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 | |
|---|---|---|---|---|---|---|
351
PUT
Viatris
VTRS
$19B
| $93.9M | 0.05% |
2,409,000
-272,900
| -10% | -$11M |
|
|
ESRX
352
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $93.4M | 0.05% |
1,417,300
+493,100
| +53% | +$33.9M |
|
353
CALL
Adobe
ADBE
$103B
| $93.3M | 0.05% |
717,300
+41,400
| +6% | +$4.86M |
|
354
PUT
Honeywell
HON
$76.3B
| $93.2M | 0.05% |
826,262
-218,743
| -21% | -$24.2M |
|
355
CALL
Vale
VALE
$62.6B
| $92.7M | 0.05% |
9,759,900
-155,400
| -2% | -$1.55M |
|
356
PUT
Snap
SNAP
$8.83B
| $92.3M | 0.05% |
+4,094,700
| New | +$90.8M |
|
|
PARA
357
CALL
DELISTED
Paramount Global Class B
PARA
| $91.5M | 0.05% |
1,318,800
-538,700
| -29% | -$35.4M |
|
358
CALL
Valero Energy
VLO
$87.2B
| $90.8M | 0.05% |
1,369,800
-66,200
| -5% | -$4.43M |
|
|
AET
359
CALL
DELISTED
Aetna Inc
AET
| $90.2M | 0.05% |
707,200
-565,200
| -44% | -$71M |
|
360
PUT
Cisco
CSCO
$476B
| $90.1M | 0.05% |
2,664,600
-920,100
| -26% | -$29.8M |
|
361
PUT
EOG Resources
EOG
$71.4B
| $89.6M | 0.05% |
918,200
+472,700
| +106% | +$47.1M |
|
|
ILG
362
PUT
DELISTED
ILG, Inc Common Stock
ILG
| $89.4M | 0.05% |
4,267,300
-1,601,600
| -27% | -$30.1M |
|
363
PUT
ConocoPhillips
COP
$140B
| $89.2M | 0.05% |
1,789,500
-427,600
| -19% | -$20.7M |
|
|
ETP
364
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $89.1M | 0.05% |
2,440,200
-92,900
| -4% | -$3.46M |
|
365
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $88.9M | 0.05% |
2,021,800
-454,200
| -18% | -$19.5M |
|
366
CALL
Seagate
STX
$193B
| $88.9M | 0.05% |
1,935,000
+4,500
| +0.2% | +$200K |
|
|
WBA
367
DELISTED
Walgreens Boots Alliance
WBA
| $88.8M | 0.04% |
1,069,051
+262,056
| +32% | +$22M |
|
|
GG
368
PUT
DELISTED
Goldcorp Inc
GG
| $88.7M | 0.04% |
6,081,400
+1,690,500
| +39% | +$26.4M |
|
369
PUT
AbbVie
ABBV
$431B
| $88.6M | 0.04% |
1,359,900
-553,600
| -29% | -$34.8M |
|
370
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.41B
| $88.3M | 0.04% |
1,670,000
+266,600
| +19% | +$13.9M |
|
371
PUT
iShares Silver Trust
SLV
$29.8B
| $88.3M | 0.04% |
5,116,100
-954,600
| -16% | -$15.8M |
|
372
CALL
Autodesk
ADSK
$51.2B
| $88.1M | 0.04% |
1,019,400
+229,000
| +29% | +$19.2M |
|
373
CALL
PNC Financial Services
PNC
$101B
| $88.1M | 0.04% |
732,400
-611,100
| -45% | -$74.9M |
|
374
PUT
Newmont
NEM
$111B
| $87.5M | 0.04% |
2,656,000
-354,700
| -12% | -$12.4M |
|
375
CALL
Simon Property Group
SPG
$71.9B
| $86.9M | 0.04% |
505,300
+229,900
| +83% | +$41.1M |
|
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.