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 | |
|---|---|---|---|---|---|---|
|
XL
2001
DELISTED
XL Group Ltd.
XL
| $10.1M | ﹤0.01% |
292,553
+43,010
| +17% | +$1.47M |
|
2002
CALL
Advance Auto Parts
AAP
$3.36B
| $10.1M | ﹤0.01% |
63,100
-155,800
| -71% | -$22.9M |
|
|
QEP
2003
PUT
DELISTED
QEP RESOURCES, INC.
QEP
| $10M | ﹤0.01% |
496,500
-899,300
| -64% | -$21M |
|
2004
PUT
Quest Diagnostics
DGX
$26.2B
| $10M | ﹤0.01% |
149,600
-70,500
| -32% | -$4.45M |
|
2005
Lennar Class A
LEN
$20.6B
| $10M | ﹤0.01% |
234,988
-716,970
| -75% | -$29.7M |
|
2006
CALL
Analog Devices
ADI
$187B
| $10M | ﹤0.01% |
180,400
+48,800
| +37% | +$2.49M |
|
2007
PUT
United Parks & Resorts
PRKS
$2.07B
| $10M | ﹤0.01% |
559,500
-52,300
| -9% | -$919K |
|
2008
Cenovus Energy
CVE
$54.5B
| $10M | ﹤0.01% |
485,625
+423,448
| +681% | +$9.75M |
|
2009
CALL
Helmerich & Payne
HP
$4.18B
| $10M | ﹤0.01% |
148,500
+32,300
| +28% | +$2.52M |
|
2010
Manhattan Associates
MANH
$11.4B
| $10M | ﹤0.01% |
245,773
+87,273
| +55% | +$3.34M |
|
2011
PUT
Eagle Materials
EXP
$6.47B
| $10M | ﹤0.01% |
131,600
+98,500
| +298% | +$8.33M |
|
2012
Cheesecake Factory
CAKE
$5.53B
| $9.96M | ﹤0.01% |
197,927
+54,827
| +38% | +$2.59M |
|
2013
CALL
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $9.95M | ﹤0.01% |
481,000
-1,098,600
| -70% | -$22.3M |
|
2014
Take-Two Interactive
TTWO
$47.4B
| $9.94M | ﹤0.01% |
354,678
-59,018
| -14% | -$1.51M |
|
2015
CALL
J.M. Smucker
SJM
$12.6B
| $9.94M | ﹤0.01% |
98,400
+15,600
| +19% | +$1.58M |
|
2016
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $9.93M | ﹤0.01% |
162,385
-638,015
| -80% | -$43.8M |
|
2017
CALL
iShares Russell 2000 Growth ETF
IWO
$14.9B
| $9.92M | ﹤0.01% |
69,700
-99,500
| -59% | -$13.5M |
|
|
MW
2018
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $9.92M | ﹤0.01% |
224,700
+141,300
| +169% | +$6.37M |
|
|
CTXS
2019
DELISTED
Citrix Systems Inc
CTXS
| $9.91M | ﹤0.01% |
195,114
-164,077
| -46% | -$8.48M |
|
2020
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$157M
| $9.91M | ﹤0.01% |
107,975
-56,725
| -34% | -$5.66M |
|
2021
CALL
Genuine Parts
GPC
$18.5B
| $9.9M | ﹤0.01% |
92,900
-56,300
| -38% | -$5.52M |
|
|
2022
PUT
Cenovus Energy
CVE
$54.5B
| $9.9M | ﹤0.01% |
479,900
+440,100
| +1,106% | +$10.1M |
|
|
AMJ
2023
PUT
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $9.89M | ﹤0.01% |
215,300
+133,100
| +162% | +$6.51M |
|
2024
PUT
Cimpress
CMPR
$2.29B
| $9.89M | ﹤0.01% |
132,100
+80,100
| +154% | +$5.2M |
|
2025
Plains All American Pipeline
PAA
$16.4B
| $9.88M | ﹤0.01% |
192,617
+169,215
| +723% | +$8.99M |
|
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.