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 | |
|---|---|---|---|---|---|---|
|
MNK
201
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $235M | 0.09% |
2,375,100
-954,100
| -29% | -$87.7M |
|
202
PUT
eBay
EBAY
$48.9B
| $234M | 0.09% |
9,926,928
-4,449,298
| -31% | -$101M |
|
203
CALL
iShares Biotechnology ETF
IBB
$9.53B
| $233M | 0.09% |
2,306,700
+241,200
| +12% | +$23.4M |
|
204
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$228M
| $232M | 0.09% |
1
-1
| -50% | -$164M |
|
205
Walmart Inc
WMT
$892B
| $230M | 0.09% |
8,045,379
+1,875,141
| +30% | +$50.7M |
|
206
CALL
Applied Materials
AMAT
$419B
| $230M | 0.09% |
9,218,300
+4,387,200
| +91% | +$99.1M |
|
207
PUT
3D Systems Corp
DDD
$588M
| $229M | 0.09% |
6,967,850
+1,245,600
| +22% | +$44.9M |
|
|
AGN
208
PUT
DELISTED
Allergan Inc
AGN
| $228M | 0.09% |
1,074,000
-141,500
| -12% | -$28.1M |
|
209
PUT
Bristol-Myers Squibb
BMY
$131B
| $227M | 0.09% |
3,838,000
-107,300
| -3% | -$6.05M |
|
210
iShares MSCI Brazil ETF
EWZ
$9.07B
| $225M | 0.09% |
6,157,549
+2,940,778
| +91% | +$119M |
|
211
CALL
United Airlines
UAL
$41.9B
| $224M | 0.09% |
3,344,400
+480,800
| +17% | +$26.6M |
|
212
PUT
Transocean
RIG
$5.71B
| $221M | 0.09% |
12,040,700
+5,293,500
| +78% | +$132M |
|
213
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$314M
| $218M | 0.09% |
4,702,200
-1,083,900
| -19% | -$55.2M |
|
214
PUT
Capri Holdings
CPRI
$1.72B
| $215M | 0.09% |
2,867,500
+529,000
| +23% | +$39.4M |
|
|
TIF
215
CALL
DELISTED
Tiffany & Co.
TIF
| $213M | 0.08% |
1,992,400
+1,673,300
| +524% | +$167M |
|
216
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
| $213M | 0.08% |
9,005,312
+6,963,706
| +341% | +$158M |
|
|
MON
217
PUT
DELISTED
Monsanto Co
MON
| $210M | 0.08% |
1,755,200
+333,700
| +23% | +$38.8M |
|
218
PUT
Vertex Pharmaceuticals
VRTX
$123B
| $208M | 0.08% |
1,752,500
-221,300
| -11% | -$24.9M |
|
219
Meta Platforms (Facebook)
META
$1.5T
| $207M | 0.08% |
2,656,395
+509,072
| +24% | +$38.9M |
|
220
PUT
Delta Air Lines
DAL
$60.5B
| $207M | 0.08% |
4,203,800
-1,159,200
| -22% | -$48.8M |
|
221
PUT
3M
MMM
$93.2B
| $207M | 0.08% |
1,503,372
-686,265
| -31% | -$88.1M |
|
222
PUT
FedEx
FDX
$74.7B
| $206M | 0.08% |
1,187,400
+181,100
| +18% | +$30.6M |
|
223
CALL
Avis
CAR
$4.89B
| $206M | 0.08% |
3,100,600
+2,251,400
| +265% | +$129M |
|
|
WFM
224
CALL
DELISTED
Whole Foods Market Inc
WFM
| $206M | 0.08% |
4,076,000
-175,200
| -4% | -$7.72M |
|
225
PUT
Costco
COST
$421B
| $205M | 0.08% |
1,446,000
+128,900
| +10% | +$17.5M |
|
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.