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 20+ Year Treasury Bond ETF
TLT
|
+$607M |
| 2 |
Apple
AAPL
|
+$361M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$214M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$208M |
| 5 |
Intel
INTC
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.73B |
| 2 |
Pfizer
PFE
|
+$887M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$696M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$433M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.86% |
| 2 | Financials | 1.7% |
| 3 | Consumer Discretionary | 1.45% |
| 4 | Energy | 1.26% |
| 5 | Healthcare | 1.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Eagle Materials
EXP
$6.47B
| $6.25M | ﹤0.01% |
86,116
-38,826
| -31% | -$2.64M |
|
2402
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.2B
| $6.24M | ﹤0.01% |
179,520
-61,784
| -26% | -$2.1M |
|
2403
CALL
Jefferies Financial Group
JEF
$12.8B
| $6.24M | ﹤0.01% |
256,046
-14,299
| -5% | -$342K |
|
|
WCRX
2404
PUT
DELISTED
WARNER CHILCOTT PLC ORD SHS CL A (IRL)
WCRX
| $6.22M | ﹤0.01% |
272,400
-223,000
| -45% | -$4.72M |
|
2405
Enterprise Products Partners
EPD
$81.5B
| $6.22M | ﹤0.01% |
203,684
+76,180
| +60% | +$2.33M |
|
2406
Vanguard Real Estate ETF
VNQ
$38.3B
| $6.21M | ﹤0.01% |
93,876
-1,283,409
| -93% | -$87.2M |
|
2407
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.78B
| $6.2M | ﹤0.01% |
106,373
-96,831
| -48% | -$5.47M |
|
2408
Polaris
PII
$3.93B
| $6.2M | ﹤0.01% |
47,979
+43,949
| +1,091% | +$4.93M |
|
2409
Equity Residential
EQR
$24.6B
| $6.2M | ﹤0.01% |
115,681
-15,562
| -12% | -$858K |
|
2410
CALL
Pediatrix Medical
MD
$2.12B
| $6.2M | ﹤0.01% |
123,400
+68,800
| +126% | +$3.36M |
|
|
PX
2411
PUT
DELISTED
Praxair Inc
PX
| $6.19M | ﹤0.01% |
51,500
-44,700
| -46% | -$5.31M |
|
2412
PUT
Buckle
BKE
$2.39B
| $6.19M | ﹤0.01% |
117,259
+54,584
| +87% | +$2.88M |
|
2413
Middleby
MIDD
$5.65B
| $6.18M | ﹤0.01% |
88,803
-30,162
| -25% | -$1.94M |
|
|
WAC
2414
PUT
DELISTED
Walter Investment Mgt Corp
WAC
| $6.18M | ﹤0.01% |
156,400
-45,800
| -23% | -$1.76M |
|
2415
CALL
Supernus Pharmaceuticals
SUPN
$2.79B
| $6.18M | ﹤0.01% |
842,600
+606,400
| +257% | +$4.07M |
|
|
AFSI
2416
CALL
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $6.17M | ﹤0.01% |
316,140
+209,000
| +195% | +$3.89M |
|
2417
PUT
Ecolab
ECL
$79.9B
| $6.17M | ﹤0.01% |
62,500
-43,800
| -41% | -$4.07M |
|
2418
Steel Dynamics
STLD
$38B
| $6.15M | ﹤0.01% |
368,317
+27,415
| +8% | +$435K |
|
2419
Zimmer Biomet
ZBH
$18.6B
| $6.15M | ﹤0.01% |
77,123
-9,422
| -11% | -$742K |
|
2420
Dominion Energy
D
$59.1B
| $6.15M | ﹤0.01% |
98,367
-49,195
| -33% | -$2.92M |
|
2421
KKR & Co
KKR
$97.5B
| $6.14M | ﹤0.01% |
298,332
+157,266
| +111% | +$3.15M |
|
2422
CALL
Dillards
DDS
$10B
| $6.14M | ﹤0.01% |
78,400
+15,200
| +24% | +$1.23M |
|
2423
Equifax
EFX
$21.3B
| $6.13M | ﹤0.01% |
102,400
-35,504
| -26% | -$2.18M |
|
|
MTOR
2424
CALL
DELISTED
MERITOR, Inc.
MTOR
| $6.12M | ﹤0.01% |
778,400
+607,600
| +356% | +$4.7M |
|
2425
CALL
Vulcan Materials
VMC
$37.2B
| $6.11M | ﹤0.01% |
118,000
+56,800
| +93% | +$2.81M |
|
Similar funds
Susquehanna International Group's Q3 2013 Portfolio in Review
As of Q3 2013, Susquehanna International Group held 9,320 positions worth $189B, up 7.4% from $176B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- Susquehanna International Group's largest Q3 2013 buy was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M.
- Susquehanna International Group added most to iShares 20+ Year Treasury Bond ETF in Q3 2013, an estimated $607M increase.
- Susquehanna International Group's biggest Q3 2013 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.73B.
- Susquehanna International Group fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $41.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $189B portfolio in Q3 2013.
- Susquehanna International Group opened 1,211 new positions and closed 982 in Q3 2013.
- Susquehanna International Group's portfolio value rose 7.4% quarter-over-quarter to $189B.
Based on Susquehanna International Group's 13F filing for Q3 2013, filed 13 Nov 2013.