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 | |
|---|---|---|---|---|---|---|
876
Vale
VALE
$62.6B
| $32.4M | 0.01% |
2,480,773
-1,310,526
| -35% | -$17M |
|
877
CALL
Realty Income
O
$59.1B
| $32.2M | 0.01% |
451,397
+98,969
| +28% | +$6.56M |
|
878
Walmart Inc
WMT
$890B
| $32.1M | 0.01% |
987,879
-848,991
| -46% | -$27.5M |
|
879
PUT
PNC Financial Services
PNC
$101B
| $32.1M | 0.01% |
261,700
-186,500
| -42% | -$23.1M |
|
|
WBC
880
CALL
DELISTED
WABCO HOLDINGS INC.
WBC
| $32.1M | 0.01% |
243,300
+185,200
| +319% | +$22.8M |
|
881
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.48B
| $32M | 0.01% |
1,078,500
+542,800
| +101% | +$16.1M |
|
|
SCHW
882
PUT
Charles Schwab
SCHW
$187B
| $32M | 0.01% |
748,500
+97,300
| +15% | +$4.39M |
|
883
Humana
HUM
$46.2B
| $32M | 0.01% |
+120,267
| New | +$34.7M |
|
|
ZAYO
884
CALL
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $32M | 0.01% |
1,125,200
-912,200
| -45% | -$24.2M |
|
885
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $31.9M | 0.01% |
1,242,632
-1,333,759
| -52% | -$34.4M |
|
886
PUT
CarMax
KMX
$8.26B
| $31.8M | 0.01% |
455,600
+255,400
| +128% | +$15.7M |
|
887
CALL
First Solar
FSLR
$26.9B
| $31.8M | 0.01% |
601,800
-519,200
| -46% | -$26.1M |
|
|
K
888
CALL
DELISTED
Kellanova
K
| $31.5M | 0.01% |
584,579
-54,741
| -9% | -$2.92M |
|
889
PUT
Monster Beverage
MNST
$88.5B
| $31.4M | 0.01% |
1,149,800
+1,060,200
| +1,183% | +$30.2M |
|
|
SCHW
890
CALL
Charles Schwab
SCHW
$187B
| $31.3M | 0.01% |
731,900
+131,300
| +22% | +$5.93M |
|
891
PUT
Nektar Therapeutics
NKTR
$2.58B
| $31.3M | 0.01% |
62,027
+10,274
| +20% | +$6.09M |
|
892
PUT
Match Group
MTCH
$8.55B
| $31.3M | 0.01% |
552,100
-228,200
| -29% | -$12.1M |
|
893
CALL
McCormick & Company Non-Voting
MKC
$14.2B
| $31.2M | 0.01% |
414,600
+126,600
| +44% | +$8.54M |
|
894
PUT
Carnival Corporation Ltd
CCL
$39.7B
| $31.2M | 0.01% |
615,000
+223,100
| +57% | +$12.4M |
|
895
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$97.7M
| $31.1M | 0.01% |
31,686
+20,783
| +191% | +$24.9M |
|
896
PUT
Alaska Air
ALK
$5.58B
| $31M | 0.01% |
552,800
-59,900
| -10% | -$3.66M |
|
897
CALL
Cboe Global Markets
CBOE
$29.9B
| $30.9M | 0.01% |
324,200
-129,400
| -29% | -$12.3M |
|
|
898
CALL
Carnival Corporation Ltd
CCL
$39.7B
| $30.9M | 0.01% |
608,800
-50,500
| -8% | -$2.8M |
|
|
899
PUT
First Solar
FSLR
$26.9B
| $30.8M | 0.01% |
582,000
-530,000
| -48% | -$26.7M |
|
900
CALL
Centene
CNC
$32.5B
| $30.7M | 0.01% |
577,500
+75,500
| +15% | +$4.58M |
|
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.