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 | |
|---|---|---|---|---|---|---|
2101
PUT
DaVita
DVA
$11.7B
| $6.12M | ﹤0.01% |
95,300
-115,400
| -55% | -$7.19M |
|
2102
CNO Financial Group
CNO
$5.12B
| $6.11M | ﹤0.01% |
+319,264
| New | +$5.49M |
|
|
NBL
2103
PUT
DELISTED
Noble Energy, Inc.
NBL
| $6.1M | ﹤0.01% |
160,300
-187,300
| -54% | -$6.97M |
|
2104
PUT
Centene
CNC
$32.9B
| $6.1M | ﹤0.01% |
215,800
+33,800
| +19% | +$997K |
|
2105
PUT
Burlington
BURL
$23.4B
| $6.09M | ﹤0.01% |
71,900
-12,300
| -15% | -$993K |
|
|
ESV
2106
CALL
DELISTED
Ensco Rowan plc
ESV
| $6.09M | ﹤0.01% |
156,650
+89,925
| +135% | +$3.22M |
|
2107
Amphenol
APH
$207B
| $6.09M | ﹤0.01% |
362,360
+68,760
| +23% | +$1.15M |
|
2108
State Street SPDR S&P Metals & Mining ETF
XME
$4.55B
| $6.08M | ﹤0.01% |
200,000
-37,140
| -16% | -$1.07M |
|
2109
Chevron
CVX
$382B
| $6.07M | ﹤0.01% |
51,567
-54,659
| -51% | -$5.95M |
|
2110
Ziff Davis
ZD
$2B
| $6.06M | ﹤0.01% |
+85,237
| New | +$5.42M |
|
2111
PUT
Microchip Technology
MCHP
$44.2B
| $6.06M | ﹤0.01% |
189,000
-77,000
| -29% | -$2.42M |
|
2112
Idacorp
IDA
$8.08B
| $6.06M | ﹤0.01% |
75,180
+60,380
| +408% | +$4.65M |
|
|
TERP
2113
DELISTED
TerraForm Power, Inc
TERP
| $6.06M | ﹤0.01% |
472,778
+112,514
| +31% | +$1.46M |
|
2114
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$414M
| $6.05M | ﹤0.01% |
228,800
+127,800
| +127% | +$3.3M |
|
2115
CALL
Pacira BioSciences
PCRX
$974M
| $6.05M | ﹤0.01% |
187,200
+2,300
| +1% | +$76.8K |
|
|
PRA
2116
DELISTED
ProAssurance
PRA
| $6.04M | ﹤0.01% |
107,551
+43,876
| +69% | +$2.43M |
|
2117
PUT
Edgewell Personal Care
EPC
$1.29B
| $6.04M | ﹤0.01% |
82,700
-17,900
| -18% | -$1.38M |
|
|
FRGI
2118
PUT
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $6.04M | ﹤0.01% |
202,200
-90,700
| -31% | -$2.52M |
|
2119
PUT
Ashland
ASH
$3.45B
| $6.03M | ﹤0.01% |
112,829
-73,993
| -40% | -$4.06M |
|
|
PSXP
2120
PUT
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $6.03M | ﹤0.01% |
123,900
+61,700
| +99% | +$2.84M |
|
2121
Cigna
CI
$73.6B
| $6.03M | ﹤0.01% |
+45,173
| New | +$5.91M |
|
2122
PUT
U-Haul Holding Co
UHAL
$14.4B
| $6.02M | ﹤0.01% |
163,000
-51,000
| -24% | -$1.75M |
|
|
TVPT
2123
DELISTED
Travelport Worldwide Limited
TVPT
| $6.02M | ﹤0.01% |
427,225
+371,525
| +667% | +$5.17M |
|
2124
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$541M
| $6.02M | ﹤0.01% |
5,396
-969
| -15% | -$1.72M |
|
|
AZPN
2125
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $6.02M | ﹤0.01% |
+110,118
| New | +$6.02M |
|
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.