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 | |
|---|---|---|---|---|---|---|
1426
PUT
Guardant Health
GH
$22.2B
| $14.4M | 0.01% |
+187,700
| New | +$10.4M |
|
1427
PUT
Fastenal
FAST
$60.1B
| $14.4M | 0.01% |
894,800
-623,600
| -41% | -$9.38M |
|
1428
CALL
Toll Brothers
TOL
$14.3B
| $14.4M | 0.01% |
397,400
+45,100
| +13% | +$1.62M |
|
1429
PUT
Wheaton Precious Metals
WPM
$61B
| $14.4M | 0.01% |
603,400
-578,100
| -49% | -$12.3M |
|
1430
Gen Digital
GEN
$17.4B
| $14.4M | 0.01% |
625,079
-1,985,309
| -76% | -$43.2M |
|
1431
PUT
TAL Education Group
TAL
$6.75B
| $14.4M | 0.01% |
398,000
-293,100
| -42% | -$9.51M |
|
1432
PUT
Yum! Brands
YUM
$39.5B
| $14.4M | 0.01% |
143,800
-168,400
| -54% | -$15.9M |
|
|
HES
1433
DELISTED
Hess
HES
| $14.3M | 0.01% |
+237,083
| New | +$13M |
|
1434
Dropbox
DBX
$7.41B
| $14.3M | 0.01% |
654,813
-368,796
| -36% | -$8.59M |
|
1435
CALL
iShares Russell 1000 Growth ETF
IWF
$127B
| $14.3M | 0.01% |
377,200
-62,400
| -14% | -$2.24M |
|
1436
CALL
MPLX
MPLX
$60.1B
| $14.3M | 0.01% |
433,900
+125,400
| +41% | +$4.21M |
|
1437
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $14.3M | 0.01% |
242,395
+152,851
| +171% | +$8.56M |
|
1438
CALL
Howmet Aerospace
HWM
$112B
| $14.2M | 0.01% |
970,828
-1,609,527
| -62% | -$23.1M |
|
1439
CALL
Bank of Montreal
BMO
$127B
| $14.2M | 0.01% |
189,600
-1,300
| -0.7% | -$96.1K |
|
1440
CALL
Viasat
VSAT
$11.6B
| $14.2M | 0.01% |
182,700
+94,500
| +107% | +$6.58M |
|
1441
CALL
PagSeguro Digital
PAGS
$2.48B
| $14.2M | 0.01% |
474,300
-472,400
| -50% | -$11.8M |
|
|
CS
1442
PUT
DELISTED
Credit Suisse Group
CS
| $14.2M | 0.01% |
1,214,600
+70,300
| +6% | +$839K |
|
1443
CALL
Boston Scientific
BSX
$74.2B
| $14.1M | 0.01% |
368,300
-150,700
| -29% | -$5.76M |
|
1444
PUT
Weyerhaeuser
WY
$18B
| $14.1M | 0.01% |
535,400
+25,000
| +5% | +$630K |
|
1445
CALL
Pinduoduo
PDD
$129B
| $14.1M | 0.01% |
568,200
+334,600
| +143% | +$8.98M |
|
1446
PUT
Tenet Healthcare
THC
$20.9B
| $14.1M | 0.01% |
488,500
+237,400
| +95% | +$5.86M |
|
1447
PUT
Eagle Materials
EXP
$6.57B
| $14.1M | 0.01% |
167,100
+145,300
| +667% | +$10.5M |
|
1448
Casey's General Stores
CASY
$30.7B
| $14.1M | 0.01% |
+109,322
| New | +$14.3M |
|
|
VIAB
1449
DELISTED
Viacom Inc. Class B
VIAB
| $14.1M | 0.01% |
500,610
-171,878
| -26% | -$4.93M |
|
1450
CALL
VF Corp
VFC
$5.81B
| $14M | 0.01% |
171,513
-23,895
| -12% | -$1.86M |
|
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.