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 | |
|---|---|---|---|---|---|---|
151
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $298M | 0.11% |
3,415,900
-1,522,600
| -31% | -$131M |
|
152
CALL
Micron Technology
MU
$961B
| $292M | 0.11% |
7,563,500
-4,230,700
| -36% | -$161M |
|
|
AGN
153
CALL
DELISTED
Allergan plc
AGN
| $291M | 0.11% |
1,738,800
+367,500
| +27% | +$50.9M |
|
154
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $290M | 0.11% |
3,308,600
+82,000
| +3% | +$6.99M |
|
155
PUT
Caterpillar
CAT
$400B
| $288M | 0.1% |
2,116,000
-892,200
| -30% | -$118M |
|
156
CALL
NXP Semiconductors
NXPI
$58B
| $288M | 0.1% |
2,951,600
+1,197,600
| +68% | +$116M |
|
157
CALL
Baidu
BIDU
$37.2B
| $286M | 0.1% |
2,436,800
+970,600
| +66% | +$138M |
|
158
CALL
Goldman Sachs
GS
$309B
| $283M | 0.1% |
1,382,000
-963,400
| -41% | -$191M |
|
159
Gilead Sciences
GILD
$166B
| $282M | 0.1% |
4,176,403
+184,723
| +5% | +$12.2M |
|
160
CALL
Amgen
AMGN
$223B
| $281M | 0.1% |
1,527,200
-433,300
| -22% | -$77.6M |
|
161
CALL
3M
MMM
$93.9B
| $281M | 0.1% |
1,941,706
+99,268
| +5% | +$15.3M |
|
162
PUT
AutoZone
AZO
$50.1B
| $279M | 0.1% |
254,200
-40,700
| -14% | -$42.8M |
|
163
CALL
VanEck Gold Miners ETF
GDX
$25.4B
| $276M | 0.1% |
10,803,700
-887,000
| -8% | -$19.5M |
|
164
PUT
AbbVie
ABBV
$437B
| $276M | 0.1% |
3,790,300
+1,370,500
| +57% | +$108M |
|
165
CALL
Target
TGT
$67.6B
| $274M | 0.1% |
3,164,900
+940,600
| +42% | +$76M |
|
|
166
PUT
Gilead Sciences
GILD
$166B
| $273M | 0.1% |
4,038,500
-512,300
| -11% | -$33.7M |
|
167
CALL
Applied Materials
AMAT
$413B
| $269M | 0.1% |
5,988,100
+1,414,900
| +31% | +$59.6M |
|
168
Citigroup
C
$230B
| $269M | 0.1% |
3,837,718
+203,187
| +6% | +$13.6M |
|
169
Procter & Gamble
PG
$343B
| $267M | 0.1% |
2,435,992
+2,431,987
| +60,724% | +$259M |
|
|
CELG
170
CALL
DELISTED
Celgene Corp
CELG
| $267M | 0.1% |
2,888,300
-3,197,500
| -53% | -$304M |
|
|
APC
171
PUT
DELISTED
Anadarko Petroleum
APC
| $266M | 0.1% |
3,769,900
+2,803,300
| +290% | +$188M |
|
|
172
Baidu
BIDU
$37.2B
| $264M | 0.1% |
2,251,689
+1,804,831
| +404% | +$257M |
|
173
Netflix
NFLX
$310B
| $264M | 0.1% |
7,191,370
+5,818,280
| +424% | +$210M |
|
|
174
VanEck Gold Miners ETF
GDX
$25.4B
| $259M | 0.09% |
10,130,730
-828,480
| -8% | -$18.3M |
|
|
175
CALL
AbbVie
ABBV
$437B
| $258M | 0.09% |
3,551,600
+1,685,600
| +90% | +$132M |
|
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.