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 | |
|---|---|---|---|---|---|---|
126
CALL
Intuitive Surgical
ISRG
$131B
| $261M | 0.13% |
3,062,700
+1,354,500
| +79% | +$107M |
|
127
CALL
UnitedHealth
UNH
$374B
| $259M | 0.13% |
1,580,600
-687,100
| -30% | -$113M |
|
|
128
PUT
Intuitive Surgical
ISRG
$131B
| $258M | 0.13% |
3,030,300
-846,000
| -22% | -$66.8M |
|
129
PUT
Palo Alto Networks
PANW
$296B
| $253M | 0.13% |
13,447,200
+4,937,400
| +58% | +$110M |
|
130
CALL
Coca-Cola
KO
$373B
| $250M | 0.13% |
5,889,900
+39,100
| +0.7% | +$1.63M |
|
|
CELG
131
PUT
DELISTED
Celgene Corp
CELG
| $250M | 0.13% |
2,006,000
+353,200
| +21% | +$42.3M |
|
132
CALL
Caterpillar
CAT
$414B
| $250M | 0.13% |
2,690,800
-41,000
| -2% | -$3.88M |
|
133
CALL
Micron Technology
MU
$1.04T
| $248M | 0.13% |
8,583,400
-2,817,800
| -25% | -$68.8M |
|
|
WFT
134
DELISTED
Weatherford International plc
WFT
| $248M | 0.13% |
37,267,363
-30,907,294
| -45% | -$181M |
|
135
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.1B
| $247M | 0.13% |
792,000
+123,200
| +18% | +$38.2M |
|
136
PUT
Blackstone
BX
$108B
| $247M | 0.13% |
8,330,900
+2,737,000
| +49% | +$82.3M |
|
137
PUT
Lockheed Martin
LMT
$134B
| $245M | 0.12% |
915,500
-47,700
| -5% | -$12.5M |
|
138
CALL
Verizon
VZ
$190B
| $243M | 0.12% |
4,974,000
-3,981,500
| -44% | -$200M |
|
|
VXX
139
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $239M | 0.12% |
3,789,650
+113,175
| +3% | +$8.39M |
|
140
Alphabet (Google) Class C
GOOG
$4.58T
| $236M | 0.12% |
5,700,800
+2,522,340
| +79% | +$103M |
|
141
CALL
AutoZone
AZO
$49.7B
| $234M | 0.12% |
323,800
+60,200
| +23% | +$44.6M |
|
142
CALL
FedEx
FDX
$73.6B
| $233M | 0.12% |
1,194,400
-162,800
| -12% | -$31.1M |
|
143
CALL
Gilead Sciences
GILD
$161B
| $233M | 0.12% |
3,427,300
-2,427,500
| -41% | -$171M |
|
144
PUT
Home Depot
HD
$351B
| $231M | 0.12% |
1,575,100
+40,600
| +3% | +$5.76M |
|
145
PUT
Costco
COST
$416B
| $227M | 0.11% |
1,353,200
-207,400
| -13% | -$34.8M |
|
146
Booking.com
BKNG
$160B
| $227M | 0.11% |
3,184,300
-2,290,750
| -42% | -$151M |
|
147
Citigroup
C
$232B
| $225M | 0.11% |
3,767,301
-2,416,027
| -39% | -$143M |
|
148
PUT
Western Digital
WDC
$191B
| $225M | 0.11% |
3,598,957
-245,549
| -6% | -$14.1M |
|
|
149
CALL
Western Digital
WDC
$191B
| $223M | 0.11% |
3,580,038
+1,240,577
| +53% | +$71.3M |
|
150
PUT
iShares MSCI Brazil ETF
EWZ
$9.19B
| $221M | 0.11% |
5,903,300
+1,028,100
| +21% | +$38.4M |
|
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 $13.1B in Q1 2017, closing 2,170 positions and reducing 3,725 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.