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 | |
|---|---|---|---|---|---|---|
|
HIMX
1526
CALL
Himax Technologies
HIMX
$2.55B
| $11M | 0.01% |
1,202,600
+396,000
| +49% | +$2.68M |
|
1527
Franklin Resources
BEN
$17.2B
| $10.9M | 0.01% |
259,808
-40,387
| -13% | -$1.68M |
|
|
GBT
1528
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $10.9M | 0.01% |
296,900
+260,600
| +718% | +$6.56M |
|
1529
CALL
XPO
XPO
$23.7B
| $10.9M | 0.01% |
660,394
-913,392
| -58% | -$14.9M |
|
|
ASB.WS
1530
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $10.9M | 0.01% |
2,043,908
| – | – |
|
|
NAV
1531
CALL
DELISTED
Navistar International
NAV
| $10.9M | 0.01% |
443,700
-654,500
| -60% | -$18M |
|
1532
PUT
Stellantis
STLA
$20.8B
| $10.9M | 0.01% |
1,002,394
-25,903
| -3% | -$279K |
|
|
WWAV
1533
DELISTED
The WhiteWave Foods Company
WWAV
| $10.9M | 0.01% |
194,032
-95,070
| -33% | -$5.25M |
|
|
CY
1534
DELISTED
Cypress Semiconductor
CY
| $10.9M | 0.01% |
790,888
+168,443
| +27% | +$2.15M |
|
1535
CALL
Tenet Healthcare
THC
$21.1B
| $10.9M | 0.01% |
614,200
+208,900
| +52% | +$3.87M |
|
1536
CALL
Ross Stores
ROST
$81.9B
| $10.9M | 0.01% |
165,100
+23,700
| +17% | +$1.58M |
|
|
JOYY
1537
JOYY Inc
JOYY
$3.75B
| $10.9M | 0.01% |
235,585
-117,818
| -33% | -$5.23M |
|
1538
CALL
iShares Russell 2000 Value ETF
IWN
$14.6B
| $10.9M | 0.01% |
91,900
+33,100
| +56% | +$3.93M |
|
1539
PUT
Zimmer Biomet
ZBH
$18.4B
| $10.9M | 0.01% |
91,567
-46,453
| -34% | -$5.26M |
|
1540
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$161M
| $10.8M | 0.01% |
146,700
+46,300
| +46% | +$3.1M |
|
1541
CALL
Factset
FDS
$10.2B
| $10.8M | 0.01% |
65,500
+22,400
| +52% | +$3.92M |
|
1542
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $10.8M | 0.01% |
+104,354
| New | +$10.8M |
|
1543
PUT
Interactive Brokers
IBKR
$39.8B
| $10.8M | 0.01% |
1,242,400
+720,800
| +138% | +$6.71M |
|
|
IBDJ
1544
DELISTED
iShares iBonds Dec 2017 Term Corporate ETF
IBDJ
| $10.8M | 0.01% |
+433,836
| New | +$10.8M |
|
1545
PUT
Banco Macro
BMA
$5.35B
| $10.8M | 0.01% |
124,300
+95,100
| +326% | +$7.55M |
|
1546
PUT
Chemours
CC
$2.37B
| $10.8M | 0.01% |
279,600
-35,500
| -11% | -$1.07M |
|
1547
PUT
IQVIA
IQV
$39.3B
| $10.7M | 0.01% |
133,300
+122,100
| +1,090% | +$9.53M |
|
1548
PUT
Suncor Energy
SU
$70.3B
| $10.7M | 0.01% |
349,100
-72,800
| -17% | -$2.29M |
|
1549
CALL
Core Laboratories
CLB
$521M
| $10.7M | 0.01% |
92,800
-34,900
| -27% | -$4.06M |
|
1550
CALL
Centene
CNC
$32.5B
| $10.7M | 0.01% |
300,600
+114,000
| +61% | +$3.82M |
|
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.