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 | |
|---|---|---|---|---|---|---|
26
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $1.24B | 0.55% |
9,925,000
+4,239,000
| +75% | +$524M |
|
27
CALL
Union Pacific
UNP
$172B
| $1.23B | 0.54% |
11,251,400
+927,400
| +9% | +$101M |
|
|
28
Amazon
AMZN
$2.53T
| $1.17B | 0.51% |
24,105,720
+15,267,420
| +173% | +$728M |
|
29
PUT
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $1.16B | 0.51% |
28,133,000
-6,307,900
| -18% | -$257M |
|
30
CALL
Visa
V
$673B
| $1.15B | 0.5% |
12,245,500
+1,055,800
| +9% | +$98M |
|
|
31
CALL
Citigroup
C
$222B
| $1.05B | 0.46% |
15,715,800
+2,706,100
| +21% | +$166M |
|
32
CALL
Microsoft
MSFT
$3.35T
| $1.04B | 0.46% |
15,157,300
+3,778,200
| +33% | +$259M |
|
|
33
PUT
Microsoft
MSFT
$3.35T
| $984M | 0.43% |
14,280,500
+4,423,500
| +45% | +$304M |
|
34
CALL
iShares MSCI EAFE ETF
EFA
$78.5B
| $902M | 0.4% |
13,838,800
+5,892,200
| +74% | +$381M |
|
35
PUT
Netflix
NFLX
$305B
| $894M | 0.39% |
59,839,000
-7,984,000
| -12% | -$123M |
|
36
PUT
Gilead Sciences
GILD
$163B
| $871M | 0.38% |
12,308,000
+514,500
| +4% | +$34.2M |
|
37
CALL
Walt Disney
DIS
$167B
| $844M | 0.37% |
7,946,000
-4,081,900
| -34% | -$447M |
|
38
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$224M
| $838M | 0.37% |
5,196,600
+1,582,600
| +44% | +$235M |
|
|
39
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $814M | 0.36% |
6,502,300
-3,422,500
| -34% | -$423M |
|
|
40
Apple
AAPL
$4.9T
| $790M | 0.35% |
21,930,060
+21,130,624
| +2,643% | +$781M |
|
|
41
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$224M
| $748M | 0.33% |
4,641,200
+1,384,000
| +42% | +$206M |
|
|
42
CALL
Netflix
NFLX
$305B
| $747M | 0.33% |
50,004,000
-1,845,000
| -4% | -$28.4M |
|
|
43
Gilead Sciences
GILD
$163B
| $717M | 0.32% |
10,132,929
-640,022
| -6% | -$42.6M |
|
44
Bank of America
BAC
$433B
| $677M | 0.3% |
27,918,195
+9,097,265
| +48% | +$212M |
|
45
CALL
NVIDIA
NVDA
$4.72T
| $668M | 0.29% |
184,752,000
+31,736,000
| +21% | +$101M |
|
46
PUT
Goldman Sachs
GS
$302B
| $663M | 0.29% |
2,987,500
+234,700
| +9% | +$52.1M |
|
47
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.5B
| $654M | 0.29% |
3,066,200
+697,100
| +29% | +$146M |
|
|
48
NVIDIA
NVDA
$4.72T
| $650M | 0.29% |
179,771,200
+76,119,240
| +73% | +$242M |
|
|
49
CALL
Bank of America
BAC
$433B
| $635M | 0.28% |
26,168,500
-6,446,500
| -20% | -$150M |
|
|
50
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $630M | 0.28% |
15,217,400
-560,100
| -4% | -$22.8M |
|
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.