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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.63% |
| 2 | Consumer Discretionary | 0.98% |
| 3 | Communication Services | 0.88% |
| 4 | Healthcare | 0.85% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
PUT
Bank of America
BAC
$435B
| $1.91B | 0.67% |
64,800,400
-9,483,800
| -13% | -$261M |
|
|
27
CALL
NVIDIA
NVDA
$4.86T
| $1.69B | 0.6% |
349,440,000
+113,308,000
| +48% | +$563M |
|
28
PUT
iShares MSCI EAFE ETF
EFA
$78B
| $1.67B | 0.59% |
23,737,300
+8,734,500
| +58% | +$607M |
|
|
29
PUT
Boeing
BA
$171B
| $1.42B | 0.5% |
4,823,200
+1,020,200
| +27% | +$276M |
|
30
PUT
Netflix
NFLX
$299B
| $1.35B | 0.48% |
70,483,000
+9,684,000
| +16% | +$186M |
|
31
CALL
Visa
V
$684B
| $1.35B | 0.48% |
11,828,600
+1,485,300
| +14% | +$164M |
|
32
CALL
Norfolk Southern
NSC
$75.4B
| $1.34B | 0.47% |
9,260,800
+7,906,600
| +584% | +$1.06B |
|
33
PUT
Microsoft
MSFT
$3.45T
| $1.29B | 0.45% |
15,018,000
+1,477,300
| +11% | +$121M |
|
|
34
CALL
Netflix
NFLX
$299B
| $1.22B | 0.43% |
63,359,000
+14,005,000
| +28% | +$270M |
|
35
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$228M
| $1.21B | 0.43% |
4,729,400
+1,316,700
| +39% | +$292M |
|
36
PUT
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $1.2B | 0.42% |
25,485,900
-14,249,700
| -36% | -$659M |
|
37
PUT
Micron Technology
MU
$930B
| $1.16B | 0.41% |
28,261,600
+11,638,100
| +70% | +$501M |
|
38
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $1.11B | 0.39% |
8,733,800
+1,763,900
| +25% | +$221M |
|
|
39
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $1.09B | 0.39% |
8,622,100
+1,259,700
| +17% | +$158M |
|
|
40
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$228M
| $1.02B | 0.36% |
3,996,950
+484,000
| +14% | +$107M |
|
|
41
CALL
Microsoft
MSFT
$3.45T
| $977M | 0.34% |
11,399,900
-518,700
| -4% | -$42.5M |
|
42
PUT
Gilead Sciences
GILD
$162B
| $902M | 0.32% |
12,583,900
+2,044,200
| +19% | +$155M |
|
43
CALL
Marriott International
MAR
$98.3B
| $887M | 0.31% |
6,531,600
-234,400
| -3% | -$28.8M |
|
44
CALL
Citigroup
C
$222B
| $868M | 0.31% |
11,660,800
-1,843,600
| -14% | -$136M |
|
|
45
CALL
Micron Technology
MU
$930B
| $851M | 0.3% |
20,704,600
+8,732,400
| +73% | +$376M |
|
46
CALL
AT&T
T
$159B
| $844M | 0.3% |
28,740,200
+8,440,897
| +42% | +$230M |
|
|
47
CALL
Bank of America
BAC
$435B
| $819M | 0.29% |
27,738,200
-3,025,500
| -10% | -$83.4M |
|
48
CALL
JPMorgan Chase
JPM
$935B
| $805M | 0.28% |
7,530,400
+1,670,800
| +29% | +$169M |
|
|
49
NVIDIA
NVDA
$4.86T
| $772M | 0.27% |
159,622,280
-37,977,840
| -19% | -$189M |
|
50
CALL
Berkshire Hathaway Class B
BRK.B
$1.1T
| $755M | 0.27% |
3,808,000
+894,600
| +31% | +$170M |
|
Similar funds
Susquehanna International Group's Q4 2017 Portfolio in Review
As of Q4 2017, Susquehanna International Group held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Susquehanna International Group's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Susquehanna International Group's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Susquehanna International Group added most to Apple in Q4 2017, an estimated $528M increase.
- Susquehanna International Group's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Susquehanna International Group fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Susquehanna International Group's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Susquehanna International Group opened 1,808 new positions and closed 1,384 in Q4 2017.
- Susquehanna International Group's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.