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 20+ Year Treasury Bond ETF
TLT
|
+$607M |
| 2 |
Apple
AAPL
|
+$361M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$214M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$208M |
| 5 |
Intel
INTC
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.73B |
| 2 |
Pfizer
PFE
|
+$887M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$696M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$433M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.86% |
| 2 | Financials | 1.7% |
| 3 | Consumer Discretionary | 1.45% |
| 4 | Energy | 1.26% |
| 5 | Healthcare | 1.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Travel + Leisure Co
TNL
$4.5B
| $8.85M | ﹤0.01% |
321,618
+213,526
| +198% | +$5.85M |
|
2002
CALL
Direxion Daily Real Estate Bull 3X ETF
DRN
$43M
| $8.85M | ﹤0.01% |
894,800
+463,200
| +107% | +$4.94M |
|
2003
Mercado Libre
MELI
$92.5B
| $8.85M | ﹤0.01% |
65,590
+23,770
| +57% | +$2.85M |
|
|
EVEP
2004
CALL
DELISTED
EV Energy Partners, L.P.
EVEP
| $8.82M | ﹤0.01% |
237,700
+68,500
| +40% | +$2.61M |
|
2005
PUT
InterDigital
IDCC
$8.99B
| $8.81M | ﹤0.01% |
236,100
-54,100
| -19% | -$2.04M |
|
2006
FMC
FMC
$1.31B
| $8.78M | ﹤0.01% |
141,091
-22,626
| -14% | -$1.3M |
|
|
CSC
2007
PUT
DELISTED
Computer Sciences
CSC
| $8.78M | ﹤0.01% |
402,461
-66,444
| -14% | -$1.4M |
|
|
JASO
2008
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $8.77M | ﹤0.01% |
862,306
+789,375
| +1,082% | +$6.69M |
|
|
CERN
2009
DELISTED
Cerner Corp
CERN
| $8.77M | ﹤0.01% |
166,803
+51,287
| +44% | +$2.5M |
|
|
LGF
2010
PUT
DELISTED
Lions Gate Entertainment
LGF
| $8.76M | ﹤0.01% |
249,900
+54,400
| +28% | +$1.84M |
|
|
ELN
2011
DELISTED
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
| $8.76M | ﹤0.01% |
562,094
+416,748
| +287% | +$6.28M |
|
2012
Sherwin-Williams
SHW
$88.1B
| $8.74M | ﹤0.01% |
143,925
-63,981
| -31% | -$3.76M |
|
2013
New Oriental
EDU
$9.24B
| $8.72M | ﹤0.01% |
350,303
-39,731
| -10% | -$908K |
|
2014
Edwards Lifesciences
EW
$53B
| $8.72M | ﹤0.01% |
751,446
+162,282
| +28% | +$1.9M |
|
2015
CALL
Genesis Energy
GEL
$1.9B
| $8.7M | ﹤0.01% |
173,700
+75,400
| +77% | +$3.8M |
|
2016
PUT
ProShares Ultra Real Estate
URE
$58.1M
| $8.69M | ﹤0.01% |
252,200
+97,000
| +63% | +$3.48M |
|
|
MOLX
2017
DELISTED
MOLEX INC
MOLX
| $8.67M | ﹤0.01% |
225,174
-29,038
| -11% | -$932K |
|
2018
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$37.4M
| $8.66M | ﹤0.01% |
6,786
-594
| -8% | -$792K |
|
2019
PUT
Mattel
MAT
$4.21B
| $8.65M | ﹤0.01% |
206,700
-20,600
| -9% | -$881K |
|
2020
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.99B
| $8.63M | ﹤0.01% |
159,840
-8,412
| -5% | -$449K |
|
2021
CALL
Becton Dickinson
BDX
$48.9B
| $8.63M | ﹤0.01% |
88,458
+103
| +0.1% | +$10.1K |
|
2022
AbbVie
ABBV
$438B
| $8.63M | ﹤0.01% |
192,929
-171,308
| -47% | -$7.59M |
|
2023
Lowe's Companies
LOW
$123B
| $8.63M | ﹤0.01% |
181,153
+14,328
| +9% | +$650K |
|
2024
CALL
ArcelorMittal
MT
$55.7B
| $8.62M | ﹤0.01% |
275,870
-207,515
| -43% | -$6.22M |
|
|
MW
2025
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $8.61M | ﹤0.01% |
252,800
+124,100
| +96% | +$4.71M |
|
Similar funds
Susquehanna International Group's Q3 2013 Portfolio in Review
As of Q3 2013, Susquehanna International Group held 9,320 positions worth $189B, up 7.4% from $176B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- Susquehanna International Group's largest Q3 2013 buy was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M.
- Susquehanna International Group added most to iShares 20+ Year Treasury Bond ETF in Q3 2013, an estimated $607M increase.
- Susquehanna International Group's biggest Q3 2013 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.73B.
- Susquehanna International Group fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $41.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $189B portfolio in Q3 2013.
- Susquehanna International Group opened 1,211 new positions and closed 982 in Q3 2013.
- Susquehanna International Group's portfolio value rose 7.4% quarter-over-quarter to $189B.
Based on Susquehanna International Group's 13F filing for Q3 2013, filed 13 Nov 2013.