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 |
Apple
AAPL
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Consumer Discretionary | 1.45% |
| 3 | Financials | 1% |
| 4 | Healthcare | 0.88% |
| 5 | Communication Services | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
X
301
CALL
DELISTED
US Steel
X
| $117M | 0.05% |
5,297,200
-876,500
| -14% | -$20.8M |
|
302
CALL
Bausch Health
BHC
$2.58B
| $117M | 0.05% |
6,769,700
+3,570,500
| +112% | +$42.8M |
|
|
WBA
303
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $117M | 0.05% |
1,493,100
-562,100
| -27% | -$46.3M |
|
|
STRP
304
CALL
DELISTED
Straight Path Communications Inc.
STRP
| $117M | 0.05% |
649,300
+282,900
| +77% | +$43.1M |
|
305
CALL
Valero Energy
VLO
$90.1B
| $117M | 0.05% |
1,728,800
+359,000
| +26% | +$23.3M |
|
|
ANDV
306
CALL
DELISTED
Andeavor
ANDV
| $117M | 0.05% |
1,245,400
+731,000
| +142% | +$61.7M |
|
|
WBA
307
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $117M | 0.05% |
1,487,800
-363,600
| -20% | -$29.9M |
|
308
CALL
United Airlines
UAL
$39.4B
| $115M | 0.05% |
1,528,100
+51,500
| +3% | +$3.89M |
|
309
CALL
Teva Pharmaceuticals
TEVA
$40.8B
| $115M | 0.05% |
3,459,700
+1,969,500
| +132% | +$61M |
|
310
PUT
Target
TGT
$65.6B
| $115M | 0.05% |
2,194,900
-610,500
| -22% | -$33.4M |
|
311
PUT
ConocoPhillips
COP
$147B
| $115M | 0.05% |
2,610,100
+820,600
| +46% | +$38.3M |
|
312
PUT
Macy's
M
$6.53B
| $115M | 0.05% |
4,937,000
+678,600
| +16% | +$17.4M |
|
|
DD
313
CALL
DELISTED
Du Pont De Nemours E I
DD
| $115M | 0.05% |
1,420,700
-300,700
| -17% | -$24M |
|
314
Baidu
BIDU
$37.7B
| $114M | 0.05% |
639,001
-75,169
| -11% | -$13.6M |
|
315
CALL
Charter Communications
CHTR
$17.3B
| $114M | 0.05% |
339,200
-90,000
| -21% | -$30M |
|
316
PUT
Analog Devices
ADI
$179B
| $114M | 0.05% |
1,460,600
+1,267,400
| +656% | +$101M |
|
317
CALL
HCA Healthcare
HCA
$87.2B
| $112M | 0.05% |
1,285,600
-366,700
| -22% | -$31M |
|
|
318
PUT
United Airlines
UAL
$39.4B
| $112M | 0.05% |
1,484,700
+115,900
| +8% | +$8.75M |
|
|
TWX
319
PUT
DELISTED
Time Warner Inc
TWX
| $112M | 0.05% |
1,111,800
-68,400
| -6% | -$6.77M |
|
|
320
PUT
DuPont de Nemours
DD
$18.5B
| $111M | 0.05% |
693,569
-1,515,554
| -69% | -$241M |
|
321
CALL
Skyworks Solutions
SWKS
$9.37B
| $110M | 0.05% |
1,146,800
+148,300
| +15% | +$15.2M |
|
322
CALL
American International
AIG
$41.7B
| $110M | 0.05% |
1,757,100
-827,800
| -32% | -$51.5M |
|
|
SINA
323
DELISTED
Sina Corp
SINA
| $110M | 0.05% |
1,292,718
+300,435
| +30% | +$25.3M |
|
324
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $110M | 0.05% |
2,450,800
+706,200
| +40% | +$31.6M |
|
325
CALL
CarMax
KMX
$8.13B
| $109M | 0.05% |
1,735,000
+1,375,000
| +382% | +$83.1M |
|
Similar funds
Susquehanna International Group's Q2 2017 Portfolio in Review
As of Q2 2017, Susquehanna International Group held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Susquehanna International Group deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.1% 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 $353M trimmed.
- Susquehanna International Group's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Susquehanna International Group added most to Apple in Q2 2017, an estimated $781M increase.
- Susquehanna International Group's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Susquehanna International Group fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Susquehanna International Group's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Susquehanna International Group opened 1,702 new positions and closed 1,419 in Q2 2017.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.