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
|
+$4.13B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.18B |
| 3 |
Apple
AAPL
|
+$836M |
| 4 |
Alibaba
BABA
|
+$807M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$566M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$429M |
| 2 |
Boeing
BA
|
+$402M |
| 3 |
Coty
COTY
|
+$284M |
| 4 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$104M |
| 5 |
Qualcomm
QCOM
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.82% |
| 3 | Communication Services | 1.65% |
| 4 | Financials | 1.34% |
| 5 | Healthcare | 1.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
PUT
Wayfair
W
$14.6B
| $94.2M | 0.03% |
645,300
-15,300
| -2% | -$2.3M |
|
427
Western Digital
WDC
$150B
| $93.9M | 0.03% |
2,612,930
+22,374
| +0.9% | +$767K |
|
428
PUT
Texas Instruments
TXN
$261B
| $93.8M | 0.03% |
817,700
-44,000
| -5% | -$4.92M |
|
429
UnitedHealth
UNH
$370B
| $93.3M | 0.03% |
382,358
+175,694
| +85% | +$42.3M |
|
430
Oracle
ORCL
$423B
| $92.9M | 0.03% |
1,631,263
+1,520,328
| +1,370% | +$82.3M |
|
431
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $92.6M | 0.03% |
2,906,790
+2,657,426
| +1,066% | +$85.1M |
|
|
ATVI
432
PUT
DELISTED
Activision Blizzard
ATVI
| $92.5M | 0.03% |
1,960,300
+4,800
| +0.2% | +$220K |
|
433
CALL
Occidental Petroleum
OXY
$55.9B
| $92.3M | 0.03% |
1,835,600
+1,026,600
| +127% | +$57.8M |
|
|
TWTR
434
CALL
DELISTED
Twitter, Inc.
TWTR
| $91.9M | 0.03% |
2,632,400
-1,654,000
| -39% | -$60.7M |
|
435
CALL
Philip Morris
PM
$295B
| $91.4M | 0.03% |
1,164,100
-1,327,300
| -53% | -$110M |
|
436
CALL
Align Technology
ALGN
$12.3B
| $90.4M | 0.03% |
330,400
-67,500
| -17% | -$20.4M |
|
437
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.77B
| $90.2M | 0.03% |
1,292,100
-20,400
| -2% | -$1.42M |
|
438
US Bancorp
USB
$99.6B
| $90.1M | 0.03% |
1,718,865
+581,250
| +51% | +$29.9M |
|
439
PUT
Petrobras
PBR
$116B
| $89.8M | 0.03% |
5,768,500
+588,800
| +11% | +$8.98M |
|
440
CALL
Bausch Health
BHC
$2.34B
| $89.5M | 0.03% |
3,547,500
-571,400
| -14% | -$13.6M |
|
441
PUT
United Parcel Service
UPS
$88.9B
| $89.4M | 0.03% |
865,600
-231,400
| -21% | -$24.1M |
|
442
PUT
Tilray
TLRY
$622M
| $89.4M | 0.03% |
191,980
-7,460
| -4% | -$3.56M |
|
443
CALL
Atlassian
TEAM
$37.8B
| $88.8M | 0.03% |
678,700
+475,000
| +233% | +$57.2M |
|
444
Cigna
CI
$74.6B
| $88.8M | 0.03% |
563,419
+211,261
| +60% | +$33.1M |
|
445
CALL
General Mills
GIS
$19.7B
| $88.7M | 0.03% |
1,688,000
-781,400
| -32% | -$40.4M |
|
446
CALL
United Airlines
UAL
$42.1B
| $88.5M | 0.03% |
1,011,200
-112,500
| -10% | -$9.52M |
|
447
CALL
Southern Company
SO
$107B
| $88.4M | 0.03% |
1,599,000
-95,300
| -6% | -$5.1M |
|
|
WCG
448
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $88.4M | 0.03% |
310,000
+152,100
| +96% | +$41.9M |
|
449
PUT
Freeport-McMoran
FCX
$97.5B
| $88.3M | 0.03% |
7,604,000
+1,258,100
| +20% | +$14.6M |
|
450
PUT
Uber
UBER
$153B
| $88.2M | 0.03% |
+1,902,200
| New | +$80.7M |
|
Similar funds
Susquehanna International Group's Q2 2019 Portfolio in Review
As of Q2 2019, Susquehanna International Group held 11,369 positions worth $275B, up 13% from $243B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $25.4B of net new capital in Q2 2019, opening 2,651 new positions and adding to 3,766 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 1.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $429M trimmed.
- Susquehanna International Group's largest Q2 2019 buy was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
- Susquehanna International Group added most to Alphabet (Google) Class A in Q2 2019, an estimated $1.18B increase.
- Susquehanna International Group's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $429M.
- Susquehanna International Group fully exited Goldcorp Inc in Q2 2019, selling an estimated $26.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $275B portfolio in Q2 2019.
- Susquehanna International Group opened 2,651 new positions and closed 1,221 in Q2 2019.
- Susquehanna International Group's portfolio value rose 13% quarter-over-quarter to $275B.
Based on Susquehanna International Group's 13F filing for Q2 2019, filed 14 Aug 2019.