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 | |
|---|---|---|---|---|---|---|
1201
PUT
ProShares UltraPro Short S&P 500
SPXU
$384M
| $19.5M | 0.01% |
6,198
-1,273
| -17% | -$4.61M |
|
1202
CALL
Equifax
EFX
$21.3B
| $19.5M | 0.01% |
164,400
+18,500
| +13% | +$1.97M |
|
1203
CALL
Tenet Healthcare
THC
$20.9B
| $19.5M | 0.01% |
674,700
-118,100
| -15% | -$2.92M |
|
|
GBT
1204
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $19.4M | 0.01% |
366,600
+235,800
| +180% | +$11.6M |
|
|
SFIX
1205
CALL
Stitch Fix
SFIX
$530M
| $19.4M | 0.01% |
686,300
+241,400
| +54% | +$5.99M |
|
1206
PUT
Veeva Systems
VEEV
$38.1B
| $19.4M | 0.01% |
152,700
-41,500
| -21% | -$4.68M |
|
1207
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$146M
| $19.3M | 0.01% |
+10,332
| New | +$22.8M |
|
1208
PUT
S&P Global
SPGI
$121B
| $19.3M | 0.01% |
91,800
+29,700
| +48% | +$5.75M |
|
1209
CALL
Tractor Supply
TSCO
$18B
| $19.3M | 0.01% |
988,500
+338,000
| +52% | +$6.15M |
|
1210
PUT
Lumentum
LITE
$63.3B
| $19.3M | 0.01% |
341,800
-114,700
| -25% | -$5.5M |
|
1211
PUT
Masco
MAS
$14.7B
| $19.3M | 0.01% |
490,700
+8,100
| +2% | +$289K |
|
1212
CALL
Edison International
EIX
$26.1B
| $19.3M | 0.01% |
311,500
+200
| +0.1% | +$11.9K |
|
1213
PUT
Tandem Diabetes Care
TNDM
$1.59B
| $19.3M | 0.01% |
303,500
+76,600
| +34% | +$4.02M |
|
1214
CALL
Bath & Body Works
BBWI
$3.89B
| $19.3M | 0.01% |
864,168
-54,799
| -6% | -$1.2M |
|
1215
PUT
XPO
XPO
$23.5B
| $19.3M | 0.01% |
1,036,276
-417,517
| -29% | -$8.01M |
|
1216
PUT
ProShares Ultra QQQ
QLD
$14B
| $19.3M | 0.01% |
1,712,800
+1,003,200
| +141% | +$10.1M |
|
|
WUBA
1217
PUT
DELISTED
58.com Inc
WUBA
| $19.2M | 0.01% |
292,800
+9,500
| +3% | +$598K |
|
|
VMW
1218
DELISTED
VMware, Inc
VMW
| $19.2M | 0.01% |
+106,458
| New | +$17.3M |
|
1219
CALL
GameStop
GME
$8.43B
| $19.2M | 0.01% |
7,562,400
+1,224,400
| +19% | +$3.8M |
|
1220
CALL
Sempra
SRE
$55.1B
| $19.1M | 0.01% |
304,000
-3,200
| -1% | -$189K |
|
|
NVO
1221
CALL
Novo Nordisk
NVO
$209B
| $19.1M | 0.01% |
731,000
+210,600
| +40% | +$5.18M |
|
1222
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $19.1M | 0.01% |
264,800
+221,900
| +517% | +$15.4M |
|
1223
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$238M
| $19.1M | 0.01% |
83,940
+22,340
| +36% | +$4.68M |
|
1224
CALL
State Street
STT
$51.3B
| $19.1M | 0.01% |
289,500
-255,000
| -47% | -$17.7M |
|
1225
PUT
Aflac
AFL
$61.1B
| $19M | 0.01% |
380,900
-219,800
| -37% | -$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.