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 |
Boeing
BA
|
+$923M |
| 2 |
Walt Disney
DIS
|
+$710M |
| 3 |
Bank of America
BAC
|
+$510M |
| 4 |
Amazon
AMZN
|
+$481M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.65B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$678M |
| 3 |
Micron Technology
MU
|
+$514M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$327M |
| 5 |
Alibaba
BABA
|
+$307M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.44% |
| 2 | Communication Services | 1.2% |
| 3 | Consumer Discretionary | 1.2% |
| 4 | Financials | 0.94% |
| 5 | Healthcare | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
CALL
AMC Global Media
AMCX
$510M
| $6.18M | ﹤0.01% |
108,900
+91,400
| +522% | +$5.62M |
|
2202
PUT
Arrowhead Research
ARWR
$12.2B
| $6.17M | ﹤0.01% |
336,100
+145,700
| +77% | +$2.4M |
|
2203
CALL
Avis
CAR
$4.87B
| $6.17M | ﹤0.01% |
176,900
-52,900
| -23% | -$1.58M |
|
|
PS
2204
CALL
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $6.17M | ﹤0.01% |
194,300
+62,500
| +47% | +$1.85M |
|
2205
PUT
Shake Shack
SHAK
$3.02B
| $6.16M | ﹤0.01% |
104,100
-52,200
| -33% | -$2.67M |
|
2206
PUT
iShares Core S&P 500 ETF
IVV
$908B
| $6.15M | ﹤0.01% |
21,600
| – | – |
|
2207
PUT
Stryker
SYK
$130B
| $6.14M | ﹤0.01% |
31,100
-107,600
| -78% | -$19.4M |
|
2208
CALL
Sunoco
SUN
$14.2B
| $6.14M | ﹤0.01% |
197,000
-47,600
| -19% | -$1.42M |
|
2209
CALL
Southern Copper
SCCO
$156B
| $6.13M | ﹤0.01% |
168,661
+129,907
| +335% | +$4.1M |
|
2210
PUT
Owens Corning
OC
$12.2B
| $6.13M | ﹤0.01% |
130,000
+48,300
| +59% | +$2.36M |
|
2211
PUT
American Eagle Outfitters
AEO
$2.71B
| $6.12M | ﹤0.01% |
276,200
-363,600
| -57% | -$7.47M |
|
2212
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$397M
| $6.12M | ﹤0.01% |
150
-30
| -17% | -$1.43M |
|
2213
PUT
Global Payments
GPN
$24.6B
| $6.1M | ﹤0.01% |
44,700
-20,400
| -31% | -$2.48M |
|
2214
PUT
Enbridge
ENB
$111B
| $6.1M | ﹤0.01% |
168,200
-45,800
| -21% | -$1.65M |
|
2215
CALL
GoDaddy
GDDY
$12B
| $6.1M | ﹤0.01% |
81,100
+49,400
| +156% | +$3.47M |
|
2216
CALL
Check Point Software Technologies
CHKP
$13.4B
| $6.1M | ﹤0.01% |
48,200
+19,600
| +69% | +$2.28M |
|
2217
PUT
Magna International
MGA
$18.8B
| $6.09M | ﹤0.01% |
125,100
-10,100
| -7% | -$509K |
|
|
AMED
2218
CALL
DELISTED
Amedisys
AMED
| $6.09M | ﹤0.01% |
49,400
+25,400
| +106% | +$3.19M |
|
2219
VF Corp
VFC
$5.85B
| $6.08M | ﹤0.01% |
+74,316
| New | +$5.8M |
|
|
PTLA
2220
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $6.07M | ﹤0.01% |
174,945
-85,090
| -33% | -$2.46M |
|
2221
CALL
InterDigital
IDCC
$8.87B
| $6.07M | ﹤0.01% |
92,000
-2,800
| -3% | -$195K |
|
|
BRFS
2222
PUT
DELISTED
BRF SA
BRFS
| $6.06M | ﹤0.01% |
1,041,600
+856,200
| +462% | +$5.14M |
|
|
VRNT
2223
PUT
DELISTED
Verint Systems
VRNT
| $6.06M | ﹤0.01% |
198,656
+178,633
| +892% | +$4.54M |
|
2224
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $6.05M | ﹤0.01% |
55,500
+30,200
| +119% | +$3.24M |
|
2225
CALL
Olin
OLN
$2.18B
| $6.05M | ﹤0.01% |
261,600
+108,000
| +70% | +$2.58M |
|
Similar funds
Susquehanna International Group's Q1 2019 Portfolio in Review
As of Q1 2019, Susquehanna International Group held 10,685 positions worth $243B, down 3.3% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group withdrew a net $43.7B in Q1 2019, closing 1,970 positions and reducing 3,279 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $678M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.4% of assets, down from 2.3% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in iShares China Large-Cap ETF worth $192M.
- Susquehanna International Group's largest Q1 2019 buy was iShares China Large-Cap ETF: 4,340,587 shares worth $192M.
- Susquehanna International Group added most to Boeing in Q1 2019, an estimated $923M increase.
- Susquehanna International Group's biggest Q1 2019 reduction was Apple, cutting an estimated $2.65B.
- Susquehanna International Group fully exited State Street SPDR S&P 500 ETF Trust in Q1 2019, selling an estimated $678M.
- Susquehanna International Group's ten largest holdings make up 25% of its $243B portfolio in Q1 2019.
- Susquehanna International Group opened 1,860 new positions and closed 1,970 in Q1 2019.
- Susquehanna International Group's portfolio value fell 3.3% quarter-over-quarter to $243B.
Based on Susquehanna International Group's 13F filing for Q1 2019, filed 15 May 2019.