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 | |
|---|---|---|---|---|---|---|
|
ULTI
1176
CALL
DELISTED
Ultimate Software Group Inc
ULTI
| $20M | 0.01% |
60,500
+21,500
| +55% | +$6.59M |
|
1177
CALL
Masco
MAS
$14.7B
| $19.9M | 0.01% |
506,500
+293,200
| +137% | +$10.5M |
|
1178
Alaska Air
ALK
$5.27B
| $19.9M | 0.01% |
354,579
+97,004
| +38% | +$5.92M |
|
1179
CALL
iShares MSCI South Korea ETF
EWY
$25.2B
| $19.9M | 0.01% |
325,700
+223,300
| +218% | +$13.8M |
|
1180
PUT
Devon Energy
DVN
$49.9B
| $19.8M | 0.01% |
628,800
-604,800
| -49% | -$16.9M |
|
|
CLR
1181
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $19.8M | 0.01% |
443,100
-414,300
| -48% | -$18.5M |
|
1182
CALL
Knight Transportation
KNX
$11.2B
| $19.8M | 0.01% |
606,200
+307,400
| +103% | +$9.78M |
|
1183
PUT
Williams-Sonoma
WSM
$29.5B
| $19.8M | 0.01% |
703,200
+331,400
| +89% | +$9.14M |
|
1184
PUT
Cintas
CTAS
$81.1B
| $19.8M | 0.01% |
391,200
+288,000
| +279% | +$13.9M |
|
1185
PUT
Check Point Software Technologies
CHKP
$13.4B
| $19.8M | 0.01% |
156,200
-61,100
| -28% | -$7.1M |
|
|
I
1186
CALL
DELISTED
INTELSAT S. A.
I
| $19.7M | 0.01% |
1,261,100
-168,900
| -12% | -$3.58M |
|
1187
CALL
Alcoa
AA
$13.6B
| $19.7M | 0.01% |
701,200
-166,400
| -19% | -$4.76M |
|
1188
CALL
Consolidated Edison
ED
$39.3B
| $19.7M | 0.01% |
232,800
-17,200
| -7% | -$1.37M |
|
|
DATA
1189
PUT
DELISTED
Tableau Software, Inc.
DATA
| $19.7M | 0.01% |
155,100
-103,700
| -40% | -$13.1M |
|
|
CZR
1190
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $19.7M | 0.01% |
2,270,900
+28,500
| +1% | +$247K |
|
1191
PUT
Iridium Communications
IRDM
$5.23B
| $19.7M | 0.01% |
746,000
+97,700
| +15% | +$2.1M |
|
|
WW
1192
DELISTED
WW International
WW
| $19.7M | 0.01% |
978,613
+869,280
| +795% | +$24M |
|
1193
PUT
TotalEnergies
TTE
$195B
| $19.7M | 0.01% |
353,700
-55,445,925
| -99% | -$595M |
|
1194
PUT
VeriSign
VRSN
$26.5B
| $19.7M | 0.01% |
108,300
-26,700
| -20% | -$4.58M |
|
1195
PUT
Agnico Eagle Mines
AEM
$91.4B
| $19.6M | 0.01% |
451,500
-371,200
| -45% | -$15.7M |
|
1196
CALL
Synopsys
SNPS
$78.8B
| $19.6M | 0.01% |
170,500
+77,300
| +83% | +$7.66M |
|
1197
PUT
ArcelorMittal
MT
$55.7B
| $19.6M | 0.01% |
963,100
+318,900
| +50% | +$7.06M |
|
1198
Wheaton Precious Metals
WPM
$60.6B
| $19.6M | 0.01% |
822,970
-636,426
| -44% | -$13.5M |
|
1199
Bath & Body Works
BBWI
$3.89B
| $19.6M | 0.01% |
+877,498
| New | +$19.3M |
|
|
COHR
1200
PUT
DELISTED
Coherent Inc
COHR
| $19.6M | 0.01% |
138,000
+19,500
| +16% | +$2.47M |
|
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.