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 | |
|---|---|---|---|---|---|---|
|
MIC
651
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $47.5M | 0.02% |
1,151,600
+971,300
| +539% | +$39.9M |
|
652
CALL
Vale
VALE
$62.6B
| $47.4M | 0.02% |
3,630,100
-1,522,000
| -30% | -$19.7M |
|
653
PUT
State Street SPDR S&P Retail ETF
XRT
$654M
| $47.4M | 0.02% |
1,052,600
+203,600
| +24% | +$9.05M |
|
|
TGE
654
PUT
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $47.3M | 0.02% |
1,883,200
+1,780,000
| +1,725% | +$42.2M |
|
655
PUT
StoneCo
STNE
$2.58B
| $47.2M | 0.02% |
+1,149,100
| New | +$31.2M |
|
656
CALL
International Paper
IP
$22B
| $47.2M | 0.02% |
1,076,698
+169,277
| +19% | +$7.34M |
|
657
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $47.1M | 0.02% |
1,482,900
+316,900
| +27% | +$10.1M |
|
658
CALL
Royal Bank of Canada
RY
$293B
| $47M | 0.02% |
622,500
+237,800
| +62% | +$18M |
|
659
PUT
Lumen
LUMN
$6.44B
| $47M | 0.02% |
3,918,500
-1,303,500
| -25% | -$18.1M |
|
660
PUT
American International
AIG
$41.3B
| $46.8M | 0.02% |
1,088,000
+74,600
| +7% | +$3.19M |
|
661
CALL
Williams Companies
WMB
$86.1B
| $46.6M | 0.02% |
1,623,600
-235,700
| -13% | -$6.32M |
|
662
PUT
Marriott International
MAR
$92.3B
| $46.6M | 0.02% |
372,700
-344,700
| -48% | -$40.6M |
|
663
CALL
Herbalife
HLF
$1.29B
| $46.6M | 0.02% |
878,600
-379,700
| -30% | -$21.8M |
|
664
PUT
Goodyear
GT
$1.85B
| $46.5M | 0.02% |
2,561,800
+57,400
| +2% | +$1.12M |
|
665
CALL
MGM Resorts International
MGM
$11.2B
| $46.4M | 0.02% |
1,808,500
-188,600
| -9% | -$5.17M |
|
666
CALL
Stellantis
STLA
$20.8B
| $46.4M | 0.02% |
3,124,600
-3,802,300
| -55% | -$58.4M |
|
667
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.31B
| $46.3M | 0.02% |
428,667
+102,200
| +31% | +$10.8M |
|
668
PUT
Vanguard Total World Stock ETF
VT
$81.3B
| $46.2M | 0.02% |
630,900
+622,300
| +7,236% | +$44.2M |
|
669
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$385M
| $46M | 0.02% |
341,696
+16,992
| +5% | +$1.97M |
|
670
Las Vegas Sands
LVS
$29.6B
| $45.9M | 0.02% |
752,901
-206,891
| -22% | -$12.2M |
|
671
CALL
Trip.com Group
TCOM
$29.1B
| $45.8M | 0.02% |
1,048,000
+255,700
| +32% | +$8.97M |
|
672
Align Technology
ALGN
$12.3B
| $45.8M | 0.02% |
161,023
+36,733
| +30% | +$8.77M |
|
673
CALL
MongoDB
MDB
$32.1B
| $45.8M | 0.02% |
311,200
+77,400
| +33% | +$7.94M |
|
674
PUT
Ralph Lauren
RL
$23.6B
| $45.5M | 0.02% |
350,500
-42,800
| -11% | -$5.1M |
|
675
CALL
APA Corp
APA
$13.2B
| $45.4M | 0.02% |
1,309,800
+374,700
| +40% | +$12.2M |
|
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.