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 |
Walt Disney
DIS
|
+$2.51B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.53B |
| 3 |
Amazon
AMZN
|
+$1.11B |
| 4 |
Airbnb
ABNB
|
+$574M |
| 5 |
NVIDIA
NVDA
|
+$519M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$588M |
| 2 |
NIO
NIO
|
+$539M |
| 3 |
Apple
AAPL
|
+$525M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$443M |
| 5 |
Microsoft
MSFT
|
+$375M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.94% |
| 2 | Technology | 1.89% |
| 3 | Communication Services | 1.38% |
| 4 | Financials | 1.07% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Estee Lauder
EL
$31.8B
| $20.6M | ﹤0.01% |
64,609
+40,582
| +169% | +$12.3M |
|
1952
PUT
Baxter International
BAX
$14.3B
| $20.5M | ﹤0.01% |
255,100
-30,000
| -11% | -$2.52M |
|
1953
ON Semiconductor
ON
$31.6B
| $20.5M | ﹤0.01% |
536,315
-517,582
| -49% | -$20.3M |
|
|
AVYA
1954
PUT
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $20.5M | ﹤0.01% |
762,400
+9,200
| +1% | +$259K |
|
1955
CALL
Editas Medicine
EDIT
$453M
| $20.5M | ﹤0.01% |
361,900
+3,300
| +0.9% | +$122K |
|
|
MNDT
1956
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $20.5M | ﹤0.01% |
1,013,200
+187,800
| +23% | +$3.85M |
|
1957
State Street Utilities Select Sector SPDR ETF
XLU
$22.7B
| $20.5M | ﹤0.01% |
647,926
-208,528
| -24% | -$6.83M |
|
1958
Equinix
EQIX
$102B
| $20.5M | ﹤0.01% |
25,519
-25,026
| -50% | -$18.6M |
|
1959
CALL
Sanofi
SNY
$104B
| $20.5M | ﹤0.01% |
388,900
+28,500
| +8% | +$1.49M |
|
1960
PUT
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.42B
| $20.5M | ﹤0.01% |
+244,900
| New | +$19.5M |
|
1961
PUT
Global X Lithium & Battery Tech ETF
LIT
$1.59B
| $20.5M | ﹤0.01% |
282,300
-74,800
| -21% | -$4.81M |
|
1962
Bath & Body Works
BBWI
$3.81B
| $20.4M | ﹤0.01% |
351,038
+244,338
| +229% | +$13.2M |
|
1963
CALL
JetBlue
JBLU
$2.19B
| $20.4M | ﹤0.01% |
1,218,200
+116,600
| +11% | +$2.26M |
|
1964
PUT
Dillards
DDS
$10.1B
| $20.4M | ﹤0.01% |
113,000
+12,000
| +12% | +$1.55M |
|
1965
PUT
Itaú Unibanco
ITUB
$82.7B
| $20.4M | ﹤0.01% |
4,669,145
-1,422,019
| -23% | -$5.73M |
|
1966
PUT
Ferrari
RACE
$72.1B
| $20.4M | ﹤0.01% |
98,900
-26,100
| -21% | -$5.44M |
|
|
NVO
1967
Novo Nordisk
NVO
$207B
| $20.4M | ﹤0.01% |
486,184
+302,380
| +165% | +$11.7M |
|
1968
PUT
Atossa Therapeutics
ATOS
$23.6M
| $20.3M | ﹤0.01% |
214,500
+186,507
| +666% | +$9.87M |
|
1969
PUT
Radware
RDWR
$1.2B
| $20.3M | ﹤0.01% |
660,300
+444,100
| +205% | +$12.8M |
|
|
MIC
1970
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $20.3M | ﹤0.01% |
531,000
+339,700
| +178% | +$12M |
|
1971
CALL
KB Home
KBH
$3.54B
| $20.3M | ﹤0.01% |
498,800
-15,500
| -3% | -$715K |
|
1972
Norfolk Southern
NSC
$75.2B
| $20.3M | ﹤0.01% |
76,481
+15,365
| +25% | +$4.24M |
|
1973
PUT
Moody's
MCO
$82.5B
| $20.3M | ﹤0.01% |
56,000
-29,200
| -34% | -$9.72M |
|
|
APPH
1974
CALL
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $20.3M | ﹤0.01% |
1,268,000
+35,300
| +3% | +$563K |
|
|
ABMD
1975
PUT
DELISTED
Abiomed Inc
ABMD
| $20.3M | ﹤0.01% |
65,000
+8,800
| +16% | +$2.7M |
|
Similar funds
Susquehanna International Group's Q2 2021 Portfolio in Review
As of Q2 2021, Susquehanna International Group held 13,792 positions worth $712B, up 12% from $634B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group's Q2 2021 filing shows 1,607 new, 5,175 increased, 5,390 reduced and 1,328 closed positions. Its largest new stake was PRA Health Sciences, Inc.: 622,837 shares worth $103M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $588M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.9% of assets, up from 1.7% a quarter earlier, followed by Technology and Communication Services.
- Susquehanna International Group's largest Q2 2021 buy was PRA Health Sciences, Inc.: 622,837 shares worth $103M.
- Susquehanna International Group added most to Walt Disney in Q2 2021, an estimated $2.51B increase.
- Susquehanna International Group's biggest Q2 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $588M.
- Susquehanna International Group fully exited iShares Core MSCI EAFE ETF in Q2 2021, selling an estimated $59.3M.
- Susquehanna International Group's ten largest holdings make up 30% of its $712B portfolio in Q2 2021.
- Susquehanna International Group opened 1,607 new positions and closed 1,328 in Q2 2021.
- Susquehanna International Group's portfolio value rose 12% quarter-over-quarter to $712B.
Based on Susquehanna International Group's 13F filing for Q2 2021, filed 11 Aug 2021.