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 |
Procter & Gamble
PG
|
+$4.12B |
| 2 |
Gilead Sciences
GILD
|
+$379M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$286M |
| 4 |
Amazon
AMZN
|
+$271M |
| 5 |
Meta Platforms (Facebook)
META
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$762M |
| 2 |
SPDR Gold Trust
GLD
|
+$410M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$400M |
| 4 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$227M |
| 5 |
Synchrony
SYF
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 2.31% |
| 2 | Technology | 1.22% |
| 3 | Financials | 1.11% |
| 4 | Healthcare | 1% |
| 5 | Consumer Discretionary | 0.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| $1.15B | 0.55% |
30,628,500
+4,524,100
| +17% | +$165M |
|
27
PUT
Alphabet (Google) Class A
GOOGL
$4.62T
| $1.12B | 0.54% |
27,908,000
-1,092,000
| -4% | -$42.7M |
|
28
Bank of America
BAC
$440B
| $1B | 0.48% |
64,075,762
-8,455,316
| -12% | -$126M |
|
|
29
PUT
Gilead Sciences
GILD
$168B
| $932M | 0.45% |
11,785,700
+3,961,900
| +51% | +$322M |
|
30
CALL
Kinder Morgan
KMI
$69.9B
| $924M | 0.45% |
39,941,700
-1,234,000
| -3% | -$26.1M |
|
|
31
CALL
SPDR Gold Trust
GLD
$132B
| $866M | 0.42% |
6,889,500
-1,776,000
| -20% | -$226M |
|
32
PUT
Alibaba
BABA
$309B
| $850M | 0.41% |
8,035,500
+1,789,900
| +29% | +$166M |
|
33
CALL
GE Aerospace
GE
$383B
| $830M | 0.4% |
5,848,903
+337,574
| +6% | +$50.4M |
|
34
CALL
Visa
V
$683B
| $779M | 0.38% |
9,414,300
-969,300
| -9% | -$77.6M |
|
35
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $753M | 0.36% |
5,474,300
-5,283,100
| -49% | -$733M |
|
36
PUT
Netflix
NFLX
$306B
| $745M | 0.36% |
75,597,000
+12,693,000
| +20% | +$121M |
|
37
CALL
Citigroup
C
$230B
| $742M | 0.36% |
15,710,600
-1,229,800
| -7% | -$55.9M |
|
|
AGN
38
PUT
DELISTED
Allergan plc
AGN
| $719M | 0.35% |
3,120,800
-981,700
| -24% | -$240M |
|
|
VXX
39
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $713M | 0.34% |
5,235,500
+3,664,769
| +233% | +$586M |
|
|
VXX
40
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $713M | 0.34% |
5,234,975
+4,055,781
| +344% | +$648M |
|
|
41
CALL
Procter & Gamble
PG
$345B
| $707M | 0.34% |
7,874,200
+2,474,700
| +46% | +$215M |
|
|
42
Gilead Sciences
GILD
$168B
| $690M | 0.33% |
8,716,894
+4,665,666
| +115% | +$379M |
|
43
PUT
iShares MSCI EAFE ETF
EFA
$79.3B
| $684M | 0.33% |
11,570,500
+515,500
| +5% | +$29.9M |
|
44
CALL
ExxonMobil
XOM
$638B
| $664M | 0.32% |
7,608,000
+59,300
| +0.8% | +$5.26M |
|
45
CALL
United Parcel Service
UPS
$90.8B
| $634M | 0.31% |
5,793,800
+1,128,000
| +24% | +$123M |
|
|
46
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| $611M | 0.3% |
16,318,600
-7,513,900
| -32% | -$275M |
|
|
47
CALL
Netflix
NFLX
$306B
| $590M | 0.28% |
59,842,000
-16,871,000
| -22% | -$161M |
|
48
CALL
JPMorgan Chase
JPM
$950B
| $554M | 0.27% |
8,314,600
+398,800
| +5% | +$26M |
|
49
PUT
iShares China Large-Cap ETF
FXI
$4.33B
| $554M | 0.27% |
14,565,300
-3,211,500
| -18% | -$118M |
|
|
50
PUT
Citigroup
C
$230B
| $550M | 0.27% |
11,639,200
-8,652,600
| -43% | -$394M |
|
Similar funds
Susquehanna International Group's Q3 2016 Portfolio in Review
As of Q3 2016, Susquehanna International Group held 9,816 positions worth $207B, up 11% from $187B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group deployed $7.99B of net new capital in Q3 2016, opening 1,347 new positions and adding to 3,278 existing holdings. Its largest new stake was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
By sector, the portfolio is most concentrated in Consumer Staples at 2.3% of assets, up from 0.27% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Apple, an estimated $762M trimmed.
- Susquehanna International Group's largest Q3 2016 buy was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
- Susquehanna International Group added most to Procter & Gamble in Q3 2016, an estimated $4.12B increase.
- Susquehanna International Group's biggest Q3 2016 reduction was Apple, cutting an estimated $762M.
- Susquehanna International Group fully exited QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS in Q3 2016, selling an estimated $227M.
- Susquehanna International Group's ten largest holdings make up 27% of its $207B portfolio in Q3 2016.
- Susquehanna International Group opened 1,347 new positions and closed 1,488 in Q3 2016.
- Susquehanna International Group's portfolio value rose 11% quarter-over-quarter to $207B.
Based on Susquehanna International Group's 13F filing for Q3 2016, filed 14 Nov 2016.