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 |
Alphabet (Google) Class C
GOOG
|
+$726M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$599M |
| 3 |
Apple
AAPL
|
+$578M |
| 4 |
Meta Platforms (Facebook)
META
|
+$328M |
| 5 |
American Airlines Group
AAL
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 2 |
Gilead Sciences
GILD
|
+$392M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$285M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$225M |
| 5 |
Intel
INTC
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Consumer Discretionary | 2.14% |
| 3 | Financials | 1.65% |
| 4 | Communication Services | 1.58% |
| 5 | Healthcare | 1.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VAL
2401
DELISTED
Valspar
VAL
| $7.15M | ﹤0.01% |
87,399
+45,385
| +108% | +$3.8M |
|
2402
Norfolk Southern
NSC
$75.2B
| $7.15M | ﹤0.01% |
81,827
+16,198
| +25% | +$1.58M |
|
|
LTRPA
2403
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $7.15M | ﹤0.01% |
221,882
+186,050
| +519% | +$5.65M |
|
2404
CALL
Affiliated Managers Group
AMG
$9.48B
| $7.15M | ﹤0.01% |
32,700
-800
| -2% | -$178K |
|
|
SWN
2405
DELISTED
Southwestern Energy Company
SWN
| $7.14M | ﹤0.01% |
314,192
-207,350
| -40% | -$5.32M |
|
2406
Quest Diagnostics
DGX
$26.2B
| $7.13M | ﹤0.01% |
98,393
+26,956
| +38% | +$1.99M |
|
2407
PUT
Open Text
OTEX
$5.81B
| $7.13M | ﹤0.01% |
352,000
+41,800
| +13% | +$1.01M |
|
2408
PUT
Eagle Materials
EXP
$6.57B
| $7.13M | ﹤0.01% |
93,400
+7,700
| +9% | +$636K |
|
2409
Dana Inc
DAN
$3.27B
| $7.12M | ﹤0.01% |
345,973
+283,322
| +452% | +$6.13M |
|
2410
Prospect Capital
PSEC
$1.14B
| $7.12M | ﹤0.01% |
965,724
+611,750
| +173% | +$4.91M |
|
|
GLOG
2411
CALL
DELISTED
GASLOG LTD
GLOG
| $7.11M | ﹤0.01% |
356,400
-112,300
| -24% | -$2.37M |
|
|
AXLL
2412
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $7.1M | ﹤0.01% |
197,000
+86,500
| +78% | +$3.45M |
|
2413
Markel Group
MKL
$22.8B
| $7.1M | ﹤0.01% |
8,865
-1,395
| -14% | -$1.08M |
|
2414
PUT
Expeditors International
EXPD
$23B
| $7.09M | ﹤0.01% |
153,700
+40,600
| +36% | +$1.91M |
|
|
ZNGA
2415
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $7.07M | ﹤0.01% |
2,471,511
-7,642,374
| -76% | -$21.4M |
|
2416
Ashland
ASH
$3.42B
| $7.07M | ﹤0.01% |
118,480
+13,792
| +13% | +$859K |
|
|
MFRM
2417
CALL
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $7.06M | ﹤0.01% |
115,800
+50,700
| +78% | +$3.09M |
|
2418
CALL
Eversource Energy
ES
$26.8B
| $7.06M | ﹤0.01% |
155,400
+71,700
| +86% | +$3.48M |
|
2419
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $7.05M | ﹤0.01% |
96,900
+30,500
| +46% | +$2.31M |
|
2420
PUT
Dover
DOV
$28.1B
| $7.05M | ﹤0.01% |
124,419
-14,113
| -10% | -$840K |
|
2421
LyondellBasell Industries
LYB
$20.7B
| $7.05M | ﹤0.01% |
68,100
-22,230
| -25% | -$2.24M |
|
2422
CALL
Heron Therapeutics
HRTX
$61.3M
| $7.05M | ﹤0.01% |
226,200
-205,000
| -48% | -$3.86M |
|
2423
CALL
Raymond James Financial
RJF
$34.6B
| $7.04M | ﹤0.01% |
177,150
+43,350
| +32% | +$1.68M |
|
2424
IQVIA
IQV
$40.1B
| $7.02M | ﹤0.01% |
+96,708
| New | +$6.63M |
|
|
2425
PUT
IQVIA
IQV
$40.1B
| $7.02M | ﹤0.01% |
96,700
+61,200
| +172% | +$4.2M |
|
Similar funds
Susquehanna International Group's Q2 2015 Portfolio in Review
As of Q2 2015, Susquehanna International Group held 10,941 positions worth $235B, up 6.8% from $220B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $12.9B of net new capital in Q2 2015, opening 1,599 new positions and adding to 4,693 existing holdings. Its largest new stake was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.17B trimmed.
- Susquehanna International Group's largest Q2 2015 buy was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
- Susquehanna International Group added most to Alphabet (Google) Class C in Q2 2015, an estimated $726M increase.
- Susquehanna International Group's biggest Q2 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.17B.
- Susquehanna International Group fully exited ACTAVIS PLC Pfd Conv Ser A (Irl) in Q2 2015, selling an estimated $41.7M.
- Susquehanna International Group's ten largest holdings make up 24% of its $235B portfolio in Q2 2015.
- Susquehanna International Group opened 1,599 new positions and closed 888 in Q2 2015.
- Susquehanna International Group's portfolio value rose 6.8% quarter-over-quarter to $235B.
Based on Susquehanna International Group's 13F filing for Q2 2015, filed 14 Aug 2015.