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 | |
|---|---|---|---|---|---|---|
|
GOV
1976
PUT
DELISTED
Government Properties Income Trust
GOV
| $7.21M | ﹤0.01% |
393,700
+267,900
| +213% | +$5.83M |
|
1977
PUT
Coca-Cola Europacific Partners
CCEP
$47.9B
| $7.2M | ﹤0.01% |
177,000
+19,600
| +12% | +$776K |
|
1978
CALL
Copa Holdings
CPA
$5.8B
| $7.2M | ﹤0.01% |
61,500
-9,400
| -13% | -$1.08M |
|
|
TSS
1979
CALL
DELISTED
Total System Services, Inc.
TSS
| $7.18M | ﹤0.01% |
123,300
+49,900
| +68% | +$2.85M |
|
1980
PUT
Adient
ADNT
$1.5B
| $7.17M | ﹤0.01% |
109,700
+31,400
| +40% | +$2.14M |
|
1981
PUT
Tanger
SKT
$4.52B
| $7.16M | ﹤0.01% |
275,500
+224,600
| +441% | +$6.39M |
|
1982
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.42B
| $7.13M | ﹤0.01% |
91,460
-2,782
| -3% | -$214K |
|
|
EGRX
1983
CALL
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $7.13M | ﹤0.01% |
90,400
-17,800
| -16% | -$1.46M |
|
|
OCLR
1984
CALL
DELISTED
Oclaro Inc.
OCLR
| $7.13M | ﹤0.01% |
763,100
+117,800
| +18% | +$1.07M |
|
1985
CALL
KB Home
KBH
$3.59B
| $7.12M | ﹤0.01% |
296,900
-207,600
| -41% | -$4.39M |
|
1986
CALL
Huntington Bancshares
HBAN
$35.5B
| $7.11M | ﹤0.01% |
525,800
+139,400
| +36% | +$1.8M |
|
|
QIWI
1987
DELISTED
QIWI PLC
QIWI
| $7.11M | ﹤0.01% |
287,903
+133,999
| +87% | +$2.81M |
|
|
MIC
1988
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.09M | ﹤0.01% |
90,500
+51,400
| +131% | +$4.06M |
|
1989
PUT
iShares MSCI South Africa ETF
EZA
$592M
| $7.09M | ﹤0.01% |
125,000
+24,500
| +24% | +$1.43M |
|
1990
CALL
DXC Technology
DXC
$1.73B
| $7.09M | ﹤0.01% |
+106,814
| New | +$7.09M |
|
|
HCR
1991
PUT
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $7.08M | ﹤0.01% |
652,400
+93,600
| +17% | +$1.28M |
|
1992
CALL
AGNC Investment
AGNC
$12.9B
| $7.08M | ﹤0.01% |
332,400
+21,900
| +7% | +$455K |
|
1993
Hormel Foods
HRL
$13.8B
| $7.07M | ﹤0.01% |
207,264
+821
| +0.4% | +$28.3K |
|
1994
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$476M
| $7.06M | ﹤0.01% |
+127,079
| New | +$7.05M |
|
|
EXAS
1995
DELISTED
Exact Sciences
EXAS
| $7.05M | ﹤0.01% |
199,426
-166,904
| -46% | -$5.15M |
|
|
SPWR
1996
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $7.05M | ﹤0.01% |
1,153,038
+329,069
| +40% | +$1.62M |
|
1997
Cass Information Systems
CASS
$743M
| $7.05M | ﹤0.01% |
+141,703
| New | +$6.92M |
|
1998
CALL
Entergy
ETR
$50B
| $7.05M | ﹤0.01% |
183,600
+5,000
| +3% | +$194K |
|
1999
CALL
Madison Square Garden
MSGS
$9.39B
| $7.01M | ﹤0.01% |
49,911
-27,339
| -35% | -$3.87M |
|
2000
PUT
Vipshop
VIPS
$7.53B
| $7M | ﹤0.01% |
664,000
+113,200
| +21% | +$1.48M |
|
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.