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 |
Amazon
AMZN
|
+$685M |
| 2 |
BAS
Basis Energy Services, Inc.
BAS
|
+$459M |
| 3 |
WFT
Weatherford International plc
WFT
|
+$354M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Mondelez International
MDLZ
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$3.97B |
| 2 |
Bank of America
BAC
|
+$1.16B |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$192M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$174M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$141M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.73% |
| 2 | Consumer Discretionary | 1.44% |
| 3 | Healthcare | 1.18% |
| 4 | Financials | 1.13% |
| 5 | Energy | 0.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
CALL
Bank of America
BAC
$440B
| $1.06B | 0.54% |
48,003,200
+26,173,000
| +120% | +$504M |
|
27
CALL
Citigroup
C
$230B
| $1.05B | 0.53% |
17,697,800
+1,987,200
| +13% | +$107M |
|
28
CALL
Alphabet (Google) Class A
GOOGL
$4.62T
| $1.04B | 0.53% |
26,244,000
-4,864,000
| -16% | -$194M |
|
29
CALL
Alibaba
BABA
$309B
| $987M | 0.5% |
11,236,500
-1,503,500
| -12% | -$145M |
|
30
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $877M | 0.45% |
7,359,200
+1,884,900
| +34% | +$236M |
|
31
CALL
Kinder Morgan
KMI
$69.9B
| $805M | 0.41% |
38,867,600
-1,074,100
| -3% | -$22.7M |
|
32
PUT
Netflix
NFLX
$306B
| $789M | 0.4% |
63,757,000
-11,840,000
| -16% | -$140M |
|
33
CALL
Visa
V
$690B
| $760M | 0.39% |
9,743,600
+329,300
| +3% | +$26.5M |
|
|
34
CALL
Netflix
NFLX
$306B
| $758M | 0.39% |
61,263,000
+1,421,000
| +2% | +$16.8M |
|
35
PUT
Gilead Sciences
GILD
$168B
| $720M | 0.37% |
10,053,800
-1,731,900
| -15% | -$129M |
|
36
PUT
iShares MSCI EAFE ETF
EFA
$79.3B
| $711M | 0.36% |
12,308,500
+738,000
| +6% | +$42.6M |
|
37
CALL
Goldman Sachs
GS
$311B
| $700M | 0.36% |
2,923,400
+1,348,300
| +86% | +$274M |
|
38
CALL
ExxonMobil
XOM
$638B
| $690M | 0.35% |
7,641,700
+33,700
| +0.4% | +$2.94M |
|
39
CALL
JPMorgan Chase
JPM
$950B
| $680M | 0.35% |
7,877,200
-437,400
| -5% | -$33.4M |
|
40
CALL
SPDR Gold Trust
GLD
$132B
| $676M | 0.34% |
6,170,100
-719,400
| -10% | -$83.5M |
|
41
CALL
Microsoft
MSFT
$3.66T
| $628M | 0.32% |
10,109,600
+1,779,400
| +21% | +$107M |
|
42
CALL
United Parcel Service
UPS
$92.7B
| $615M | 0.31% |
5,360,300
-433,500
| -7% | -$48.8M |
|
43
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| $614M | 0.31% |
17,404,300
+1,085,700
| +7% | +$39.2M |
|
44
PUT
iShares China Large-Cap ETF
FXI
$4.33B
| $604M | 0.31% |
17,365,600
+2,800,300
| +19% | +$103M |
|
|
45
PUT
Goldman Sachs
GS
$311B
| $601M | 0.3% |
2,508,800
-257,600
| -9% | -$52.3M |
|
|
46
PUT
Alibaba
BABA
$309B
| $593M | 0.3% |
6,754,600
-1,280,900
| -16% | -$123M |
|
|
47
Gilead Sciences
GILD
$168B
| $590M | 0.3% |
8,235,110
-481,784
| -6% | -$35.8M |
|
48
CALL
AT&T
T
$160B
| $583M | 0.3% |
18,135,755
+1,924,699
| +12% | +$56.8M |
|
49
CALL
T-Mobile US
TMUS
$190B
| $580M | 0.29% |
10,085,300
+389,100
| +4% | +$20.4M |
|
50
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.5B
| $574M | 0.29% |
2,905,100
+604,100
| +26% | +$114M |
|
Similar funds
Susquehanna International Group's Q4 2016 Portfolio in Review
As of Q4 2016, Susquehanna International Group held 10,783 positions worth $197B, down 4.9% from $207B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Susquehanna International Group withdrew a net $12.7B in Q4 2016, closing 1,274 positions and reducing 3,383 holdings. Its most notable exit was Synchrony, an estimated $104M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Susquehanna International Group opened a new position in Basis Energy Services, Inc. worth $59.7M.
- Susquehanna International Group's largest Q4 2016 buy was Basis Energy Services, Inc.: 1,689,160 shares worth $59.7M.
- Susquehanna International Group added most to Amazon in Q4 2016, an estimated $685M increase.
- Susquehanna International Group's biggest Q4 2016 reduction was Procter & Gamble, cutting an estimated $3.97B.
- Susquehanna International Group fully exited Synchrony in Q4 2016, selling an estimated $104M.
- Susquehanna International Group's ten largest holdings make up 21% of its $197B portfolio in Q4 2016.
- Susquehanna International Group opened 2,442 new positions and closed 1,274 in Q4 2016.
- Susquehanna International Group's portfolio value fell 4.9% quarter-over-quarter to $197B.
Based on Susquehanna International Group's 13F filing for Q4 2016, filed 14 Feb 2017.