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 | |
|---|---|---|---|---|---|---|
401
PUT
Philip Morris
PM
$295B
| $87.9M | 0.04% |
994,700
-295,100
| -23% | -$23.8M |
|
|
XLNX
402
DELISTED
Xilinx Inc
XLNX
| $87.7M | 0.04% |
+691,902
| New | +$77.7M |
|
403
PUT
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $87.6M | 0.04% |
2,368,400
-3,638,200
| -61% | -$124M |
|
404
CALL
Southern Company
SO
$107B
| $87.6M | 0.04% |
1,694,300
+339,100
| +25% | +$16.6M |
|
405
PUT
Honeywell
HON
$78B
| $87.5M | 0.04% |
584,187
-539,200
| -48% | -$75.3M |
|
|
PXD
406
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $86.6M | 0.04% |
568,900
+79,300
| +16% | +$11.2M |
|
|
EXAS
407
PUT
DELISTED
Exact Sciences
EXAS
| $86.5M | 0.04% |
998,300
-1,376,300
| -58% | -$117M |
|
408
PUT
Newmont
NEM
$119B
| $86M | 0.04% |
2,404,500
+675,400
| +39% | +$22.9M |
|
409
Trade Desk
TTD
$6.49B
| $85.8M | 0.04% |
4,335,840
+1,447,940
| +50% | +$23.7M |
|
410
PUT
Nutanix
NTNX
$16.9B
| $85.8M | 0.04% |
2,272,400
+1,109,300
| +95% | +$50.7M |
|
|
AABA
411
PUT
DELISTED
Altaba Inc
AABA
| $85.6M | 0.04% |
1,154,600
+154,900
| +15% | +$10.7M |
|
412
PUT
American Tower
AMT
$80.4B
| $85.6M | 0.04% |
434,200
+119,200
| +38% | +$20.9M |
|
413
CALL
Take-Two Interactive
TTWO
$46.1B
| $85.4M | 0.04% |
904,700
+173,700
| +24% | +$16.8M |
|
414
PUT
Skyworks Solutions
SWKS
$10.6B
| $85.3M | 0.04% |
1,033,700
-32,800
| -3% | -$2.53M |
|
415
PUT
Halliburton
HAL
$26.6B
| $85.1M | 0.04% |
2,906,100
-1,235,200
| -30% | -$37.3M |
|
416
CALL
Humana
HUM
$46.2B
| $85.1M | 0.04% |
320,000
-130,100
| -29% | -$37.5M |
|
417
PUT
Herbalife
HLF
$1.29B
| $85.1M | 0.04% |
1,605,200
-761,000
| -32% | -$43.7M |
|
418
CALL
Charter Communications
CHTR
$18.2B
| $84.6M | 0.03% |
243,900
-21,400
| -8% | -$7.05M |
|
419
CALL
MetLife
MET
$62.1B
| $84.6M | 0.03% |
1,986,500
+463,800
| +30% | +$20.5M |
|
420
CALL
iShares MSCI Japan ETF
EWJ
$23B
| $84.1M | 0.03% |
1,537,700
+969,800
| +171% | +$52.2M |
|
421
CALL
ProShares UltraPro QQQ
TQQQ
$37.9B
| $84.1M | 0.03% |
11,879,200
-4,667,200
| -28% | -$28.3M |
|
|
422
CALL
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $84.1M | 0.03% |
2,273,600
-754,400
| -25% | -$25.8M |
|
423
Qualcomm
QCOM
$176B
| $83.9M | 0.03% |
1,470,641
+299,357
| +26% | +$16.2M |
|
424
CALL
Cigna
CI
$74.6B
| $83.2M | 0.03% |
517,600
-834,400
| -62% | -$152M |
|
425
PUT
Dell
DELL
$293B
| $82.9M | 0.03% |
2,787,849
+1,413,457
| +103% | +$37.3M |
|
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 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.