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 | |
|---|---|---|---|---|---|---|
1076
CALL
ProShares Ultra S&P500
SSO
$8.41B
| $23.2M | 0.01% |
1,573,600
-1,314,400
| -46% | -$17.9M |
|
1077
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$157M
| $23.2M | 0.01% |
290,300
+184,300
| +174% | +$14.2M |
|
1078
PUT
Fortinet
FTNT
$120B
| $23.1M | 0.01% |
1,377,000
-202,500
| -13% | -$3.23M |
|
|
RSX
1079
PUT
DELISTED
VanEck Russia ETF
RSX
| $23.1M | 0.01% |
1,119,500
-658,100
| -37% | -$13.5M |
|
1080
CALL
Akamai
AKAM
$16.9B
| $23.1M | 0.01% |
321,500
-298,300
| -48% | -$20.2M |
|
1081
CALL
Digital Realty Trust
DLR
$70.8B
| $23M | 0.01% |
193,600
+48,100
| +33% | +$5.37M |
|
1082
PUT
CF Industries
CF
$18.4B
| $23M | 0.01% |
562,800
-49,700
| -8% | -$2.11M |
|
1083
PUT
HCA Healthcare
HCA
$89.6B
| $23M | 0.01% |
176,400
-169,100
| -49% | -$22.7M |
|
|
CMA
1084
CALL
DELISTED
Comerica
CMA
| $23M | 0.01% |
313,300
+133,400
| +74% | +$10.7M |
|
1085
Under Armour Class C
UA
$2.42B
| $22.9M | 0.01% |
1,215,911
+527,564
| +77% | +$9.97M |
|
1086
CALL
Atlassian
TEAM
$38.5B
| $22.9M | 0.01% |
203,700
+61,900
| +44% | +$6.33M |
|
|
BZUN
1087
CALL
Baozun
BZUN
$170M
| $22.9M | 0.01% |
550,400
+159,700
| +41% | +$5.59M |
|
1088
PUT
Vornado Realty Trust
VNO
$7.26B
| $22.9M | 0.01% |
339,000
+82,000
| +32% | +$5.5M |
|
1089
United States Oil Fund
USO
$1.78B
| $22.8M | 0.01% |
228,465
-911,885
| -80% | -$84M |
|
1090
CALL
Lamb Weston
LW
$7.12B
| $22.8M | 0.01% |
304,800
+249,700
| +453% | +$17.7M |
|
1091
APA Corp
APA
$14.4B
| $22.8M | 0.01% |
658,034
-131,387
| -17% | -$4.28M |
|
1092
CALL
BlackBerry
BB
$5.18B
| $22.8M | 0.01% |
2,258,900
+622,300
| +38% | +$5.23M |
|
1093
Marvell Technology
MRVL
$187B
| $22.8M | 0.01% |
1,145,818
+227,354
| +25% | +$4.25M |
|
1094
CALL
Warner Bros
WBD
$67.4B
| $22.8M | 0.01% |
843,100
+479,000
| +132% | +$13.3M |
|
|
GOOS
1095
CALL
Canada Goose Holdings
GOOS
$849M
| $22.8M | 0.01% |
474,100
+93,400
| +25% | +$4.76M |
|
1096
CALL
iShares MSCI China ETF
MCHI
$6.42B
| $22.7M | 0.01% |
364,300
+352,600
| +3,014% | +$20.8M |
|
1097
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$6.05B
| $22.7M | 0.01% |
1,640,000
+699,000
| +74% | +$7.82M |
|
1098
CALL
Hilton Worldwide
HLT
$70B
| $22.7M | 0.01% |
273,300
-52,000
| -16% | -$4.07M |
|
1099
PUT
Zebra Technologies
ZBRA
$17.9B
| $22.7M | 0.01% |
108,300
-10,300
| -9% | -$1.94M |
|
1100
CALL
Illinois Tool Works
ITW
$83.9B
| $22.7M | 0.01% |
158,000
+81,500
| +107% | +$11.3M |
|
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.