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 | |
|---|---|---|---|---|---|---|
|
LNCO
2076
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $9.38M | ﹤0.01% |
904,494
+493,271
| +120% | +$9.47M |
|
2077
Raymond James Financial
RJF
$34.5B
| $9.37M | ﹤0.01% |
245,240
+24,131
| +11% | +$885K |
|
2078
PUT
Johnson Controls International
JCI
$91.3B
| $9.36M | ﹤0.01% |
184,888
-22,538
| -11% | -$1.1M |
|
2079
PUT
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $9.35M | ﹤0.01% |
302,800
+171,200
| +130% | +$5.16M |
|
|
TARO
2080
PUT
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $9.35M | ﹤0.01% |
63,100
+55,100
| +689% | +$8.1M |
|
2081
CALL
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $9.34M | ﹤0.01% |
319,000
-430,500
| -57% | -$12.1M |
|
2082
PUT
Targa Resources
TRGP
$57.1B
| $9.33M | ﹤0.01% |
88,000
+74,500
| +552% | +$8.62M |
|
2083
CALL
Boston Beer
SAM
$1.86B
| $9.32M | ﹤0.01% |
32,200
-27,600
| -46% | -$6.99M |
|
2084
CALL
Tronox
TROX
$993M
| $9.32M | ﹤0.01% |
390,100
-77,300
| -17% | -$1.79M |
|
|
SFLY
2085
DELISTED
Shutterfly, Inc.
SFLY
| $9.32M | ﹤0.01% |
223,436
-7,633
| -3% | -$325K |
|
2086
Ubiquiti
UI
$34.5B
| $9.31M | ﹤0.01% |
314,283
-121,336
| -28% | -$3.87M |
|
|
RDS.B
2087
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $9.31M | ﹤0.01% |
133,800
-135,500
| -50% | -$9.77M |
|
2088
CALL
Murphy Oil
MUR
$5.09B
| $9.3M | ﹤0.01% |
184,100
-185,600
| -50% | -$9.5M |
|
2089
Newell Brands
NWL
$2.51B
| $9.3M | ﹤0.01% |
244,168
+58,127
| +31% | +$2.05M |
|
2090
PUT
ProShares UltraPro Short S&P 500
SPXU
$384M
| $9.29M | ﹤0.01% |
610
+201
| +49% | +$3.39M |
|
2091
CALL
NewMarket
NEU
$8.37B
| $9.28M | ﹤0.01% |
23,000
+2,000
| +10% | +$771K |
|
2092
PUT
Clean Harbors
CLH
$16.4B
| $9.27M | ﹤0.01% |
192,900
+159,800
| +483% | +$7.79M |
|
|
FTR
2093
DELISTED
Frontier Communications Corp.
FTR
| $9.26M | ﹤0.01% |
92,599
-9,391
| -9% | -$921K |
|
2094
CALL
Mohawk Industries
MHK
$9.19B
| $9.26M | ﹤0.01% |
59,600
+36,800
| +161% | +$5.29M |
|
2095
CALL
Alto Ingredients
ALTO
$328M
| $9.25M | ﹤0.01% |
895,300
-447,500
| -33% | -$5.46M |
|
2096
CALL
Icahn Enterprises
IEP
$5.28B
| $9.25M | ﹤0.01% |
100,000
+20,400
| +26% | +$2.06M |
|
2097
PUT
ProShares UltraShort Russell2000
TWM
$41.7M
| $9.24M | ﹤0.01% |
11,655
-1,055
| -8% | -$938K |
|
2098
PUT
iShares MSCI Australia ETF
EWA
$1.47B
| $9.23M | ﹤0.01% |
416,400
-14,800
| -3% | -$352K |
|
2099
CALL
Trane Technologies
TT
$105B
| $9.22M | ﹤0.01% |
145,500
-94,900
| -39% | -$5.8M |
|
2100
CALL
Strategy Inc
MSTR
$38.3B
| $9.21M | ﹤0.01% |
567,000
-138,000
| -20% | -$2.18M |
|
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.