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 | |
|---|---|---|---|---|---|---|
|
NVRO
2001
PUT
DELISTED
NEVRO CORP.
NVRO
| $8.76M | ﹤0.01% |
135,100
+72,300
| +115% | +$4.5M |
|
|
AVYA
2002
CALL
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $8.75M | ﹤0.01% |
734,600
+715,800
| +3,807% | +$10.9M |
|
2003
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$157M
| $8.75M | ﹤0.01% |
112,000
-178,300
| -61% | -$13.6M |
|
2004
PUT
iShares MSCI Canada ETF
EWC
$6.48B
| $8.73M | ﹤0.01% |
304,900
+206,100
| +209% | +$5.81M |
|
2005
CALL
Generac Holdings
GNRC
$12.2B
| $8.72M | ﹤0.01% |
125,700
+63,100
| +101% | +$3.69M |
|
2006
CALL
Henry Schein
HSIC
$9.81B
| $8.7M | ﹤0.01% |
124,500
+27,700
| +29% | +$1.83M |
|
2007
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $8.7M | ﹤0.01% |
176,800
-27,600
| -14% | -$1.34M |
|
2008
PUT
Shake Shack
SHAK
$2.89B
| $8.7M | ﹤0.01% |
120,500
+16,400
| +16% | +$1.01M |
|
2009
CALL
Arthur J. Gallagher & Co
AJG
$64.7B
| $8.69M | ﹤0.01% |
99,200
-58,700
| -37% | -$4.9M |
|
2010
Dollar Tree
DLTR
$24.9B
| $8.69M | ﹤0.01% |
+80,866
| New | +$8.51M |
|
|
BLD
2011
CALL
DELISTED
TopBuild
BLD
| $8.67M | ﹤0.01% |
104,800
-33,400
| -24% | -$2.55M |
|
2012
KeyCorp
KEY
$24.3B
| $8.67M | ﹤0.01% |
+488,567
| New | +$8.26M |
|
2013
PUT
Extreme Networks
EXTR
$3.09B
| $8.67M | ﹤0.01% |
1,340,200
+1,223,800
| +1,051% | +$8.08M |
|
2014
Burlington
BURL
$23.4B
| $8.66M | ﹤0.01% |
50,911
+37,698
| +285% | +$6.16M |
|
2015
PUT
AerCap
AER
$23.5B
| $8.65M | ﹤0.01% |
166,400
+2,300
| +1% | +$113K |
|
2016
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $8.65M | ﹤0.01% |
169,832
+94,485
| +125% | +$4.81M |
|
2017
PUT
MarketAxess Holdings
MKTX
$5.72B
| $8.65M | ﹤0.01% |
26,900
+3,700
| +16% | +$1.07M |
|
2018
CALL
Visteon
VC
$2.8B
| $8.64M | ﹤0.01% |
147,500
-11,600
| -7% | -$708K |
|
2019
CALL
Ryder
R
$9.98B
| $8.62M | ﹤0.01% |
147,900
-3,100
| -2% | -$184K |
|
|
DISCK
2020
CALL
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $8.62M | ﹤0.01% |
303,000
+90,900
| +43% | +$2.47M |
|
2021
Tradeweb Markets
TW
$21.9B
| $8.61M | ﹤0.01% |
+196,535
| New | +$8.2M |
|
2022
CRISPR Therapeutics
CRSP
$5.17B
| $8.59M | ﹤0.01% |
182,447
-9,211
| -5% | -$368K |
|
2023
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $8.58M | ﹤0.01% |
318,590
-2,210,706
| -87% | -$58.5M |
|
2024
Weibo
WB
$1.96B
| $8.58M | ﹤0.01% |
197,025
+154,789
| +366% | +$8.68M |
|
2025
Axalta
AXTA
$8.02B
| $8.58M | ﹤0.01% |
288,127
-82,333
| -22% | -$2.18M |
|
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.