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
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.18% |
| 2 | Consumer Discretionary | 1.93% |
| 3 | Financials | 1.71% |
| 4 | Energy | 1.54% |
| 5 | Healthcare | 1.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
CenterPoint Energy
CNP
$26.4B
| $11.2M | ﹤0.01% |
456,466
-150,813
| -25% | -$3.71M |
|
1977
PUT
Pacira BioSciences
PCRX
$974M
| $11.1M | ﹤0.01% |
115,000
+32,800
| +40% | +$3.19M |
|
|
HIMX
1978
CALL
Himax Technologies
HIMX
$2.57B
| $11.1M | ﹤0.01% |
1,097,700
+771,900
| +237% | +$5.83M |
|
1979
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $11.1M | ﹤0.01% |
109,500
+53,300
| +95% | +$5.45M |
|
|
BBBY
1980
DELISTED
Bed Bath & Beyond Inc
BBBY
| $11.1M | ﹤0.01% |
169,201
-474,804
| -74% | -$29.9M |
|
|
VER
1981
CALL
DELISTED
VEREIT, Inc.
VER
| $11.1M | ﹤0.01% |
184,580
+141,660
| +330% | +$9.11M |
|
1982
Curtiss-Wright
CW
$25.6B
| $11.1M | ﹤0.01% |
168,438
+15,744
| +10% | +$1.06M |
|
|
JNS
1983
CALL
DELISTED
Janus Capital Group Inc
JNS
| $11.1M | ﹤0.01% |
760,400
+627,300
| +471% | +$7.61M |
|
1984
CALL
Genworth Financial
GNW
$3.75B
| $11.1M | ﹤0.01% |
843,800
-453,100
| -35% | -$6.55M |
|
1985
Viavi Solutions
VIAV
$9.18B
| $11M | ﹤0.01% |
1,514,932
+468,697
| +45% | +$3.23M |
|
|
CIVI
1986
CALL
DELISTED
Civitas Resources
CIVI
| $11M | ﹤0.01% |
1,736
-604
| -26% | -$3.93M |
|
|
SD
1987
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $11M | ﹤0.01% |
2,567,753
-845,172
| -25% | -$4.73M |
|
|
GNC
1988
CALL
DELISTED
GNC Holdings, Inc.
GNC
| $11M | ﹤0.01% |
284,100
+74,600
| +36% | +$2.71M |
|
1989
PUT
Mattel
MAT
$4.21B
| $11M | ﹤0.01% |
359,000
+78,800
| +28% | +$2.79M |
|
1990
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.05B
| $11M | ﹤0.01% |
4,360,000
+1,860,000
| +74% | +$4.58M |
|
1991
PUT
Corpay
CPAY
$26.2B
| $11M | ﹤0.01% |
77,400
-7,900
| -9% | -$1.09M |
|
1992
CALL
ProShares UltraPro QQQ
TQQQ
$37B
| $11M | ﹤0.01% |
6,096,000
-955,200
| -14% | -$1.65M |
|
1993
T. Rowe Price
TROW
$24.3B
| $11M | ﹤0.01% |
140,005
+45,934
| +49% | +$3.69M |
|
|
APL
1994
PUT
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $11M | ﹤0.01% |
300,900
-26,200
| -8% | -$925K |
|
|
TSL
1995
PUT
DELISTED
Trina Solar Limited
TSL
| $11M | ﹤0.01% |
908,700
-95,900
| -10% | -$1.2M |
|
1996
Host Hotels & Resorts
HST
$15.5B
| $11M | ﹤0.01% |
513,980
-22,729
| -4% | -$506K |
|
1997
CALL
Eagle Materials
EXP
$6.47B
| $10.9M | ﹤0.01% |
107,400
-144,500
| -57% | -$14M |
|
1998
PUT
iShares MSCI Turkey ETF
TUR
$217M
| $10.9M | ﹤0.01% |
222,600
-229,600
| -51% | -$12.7M |
|
1999
Teradyne
TER
$57.1B
| $10.9M | ﹤0.01% |
563,124
-113,716
| -17% | -$2.23M |
|
|
GRMN
2000
PUT
Garmin
GRMN
$60.4B
| $10.9M | ﹤0.01% |
209,800
-22,300
| -10% | -$1.24M |
|
Similar funds
Susquehanna International Group's Q3 2014 Portfolio in Review
As of Q3 2014, Susquehanna International Group held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $28.7B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.5% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Susquehanna International Group's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Susquehanna International Group's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Susquehanna International Group fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Susquehanna International Group's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Susquehanna International Group opened 983 new positions and closed 1,332 in Q3 2014.
- Susquehanna International Group's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.