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 | |
|---|---|---|---|---|---|---|
951
CALL
Motorola Solutions
MSI
$76.7B
| $28M | 0.01% |
199,600
-69,800
| -26% | -$9.06M |
|
952
PUT
Bath & Body Works
BBWI
$3.92B
| $28M | 0.01% |
1,254,071
-299,972
| -19% | -$6.59M |
|
953
CALL
HDFC Bank
HDB
$120B
| $27.9M | 0.01% |
964,000
+770,000
| +397% | +$20M |
|
954
CALL
Energy Transfer Partners
ET
$70.8B
| $27.9M | 0.01% |
1,815,300
-2,739,400
| -60% | -$40.7M |
|
955
PUT
Vodafone
VOD
$36.4B
| $27.8M | 0.01% |
1,527,300
+177,200
| +13% | +$3.29M |
|
956
PUT
Incyte
INCY
$24.8B
| $27.8M | 0.01% |
322,800
-151,800
| -32% | -$12.4M |
|
957
Norfolk Southern
NSC
$75.4B
| $27.7M | 0.01% |
+148,365
| New | +$25.7M |
|
958
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$598M
| $27.7M | 0.01% |
20,526
-7,297
| -26% | -$11.9M |
|
959
PUT
D.R. Horton
DHI
$40.9B
| $27.7M | 0.01% |
668,400
+199,800
| +43% | +$7.82M |
|
|
ACB
960
PUT
Aurora Cannabis
ACB
$178M
| $27.6M | 0.01% |
25,381
+14,956
| +143% | +$13.4M |
|
961
PUT
Warner Bros
WBD
$67.6B
| $27.6M | 0.01% |
1,021,200
+488,800
| +92% | +$13.6M |
|
962
PUT
Okta
OKTA
$26.5B
| $27.6M | 0.01% |
333,500
+196,700
| +144% | +$15.6M |
|
963
CALL
Veeva Systems
VEEV
$38.3B
| $27.6M | 0.01% |
217,200
-38,900
| -15% | -$4.39M |
|
964
Devon Energy
DVN
$49.7B
| $27.5M | 0.01% |
871,645
+714,984
| +456% | +$20M |
|
965
PUT
J.M. Smucker
SJM
$12.6B
| $27.5M | 0.01% |
235,700
+22,400
| +11% | +$2.34M |
|
966
Sarepta Therapeutics
SRPT
$1.77B
| $27.4M | 0.01% |
230,010
-102,667
| -31% | -$13.2M |
|
967
CALL
DexCom
DXCM
$33.3B
| $27.4M | 0.01% |
920,400
+646,000
| +235% | +$22.7M |
|
968
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$64.9M
| $27.4M | 0.01% |
216,900
+79,000
| +57% | +$9.99M |
|
969
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.58B
| $27.4M | 0.01% |
709,900
-140,300
| -17% | -$5.19M |
|
970
PUT
Planet Fitness
PLNT
$3.66B
| $27.3M | 0.01% |
397,800
+318,500
| +402% | +$19.3M |
|
971
CALL
Cheniere Energy
LNG
$54.7B
| $27.3M | 0.01% |
399,800
-416,400
| -51% | -$27.4M |
|
972
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $27.3M | 0.01% |
55,690
+35,420
| +175% | +$18.5M |
|
973
PUT
Nutrien
NTR
$31.4B
| $27.3M | 0.01% |
517,000
-621,100
| -55% | -$32.4M |
|
974
CALL
uniQure
QURE
$3.2B
| $27.2M | 0.01% |
455,500
+367,700
| +419% | +$16.4M |
|
975
CALL
SolarEdge
SEDG
$1.98B
| $27.2M | 0.01% |
720,600
+259,800
| +56% | +$10.4M |
|
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.