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 | |
|---|---|---|---|---|---|---|
1976
CALL
CMS Energy
CMS
$21.7B
| $8.99M | ﹤0.01% |
155,300
+91,200
| +142% | +$5.12M |
|
1977
Paycom
PAYC
$9.52B
| $8.99M | ﹤0.01% |
39,655
+35,540
| +864% | +$7.3M |
|
1978
iShares Core MSCI Total International Stock ETF
IXUS
$60.2B
| $8.99M | ﹤0.01% |
+153,271
| New | +$8.93M |
|
1979
Western Midstream Partners
WES
$19.5B
| $8.97M | ﹤0.01% |
+291,664
| New | +$8.99M |
|
1980
CALL
Carlyle Group
CG
$17.2B
| $8.95M | ﹤0.01% |
395,700
+292,500
| +283% | +$6.02M |
|
1981
CALL
Albemarle
ALB
$15.4B
| $8.94M | ﹤0.01% |
126,900
-5,800
| -4% | -$428K |
|
1982
CALL
Assured Guaranty
AGO
$3.39B
| $8.93M | ﹤0.01% |
212,100
-37,500
| -15% | -$1.65M |
|
1983
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$97.8M
| $8.9M | ﹤0.01% |
126,800
-91,600
| -42% | -$6.41M |
|
1984
PUT
Harley-Davidson
HOG
$2.71B
| $8.89M | ﹤0.01% |
248,100
-26,600
| -10% | -$967K |
|
|
BERY
1985
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $8.88M | ﹤0.01% |
183,932
-38,986
| -17% | -$1.88M |
|
1986
Tapestry
TPR
$32.8B
| $8.88M | ﹤0.01% |
279,791
+236,465
| +546% | +$7.37M |
|
1987
CALL
iShares MSCI India ETF
INDA
$6.6B
| $8.87M | ﹤0.01% |
251,200
-203,000
| -45% | -$7.14M |
|
1988
CALL
PRA Group
PRAA
$719M
| $8.87M | ﹤0.01% |
315,100
+8,000
| +3% | +$226K |
|
|
RESI
1989
PUT
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $8.86M | ﹤0.01% |
724,700
-327,100
| -31% | -$3.54M |
|
1990
CALL
iShares MSCI Turkey ETF
TUR
$217M
| $8.84M | ﹤0.01% |
370,900
+206,500
| +126% | +$4.74M |
|
|
SMAR
1991
CALL
DELISTED
Smartsheet Inc.
SMAR
| $8.82M | ﹤0.01% |
182,300
+39,400
| +28% | +$1.67M |
|
1992
PUT
Polaris
PII
$4B
| $8.82M | ﹤0.01% |
96,700
-61,600
| -39% | -$5.61M |
|
1993
CALL
Teck Resources
TECK
$33B
| $8.82M | ﹤0.01% |
382,500
-61,000
| -14% | -$1.37M |
|
1994
PUT
Editas Medicine
EDIT
$435M
| $8.81M | ﹤0.01% |
356,300
-52,300
| -13% | -$1.25M |
|
1995
CALL
Neurocrine Biosciences
NBIX
$16.7B
| $8.81M | ﹤0.01% |
104,400
-7,600
| -7% | -$624K |
|
1996
PUT
Eastman Chemical
EMN
$8.37B
| $8.79M | ﹤0.01% |
113,000
+19,500
| +21% | +$1.48M |
|
1997
iShares US Transportation ETF
IYT
$2.27B
| $8.79M | ﹤0.01% |
186,800
+177,532
| +1,916% | +$8.38M |
|
1998
Perrigo
PRGO
$1.74B
| $8.79M | ﹤0.01% |
184,532
+179,132
| +3,317% | +$8.53M |
|
|
LNW
1999
PUT
DELISTED
Light & Wonder
LNW
| $8.78M | ﹤0.01% |
442,900
+28,700
| +7% | +$594K |
|
2000
PUT
Visteon
VC
$2.79B
| $8.78M | ﹤0.01% |
149,800
+11,200
| +8% | +$684K |
|
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.