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 | |
|---|---|---|---|---|---|---|
|
LXK
2001
PUT
DELISTED
Lexmark Intl Inc
LXK
| $7.67M | ﹤0.01% |
236,400
+97,400
| +70% | +$3.19M |
|
|
DCP
2002
PUT
DELISTED
DCP Midstream, LP
DCP
| $7.67M | ﹤0.01% |
310,900
+17,000
| +6% | +$440K |
|
2003
CALL
Crown Holdings
CCK
$13.1B
| $7.66M | ﹤0.01% |
151,000
-16,000
| -10% | -$814K |
|
2004
Sturm, Ruger & Co
RGR
$594M
| $7.64M | ﹤0.01% |
128,243
+27,085
| +27% | +$1.52M |
|
2005
Take-Two Interactive
TTWO
$47.4B
| $7.64M | ﹤0.01% |
219,419
+5,258
| +2% | +$177K |
|
2006
CALL
Invesco
IVZ
$14B
| $7.62M | ﹤0.01% |
227,500
-5,300
| -2% | -$174K |
|
2007
PUT
Flowers Foods
FLO
$1.51B
| $7.62M | ﹤0.01% |
+354,400
| New | +$8.63M |
|
|
ADPT
2008
PUT
DELISTED
Adeptus Health Inc
ADPT
| $7.62M | ﹤0.01% |
139,700
+116,000
| +489% | +$7.4M |
|
|
ZNGA
2009
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $7.61M | ﹤0.01% |
2,838,997
-31,408
| -1% | -$79K |
|
|
ESV
2010
DELISTED
Ensco Rowan plc
ESV
| $7.61M | ﹤0.01% |
123,536
+82,821
| +203% | +$5.41M |
|
|
ALU
2011
CALL
DELISTED
Alcatel-Lucent
ALU
| $7.6M | ﹤0.01% |
1,985,100
-560,900
| -22% | -$2.17M |
|
2012
Zimmer Biomet
ZBH
$18.7B
| $7.6M | ﹤0.01% |
76,302
-29,288
| -28% | -$2.87M |
|
|
QVCGA
2013
PUT
DELISTED
QVC Group Inc Series A
QVCGA
| $7.6M | ﹤0.01% |
5,731
+4,833
| +538% | +$6.33M |
|
2014
CALL
Progressive
PGR
$124B
| $7.59M | ﹤0.01% |
238,800
+91,200
| +62% | +$2.9M |
|
2015
PUT
Cleveland-Cliffs
CLF
$7.13B
| $7.59M | ﹤0.01% |
4,804,900
-499,700
| -9% | -$1.23M |
|
|
SGI
2016
CALL
Somnigroup International
SGI
$13.6B
| $7.59M | ﹤0.01% |
430,800
-523,600
| -55% | -$9.96M |
|
2017
CALL
Ameriprise Financial
AMP
$49.2B
| $7.59M | ﹤0.01% |
71,300
+19,500
| +38% | +$2.18M |
|
|
GRUB
2018
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $7.58M | ﹤0.01% |
156,701
+119,889
| +326% | +$6.26M |
|
2019
PUT
Asbury Automotive
ABG
$3.78B
| $7.58M | ﹤0.01% |
112,400
+66,200
| +143% | +$5.04M |
|
2020
iShares MSCI Japan ETF
EWJ
$22.6B
| $7.57M | ﹤0.01% |
156,154
-1,183,225
| -88% | -$58.1M |
|
|
JASO
2021
CALL
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $7.57M | ﹤0.01% |
780,300
-36,600
| -4% | -$321K |
|
2022
CALL
Repligen
RGEN
$9.21B
| $7.56M | ﹤0.01% |
267,100
+231,900
| +659% | +$6.69M |
|
2023
PUT
AGNC Investment
AGNC
$12.8B
| $7.54M | ﹤0.01% |
435,100
-84,900
| -16% | -$1.54M |
|
|
MW
2024
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $7.54M | ﹤0.01% |
513,400
+6,100
| +1% | +$168K |
|
2025
Crown Castle
CCI
$31.3B
| $7.53M | ﹤0.01% |
87,146
+30,996
| +55% | +$2.63M |
|
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.