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 | |
|---|---|---|---|---|---|---|
|
PDCE
1726
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $10.3M | ﹤0.01% |
211,000
+69,000
| +49% | +$2.97M |
|
1727
PUT
ICICI Bank
IBN
$108B
| $10.3M | ﹤0.01% |
1,208,450
+373,990
| +45% | +$3.42M |
|
|
SODA
1728
PUT
DELISTED
SodaStream International Ltd
SODA
| $10.3M | ﹤0.01% |
155,600
+43,300
| +39% | +$2.52M |
|
1729
Nokia
NOK
$52.3B
| $10.3M | ﹤0.01% |
1,728,167
-645,541
| -27% | -$4.01M |
|
1730
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $10.3M | ﹤0.01% |
75,769
-695,747
| -90% | -$87.2M |
|
1731
CALL
M&T Bank
MTB
$36.2B
| $10.3M | ﹤0.01% |
63,900
-14,100
| -18% | -$2.22M |
|
1732
Vanguard FTSE Pacific ETF
VPL
$8.43B
| $10.3M | ﹤0.01% |
150,559
+55,456
| +58% | +$3.73M |
|
|
BMS
1733
CALL
DELISTED
Bemis
BMS
| $10.3M | ﹤0.01% |
225,000
+151,700
| +207% | +$6.77M |
|
1734
CALL
The Greenbrier Companies
GBX
$1.46B
| $10.2M | ﹤0.01% |
212,600
+20,100
| +10% | +$892K |
|
1735
CALL
Cadence Design Systems
CDNS
$93.4B
| $10.2M | ﹤0.01% |
258,100
+127,300
| +97% | +$4.69M |
|
1736
PUT
State Street
STT
$50.7B
| $10.2M | ﹤0.01% |
106,500
-90,100
| -46% | -$8.39M |
|
1737
PUT
NRG Energy
NRG
$24.8B
| $10.2M | ﹤0.01% |
397,000
-111,100
| -22% | -$2.63M |
|
|
COHR
1738
CALL
DELISTED
Coherent Inc
COHR
| $10.2M | ﹤0.01% |
43,200
-27,900
| -39% | -$6.73M |
|
|
GWPH
1739
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $10.2M | ﹤0.01% |
100,027
-36,530
| -27% | -$3.91M |
|
1740
RH
RH
$3.71B
| $10.1M | ﹤0.01% |
+144,304
| New | +$9.05M |
|
1741
PUT
Healthpeak Properties
DOC
$14.8B
| $10.1M | ﹤0.01% |
364,500
+33,300
| +10% | +$1M |
|
1742
Alphabet (Google) Class C
GOOG
$4.32T
| $10.1M | ﹤0.01% |
+211,500
| New | +$9.85M |
|
1743
CALL
SolarEdge
SEDG
$1.95B
| $10.1M | ﹤0.01% |
354,700
+216,500
| +157% | +$5.46M |
|
|
ASB.WS
1744
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $10.1M | ﹤0.01% |
2,043,908
| – | – |
|
1745
CALL
Copa Holdings
CPA
$5.8B
| $10.1M | ﹤0.01% |
80,700
+19,200
| +31% | +$2.43M |
|
1746
CALL
Norwegian Cruise Line
NCLH
$8.84B
| $10M | ﹤0.01% |
185,700
-19,500
| -10% | -$1.09M |
|
1747
CALL
Sempra
SRE
$54.8B
| $10M | ﹤0.01% |
175,800
-14,400
| -8% | -$833K |
|
|
TGNA
1748
CALL
DELISTED
TEGNA Inc
TGNA
| $10M | ﹤0.01% |
752,600
+344,200
| +84% | +$4.62M |
|
|
JNPR
1749
PUT
DELISTED
Juniper Networks
JNPR
| $10M | ﹤0.01% |
360,400
-129,200
| -26% | -$3.62M |
|
1750
CALL
Xylem
XYL
$28.1B
| $10M | ﹤0.01% |
160,000
+73,800
| +86% | +$4.41M |
|
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.