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 | |
|---|---|---|---|---|---|---|
|
CBM
2076
PUT
DELISTED
Cambrex Corporation
CBM
| $7.17M | ﹤0.01% |
152,300
+84,900
| +126% | +$4.08M |
|
|
WR
2077
DELISTED
Westar Energy Inc
WR
| $7.17M | ﹤0.01% |
169,102
-6,285
| -4% | -$257K |
|
2078
Jabil
JBL
$35.3B
| $7.17M | ﹤0.01% |
307,748
+86,163
| +39% | +$2.05M |
|
2079
Lincoln National
LNC
$8.75B
| $7.16M | ﹤0.01% |
142,453
+40,462
| +40% | +$2.12M |
|
2080
CarMax
KMX
$8.34B
| $7.16M | ﹤0.01% |
132,618
+127,718
| +2,606% | +$7.29M |
|
2081
ALPS Strategic Income Fund
RIGS
$60.5M
| $7.13M | ﹤0.01% |
294,584
-337,103
| -53% | -$8.2M |
|
2082
CALL
ProShares Ultra NASDAQ Biotechnology
BIB
$88.2M
| $7.12M | ﹤0.01% |
99,600
+23,100
| +30% | +$1.54M |
|
|
SYT
2083
PUT
DELISTED
Syngenta Ag
SYT
| $7.09M | ﹤0.01% |
90,100
+56,800
| +171% | +$4.06M |
|
2084
Elevance Health
ELV
$86.2B
| $7.09M | ﹤0.01% |
50,837
-95,145
| -65% | -$13.1M |
|
|
PPS
2085
DELISTED
Post Properties
PPS
| $7.08M | ﹤0.01% |
119,724
-4,055
| -3% | -$240K |
|
|
CA
2086
DELISTED
CA, Inc.
CA
| $7.08M | ﹤0.01% |
247,974
+220,348
| +798% | +$6.19M |
|
2087
CALL
MGIC Investment
MTG
$6.21B
| $7.07M | ﹤0.01% |
800,600
-1,697,600
| -68% | -$15.9M |
|
2088
H&R Block
HRB
$5.82B
| $7.07M | ﹤0.01% |
212,178
-574,607
| -73% | -$20.4M |
|
2089
Equity Residential
EQR
$24.7B
| $7.06M | ﹤0.01% |
86,538
+1,274
| +1% | +$100K |
|
|
DATA
2090
DELISTED
Tableau Software, Inc.
DATA
| $7.06M | ﹤0.01% |
74,907
-223,960
| -75% | -$20.1M |
|
2091
CALL
Ally Financial
ALLY
$13.3B
| $7.05M | ﹤0.01% |
378,400
+14,300
| +4% | +$283K |
|
2092
PUT
Factset
FDS
$10.1B
| $7.04M | ﹤0.01% |
43,300
+20,400
| +89% | +$3.43M |
|
|
ASNA
2093
CALL
DELISTED
Ascena Retail Group, Inc.
ASNA
| $7.04M | ﹤0.01% |
35,725
+27,175
| +318% | +$6.41M |
|
2094
PUT
Ryder
R
$9.98B
| $7.03M | ﹤0.01% |
123,700
+56,900
| +85% | +$3.76M |
|
2095
PUT
iShares MSCI Canada ETF
EWC
$6.48B
| $7.02M | ﹤0.01% |
326,400
-152,700
| -32% | -$3.55M |
|
2096
Boston Scientific
BSX
$73.1B
| $7.01M | ﹤0.01% |
380,254
-3,376
| -0.9% | -$60.5K |
|
2097
PUT
Pilgrim's Pride
PPC
$6.31B
| $7M | ﹤0.01% |
316,900
+76,900
| +32% | +$1.57M |
|
2098
Pool Corp
POOL
$7.27B
| $7M | ﹤0.01% |
86,632
+7,749
| +10% | +$620K |
|
2099
Vanguard FTSE Pacific ETF
VPL
$8.36B
| $7M | ﹤0.01% |
123,428
-18,792
| -13% | -$1.08M |
|
|
FITB
2100
PUT
Fifth Third Bancorp
FITB
$51.8B
| $6.99M | ﹤0.01% |
347,900
+137,500
| +65% | +$2.72M |
|
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.