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 | |
|---|---|---|---|---|---|---|
|
CRC
1601
CALL
DELISTED
California Resources Corporation
CRC
| $10.2M | 0.01% |
680,500
-211,000
| -24% | -$3.87M |
|
1602
iShares Core S&P Small-Cap ETF
IJR
$112B
| $10.2M | 0.01% |
+147,925
| New | +$10.2M |
|
1603
PUT
Henry Schein
HSIC
$9.82B
| $10.2M | 0.01% |
153,255
-155,805
| -50% | -$10.1M |
|
1604
iShares International Treasury Bond ETF
IGOV
$1.54B
| $10.2M | 0.01% |
223,116
-134,514
| -38% | -$6.09M |
|
1605
PUT
Icahn Enterprises
IEP
$5.3B
| $10.2M | 0.01% |
198,900
+75,200
| +61% | +$4.24M |
|
1606
CALL
VeriSign
VRSN
$26.6B
| $10.2M | 0.01% |
117,000
+7,100
| +6% | +$590K |
|
1607
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$530M
| $10.2M | 0.01% |
242,034
+184,040
| +317% | +$7.63M |
|
1608
PUT
Baxter International
BAX
$14.2B
| $10.2M | 0.01% |
196,100
-279,200
| -59% | -$13.7M |
|
1609
Southwest Airlines
LUV
$23B
| $10.2M | 0.01% |
189,115
+151,056
| +397% | +$8.12M |
|
1610
Workday
WDAY
$44.4B
| $10.2M | 0.01% |
+121,933
| New | +$10.1M |
|
|
LTRPA
1611
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.2M | 0.01% |
720,034
+35,288
| +5% | +$555K |
|
|
SHPG
1612
DELISTED
Shire pic
SHPG
| $10.2M | 0.01% |
58,268
+45,445
| +354% | +$7.94M |
|
1613
CALL
Zimmer Biomet
ZBH
$18.4B
| $10.1M | 0.01% |
85,490
+11,948
| +16% | +$1.35M |
|
1614
PUT
SAP
SAP
$238B
| $10.1M | 0.01% |
102,900
+83,700
| +436% | +$7.78M |
|
|
SMC
1615
PUT
Summit Midstream
SMC
$419M
| $10.1M | 0.01% |
28,007
+27,054
| +2,839% | +$9.79M |
|
|
AXON
1616
PUT
Axon Enterprise
AXON
$46.4B
| $10.1M | 0.01% |
441,200
-160,400
| -27% | -$3.94M |
|
1617
PUT
Albemarle
ALB
$15.5B
| $10M | 0.01% |
95,000
+26,800
| +39% | +$2.61M |
|
1618
CALL
KB Home
KBH
$3.59B
| $10M | 0.01% |
504,500
+90,200
| +22% | +$1.58M |
|
|
JOYY
1619
CALL
JOYY Inc
JOYY
$3.75B
| $10M | 0.01% |
217,200
-343,600
| -61% | -$15.2M |
|
|
SRG
1620
PUT
Seritage Growth Properties
SRG
$136M
| $9.97M | 0.01% |
231,100
-59,800
| -21% | -$2.6M |
|
1621
Bath & Body Works
BBWI
$4.1B
| $9.97M | 0.01% |
261,868
+223,813
| +588% | +$10.1M |
|
1622
PUT
ICICI Bank
IBN
$108B
| $9.96M | 0.01% |
1,274,350
-274,450
| -18% | -$2.05M |
|
1623
PUT
Paychex
PAYX
$42.7B
| $9.95M | 0.01% |
169,000
+35,200
| +26% | +$2.14M |
|
1624
CALL
Fortive
FTV
$18.6B
| $9.95M | 0.01% |
261,968
+225,337
| +615% | +$8.08M |
|
|
1625
ICICI Bank
IBN
$108B
| $9.95M | 0.01% |
1,272,482
-670,570
| -35% | -$5.01M |
|
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.