ﹤0.01% |
777
+733
| +1,666% | +$6.78M |
|
|
FAZ
1962
Direxion Daily Financial Bear 3x ETF
FAZ
$86M
| $8.02M | ﹤0.01% |
487
+479
| +5,988% | +$8.07M |
|
|
FAZ
1963
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$86M
| $8.01M | ﹤0.01% |
486
+373
| +330% | +$6.29M |
|
1964
OSI Systems
OSIS
$3.83B
| $8M | ﹤0.01% |
90,238
+67,154
| +291% | +$5.88M |
|
|
INSY
1965
CALL
DELISTED
Insys Therapeutics, Inc.
INSY
| $7.99M | ﹤0.01% |
278,900
+73,600
| +36% | +$2.04M |
|
1966
SM Energy
SM
$7.55B
| $7.98M | ﹤0.01% |
406,126
+216,458
| +114% | +$6.6M |
|
|
ARMH
1967
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $7.98M | ﹤0.01% |
176,425
-445,295
| -72% | -$21M |
|
1968
CALL
Pilgrim's Pride
PPC
$6.31B
| $7.96M | ﹤0.01% |
360,500
-201,200
| -36% | -$4.12M |
|
1969
TSMC
TSM
$2.17T
| $7.96M | ﹤0.01% |
349,779
+84,080
| +32% | +$1.89M |
|
1970
CALL
Albemarle
ALB
$15.5B
| $7.94M | ﹤0.01% |
141,800
-366,900
| -72% | -$18.9M |
|
1971
CALL
Western Union
WU
$2.19B
| $7.93M | ﹤0.01% |
443,000
+180,700
| +69% | +$3.41M |
|
|
ACHN
1972
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
| $7.93M | ﹤0.01% |
734,800
-258,300
| -26% | -$2.35M |
|
1973
CALL
NCR Voyix
VYX
$1.09B
| $7.92M | ﹤0.01% |
528,120
-1,149,802
| -69% | -$18.3M |
|
1974
Royal Gold
RGLD
$19.8B
| $7.92M | ﹤0.01% |
217,115
+34,511
| +19% | +$1.44M |
|
1975
PPG Industries
PPG
$25.7B
| $7.91M | ﹤0.01% |
80,044
-84,140
| -51% | -$8.5M |
|
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.