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 | |
|---|---|---|---|---|---|---|
201
CALL
IBM
IBM
$218B
| $214M | 0.08% |
1,541,699
-215,476
| -12% | -$30M |
|
|
AGN
202
DELISTED
Allergan plc
AGN
| $210M | 0.08% |
1,023,246
+921,341
| +904% | +$214M |
|
|
SINA
203
DELISTED
Sina Corp
SINA
| $206M | 0.08% |
1,800,419
+507,701
| +39% | +$51.3M |
|
204
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $205M | 0.08% |
1,797,000
+524,300
| +41% | +$59.6M |
|
|
205
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $204M | 0.08% |
1,684,500
+1,573,800
| +1,422% | +$190M |
|
206
PUT
Freeport-McMoran
FCX
$96.4B
| $203M | 0.08% |
14,479,900
+2,349,400
| +19% | +$33M |
|
207
CALL
Mastercard
MA
$500B
| $203M | 0.08% |
1,439,600
-294,900
| -17% | -$39M |
|
208
CALL
Oracle
ORCL
$425B
| $203M | 0.08% |
4,193,700
-789,200
| -16% | -$39.3M |
|
209
CALL
Starbucks
SBUX
$119B
| $201M | 0.08% |
3,742,400
+2,106,100
| +129% | +$117M |
|
210
PUT
iShares US Real Estate ETF
IYR
$4.66B
| $201M | 0.08% |
2,511,200
+811,600
| +48% | +$65.2M |
|
211
GE Aerospace
GE
$391B
| $196M | 0.08% |
1,693,390
-267,704
| -14% | -$32.4M |
|
212
CALL
Salesforce
CRM
$155B
| $196M | 0.08% |
2,095,600
+678,100
| +48% | +$62.4M |
|
213
CALL
Charter Communications
CHTR
$17.7B
| $195M | 0.08% |
536,300
+197,100
| +58% | +$73.4M |
|
214
PUT
Blackrock
BLK
$176B
| $195M | 0.08% |
435,600
+76,100
| +21% | +$32.5M |
|
215
CALL
PayPal
PYPL
$49.6B
| $193M | 0.07% |
3,010,000
+65,800
| +2% | +$3.94M |
|
216
CALL
Valero Energy
VLO
$89B
| $189M | 0.07% |
2,459,200
+730,400
| +42% | +$50.3M |
|
217
PUT
Teva Pharmaceuticals
TEVA
$40B
| $188M | 0.07% |
10,708,800
+4,673,000
| +77% | +$105M |
|
218
PUT
Altria Group
MO
$114B
| $188M | 0.07% |
2,967,100
-245,300
| -8% | -$16.4M |
|
219
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$945M
| $187M | 0.07% |
1,173,260
+242,000
| +26% | +$40.3M |
|
220
CALL
Constellation Brands
STZ
$22.4B
| $185M | 0.07% |
929,400
+454,000
| +95% | +$89.9M |
|
221
PUT
Philip Morris
PM
$289B
| $185M | 0.07% |
1,663,600
+487,500
| +41% | +$56.7M |
|
|
BAC.WS.A
222
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $184M | 0.07% |
13,900,626
| – | – |
|
223
PUT
Cisco
CSCO
$476B
| $181M | 0.07% |
5,372,200
+453,900
| +9% | +$14.4M |
|
224
PUT
Adobe
ADBE
$101B
| $180M | 0.07% |
1,205,900
+720,800
| +149% | +$108M |
|
225
Invesco QQQ Trust
QQQ
$483B
| $179M | 0.07% |
1,232,573
-270,305
| -18% | -$38.7M |
|
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.