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 | |
|---|---|---|---|---|---|---|
1576
Berkshire Hathaway Class A
BRK.A
$1.12T
| $12.1M | ﹤0.01% |
44
-30
| -41% | -$7.96M |
|
1577
CALL
CoStar Group
CSGP
$12.3B
| $12.1M | ﹤0.01% |
450,000
-200,000
| -31% | -$5.55M |
|
1578
CALL
Lennar Class A
LEN
$21.2B
| $12M | ﹤0.01% |
239,633
+57,466
| +32% | +$2.87M |
|
|
FITB
1579
PUT
Fifth Third Bancorp
FITB
$51.8B
| $12M | ﹤0.01% |
430,200
+78,500
| +22% | +$2.08M |
|
|
BBBY
1580
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $12M | ﹤0.01% |
512,400
+14,600
| +3% | +$409K |
|
1581
PUT
Impinj
PI
$5.6B
| $12M | ﹤0.01% |
288,600
+95,500
| +49% | +$4.02M |
|
|
FINL
1582
DELISTED
Finish Line
FINL
| $12M | ﹤0.01% |
997,820
+688,423
| +223% | +$8.22M |
|
|
MRO
1583
DELISTED
Marathon Oil Corporation
MRO
| $11.9M | ﹤0.01% |
881,271
-931,684
| -51% | -$11.1M |
|
1584
HDFC Bank
HDB
$121B
| $11.9M | ﹤0.01% |
494,844
+154,728
| +45% | +$3.68M |
|
1585
CALL
State Street SPDR S&P Bank ETF
KBE
$1.66B
| $11.9M | ﹤0.01% |
264,300
-956,900
| -78% | -$41M |
|
1586
CALL
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $11.9M | ﹤0.01% |
534,600
+125,000
| +31% | +$2.58M |
|
1587
PUT
Cheniere Energy
CQP
$31.3B
| $11.9M | ﹤0.01% |
412,700
-71,600
| -15% | -$2.07M |
|
1588
PUT
Ventas
VTR
$47.9B
| $11.9M | ﹤0.01% |
182,300
+73,000
| +67% | +$4.92M |
|
|
LLL
1589
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $11.9M | ﹤0.01% |
63,000
+33,800
| +116% | +$6.07M |
|
|
XEC
1590
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $11.9M | ﹤0.01% |
104,400
+64,800
| +164% | +$6.47M |
|
1591
CALL
Post Holdings
POST
$3.57B
| $11.8M | ﹤0.01% |
205,058
-12,835
| -6% | -$703K |
|
1592
CALL
Franco-Nevada
FNV
$46B
| $11.8M | ﹤0.01% |
152,700
-74,100
| -33% | -$5.69M |
|
1593
CALL
LKQ Corp
LKQ
$6.29B
| $11.8M | ﹤0.01% |
328,700
+213,000
| +184% | +$7.26M |
|
|
EQM
1594
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $11.8M | ﹤0.01% |
157,700
+97,700
| +163% | +$7.35M |
|
1595
Lumen
LUMN
$6.44B
| $11.8M | ﹤0.01% |
624,938
+503,338
| +414% | +$10.6M |
|
|
CSOD
1596
PUT
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $11.8M | ﹤0.01% |
290,800
+268,900
| +1,228% | +$9.94M |
|
1597
Valero Energy
VLO
$85.9B
| $11.8M | ﹤0.01% |
153,300
+81,358
| +113% | +$5.6M |
|
1598
PUT
Mettler-Toledo International
MTD
$28.6B
| $11.8M | ﹤0.01% |
18,800
-3,300
| -15% | -$1.98M |
|
1599
Vulcan Materials
VMC
$36.9B
| $11.8M | ﹤0.01% |
98,379
+69,375
| +239% | +$8.33M |
|
|
ALR
1600
PUT
DELISTED
Alere Inc
ALR
| $11.7M | ﹤0.01% |
230,400
+31,000
| +16% | +$1.55M |
|
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.