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 |
Amazon
AMZN
|
+$685M |
| 2 |
BAS
Basis Energy Services, Inc.
BAS
|
+$459M |
| 3 |
WFT
Weatherford International plc
WFT
|
+$354M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Mondelez International
MDLZ
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$3.97B |
| 2 |
Bank of America
BAC
|
+$1.16B |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$192M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$174M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$141M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.73% |
| 2 | Consumer Discretionary | 1.44% |
| 3 | Healthcare | 1.18% |
| 4 | Financials | 1.13% |
| 5 | Energy | 0.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
Wells Fargo
WFC
$266B
| $541M | 0.27% |
9,813,800
+3,864,400
| +65% | +$194M |
|
|
AGN
52
PUT
DELISTED
Allergan plc
AGN
| $538M | 0.27% |
2,563,900
-556,900
| -18% | -$115M |
|
53
PUT
Citigroup
C
$226B
| $536M | 0.27% |
9,023,800
-2,615,400
| -22% | -$141M |
|
54
PUT
Microsoft
MSFT
$3.69T
| $521M | 0.26% |
8,382,800
+127,300
| +2% | +$7.66M |
|
|
VXX
55
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $519M | 0.26% |
5,087,775
-147,200
| -3% | -$17.7M |
|
|
AGN
56
CALL
DELISTED
Allergan plc
AGN
| $512M | 0.26% |
2,436,500
+524,700
| +27% | +$109M |
|
57
PUT
SPDR Gold Trust
GLD
$138B
| $507M | 0.26% |
4,621,900
+1,785,400
| +63% | +$207M |
|
58
PUT
NVIDIA
NVDA
$5.32T
| $496M | 0.25% |
186,056,000
+57,180,000
| +44% | +$119M |
|
59
CALL
Verizon
VZ
$195B
| $478M | 0.24% |
8,955,500
+200,700
| +2% | +$10M |
|
|
60
PUT
Wells Fargo
WFC
$266B
| $465M | 0.24% |
8,444,100
-1,137,800
| -12% | -$57.2M |
|
61
PUT
IBM
IBM
$220B
| $461M | 0.23% |
2,902,964
-528,962
| -15% | -$80.6M |
|
62
PUT
Chipotle Mexican Grill
CMG
$42.5B
| $458M | 0.23% |
60,680,000
+6,240,000
| +11% | +$49.2M |
|
63
PUT
JPMorgan Chase
JPM
$947B
| $452M | 0.23% |
5,240,500
+1,386,900
| +36% | +$106M |
|
64
PUT
United States Oil Fund
USO
$1.85B
| $447M | 0.23% |
4,764,513
-459,187
| -9% | -$40.5M |
|
65
CALL
GE Aerospace
GE
$390B
| $444M | 0.23% |
2,932,975
-2,915,928
| -50% | -$424M |
|
66
PUT
Chevron
CVX
$370B
| $437M | 0.22% |
3,710,800
+80,400
| +2% | +$8.76M |
|
67
CALL
American Airlines Group
AAL
$10.7B
| $435M | 0.22% |
9,309,600
+2,679,900
| +40% | +$117M |
|
68
PUT
Johnson & Johnson
JNJ
$618B
| $433M | 0.22% |
3,761,100
-55,300
| -1% | -$6.39M |
|
69
PUT
ExxonMobil
XOM
$638B
| $432M | 0.22% |
4,789,200
-588,200
| -11% | -$51.4M |
|
70
PUT
Morgan Stanley
MS
$340B
| $426M | 0.22% |
10,089,000
-802,500
| -7% | -$30.3M |
|
71
CALL
Gilead Sciences
GILD
$161B
| $419M | 0.21% |
5,854,800
+261,500
| +5% | +$19.4M |
|
72
PUT
Boeing
BA
$184B
| $412M | 0.21% |
2,644,600
-208,300
| -7% | -$30.4M |
|
|
73
CALL
Procter & Gamble
PG
$340B
| $405M | 0.21% |
4,817,900
-3,056,300
| -39% | -$260M |
|
74
PUT
AT&T
T
$162B
| $404M | 0.21% |
12,575,352
+302,666
| +2% | +$8.93M |
|
75
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $400M | 0.2% |
2,026,300
-870,500
| -30% | -$164M |
|
Similar funds
Susquehanna International Group's Q4 2016 Portfolio in Review
As of Q4 2016, Susquehanna International Group held 10,783 positions worth $197B, down 4.9% from $207B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Susquehanna International Group withdrew a net $12.7B in Q4 2016, closing 1,274 positions and reducing 3,383 holdings. Its most notable exit was Synchrony, an estimated $104M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Susquehanna International Group opened a new position in Basis Energy Services, Inc. worth $59.7M.
- Susquehanna International Group's largest Q4 2016 buy was Basis Energy Services, Inc.: 1,689,160 shares worth $59.7M.
- Susquehanna International Group added most to Amazon in Q4 2016, an estimated $685M increase.
- Susquehanna International Group's biggest Q4 2016 reduction was Procter & Gamble, cutting an estimated $3.97B.
- Susquehanna International Group fully exited Synchrony in Q4 2016, selling an estimated $104M.
- Susquehanna International Group's ten largest holdings make up 21% of its $197B portfolio in Q4 2016.
- Susquehanna International Group opened 2,442 new positions and closed 1,274 in Q4 2016.
- Susquehanna International Group's portfolio value fell 4.9% quarter-over-quarter to $197B.
Based on Susquehanna International Group's 13F filing for Q4 2016, filed 14 Feb 2017.