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 | |
|---|---|---|---|---|---|---|
|
SPLK
776
DELISTED
Splunk Inc
SPLK
| $37.6M | 0.02% |
301,461
+81,405
| +37% | +$10.2M |
|
777
PUT
Centene
CNC
$32.5B
| $37.5M | 0.02% |
706,900
+157,300
| +29% | +$9.55M |
|
778
PUT
Invesco Senior Loan ETF
BKLN
$6.74B
| $37.5M | 0.02% |
1,657,400
+1,319,900
| +391% | +$29.8M |
|
779
CALL
Exelon
EXC
$47B
| $37.5M | 0.02% |
1,047,995
-416,114
| -28% | -$14.2M |
|
780
PUT
KB Home
KBH
$3.59B
| $37.4M | 0.02% |
1,548,800
+709,000
| +84% | +$15.7M |
|
781
PUT
NextEra Energy
NEE
$177B
| $37.3M | 0.02% |
770,800
-160,000
| -17% | -$7.32M |
|
782
PUT
Microchip Technology
MCHP
$46B
| $37.1M | 0.02% |
893,800
+78,000
| +10% | +$3.23M |
|
783
PUT
Vertex Pharmaceuticals
VRTX
$126B
| $37M | 0.02% |
201,300
-727,700
| -78% | -$134M |
|
|
ZIONW
784
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $37M | 0.02% |
2,845,798
| – | – |
|
785
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $36.9M | 0.02% |
1,285,884
-246,579
| -16% | -$6.31M |
|
786
CALL
Papa John's
PZZA
$806M
| $36.8M | 0.02% |
695,500
+622,400
| +851% | +$27.5M |
|
|
FL
787
CALL
DELISTED
Foot Locker
FL
| $36.7M | 0.02% |
605,900
+356,400
| +143% | +$20.8M |
|
788
Newell Brands
NWL
$2.56B
| $36.7M | 0.02% |
2,392,789
+2,257,974
| +1,675% | +$41.5M |
|
789
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $36.7M | 0.02% |
1,400,800
-1,759,200
| -56% | -$43.2M |
|
790
CALL
American International
AIG
$41.3B
| $36.7M | 0.02% |
851,600
-30,900
| -4% | -$1.32M |
|
791
CALL
Zoetis
ZTS
$30B
| $36.6M | 0.02% |
364,000
+4,400
| +1% | +$400K |
|
792
CALL
Viatris
VTRS
$18.9B
| $36.6M | 0.02% |
1,292,600
+342,500
| +36% | +$9.99M |
|
793
PUT
State Street SPDR S&P Bank ETF
KBE
$1.71B
| $36.5M | 0.02% |
874,400
+252,700
| +41% | +$10.8M |
|
|
LSXMK
794
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $36.4M | 0.02% |
1,250,900
-41,314
| -3% | -$1.25M |
|
795
CALL
Stanley Black & Decker
SWK
$15.7B
| $36.4M | 0.01% |
267,100
+58,900
| +28% | +$7.68M |
|
|
SAGE
796
PUT
DELISTED
Sage Therapeutics
SAGE
| $36.3M | 0.01% |
228,200
-16,800
| -7% | -$2.43M |
|
797
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $36.2M | 0.01% |
990,900
+537,000
| +118% | +$19.1M |
|
798
BlackBerry
BB
$5.26B
| $36.2M | 0.01% |
3,591,719
-81,144
| -2% | -$683K |
|
799
CALL
LyondellBasell Industries
LYB
$19.2B
| $36.2M | 0.01% |
430,800
+156,000
| +57% | +$13.5M |
|
|
DOCU
800
PUT
DocuSign
DOCU
$11.5B
| $36M | 0.01% |
695,100
+460,000
| +196% | +$23.5M |
|
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.