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 | |
|---|---|---|---|---|---|---|
1476
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $13.5M | 0.01% |
+180,352
| New | +$13.1M |
|
1477
CALL
Vornado Realty Trust
VNO
$7.24B
| $13.5M | 0.01% |
200,600
+74,000
| +58% | +$4.96M |
|
1478
CALL
Teleflex
TFX
$5.91B
| $13.5M | 0.01% |
44,600
-5,700
| -11% | -$1.59M |
|
|
CRC
1479
DELISTED
California Resources Corporation
CRC
| $13.4M | 0.01% |
523,014
+291,659
| +126% | +$6.32M |
|
1480
HP
HPQ
$26.6B
| $13.4M | 0.01% |
+691,926
| New | +$14.7M |
|
|
S
1481
CALL
DELISTED
Sprint Corporation
S
| $13.4M | 0.01% |
2,378,400
+893,200
| +60% | +$5.53M |
|
1482
PUT
CRISPR Therapeutics
CRSP
$5.23B
| $13.4M | 0.01% |
376,000
+33,600
| +10% | +$1.16M |
|
|
CTRA
1483
CALL
DELISTED
Coterra Energy
CTRA
| $13.4M | 0.01% |
514,500
-84,100
| -14% | -$2.11M |
|
|
SFIX
1484
Stitch Fix
SFIX
$499M
| $13.4M | 0.01% |
475,681
+329,387
| +225% | +$8.18M |
|
1485
CALL
Eastman Chemical
EMN
$8.55B
| $13.4M | 0.01% |
176,300
+104,100
| +144% | +$8.27M |
|
1486
PUT
Conagra Brands
CAG
$7.14B
| $13.4M | 0.01% |
482,200
+62,600
| +15% | +$1.43M |
|
1487
CALL
Viking Therapeutics
VKTX
$3.94B
| $13.4M | 0.01% |
1,345,500
+1,234,100
| +1,108% | +$10.3M |
|
1488
PUT
Polaris
PII
$3.99B
| $13.4M | 0.01% |
158,300
+61,400
| +63% | +$5.21M |
|
1489
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $13.4M | 0.01% |
+509,591
| New | +$12.7M |
|
1490
PUT
Apollo Global Management
APO
$80.8B
| $13.4M | 0.01% |
472,700
+212,400
| +82% | +$6.04M |
|
1491
MGM Resorts International
MGM
$11.1B
| $13.3M | 0.01% |
519,938
-873,015
| -63% | -$23.9M |
|
1492
CALL
Crown Holdings
CCK
$13.1B
| $13.3M | 0.01% |
244,100
+126,000
| +107% | +$6.5M |
|
1493
ArcelorMittal
MT
$55.6B
| $13.3M | 0.01% |
652,448
+315,700
| +94% | +$6.99M |
|
1494
CALL
Lear
LEA
$8.12B
| $13.3M | 0.01% |
97,900
-61,000
| -38% | -$8.94M |
|
1495
PUT
Quest Diagnostics
DGX
$26.2B
| $13.2M | 0.01% |
147,300
-29,600
| -17% | -$2.56M |
|
1496
PUT
Toll Brothers
TOL
$14.3B
| $13.2M | 0.01% |
363,400
-62,500
| -15% | -$2.25M |
|
1497
DexCom
DXCM
$33.8B
| $13.1M | 0.01% |
441,316
+238,652
| +118% | +$8.39M |
|
1498
PUT
Raymond James Financial
RJF
$34.6B
| $13.1M | 0.01% |
244,950
+130,650
| +114% | +$7M |
|
1499
CALL
Voya Financial
VOYA
$8.9B
| $13.1M | 0.01% |
262,700
+161,600
| +160% | +$7.67M |
|
1500
CALL
Cirrus Logic
CRUS
$6.11B
| $13.1M | 0.01% |
311,500
-17,600
| -5% | -$679K |
|
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.