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 |
Alphabet (Google) Class C
GOOG
|
+$726M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$599M |
| 3 |
Apple
AAPL
|
+$578M |
| 4 |
Meta Platforms (Facebook)
META
|
+$328M |
| 5 |
American Airlines Group
AAL
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 2 |
Gilead Sciences
GILD
|
+$392M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$285M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$225M |
| 5 |
Intel
INTC
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Consumer Discretionary | 2.14% |
| 3 | Financials | 1.65% |
| 4 | Communication Services | 1.58% |
| 5 | Healthcare | 1.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FITB
2001
CALL
Fifth Third Bancorp
FITB
$51.8B
| $9.86M | ﹤0.01% |
473,500
-10,100
| -2% | -$205K |
|
2002
iShares MSCI Australia ETF
EWA
$1.47B
| $9.84M | ﹤0.01% |
467,960
+263,416
| +129% | +$6M |
|
2003
PUT
POSCO
PKX
$17.7B
| $9.84M | ﹤0.01% |
200,400
+75,000
| +60% | +$4.16M |
|
2004
CALL
Intuit
INTU
$91.5B
| $9.84M | ﹤0.01% |
97,600
-77,900
| -44% | -$7.95M |
|
2005
Perrigo
PRGO
$1.75B
| $9.84M | ﹤0.01% |
53,211
+3,088
| +6% | +$589K |
|
2006
PUT
iShares MSCI Canada ETF
EWC
$6.48B
| $9.8M | ﹤0.01% |
367,100
-306,500
| -46% | -$8.67M |
|
2007
PUT
OneSpan
OSPN
$603M
| $9.8M | ﹤0.01% |
324,600
+62,700
| +24% | +$1.7M |
|
2008
CALL
Acuity Brands
AYI
$10.6B
| $9.79M | ﹤0.01% |
54,400
+16,100
| +42% | +$2.83M |
|
2009
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $9.78M | ﹤0.01% |
114,560
+55,600
| +94% | +$4.36M |
|
2010
CALL
Fossil Group
FOSL
$317M
| $9.77M | ﹤0.01% |
140,900
-78,200
| -36% | -$6.07M |
|
2011
PUT
Edwards Lifesciences
EW
$53B
| $9.77M | ﹤0.01% |
411,600
+82,800
| +25% | +$1.87M |
|
|
RDUS
2012
PUT
DELISTED
Radius Health, Inc.
RDUS
| $9.77M | ﹤0.01% |
+144,300
| New | +$6.72M |
|
|
LINE
2013
CALL
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $9.75M | ﹤0.01% |
1,056,100
-644,100
| -38% | -$7.53M |
|
2014
PUT
KKR & Co
KKR
$93.2B
| $9.74M | ﹤0.01% |
426,400
-333,800
| -44% | -$7.67M |
|
|
OKS
2015
PUT
DELISTED
Oneok Partners LP
OKS
| $9.74M | ﹤0.01% |
286,500
+208,400
| +267% | +$8.24M |
|
|
DFS
2016
DELISTED
Discover Financial Services
DFS
| $9.73M | ﹤0.01% |
168,943
+56,215
| +50% | +$3.3M |
|
|
SFUN
2017
CALL
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $9.72M | ﹤0.01% |
23,110
+11,892
| +106% | +$4.74M |
|
2018
CALL
Banco Macro
BMA
$5.38B
| $9.71M | ﹤0.01% |
212,300
+121,700
| +134% | +$6.46M |
|
2019
CALL
Vanguard FTSE Europe ETF
VGK
$31B
| $9.71M | ﹤0.01% |
179,900
-119,600
| -40% | -$6.77M |
|
|
NMBL
2020
DELISTED
Nimble Storage, Inc.
NMBL
| $9.7M | ﹤0.01% |
345,571
+327,172
| +1,778% | +$8.54M |
|
2021
ArcelorMittal
MT
$55.7B
| $9.67M | ﹤0.01% |
435,281
+104,714
| +32% | +$2.52M |
|
|
ONIT
2022
Onity Group
ONIT
$323M
| $9.67M | ﹤0.01% |
63,221
+62,422
| +7,813% | +$9.08M |
|
2023
PUT
InterDigital
IDCC
$8.99B
| $9.67M | ﹤0.01% |
170,000
-17,600
| -9% | -$982K |
|
2024
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$598M
| $9.67M | ﹤0.01% |
4,233
-2,842
| -40% | -$6.76M |
|
|
NTI
2025
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $9.67M | ﹤0.01% |
406,811
+54,220
| +15% | +$1.35M |
|
Similar funds
Susquehanna International Group's Q2 2015 Portfolio in Review
As of Q2 2015, Susquehanna International Group held 10,941 positions worth $235B, up 6.8% from $220B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $12.9B of net new capital in Q2 2015, opening 1,599 new positions and adding to 4,693 existing holdings. Its largest new stake was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.17B trimmed.
- Susquehanna International Group's largest Q2 2015 buy was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
- Susquehanna International Group added most to Alphabet (Google) Class C in Q2 2015, an estimated $726M increase.
- Susquehanna International Group's biggest Q2 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.17B.
- Susquehanna International Group fully exited ACTAVIS PLC Pfd Conv Ser A (Irl) in Q2 2015, selling an estimated $41.7M.
- Susquehanna International Group's ten largest holdings make up 24% of its $235B portfolio in Q2 2015.
- Susquehanna International Group opened 1,599 new positions and closed 888 in Q2 2015.
- Susquehanna International Group's portfolio value rose 6.8% quarter-over-quarter to $235B.
Based on Susquehanna International Group's 13F filing for Q2 2015, filed 14 Aug 2015.