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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.37% |
| 2 | Consumer Discretionary | 1.4% |
| 3 | Communication Services | 0.94% |
| 4 | Healthcare | 0.7% |
| 5 | Financials | 0.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
PUT
Weibo
WB
$1.94B
| $87.1M | 0.03% |
880,100
+27,800
| +3% | +$2.45M |
|
|
RSX
427
PUT
DELISTED
VanEck Russia ETF
RSX
| $86.9M | 0.03% |
3,898,700
+924,200
| +31% | +$19.1M |
|
428
Mercado Libre
MELI
$91.5B
| $86.6M | 0.03% |
334,589
+312,480
| +1,413% | +$82.8M |
|
429
PUT
Universal Display
OLED
$4.01B
| $86.4M | 0.03% |
670,300
+135,500
| +25% | +$16.4M |
|
430
CALL
MGM Resorts International
MGM
$11.5B
| $86.3M | 0.03% |
2,648,900
-1,134,700
| -30% | -$36.5M |
|
431
PUT
Royal Caribbean
RCL
$86.8B
| $86.3M | 0.03% |
727,800
+349,200
| +92% | +$40.8M |
|
|
AET
432
PUT
DELISTED
Aetna Inc
AET
| $86.3M | 0.03% |
542,500
-60,700
| -10% | -$9.48M |
|
|
X
433
CALL
DELISTED
US Steel
X
| $85.9M | 0.03% |
3,349,000
-1,948,200
| -37% | -$47.7M |
|
434
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $85.9M | 0.03% |
767,433
+689,500
| +885% | +$76.8M |
|
435
PUT
Under Armour
UAA
$2.81B
| $85.7M | 0.03% |
5,199,700
+776,300
| +18% | +$14.2M |
|
436
PUT
Seagate
STX
$196B
| $85.7M | 0.03% |
2,582,500
+317,000
| +14% | +$10.8M |
|
|
GG
437
PUT
DELISTED
Goldcorp Inc
GG
| $85.4M | 0.03% |
6,591,800
-836,000
| -11% | -$11M |
|
438
CALL
Electronic Arts
EA
| $85.4M | 0.03% |
723,400
-14,200
| -2% | -$1.64M |
|
|
ANDV
439
CALL
DELISTED
Andeavor
ANDV
| $85.2M | 0.03% |
825,800
-419,600
| -34% | -$41.3M |
|
|
RDS.A
440
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $85.1M | 0.03% |
1,405,500
+211,600
| +18% | +$11.8M |
|
441
PUT
Valero Energy
VLO
$86.7B
| $84.8M | 0.03% |
1,102,500
+310,100
| +39% | +$21.4M |
|
442
PUT
ServiceNow
NOW
$120B
| $84.2M | 0.03% |
3,582,500
+1,445,000
| +68% | +$32.1M |
|
443
CALL
Las Vegas Sands
LVS
$29.8B
| $84.1M | 0.03% |
1,310,200
-280,000
| -18% | -$17.4M |
|
444
CALL
Southwest Airlines
LUV
$23.2B
| $84M | 0.03% |
1,500,200
+239,100
| +19% | +$13.4M |
|
445
CALL
Oneok
OKE
$55B
| $83.9M | 0.03% |
1,514,200
+890,000
| +143% | +$48.1M |
|
446
CALL
Blackstone
BX
$107B
| $83.9M | 0.03% |
2,513,600
+299,600
| +14% | +$9.86M |
|
447
PUT
Alnylam Pharmaceuticals
ALNY
$29.5B
| $83.7M | 0.03% |
712,600
+398,400
| +127% | +$34M |
|
448
PUT
Whirlpool
WHR
$2.88B
| $83.7M | 0.03% |
453,700
+89,300
| +25% | +$16M |
|
449
CALL
Freeport-McMoran
FCX
$96B
| $83.6M | 0.03% |
5,954,400
+1,087,400
| +22% | +$15.3M |
|
450
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.34B
| $83.5M | 0.03% |
1,526,300
+605,800
| +66% | +$31.8M |
|
Similar funds
Susquehanna International Group's Q3 2017 Portfolio in Review
As of Q3 2017, Susquehanna International Group held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- Susquehanna International Group's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Susquehanna International Group added most to Apple in Q3 2017, an estimated $1.31B increase.
- Susquehanna International Group's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Susquehanna International Group fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Susquehanna International Group's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Susquehanna International Group opened 1,312 new positions and closed 1,693 in Q3 2017.
- Susquehanna International Group's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.