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 | |
|---|---|---|---|---|---|---|
|
ETP
801
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $30.5M | 0.02% |
835,400
-783,900
| -48% | -$29.2M |
|
802
CALL
Public Storage
PSA
$61.2B
| $30.5M | 0.02% |
139,200
+82,800
| +147% | +$18.3M |
|
803
PUT
Dick's Sporting Goods
DKS
$18.4B
| $30.4M | 0.02% |
624,600
-445,600
| -42% | -$22.6M |
|
804
PUT
Nucor
NUE
$62B
| $30.2M | 0.02% |
506,400
+247,000
| +95% | +$15.1M |
|
|
SHPG
805
PUT
DELISTED
Shire pic
SHPG
| $30.2M | 0.02% |
173,200
-11,000
| -6% | -$1.92M |
|
806
CALL
Burlington
BURL
$23.2B
| $30M | 0.02% |
308,700
+64,400
| +26% | +$5.7M |
|
|
807
CALL
Nucor
NUE
$62B
| $29.9M | 0.02% |
500,400
+151,100
| +43% | +$9.23M |
|
808
Under Armour Class C
UA
$2.52B
| $29.9M | 0.02% |
1,632,497
-270,361
| -14% | -$5.63M |
|
|
SAFM
809
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $29.9M | 0.02% |
287,700
-153,500
| -35% | -$14.5M |
|
810
CALL
Aptiv
APTV
$10.1B
| $29.8M | 0.02% |
370,700
+141,000
| +61% | +$10.6M |
|
811
CALL
Edwards Lifesciences
EW
$51.5B
| $29.8M | 0.02% |
951,300
+522,900
| +122% | +$16.4M |
|
|
SINA
812
PUT
DELISTED
Sina Corp
SINA
| $29.8M | 0.02% |
413,300
-23,900
| -5% | -$1.69M |
|
813
CALL
Chubb
CB
$135B
| $29.7M | 0.02% |
218,200
+2,700
| +1% | +$363K |
|
814
PUT
Cirrus Logic
CRUS
$6.18B
| $29.7M | 0.02% |
489,300
+79,400
| +19% | +$4.52M |
|
815
Adobe
ADBE
$106B
| $29.7M | 0.02% |
+228,056
| New | +$26.8M |
|
816
CALL
Gen Digital
GEN
$17.5B
| $29.6M | 0.02% |
965,800
-145,100
| -13% | -$4.12M |
|
|
ICPT
817
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $29.6M | 0.02% |
261,700
-349,800
| -57% | -$40.8M |
|
818
PUT
Alaska Air
ALK
$5.63B
| $29.5M | 0.01% |
320,200
+114,300
| +56% | +$10.8M |
|
819
CALL
Tyson Foods
TSN
$20.5B
| $29.4M | 0.01% |
476,000
-140,400
| -23% | -$8.85M |
|
820
PUT
Bunge Global
BG
$21B
| $29.3M | 0.01% |
369,900
+66,700
| +22% | +$5M |
|
821
PUT
F5
FFIV
$22.9B
| $29.3M | 0.01% |
205,600
+8,800
| +4% | +$1.26M |
|
|
822
CALL
Air Products & Chemicals
APD
$67.3B
| $29.3M | 0.01% |
216,600
-35,000
| -14% | -$4.93M |
|
823
PUT
iShares MSCI Germany ETF
EWG
$1.62B
| $29.2M | 0.01% |
1,015,600
+701,700
| +224% | +$19.4M |
|
|
CELG
824
DELISTED
Celgene Corp
CELG
| $29.2M | 0.01% |
234,662
+230,546
| +5,601% | +$27.6M |
|
825
CALL
Sysco
SYY
$40.1B
| $29M | 0.01% |
558,700
-39,200
| -7% | -$2.08M |
|
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.