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 | |
|---|---|---|---|---|---|---|
|
STMP
376
PUT
DELISTED
Stamps.com, Inc.
STMP
| $97.9M | 0.04% |
1,202,100
+998,200
| +490% | +$140M |
|
377
CALL
Intuit
INTU
$89B
| $97.6M | 0.04% |
373,500
+116,400
| +45% | +$26.9M |
|
378
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
| $96.8M | 0.04% |
1,885,100
-1,088,800
| -37% | -$58.1M |
|
379
PUT
American Express
AXP
$230B
| $96.3M | 0.04% |
880,700
-297,500
| -25% | -$31.3M |
|
380
CALL
Ascendis Pharma A/S
ASND
$16.8B
| $95.9M | 0.04% |
814,600
+386,400
| +90% | +$33.8M |
|
|
TWTR
381
DELISTED
Twitter, Inc.
TWTR
| $95.7M | 0.04% |
2,910,626
+253,708
| +10% | +$8.04M |
|
382
CALL
ConocoPhillips
COP
$141B
| $95.6M | 0.04% |
1,432,600
-510,100
| -26% | -$34.3M |
|
383
CALL
NextEra Energy
NEE
$177B
| $95.5M | 0.04% |
1,975,200
+509,200
| +35% | +$23.3M |
|
384
PUT
iShares MSCI Mexico ETF
EWW
$1.99B
| $95M | 0.04% |
2,179,200
+401,700
| +23% | +$17.6M |
|
385
Western Digital
WDC
$150B
| $94.1M | 0.04% |
2,590,556
+1,110,897
| +75% | +$38M |
|
386
CALL
BP
BP
$107B
| $93.3M | 0.04% |
2,168,969
+99,434
| +5% | +$4.08M |
|
|
WBA
387
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $93.1M | 0.04% |
1,471,500
+34,900
| +2% | +$2.38M |
|
|
AGN
388
DELISTED
Allergan plc
AGN
| $93M | 0.04% |
635,506
+234,564
| +59% | +$34M |
|
389
PUT
HSBC
HSBC
$356B
| $93M | 0.04% |
2,317,869
+207,162
| +10% | +$8.35M |
|
390
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.77B
| $92.8M | 0.04% |
1,312,500
+1,269,100
| +2,924% | +$86.6M |
|
391
CALL
Medtronic
MDT
$112B
| $92.6M | 0.04% |
1,016,600
-70,200
| -6% | -$6.28M |
|
392
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$23.8B
| $92M | 0.04% |
10,035,000
+4,897,500
| +95% | +$37.7M |
|
393
American Airlines Group
AAL
$10.6B
| $91.8M | 0.04% |
2,890,657
+1,348,532
| +87% | +$45.3M |
|
394
PUT
Texas Instruments
TXN
$261B
| $91.4M | 0.04% |
861,700
-328,800
| -28% | -$34.1M |
|
395
CALL
State Street SPDR S&P Retail ETF
XRT
$327M
| $90.4M | 0.04% |
2,008,800
+1,435,500
| +250% | +$63.8M |
|
|
MLNX
396
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $90.4M | 0.04% |
763,700
+639,000
| +512% | +$64.3M |
|
397
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $90.3M | 0.04% |
2,468,200
+1,055,200
| +75% | +$37.4M |
|
|
PXD
398
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $90.2M | 0.04% |
592,100
-9,600
| -2% | -$1.35M |
|
399
CALL
United Airlines
UAL
$42.1B
| $89.6M | 0.04% |
1,123,700
-2,025,900
| -64% | -$171M |
|
|
ATVI
400
PUT
DELISTED
Activision Blizzard
ATVI
| $89M | 0.04% |
1,955,500
-102,000
| -5% | -$4.61M |
|
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.