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
|
+$1.34B |
| 2 |
Meta Platforms (Facebook)
META
|
+$684M |
| 3 |
Tesla
TSLA
|
+$290M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$282M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$223M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$948M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$575M |
| 3 |
Walt Disney
DIS
|
+$382M |
| 4 |
Boeing
BA
|
+$335M |
| 5 |
Apple
AAPL
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.7% |
| 2 | Technology | 1.3% |
| 3 | Communication Services | 0.97% |
| 4 | Financials | 0.89% |
| 5 | Healthcare | 0.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
PUT
United Airlines
UAL
$42.1B
| $174M | 0.06% |
1,952,000
+451,600
| +30% | +$37.2M |
|
277
PUT
Humana
HUM
$46.2B
| $172M | 0.06% |
507,400
+177,300
| +54% | +$57.6M |
|
278
PUT
Verizon
VZ
$196B
| $171M | 0.06% |
3,206,100
-1,157,700
| -27% | -$61.3M |
|
279
CALL
Expedia Group
EXPE
$37.3B
| $170M | 0.06% |
1,306,300
+596,300
| +84% | +$77.4M |
|
280
CALL
Blackstone
BX
$110B
| $170M | 0.06% |
4,469,600
+826,300
| +23% | +$29.9M |
|
|
RTN
281
PUT
DELISTED
Raytheon Company
RTN
| $168M | 0.06% |
813,700
+52,700
| +7% | +$10.5M |
|
282
American Airlines Group
AAL
$10.6B
| $166M | 0.05% |
4,019,717
+1,899,735
| +90% | +$74.2M |
|
283
PUT
Cigna
CI
$74.6B
| $166M | 0.05% |
797,300
+408,200
| +105% | +$75.7M |
|
284
PUT
Roku
ROKU
$22.7B
| $165M | 0.05% |
2,260,000
+367,100
| +19% | +$21M |
|
285
CALL
Sarepta Therapeutics
SRPT
$1.77B
| $165M | 0.05% |
1,021,800
+57,100
| +6% | +$7.81M |
|
286
CALL
Abbott
ABT
$187B
| $164M | 0.05% |
2,241,600
+847,200
| +61% | +$55.6M |
|
287
PUT
Valero Energy
VLO
$85.9B
| $164M | 0.05% |
1,442,800
+18,500
| +1% | +$2.1M |
|
288
PUT
ProShares UltraPro QQQ
TQQQ
$37.9B
| $163M | 0.05% |
18,356,000
-5,109,600
| -22% | -$42.3M |
|
|
289
CALL
American Airlines Group
AAL
$10.6B
| $162M | 0.05% |
3,931,000
+567,900
| +17% | +$22.2M |
|
290
PUT
Honeywell
HON
$78B
| $161M | 0.05% |
1,070,466
-292,579
| -21% | -$41.5M |
|
|
WBA
291
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $160M | 0.05% |
2,199,400
-762,900
| -26% | -$51.8M |
|
292
PUT
Petrobras
PBR
$116B
| $159M | 0.05% |
13,194,800
+16,200
| +0.1% | +$180K |
|
293
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $159M | 0.05% |
919,125
+82,825
| +10% | +$13.9M |
|
|
294
PUT
Sarepta Therapeutics
SRPT
$1.77B
| $159M | 0.05% |
985,400
-158,100
| -14% | -$21.6M |
|
295
PUT
Merck
MRK
$318B
| $159M | 0.05% |
2,344,900
-530,707
| -18% | -$33.8M |
|
296
Procter & Gamble
PG
$339B
| $159M | 0.05% |
1,905,749
-936,725
| -33% | -$76.6M |
|
297
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $158M | 0.05% |
+1,833,553
| New | +$158M |
|
298
CALL
EOG Resources
EOG
$70.7B
| $157M | 0.05% |
1,230,900
-133,300
| -10% | -$16.2M |
|
|
SHPG
299
PUT
DELISTED
Shire pic
SHPG
| $157M | 0.05% |
864,100
+205,200
| +31% | +$35.5M |
|
|
AABA
300
PUT
DELISTED
Altaba Inc
AABA
| $156M | 0.05% |
2,294,400
-6,252,600
| -73% | -$441M |
|
Similar funds
Susquehanna International Group's Q3 2018 Portfolio in Review
As of Q3 2018, Susquehanna International Group held 11,024 positions worth $304B, up 4.3% from $291B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group's Q3 2018 filing shows 1,517 new, 3,541 increased, 3,939 reduced and 1,939 closed positions. Its largest new stake was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M. The largest sale was Altaba Inc, an estimated $948M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.7% of assets, up from 0.99% a quarter earlier, followed by Technology and Communication Services.
- Susquehanna International Group's largest Q3 2018 buy was iShares Core US Aggregate Bond ETF: 1,853,766 shares worth $196M.
- Susquehanna International Group added most to Amazon in Q3 2018, an estimated $1.34B increase.
- Susquehanna International Group's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $948M.
- Susquehanna International Group fully exited iShares MSCI EAFE ETF in Q3 2018, selling an estimated $210M.
- Susquehanna International Group's ten largest holdings make up 27% of its $304B portfolio in Q3 2018.
- Susquehanna International Group opened 1,517 new positions and closed 1,939 in Q3 2018.
- Susquehanna International Group's portfolio value rose 4.3% quarter-over-quarter to $304B.
Based on Susquehanna International Group's 13F filing for Q3 2018, filed 14 Nov 2018.