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 | |
|---|---|---|---|---|---|---|
2026
PUT
Entergy
ETR
$49.3B
| $9.87M | ﹤0.01% |
225,600
+71,800
| +47% | +$2.98M |
|
|
HOUS
2027
DELISTED
Anywhere Real Estate
HOUS
| $9.86M | ﹤0.01% |
221,584
-320,277
| -59% | -$13.3M |
|
2028
IAMGOLD
IAG
$10.5B
| $9.86M | ﹤0.01% |
3,650,434
+2,373,566
| +186% | +$5.49M |
|
2029
Fluor
FLR
$6.99B
| $9.84M | ﹤0.01% |
162,215
-121,900
| -43% | -$7.71M |
|
2030
CALL
Mattel
MAT
$4.21B
| $9.83M | ﹤0.01% |
317,800
-371,200
| -54% | -$11.4M |
|
2031
Healthpeak Properties
DOC
$14.4B
| $9.82M | ﹤0.01% |
244,986
+77,476
| +46% | +$3.07M |
|
|
WPZ
2032
PUT
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $9.8M | ﹤0.01% |
232,579
+65,390
| +39% | +$3.07M |
|
2033
CALL
Apollo Global Management
APO
$76B
| $9.78M | ﹤0.01% |
414,800
+77,200
| +23% | +$1.78M |
|
|
AUY
2034
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $9.77M | ﹤0.01% |
2,429,800
-92,000
| -4% | -$417K |
|
|
IMVP
2035
Invesco India ETF
IMVP
$108M
| $9.77M | ﹤0.01% |
465,257
-134,107
| -22% | -$2.92M |
|
2036
Southern Company
SO
$105B
| $9.76M | ﹤0.01% |
198,735
-223,692
| -53% | -$10.6M |
|
2037
Tenet Healthcare
THC
$20.9B
| $9.76M | ﹤0.01% |
192,582
+186,124
| +2,882% | +$9.73M |
|
2038
PUT
NCR Voyix
VYX
$1.09B
| $9.75M | ﹤0.01% |
545,398
+91,932
| +20% | +$1.61M |
|
2039
Cemex
CX
$16.3B
| $9.75M | ﹤0.01% |
1,075,916
-74,868
| -7% | -$778K |
|
|
GAP
2040
The Gap Inc
GAP
$7.74B
| $9.74M | ﹤0.01% |
231,356
-324,943
| -58% | -$12.7M |
|
|
LKM
2041
CALL
DELISTED
Link Motion Inc.
LKM
| $9.74M | ﹤0.01% |
2,490,300
+1,003,100
| +67% | +$6.74M |
|
|
CIE
2042
CALL
DELISTED
Cobalt International Energy, Inc
CIE
| $9.73M | ﹤0.01% |
72,987
+18,080
| +33% | +$2.75M |
|
2043
CALL
Rockwell Automation
ROK
$48.3B
| $9.73M | ﹤0.01% |
87,500
-87,000
| -50% | -$9.54M |
|
2044
PUT
iShares Semiconductor ETF
SOXX
$44.8B
| $9.73M | ﹤0.01% |
314,100
+81,300
| +35% | +$2.38M |
|
2045
CALL
Acadia Pharmaceuticals
ACAD
$5.06B
| $9.72M | ﹤0.01% |
306,300
-467,000
| -60% | -$13.2M |
|
2046
Douglas Emmett
DEI
$1.93B
| $9.72M | ﹤0.01% |
342,192
+14,020
| +4% | +$386K |
|
2047
PUT
State Street SPDR Dow Jones REIT ETF
RWR
$1.87B
| $9.7M | ﹤0.01% |
106,700
+17,800
| +20% | +$1.56M |
|
2048
CALL
Vanguard S&P 500 ETF
VOO
$1.03T
| $9.69M | ﹤0.01% |
51,400
+32,200
| +168% | +$5.94M |
|
2049
Intercontinental Exchange
ICE
$84.5B
| $9.68M | ﹤0.01% |
220,595
-512,290
| -70% | -$22M |
|
2050
Cimpress
CMPR
$2.3B
| $9.67M | ﹤0.01% |
129,262
+121,878
| +1,651% | +$7.91M |
|
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.