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 | |
|---|---|---|---|---|---|---|
1301
CALL
MBIA
MBI
$260M
| $17.6M | 0.01% |
2,025,500
-713,200
| -26% | -$7.16M |
|
|
ETFC
1302
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $17.6M | 0.01% |
403,800
-213,300
| -35% | -$8.66M |
|
|
BCR
1303
PUT
DELISTED
CR Bard Inc.
BCR
| $17.6M | 0.01% |
54,800
+10,600
| +24% | +$3.39M |
|
1304
PUT
Huntsman Corp
HUN
$1.77B
| $17.5M | 0.01% |
639,600
-197,000
| -24% | -$5.25M |
|
1305
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $17.5M | 0.01% |
135,400
+18,400
| +16% | +$2.33M |
|
1306
CALL
Tower Semiconductor
TSEM
$28.5B
| $17.5M | 0.01% |
568,700
-78,500
| -12% | -$2.14M |
|
|
HDS
1307
PUT
DELISTED
HD Supply Holdings, Inc.
HDS
| $17.5M | 0.01% |
484,200
-128,800
| -21% | -$4.14M |
|
1308
PUT
ProShares Ultra QQQ
QLD
$14.1B
| $17.4M | 0.01% |
2,172,800
-2,379,200
| -52% | -$18.6M |
|
|
ITCI
1309
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $17.4M | 0.01% |
1,105,027
+991,287
| +872% | +$14.5M |
|
1310
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.42B
| $17.4M | 0.01% |
541,300
-47,700
| -8% | -$1.49M |
|
|
BWLD
1311
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $17.4M | 0.01% |
+164,710
| New | +$18.3M |
|
1312
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $17.4M | 0.01% |
780,700
-599,400
| -43% | -$12.4M |
|
|
STRP
1313
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $17.4M | 0.01% |
96,100
-206,600
| -68% | -$37.1M |
|
1314
PUT
Cognizant
CTSH
$26B
| $17.2M | 0.01% |
237,000
-278,000
| -54% | -$19.5M |
|
|
NVRO
1315
CALL
DELISTED
NEVRO CORP.
NVRO
| $17.2M | 0.01% |
189,000
+154,900
| +454% | +$13.3M |
|
1316
CALL
Melco Resorts & Entertainment
MLCO
$2.14B
| $17.1M | 0.01% |
710,500
-66,200
| -9% | -$1.44M |
|
1317
CALL
WIX.com
WIX
$2.52B
| $17.1M | 0.01% |
238,400
+108,300
| +83% | +$7.2M |
|
1318
PUT
TSMC
TSM
$2.18T
| $17.1M | 0.01% |
455,900
-185,300
| -29% | -$6.77M |
|
1319
PUT
iShares MSCI Germany ETF
EWG
$1.62B
| $17.1M | 0.01% |
526,800
-184,300
| -26% | -$5.73M |
|
1320
PUT
Cirrus Logic
CRUS
$6.26B
| $17.1M | 0.01% |
320,300
-82,800
| -21% | -$4.85M |
|
|
GRA
1321
DELISTED
W.R. Grace & Co.
GRA
| $17.1M | 0.01% |
236,542
+119,850
| +103% | +$8.46M |
|
1322
CALL
Insmed
INSM
$28.6B
| $17.1M | 0.01% |
546,700
+379,000
| +226% | +$7.22M |
|
|
FIT
1323
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $17M | 0.01% |
2,448,751
+806,215
| +49% | +$4.69M |
|
1324
PUT
Factset
FDS
$10.2B
| $17M | 0.01% |
94,500
+60,300
| +176% | +$9.84M |
|
1325
CALL
NovoCure
NVCR
$1.91B
| $17M | 0.01% |
857,200
+343,800
| +67% | +$6.76M |
|
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.