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 | |
|---|---|---|---|---|---|---|
1301
PUT
KKR & Co
KKR
$97.2B
| $16.7M | 0.01% |
710,000
-58,300
| -8% | -$1.33M |
|
|
HTZ
1302
CALL
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $16.7M | 0.01% |
1,104,845
-637,424
| -37% | -$9.27M |
|
1303
PUT
Travelers Companies
TRV
$78.4B
| $16.6M | 0.01% |
121,300
-101,900
| -46% | -$13M |
|
1304
PUT
Diageo
DEO
$53.2B
| $16.6M | 0.01% |
101,600
+38,900
| +62% | +$5.94M |
|
|
VIAB
1305
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $16.6M | 0.01% |
590,600
+357,200
| +153% | +$10.3M |
|
1306
CALL
PVH
PVH
$3.95B
| $16.6M | 0.01% |
135,900
+78,700
| +138% | +$8.62M |
|
1307
PUT
Markel Group
MKL
$22.9B
| $16.5M | 0.01% |
16,600
+1,800
| +12% | +$1.83M |
|
1308
Southwest Airlines
LUV
$22.3B
| $16.5M | 0.01% |
+318,041
| New | +$16.8M |
|
|
DFS
1309
PUT
DELISTED
Discover Financial Services
DFS
| $16.5M | 0.01% |
232,000
-430,100
| -65% | -$29.4M |
|
1310
Cameco
CCJ
$43B
| $16.4M | 0.01% |
1,393,671
+454,858
| +48% | +$5.47M |
|
1311
CALL
T. Rowe Price
TROW
$24.3B
| $16.4M | 0.01% |
164,100
-22,300
| -12% | -$2.15M |
|
1312
CALL
iShares US Home Construction ETF
ITB
$2.38B
| $16.4M | 0.01% |
466,100
+250,000
| +116% | +$8.49M |
|
1313
PUT
Cooper Companies
COO
$15B
| $16.4M | 0.01% |
221,600
+203,200
| +1,104% | +$14.2M |
|
1314
State Street SPDR S&P Biotech ETF
XBI
$10.4B
| $16.4M | 0.01% |
181,145
-240,067
| -57% | -$20.4M |
|
|
TRTN
1315
CALL
DELISTED
Triton International Limited
TRTN
| $16.4M | 0.01% |
527,300
+181,300
| +52% | +$6.03M |
|
|
RDS.B
1316
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $16.4M | 0.01% |
256,300
+56,000
| +28% | +$3.54M |
|
1317
Newmont
NEM
$124B
| $16.4M | 0.01% |
458,174
+322,087
| +237% | +$10.9M |
|
1318
Restaurant Brands International
QSR
$25.6B
| $16.4M | 0.01% |
251,459
-5,585
| -2% | -$343K |
|
1319
CALL
Raymond James Financial
RJF
$34.6B
| $16.4M | 0.01% |
305,400
+176,550
| +137% | +$9.45M |
|
|
MRO
1320
PUT
DELISTED
Marathon Oil Corporation
MRO
| $16.3M | 0.01% |
977,600
-409,600
| -30% | -$6.69M |
|
1321
PUT
Cardinal Health
CAH
$56.6B
| $16.3M | 0.01% |
338,600
-152,100
| -31% | -$7.62M |
|
1322
CALL
TotalEnergies
TTE
$196B
| $16.3M | 0.01% |
292,800
-58,081,488
| -99% | -$623M |
|
|
ETFC
1323
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $16.3M | 0.01% |
350,900
-701,300
| -67% | -$33.4M |
|
1324
CALL
Abercrombie & Fitch
ANF
$5.24B
| $16.3M | 0.01% |
594,300
+21,500
| +4% | +$482K |
|
1325
CALL
NovoCure
NVCR
$2.03B
| $16.3M | 0.01% |
338,100
-91,700
| -21% | -$4.41M |
|
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.