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 | |
|---|---|---|---|---|---|---|
176
PUT
Starbucks
SBUX
$118B
| $195M | 0.1% |
3,344,100
+89,700
| +3% | +$5.08M |
|
177
CALL
State Street Energy Select Sector SPDR ETF
XLE
$38.4B
| $194M | 0.1% |
5,564,600
-3,108,600
| -36% | -$112M |
|
178
CALL
Broadcom
AVGO
$1.99T
| $193M | 0.1% |
8,814,000
-1,765,000
| -17% | -$36.3M |
|
179
PUT
AutoZone
AZO
$48.8B
| $189M | 0.1% |
261,400
+42,100
| +19% | +$31.2M |
|
|
YHOO
180
CALL
DELISTED
Yahoo Inc
YHOO
| $188M | 0.1% |
4,046,500
-356,200
| -8% | -$15.9M |
|
181
PUT
Micron Technology
MU
$1.01T
| $187M | 0.09% |
6,481,500
-1,230,600
| -16% | -$30.1M |
|
182
CALL
Philip Morris
PM
$292B
| $187M | 0.09% |
1,658,300
-36,500
| -2% | -$3.77M |
|
183
CALL
Constellation Brands
STZ
$22.4B
| $187M | 0.09% |
1,152,000
+679,400
| +144% | +$106M |
|
184
PUT
Coca-Cola
KO
$372B
| $186M | 0.09% |
4,385,800
+1,040,300
| +31% | +$43.4M |
|
185
CALL
MetLife
MET
$62B
| $184M | 0.09% |
3,909,833
-1,928,943
| -33% | -$92M |
|
|
X
186
PUT
DELISTED
US Steel
X
| $184M | 0.09% |
5,441,900
-2,791,800
| -34% | -$99.2M |
|
187
PUT
Deutsche Bank
DB
$70.4B
| $183M | 0.09% |
10,662,000
+3,179,056
| +42% | +$55M |
|
188
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.63B
| $182M | 0.09% |
1,218,116
+83,250
| +7% | +$13M |
|
189
PUT
Comcast
CMCSA
$87.2B
| $180M | 0.09% |
4,779,000
+1,644,000
| +52% | +$61M |
|
190
PUT
United Parcel Service
UPS
$90.8B
| $179M | 0.09% |
1,667,200
+732,900
| +78% | +$80.1M |
|
|
191
PUT
Constellation Brands
STZ
$22.4B
| $179M | 0.09% |
1,103,600
+482,800
| +78% | +$75.3M |
|
192
PUT
Nike
NKE
$61.6B
| $178M | 0.09% |
3,192,300
-3,201,300
| -50% | -$177M |
|
193
CALL
Oracle
ORCL
$420B
| $177M | 0.09% |
3,957,000
+1,501,800
| +61% | +$62.5M |
|
194
PUT
NetEase
NTES
$84.2B
| $175M | 0.09% |
3,081,500
+807,500
| +36% | +$43.5M |
|
195
PUT
Teva Pharmaceuticals
TEVA
$40.2B
| $175M | 0.09% |
5,438,900
-294,400
| -5% | -$10M |
|
196
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $174M | 0.09% |
1,678,500
-563,600
| -25% | -$58.3M |
|
197
CALL
Deere & Co
DE
$163B
| $173M | 0.09% |
1,589,900
+908,900
| +133% | +$98.5M |
|
198
CALL
iShares MSCI Brazil ETF
EWZ
$9.14B
| $173M | 0.09% |
4,620,300
-1,516,900
| -25% | -$56.7M |
|
199
CALL
United States Oil Fund
USO
$1.81B
| $172M | 0.09% |
2,022,100
-1,134,863
| -36% | -$101M |
|
200
Petrobras Class A
PBR.A
$107B
| $171M | 0.09% |
18,551,619
-2,057,424
| -10% | -$19.6M |
|
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 $13.1B in Q1 2017, closing 2,170 positions and reducing 3,725 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.