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 | |
|---|---|---|---|---|---|---|
|
ZGNX
1926
PUT
DELISTED
Zogenix, Inc.
ZGNX
| $8.27M | ﹤0.01% |
236,000
+26,400
| +13% | +$358K |
|
1927
AngloGold Ashanti
AU
$48.7B
| $8.27M | ﹤0.01% |
890,079
+391,904
| +79% | +$3.79M |
|
1928
Infosys
INFY
$50.7B
| $8.27M | ﹤0.01% |
1,133,094
+616,372
| +119% | +$4.67M |
|
1929
Cheniere Energy
CQP
$31.3B
| $8.26M | ﹤0.01% |
286,759
+175,890
| +159% | +$5.08M |
|
1930
PUT
Rithm Capital
RITM
$5.69B
| $8.26M | ﹤0.01% |
493,800
-764,400
| -61% | -$12.5M |
|
1931
EQT Corp
EQT
$32.3B
| $8.26M | ﹤0.01% |
232,531
+175,184
| +305% | +$5.96M |
|
1932
CALL
Regency Centers
REG
$14.1B
| $8.26M | ﹤0.01% |
+133,100
| New | +$8.57M |
|
|
DATA
1933
DELISTED
Tableau Software, Inc.
DATA
| $8.26M | ﹤0.01% |
+110,265
| New | +$7.66M |
|
|
TWOU
1934
CALL
DELISTED
2U Inc
TWOU
| $8.24M | ﹤0.01% |
4,903
-2,857
| -37% | -$4.3M |
|
|
BITA
1935
CALL
DELISTED
Bitauto Holdings Limited
BITA
| $8.24M | ﹤0.01% |
184,500
+2,700
| +1% | +$97.5K |
|
|
HA
1936
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.22M | ﹤0.01% |
218,800
-34,900
| -14% | -$1.48M |
|
1937
PUT
Packaging Corp of America
PKG
$22.8B
| $8.21M | ﹤0.01% |
71,600
+26,500
| +59% | +$2.96M |
|
|
ARNA
1938
PUT
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $8.18M | ﹤0.01% |
320,900
+149,700
| +87% | +$3.43M |
|
1939
CALL
Essex Property Trust
ESS
$18.5B
| $8.18M | ﹤0.01% |
32,200
+22,300
| +225% | +$5.82M |
|
1940
PUT
Macerich
MAC
$6.92B
| $8.18M | ﹤0.01% |
148,800
-21,600
| -13% | -$1.21M |
|
1941
PUT
Eagle Materials
EXP
$6.57B
| $8.16M | ﹤0.01% |
76,500
+31,300
| +69% | +$2.99M |
|
|
CTRA
1942
DELISTED
Coterra Energy
CTRA
| $8.16M | ﹤0.01% |
305,031
-536,286
| -64% | -$13.6M |
|
1943
CALL
Trade Desk
TTD
$6.49B
| $8.15M | ﹤0.01% |
1,325,000
-186,000
| -12% | -$1.01M |
|
|
K
1944
DELISTED
Kellanova
K
| $8.13M | ﹤0.01% |
138,824
-3,581
| -3% | -$226K |
|
1945
Jack in the Box
JACK
$335M
| $8.12M | ﹤0.01% |
79,711
-42,462
| -35% | -$4.06M |
|
1946
CALL
ManpowerGroup
MAN
$2.63B
| $8.12M | ﹤0.01% |
68,900
-18,200
| -21% | -$2.04M |
|
1947
CALL
Galicia Financial Group
GGAL
$7.42B
| $8.11M | ﹤0.01% |
157,400
+26,100
| +20% | +$1.12M |
|
1948
PUT
Mid-America Apartment Communities
MAA
$15.7B
| $8.1M | ﹤0.01% |
75,800
-30,100
| -28% | -$3.16M |
|
|
RGC
1949
PUT
DELISTED
Regal Entertainment Group
RGC
| $8.1M | ﹤0.01% |
506,400
+495,600
| +4,589% | +$8.54M |
|
1950
PUT
DexCom
DXCM
$32B
| $8.1M | ﹤0.01% |
662,000
-158,800
| -19% | -$2.81M |
|
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.