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 |
Apple
AAPL
|
+$2.91B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$469M |
| 3 |
NVIDIA
NVDA
|
+$461M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$461M |
| 5 |
Citigroup
C
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.29B |
| 2 |
Tesla
TSLA
|
+$303M |
| 3 |
Meta Platforms (Facebook)
META
|
+$264M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$257M |
| 5 |
Goldman Sachs
GS
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.27% |
| 2 | Consumer Discretionary | 0.93% |
| 3 | Financials | 0.8% |
| 4 | Communication Services | 0.59% |
| 5 | Healthcare | 0.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
PUT
Merck
MRK
$318B
| $284M | 0.11% |
3,891,329
+1,546,429
| +66% | +$109M |
|
152
PUT
iShares China Large-Cap ETF
FXI
$4.31B
| $281M | 0.11% |
7,180,600
-8,081,600
| -53% | -$327M |
|
153
PUT
Amgen
AMGN
$222B
| $280M | 0.11% |
1,439,300
-55,600
| -4% | -$10.8M |
|
154
CALL
Target
TGT
$68B
| $278M | 0.11% |
4,200,900
+518,600
| +14% | +$39.9M |
|
155
CALL
Regeneron Pharmaceuticals
REGN
$80.8B
| $276M | 0.11% |
739,300
-89,500
| -11% | -$32.8M |
|
156
Mastercard
MA
$493B
| $276M | 0.11% |
1,463,633
-192,443
| -12% | -$38.2M |
|
157
PUT
Home Depot
HD
$355B
| $275M | 0.11% |
1,599,200
-61,700
| -4% | -$11.1M |
|
158
CALL
AutoZone
AZO
$51.1B
| $274M | 0.11% |
327,300
-19,700
| -6% | -$15.8M |
|
159
CALL
American Airlines Group
AAL
$10.6B
| $272M | 0.11% |
8,460,900
+4,529,900
| +115% | +$158M |
|
160
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $271M | 0.11% |
2,599,700
-1,313,200
| -34% | -$133M |
|
161
Petrobras Class A
PBR.A
$103B
| $270M | 0.11% |
23,309,004
-2,816,755
| -11% | -$36.8M |
|
162
PUT
Ford
F
$55.7B
| $265M | 0.11% |
34,634,600
+8,097,000
| +31% | +$72.2M |
|
163
Alibaba
BABA
$308B
| $264M | 0.1% |
1,925,579
+1,329,855
| +223% | +$197M |
|
164
CALL
United Airlines
UAL
$42.1B
| $264M | 0.1% |
3,149,600
-128,100
| -4% | -$11.3M |
|
|
165
PUT
AutoZone
AZO
$51.1B
| $261M | 0.1% |
311,200
+13,000
| +4% | +$10.4M |
|
|
166
CALL
Home Depot
HD
$355B
| $260M | 0.1% |
1,513,800
-227,800
| -13% | -$40.8M |
|
167
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$206M
| $259M | 0.1% |
12,266,400
+831,000
| +7% | +$20.4M |
|
168
PUT
Applied Materials
AMAT
$428B
| $259M | 0.1% |
7,898,400
+1,372,700
| +21% | +$47.1M |
|
|
SHPG
169
CALL
DELISTED
Shire pic
SHPG
| $257M | 0.1% |
1,479,100
+421,600
| +40% | +$73.7M |
|
170
CALL
Cigna
CI
$74.6B
| $257M | 0.1% |
1,352,000
+870,200
| +181% | +$182M |
|
171
PUT
Lam Research
LRCX
$390B
| $255M | 0.1% |
18,742,000
-17,678,000
| -49% | -$253M |
|
172
PUT
Mercado Libre
MELI
$92.3B
| $254M | 0.1% |
868,900
-159,100
| -15% | -$51.6M |
|
|
TWTR
173
CALL
DELISTED
Twitter, Inc.
TWTR
| $254M | 0.1% |
8,834,400
+2,008,800
| +29% | +$63M |
|
|
TWTR
174
PUT
DELISTED
Twitter, Inc.
TWTR
| $252M | 0.1% |
8,765,800
-552,300
| -6% | -$17.3M |
|
175
PUT
GE Aerospace
GE
$384B
| $248M | 0.1% |
6,828,550
+759,175
| +13% | +$34.3M |
|
Similar funds
Susquehanna International Group's Q4 2018 Portfolio in Review
As of Q4 2018, Susquehanna International Group held 10,809 positions worth $252B, down 17% from $304B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group's Q4 2018 filing shows 1,721 new, 3,152 increased, 3,864 reduced and 1,984 closed positions. Its largest new stake was iShares MSCI EAFE ETF: 7,515,967 shares worth $442M. The largest sale was Amazon, an estimated $1.29B.
By sector, the portfolio is most concentrated in Technology at 2.3% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q4 2018 buy was iShares MSCI EAFE ETF: 7,515,967 shares worth $442M.
- Susquehanna International Group added most to Apple in Q4 2018, an estimated $2.91B increase.
- Susquehanna International Group's biggest Q4 2018 reduction was Amazon, cutting an estimated $1.29B.
- Susquehanna International Group fully exited Tesla in Q4 2018, selling an estimated $303M.
- Susquehanna International Group's ten largest holdings make up 26% of its $252B portfolio in Q4 2018.
- Susquehanna International Group opened 1,721 new positions and closed 1,984 in Q4 2018.
- Susquehanna International Group's portfolio value fell 17% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2018, filed 14 Feb 2019.