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
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.63% |
| 2 | Consumer Discretionary | 0.98% |
| 3 | Communication Services | 0.88% |
| 4 | Healthcare | 0.85% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
Home Depot
HD
$337B
| $718M | 0.25% |
3,786,300
+2,078,000
| +122% | +$359M |
|
52
PUT
AT&T
T
$162B
| $707M | 0.25% |
24,061,449
+4,242,228
| +21% | +$116M |
|
53
Meta Platforms (Facebook)
META
$1.51T
| $698M | 0.25% |
3,956,306
+1,333,274
| +51% | +$236M |
|
|
VXX
54
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $697M | 0.25% |
24,972,800
-4,718,800
| -16% | -$156M |
|
|
AABA
55
DELISTED
Altaba Inc
AABA
| $687M | 0.24% |
9,834,673
+533,914
| +6% | +$37.2M |
|
56
CALL
United Parcel Service
UPS
$91B
| $686M | 0.24% |
5,755,300
+196,800
| +4% | +$23.1M |
|
57
PUT
Citigroup
C
$222B
| $675M | 0.24% |
9,069,200
+1,063,700
| +13% | +$78.7M |
|
58
PUT
Intuitive Surgical
ISRG
$134B
| $658M | 0.23% |
5,412,900
-923,100
| -15% | -$116M |
|
59
CALL
SPDR Gold Trust
GLD
$131B
| $646M | 0.23% |
5,227,900
-3,205,800
| -38% | -$389M |
|
|
AGN
60
PUT
DELISTED
Allergan plc
AGN
| $622M | 0.22% |
3,799,900
+732,200
| +24% | +$131M |
|
61
PUT
Goldman Sachs
GS
$300B
| $621M | 0.22% |
2,439,300
-82,400
| -3% | -$20.2M |
|
62
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.7B
| $599M | 0.21% |
2,421,400
-100,200
| -4% | -$23.7M |
|
|
63
CALL
Boeing
BA
$183B
| $575M | 0.2% |
1,949,200
-8,800
| -0.4% | -$2.38M |
|
64
PUT
IBM
IBM
$214B
| $572M | 0.2% |
3,901,162
+1,132,400
| +41% | +$165M |
|
|
65
Boeing
BA
$183B
| $563M | 0.2% |
1,908,473
+1,384,904
| +265% | +$375M |
|
66
PUT
Wells Fargo
WFC
$264B
| $547M | 0.19% |
9,021,700
-256,200
| -3% | -$14.5M |
|
67
CALL
AB InBev
BUD
$166B
| $543M | 0.19% |
4,868,400
+1,939,800
| +66% | +$228M |
|
|
68
PUT
Intel
INTC
$460B
| $533M | 0.19% |
11,556,300
+2,480,300
| +27% | +$108M |
|
|
69
CALL
Wells Fargo
WFC
$264B
| $525M | 0.19% |
8,647,900
+3,718,700
| +75% | +$210M |
|
70
PUT
Berkshire Hathaway Class B
BRK.B
$1.1T
| $525M | 0.19% |
2,646,400
+274,700
| +12% | +$52.2M |
|
|
VXX
71
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $518M | 0.18% |
18,562,600
-5,502,700
| -23% | -$182M |
|
72
CALL
Bristol-Myers Squibb
BMY
$133B
| $518M | 0.18% |
8,447,500
+800,900
| +10% | +$50.1M |
|
|
CELG
73
CALL
DELISTED
Celgene Corp
CELG
| $516M | 0.18% |
4,947,800
+1,280,600
| +35% | +$144M |
|
74
Alphabet (Google) Class A
GOOGL
$4.58T
| $515M | 0.18% |
9,769,420
-3,083,260
| -24% | -$159M |
|
75
PUT
General Motors
GM
$79.5B
| $509M | 0.18% |
12,413,400
+4,184,700
| +51% | +$182M |
|
Similar funds
Susquehanna International Group's Q4 2017 Portfolio in Review
As of Q4 2017, Susquehanna International Group held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Susquehanna International Group's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Susquehanna International Group's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Susquehanna International Group added most to Apple in Q4 2017, an estimated $528M increase.
- Susquehanna International Group's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Susquehanna International Group fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Susquehanna International Group's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Susquehanna International Group opened 1,808 new positions and closed 1,384 in Q4 2017.
- Susquehanna International Group's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.