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 | |
|---|---|---|---|---|---|---|
1126
PUT
Madison Square Garden
MSGS
$9.43B
| $21.7M | 0.01% |
103,748
+22,292
| +27% | +$4.53M |
|
1127
CALL
ProShares UltraPro Short S&P 500
SPXU
$384M
| $21.7M | 0.01% |
6,877
-20,131
| -75% | -$72.9M |
|
1128
CALL
Under Armour
UAA
$2.5B
| $21.7M | 0.01% |
1,025,700
-906,700
| -47% | -$19M |
|
1129
PUT
Vanguard Real Estate ETF
VNQ
$38.6B
| $21.7M | 0.01% |
249,400
-325,500
| -57% | -$26.9M |
|
|
CRC
1130
PUT
DELISTED
California Resources Corporation
CRC
| $21.7M | 0.01% |
843,000
-386,200
| -31% | -$8.37M |
|
1131
PUT
Hilton Worldwide
HLT
$70B
| $21.7M | 0.01% |
260,700
-119,300
| -31% | -$9.34M |
|
1132
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $21.6M | 0.01% |
819,800
-479,500
| -37% | -$11.8M |
|
1133
PUT
LendingTree
TREE
$453M
| $21.6M | 0.01% |
61,300
+20,400
| +50% | +$6.16M |
|
|
CLVS
1134
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $21.5M | 0.01% |
867,400
+23,200
| +3% | +$582K |
|
1135
PUT
State Street
STT
$51.3B
| $21.5M | 0.01% |
326,800
+13,500
| +4% | +$936K |
|
|
SIVB
1136
PUT
DELISTED
SVB Financial Group
SIVB
| $21.5M | 0.01% |
96,700
+2,300
| +2% | +$536K |
|
1137
PUT
BHP
BHP
$230B
| $21.5M | 0.01% |
440,665
-298,859
| -40% | -$13.6M |
|
1138
PUT
Itaú Unibanco
ITUB
$86.9B
| $21.5M | 0.01% |
3,350,752
-4,528,826
| -57% | -$32M |
|
1139
CALL
Murphy Oil
MUR
$5.09B
| $21.5M | 0.01% |
732,900
+284,900
| +64% | +$8.08M |
|
|
OPLN
1140
CALL
Openlane
OPLN
$4.58B
| $21.4M | 0.01% |
1,104,356
+870,803
| +373% | +$16.4M |
|
1141
PUT
Parker-Hannifin
PH
$134B
| $21.4M | 0.01% |
124,900
-38,600
| -24% | -$6.4M |
|
1142
CALL
Molina Healthcare
MOH
$10.4B
| $21.4M | 0.01% |
150,600
+131,300
| +680% | +$17.8M |
|
1143
CALL
Zillow
Z
$7.59B
| $21.4M | 0.01% |
615,200
| – | – |
|
1144
PUT
Lamb Weston
LW
$7.12B
| $21.3M | 0.01% |
284,500
+228,300
| +406% | +$16.2M |
|
1145
CALL
Capri Holdings
CPRI
$1.75B
| $21.2M | 0.01% |
464,400
+72,300
| +18% | +$3.16M |
|
|
AIG.WS
1146
DELISTED
American International Group, Inc.
AIG.WS
| $21.2M | 0.01% |
3,776,793
-134,045
| -3% | -$874K |
|
1147
PUT
RingCentral
RNG
$5.38B
| $21.1M | 0.01% |
196,000
+98,200
| +100% | +$9.65M |
|
1148
PUT
GameStop
GME
$8.43B
| $21.1M | 0.01% |
8,314,400
+645,600
| +8% | +$2.01M |
|
|
ZGNX
1149
CALL
DELISTED
Zogenix, Inc.
ZGNX
| $21.1M | 0.01% |
383,100
+250,800
| +190% | +$11.9M |
|
1150
CALL
NetApp
NTAP
$39B
| $21.1M | 0.01% |
303,900
+163,700
| +117% | +$10.6M |
|
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.