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
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.37% |
| 2 | Consumer Discretionary | 1.4% |
| 3 | Communication Services | 0.94% |
| 4 | Healthcare | 0.7% |
| 5 | Financials | 0.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AUY
1976
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $7.89M | ﹤0.01% |
2,977,700
-117,000
| -4% | -$311K |
|
|
ARRY
1977
DELISTED
Array Biopharma Inc
ARRY
| $7.87M | ﹤0.01% |
639,554
+283,202
| +79% | +$2.63M |
|
1978
CALL
FMC
FMC
$1.33B
| $7.86M | ﹤0.01% |
101,464
+12,683
| +14% | +$911K |
|
1979
CALL
iShares US Technology ETF
IYW
$25.2B
| $7.86M | ﹤0.01% |
209,600
-60,400
| -22% | -$2.21M |
|
1980
CALL
Campbell Soup
CPB
$6.87B
| $7.84M | ﹤0.01% |
167,500
-142,000
| -46% | -$7.19M |
|
1981
PUT
United Therapeutics
UTHR
$23.1B
| $7.83M | ﹤0.01% |
66,800
-46,600
| -41% | -$5.95M |
|
|
FLXN
1982
PUT
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $7.82M | ﹤0.01% |
323,500
+140,900
| +77% | +$3.31M |
|
|
DISCK
1983
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $7.8M | ﹤0.01% |
384,778
+259,367
| +207% | +$5.82M |
|
1984
CoreCivic
CXW
$3.19B
| $7.79M | ﹤0.01% |
291,000
| – | – |
|
1985
First Majestic Silver
AG
$9.07B
| $7.78M | ﹤0.01% |
1,137,515
+157,884
| +16% | +$1.13M |
|
1986
PUT
Coca-Cola Europacific Partners
CCEP
$47.9B
| $7.77M | ﹤0.01% |
186,700
+9,700
| +5% | +$411K |
|
1987
CALL
Healthpeak Properties
DOC
$14.8B
| $7.77M | ﹤0.01% |
279,200
+3,500
| +1% | +$105K |
|
|
FMI
1988
CALL
DELISTED
Foundation Medicine, Inc.
FMI
| $7.76M | ﹤0.01% |
193,100
-62,800
| -25% | -$2.42M |
|
|
1989
PUT
First Majestic Silver
AG
$9.07B
| $7.76M | ﹤0.01% |
1,134,400
+144,600
| +15% | +$1.04M |
|
1990
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$46.5M
| $7.75M | ﹤0.01% |
120
+89
| +287% | +$5.94M |
|
|
CXO
1991
DELISTED
CONCHO RESOURCES INC.
CXO
| $7.75M | ﹤0.01% |
58,865
+22,971
| +64% | +$2.76M |
|
1992
Schwab Fundamental International Large Company Index ETF
FNDF
$25.5B
| $7.75M | ﹤0.01% |
259,570
-313,190
| -55% | -$9.07M |
|
|
DIVA
1993
DELISTED
AGFiQ Hedged Dividend Income Fund
DIVA
| $7.75M | ﹤0.01% |
308,750
+9,853
| +3% | +$248K |
|
1994
CALL
CNX Resources
CNX
$5.2B
| $7.74M | ﹤0.01% |
548,160
-165,960
| -23% | -$2.13M |
|
1995
PUT
KKR & Co
KKR
$92.3B
| $7.73M | ﹤0.01% |
380,400
+27,800
| +8% | +$527K |
|
1996
Invesco CurrencyShares British Pound Sterling Trust
FXB
$64.8M
| $7.73M | ﹤0.01% |
59,330
-52,200
| -47% | -$6.65M |
|
1997
AGNC Investment
AGNC
$12.9B
| $7.72M | ﹤0.01% |
356,332
+15,781
| +5% | +$337K |
|
|
BCR
1998
CALL
DELISTED
CR Bard Inc.
BCR
| $7.72M | ﹤0.01% |
24,100
-10,800
| -31% | -$3.45M |
|
|
PF
1999
DELISTED
Pinnacle Foods, Inc.
PF
| $7.72M | ﹤0.01% |
135,010
-250,278
| -65% | -$14.8M |
|
|
MLNX
2000
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $7.71M | ﹤0.01% |
163,500
-4,000
| -2% | -$181K |
|
Similar funds
Susquehanna International Group's Q3 2017 Portfolio in Review
As of Q3 2017, Susquehanna International Group held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $19.7B of net new capital in Q3 2017, opening 1,312 new positions and adding to 3,605 existing holdings. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $474M trimmed.
- Susquehanna International Group's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Susquehanna International Group added most to Apple in Q3 2017, an estimated $1.31B increase.
- Susquehanna International Group's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Susquehanna International Group fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Susquehanna International Group's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Susquehanna International Group opened 1,312 new positions and closed 1,693 in Q3 2017.
- Susquehanna International Group's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.