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 | |
|---|---|---|---|---|---|---|
601
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $52.1M | 0.02% |
488,800
-2,110,900
| -81% | -$221M |
|
602
CALL
Johnson Controls International
JCI
$92.2B
| $52.1M | 0.02% |
1,410,800
-245,800
| -15% | -$8.43M |
|
603
CALL
Paychex
PAYX
$42.7B
| $52.1M | 0.02% |
649,200
+125,600
| +24% | +$9.26M |
|
604
PUT
MGM Resorts International
MGM
$11.2B
| $51.8M | 0.02% |
2,020,000
-553,300
| -22% | -$15.2M |
|
605
CALL
W.W. Grainger
GWW
$60.2B
| $51.7M | 0.02% |
171,700
-108,300
| -39% | -$32.2M |
|
606
Exelixis
EXEL
$13.4B
| $51.6M | 0.02% |
2,168,748
+185,143
| +9% | +$4.22M |
|
607
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.42B
| $51.6M | 0.02% |
834,200
+247,600
| +42% | +$14.4M |
|
608
Bausch Health
BHC
$2.34B
| $51.5M | 0.02% |
2,086,377
+657,675
| +46% | +$15.7M |
|
609
PUT
TransDigm Group
TDG
$67.7B
| $51.5M | 0.02% |
113,400
-23,600
| -17% | -$9.58M |
|
610
PUT
Stellantis
STLA
$20.8B
| $51.4M | 0.02% |
3,464,200
+120,900
| +4% | +$1.86M |
|
|
MIC
611
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $51.4M | 0.02% |
1,247,900
+1,014,700
| +435% | +$41.7M |
|
612
CALL
Dominion Energy
D
$59.3B
| $51.3M | 0.02% |
668,700
+205,200
| +44% | +$15M |
|
613
CALL
Ferrari
RACE
$72.5B
| $51.2M | 0.02% |
382,700
+285,200
| +293% | +$34.9M |
|
614
PUT
Cummins
CMI
$88.7B
| $51.1M | 0.02% |
323,800
-294,600
| -48% | -$44.2M |
|
615
UnitedHealth
UNH
$370B
| $51.1M | 0.02% |
206,664
+205,464
| +17,122% | +$52.4M |
|
|
SEE
616
CALL
DELISTED
Sealed Air
SEE
| $51M | 0.02% |
1,107,200
+203,400
| +23% | +$8.44M |
|
617
CALL
Zscaler
ZS
$27.3B
| $50.9M | 0.02% |
717,800
+480,700
| +203% | +$25.5M |
|
618
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $50.8M | 0.02% |
426,500
-17,200
| -4% | -$1.99M |
|
619
CALL
Chubb
CB
$135B
| $50.8M | 0.02% |
362,400
+75,000
| +26% | +$9.98M |
|
620
PUT
Zoetis
ZTS
$30B
| $50.7M | 0.02% |
503,500
+178,000
| +55% | +$16.2M |
|
621
CALL
Allstate
ALL
$67.5B
| $50.6M | 0.02% |
537,800
-165,500
| -24% | -$15M |
|
622
PUT
iShares Semiconductor ETF
SOXX
$45.9B
| $50.6M | 0.02% |
800,400
+417,000
| +109% | +$24.6M |
|
623
PUT
T-Mobile US
TMUS
$190B
| $50.5M | 0.02% |
731,000
-101,600
| -12% | -$7.11M |
|
624
Nike
NKE
$61.9B
| $50.1M | 0.02% |
595,094
-537,880
| -47% | -$44.4M |
|
625
PUT
Wabtec
WAB
$49.3B
| $49.9M | 0.02% |
677,200
+166,400
| +33% | +$12M |
|
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.