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
|
+$781M |
| 2 |
Amazon
AMZN
|
+$728M |
| 3 |
AABA
Altaba Inc
AABA
|
+$535M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$296M |
| 5 |
Booking.com
BKNG
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$353M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$261M |
| 3 |
Alibaba
BABA
|
+$228M |
| 4 |
Citigroup
C
|
+$170M |
| 5 |
DuPont de Nemours
DD
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Consumer Discretionary | 1.45% |
| 3 | Financials | 1% |
| 4 | Healthcare | 0.88% |
| 5 | Communication Services | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VXX
176
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $221M | 0.1% |
4,334,775
-531,850
| -11% | -$30.7M |
|
177
PUT
Pfizer
PFE
$143B
| $214M | 0.09% |
6,720,093
-2,324,492
| -26% | -$73.3M |
|
178
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $211M | 0.09% |
3,093,300
-245,200
| -7% | -$16.4M |
|
179
CALL
Mastercard
MA
$502B
| $211M | 0.09% |
1,734,500
+451,600
| +35% | +$53.6M |
|
180
PUT
3M
MMM
$90.9B
| $208M | 0.09% |
1,195,522
-1,423,000
| -54% | -$238M |
|
181
PUT
Salesforce
CRM
$151B
| $207M | 0.09% |
2,390,700
+609,900
| +34% | +$53.1M |
|
182
Invesco QQQ Trust
QQQ
$453B
| $207M | 0.09% |
1,502,878
+780,917
| +108% | +$107M |
|
183
PUT
Starbucks
SBUX
$120B
| $206M | 0.09% |
3,540,300
+196,200
| +6% | +$11.9M |
|
184
PUT
UnitedHealth
UNH
$376B
| $206M | 0.09% |
1,110,500
+94,000
| +9% | +$16.5M |
|
185
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$224M
| $206M | 0.09% |
422
+98
| +30% | +$64.4M |
|
186
CALL
American Airlines Group
AAL
$10.1B
| $205M | 0.09% |
4,077,400
-2,462,300
| -38% | -$114M |
|
187
Costco
COST
$422B
| $204M | 0.09% |
1,274,532
+952,506
| +296% | +$164M |
|
|
188
CALL
UnitedHealth
UNH
$376B
| $203M | 0.09% |
1,096,200
-484,400
| -31% | -$84.9M |
|
189
VanEck Gold Miners ETF
GDX
$22.7B
| $202M | 0.09% |
9,137,177
-3,688,281
| -29% | -$83.9M |
|
190
CALL
MetLife
MET
$61.9B
| $201M | 0.09% |
4,113,140
+203,307
| +5% | +$9.43M |
|
191
PUT
Teva Pharmaceuticals
TEVA
$40.8B
| $201M | 0.09% |
6,035,800
+596,900
| +11% | +$18.5M |
|
|
MON
192
CALL
DELISTED
Monsanto Co
MON
| $200M | 0.09% |
1,692,200
+413,300
| +32% | +$48.2M |
|
|
193
CALL
Costco
COST
$422B
| $200M | 0.09% |
1,252,300
+393,200
| +46% | +$67.8M |
|
|
TWX
194
CALL
DELISTED
Time Warner Inc
TWX
| $200M | 0.09% |
1,993,800
+864,300
| +77% | +$85.6M |
|
195
CALL
iShares China Large-Cap ETF
FXI
$4.37B
| $198M | 0.09% |
4,998,000
-1,940,000
| -28% | -$76M |
|
|
196
PUT
MetLife
MET
$61.9B
| $196M | 0.09% |
3,995,666
+579,625
| +17% | +$26.9M |
|
|
197
CALL
Pfizer
PFE
$143B
| $194M | 0.09% |
6,092,752
-2,001,546
| -25% | -$63.1M |
|
198
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $192M | 0.08% |
605,600
-186,400
| -24% | -$58.7M |
|
199
CALL
iShares US Real Estate ETF
IYR
$4.66B
| $192M | 0.08% |
2,402,100
+1,171,600
| +95% | +$93.2M |
|
200
CALL
Nike
NKE
$61.9B
| $190M | 0.08% |
3,221,800
+677,400
| +27% | +$36.5M |
|
Similar funds
Susquehanna International Group's Q2 2017 Portfolio in Review
As of Q2 2017, Susquehanna International Group held 10,525 positions worth $228B, up 15% from $198B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Susquehanna International Group deployed $21.5B of net new capital in Q2 2017, opening 1,702 new positions and adding to 3,804 existing holdings. Its largest new stake was Altaba Inc: 9,835,232 shares worth $536M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.1% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $353M trimmed.
- Susquehanna International Group's largest Q2 2017 buy was Altaba Inc: 9,835,232 shares worth $536M.
- Susquehanna International Group added most to Apple in Q2 2017, an estimated $781M increase.
- Susquehanna International Group's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $353M.
- Susquehanna International Group fully exited Alphabet (Google) Class C in Q2 2017, selling an estimated $261M.
- Susquehanna International Group's ten largest holdings make up 22% of its $228B portfolio in Q2 2017.
- Susquehanna International Group opened 1,702 new positions and closed 1,419 in Q2 2017.
- Susquehanna International Group's portfolio value rose 15% quarter-over-quarter to $228B.
Based on Susquehanna International Group's 13F filing for Q2 2017, filed 15 Aug 2017.