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
|
+$580M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$256M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$200M |
| 4 |
Cheniere Energy
LNG
|
+$147M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$889M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$332M |
| 3 |
HIG.WS
Hartford Financial Services Grp
HIG.WS
|
+$329M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$231M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 85.89% |
| 2 | Technology | 3.62% |
| 3 | Financials | 1.79% |
| 4 | Consumer Discretionary | 1.58% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2001
iShares Agency Bond ETF
AGZ
$633M
| $10.4M | ﹤0.01% |
+94,169
| New | +$10.5M |
2013 Q4
0 quarters
|
|
2002
State Street SPDR S&P China ETF
GXC
$454M
| $10.4M | ﹤0.01% |
133,315
+69,283
| +108% | +$5.31M |
2013 Q2
2 quarters
|
|
|
ZNGA
2003
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $10.4M | ﹤0.01% |
2,734,700
+169,000
| +7% | +$654K |
2013 Q2
2 quarters
|
|
2004
CALL
TJX Companies
TJX
$149B
| $10.4M | ﹤0.01% |
326,000
+117,600
| +56% | +$3.56M |
2013 Q2
2 quarters
|
|
2005
PUT
Stryker
SYK
$108B
| $10.4M | ﹤0.01% |
138,100
-27,800
| -17% | -$2.03M |
2013 Q2
2 quarters
|
|
|
SA
2006
PUT
Seabridge Gold
SA
$2.93B
| $10.4M | ﹤0.01% |
1,421,400
+462,900
| +48% | +$3.89M |
2013 Q2
2 quarters
|
|
2007
PUT
Interactive Brokers
IBKR
$40.7B
| $10.4M | ﹤0.01% |
1,704,400
+232,000
| +16% | +$1.3M |
2013 Q2
2 quarters
|
|
2008
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$738M
| $10.4M | ﹤0.01% |
+212,104
| New | +$10.5M |
2013 Q4
0 quarters
|
|
2009
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$223M
| $10.4M | ﹤0.01% |
382
-791
| -67% | -$25.3M |
2013 Q2
2 quarters
|
|
2010
CALL
Illinois Tool Works
ITW
$75.7B
| $10.3M | ﹤0.01% |
122,900
-153,400
| -56% | -$12.1M |
2013 Q2
2 quarters
|
|
2011
CALL
Quest Diagnostics
DGX
$25.3B
| $10.3M | ﹤0.01% |
192,800
+54,500
| +39% | +$3.23M |
2013 Q2
2 quarters
|
|
2012
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.6B
| $10.3M | ﹤0.01% |
308,828
-238,968
| -44% | -$7.6M |
2013 Q2
2 quarters
|
|
|
CA
2013
CALL
DELISTED
CA, Inc.
CA
| $10.3M | ﹤0.01% |
306,600
-119,300
| -28% | -$3.79M |
2013 Q2
2 quarters
|
|
2014
PUT
Celanese
CE
$5.01B
| $10.3M | ﹤0.01% |
186,500
-32,300
| -15% | -$1.79M |
2013 Q2
2 quarters
|
|
|
ANN
2015
DELISTED
ANN INC
ANN
| $10.3M | ﹤0.01% |
281,301
+255,308
| +982% | +$9.04M |
2013 Q2
2 quarters
|
|
|
TXI
2016
PUT
DELISTED
TEXAS INDUSTRIES INC
TXI
| $10.3M | ﹤0.01% |
149,500
+15,600
| +12% | +$917K |
2013 Q2
2 quarters
|
|
2017
Amdocs
DOX
$6.1B
| $10.3M | ﹤0.01% |
249,318
-129,335
| -34% | -$5.09M |
2013 Q2
2 quarters
|
|
|
ARG
2018
PUT
DELISTED
Airgas Inc
ARG
| $10.3M | ﹤0.01% |
91,800
-16,700
| -15% | -$1.82M |
2013 Q2
2 quarters
|
|
2019
Applied Materials
AMAT
$423B
| $10.3M | ﹤0.01% |
580,413
-101,617
| -15% | -$1.77M |
2013 Q2
2 quarters
|
|
|
GRMN
2020
Garmin
GRMN
$55B
| $10.3M | ﹤0.01% |
222,028
+114,631
| +107% | +$5.44M |
2013 Q2
2 quarters
|
|
|
PIR
2021
DELISTED
Pier 1 Imports, Inc.
PIR
| $10.2M | ﹤0.01% |
22,162
+18,942
| +588% | +$8.04M |
2013 Q2
2 quarters
|
|
2022
PUT
Gen Digital
GEN
$13.4B
| $10.2M | ﹤0.01% |
433,800
+55,900
| +15% | +$1.31M |
2013 Q2
2 quarters
|
|
2023
KB Home
KBH
$2.76B
| $10.2M | ﹤0.01% |
559,557
-241,321
| -30% | -$4.15M |
2013 Q2
2 quarters
|
|
2024
CALL
Pricesmart
PSMT
$5.34B
| $10.2M | ﹤0.01% |
88,500
+29,400
| +50% | +$3.31M |
2013 Q2
2 quarters
|
|
|
SPLK
2025
PUT
DELISTED
Splunk Inc
SPLK
| $10.2M | ﹤0.01% |
148,800
-69,300
| -32% | -$4.5M |
2013 Q2
2 quarters
|
|
Similar funds
Susquehanna International Group's Q4 2013 Portfolio in Review
As of Q4 2013, Susquehanna International Group held 9,880 positions worth $217B, up 15% from $189B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2013 filing shows 1,544 new, 3,872 increased, 3,399 reduced and 949 closed positions. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M. The largest sale was Apple, an estimated $889M.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 86% a quarter earlier, followed by Technology and Financials.
- Susquehanna International Group's largest Q4 2013 buy was American Airlines Group: 1,433,148 shares worth $36.2M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q4 2013, an estimated $580M increase.
- Susquehanna International Group's biggest Q4 2013 reduction was Apple, cutting an estimated $889M.
- Susquehanna International Group fully exited Hartford Financial Services Grp in Q4 2013, selling an estimated $329M.
- Susquehanna International Group's ten largest holdings make up 24% of its $217B portfolio in Q4 2013.
- Susquehanna International Group opened 1,544 new positions and closed 949 in Q4 2013.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $217B.
Based on Susquehanna International Group's 13F filing for Q4 2013, filed 13 Feb 2014.