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 | Technology | 3.55% |
| 2 | Financials | 1.77% |
| 3 | Consumer Discretionary | 1.54% |
| 4 | Energy | 1.43% |
| 5 | Healthcare | 1.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TOO
2301
CALL
DELISTED
Teekay Offshore Partners L.P.
TOO
| $8.04M | ﹤0.01% |
243,100
+134,600
| +124% | +$4.4M |
|
2302
PUT
Ventas
VTR
$47.2B
| $8.04M | ﹤0.01% |
122,948
+46,149
| +60% | +$3.21M |
|
2303
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $8.02M | ﹤0.01% |
86,420
-59,225
| -41% | -$5.77M |
|
|
STJ
2304
CALL
DELISTED
St Jude Medical
STJ
| $8.02M | ﹤0.01% |
129,400
-68,500
| -35% | -$3.97M |
|
|
JKS
2305
PUT
JinkoSolar
JKS
$886M
| $8.01M | ﹤0.01% |
273,400
+96,100
| +54% | +$2.58M |
|
|
WNR
2306
DELISTED
Western Refining Inc
WNR
| $8M | ﹤0.01% |
188,698
-91,002
| -33% | -$3.27M |
|
|
LHO
2307
DELISTED
LaSalle Hotel Properties
LHO
| $8M | ﹤0.01% |
259,267
+250,265
| +2,780% | +$7.65M |
|
2308
CSX Corp
CSX
$92.8B
| $7.99M | ﹤0.01% |
832,671
+303,639
| +57% | +$2.72M |
|
2309
PUT
Lear
LEA
$8.05B
| $7.96M | ﹤0.01% |
98,300
-1,100,900
| -92% | -$86.1M |
|
|
TECD
2310
DELISTED
Tech Data Corp
TECD
| $7.95M | ﹤0.01% |
154,002
+15,787
| +11% | +$808K |
|
|
CA
2311
DELISTED
CA, Inc.
CA
| $7.94M | ﹤0.01% |
235,907
-1,087
| -0.5% | -$34.5K |
|
|
RFMD
2312
DELISTED
RF MICRO DEVICES INC
RFMD
| $7.93M | ﹤0.01% |
1,536,298
+1,250,979
| +438% | +$6.71M |
|
2313
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $7.93M | ﹤0.01% |
190,164
-21,678
| -10% | -$879K |
|
|
AUY
2314
CALL
DELISTED
Yamana Gold, Inc.
AUY
| $7.93M | ﹤0.01% |
919,500
+277,300
| +43% | +$2.56M |
|
2315
Cboe Global Markets
CBOE
$29.8B
| $7.92M | ﹤0.01% |
152,520
+123,020
| +417% | +$6.2M |
|
|
PCL
2316
PUT
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $7.91M | ﹤0.01% |
170,100
+74,700
| +78% | +$3.42M |
|
|
MXIM
2317
CALL
DELISTED
Maxim Integrated Products
MXIM
| $7.91M | ﹤0.01% |
283,400
-52,000
| -16% | -$1.5M |
|
|
ULTI
2318
CALL
DELISTED
Ultimate Software Group Inc
ULTI
| $7.91M | ﹤0.01% |
51,600
-26,300
| -34% | -$3.97M |
|
|
LEAP
2319
DELISTED
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
| $7.9M | ﹤0.01% |
453,878
+424,614
| +1,451% | +$6.98M |
|
2320
Boston Properties
BXP
$10.8B
| $7.9M | ﹤0.01% |
78,673
-49,270
| -39% | -$5.1M |
|
|
NGD
2321
DELISTED
New Gold Inc
NGD
| $7.89M | ﹤0.01% |
1,505,549
+887,798
| +144% | +$4.83M |
|
|
CHMT
2322
DELISTED
Chemtura Corporation
CHMT
| $7.88M | ﹤0.01% |
282,073
+39,962
| +17% | +$1M |
|
2323
PUT
Jabil
JBL
$35.3B
| $7.87M | ﹤0.01% |
451,500
+222,600
| +97% | +$4.52M |
|
2324
Children's Place
PLCE
$58.3M
| $7.87M | ﹤0.01% |
+138,136
| New | +$7.49M |
|
|
NSR
2325
PUT
DELISTED
Neustar Inc
NSR
| $7.87M | ﹤0.01% |
157,800
-126,600
| -45% | -$6.09M |
|
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 deployed $9.58B of net new capital in Q4 2013, opening 1,544 new positions and adding to 3,872 existing holdings. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, down from 3.9% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $889M trimmed.
- 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.