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 | |
|---|---|---|---|---|---|---|
26
CALL
Microsoft
MSFT
$3.71T
| $1.69B | 0.56% |
14,750,600
+481,800
| +3% | +$52.2M |
|
27
CALL
Booking.com
BKNG
$156B
| $1.6B | 0.53% |
20,170,000
-910,000
| -4% | -$71.6M |
|
28
CALL
iShares Russell 2000 ETF
IWM
$82.1B
| $1.55B | 0.51% |
9,217,500
-5,510,600
| -37% | -$930M |
|
29
PUT
Bank of America
BAC
$441B
| $1.34B | 0.44% |
45,339,000
+419,700
| +0.9% | +$12.8M |
|
30
CALL
Berkshire Hathaway Class B
BRK.B
$1.13T
| $1.32B | 0.43% |
6,150,600
+2,323,000
| +61% | +$477M |
|
|
31
PUT
Boeing
BA
$184B
| $1.31B | 0.43% |
3,528,000
-1,198,700
| -25% | -$421M |
|
32
PUT
Micron Technology
MU
$996B
| $1.29B | 0.42% |
28,446,800
-1,647,700
| -5% | -$83.1M |
|
33
CALL
Norfolk Southern
NSC
$76.9B
| $1.24B | 0.41% |
6,869,500
+792,200
| +13% | +$135M |
|
34
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $1.22B | 0.4% |
10,437,900
-100,400
| -1% | -$12.1M |
|
35
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $1.17B | 0.39% |
13,550,100
+7,382,800
| +120% | +$634M |
|
36
CALL
Union Pacific
UNP
$175B
| $1.11B | 0.37% |
6,785,200
-313,900
| -4% | -$47.3M |
|
37
PUT
Advanced Micro Devices
AMD
$798B
| $1.08B | 0.36% |
34,901,500
+11,637,900
| +50% | +$263M |
|
|
38
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $985M | 0.32% |
8,399,400
-399,000
| -5% | -$47.9M |
|
|
XYZ
39
PUT
Block Inc
XYZ
$47B
| $960M | 0.32% |
9,698,100
+517,300
| +6% | +$39.9M |
|
|
40
PUT
Microsoft
MSFT
$3.71T
| $938M | 0.31% |
8,199,800
-658,900
| -7% | -$71.4M |
|
|
41
CALL
Advanced Micro Devices
AMD
$798B
| $911M | 0.3% |
29,489,700
+14,537,400
| +97% | +$328M |
|
42
PUT
Intuitive Surgical
ISRG
$132B
| $902M | 0.3% |
4,714,800
-402,300
| -8% | -$71.4M |
|
43
PUT
iShares MSCI EAFE ETF
EFA
$79.4B
| $886M | 0.29% |
13,026,000
-8,392,000
| -39% | -$567M |
|
|
44
CALL
Boeing
BA
$184B
| $844M | 0.28% |
2,268,600
+504,700
| +29% | +$177M |
|
45
CALL
Marriott International
MAR
$93.8B
| $833M | 0.27% |
6,309,200
-119,500
| -2% | -$15.2M |
|
46
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.3B
| $828M | 0.27% |
3,129,800
+1,786,300
| +133% | +$457M |
|
47
PUT
iShares MSCI Emerging Markets ETF
EEM
$29.2B
| $812M | 0.27% |
18,802,200
-11,201,700
| -37% | -$484M |
|
48
PUT
Wells Fargo
WFC
$265B
| $801M | 0.26% |
15,171,500
-1,972,900
| -12% | -$113M |
|
49
PUT
Chipotle Mexican Grill
CMG
$42.7B
| $795M | 0.26% |
87,505,000
+10,030,000
| +13% | +$95.4M |
|
50
PUT
Citigroup
C
$224B
| $785M | 0.26% |
10,947,600
-2,717,300
| -20% | -$192M |
|
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.