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 | |
|---|---|---|---|---|---|---|
6151
CALL
US Physical Therapy
USPH
$1.21B
| $594K | ﹤0.01% |
+9,100
| New | +$645K |
|
6152
PUT
Accuray
ARAY
$33.2M
| $593K | ﹤0.01% |
124,800
-22,800
| -15% | -$119K |
|
6153
PUT
Schwab US Dividend Equity ETF
SCHD
$108B
| $593K | ﹤0.01% |
39,900
+9,300
| +30% | +$137K |
|
|
FINL
6154
DELISTED
Finish Line
FINL
| $593K | ﹤0.01% |
41,692
-99,101
| -70% | -$1.66M |
|
|
REGI
6155
CALL
DELISTED
Renewable Energy Group, Inc.
REGI
| $593K | ﹤0.01% |
56,700
+8,200
| +17% | +$75.8K |
|
6156
PUT
Imperial Oil
IMO
$64.5B
| $592K | ﹤0.01% |
19,400
-1,000
| -5% | -$32.3K |
|
|
VRS
6157
DELISTED
Verso Corporation
VRS
| $592K | ﹤0.01% |
+98,654
| New | +$712K |
|
6158
Olin
OLN
$2.18B
| $591K | ﹤0.01% |
17,967
-15,786
| -47% | -$473K |
|
6159
CALL
United States Brent Oil Fund
BNO
$785M
| $590K | ﹤0.01% |
40,600
-30,400
| -43% | -$454K |
|
6160
Invesco MSCI Global Timber ETF
CUT
$33.4M
| $590K | ﹤0.01% |
+22,387
| New | +$583K |
|
6161
PUT
HNI Corp
HNI
$3.53B
| $590K | ﹤0.01% |
+12,800
| New | +$616K |
|
6162
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.3M
| $590K | ﹤0.01% |
13,603
+374
| +3% | +$16K |
|
|
SAFE
6163
PUT
Safehold
SAFE
$1.08B
| $590K | ﹤0.01% |
10,272
-54,072
| -84% | -$3.11M |
|
|
SOHU
6164
CALL
Sohu.com
SOHU
$378M
| $590K | ﹤0.01% |
15,000
-44,700
| -75% | -$1.79M |
|
6165
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.53B
| $590K | ﹤0.01% |
23,642
-34,391
| -59% | -$853K |
|
6166
PUT
WisdomTree US LargeCap Dividend Fund
DLN
$6.45B
| $589K | ﹤0.01% |
14,200
+8,200
| +137% | +$336K |
|
6167
Elbit Systems
ESLT
$36.7B
| $589K | ﹤0.01% |
5,181
+1,681
| +48% | +$190K |
|
6168
Oneok
OKE
$59.9B
| $589K | ﹤0.01% |
10,616
-3,680
| -26% | -$202K |
|
|
HIFR
6169
PUT
DELISTED
InfraREIT, Inc.
HIFR
| $589K | ﹤0.01% |
32,700
+3,700
| +13% | +$63.3K |
|
6170
Mativ Holdings
MATV
$674M
| $588K | ﹤0.01% |
14,186
-42,995
| -75% | -$1.86M |
|
6171
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $588K | ﹤0.01% |
19,211
+828
| +5% | +$25.3K |
|
6172
Dycom Industries
DY
$12.6B
| $587K | ﹤0.01% |
6,317
-81,025
| -93% | -$6.88M |
|
6173
CALL
Sonoco
SON
$5.76B
| $587K | ﹤0.01% |
11,100
+5,700
| +106% | +$307K |
|
6174
State Street Ultra Short Term Bond ETF
ULST
$527M
| $587K | ﹤0.01% |
14,568
| – | – |
|
|
CUDA
6175
DELISTED
Barracuda Networks, Inc.
CUDA
| $587K | ﹤0.01% |
25,401
-18,115
| -42% | -$424K |
|
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.