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 | |
|---|---|---|---|---|---|---|
726
CALL
D.R. Horton
DHI
$42.3B
| $41.1M | 0.02% |
992,900
-828,700
| -45% | -$32.5M |
|
|
MLNX
727
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $41M | 0.02% |
346,700
+199,900
| +136% | +$20.1M |
|
|
CMA
728
PUT
DELISTED
Comerica
CMA
| $41M | 0.02% |
558,900
+123,300
| +28% | +$9.88M |
|
729
PUT
VanEck Oil Services ETF
OIH
$1.84B
| $40.7M | 0.02% |
118,250
+9,680
| +9% | +$3.27M |
|
730
PUT
Ubiquiti
UI
$34.3B
| $40.7M | 0.02% |
272,100
+147,600
| +119% | +$18.6M |
|
731
PUT
Automatic Data Processing
ADP
$108B
| $40.7M | 0.02% |
254,500
-69,200
| -21% | -$10.1M |
|
732
CALL
Enterprise Products Partners
EPD
$81.7B
| $40.6M | 0.02% |
1,396,100
+526,200
| +60% | +$14.7M |
|
733
Bunge Global
BG
$20.8B
| $40.6M | 0.02% |
765,155
+182,164
| +31% | +$9.66M |
|
|
CRON
734
PUT
Cronos Group
CRON
$1.14B
| $40.5M | 0.02% |
2,197,300
+888,600
| +68% | +$16.7M |
|
735
CALL
Becton Dickinson
BDX
$48.2B
| $40.3M | 0.02% |
165,435
+73,287
| +80% | +$17.3M |
|
736
CALL
Analog Devices
ADI
$190B
| $40.3M | 0.02% |
382,600
-1,084,100
| -74% | -$109M |
|
737
CALL
Dollar Tree
DLTR
$25.2B
| $40.2M | 0.02% |
382,500
-744,200
| -66% | -$73.1M |
|
738
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$305M
| $40.2M | 0.02% |
1,244,900
-1,103,900
| -47% | -$38.6M |
|
739
PUT
APA Corp
APA
$13.2B
| $40M | 0.02% |
1,153,100
-160,900
| -12% | -$5.24M |
|
740
PUT
Transocean
RIG
$5.82B
| $40M | 0.02% |
4,586,700
+131,300
| +3% | +$1.12M |
|
741
PUT
Newell Brands
NWL
$2.56B
| $39.9M | 0.02% |
2,601,300
+1,331,100
| +105% | +$24.5M |
|
742
PUT
BioMarin Pharmaceuticals
BMRN
$12.4B
| $39.8M | 0.02% |
447,800
+149,000
| +50% | +$13.8M |
|
743
CALL
Ralph Lauren
RL
$23.6B
| $39.8M | 0.02% |
306,600
-36,700
| -11% | -$4.37M |
|
744
PUT
Edison International
EIX
$26.4B
| $39.8M | 0.02% |
642,100
+436,500
| +212% | +$26M |
|
745
PUT
Trip.com Group
TCOM
$29.1B
| $39.7M | 0.02% |
908,200
+424,000
| +88% | +$14.9M |
|
746
Stellantis
STLA
$20.8B
| $39.7M | 0.02% |
2,671,827
+1,399,539
| +110% | +$21.5M |
|
747
Constellation Brands
STZ
$23.2B
| $39.7M | 0.02% |
226,153
+223,933
| +10,087% | +$37.7M |
|
748
Take-Two Interactive
TTWO
$46.1B
| $39.4M | 0.02% |
418,015
+207,334
| +98% | +$20.1M |
|
749
PUT
Mondelez International
MDLZ
$79.9B
| $39.4M | 0.02% |
789,200
-577,700
| -42% | -$26.5M |
|
750
CALL
Ligand Pharmaceuticals
LGND
$6.36B
| $39.4M | 0.02% |
502,060
+49,373
| +11% | +$3.74M |
|
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.