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 | |
|---|---|---|---|---|---|---|
|
SAVE
2001
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $6.8M | ﹤0.01% |
128,200
-17,300
| -12% | -$925K |
|
2002
Range Resources
RRC
$8.95B
| $6.8M | ﹤0.01% |
233,551
-129,021
| -36% | -$3.98M |
|
2003
PUT
Cemex
CX
$16.3B
| $6.79M | ﹤0.01% |
779,126
-746,670
| -49% | -$6.28M |
|
|
MDCO
2004
DELISTED
Medicines Co
MDCO
| $6.79M | ﹤0.01% |
138,848
-89,964
| -39% | -$4.1M |
|
2005
CALL
Entergy
ETR
$50B
| $6.78M | ﹤0.01% |
178,600
+87,200
| +95% | +$3.2M |
|
2006
PUT
Stryker
SYK
$130B
| $6.78M | ﹤0.01% |
51,500
-174,100
| -77% | -$22M |
|
2007
CALL
MACOM Technology Solutions
MTSI
$23.7B
| $6.76M | ﹤0.01% |
140,000
+100,500
| +254% | +$4.7M |
|
|
2008
CALL
Cemex
CX
$16.3B
| $6.75M | ﹤0.01% |
774,430
-25,692
| -3% | -$216K |
|
2009
Monster Beverage
MNST
$88.5B
| $6.74M | ﹤0.01% |
292,038
+242,904
| +494% | +$5.43M |
|
2010
Direxion Daily Small Cap Bear 3x ETF
TZA
$210M
| $6.72M | ﹤0.01% |
932
+417
| +81% | +$3.14M |
|
2011
Honeywell
HON
$78B
| $6.72M | ﹤0.01% |
59,576
-100,029
| -63% | -$11M |
|
2012
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.83B
| $6.71M | ﹤0.01% |
139,390
+73,860
| +113% | +$3.55M |
|
2013
PUT
iShares US Transportation ETF
IYT
$2.29B
| $6.71M | ﹤0.01% |
163,600
-1,035,600
| -86% | -$43.1M |
|
|
XYZ
2014
Block Inc
XYZ
$47.5B
| $6.69M | ﹤0.01% |
387,303
-111,719
| -22% | -$1.75M |
|
2015
CALL
Cognex
CGNX
$11.3B
| $6.69M | ﹤0.01% |
159,400
+115,000
| +259% | +$4.21M |
|
2016
CALL
Blackstone Mortgage Trust
BXMT
$2.38B
| $6.69M | ﹤0.01% |
216,100
-11,900
| -5% | -$367K |
|
|
CHL
2017
CALL
DELISTED
China Mobile Limited
CHL
| $6.68M | ﹤0.01% |
121,000
-75,300
| -38% | -$4.2M |
|
2018
Vanguard Materials ETF
VAW
$3.13B
| $6.68M | ﹤0.01% |
56,128
+53,452
| +1,997% | +$6.31M |
|
2019
Lumentum
LITE
$69.3B
| $6.67M | ﹤0.01% |
125,103
-37,473
| -23% | -$1.65M |
|
|
SWFT
2020
CALL
DELISTED
Swift Transportation Company
SWFT
| $6.66M | ﹤0.01% |
324,000
-37,100
| -10% | -$827K |
|
2021
Alaska Air
ALK
$5.58B
| $6.65M | ﹤0.01% |
72,155
+48,077
| +200% | +$4.55M |
|
2022
CALL
ProShares UltraPro Short S&P 500
SPXU
$389M
| $6.64M | ﹤0.01% |
968
+493
| +104% | +$3.58M |
|
2023
PUT
Magnite
MGNI
$3.55B
| $6.63M | ﹤0.01% |
1,126,300
+1,102,700
| +4,672% | +$8.59M |
|
2024
CALL
SiriusXM
SIRI
$10.1B
| $6.62M | ﹤0.01% |
128,550
-39,930
| -24% | -$1.96M |
|
2025
PUT
Newell Brands
NWL
$2.56B
| $6.62M | ﹤0.01% |
140,300
-15,500
| -10% | -$735K |
|
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.