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 | |
|---|---|---|---|---|---|---|
|
PPLI
501
PUT
People Inc
PPLI
$3.1B
| $63.6M | 0.03% |
1,694,849
-838,752
| -33% | -$31M |
|
|
AMRN
502
CALL
Amarin Corp
AMRN
$303M
| $63.2M | 0.03% |
152,170
-126,035
| -45% | -$45.5M |
|
|
SPLK
503
CALL
DELISTED
Splunk Inc
SPLK
| $62.9M | 0.03% |
504,500
-599,700
| -54% | -$74.9M |
|
504
CALL
Seagate
STX
$184B
| $62.6M | 0.03% |
1,307,100
+30,200
| +2% | +$1.34M |
|
505
CALL
iShares Semiconductor ETF
SOXX
$45.9B
| $62.5M | 0.03% |
989,400
+123,300
| +14% | +$7.28M |
|
506
CALL
C.H. Robinson
CHRW
$17.5B
| $62.3M | 0.03% |
716,700
-57,300
| -7% | -$5.03M |
|
507
CALL
iQIYI
IQ
$1.28B
| $62.3M | 0.03% |
2,605,800
-820,200
| -24% | -$18.1M |
|
508
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $62.2M | 0.03% |
1,107,900
+693,300
| +167% | +$37.1M |
|
509
PUT
Comcast
CMCSA
$90B
| $62.1M | 0.03% |
1,554,400
-5,140,000
| -77% | -$193M |
|
510
CALL
Marathon Petroleum
MPC
$83.7B
| $62M | 0.03% |
1,035,400
-400,800
| -28% | -$25.2M |
|
|
STI
511
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $61.9M | 0.03% |
1,045,400
+900
| +0.1% | +$55.1K |
|
512
PUT
Casey's General Stores
CASY
$30.9B
| $61.6M | 0.03% |
478,100
+463,500
| +3,175% | +$60.6M |
|
|
RHT
513
CALL
DELISTED
Red Hat Inc
RHT
| $61.2M | 0.03% |
335,100
-245,000
| -42% | -$43.9M |
|
514
CALL
CSX Corp
CSX
$93.1B
| $61.2M | 0.03% |
2,453,400
-1,723,800
| -41% | -$39.9M |
|
515
PUT
Kinder Morgan
KMI
$68.7B
| $60.9M | 0.03% |
3,044,100
-6,542,000
| -68% | -$122M |
|
516
PUT
Equinix
EQIX
$103B
| $60.9M | 0.03% |
134,300
+35,700
| +36% | +$14.5M |
|
517
PUT
Weibo
WB
$1.95B
| $60.9M | 0.03% |
981,700
+157,600
| +19% | +$9.78M |
|
518
CALL
RH
RH
$3.71B
| $60.8M | 0.03% |
591,000
-428,900
| -42% | -$58.4M |
|
519
Twilio
TWLO
$36.6B
| $60.5M | 0.02% |
+468,410
| New | +$52.8M |
|
|
SPLK
520
PUT
DELISTED
Splunk Inc
SPLK
| $60.4M | 0.02% |
484,600
-592,600
| -55% | -$74M |
|
|
ATVI
521
DELISTED
Activision Blizzard
ATVI
| $60.3M | 0.02% |
1,323,643
+1,021,381
| +338% | +$46.2M |
|
522
CALL
Eaton
ETN
$174B
| $60.3M | 0.02% |
748,000
+47,800
| +7% | +$3.64M |
|
523
CALL
iShares Silver Trust
SLV
$30.9B
| $60.2M | 0.02% |
4,248,100
-241,200
| -5% | -$3.52M |
|
524
PUT
BP
BP
$107B
| $60.2M | 0.02% |
1,400,119
-1,242,774
| -47% | -$50.9M |
|
525
CALL
Truist Financial
TFC
$64B
| $60.2M | 0.02% |
1,293,700
+291,100
| +29% | +$14.2M |
|
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.