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 | |
|---|---|---|---|---|---|---|
1151
CALL
Credit Acceptance
CACC
$6.03B
| $21M | 0.01% |
46,400
+37,900
| +446% | +$16.3M |
|
1152
PUT
Accenture
ACN
$109B
| $20.9M | 0.01% |
118,900
-76,100
| -39% | -$12M |
|
1153
Cheniere Energy
LNG
$54.9B
| $20.9M | 0.01% |
305,895
+168,358
| +122% | +$11.1M |
|
1154
PUT
Coty
COTY
$2.51B
| $20.8M | 0.01% |
1,809,200
+1,363,700
| +306% | +$12.9M |
|
1155
Lumen
LUMN
$6.85B
| $20.8M | 0.01% |
1,734,688
+1,572,138
| +967% | +$21.8M |
|
1156
CALL
F5
FFIV
$23.2B
| $20.8M | 0.01% |
132,500
+2,700
| +2% | +$434K |
|
1157
CALL
Monster Beverage
MNST
$89.6B
| $20.7M | 0.01% |
760,000
+482,400
| +174% | +$13.8M |
|
1158
CALL
Vanguard S&P 500 ETF
VOO
$1.03T
| $20.7M | 0.01% |
79,700
+9,300
| +13% | +$2.32M |
|
1159
CALL
S&P Global
SPGI
$121B
| $20.6M | 0.01% |
98,000
-98,200
| -50% | -$19M |
|
1160
PUT
TripAdvisor
TRIP
$1.26B
| $20.5M | 0.01% |
399,400
-182,100
| -31% | -$9.98M |
|
1161
CALL
Sanofi
SNY
$104B
| $20.5M | 0.01% |
462,400
+26,300
| +6% | +$1.13M |
|
|
AVYA
1162
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $20.4M | 0.01% |
1,212,844
-164,910
| -12% | -$2.58M |
|
|
1163
PUT
F5
FFIV
$23.2B
| $20.4M | 0.01% |
130,000
-41,900
| -24% | -$6.74M |
|
1164
PUT
Novartis
NVS
$298B
| $20.4M | 0.01% |
236,592
-4,799
| -2% | -$385K |
|
1165
CALL
Enbridge
ENB
$112B
| $20.3M | 0.01% |
561,200
+88,000
| +19% | +$3.17M |
|
1166
PUT
NetApp
NTAP
$39B
| $20.2M | 0.01% |
290,900
-75,800
| -21% | -$4.89M |
|
|
GOOS
1167
PUT
Canada Goose Holdings
GOOS
$849M
| $20.1M | 0.01% |
419,200
+83,000
| +25% | +$4.23M |
|
1168
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.29B
| $20.1M | 0.01% |
430,500
+315,500
| +274% | +$13.2M |
|
1169
PUT
Motorola Solutions
MSI
$76.5B
| $20.1M | 0.01% |
143,300
-15,300
| -10% | -$1.99M |
|
1170
CALL
Harley-Davidson
HOG
$2.72B
| $20M | 0.01% |
562,200
+236,000
| +72% | +$8.59M |
|
1171
Arista Networks
ANET
$242B
| $20M | 0.01% |
1,019,904
+660,304
| +184% | +$10.5M |
|
1172
Capri Holdings
CPRI
$1.75B
| $20M | 0.01% |
437,894
+168,600
| +63% | +$7.37M |
|
1173
PUT
Invesco CurrencyShares Swiss Franc Trust
FXF
$397M
| $20M | 0.01% |
214,400
+198,600
| +1,257% | +$18.6M |
|
1174
CALL
Agios Pharmaceuticals
AGIO
$1.95B
| $20M | 0.01% |
296,800
+186,300
| +169% | +$10.9M |
|
|
LNW
1175
CALL
DELISTED
Light & Wonder
LNW
| $20M | 0.01% |
979,200
-279,300
| -22% | -$6.67M |
|
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.