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 | |
|---|---|---|---|---|---|---|
|
ALXN
551
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $57.5M | 0.02% |
425,700
-159,600
| -27% | -$19.8M |
|
552
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $57.5M | 0.02% |
1,010,600
-298,800
| -23% | -$16.2M |
|
553
PUT
Diamondback Energy
FANG
$52.7B
| $57.5M | 0.02% |
566,400
+139,800
| +33% | +$14.3M |
|
554
CALL
Best Buy
BBY
$17.3B
| $57.5M | 0.02% |
808,700
-306,800
| -28% | -$19.1M |
|
555
CALL
Clorox
CLX
$12.7B
| $57.5M | 0.02% |
358,100
+187,400
| +110% | +$29.1M |
|
556
PUT
PG&E
PCG
$38.5B
| $57.3M | 0.02% |
3,217,000
+2,376,600
| +283% | +$38.4M |
|
557
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $57.2M | 0.02% |
658,700
+253,300
| +62% | +$20.9M |
|
558
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $57.2M | 0.02% |
578,060
-520,220
| -47% | -$50.2M |
|
559
CALL
Kinder Morgan
KMI
$68.7B
| $57.1M | 0.02% |
2,853,000
-6,767,500
| -70% | -$126M |
|
|
RDS.A
560
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $57M | 0.02% |
910,200
+40,000
| +5% | +$2.47M |
|
561
PUT
Seagate
STX
$184B
| $56.8M | 0.02% |
1,186,000
-872,800
| -42% | -$38.7M |
|
562
Cigna
CI
$74.6B
| $56.6M | 0.02% |
+352,158
| New | +$64.3M |
|
|
ACB
563
CALL
Aurora Cannabis
ACB
$185M
| $56.5M | 0.02% |
52,004
+49,857
| +2,322% | +$44.6M |
|
|
SKX
564
CALL
DELISTED
Skechers
SKX
| $56.5M | 0.02% |
1,681,600
+1,379,200
| +456% | +$41.2M |
|
565
FedEx
FDX
$75.4B
| $56.4M | 0.02% |
310,768
-498,316
| -62% | -$88.1M |
|
|
MLNX
566
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $56M | 0.02% |
473,146
+295,987
| +167% | +$29.8M |
|
|
IRBT
567
PUT
DELISTED
iRobot
IRBT
| $55.8M | 0.02% |
473,800
-13,100
| -3% | -$1.39M |
|
|
ICPT
568
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $55.6M | 0.02% |
496,800
-110,800
| -18% | -$12.1M |
|
569
CALL
Signet Jewelers
SIG
$3.76B
| $55.5M | 0.02% |
2,045,300
+1,556,800
| +319% | +$42.9M |
|
570
CALL
iShares Core S&P 500 ETF
IVV
$904B
| $55.4M | 0.02% |
194,700
+44,500
| +30% | +$12.2M |
|
571
CALL
Coty
COTY
$2.48B
| $55.2M | 0.02% |
4,798,300
+4,171,900
| +666% | +$39.5M |
|
572
CALL
Nutrien
NTR
$30.7B
| $55M | 0.02% |
1,041,900
+276,000
| +36% | +$14.4M |
|
573
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.48B
| $54.9M | 0.02% |
1,849,100
+982,200
| +113% | +$29.1M |
|
574
US Bancorp
USB
$99.6B
| $54.8M | 0.02% |
1,137,615
+1,096,259
| +2,651% | +$55M |
|
575
CALL
Novartis
NVS
$297B
| $54.7M | 0.02% |
634,781
+104,569
| +20% | +$8.39M |
|
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.