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 | |
|---|---|---|---|---|---|---|
2101
CALL
AvalonBay Communities
AVB
$26.3B
| $8.09M | ﹤0.01% |
39,800
+23,800
| +149% | +$4.82M |
|
2102
CALL
Moody's
MCO
$82.8B
| $8.09M | ﹤0.01% |
41,400
-42,000
| -50% | -$7.97M |
|
2103
CALL
Knight Transportation
KNX
$11.2B
| $8.09M | ﹤0.01% |
246,200
-360,000
| -59% | -$11.5M |
|
2104
PUT
Macerich
MAC
$6.9B
| $8.08M | ﹤0.01% |
241,400
+166,700
| +223% | +$6.55M |
|
|
TVRD
2105
Tvardi Therapeutics
TVRD
$22M
| $8.08M | ﹤0.01% |
10,441
+4,308
| +70% | +$3.03M |
|
2106
PUT
IQVIA
IQV
$39.8B
| $8.08M | ﹤0.01% |
50,200
-3,600
| -7% | -$505K |
|
2107
PUT
Grand Canyon Education
LOPE
$3.82B
| $8.07M | ﹤0.01% |
69,000
+14,200
| +26% | +$1.69M |
|
2108
CALL
Toyota
TM
$224B
| $8.07M | ﹤0.01% |
65,100
-181,700
| -74% | -$22.2M |
|
2109
CALL
PTC
PTC
$16.4B
| $8.07M | ﹤0.01% |
89,900
+35,400
| +65% | +$3.17M |
|
2110
PUT
Ashland
ASH
$3.45B
| $8.05M | ﹤0.01% |
100,700
+74,700
| +287% | +$5.77M |
|
2111
CALL
SBA Communications
SBAC
$19.2B
| $8.05M | ﹤0.01% |
35,800
-6,500
| -15% | -$1.37M |
|
2112
TotalEnergies
TTE
$195B
| $8.04M | ﹤0.01% |
144,214
+77,953
| +118% | +$4.26M |
|
2113
CALL
Public Service Enterprise Group
PEG
$37.2B
| $8.04M | ﹤0.01% |
136,700
-59,000
| -30% | -$3.51M |
|
|
MRSH
2114
CALL
Marsh
MRSH
$91B
| $8.03M | ﹤0.01% |
80,500
-117,700
| -59% | -$11.3M |
|
|
WRK
2115
CALL
DELISTED
WestRock Company
WRK
| $8.02M | ﹤0.01% |
219,900
+97,200
| +79% | +$3.57M |
|
2116
CALL
Check Point Software Technologies
CHKP
$13.4B
| $8.01M | ﹤0.01% |
69,300
+21,100
| +44% | +$2.49M |
|
2117
CALL
First Majestic Silver
AG
$9.29B
| $8.01M | ﹤0.01% |
1,012,400
+95,200
| +10% | +$602K |
|
2118
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$86.9M
| $8.01M | ﹤0.01% |
8,720
+3,310
| +61% | +$3.23M |
|
2119
CALL
Xerox
XRX
$427M
| $8M | ﹤0.01% |
226,000
-18,600
| -8% | -$621K |
|
|
CIT
2120
CALL
DELISTED
CIT Group Inc.
CIT
| $8M | ﹤0.01% |
152,200
-4,800
| -3% | -$243K |
|
2121
Arrowhead Research
ARWR
$12.5B
| $7.99M | ﹤0.01% |
301,467
+229,529
| +319% | +$5.04M |
|
2122
eBay
EBAY
$47.9B
| $7.97M | ﹤0.01% |
201,893
+120,315
| +147% | +$4.52M |
|
2123
CALL
RingCentral
RNG
$5.38B
| $7.97M | ﹤0.01% |
69,400
-95,600
| -58% | -$11M |
|
2124
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $7.96M | ﹤0.01% |
22,459
-2,683
| -11% | -$938K |
|
2125
PUT
SPS Commerce
SPSC
$2.69B
| $7.96M | ﹤0.01% |
155,800
+146,800
| +1,631% | +$7.65M |
|
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.