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 | 1.18% |
| 2 | Technology | 1.13% |
| 3 | Consumer Discretionary | 1.09% |
| 4 | Financials | 1.02% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
CALL
Duke Energy
DUK
$96.6B
| $49M | 0.02% |
597,800
+63,100
| +12% | +$5.02M |
|
|
TIF
577
CALL
DELISTED
Tiffany & Co.
TIF
| $48.9M | 0.02% |
513,200
-260,500
| -34% | -$22.2M |
|
578
CALL
Incyte
INCY
$24B
| $48.9M | 0.02% |
365,600
+57,900
| +19% | +$7.37M |
|
579
PUT
Devon Energy
DVN
$47.4B
| $48.8M | 0.02% |
1,170,500
-385,200
| -25% | -$16.9M |
|
580
Broadcom
AVGO
$2T
| $48.8M | 0.02% |
2,229,510
+2,211,760
| +12,461% | +$45.5M |
|
581
PUT
Wheaton Precious Metals
WPM
$56.9B
| $48.8M | 0.02% |
2,342,000
+210,700
| +10% | +$4.38M |
|
582
CALL
Truist Financial
TFC
$64.2B
| $48.5M | 0.02% |
1,084,800
-227,300
| -17% | -$10.6M |
|
583
PUT
Weibo
WB
$1.94B
| $48.4M | 0.02% |
928,100
+453,900
| +96% | +$22.6M |
|
584
CALL
Under Armour
UAA
$2.73B
| $48.4M | 0.02% |
2,447,000
+822,400
| +51% | +$19.2M |
|
585
Macy's
M
$6.61B
| $48.4M | 0.02% |
1,632,834
+1,045,661
| +178% | +$32.3M |
|
586
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $48.2M | 0.02% |
1,997,100
+337,100
| +20% | +$7.51M |
|
587
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$449M
| $48M | 0.02% |
555,000
-288,300
| -34% | -$24.5M |
|
588
PUT
Martin Marietta Materials
MLM
$32.3B
| $47.9M | 0.02% |
219,500
+135,900
| +163% | +$30M |
|
|
TSRO
589
CALL
DELISTED
TESARO, Inc.
TSRO
| $47.8M | 0.02% |
310,900
+97,100
| +45% | +$15.8M |
|
590
CALL
Teva Pharmaceuticals
TEVA
$40.6B
| $47.8M | 0.02% |
1,490,200
-808,000
| -35% | -$27.6M |
|
|
CHK
591
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $47.7M | 0.02% |
40,181
-18,084
| -31% | -$22M |
|
592
Viatris
VTRS
$19B
| $47.6M | 0.02% |
1,219,962
+127,511
| +12% | +$5.14M |
|
|
593
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $47.1M | 0.02% |
1,953,200
-91,500
| -4% | -$2.04M |
|
|
CHK
594
DELISTED
Chesapeake Energy Corporation
CHK
| $47.1M | 0.02% |
39,667
-10,960
| -22% | -$13.3M |
|
595
CALL
Cummins
CMI
$88.7B
| $46.9M | 0.02% |
309,900
-196,900
| -39% | -$29.1M |
|
596
PUT
Marriott International
MAR
$93.8B
| $46.8M | 0.02% |
496,700
-67,200
| -12% | -$5.84M |
|
597
CALL
Vanguard Real Estate ETF
VNQ
$38.8B
| $46.8M | 0.02% |
566,300
+320,600
| +130% | +$26.6M |
|
598
CALL
Aflac
AFL
$64.5B
| $46.7M | 0.02% |
1,290,400
-379,600
| -23% | -$13.5M |
|
|
TIF
599
PUT
DELISTED
Tiffany & Co.
TIF
| $46.7M | 0.02% |
489,700
-209,200
| -30% | -$17.9M |
|
600
CALL
Cheniere Energy
LNG
$54.9B
| $46.6M | 0.02% |
986,400
-104,700
| -10% | -$4.83M |
|
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.