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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.37% |
| 2 | Consumer Discretionary | 1.4% |
| 3 | Communication Services | 0.94% |
| 4 | Healthcare | 0.7% |
| 5 | Financials | 0.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PARA
526
PUT
DELISTED
Paramount Global Class B
PARA
| $64.7M | 0.03% |
1,114,900
+430,900
| +63% | +$27.2M |
|
527
PUT
Petrobras
PBR
$119B
| $64.5M | 0.02% |
6,424,400
+437,400
| +7% | +$3.97M |
|
528
PUT
Vertex Pharmaceuticals
VRTX
$123B
| $64.5M | 0.02% |
423,900
-106,000
| -20% | -$16M |
|
529
PUT
Align Technology
ALGN
$12.1B
| $64.3M | 0.02% |
345,300
+43,400
| +14% | +$7.43M |
|
|
PXD
530
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $64M | 0.02% |
433,600
+57,800
| +15% | +$8.31M |
|
531
PUT
Norfolk Southern
NSC
$76.9B
| $63.8M | 0.02% |
482,600
-21,600
| -4% | -$2.63M |
|
532
CALL
Synchrony
SYF
$25.6B
| $63.7M | 0.02% |
2,052,900
+1,415,700
| +222% | +$42.3M |
|
533
PUT
United States Natural Gas Fund
UNG
$450M
| $63.6M | 0.02% |
604,900
+298,806
| +98% | +$31.5M |
|
|
DISH
534
PUT
DELISTED
DISH Network Corp.
DISH
| $63.4M | 0.02% |
1,168,800
+105,400
| +10% | +$6.23M |
|
535
CALL
C.H. Robinson
CHRW
$17.1B
| $63.2M | 0.02% |
831,000
+444,500
| +115% | +$30.8M |
|
536
CALL
Eaton
ETN
$174B
| $63.2M | 0.02% |
823,300
+246,800
| +43% | +$18.6M |
|
537
PUT
Workday
WDAY
$42B
| $62.9M | 0.02% |
596,900
+132,400
| +29% | +$13.7M |
|
538
PUT
PNC Financial Services
PNC
$101B
| $62.8M | 0.02% |
466,000
-61,100
| -12% | -$7.84M |
|
|
GAP
539
PUT
The Gap Inc
GAP
$7.39B
| $62.7M | 0.02% |
2,124,100
-54,600
| -3% | -$1.34M |
|
|
540
CALL
Workday
WDAY
$42B
| $62.6M | 0.02% |
594,100
+188,800
| +47% | +$19.5M |
|
541
CALL
CF Industries
CF
$17.9B
| $62.4M | 0.02% |
1,775,500
+393,500
| +28% | +$12.1M |
|
542
CALL
Domino's
DPZ
$11.9B
| $62.2M | 0.02% |
313,300
+119,500
| +62% | +$23.3M |
|
543
PUT
Devon Energy
DVN
$49.7B
| $62.2M | 0.02% |
1,694,200
-188,700
| -10% | -$6.12M |
|
544
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$461M
| $62M | 0.02% |
69,114
+8,964
| +15% | +$8.45M |
|
545
PUT
O'Reilly Automotive
ORLY
$76.2B
| $61.9M | 0.02% |
4,309,500
+1,339,500
| +45% | +$17.7M |
|
546
Macy's
M
$6.61B
| $61.8M | 0.02% |
2,832,500
+405,604
| +17% | +$8.92M |
|
547
Newmont
NEM
$111B
| $61.8M | 0.02% |
1,646,346
+852,366
| +107% | +$31M |
|
548
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$726M
| $61.1M | 0.02% |
22,640
-5,285
| -19% | -$16.5M |
|
549
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.65B
| $61M | 0.02% |
1,074,500
-1,545,000
| -59% | -$83M |
|
550
CALL
Aflac
AFL
$64.5B
| $61M | 0.02% |
1,498,400
-366,800
| -20% | -$14.8M |
|
Similar funds
Susquehanna International Group's Q3 2017 Portfolio in Review
As of Q3 2017, Susquehanna International Group held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- Susquehanna International Group's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Susquehanna International Group added most to Apple in Q3 2017, an estimated $1.31B increase.
- Susquehanna International Group's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Susquehanna International Group fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Susquehanna International Group's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Susquehanna International Group opened 1,312 new positions and closed 1,693 in Q3 2017.
- Susquehanna International Group's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.