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 | 1.39% |
| 2 | Consumer Discretionary | 1.19% |
| 3 | Communication Services | 1.11% |
| 4 | Financials | 0.93% |
| 5 | Healthcare | 0.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SINA
226
DELISTED
Sina Corp
SINA
| $173M | 0.07% |
2,918,867
-147,937
| -5% | -$8.87M |
|
227
CALL
Roku
ROKU
$22.7B
| $170M | 0.07% |
2,635,600
+1,893,300
| +255% | +$101M |
|
228
CALL
Accenture
ACN
$108B
| $170M | 0.07% |
965,500
+272,600
| +39% | +$42.8M |
|
|
RTN
229
PUT
DELISTED
Raytheon Company
RTN
| $169M | 0.07% |
929,600
+337,200
| +57% | +$58.8M |
|
230
PUT
Coca-Cola
KO
$375B
| $169M | 0.07% |
3,605,900
+811,400
| +29% | +$38M |
|
231
PUT
Lockheed Martin
LMT
$136B
| $168M | 0.07% |
559,700
-116,200
| -17% | -$34.1M |
|
232
PUT
SLB Ltd
SLB
$75B
| $168M | 0.07% |
3,852,300
-795,000
| -17% | -$34.4M |
|
233
CALL
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| $168M | 0.07% |
6,520,100
-1,796,500
| -22% | -$46.4M |
|
234
PUT
Cigna
CI
$74.6B
| $167M | 0.07% |
1,040,900
-520,300
| -33% | -$95M |
|
235
CALL
Kimberly-Clark
KMB
$36.5B
| $166M | 0.07% |
1,342,900
+220,200
| +20% | +$25.6M |
|
236
CALL
Starbucks
SBUX
$120B
| $166M | 0.07% |
2,235,100
-978,400
| -30% | -$67.2M |
|
237
Bristol-Myers Squibb
BMY
$132B
| $166M | 0.07% |
3,474,102
+3,353,663
| +2,785% | +$167M |
|
|
XLNX
238
PUT
DELISTED
Xilinx Inc
XLNX
| $164M | 0.07% |
1,294,900
+983,500
| +316% | +$110M |
|
239
PUT
ExxonMobil
XOM
$634B
| $164M | 0.07% |
2,031,100
-668,600
| -25% | -$51M |
|
240
Adobe
ADBE
$105B
| $164M | 0.07% |
615,192
+318,859
| +108% | +$80.4M |
|
241
Kraft Heinz
KHC
$30B
| $163M | 0.07% |
4,995,810
+2,924,478
| +141% | +$119M |
|
242
PUT
Blackstone
BX
$110B
| $162M | 0.07% |
4,642,300
-1,102,800
| -19% | -$36.8M |
|
243
CALL
Lam Research
LRCX
$390B
| $162M | 0.07% |
9,054,000
-5,297,000
| -37% | -$88.4M |
|
244
CALL
Shopify
SHOP
$195B
| $162M | 0.07% |
7,833,000
-1,528,000
| -16% | -$27M |
|
245
CALL
CVS Health
CVS
$122B
| $162M | 0.07% |
2,996,100
-268,300
| -8% | -$16.6M |
|
246
CALL
Oracle
ORCL
$423B
| $161M | 0.07% |
3,001,700
-778,800
| -21% | -$39.7M |
|
247
Morgan Stanley
MS
$340B
| $161M | 0.07% |
3,810,699
+557,937
| +17% | +$23.5M |
|
248
PUT
Trade Desk
TTD
$6.49B
| $160M | 0.07% |
8,104,000
+2,161,000
| +36% | +$35.4M |
|
249
CALL
Constellation Brands
STZ
$23.2B
| $160M | 0.07% |
912,200
-1,023,100
| -53% | -$172M |
|
250
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$147M
| $160M | 0.07% |
85,372
+75,202
| +739% | +$166M |
|
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 Consumer Discretionary and Communication Services.
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.