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 | |
|---|---|---|---|---|---|---|
1501
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.18B
| $13.7M | 0.01% |
+168,903
| New | +$13.6M |
|
|
AMJ
1502
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $13.7M | 0.01% |
485,400
+184,200
| +61% | +$5.3M |
|
1503
PUT
VeriSign
VRSN
$26.6B
| $13.7M | 0.01% |
128,700
+34,600
| +37% | +$3.48M |
|
|
GGP
1504
PUT
DELISTED
GGP Inc.
GGP
| $13.7M | 0.01% |
657,700
-109,300
| -14% | -$2.39M |
|
|
TFCFA
1505
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $13.6M | 0.01% |
516,500
+127,300
| +33% | +$3.51M |
|
1506
CALL
Raymond James Financial
RJF
$34B
| $13.6M | 0.01% |
242,100
-103,800
| -30% | -$5.6M |
|
|
BZUN
1507
Baozun
BZUN
$172M
| $13.6M | 0.01% |
415,456
+258,436
| +165% | +$8.17M |
|
1508
CALL
Trinity Industries
TRN
$2.38B
| $13.6M | 0.01% |
592,547
-834
| -0.1% | -$17.2K |
|
|
OPLN
1509
CALL
Openlane
OPLN
$4.54B
| $13.6M | 0.01% |
+752,177
| New | +$12.4M |
|
1510
CALL
Bread Financial
BFH
$4.38B
| $13.6M | 0.01% |
76,684
+17,793
| +30% | +$3.3M |
|
|
ZIONZ
1511
DELISTED
Zions Bancorporation N.A. Warrants
ZIONZ
| $13.5M | 0.01% |
1,167,000
| – | – |
|
1512
PUT
Wolfspeed
WOLF
$1.71B
| $13.5M | 0.01% |
480,500
+173,700
| +57% | +$4.32M |
|
1513
PUT
Baxter International
BAX
$14.2B
| $13.5M | 0.01% |
215,000
-24,100
| -10% | -$1.49M |
|
1514
PUT
JetBlue
JBLU
$2.29B
| $13.4M | 0.01% |
724,900
+352,200
| +94% | +$7.38M |
|
1515
SLB Ltd
SLB
$75B
| $13.4M | 0.01% |
192,520
-644,766
| -77% | -$42.6M |
|
1516
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $13.4M | 0.01% |
114,700
-10,400
| -8% | -$1.2M |
|
1517
CALL
National Beverage
FIZZ
$3.01B
| $13.3M | 0.01% |
215,000
+135,600
| +171% | +$7.52M |
|
1518
PUT
Lennar Class A
LEN
$21.2B
| $13.3M | 0.01% |
265,057
-110,308
| -29% | -$5.5M |
|
|
LSXMK
1519
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $13.3M | 0.01% |
417,487
+10,690
| +3% | +$348K |
|
|
TFCF
1520
PUT
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $13.3M | 0.01% |
515,700
+208,100
| +68% | +$5.65M |
|
|
ALR
1521
DELISTED
Alere Inc
ALR
| $13.3M | 0.01% |
260,770
+124,627
| +92% | +$6.22M |
|
1522
Newell Brands
NWL
$2.56B
| $13.3M | 0.01% |
311,148
+238,961
| +331% | +$11.7M |
|
1523
PUT
Estee Lauder
EL
$32B
| $13.3M | 0.01% |
123,100
-27,000
| -18% | -$2.77M |
|
1524
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $13.3M | 0.01% |
303,000
-170,000
| -36% | -$7.28M |
|
1525
CALL
Canadian National Railway
CNI
$76.6B
| $13.2M | 0.01% |
159,800
-114,800
| -42% | -$9.31M |
|
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.