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
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.18% |
| 2 | Technology | 1.13% |
| 3 | Consumer Discretionary | 1.09% |
| 4 | Financials | 1.02% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MON
301
DELISTED
Monsanto Co
MON
| $111M | 0.06% |
982,162
-168,454
| -15% | -$18.6M |
|
|
TWX
302
CALL
DELISTED
Time Warner Inc
TWX
| $110M | 0.06% |
1,129,500
-165,100
| -13% | -$16M |
|
303
PUT
Northrop Grumman
NOC
$80.7B
| $110M | 0.06% |
463,400
+95,500
| +26% | +$22.7M |
|
304
PUT
lululemon athletica
LULU
$14.2B
| $110M | 0.06% |
2,122,700
+526,100
| +33% | +$34.6M |
|
305
CALL
Blackrock
BLK
$175B
| $110M | 0.06% |
286,500
+21,700
| +8% | +$8.3M |
|
306
PUT
Electronic Arts
EA
| $110M | 0.06% |
1,226,500
+831,300
| +210% | +$70.8M |
|
307
CALL
T-Mobile US
TMUS
$193B
| $110M | 0.06% |
1,698,100
-8,387,200
| -83% | -$516M |
|
308
PUT
Mastercard
MA
$505B
| $108M | 0.05% |
956,300
+155,400
| +19% | +$17M |
|
|
309
PUT
Blackrock
BLK
$175B
| $107M | 0.05% |
280,100
+29,700
| +12% | +$11.4M |
|
310
CALL
Delta Air Lines
DAL
$60.5B
| $107M | 0.05% |
2,329,600
-1,391,000
| -37% | -$67.9M |
|
311
CALL
American Tower
AMT
$79.8B
| $107M | 0.05% |
879,300
+82,400
| +10% | +$9.06M |
|
312
CALL
Agnico Eagle Mines
AEM
$85B
| $107M | 0.05% |
2,510,200
+1,279,600
| +104% | +$57.5M |
|
313
PUT
Advanced Micro Devices
AMD
$798B
| $106M | 0.05% |
7,264,600
-434,100
| -6% | -$5.51M |
|
314
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.6B
| $106M | 0.05% |
1,624,000
+657,400
| +68% | +$42.5M |
|
315
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.35B
| $105M | 0.05% |
2,048,800
+940,200
| +85% | +$47.9M |
|
|
AET
316
PUT
DELISTED
Aetna Inc
AET
| $105M | 0.05% |
820,900
-854,000
| -51% | -$107M |
|
317
CALL
Rio Tinto
RIO
$162B
| $105M | 0.05% |
2,573,600
+2,083,700
| +425% | +$88.5M |
|
318
CALL
United Airlines
UAL
$41.9B
| $104M | 0.05% |
1,476,600
-585,500
| -28% | -$42.3M |
|
319
PUT
Expedia Group
EXPE
$36.8B
| $104M | 0.05% |
823,400
-126,800
| -13% | -$15.5M |
|
320
CALL
Kimberly-Clark
KMB
$36.1B
| $104M | 0.05% |
787,700
+208,100
| +36% | +$26.2M |
|
|
321
PUT
Mondelez International
MDLZ
$80.1B
| $104M | 0.05% |
2,405,100
+90,800
| +4% | +$4.02M |
|
322
PUT
PepsiCo
PEP
$189B
| $103M | 0.05% |
924,100
-296,900
| -24% | -$31.9M |
|
323
CALL
ConocoPhillips
COP
$142B
| $103M | 0.05% |
2,071,500
-909,600
| -31% | -$44M |
|
324
PUT
Texas Instruments
TXN
$254B
| $103M | 0.05% |
1,279,400
+425,100
| +50% | +$32.9M |
|
325
PUT
SLB Ltd
SLB
$76.5B
| $102M | 0.05% |
1,309,800
-285,200
| -18% | -$23.3M |
|
Similar funds
Susquehanna International Group's Q1 2017 Portfolio in Review
As of Q1 2017, Susquehanna International Group held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Susquehanna International Group withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in iShares MSCI EAFE ETF worth $131M.
- Susquehanna International Group's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Susquehanna International Group's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Susquehanna International Group fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Susquehanna International Group's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Susquehanna International Group opened 1,488 new positions and closed 2,170 in Q1 2017.
- Susquehanna International Group's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.