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 | |
|---|---|---|---|---|---|---|
|
ABMD
451
PUT
DELISTED
Abiomed Inc
ABMD
| $75.4M | 0.03% |
264,000
+93,300
| +55% | +$31M |
|
452
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $75.2M | 0.03% |
1,320,200
+313,200
| +31% | +$17M |
|
453
CALL
Western Digital
WDC
$150B
| $75.2M | 0.03% |
2,068,775
-818,143
| -28% | -$28M |
|
|
B
454
CALL
Barrick Mining
B
$73.2B
| $75M | 0.03% |
5,468,100
-4,683,900
| -46% | -$60.5M |
|
455
CALL
Automatic Data Processing
ADP
$108B
| $74.4M | 0.03% |
465,600
+2,800
| +0.6% | +$407K |
|
456
Baidu
BIDU
$37.2B
| $73.7M | 0.03% |
446,858
+294,258
| +193% | +$49.2M |
|
457
CALL
Wayfair
W
$14.6B
| $73.6M | 0.03% |
496,100
+22,500
| +5% | +$2.94M |
|
|
XLNX
458
CALL
DELISTED
Xilinx Inc
XLNX
| $73.5M | 0.03% |
579,800
-294,400
| -34% | -$33.1M |
|
459
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$34.6B
| $73.2M | 0.03% |
975,800
-562,800
| -37% | -$40.7M |
|
460
PUT
Southwest Airlines
LUV
$23B
| $72.9M | 0.03% |
1,405,000
+750,800
| +115% | +$39.6M |
|
461
CALL
Newmont
NEM
$119B
| $72.4M | 0.03% |
2,022,700
+313,800
| +18% | +$10.6M |
|
|
CTXS
462
DELISTED
Citrix Systems Inc
CTXS
| $72.2M | 0.03% |
724,483
+577,777
| +394% | +$59.9M |
|
463
CALL
United Rentals
URI
$72.4B
| $71.7M | 0.03% |
627,500
-288,300
| -31% | -$35.6M |
|
464
PUT
CME Group
CME
$94.8B
| $71.5M | 0.03% |
434,700
+92,300
| +27% | +$16.3M |
|
465
CALL
Aflac
AFL
$62.6B
| $71.2M | 0.03% |
1,424,700
+103,400
| +8% | +$4.98M |
|
466
Snap
SNAP
$9.01B
| $70.9M | 0.03% |
6,434,012
-9,851,749
| -60% | -$83.8M |
|
467
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $70.8M | 0.03% |
1,665,000
-698,500
| -30% | -$28.8M |
|
468
PUT
Valero Energy
VLO
$85.9B
| $70.5M | 0.03% |
830,600
-374,800
| -31% | -$31M |
|
469
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $70.2M | 0.03% |
356,900
-100,600
| -22% | -$19.1M |
|
470
CALL
Phillips 66
PSX
$81.4B
| $69.9M | 0.03% |
734,200
+124,000
| +20% | +$11.8M |
|
471
Goldman Sachs
GS
$303B
| $69.7M | 0.03% |
363,171
+142,560
| +65% | +$27.5M |
|
472
CALL
Rio Tinto
RIO
$164B
| $69.7M | 0.03% |
1,184,600
-188,600
| -14% | -$10.4M |
|
|
VMW
473
CALL
DELISTED
VMware, Inc
VMW
| $69.7M | 0.03% |
386,200
-720,000
| -65% | -$117M |
|
474
PUT
Royal Caribbean
RCL
$85.6B
| $69.4M | 0.03% |
605,600
+225,700
| +59% | +$25.7M |
|
|
DISH
475
PUT
DELISTED
DISH Network Corp.
DISH
| $69.2M | 0.03% |
2,182,800
+1,042,300
| +91% | +$31.9M |
|
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.