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 | |
|---|---|---|---|---|---|---|---|
2051
PUT
Zoetis
ZTS
$29.6B
| $10M | ﹤0.01% |
306,900
+34,100
| +13% | +$1.09M |
2013 Q2
2 quarters
|
|
2052
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.2B
| $10M | ﹤0.01% |
196,507
+11,258
| +6% | +$586K |
2013 Q2
2 quarters
|
|
|
TW
2053
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $9.99M | ﹤0.01% |
78,300
+64,218
| +456% | +$7.47M |
2013 Q3
1 quarter
|
|
|
EZCH
2054
PUT
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $9.99M | ﹤0.01% |
406,000
-311,000
| -43% | -$7.68M |
2013 Q2
2 quarters
|
|
|
ALXN
2055
DELISTED
Alexion Pharmaceuticals
ALXN
| $9.99M | ﹤0.01% |
75,049
-30,078
| -29% | -$3.61M |
2013 Q2
2 quarters
|
|
2056
CALL
Dover
DOV
$26.1B
| $9.98M | ﹤0.01% |
154,251
+47,737
| +45% | +$2.92M |
2013 Q2
2 quarters
|
|
|
DF
2057
DELISTED
Dean Foods Company
DF
| $9.98M | ﹤0.01% |
580,400
+31,413
| +6% | +$572K |
2013 Q2
2 quarters
|
|
2058
PUT
iShares MSCI Australia ETF
EWA
$1.21B
| $9.96M | ﹤0.01% |
408,800
-110,600
| -21% | -$2.83M |
2013 Q2
2 quarters
|
|
2059
PUT
IMAX
IMAX
$2.86B
| $9.95M | ﹤0.01% |
337,600
+244,900
| +264% | +$7.04M |
2013 Q2
2 quarters
|
|
2060
Lloyds Banking Group
LYG
$80.1B
| $9.95M | ﹤0.01% |
1,869,551
+422,769
| +29% | +$2.12M |
2013 Q2
2 quarters
|
|
2061
CALL
Vera Bradley
VRA
$143M
| $9.93M | ﹤0.01% |
413,100
-139,000
| -25% | -$3.19M |
2013 Q2
2 quarters
|
|
2062
H&R Block
HRB
$5.21B
| $9.93M | ﹤0.01% |
341,851
+29,948
| +10% | +$850K |
2013 Q2
2 quarters
|
|
2063
AutoZone
AZO
$47B
| $9.91M | ﹤0.01% |
20,738
-17,209
| -45% | -$7.72M |
2013 Q2
2 quarters
|
|
2064
PUT
Alliance Resource Partners
ARLP
$3.19B
| $9.89M | ﹤0.01% |
257,000
+92,200
| +56% | +$3.47M |
2013 Q2
2 quarters
|
|
|
2065
CALL
iShares MSCI Australia ETF
EWA
$1.21B
| $9.89M | ﹤0.01% |
405,900
-363,100
| -47% | -$9.28M |
2013 Q2
2 quarters
|
|
2066
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$106M
| $9.88M | ﹤0.01% |
2
| – | – |
2013 Q2
2 quarters
|
|
|
ITC
2067
DELISTED
ITC HOLDINGS CORP
ITC
| $9.88M | ﹤0.01% |
309,270
+218,616
| +241% | +$6.98M |
2013 Q2
2 quarters
|
|
|
ARUN
2068
PUT
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $9.88M | ﹤0.01% |
551,700
+111,900
| +25% | +$2.01M |
2013 Q2
2 quarters
|
|
2069
Albemarle
ALB
$12.5B
| $9.87M | ﹤0.01% |
155,748
+104,592
| +204% | +$6.94M |
2013 Q2
2 quarters
|
|
2070
PUT
Canadian Pacific Kansas City
CP
$74.7B
| $9.87M | ﹤0.01% |
326,000
-332,500
| -50% | -$9.58M |
2013 Q2
2 quarters
|
|
2071
PUT
Alaska Air
ALK
$4.51B
| $9.86M | ﹤0.01% |
268,800
+115,000
| +75% | +$4.09M |
2013 Q2
2 quarters
|
|
2072
CALL
Vanguard FTSE Europe ETF
VGK
$29.4B
| $9.85M | ﹤0.01% |
167,500
+101,100
| +152% | +$5.7M |
2013 Q2
2 quarters
|
|
2073
iShares Russell 3000 ETF
IWV
$20.6B
| $9.85M | ﹤0.01% |
88,980
+31,824
| +56% | +$3.38M |
2013 Q2
2 quarters
|
|
|
VVUS
2074
CALL
DELISTED
Vivus Inc
VVUS
| $9.83M | ﹤0.01% |
108,300
-58,850
| -35% | -$5.68M |
2013 Q2
2 quarters
|
|
2075
PUT
Align Technology
ALGN
$10.1B
| $9.83M | ﹤0.01% |
172,000
-104,300
| -38% | -$5.61M |
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.