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 | |
|---|---|---|---|---|---|---|
|
SCHW
551
CALL
Charles Schwab
SCHW
$187B
| $60.8M | 0.02% |
1,389,700
+60,900
| +5% | +$2.53M |
|
|
PX
552
PUT
DELISTED
Praxair Inc
PX
| $60.8M | 0.02% |
434,900
-172,500
| -28% | -$23M |
|
553
CALL
Ally Financial
ALLY
$13.4B
| $60.7M | 0.02% |
2,503,000
+1,225,400
| +96% | +$27.4M |
|
554
CALL
Southern Company
SO
$107B
| $60.5M | 0.02% |
1,230,700
-144,400
| -11% | -$7M |
|
555
PUT
Applied Optoelectronics
AAOI
$9.97B
| $60.3M | 0.02% |
932,700
+114,200
| +14% | +$8.07M |
|
556
CALL
Lam Research
LRCX
$383B
| $60M | 0.02% |
3,243,000
+1,236,000
| +62% | +$20.1M |
|
557
PUT
Southwest Airlines
LUV
$23B
| $59.9M | 0.02% |
1,070,300
+543,200
| +103% | +$30.5M |
|
|
AIG.WS
558
DELISTED
American International Group, Inc.
AIG.WS
| $59.5M | 0.02% |
2,973,920
+1,158,036
| +64% | +$23.5M |
|
559
PUT
Marathon Petroleum
MPC
$84B
| $59.4M | 0.02% |
1,058,600
+105,300
| +11% | +$5.65M |
|
560
CALL
Waste Management
WM
$91.5B
| $59.3M | 0.02% |
757,100
-214,400
| -22% | -$16.3M |
|
|
DISH
561
CALL
DELISTED
DISH Network Corp.
DISH
| $59.1M | 0.02% |
1,090,600
-289,200
| -21% | -$17.1M |
|
562
CALL
Texas Instruments
TXN
$254B
| $59M | 0.02% |
658,500
-254,300
| -28% | -$20.9M |
|
|
HES
563
PUT
DELISTED
Hess
HES
| $58.9M | 0.02% |
1,255,200
-345,000
| -22% | -$14.6M |
|
564
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $58.7M | 0.02% |
1,423,990
-2,654,967
| -65% | -$106M |
|
565
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$22.4B
| $58.3M | 0.02% |
7,591,500
+6,571,500
| +644% | +$42.5M |
|
566
CALL
GSK
GSK
$104B
| $58.3M | 0.02% |
1,148,240
-58,560
| -5% | -$2.97M |
|
|
APC
567
PUT
DELISTED
Anadarko Petroleum
APC
| $58.2M | 0.02% |
1,191,300
+87,800
| +8% | +$3.87M |
|
|
ESRX
568
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $57.9M | 0.02% |
914,300
-43,000
| -4% | -$2.67M |
|
569
PUT
Dollar Tree
DLTR
$24.9B
| $57.6M | 0.02% |
663,300
-286,300
| -30% | -$21.8M |
|
|
570
PUT
Waste Management
WM
$91.5B
| $57.1M | 0.02% |
729,400
+316,000
| +76% | +$24M |
|
571
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $56.9M | 0.02% |
499,100
+69,600
| +16% | +$7.91M |
|
|
PARA
572
CALL
DELISTED
Paramount Global Class B
PARA
| $56.9M | 0.02% |
981,500
-320,900
| -25% | -$20.3M |
|
573
CALL
HCA Healthcare
HCA
$88.5B
| $56.9M | 0.02% |
714,700
-570,900
| -44% | -$45.9M |
|
574
PUT
Rio Tinto
RIO
$162B
| $56.3M | 0.02% |
1,192,300
-526,300
| -31% | -$24.5M |
|
575
PUT
Yelp
YELP
$1.38B
| $56.2M | 0.02% |
1,298,400
-1,302,900
| -50% | -$50.3M |
|
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.