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 | |
|---|---|---|---|---|---|---|
|
TWC
176
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $262M | 0.1% |
1,720,500
+843,800
| +96% | +$122M |
|
177
CALL
Visa
V
$692B
| $259M | 0.1% |
3,954,800
-2,525,600
| -39% | -$152M |
|
178
CALL
GE Aerospace
GE
$389B
| $257M | 0.1% |
2,125,641
+556,857
| +35% | +$68.5M |
|
179
PUT
Verizon
VZ
$195B
| $257M | 0.1% |
5,470,900
-163,500
| -3% | -$8M |
|
180
CALL
US Bancorp
USB
$99.4B
| $257M | 0.1% |
5,722,800
+2,197,800
| +62% | +$94.6M |
|
181
PUT
American Airlines Group
AAL
$10.6B
| $257M | 0.1% |
4,793,600
+270,400
| +6% | +$11.6M |
|
182
CALL
eBay
EBAY
$48.9B
| $257M | 0.1% |
10,862,122
-5,055,177
| -32% | -$115M |
|
183
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $256M | 0.1% |
2,855,600
+27,300
| +1% | +$2.49M |
|
184
PUT
Las Vegas Sands
LVS
$29.9B
| $256M | 0.1% |
4,394,700
-1,297,700
| -23% | -$78.2M |
|
185
VanEck Gold Miners ETF
GDX
$25.6B
| $255M | 0.1% |
13,879,496
-4,230,630
| -23% | -$81.8M |
|
186
CALL
Halliburton
HAL
$27.1B
| $254M | 0.1% |
6,459,900
+3,185,900
| +97% | +$155M |
|
187
CALL
AstraZeneca
AZN
$250B
| $251M | 0.1% |
3,559,300
+1,726,100
| +94% | +$124M |
|
|
PARA
188
PUT
DELISTED
Paramount Global Class B
PARA
| $250M | 0.1% |
4,521,300
+118,700
| +3% | +$6.32M |
|
189
PUT
GoPro
GPRO
$126M
| $250M | 0.1% |
3,954,000
-879,700
| -18% | -$64.8M |
|
190
CALL
ConocoPhillips
COP
$142B
| $248M | 0.1% |
3,595,800
+1,825,100
| +103% | +$127M |
|
191
PUT
Bausch Health
BHC
$2.21B
| $248M | 0.1% |
1,734,900
-276,900
| -14% | -$37.2M |
|
192
CALL
BP
BP
$109B
| $247M | 0.1% |
7,810,165
+5,028,626
| +181% | +$169M |
|
193
CALL
AbbVie
ABBV
$431B
| $247M | 0.1% |
3,768,300
+807,600
| +27% | +$50.9M |
|
194
PUT
Walt Disney
DIS
$182B
| $246M | 0.1% |
2,607,600
-357,900
| -12% | -$32.3M |
|
195
PUT
Cheniere Energy
LNG
$55.7B
| $243M | 0.1% |
3,456,300
+547,000
| +19% | +$38.6M |
|
196
CALL
Delta Air Lines
DAL
$60.5B
| $243M | 0.1% |
4,936,600
+2,172,800
| +79% | +$91.5M |
|
197
Microsoft
MSFT
$3.71T
| $241M | 0.1% |
5,186,603
+1,349,211
| +35% | +$63.3M |
|
|
DD
198
CALL
DELISTED
Du Pont De Nemours E I
DD
| $240M | 0.1% |
3,422,777
-325,903
| -9% | -$21.8M |
|
199
PUT
United Airlines
UAL
$41.9B
| $238M | 0.09% |
3,556,500
+725,500
| +26% | +$40.2M |
|
|
MON
200
CALL
DELISTED
Monsanto Co
MON
| $235M | 0.09% |
1,971,200
+723,500
| +58% | +$84M |
|
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.