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 | |
|---|---|---|---|---|---|---|
|
TERP
2051
PUT
DELISTED
TerraForm Power, Inc
TERP
| $7.34M | ﹤0.01% |
583,600
+89,700
| +18% | +$1.28M |
|
|
SAVE
2052
DELISTED
Spirit Airlines, Inc.
SAVE
| $7.34M | ﹤0.01% |
184,227
+33,979
| +23% | +$1.38M |
|
2053
Lands' End
LE
$402M
| $7.34M | ﹤0.01% |
313,153
+54,181
| +21% | +$1.31M |
|
|
MIC
2054
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.34M | ﹤0.01% |
101,043
-18,945
| -16% | -$1.42M |
|
2055
CALL
Boston Scientific
BSX
$73.1B
| $7.33M | ﹤0.01% |
397,700
+212,400
| +115% | +$3.81M |
|
2056
CALL
Targa Resources
TRGP
$57.1B
| $7.33M | ﹤0.01% |
270,700
+45,400
| +20% | +$2.01M |
|
2057
LyondellBasell Industries
LYB
$20.2B
| $7.31M | ﹤0.01% |
84,110
+9,943
| +13% | +$915K |
|
|
AKRX
2058
CALL
DELISTED
Akorn Inc
AKRX
| $7.31M | ﹤0.01% |
195,900
+68,800
| +54% | +$2.15M |
|
2059
PUT
Neurocrine Biosciences
NBIX
$16.8B
| $7.3M | ﹤0.01% |
129,000
-79,000
| -38% | -$4.02M |
|
2060
Icahn Enterprises
IEP
$5.28B
| $7.3M | ﹤0.01% |
119,030
-4,277
| -3% | -$310K |
|
2061
PUT
Agios Pharmaceuticals
AGIO
$1.95B
| $7.28M | ﹤0.01% |
112,100
-13,300
| -11% | -$872K |
|
|
PCL
2062
PUT
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $7.28M | ﹤0.01% |
152,500
+54,300
| +55% | +$2.46M |
|
|
ADT
2063
PUT
DELISTED
ADT Corp
ADT
| $7.28M | ﹤0.01% |
220,600
-30,600
| -12% | -$1.03M |
|
2064
CALL
Manhattan Associates
MANH
$11.4B
| $7.27M | ﹤0.01% |
109,900
+34,000
| +45% | +$2.42M |
|
2065
iShares S&P 500 Growth ETF
IVW
$77.4B
| $7.26M | ﹤0.01% |
+250,860
| New | +$7.29M |
|
2066
PUT
SM Energy
SM
$7.55B
| $7.26M | ﹤0.01% |
369,100
+89,200
| +32% | +$2.72M |
|
2067
PUT
Vail Resorts
MTN
$5.21B
| $7.24M | ﹤0.01% |
56,600
+25,800
| +84% | +$3.03M |
|
2068
Flex
FLEX
$44.2B
| $7.24M | ﹤0.01% |
856,723
+318,554
| +59% | +$2.69M |
|
|
AUY
2069
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $7.23M | ﹤0.01% |
3,888,200
+138,000
| +4% | +$288K |
|
2070
PUT
Helmerich & Payne
HP
$4.18B
| $7.2M | ﹤0.01% |
134,400
-179,500
| -57% | -$9.93M |
|
2071
Ameriprise Financial
AMP
$49.2B
| $7.18M | ﹤0.01% |
67,446
+48,297
| +252% | +$5.4M |
|
|
STJ
2072
DELISTED
St Jude Medical
STJ
| $7.18M | ﹤0.01% |
116,196
+26,090
| +29% | +$1.65M |
|
2073
AES
AES
$10.5B
| $7.17M | ﹤0.01% |
749,831
+660,469
| +739% | +$6.62M |
|
|
TFCF
2074
PUT
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $7.17M | ﹤0.01% |
263,500
+18,800
| +8% | +$552K |
|
2075
PUT
Roper Technologies
ROP
$39.9B
| $7.17M | ﹤0.01% |
37,800
+500
| +1% | +$91.6K |
|
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.