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 | |
|---|---|---|---|---|---|---|
1101
CALL
VeriSign
VRSN
$26.5B
| $22.7M | 0.01% |
124,800
-53,400
| -30% | -$9.16M |
|
1102
iShares Silver Trust
SLV
$32B
| $22.6M | 0.01% |
1,593,391
+742,857
| +87% | +$10.8M |
|
1103
CALL
Eagle Materials
EXP
$6.47B
| $22.5M | 0.01% |
266,400
+162,500
| +156% | +$11.7M |
|
|
HUYA
1104
CALL
Huya Inc
HUYA
$558M
| $22.5M | 0.01% |
798,300
+169,700
| +27% | +$3.79M |
|
1105
CALL
Rockwell Automation
ROK
$48.3B
| $22.4M | 0.01% |
127,700
-16,100
| -11% | -$2.74M |
|
1106
PUT
HubSpot
HUBS
$10.8B
| $22.4M | 0.01% |
134,700
+61,500
| +84% | +$9.74M |
|
1107
Albemarle
ALB
$15.5B
| $22.4M | 0.01% |
272,860
+4,657
| +2% | +$381K |
|
1108
PUT
Illinois Tool Works
ITW
$83.9B
| $22.4M | 0.01% |
155,800
-38,000
| -20% | -$5.26M |
|
1109
PUT
ProShares UltraPro Dow 30
UDOW
$937M
| $22.3M | 0.01% |
926,400
+843,600
| +1,019% | +$18.7M |
|
|
X
1110
DELISTED
US Steel
X
| $22.3M | 0.01% |
1,141,698
+69,299
| +6% | +$1.47M |
|
|
1111
CALL
HubSpot
HUBS
$10.8B
| $22.2M | 0.01% |
133,700
+95,000
| +245% | +$15M |
|
1112
CALL
Fortinet
FTNT
$120B
| $22.2M | 0.01% |
1,322,500
+206,000
| +18% | +$3.28M |
|
1113
PUT
Cleveland-Cliffs
CLF
$7.13B
| $22.1M | 0.01% |
2,216,400
+338,000
| +18% | +$3.38M |
|
1114
CALL
Weibo
WB
$1.96B
| $22.1M | 0.01% |
355,700
-160,100
| -31% | -$9.94M |
|
1115
PUT
DexCom
DXCM
$33.1B
| $22M | 0.01% |
740,400
+364,400
| +97% | +$12.8M |
|
|
GG
1116
CALL
DELISTED
Goldcorp Inc
GG
| $22M | 0.01% |
1,926,100
-119,000
| -6% | -$1.28M |
|
1117
CALL
FTI Consulting
FCN
$4.17B
| $22M | 0.01% |
286,800
+272,500
| +1,906% | +$19.2M |
|
1118
PUT
Hershey
HSY
$36.7B
| $22M | 0.01% |
191,700
+80,500
| +72% | +$8.77M |
|
1119
CALL
Snap-on
SNA
$21.3B
| $22M | 0.01% |
140,600
+37,300
| +36% | +$5.92M |
|
1120
CALL
KraneShares CSI China Internet ETF
KWEB
$5.76B
| $22M | 0.01% |
467,200
+163,600
| +54% | +$7.17M |
|
1121
PUT
Toyota
TM
$224B
| $22M | 0.01% |
186,300
+160,800
| +631% | +$19.5M |
|
1122
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$332M
| $21.9M | 0.01% |
10,501
+792
| +8% | +$1.9M |
|
|
HES
1123
CALL
DELISTED
Hess
HES
| $21.9M | 0.01% |
363,500
-898,900
| -71% | -$49.5M |
|
|
GRMN
1124
PUT
Garmin
GRMN
$60.4B
| $21.9M | 0.01% |
253,500
+173,500
| +217% | +$13.1M |
|
1125
CALL
Old National Bancorp
ONB
$10.1B
| $21.9M | 0.01% |
1,333,900
+1,253,700
| +1,563% | +$20.9M |
|
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.