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 | |
|---|---|---|---|---|---|---|
626
CALL
Dollar General
DG
$27.9B
| $49.9M | 0.02% |
418,400
+159,100
| +61% | +$18.5M |
|
627
CALL
Marriott International
MAR
$92.3B
| $49.9M | 0.02% |
398,700
-5,623,700
| -93% | -$662M |
|
628
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $49.7M | 0.02% |
502,300
+123,000
| +32% | +$11.9M |
|
|
TGE
629
CALL
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $49.6M | 0.02% |
1,973,600
+1,927,400
| +4,172% | +$45.7M |
|
|
DOCU
630
CALL
DocuSign
DOCU
$11.5B
| $49.6M | 0.02% |
956,500
+541,400
| +130% | +$27.6M |
|
631
CALL
TSMC
TSM
$2.18T
| $49.5M | 0.02% |
1,209,600
+886,100
| +274% | +$33.8M |
|
632
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $49.5M | 0.02% |
415,400
-181,900
| -30% | -$21.1M |
|
633
CALL
PNC Financial Services
PNC
$101B
| $49.5M | 0.02% |
403,200
-56,500
| -12% | -$7M |
|
634
PUT
Viatris
VTRS
$18.9B
| $49.2M | 0.02% |
1,735,100
-178,200
| -9% | -$5.2M |
|
635
CALL
Factset
FDS
$10.2B
| $49.1M | 0.02% |
197,800
+119,400
| +152% | +$26.7M |
|
636
PUT
Allstate
ALL
$67.5B
| $49M | 0.02% |
520,400
-242,300
| -32% | -$21.9M |
|
637
Netflix
NFLX
$309B
| $49M | 0.02% |
1,373,090
-2,571,920
| -65% | -$89.2M |
|
638
PUT
iShares MSCI Japan ETF
EWJ
$22.8B
| $48.9M | 0.02% |
893,300
-125,700
| -12% | -$6.77M |
|
639
PUT
McKesson
MCK
$101B
| $48.8M | 0.02% |
416,900
+10,700
| +3% | +$1.32M |
|
640
Halliburton
HAL
$26.6B
| $48.7M | 0.02% |
1,662,379
-287,988
| -15% | -$8.7M |
|
|
CRON
641
CALL
Cronos Group
CRON
$1.14B
| $48.5M | 0.02% |
2,633,700
+328,800
| +14% | +$6.17M |
|
642
Lowe's Companies
LOW
$125B
| $48.4M | 0.02% |
442,567
-936,017
| -68% | -$93.4M |
|
643
General Motors
GM
$76.8B
| $48.3M | 0.02% |
1,301,182
-1,743,480
| -57% | -$66.2M |
|
644
PUT
Etsy
ETSY
$7.85B
| $48.2M | 0.02% |
717,300
+335,000
| +88% | +$20M |
|
645
PUT
O'Reilly Automotive
ORLY
$76.3B
| $48.1M | 0.02% |
1,860,000
-1,174,500
| -39% | -$28.4M |
|
646
CALL
Travelers Companies
TRV
$80.2B
| $48M | 0.02% |
349,900
-64,100
| -15% | -$8.2M |
|
647
PUT
General Mills
GIS
$19.7B
| $47.8M | 0.02% |
923,700
-631,200
| -41% | -$28.6M |
|
|
ETFC
648
DELISTED
E*Trade Financial Corporation
ETFC
| $47.7M | 0.02% |
+1,026,925
| New | +$48.9M |
|
649
CALL
Macy's
M
$6.68B
| $47.6M | 0.02% |
1,981,800
-2,904,400
| -59% | -$73.3M |
|
650
PUT
Abbott
ABT
$187B
| $47.5M | 0.02% |
594,700
+115,000
| +24% | +$8.56M |
|
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.