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 | |
|---|---|---|---|---|---|---|
2401
CALL
AGNC Investment
AGNC
$12.9B
| $5.43M | ﹤0.01% |
313,000
-4,300
| -1% | -$78.1K |
|
2402
The GEO Group
GEO
$4.18B
| $5.43M | ﹤0.01% |
281,511
+162,750
| +137% | +$3.25M |
|
|
CEQP
2403
PUT
DELISTED
Crestwood Equity Partners LP
CEQP
| $5.42M | ﹤0.01% |
260,900
+238,830
| +1,082% | +$5.41M |
|
|
PRE
2404
PUT
DELISTED
PARTNERRE LTD
PRE
| $5.42M | ﹤0.01% |
38,800
-18,900
| -33% | -$2.63M |
|
2405
Unum
UNM
$14.2B
| $5.41M | ﹤0.01% |
162,578
+136,533
| +524% | +$4.71M |
|
2406
Bread Financial
BFH
$4.36B
| $5.41M | ﹤0.01% |
24,509
-3,861
| -14% | -$873K |
|
|
HPY
2407
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $5.41M | ﹤0.01% |
+57,054
| New | +$4.4M |
|
|
FISV
2408
CALL
Fiserv Inc
FISV
$28B
| $5.41M | ﹤0.01% |
118,200
+38,000
| +47% | +$1.78M |
|
2409
Ross Stores
ROST
$80.8B
| $5.4M | ﹤0.01% |
100,397
-148,775
| -60% | -$7.6M |
|
|
FOLD
2410
CALL
DELISTED
Amicus Therapeutics
FOLD
| $5.4M | ﹤0.01% |
556,700
+327,900
| +143% | +$2.95M |
|
|
CAVM
2411
CALL
DELISTED
Cavium, Inc.
CAVM
| $5.39M | ﹤0.01% |
82,100
-132,500
| -62% | -$8.94M |
|
2412
PUT
Global Payments
GPN
$22.7B
| $5.39M | ﹤0.01% |
83,600
+42,400
| +103% | +$2.86M |
|
2413
CALL
Align Technology
ALGN
$12.3B
| $5.39M | ﹤0.01% |
81,800
+30,700
| +60% | +$1.97M |
|
2414
Heron Therapeutics
HRTX
$61.3M
| $5.39M | ﹤0.01% |
201,732
-225,056
| -53% | -$6.02M |
|
2415
Nu Skin
NUS
$236M
| $5.38M | ﹤0.01% |
141,983
-29,185
| -17% | -$1.08M |
|
|
JUNO
2416
DELISTED
Juno Therapeutics, Inc.
JUNO
| $5.38M | ﹤0.01% |
122,259
-218,857
| -64% | -$10.9M |
|
|
SPWR
2417
DELISTED
SunPower Corporation Common Stock
SPWR
| $5.38M | ﹤0.01% |
273,492
+80,731
| +42% | +$1.35M |
|
2418
CALL
iShares Russell 1000 Value ETF
IWD
$84B
| $5.37M | ﹤0.01% |
54,900
+22,600
| +70% | +$2.24M |
|
2419
PUT
Genworth Financial
GNW
$3.7B
| $5.37M | ﹤0.01% |
1,439,600
+322,400
| +29% | +$1.49M |
|
2420
CALL
AngloGold Ashanti
AU
$49.3B
| $5.37M | ﹤0.01% |
755,800
-965,800
| -56% | -$7.37M |
|
2421
CALL
Boyd Gaming
BYD
$5.98B
| $5.36M | ﹤0.01% |
269,700
+211,200
| +361% | +$4.06M |
|
2422
Arch Capital
ACGL
$33.5B
| $5.35M | ﹤0.01% |
229,944
+13,209
| +6% | +$325K |
|
|
CAB
2423
CALL
DELISTED
Cabela's Inc
CAB
| $5.34M | ﹤0.01% |
114,300
-25,800
| -18% | -$1.14M |
|
2424
iShares Agency Bond ETF
AGZ
$564M
| $5.33M | ﹤0.01% |
47,106
+37,609
| +396% | +$4.27M |
|
2425
Church & Dwight Co
CHD
$24.4B
| $5.33M | ﹤0.01% |
125,556
-90,716
| -42% | -$3.89M |
|
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.