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 | |
|---|---|---|---|---|---|---|
|
BIG
1526
PUT
DELISTED
Big Lots, Inc.
BIG
| $12.5M | 0.01% |
328,500
-129,500
| -28% | -$4.23M |
|
|
WLL
1527
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $12.5M | 0.01% |
6,364
-5,017
| -44% | -$10.1M |
|
1528
Vipshop
VIPS
$7.2B
| $12.5M | 0.01% |
1,551,620
+623,806
| +67% | +$4.42M |
|
1529
PUT
Rithm Capital
RITM
$5.72B
| $12.5M | 0.01% |
736,700
+206,800
| +39% | +$3.41M |
|
1530
PUT
Canadian National Railway
CNI
$76.4B
| $12.5M | 0.01% |
139,200
+132,400
| +1,947% | +$11.1M |
|
1531
CALL
Insulet
PODD
$10B
| $12.4M | 0.01% |
130,800
+76,800
| +142% | +$6.58M |
|
1532
CALL
SS&C Technologies
SSNC
$18.7B
| $12.4M | 0.01% |
194,600
+156,300
| +408% | +$8.69M |
|
|
SGEN
1533
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $12.4M | 0.01% |
168,800
+141,500
| +518% | +$10.1M |
|
1534
PUT
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$19.6M
| $12.4M | 0.01% |
28,180
+25,680
| +1,027% | +$12.2M |
|
1535
CALL
GDS Holdings
GDS
$6.54B
| $12.4M | 0.01% |
346,100
+134,900
| +64% | +$4.08M |
|
1536
CALL
Arthur J. Gallagher & Co
AJG
$65B
| $12.3M | 0.01% |
157,900
+83,800
| +113% | +$6.46M |
|
1537
CALL
Boston Beer
SAM
$1.85B
| $12.3M | 0.01% |
41,800
-77,200
| -65% | -$21.1M |
|
|
RESI
1538
CALL
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $12.3M | 0.01% |
1,328,900
+1,227,300
| +1,208% | +$12.8M |
|
1539
PUT
VF Corp
VFC
$5.81B
| $12.3M | 0.01% |
150,273
-80,287
| -35% | -$6.26M |
|
1540
CALL
Floor & Decor
FND
$6.44B
| $12.3M | 0.01% |
298,200
+172,200
| +137% | +$6.04M |
|
1541
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $12.3M | 0.01% |
114,800
-55,800
| -33% | -$6.05M |
|
|
VRNT
1542
CALL
DELISTED
Verint Systems
VRNT
| $12.3M | 0.01% |
401,826
+270,305
| +206% | +$6.87M |
|
1543
CALL
H&R Block
HRB
$5.92B
| $12.3M | 0.01% |
511,700
+310,900
| +155% | +$7.64M |
|
1544
PUT
Emerson Electric
EMR
$91.7B
| $12.2M | 0.01% |
178,300
-90,100
| -34% | -$5.93M |
|
1545
CALL
Old Dominion Freight Line
ODFL
$43.4B
| $12.2M | 0.01% |
253,200
+132,000
| +109% | +$6.17M |
|
1546
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$638M
| $12.1M | 0.01% |
10,140
-1,115
| -10% | -$1.16M |
|
1547
PUT
Box
BOX
$4.55B
| $12.1M | 0.01% |
628,500
+75,600
| +14% | +$1.57M |
|
1548
Booking.com
BKNG
$160B
| $12.1M | 0.01% |
173,650
+149,500
| +619% | +$10.7M |
|
|
SIVB
1549
CALL
DELISTED
SVB Financial Group
SIVB
| $12.1M | 0.01% |
54,500
+30,500
| +127% | +$7.1M |
|
|
BFYT
1550
PUT
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $12.1M | 0.01% |
450,000
+298,600
| +197% | +$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.