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 | |
|---|---|---|---|---|---|---|
2026
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.4B
| $6.61M | ﹤0.01% |
+243,141
| New | +$6.55M |
|
|
CAVM
2027
CALL
DELISTED
Cavium, Inc.
CAVM
| $6.61M | ﹤0.01% |
92,200
-69,300
| -43% | -$4.64M |
|
|
SEE
2028
DELISTED
Sealed Air
SEE
| $6.6M | ﹤0.01% |
151,402
+75,592
| +100% | +$3.55M |
|
|
JCP
2029
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $6.6M | ﹤0.01% |
1,070,700
-240,100
| -18% | -$1.59M |
|
2030
CALL
Lazard
LAZ
$4.31B
| $6.59M | ﹤0.01% |
143,400
+41,600
| +41% | +$1.79M |
|
|
BCPC
2031
CALL
Balchem Corp
BCPC
$5.72B
| $6.59M | ﹤0.01% |
80,000
+42,800
| +115% | +$3.6M |
|
|
HOLX
2032
CALL
DELISTED
Hologic
HOLX
| $6.59M | ﹤0.01% |
154,900
+89,400
| +136% | +$3.64M |
|
2033
CALL
Sprouts Farmers Market
SFM
$8.01B
| $6.58M | ﹤0.01% |
284,800
+112,600
| +65% | +$2.21M |
|
2034
CALL
Keurig Dr Pepper
KDP
$40.8B
| $6.58M | ﹤0.01% |
67,200
-172,500
| -72% | -$16.1M |
|
2035
Medtronic
MDT
$112B
| $6.58M | ﹤0.01% |
81,640
-146,640
| -64% | -$11.5M |
|
2036
CALL
Under Armour Class C
UA
$2.53B
| $6.58M | ﹤0.01% |
359,400
+177,200
| +97% | +$3.69M |
|
2037
Franklin Covey
FC
$246M
| $6.57M | ﹤0.01% |
325,434
-31,388
| -9% | -$555K |
|
2038
VeriSign
VRSN
$26.6B
| $6.57M | ﹤0.01% |
75,440
+60,843
| +417% | +$5.06M |
|
2039
CALL
Wayfair
W
$14.6B
| $6.57M | ﹤0.01% |
162,200
-12,600
| -7% | -$498K |
|
2040
CALL
SS&C Technologies
SSNC
$18.6B
| $6.56M | ﹤0.01% |
185,400
+131,500
| +244% | +$4.42M |
|
2041
PUT
Cimpress
CMPR
$2.31B
| $6.56M | ﹤0.01% |
76,100
+46,100
| +154% | +$3.99M |
|
2042
KKR & Co
KKR
$92.3B
| $6.56M | ﹤0.01% |
359,747
-316,406
| -47% | -$5.62M |
|
2043
CALL
Papa John's
PZZA
$806M
| $6.55M | ﹤0.01% |
81,800
-4,400
| -5% | -$358K |
|
|
SAFM
2044
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $6.54M | ﹤0.01% |
63,000
-94,500
| -60% | -$8.92M |
|
2045
CALL
Nabors Industries
NBR
$1.21B
| $6.54M | ﹤0.01% |
10,008
-3,150
| -24% | -$2.41M |
|
|
WUBA
2046
PUT
DELISTED
58.com Inc
WUBA
| $6.53M | ﹤0.01% |
184,600
+84,900
| +85% | +$2.8M |
|
2047
PUT
Axalta
AXTA
$8.17B
| $6.53M | ﹤0.01% |
202,700
+73,200
| +57% | +$2.17M |
|
2048
iShares US Utilities ETF
IDU
$1.4B
| $6.53M | ﹤0.01% |
101,622
+29,118
| +40% | +$1.82M |
|
|
REN
2049
PUT
DELISTED
Resolute Energy Corporaton
REN
| $6.53M | ﹤0.01% |
161,500
-74,600
| -32% | -$3.21M |
|
|
STOR
2050
PUT
DELISTED
STORE Capital Corporation
STOR
| $6.52M | ﹤0.01% |
273,000
+252,300
| +1,219% | +$6.12M |
|
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.