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 | |
|---|---|---|---|---|---|---|
801
CALL
United States Natural Gas Fund
UNG
$455M
| $40.6M | 0.01% |
510,600
+41,200
| +9% | +$3.59M |
|
802
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $40.2M | 0.01% |
365,700
-123,100
| -25% | -$13.2M |
|
803
CALL
Royal Caribbean
RCL
$85.6B
| $40.1M | 0.01% |
330,800
-138,700
| -30% | -$16.9M |
|
804
PUT
Carvana
CVNA
$77.9B
| $40.1M | 0.01% |
3,201,000
+1,158,500
| +57% | +$14.9M |
|
805
PUT
Clorox
CLX
$12.7B
| $40M | 0.01% |
261,400
+171,300
| +190% | +$26.2M |
|
806
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$206M
| $39.9M | 0.01% |
1,481,400
+80,600
| +6% | +$2.13M |
|
|
RSX
807
PUT
DELISTED
VanEck Russia ETF
RSX
| $39.9M | 0.01% |
1,686,800
+567,300
| +51% | +$12.4M |
|
808
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $39.6M | 0.01% |
1,355,400
+282,200
| +26% | +$7.96M |
|
809
Twilio
TWLO
$36.6B
| $39.6M | 0.01% |
290,490
-177,920
| -38% | -$23.7M |
|
810
NXP Semiconductors
NXPI
$60.4B
| $39.4M | 0.01% |
403,178
+316,155
| +363% | +$30.6M |
|
811
PUT
Nektar Therapeutics
NKTR
$2.58B
| $39.1M | 0.01% |
73,327
+11,300
| +18% | +$5.67M |
|
812
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $39.1M | 0.01% |
260,500
+51,700
| +25% | +$7.61M |
|
813
PUT
KB Home
KBH
$3.59B
| $39.1M | 0.01% |
1,519,400
-29,400
| -2% | -$757K |
|
814
Constellation Brands
STZ
$23.2B
| $39.1M | 0.01% |
198,302
-27,851
| -12% | -$5.44M |
|
|
TGE
815
PUT
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $39M | 0.01% |
1,849,100
-34,100
| -2% | -$807K |
|
816
PUT
GSK
GSK
$106B
| $38.9M | 0.01% |
777,600
+209,360
| +37% | +$10.5M |
|
817
PUT
Weibo
WB
$1.95B
| $38.8M | 0.01% |
890,900
-90,800
| -9% | -$5.09M |
|
|
818
PUT
Royal Caribbean
RCL
$85.6B
| $38.6M | 0.01% |
318,700
-286,900
| -47% | -$35M |
|
819
PUT
Public Storage
PSA
$61.3B
| $38.6M | 0.01% |
162,100
+81,800
| +102% | +$18.8M |
|
820
CALL
Zillow
Z
$7.56B
| $38.5M | 0.01% |
830,900
+215,700
| +35% | +$8.59M |
|
|
ICPT
821
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $38.4M | 0.01% |
482,200
-14,600
| -3% | -$1.31M |
|
822
CALL
Herbalife
HLF
$1.29B
| $38.3M | 0.01% |
895,700
+17,100
| +2% | +$810K |
|
823
PUT
Colgate-Palmolive
CL
$74.4B
| $38.3M | 0.01% |
534,100
-252,900
| -32% | -$18M |
|
824
CALL
MGM Resorts International
MGM
$11.2B
| $38.3M | 0.01% |
1,339,300
-469,200
| -26% | -$12.5M |
|
825
CALL
Hilton Worldwide
HLT
$71.5B
| $38.3M | 0.01% |
391,400
+118,100
| +43% | +$10.7M |
|
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.