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 | |
|---|---|---|---|---|---|---|
1426
CALL
Pultegroup
PHM
$25.3B
| $16.5M | 0.01% |
521,000
+121,400
| +30% | +$3.79M |
|
|
ICPT
1427
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $16.5M | 0.01% |
206,936
+178,266
| +622% | +$16M |
|
1428
United Airlines
UAL
$42.1B
| $16.5M | 0.01% |
187,980
+182,471
| +3,312% | +$15.4M |
|
|
ABB
1429
CALL
DELISTED
ABB Ltd
ABB
| $16.4M | 0.01% |
820,100
+478,300
| +140% | +$9.32M |
|
|
MOMO
1430
PUT
Hello Group
MOMO
$866M
| $16.4M | 0.01% |
458,700
-23,700
| -5% | -$788K |
|
1431
RTX Corp
RTX
$301B
| $16.4M | 0.01% |
199,960
+189,160
| +1,751% | +$15.8M |
|
1432
CALL
Etsy
ETSY
$7.85B
| $16.4M | 0.01% |
266,900
-100,400
| -27% | -$6.55M |
|
1433
CALL
Ares Capital
ARCC
$14.4B
| $16.4M | 0.01% |
912,100
-522,500
| -36% | -$9.25M |
|
1434
Expedia Group
EXPE
$37.3B
| $16.3M | 0.01% |
122,895
-174,512
| -59% | -$21.5M |
|
1435
CALL
Corteva
CTVA
$51.3B
| $16.3M | 0.01% |
+552,600
| New | +$14.9M |
|
1436
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $16.3M | 0.01% |
202,234
+163,701
| +425% | +$13.1M |
|
1437
CALL
McKesson
MCK
$101B
| $16.2M | 0.01% |
120,900
-23,800
| -16% | -$2.97M |
|
1438
CALL
Canadian Pacific Kansas City
CP
$80.5B
| $16.2M | 0.01% |
345,000
-263,000
| -43% | -$11.7M |
|
1439
CALL
Howmet Aerospace
HWM
$112B
| $16.2M | 0.01% |
817,999
-152,829
| -16% | -$2.58M |
|
|
AVYA
1440
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $16.2M | 0.01% |
1,357,930
+145,086
| +12% | +$2.22M |
|
|
TRTN
1441
CALL
DELISTED
Triton International Limited
TRTN
| $16.2M | 0.01% |
493,100
-34,200
| -6% | -$1.08M |
|
1442
PUT
NIO
NIO
$11.9B
| $16.1M | 0.01% |
6,317,500
-356,600
| -5% | -$1.43M |
|
1443
CALL
Caesars Entertainment
CZR
$6.14B
| $16.1M | 0.01% |
349,200
+286,700
| +459% | +$14.1M |
|
1444
CALL
MarketAxess Holdings
MKTX
$5.72B
| $16.1M | 0.01% |
50,000
+45,500
| +1,011% | +$13.2M |
|
1445
Diamondback Energy
FANG
$52.7B
| $16M | 0.01% |
147,042
-108,259
| -42% | -$11.3M |
|
1446
Chipotle Mexican Grill
CMG
$41.5B
| $16M | 0.01% |
+1,093,100
| New | +$15.4M |
|
1447
CALL
Synopsys
SNPS
$79.7B
| $16M | 0.01% |
124,500
-46,000
| -27% | -$5.53M |
|
|
GOOS
1448
PUT
Canada Goose Holdings
GOOS
$856M
| $16M | 0.01% |
413,400
-5,800
| -1% | -$261K |
|
1449
PUT
Ascendis Pharma A/S
ASND
$16.8B
| $16M | 0.01% |
139,000
+37,000
| +36% | +$4.43M |
|
1450
PUT
S&P Global
SPGI
$120B
| $15.9M | 0.01% |
70,000
-21,800
| -24% | -$4.76M |
|
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.