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 | |
|---|---|---|---|---|---|---|
1976
CALL
NGL Energy Partners
NGL
$2.14B
| $6.83M | ﹤0.01% |
325,100
+106,500
| +49% | +$2.01M |
|
1977
PUT
iShares Semiconductor ETF
SOXX
$44.8B
| $6.82M | ﹤0.01% |
166,800
-28,500
| -15% | -$1.1M |
|
1978
CALL
ProShares Ultra Real Estate
URE
$58.1M
| $6.82M | ﹤0.01% |
119,400
+101,200
| +556% | +$5.55M |
|
1979
Encompass Health
EHC
$12.5B
| $6.82M | ﹤0.01% |
207,780
+98,896
| +91% | +$3.21M |
|
|
SGYP
1980
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $6.81M | ﹤0.01% |
1,118,822
+766,468
| +218% | +$4.01M |
|
|
XYZ
1981
Block Inc
XYZ
$47.5B
| $6.8M | ﹤0.01% |
499,022
+432,014
| +645% | +$5.38M |
|
|
BPL
1982
PUT
DELISTED
Buckeye Partners, L.P.
BPL
| $6.8M | ﹤0.01% |
102,800
+33,400
| +48% | +$2.2M |
|
1983
Fortinet
FTNT
$120B
| $6.77M | ﹤0.01% |
+1,124,530
| New | +$7.03M |
|
1984
Emcor
EME
$35.7B
| $6.76M | ﹤0.01% |
95,586
+65,186
| +214% | +$4.27M |
|
|
SRCL
1985
CALL
DELISTED
Stericycle Inc
SRCL
| $6.76M | ﹤0.01% |
87,800
+6,900
| +9% | +$521K |
|
1986
Valero Energy
VLO
$90.7B
| $6.74M | ﹤0.01% |
98,700
+51,200
| +108% | +$3.15M |
|
|
BOBE
1987
CALL
DELISTED
Bob Evans Farms, Inc.
BOBE
| $6.74M | ﹤0.01% |
126,700
+63,300
| +100% | +$2.85M |
|
1988
CALL
Ovintiv
OVV
$17.6B
| $6.73M | ﹤0.01% |
114,640
+36,500
| +47% | +$2.08M |
|
1989
Old National Bancorp
ONB
$10.1B
| $6.72M | ﹤0.01% |
370,085
+140,988
| +62% | +$2.27M |
|
|
PACW
1990
CALL
DELISTED
PacWest Bancorp
PACW
| $6.71M | ﹤0.01% |
123,300
+51,300
| +71% | +$2.48M |
|
1991
Digital Realty Trust
DLR
$70.8B
| $6.71M | ﹤0.01% |
+68,300
| New | +$6.35M |
|
|
JKS
1992
CALL
JinkoSolar
JKS
$886M
| $6.71M | ﹤0.01% |
440,600
-40,500
| -8% | -$621K |
|
|
TIVO
1993
DELISTED
Tivo Inc
TIVO
| $6.71M | ﹤0.01% |
320,946
+198,386
| +162% | +$4.03M |
|
1994
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$637M
| $6.7M | ﹤0.01% |
10,695
-12,060
| -53% | -$9.06M |
|
1995
CALL
Strategy Inc
MSTR
$37.4B
| $6.69M | ﹤0.01% |
339,000
+197,000
| +139% | +$3.73M |
|
1996
PUT
Core Laboratories
CLB
$561M
| $6.69M | ﹤0.01% |
55,700
-166,300
| -75% | -$18.4M |
|
|
NSR
1997
DELISTED
Neustar Inc
NSR
| $6.68M | ﹤0.01% |
+200,151
| New | +$5.3M |
|
1998
Boston Properties
BXP
$10.8B
| $6.67M | ﹤0.01% |
53,017
+25,817
| +95% | +$3.21M |
|
|
NUVA
1999
DELISTED
NuVasive, Inc.
NUVA
| $6.64M | ﹤0.01% |
+98,554
| New | +$6.35M |
|
|
UNIT
2000
CALL
Uniti Group
UNIT
$2.28B
| $6.63M | ﹤0.01% |
261,100
+88,300
| +51% | +$2.38M |
|
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.