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 | |
|---|---|---|---|---|---|---|
976
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$429M
| $27.1M | 0.01% |
201,440
-44,784
| -18% | -$5.19M |
|
977
CALL
Synchrony
SYF
$25.4B
| $27.1M | 0.01% |
849,600
+473,300
| +126% | +$14.2M |
|
978
CALL
Lumen
LUMN
$6.71B
| $27M | 0.01% |
2,253,500
-952,500
| -30% | -$13.2M |
|
|
SAGE
979
CALL
DELISTED
Sage Therapeutics
SAGE
| $26.9M | 0.01% |
169,300
-178,300
| -51% | -$25.8M |
|
|
WP
980
PUT
DELISTED
Worldpay, Inc.
WP
| $26.9M | 0.01% |
236,900
+182,700
| +337% | +$16.6M |
|
981
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$50.8M
| $26.8M | 0.01% |
593
+147
| +33% | +$7.33M |
|
982
CALL
BioMarin Pharmaceuticals
BMRN
$13.2B
| $26.8M | 0.01% |
301,400
+96,300
| +47% | +$8.93M |
|
|
HTZ
983
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $26.7M | 0.01% |
1,770,008
-289,016
| -14% | -$4.21M |
|
984
Transocean
RIG
$6.32B
| $26.7M | 0.01% |
3,061,196
+2,219,936
| +264% | +$19M |
|
985
CALL
NIO
NIO
$11.9B
| $26.7M | 0.01% |
5,227,700
+3,502,500
| +203% | +$24.8M |
|
|
LNW
986
DELISTED
Light & Wonder
LNW
| $26.6M | 0.01% |
1,305,068
+220,057
| +20% | +$5.26M |
|
987
CALL
Oneok
OKE
$56.3B
| $26.6M | 0.01% |
380,800
-28,200
| -7% | -$1.83M |
|
988
CALL
AstraZeneca
AZN
$251B
| $26.4M | 0.01% |
326,450
-149,550
| -31% | -$11.8M |
|
989
PUT
Teck Resources
TECK
$32.9B
| $26.4M | 0.01% |
1,138,800
-1,085,800
| -49% | -$24.5M |
|
|
GG
990
DELISTED
Goldcorp Inc
GG
| $26.4M | 0.01% |
2,304,942
-4,150,925
| -64% | -$44.6M |
|
|
PARA
991
PUT
DELISTED
Paramount Global Class B
PARA
| $26.2M | 0.01% |
551,000
-97,100
| -15% | -$4.73M |
|
992
Ferrari
RACE
$71.5B
| $26.1M | 0.01% |
195,360
+66,592
| +52% | +$8.16M |
|
993
CALL
iShares US Transportation ETF
IYT
$2.27B
| $26.1M | 0.01% |
557,200
+417,600
| +299% | +$19M |
|
994
PUT
Children's Place
PLCE
$57.8M
| $25.9M | 0.01% |
266,500
+206,700
| +346% | +$18.8M |
|
995
Diamondback Energy
FANG
$55.5B
| $25.9M | 0.01% |
+255,301
| New | +$26.2M |
|
996
Berkshire Hathaway Class A
BRK.A
$1.14T
| $25.9M | 0.01% |
86
| – | – |
|
997
CALL
O'Reilly Automotive
ORLY
$75.2B
| $25.9M | 0.01% |
999,000
-2,595,000
| -72% | -$62.8M |
|
|
APC
998
DELISTED
Anadarko Petroleum
APC
| $25.9M | 0.01% |
+568,578
| New | +$25.8M |
|
999
CALL
Baxter International
BAX
$14.4B
| $25.8M | 0.01% |
317,900
-31,800
| -9% | -$2.31M |
|
1000
CALL
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$19.8M
| $25.8M | 0.01% |
58,750
+37,820
| +181% | +$17.9M |
|
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.