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 | |
|---|---|---|---|---|---|---|
1976
TripAdvisor
TRIP
$1.26B
| $7.89M | ﹤0.01% |
92,552
+5,593
| +6% | +$451K |
|
|
DVAX
1977
CALL
DELISTED
Dynavax Technologies
DVAX
| $7.87M | ﹤0.01% |
325,600
+183,400
| +129% | +$4.59M |
|
1978
Magna International
MGA
$18.7B
| $7.86M | ﹤0.01% |
193,859
-126,387
| -39% | -$5.88M |
|
1979
Marriott International
MAR
$90.9B
| $7.84M | ﹤0.01% |
116,960
+60,139
| +106% | +$4.35M |
|
|
SAVE
1980
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $7.83M | ﹤0.01% |
196,400
-14,300
| -7% | -$581K |
|
|
GGP
1981
CALL
DELISTED
GGP Inc.
GGP
| $7.82M | ﹤0.01% |
287,500
-537,700
| -65% | -$14.5M |
|
1982
Tenet Healthcare
THC
$20.9B
| $7.82M | ﹤0.01% |
258,061
+117,978
| +84% | +$3.87M |
|
|
DWTI
1983
DELISTED
VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return
DWTI
| $7.79M | ﹤0.01% |
39,009
+4,548
| +13% | +$619K |
|
1984
CALL
Factset
FDS
$10.1B
| $7.79M | ﹤0.01% |
47,900
+34,900
| +268% | +$5.86M |
|
1985
CALL
Precigen
PGEN
$2.51B
| $7.77M | ﹤0.01% |
260,019
-223,494
| -46% | -$7.53M |
|
1986
CALL
Pultegroup
PHM
$24.8B
| $7.77M | ﹤0.01% |
435,900
-150,000
| -26% | -$2.8M |
|
1987
Ecolab
ECL
$79.7B
| $7.76M | ﹤0.01% |
67,867
+61,176
| +914% | +$7.2M |
|
|
WES
1988
CALL
DELISTED
Western Gas Partners Lp
WES
| $7.76M | ﹤0.01% |
163,300
-211,700
| -56% | -$10.2M |
|
1989
Columbia Emerging Markets Consumer ETF
ECON
$303M
| $7.76M | ﹤0.01% |
365,032
+250,563
| +219% | +$5.73M |
|
1990
PUT
Banco Bradesco
BBD
$36.3B
| $7.76M | ﹤0.01% |
3,428,821
+680,492
| +25% | +$1.79M |
|
1991
CALL
Zimmer Biomet
ZBH
$18.7B
| $7.76M | ﹤0.01% |
77,868
-48,204
| -38% | -$4.72M |
|
|
TERP
1992
CALL
DELISTED
TerraForm Power, Inc
TERP
| $7.76M | ﹤0.01% |
616,500
+440,200
| +250% | +$6.27M |
|
|
SWN
1993
PUT
DELISTED
Southwestern Energy Company
SWN
| $7.74M | ﹤0.01% |
1,089,200
+291,000
| +36% | +$2.85M |
|
1994
Vertex Pharmaceuticals
VRTX
$133B
| $7.74M | ﹤0.01% |
61,530
-99,952
| -62% | -$12.1M |
|
1995
Everest Group
EG
$14.2B
| $7.74M | ﹤0.01% |
42,278
+5,643
| +15% | +$1.03M |
|
1996
iShares Russell 1000 ETF
IWB
$50.2B
| $7.73M | ﹤0.01% |
68,214
+62,943
| +1,194% | +$7.2M |
|
1997
CALL
AutoNation
AN
$6.88B
| $7.73M | ﹤0.01% |
129,500
+52,000
| +67% | +$3.22M |
|
|
ARG
1998
DELISTED
Airgas Inc
ARG
| $7.72M | ﹤0.01% |
55,818
+11,717
| +27% | +$1.35M |
|
1999
Unilever
UL
$135B
| $7.7M | ﹤0.01% |
158,702
+152,416
| +2,425% | +$7.44M |
|
|
PTR
2000
PUT
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $7.68M | ﹤0.01% |
117,100
+63,700
| +119% | +$4.69M |
|
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.