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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
5326
PUT
iShare MSCI Eurozone ETF
EZU
$9.96B
| $900K | ﹤0.01% |
+23,900
| New | +$858K |
|
5327
CALL
Scholastic
SCHL
$783M
| $898K | ﹤0.01% |
21,100
-9,900
| -32% | -$451K |
|
|
ZNGA
5328
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $898K | ﹤0.01% |
315,200
-498,400
| -61% | -$1.34M |
|
|
KYNB
5329
CALL
Kyntra Bio
KYNB
$28.6M
| $897K | ﹤0.01% |
1,456
-2,044
| -58% | -$1.24M |
|
5330
PUT
Hancock Whitney
HWC
$6.4B
| $897K | ﹤0.01% |
+19,700
| New | +$900K |
|
|
FRAK
5331
DELISTED
VanEck Vectors Unconventional Oil & Gas ETF
FRAK
| $897K | ﹤0.01% |
5,465
+3,208
| +142% | +$551K |
|
|
ATSG
5332
CALL
DELISTED
Air Transport Services Group
ATSG
| $896K | ﹤0.01% |
55,800
+24,400
| +78% | +$397K |
|
5333
PUT
Universal Insurance Holdings
UVE
$1.2B
| $894K | ﹤0.01% |
36,500
+13,000
| +55% | +$340K |
|
|
VRNT
5334
PUT
DELISTED
Verint Systems
VRNT
| $894K | ﹤0.01% |
+40,438
| New | +$788K |
|
|
NVTA
5335
PUT
DELISTED
Invitae Corporation
NVTA
| $894K | ﹤0.01% |
80,800
+45,000
| +126% | +$432K |
|
5336
CALL
Loews
L
$23.1B
| $893K | ﹤0.01% |
19,100
-600
| -3% | -$28K |
|
|
CSGS
5337
CALL
DELISTED
CSG Systems International
CSGS
| $892K | ﹤0.01% |
+23,600
| New | +$1M |
|
5338
PUT
Greif
GEF
$4.98B
| $892K | ﹤0.01% |
16,200
+2,800
| +21% | +$156K |
|
5339
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.47B
| $891K | ﹤0.01% |
+8,463
| New | +$886K |
|
|
HOUS
5340
PUT
DELISTED
Anywhere Real Estate
HOUS
| $891K | ﹤0.01% |
29,900
+9,800
| +49% | +$266K |
|
|
DCP
5341
PUT
DELISTED
DCP Midstream, LP
DCP
| $891K | ﹤0.01% |
22,700
+6,800
| +43% | +$263K |
|
5342
PUT
Coherus Oncology
CHRS
$184M
| $890K | ﹤0.01% |
42,100
+29,600
| +237% | +$728K |
|
5343
iShares MSCI Ireland ETF
EIRL
$79M
| $890K | ﹤0.01% |
22,217
+5,945
| +37% | +$233K |
|
5344
CALL
Kelly Services Class A
KELYA
$555M
| $890K | ﹤0.01% |
40,700
+2,900
| +8% | +$63.6K |
|
5345
ProShares UltraPro Short S&P 500
SPXU
$380M
| $890K | ﹤0.01% |
130
+103
| +381% | +$748K |
|
|
STL
5346
DELISTED
Sterling Bancorp
STL
| $890K | ﹤0.01% |
37,566
-160,554
| -81% | -$3.86M |
|
5347
CALL
Virtu Financial
VIRT
$5.22B
| $889K | ﹤0.01% |
+52,300
| New | +$905K |
|
5348
CALL
Kodak
KODK
$976M
| $888K | ﹤0.01% |
77,200
+11,400
| +17% | +$156K |
|
|
NSLR
5349
CALL
Neostellar Capital Corp
NSLR
$279M
| $888K | ﹤0.01% |
236,111
+41,099
| +21% | +$179K |
|
5350
PUT
Teekay
TK
$1.09B
| $888K | ﹤0.01% |
97,100
-52,300
| -35% | -$506K |
|
Similar funds
Susquehanna International Group's Q1 2017 Portfolio in Review
As of Q1 2017, Susquehanna International Group held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Susquehanna International Group withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in iShares MSCI EAFE ETF worth $131M.
- Susquehanna International Group's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Susquehanna International Group's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Susquehanna International Group fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Susquehanna International Group's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Susquehanna International Group opened 1,488 new positions and closed 2,170 in Q1 2017.
- Susquehanna International Group's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.