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 | |
|---|---|---|---|---|---|---|
801
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $35.9M | 0.01% |
+392,055
| New | +$35.9M |
|
802
PUT
Fidelity National Information Services
FIS
$22.1B
| $35.8M | 0.01% |
316,200
+227,600
| +257% | +$24.3M |
|
803
PUT
Ecolab
ECL
$79.9B
| $35.7M | 0.01% |
202,300
+134,800
| +200% | +$21.9M |
|
804
Nutanix
NTNX
$16.9B
| $35.7M | 0.01% |
945,696
+486,940
| +106% | +$22.3M |
|
805
PUT
Nucor
NUE
$62.1B
| $35.5M | 0.01% |
608,700
-65,900
| -10% | -$3.86M |
|
806
Expedia Group
EXPE
$37.3B
| $35.4M | 0.01% |
+297,407
| New | +$36.1M |
|
807
CALL
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.77B
| $35.4M | 0.01% |
500,500
-18,800
| -4% | -$1.28M |
|
808
PUT
Kimberly-Clark
KMB
$36.5B
| $35.3M | 0.01% |
285,200
-95,800
| -25% | -$11.1M |
|
809
CALL
Lennox International
LII
$15.2B
| $35.2M | 0.01% |
133,300
+43,900
| +49% | +$10.5M |
|
810
PUT
The Mosaic Company
MOS
$7.33B
| $35.2M | 0.01% |
1,290,300
-24,800
| -2% | -$756K |
|
811
CALL
Wolfspeed
WOLF
$1.71B
| $35.1M | 0.01% |
613,000
-46,500
| -7% | -$2.39M |
|
|
PPL
812
CALL
PPL Corp
PPL
$26.7B
| $35M | 0.01% |
1,104,100
-626,400
| -36% | -$19.5M |
|
813
CALL
Advance Auto Parts
AAP
$3.49B
| $35M | 0.01% |
205,400
+39,500
| +24% | +$6.38M |
|
|
814
CALL
Nutanix
NTNX
$16.9B
| $35M | 0.01% |
927,100
-662,500
| -42% | -$30.3M |
|
815
PUT
Capri Holdings
CPRI
$1.74B
| $34.9M | 0.01% |
763,900
-23,600
| -3% | -$1.03M |
|
|
X
816
CALL
DELISTED
US Steel
X
| $34.9M | 0.01% |
1,791,100
-962,200
| -35% | -$20.5M |
|
817
PUT
Best Buy
BBY
$17.3B
| $34.9M | 0.01% |
491,000
-90,700
| -16% | -$5.65M |
|
818
CALL
Air Products & Chemicals
APD
$67.6B
| $34.9M | 0.01% |
182,600
+13,200
| +8% | +$2.27M |
|
819
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.5B
| $34.9M | 0.01% |
134,497
+65,846
| +96% | +$16.6M |
|
820
CALL
New Oriental
EDU
$8.98B
| $34.8M | 0.01% |
386,600
-111,800
| -22% | -$8.42M |
|
|
821
PUT
Advance Auto Parts
AAP
$3.49B
| $34.7M | 0.01% |
203,700
-124,900
| -38% | -$20.2M |
|
822
CALL
Lumentum
LITE
$69.3B
| $34.7M | 0.01% |
613,500
-106,200
| -15% | -$5.09M |
|
823
PUT
Molina Healthcare
MOH
$10.3B
| $34.7M | 0.01% |
244,200
+187,400
| +330% | +$25.3M |
|
|
BBBY
824
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $34.7M | 0.01% |
2,039,900
+302,100
| +17% | +$4.56M |
|
825
CALL
Carvana
CVNA
$77.9B
| $34.6M | 0.01% |
2,984,000
+882,000
| +42% | +$7.42M |
|
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.