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 | |
|---|---|---|---|---|---|---|
751
PUT
Prudential Financial
PRU
$41.8B
| $39.3M | 0.02% |
427,300
-399,100
| -48% | -$36.8M |
|
752
PUT
Phillips 66
PSX
$81.4B
| $39.2M | 0.02% |
412,000
-219,300
| -35% | -$20.8M |
|
753
CALL
ASML
ASML
$669B
| $39.2M | 0.02% |
208,300
-71,800
| -26% | -$12.7M |
|
|
EXAS
754
CALL
DELISTED
Exact Sciences
EXAS
| $39.2M | 0.02% |
452,100
-431,100
| -49% | -$36.7M |
|
755
CALL
Freeport-McMoran
FCX
$97.5B
| $39.1M | 0.02% |
3,033,900
-116,600
| -4% | -$1.41M |
|
756
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $39M | 0.02% |
916,900
+515,200
| +128% | +$21.2M |
|
757
CALL
KKR & Co
KKR
$92.3B
| $38.9M | 0.02% |
1,654,400
-2,519,500
| -60% | -$57.4M |
|
758
CALL
BHP
BHP
$230B
| $38.8M | 0.02% |
796,471
-102,011
| -11% | -$4.65M |
|
759
CALL
Vodafone
VOD
$37.4B
| $38.7M | 0.02% |
2,127,100
+58,600
| +3% | +$1.09M |
|
760
CALL
Darden Restaurants
DRI
$24.4B
| $38.6M | 0.02% |
318,100
+36,900
| +13% | +$4.05M |
|
761
CALL
Burlington
BURL
$23.2B
| $38.4M | 0.02% |
245,100
+83,300
| +51% | +$13.4M |
|
|
762
PUT
Burlington
BURL
$23.2B
| $38.4M | 0.02% |
244,900
+150,600
| +160% | +$24.3M |
|
763
CALL
Franco-Nevada
FNV
$46B
| $38.3M | 0.02% |
510,700
+180,100
| +54% | +$13.4M |
|
764
AbbVie
ABBV
$435B
| $38.3M | 0.02% |
+475,190
| New | +$38.9M |
|
|
COUP
765
CALL
DELISTED
Coupa Software Incorporated
COUP
| $38.3M | 0.02% |
420,800
+206,600
| +96% | +$17.7M |
|
766
PUT
Lennox International
LII
$15.2B
| $38.2M | 0.02% |
144,500
+32,200
| +29% | +$7.7M |
|
767
CALL
Kohl's
KSS
$2.19B
| $38.2M | 0.02% |
555,500
-278,500
| -33% | -$18.9M |
|
768
PUT
International Paper
IP
$22B
| $38.2M | 0.02% |
871,094
+131,788
| +18% | +$5.71M |
|
769
CALL
Equinix
EQIX
$103B
| $38.1M | 0.02% |
84,000
-61,400
| -42% | -$25M |
|
770
PUT
United Parks & Resorts
PRKS
$2.12B
| $37.9M | 0.02% |
1,469,600
-237,800
| -14% | -$6.07M |
|
771
CALL
ProShares UltraShort QQQ
QID
$247M
| $37.8M | 0.02% |
54,910
+14,930
| +37% | +$11.7M |
|
772
PUT
Occidental Petroleum
OXY
$55.9B
| $37.7M | 0.02% |
569,500
-288,700
| -34% | -$19M |
|
773
PUT
International Flavors & Fragrances
IFF
$21.9B
| $37.7M | 0.02% |
292,700
+222,800
| +319% | +$29.5M |
|
774
CALL
Halliburton
HAL
$26.6B
| $37.7M | 0.02% |
1,286,100
-1,902,000
| -60% | -$57.4M |
|
|
UN
775
CALL
DELISTED
Unilever NV New York Registry Shares
UN
| $37.7M | 0.02% |
646,100
+393,300
| +156% | +$21.6M |
|
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.