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 | |
|---|---|---|---|---|---|---|
1651
Pinduoduo
PDD
$131B
| $12.7M | ﹤0.01% |
+615,749
| New | +$13.3M |
|
1652
CALL
Exelixis
EXEL
$13.4B
| $12.7M | ﹤0.01% |
593,800
-59,600
| -9% | -$1.25M |
|
1653
Masco
MAS
$15.3B
| $12.7M | ﹤0.01% |
+323,257
| New | +$12.5M |
|
1654
CALL
Howard Hughes
HHH
$4.03B
| $12.7M | ﹤0.01% |
+107,418
| New | +$11M |
|
1655
PUT
Aon
AON
$76B
| $12.7M | ﹤0.01% |
65,700
-9,700
| -13% | -$1.76M |
|
1656
CALL
IPG Photonics
IPGP
$3.84B
| $12.7M | ﹤0.01% |
82,100
+63,400
| +339% | +$9.59M |
|
1657
PUT
TripAdvisor
TRIP
$1.26B
| $12.7M | ﹤0.01% |
273,500
-125,900
| -32% | -$6.14M |
|
|
VRNT
1658
CALL
DELISTED
Verint Systems
VRNT
| $12.7M | ﹤0.01% |
462,090
+60,264
| +15% | +$1.81M |
|
|
SAFM
1659
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $12.6M | ﹤0.01% |
92,600
+23,400
| +34% | +$3.32M |
|
1660
PUT
JetBlue
JBLU
$2.29B
| $12.6M | ﹤0.01% |
679,900
+141,600
| +26% | +$2.53M |
|
1661
PUT
Annaly Capital Management
NLY
$17.4B
| $12.6M | ﹤0.01% |
344,025
+150,525
| +78% | +$5.74M |
|
1662
PUT
Fortune Brands Innovations
FBIN
$6.06B
| $12.5M | ﹤0.01% |
256,932
+203,346
| +379% | +$9.05M |
|
1663
PUT
GameStop
GME
$8.6B
| $12.5M | ﹤0.01% |
9,161,200
+846,800
| +10% | +$1.66M |
|
|
COUP
1664
DELISTED
Coupa Software Incorporated
COUP
| $12.5M | ﹤0.01% |
98,830
+86,230
| +684% | +$9.25M |
|
1665
CALL
Toll Brothers
TOL
$14.5B
| $12.5M | ﹤0.01% |
341,600
-55,800
| -14% | -$2.08M |
|
1666
PUT
ArcelorMittal
MT
$55.3B
| $12.5M | ﹤0.01% |
693,500
-269,600
| -28% | -$5.09M |
|
1667
PUT
Labcorp
LH
$25.9B
| $12.5M | ﹤0.01% |
84,157
-4,074
| -5% | -$568K |
|
1668
Edison International
EIX
$26.4B
| $12.5M | ﹤0.01% |
185,245
+172,422
| +1,345% | +$10.7M |
|
1669
CALL
ProShares UltraShort S&P500
SDS
$369M
| $12.5M | ﹤0.01% |
16,244
+6,772
| +71% | +$5.45M |
|
1670
CALL
Papa John's
PZZA
$806M
| $12.5M | ﹤0.01% |
278,700
-416,800
| -60% | -$20.5M |
|
|
MNK
1671
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $12.5M | ﹤0.01% |
1,357,200
+976,500
| +257% | +$14.1M |
|
1672
PUT
Idexx Laboratories
IDXX
$46.2B
| $12.4M | ﹤0.01% |
45,200
-31,000
| -41% | -$7.64M |
|
1673
PUT
Conagra Brands
CAG
$7.23B
| $12.4M | ﹤0.01% |
468,500
-13,700
| -3% | -$398K |
|
|
MDR
1674
CALL
DELISTED
McDermott International
MDR
| $12.4M | ﹤0.01% |
1,285,900
+481,800
| +60% | +$3.85M |
|
|
ITCI
1675
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $12.4M | ﹤0.01% |
953,900
+408,200
| +75% | +$5.24M |
|
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.