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 | |
|---|---|---|---|---|---|---|
851
CALL
Simon Property Group
SPG
$72.3B
| $33.6M | 0.01% |
184,200
-129,100
| -41% | -$22.9M |
|
852
CALL
Tandem Diabetes Care
TNDM
$1.56B
| $33.5M | 0.01% |
526,800
+186,300
| +55% | +$9.79M |
|
853
Skyworks Solutions
SWKS
$10.6B
| $33.4M | 0.01% |
404,855
-268,177
| -40% | -$20.7M |
|
854
CALL
Lennar Class A
LEN
$21.2B
| $33.4M | 0.01% |
702,543
+365,992
| +109% | +$16.6M |
|
855
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.74B
| $33.4M | 0.01% |
1,312
+397
| +43% | +$12.3M |
|
856
PUT
Becton Dickinson
BDX
$48.2B
| $33.3M | 0.01% |
136,530
-92,148
| -40% | -$21.8M |
|
857
PUT
Gen Digital
GEN
$17.5B
| $33.2M | 0.01% |
1,444,400
-1,864,900
| -56% | -$40.6M |
|
858
CALL
Wheaton Precious Metals
WPM
$60.9B
| $33.2M | 0.01% |
1,393,100
+27,400
| +2% | +$583K |
|
859
PUT
iShares MSCI South Korea ETF
EWY
$25.7B
| $33.2M | 0.01% |
544,200
+236,200
| +77% | +$14.6M |
|
860
McKesson
MCK
$101B
| $33.1M | 0.01% |
282,915
+202,861
| +253% | +$25M |
|
|
FL
861
PUT
DELISTED
Foot Locker
FL
| $33.1M | 0.01% |
546,200
-51,300
| -9% | -$2.99M |
|
862
PUT
Zillow
Z
$7.56B
| $33.1M | 0.01% |
952,300
-128,300
| -12% | -$4.58M |
|
863
PUT
Zscaler
ZS
$27.3B
| $33.1M | 0.01% |
466,100
+251,700
| +117% | +$13.4M |
|
|
CYBR
864
CALL
DELISTED
CyberArk
CYBR
| $33M | 0.01% |
277,600
+41,600
| +18% | +$3.98M |
|
|
RDS.A
865
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $32.9M | 0.01% |
526,200
-436,000
| -45% | -$27M |
|
866
CALL
Cracker Barrel
CBRL
$1.29B
| $32.9M | 0.01% |
203,700
+5,300
| +3% | +$871K |
|
867
CALL
Whirlpool
WHR
$2.82B
| $32.9M | 0.01% |
247,700
+1,400
| +0.6% | +$185K |
|
868
Conagra Brands
CAG
$7.23B
| $32.8M | 0.01% |
1,182,953
+924,045
| +357% | +$21.2M |
|
|
WP
869
CALL
DELISTED
Worldpay, Inc.
WP
| $32.8M | 0.01% |
288,700
+235,200
| +440% | +$21.3M |
|
|
870
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.74B
| $32.7M | 0.01% |
1,287
-978
| -43% | -$30.2M |
|
871
Kinder Morgan
KMI
$68.7B
| $32.6M | 0.01% |
1,631,384
-3,032,573
| -65% | -$56.6M |
|
|
K
872
PUT
DELISTED
Kellanova
K
| $32.5M | 0.01% |
603,855
+300,117
| +99% | +$16M |
|
873
CALL
Hershey
HSY
$36.6B
| $32.5M | 0.01% |
283,100
+74,500
| +36% | +$8.11M |
|
874
PUT
Cencora
COR
$61.2B
| $32.5M | 0.01% |
408,400
+203,800
| +100% | +$16.4M |
|
875
PUT
Rio Tinto
RIO
$164B
| $32.4M | 0.01% |
551,100
-87,300
| -14% | -$4.8M |
|
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.