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 | |
|---|---|---|---|---|---|---|
2001
PUT
First Majestic Silver
AG
$9.29B
| $6.63M | ﹤0.01% |
868,700
-161,800
| -16% | -$1.35M |
|
2002
CALL
Alaunos Therapeutics
TCRT
$4.84M
| $6.62M | ﹤0.01% |
8,248
-1,223
| -13% | -$1.1M |
|
2003
MKS Inc
MKSI
$19.8B
| $6.62M | ﹤0.01% |
111,390
+86,852
| +354% | +$4.69M |
|
2004
Zillow
ZG
$7.66B
| $6.61M | ﹤0.01% |
181,384
-242,002
| -57% | -$8.46M |
|
|
MENT
2005
PUT
DELISTED
Mentor Graphics Corp
MENT
| $6.6M | ﹤0.01% |
+179,000
| New | +$5.85M |
|
|
CSOD
2006
PUT
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $6.6M | ﹤0.01% |
156,000
+147,700
| +1,780% | +$5.86M |
|
2007
PUT
American Electric Power
AEP
$66.9B
| $6.6M | ﹤0.01% |
104,800
+4,800
| +5% | +$296K |
|
2008
CALL
Affiliated Managers Group
AMG
$9.6B
| $6.6M | ﹤0.01% |
45,400
+6,200
| +16% | +$900K |
|
2009
Ubiquiti
UI
$34.5B
| $6.59M | ﹤0.01% |
+114,081
| New | +$6.22M |
|
|
MDR
2010
CALL
DELISTED
McDermott International
MDR
| $6.59M | ﹤0.01% |
297,400
+42,700
| +17% | +$795K |
|
2011
CALL
Toronto Dominion Bank
TD
$200B
| $6.59M | ﹤0.01% |
133,600
-124,400
| -48% | -$5.81M |
|
2012
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$64.9M
| $6.59M | ﹤0.01% |
54,800
+33,000
| +151% | +$4M |
|
2013
PUT
Cameco
CCJ
$42.4B
| $6.58M | ﹤0.01% |
628,900
+500
| +0.1% | +$4.51K |
|
2014
Invesco DB Precious Metals Fund
DBP
$259M
| $6.57M | ﹤0.01% |
188,649
+13,570
| +8% | +$504K |
|
2015
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$425M
| $6.57M | ﹤0.01% |
35
+11
| +46% | +$1.73M |
|
2016
American Water Works
AWK
$26.9B
| $6.56M | ﹤0.01% |
90,685
+80,412
| +783% | +$5.82M |
|
|
SAGE
2017
CALL
DELISTED
Sage Therapeutics
SAGE
| $6.55M | ﹤0.01% |
128,300
+30,900
| +32% | +$1.46M |
|
2018
CALL
KB Home
KBH
$3.47B
| $6.55M | ﹤0.01% |
414,300
+47,000
| +13% | +$734K |
|
2019
CALL
Pilgrim's Pride
PPC
$6.31B
| $6.54M | ﹤0.01% |
344,600
-36,300
| -10% | -$709K |
|
2020
CALL
Sturm, Ruger & Co
RGR
$594M
| $6.54M | ﹤0.01% |
124,100
+16,200
| +15% | +$895K |
|
2021
Sunstone Hotel Investors
SHO
$2.01B
| $6.52M | ﹤0.01% |
+427,602
| New | +$5.96M |
|
2022
CALL
Cal-Maine
CALM
$3.85B
| $6.51M | ﹤0.01% |
147,300
-226,000
| -61% | -$8.99M |
|
|
GK
2023
DELISTED
G&K Services Inc
GK
| $6.51M | ﹤0.01% |
67,469
+42,226
| +167% | +$4.04M |
|
2024
PUT
ProShares Ultra NASDAQ Biotechnology
BIB
$88.2M
| $6.5M | ﹤0.01% |
163,000
-52,600
| -24% | -$2.25M |
|
|
MPT
2025
Medical Properties Trust
MPT
$2.48B
| $6.5M | ﹤0.01% |
528,510
+511,691
| +3,042% | +$6.62M |
|
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.