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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.37% |
| 2 | Consumer Discretionary | 1.4% |
| 3 | Communication Services | 0.94% |
| 4 | Healthcare | 0.7% |
| 5 | Financials | 0.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
PUT
3M
MMM
$92.3B
| $393M | 0.15% |
2,239,630
+1,044,108
| +87% | +$181M |
|
102
PUT
Broadcom
AVGO
$1.98T
| $389M | 0.15% |
16,027,000
+13,000
| +0.1% | +$321K |
|
103
PUT
IBM
IBM
$218B
| $384M | 0.15% |
2,768,762
-640,257
| -19% | -$89.2M |
|
104
CALL
Walmart Inc
WMT
$875B
| $383M | 0.15% |
14,698,800
+2,511,300
| +21% | +$65.9M |
|
105
Booking.com
BKNG
$150B
| $382M | 0.15% |
5,220,450
-1,698,025
| -25% | -$129M |
|
106
PUT
Starbucks
SBUX
$119B
| $381M | 0.15% |
7,088,300
+3,548,000
| +100% | +$197M |
|
107
CALL
Chevron
CVX
$380B
| $378M | 0.15% |
3,217,800
+623,300
| +24% | +$68M |
|
108
PUT
Home Depot
HD
$346B
| $375M | 0.14% |
2,292,000
+295,300
| +15% | +$45.3M |
|
109
PUT
Johnson & Johnson
JNJ
$608B
| $372M | 0.14% |
2,859,300
-485,700
| -15% | -$64.4M |
|
110
PUT
iShares MSCI Brazil ETF
EWZ
$9.22B
| $361M | 0.14% |
8,662,300
+4,468,500
| +107% | +$175M |
|
111
CALL
ExxonMobil
XOM
$634B
| $353M | 0.14% |
4,308,600
-107,500
| -2% | -$8.54M |
|
|
CELG
112
PUT
DELISTED
Celgene Corp
CELG
| $351M | 0.14% |
2,406,900
-64,400
| -3% | -$8.77M |
|
|
113
PUT
ExxonMobil
XOM
$634B
| $350M | 0.14% |
4,272,900
-522,500
| -11% | -$41.5M |
|
114
CALL
AB InBev
BUD
$166B
| $349M | 0.14% |
2,928,600
-675,800
| -19% | -$79.1M |
|
115
PUT
Union Pacific
UNP
$175B
| $349M | 0.13% |
3,009,500
-697,600
| -19% | -$74.8M |
|
|
116
PUT
Intel
INTC
$505B
| $346M | 0.13% |
9,076,000
-4,583,100
| -34% | -$163M |
|
|
AABA
117
PUT
DELISTED
Altaba Inc
AABA
| $337M | 0.13% |
5,083,600
-54,000
| -1% | -$3.31M |
|
|
118
PUT
Walmart Inc
WMT
$875B
| $333M | 0.13% |
12,790,800
+2,599,200
| +26% | +$68.2M |
|
119
PUT
General Motors
GM
$76.6B
| $332M | 0.13% |
8,228,700
+20,200
| +0.2% | +$738K |
|
|
TWX
120
PUT
DELISTED
Time Warner Inc
TWX
| $331M | 0.13% |
3,231,200
+2,119,400
| +191% | +$215M |
|
|
121
Tesla
TSLA
$1.28T
| $331M | 0.13% |
14,541,540
+11,940,510
| +459% | +$275M |
|
122
PUT
Bristol-Myers Squibb
BMY
$131B
| $331M | 0.13% |
5,185,900
-1,472,700
| -22% | -$86M |
|
|
AGN
123
CALL
DELISTED
Allergan plc
AGN
| $330M | 0.13% |
1,612,200
-331,600
| -17% | -$77.1M |
|
|
124
PUT
Chevron
CVX
$380B
| $330M | 0.13% |
2,811,800
+197,600
| +8% | +$21.6M |
|
125
PUT
NetEase
NTES
$83.2B
| $325M | 0.13% |
6,154,000
+1,855,500
| +43% | +$107M |
|
Similar funds
Susquehanna International Group's Q3 2017 Portfolio in Review
As of Q3 2017, Susquehanna International Group held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- Susquehanna International Group's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Susquehanna International Group added most to Apple in Q3 2017, an estimated $1.31B increase.
- Susquehanna International Group's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Susquehanna International Group fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Susquehanna International Group's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Susquehanna International Group opened 1,312 new positions and closed 1,693 in Q3 2017.
- Susquehanna International Group's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.