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 | |
|---|---|---|---|---|---|---|
1976
ATI
ATI
$31B
| $7.01M | ﹤0.01% |
390,577
+198,176
| +103% | +$3.72M |
|
|
HCR
1977
CALL
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $7.01M | ﹤0.01% |
404,300
-35,900
| -8% | -$664K |
|
|
TRQ
1978
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $7.01M | ﹤0.01% |
+228,468
| New | +$7.7M |
|
1979
PUT
Conagra Brands
CAG
$7.23B
| $6.99M | ﹤0.01% |
173,200
-198,600
| -53% | -$7.93M |
|
1980
CALL
AllianceBernstein
AB
$3.47B
| $6.97M | ﹤0.01% |
304,900
+99,700
| +49% | +$2.31M |
|
1981
CALL
British American Tobacco
BTI
$128B
| $6.96M | ﹤0.01% |
105,000
-47,600
| -31% | -$2.95M |
|
1982
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $6.95M | ﹤0.01% |
127,354
-105,109
| -45% | -$5.65M |
|
1983
PUT
W.P. Carey
WPC
$16.4B
| $6.95M | ﹤0.01% |
114,046
+45,333
| +66% | +$2.75M |
|
|
KSU
1984
DELISTED
Kansas City Southern
KSU
| $6.93M | ﹤0.01% |
80,841
-85,811
| -51% | -$7.36M |
|
1985
CALL
Axalta
AXTA
$8.17B
| $6.91M | ﹤0.01% |
214,700
+193,300
| +903% | +$5.74M |
|
|
NFX
1986
CALL
DELISTED
Newfield Exploration
NFX
| $6.91M | ﹤0.01% |
187,300
+93,100
| +99% | +$3.62M |
|
1987
PUT
Regions Financial
RF
$26.8B
| $6.91M | ﹤0.01% |
475,700
+129,300
| +37% | +$1.91M |
|
1988
PUT
Darden Restaurants
DRI
$24.4B
| $6.91M | ﹤0.01% |
82,600
-121,000
| -59% | -$9.06M |
|
1989
Everest Group
EG
$14.4B
| $6.86M | ﹤0.01% |
29,359
+9,659
| +49% | +$2.21M |
|
1990
CALL
Ultragenyx Pharmaceutical
RARE
$2.55B
| $6.85M | ﹤0.01% |
101,100
+40,800
| +68% | +$3.11M |
|
1991
iShares US Healthcare ETF
IYH
$3.54B
| $6.84M | ﹤0.01% |
219,735
+30
| +0% | +$916 |
|
1992
CALL
Shake Shack
SHAK
$2.87B
| $6.84M | ﹤0.01% |
204,700
+1,600
| +0.8% | +$55.3K |
|
1993
PUT
Casey's General Stores
CASY
$30.9B
| $6.83M | ﹤0.01% |
60,800
-61,400
| -50% | -$7.04M |
|
1994
CALL
iShares Russell 1000 ETF
IWB
$50.1B
| $6.83M | ﹤0.01% |
52,000
-23,600
| -31% | -$3.06M |
|
1995
PUT
Axos Financial
AX
$5.68B
| $6.82M | ﹤0.01% |
261,100
-153,000
| -37% | -$4.42M |
|
1996
General Mills
GIS
$19.7B
| $6.82M | ﹤0.01% |
115,563
-27,328
| -19% | -$1.67M |
|
1997
CarMax
KMX
$8.26B
| $6.81M | ﹤0.01% |
+115,067
| New | +$7.48M |
|
|
ABB
1998
PUT
DELISTED
ABB Ltd
ABB
| $6.81M | ﹤0.01% |
291,200
+201,900
| +226% | +$4.61M |
|
|
CSOD
1999
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $6.81M | ﹤0.01% |
175,100
-75,000
| -30% | -$3.09M |
|
2000
PUT
KKR & Co
KKR
$92.3B
| $6.8M | ﹤0.01% |
373,300
-122,300
| -25% | -$2.17M |
|
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 $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 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.