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 | |
|---|---|---|---|---|---|---|
176
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $256M | 0.09% |
2,346,575
+464,575
| +25% | +$53.6M |
|
177
CALL
Costco
COST
$419B
| $254M | 0.09% |
958,000
-271,900
| -22% | -$67.8M |
|
178
PUT
Lam Research
LRCX
$387B
| $252M | 0.09% |
13,397,000
-2,002,000
| -13% | -$38M |
|
|
CELG
179
PUT
DELISTED
Celgene Corp
CELG
| $250M | 0.09% |
2,702,300
-1,853,700
| -41% | -$176M |
|
180
CALL
FedEx
FDX
$74.8B
| $248M | 0.09% |
1,508,700
+346,100
| +30% | +$60.6M |
|
181
CALL
McDonald's
MCD
$196B
| $247M | 0.09% |
1,189,200
-816,900
| -41% | -$162M |
|
182
ServiceNow
NOW
$120B
| $245M | 0.09% |
4,464,185
+1,492,110
| +50% | +$78.4M |
|
183
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$146M
| $244M | 0.09% |
146,875
+22,325
| +18% | +$39.6M |
|
184
PUT
Workday
WDAY
$41.7B
| $244M | 0.09% |
1,185,100
-192,800
| -14% | -$38.9M |
|
185
PUT
JD.com
JD
$44B
| $240M | 0.09% |
7,911,900
-7,200
| -0.1% | -$207K |
|
186
PUT
Home Depot
HD
$348B
| $239M | 0.09% |
1,148,900
+218,200
| +23% | +$43.5M |
|
|
AGN
187
DELISTED
Allergan plc
AGN
| $239M | 0.09% |
1,425,674
+790,168
| +124% | +$109M |
|
188
CALL
DuPont de Nemours
DD
$19.6B
| $239M | 0.09% |
2,531,807
+196,362
| +8% | +$23.4M |
|
189
Bristol-Myers Squibb
BMY
$130B
| $238M | 0.09% |
5,253,180
+1,779,078
| +51% | +$82.9M |
|
190
Mastercard
MA
$502B
| $238M | 0.09% |
899,014
+574,314
| +177% | +$144M |
|
191
PUT
PayPal
PYPL
$50.4B
| $238M | 0.09% |
2,075,900
-238,500
| -10% | -$26.4M |
|
|
192
CALL
Workday
WDAY
$41.7B
| $234M | 0.09% |
1,139,000
-109,400
| -9% | -$22.1M |
|
193
CALL
Intuitive Surgical
ISRG
$132B
| $232M | 0.08% |
1,329,300
-209,700
| -14% | -$35.9M |
|
194
PUT
Twilio
TWLO
$28.9B
| $231M | 0.08% |
1,691,800
+21,500
| +1% | +$2.86M |
|
195
CALL
Caterpillar
CAT
$400B
| $230M | 0.08% |
1,689,600
+290,500
| +21% | +$38.4M |
|
196
CALL
Biogen
BIIB
$30.4B
| $229M | 0.08% |
979,900
-68,600
| -7% | -$15.8M |
|
197
CALL
Charter Communications
CHTR
$18.7B
| $229M | 0.08% |
578,600
+334,700
| +137% | +$125M |
|
198
PUT
Cisco
CSCO
$476B
| $229M | 0.08% |
4,175,600
+1,620,500
| +63% | +$89.5M |
|
199
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $228M | 0.08% |
859,200
+122,500
| +17% | +$32M |
|
|
200
PUT
DuPont de Nemours
DD
$19.6B
| $228M | 0.08% |
2,414,378
+1,121,656
| +87% | +$134M |
|
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.