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 |
Amazon
AMZN
|
+$685M |
| 2 |
BAS
Basis Energy Services, Inc.
BAS
|
+$459M |
| 3 |
WFT
Weatherford International plc
WFT
|
+$354M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Mondelez International
MDLZ
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$3.97B |
| 2 |
Bank of America
BAC
|
+$1.16B |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$192M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$174M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$141M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.73% |
| 2 | Consumer Discretionary | 1.44% |
| 3 | Healthcare | 1.18% |
| 4 | Financials | 1.13% |
| 5 | Energy | 0.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
176
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $194M | 0.1% |
1,077,100
+258,400
| +32% | +$47.3M |
|
|
TWTR
177
PUT
DELISTED
Twitter, Inc.
TWTR
| $192M | 0.1% |
11,806,700
-2,862,700
| -20% | -$52.5M |
|
|
CELG
178
PUT
DELISTED
Celgene Corp
CELG
| $191M | 0.1% |
1,652,800
-286,400
| -15% | -$31.9M |
|
179
CALL
General Motors
GM
$76.3B
| $190M | 0.1% |
5,460,600
-121,600
| -2% | -$4.09M |
|
180
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.52B
| $188M | 0.1% |
1,134,866
+1,107,825
| +4,097% | +$174M |
|
181
PUT
UnitedHealth
UNH
$367B
| $188M | 0.1% |
1,172,800
+106,300
| +10% | +$15.9M |
|
182
CALL
Broadcom
AVGO
$2T
| $187M | 0.09% |
10,579,000
-4,995,000
| -32% | -$86.5M |
|
183
PUT
McDonald's
MCD
$196B
| $187M | 0.09% |
1,534,400
-686,000
| -31% | -$80.4M |
|
184
PUT
Visa
V
$692B
| $185M | 0.09% |
2,375,300
+1,009,000
| +74% | +$81.1M |
|
185
CALL
Delta Air Lines
DAL
$60.5B
| $183M | 0.09% |
3,720,600
+670,500
| +22% | +$30.6M |
|
|
186
CALL
VanEck Gold Miners ETF
GDX
$25.6B
| $183M | 0.09% |
8,391,400
-2,078,800
| -20% | -$46.2M |
|
187
CALL
SLB Ltd
SLB
$76.5B
| $182M | 0.09% |
2,163,700
-617,000
| -22% | -$50.6M |
|
188
Petrobras Class A
PBR.A
$106B
| $182M | 0.09% |
20,609,043
-1,337,266
| -6% | -$12.7M |
|
189
PUT
Starbucks
SBUX
$120B
| $181M | 0.09% |
3,254,400
-1,101,000
| -25% | -$61M |
|
190
CALL
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.87B
| $179M | 0.09% |
6,249,400
+5,838,400
| +1,421% | +$160M |
|
191
PUT
Salesforce
CRM
$153B
| $178M | 0.09% |
2,604,900
+269,200
| +12% | +$19.5M |
|
192
PUT
Palo Alto Networks
PANW
$293B
| $177M | 0.09% |
8,509,800
+3,541,800
| +71% | +$84.9M |
|
193
PUT
Wynn Resorts
WYNN
$10.5B
| $175M | 0.09% |
2,018,800
+70,300
| +4% | +$6.58M |
|
194
PUT
Altria Group
MO
$113B
| $175M | 0.09% |
2,581,100
+224,800
| +10% | +$14.5M |
|
195
PUT
AutoZone
AZO
$50.1B
| $173M | 0.09% |
219,300
-56,800
| -21% | -$43.7M |
|
196
PUT
NXP Semiconductors
NXPI
$58.4B
| $173M | 0.09% |
1,765,700
+447,800
| +34% | +$44.5M |
|
197
Costco
COST
$421B
| $172M | 0.09% |
1,076,278
+771,753
| +253% | +$118M |
|
198
CALL
Qualcomm
QCOM
$168B
| $171M | 0.09% |
2,615,400
-1,149,100
| -31% | -$77.2M |
|
|
YHOO
199
CALL
DELISTED
Yahoo Inc
YHOO
| $170M | 0.09% |
4,402,700
-196,100
| -4% | -$8.04M |
|
|
WBA
200
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $169M | 0.09% |
2,043,400
+658,100
| +48% | +$54.4M |
|
Similar funds
Susquehanna International Group's Q4 2016 Portfolio in Review
As of Q4 2016, Susquehanna International Group held 10,783 positions worth $197B, down 4.9% from $207B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Susquehanna International Group withdrew a net $12.7B in Q4 2016, closing 1,274 positions and reducing 3,383 holdings. Its most notable exit was Synchrony, an estimated $104M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, up from 1.2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Susquehanna International Group opened a new position in Basis Energy Services, Inc. worth $59.7M.
- Susquehanna International Group's largest Q4 2016 buy was Basis Energy Services, Inc.: 1,689,160 shares worth $59.7M.
- Susquehanna International Group added most to Amazon in Q4 2016, an estimated $685M increase.
- Susquehanna International Group's biggest Q4 2016 reduction was Procter & Gamble, cutting an estimated $3.97B.
- Susquehanna International Group fully exited Synchrony in Q4 2016, selling an estimated $104M.
- Susquehanna International Group's ten largest holdings make up 21% of its $197B portfolio in Q4 2016.
- Susquehanna International Group opened 2,442 new positions and closed 1,274 in Q4 2016.
- Susquehanna International Group's portfolio value fell 4.9% quarter-over-quarter to $197B.
Based on Susquehanna International Group's 13F filing for Q4 2016, filed 14 Feb 2017.