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 | |
|---|---|---|---|---|---|---|
|
JOBS
2276
PUT
DELISTED
51job Inc
JOBS
| $5.81M | ﹤0.01% |
74,600
+51,100
| +217% | +$3.55M |
|
2277
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $5.8M | ﹤0.01% |
52,900
-5,500
| -9% | -$580K |
|
|
MTSC
2278
PUT
DELISTED
MTS Systems Corp
MTSC
| $5.8M | ﹤0.01% |
106,500
+71,200
| +202% | +$3.61M |
|
2279
CALL
Match Group
MTCH
$8.71B
| $5.8M | ﹤0.01% |
102,400
-646,400
| -86% | -$34.2M |
|
2280
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $5.79M | ﹤0.01% |
67,300
-18,300
| -21% | -$1.59M |
|
2281
PUT
Icon
ICLR
$12.6B
| $5.79M | ﹤0.01% |
42,400
+10,400
| +33% | +$1.42M |
|
2282
PUT
Penumbra
PEN
$12.9B
| $5.78M | ﹤0.01% |
39,300
+18,800
| +92% | +$2.69M |
|
2283
CALL
Guardant Health
GH
$21.1B
| $5.78M | ﹤0.01% |
+75,300
| New | +$4.17M |
|
2284
CALL
Yeti Holdings
YETI
$3.38B
| $5.77M | ﹤0.01% |
+190,800
| New | +$4.15M |
|
|
BPMC
2285
PUT
DELISTED
Blueprint Medicines
BPMC
| $5.76M | ﹤0.01% |
72,000
+38,100
| +112% | +$2.82M |
|
2286
iShares MSCI Malaysia ETF
EWM
$330M
| $5.76M | ﹤0.01% |
+192,531
| New | +$5.86M |
|
2287
PUT
ING
ING
$102B
| $5.76M | ﹤0.01% |
474,600
+370,200
| +355% | +$4.48M |
|
2288
Voya Financial
VOYA
$9.2B
| $5.75M | ﹤0.01% |
115,193
-2,432
| -2% | -$115K |
|
|
FITB
2289
PUT
Fifth Third Bancorp
FITB
$52.7B
| $5.75M | ﹤0.01% |
228,100
-58,600
| -20% | -$1.56M |
|
2290
PUT
EQT Corp
EQT
$34B
| $5.75M | ﹤0.01% |
277,100
-9,400
| -3% | -$184K |
|
2291
Erie Indemnity
ERIE
$13.4B
| $5.74M | ﹤0.01% |
+32,152
| New | +$5.16M |
|
2292
PUT
Opko Health
OPK
$1.03B
| $5.72M | ﹤0.01% |
2,190,700
+678,300
| +45% | +$2.05M |
|
|
NS
2293
CALL
DELISTED
NuStar Energy L.P.
NS
| $5.71M | ﹤0.01% |
212,500
+92,600
| +77% | +$2.4M |
|
2294
PUT
MarketAxess Holdings
MKTX
$5.72B
| $5.71M | ﹤0.01% |
23,200
+10,000
| +76% | +$2.27M |
|
2295
PUT
Helmerich & Payne
HP
$4.42B
| $5.71M | ﹤0.01% |
102,700
-248,800
| -71% | -$13.6M |
|
2296
PUT
Live Nation Entertainment
LYV
$43.9B
| $5.71M | ﹤0.01% |
89,800
-38,900
| -30% | -$2.21M |
|
2297
PUT
Sea Limited
SE
$74.7B
| $5.71M | ﹤0.01% |
242,600
+199,300
| +460% | +$3.49M |
|
2298
CALL
Red Rock Resorts
RRR
$3.76B
| $5.7M | ﹤0.01% |
220,600
+105,100
| +91% | +$2.72M |
|
2299
PUT
iShares Mortgage Real Estate ETF
REM
$546M
| $5.68M | ﹤0.01% |
131,100
+67,400
| +106% | +$2.89M |
|
2300
PUT
Banco Bradesco
BBD
$34.2B
| $5.68M | ﹤0.01% |
830,911
-3,523,887
| -81% | -$25.3M |
|
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.