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 | |
|---|---|---|---|---|---|---|
676
PUT
Albemarle
ALB
$15.5B
| $45.4M | 0.02% |
553,300
-100,400
| -15% | -$8.21M |
|
677
CALL
Bio-Rad Laboratories Class A
BIO
$9.42B
| $45.3M | 0.02% |
148,200
+129,000
| +672% | +$34.8M |
|
|
GWPH
678
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $45.3M | 0.02% |
268,500
-68,800
| -20% | -$10.2M |
|
679
PUT
Bunge Global
BG
$20.8B
| $45.2M | 0.02% |
851,400
-217,200
| -20% | -$11.5M |
|
680
PUT
Capital One
COF
$134B
| $45.2M | 0.02% |
552,900
-658,500
| -54% | -$53.5M |
|
681
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$23.9B
| $44.9M | 0.02% |
4,900,500
+2,694,000
| +122% | +$20.7M |
|
682
CALL
Incyte
INCY
$24.4B
| $44.8M | 0.02% |
521,000
-187,600
| -26% | -$15.3M |
|
683
CALL
T-Mobile US
TMUS
$190B
| $44.7M | 0.02% |
647,200
-103,700
| -14% | -$7.26M |
|
|
GAP
684
PUT
The Gap Inc
GAP
$7.37B
| $44.7M | 0.02% |
1,707,800
-365,800
| -18% | -$9.35M |
|
685
PUT
Under Armour
UAA
$2.6B
| $44.5M | 0.02% |
2,105,300
-1,279,200
| -38% | -$26.8M |
|
|
686
CALL
Capital One
COF
$134B
| $44.5M | 0.02% |
544,300
+122,900
| +29% | +$9.99M |
|
687
PUT
US Bancorp
USB
$99.6B
| $44.4M | 0.02% |
921,600
+108,100
| +13% | +$5.42M |
|
688
CALL
General Dynamics
GD
$106B
| $44.4M | 0.02% |
262,300
-145,100
| -36% | -$24.4M |
|
|
MDCO
689
CALL
DELISTED
Medicines Co
MDCO
| $44.2M | 0.02% |
1,582,300
+1,062,500
| +204% | +$25M |
|
690
PUT
Avis
CAR
$5.02B
| $44.2M | 0.02% |
1,267,600
+600,500
| +90% | +$18M |
|
691
PUT
Edwards Lifesciences
EW
$51.7B
| $44.2M | 0.02% |
692,700
+127,800
| +23% | +$7.29M |
|
|
APC
692
CALL
DELISTED
Anadarko Petroleum
APC
| $44.1M | 0.02% |
970,300
-151,600
| -14% | -$6.88M |
|
693
CALL
Agnico Eagle Mines
AEM
$90.5B
| $44.1M | 0.02% |
1,014,000
-10,900
| -1% | -$461K |
|
694
CALL
United States Natural Gas Fund
UNG
$478M
| $44.1M | 0.02% |
469,400
-1,227,100
| -72% | -$123M |
|
695
CALL
Genuine Parts
GPC
$18.7B
| $44.1M | 0.02% |
393,500
+218,700
| +125% | +$22.6M |
|
|
APC
696
PUT
DELISTED
Anadarko Petroleum
APC
| $44M | 0.02% |
966,600
+442,300
| +84% | +$20.1M |
|
697
CALL
Estee Lauder
EL
$32B
| $43.8M | 0.02% |
264,700
+51,600
| +24% | +$7.58M |
|
698
PUT
Boston Beer
SAM
$1.92B
| $43.8M | 0.02% |
148,500
+62,100
| +72% | +$17M |
|
699
CALL
Sherwin-Williams
SHW
$89.8B
| $43.7M | 0.02% |
304,200
+79,500
| +35% | +$11.1M |
|
|
GRUB
700
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $43.6M | 0.02% |
314,000
+42,600
| +16% | +$6.6M |
|
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.