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 | |
|---|---|---|---|---|---|---|
1551
CALL
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $12M | 0.01% |
365,000
+306,100
| +520% | +$9.75M |
|
1552
CALL
ICU Medical
ICUI
$4.55B
| $12M | ﹤0.01% |
50,200
+23,600
| +89% | +$5.66M |
|
1553
PUT
KeyCorp
KEY
$24.3B
| $12M | ﹤0.01% |
762,800
-96,900
| -11% | -$1.62M |
|
1554
PUT
Ascendis Pharma A/S
ASND
$16.7B
| $12M | ﹤0.01% |
102,000
+47,700
| +88% | +$4.18M |
|
1555
SandRidge Energy
SD
$531M
| $12M | ﹤0.01% |
1,496,488
-154,824
| -9% | -$1.27M |
|
1556
CALL
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $12M | ﹤0.01% |
293,100
+239,200
| +444% | +$9.56M |
|
1557
PUT
Acuity Brands
AYI
$10.7B
| $12M | ﹤0.01% |
99,800
+2,500
| +3% | +$311K |
|
1558
CALL
iShares US Aerospace & Defense ETF
ITA
$15B
| $12M | ﹤0.01% |
120,000
+11,600
| +11% | +$1.13M |
|
1559
PUT
Galicia Financial Group
GGAL
$7.15B
| $12M | ﹤0.01% |
469,100
+249,000
| +113% | +$7.8M |
|
1560
CALL
Texas Roadhouse
TXRH
$13.8B
| $12M | ﹤0.01% |
192,200
+126,900
| +194% | +$7.94M |
|
|
BIG
1561
CALL
DELISTED
Big Lots, Inc.
BIG
| $11.9M | ﹤0.01% |
314,100
+202,300
| +181% | +$6.6M |
|
1562
PUT
Ciena
CIEN
$54.9B
| $11.9M | ﹤0.01% |
319,500
-62,000
| -16% | -$2.41M |
|
1563
PUT
Viper Energy
VNOM
$15.4B
| $11.9M | ﹤0.01% |
359,700
-12,700
| -3% | -$407K |
|
1564
CALL
Apollo Global Management
APO
$80.8B
| $11.9M | ﹤0.01% |
422,200
+115,100
| +37% | +$3.27M |
|
1565
Fox Class A
FOXA
$26.1B
| $11.9M | ﹤0.01% |
+324,728
| New | +$12.7M |
|
1566
Ovintiv
OVV
$17.6B
| $11.9M | ﹤0.01% |
328,846
+189,729
| +136% | +$6.51M |
|
1567
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $11.9M | ﹤0.01% |
138,200
+8,000
| +6% | +$693K |
|
1568
PUT
Boston Scientific
BSX
$74.2B
| $11.9M | ﹤0.01% |
309,800
+160,900
| +108% | +$6.15M |
|
1569
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$159M
| $11.9M | ﹤0.01% |
148,700
-106,500
| -42% | -$8.19M |
|
1570
CALL
Nokia
NOK
$52.7B
| $11.8M | ﹤0.01% |
2,070,100
+1,008,000
| +95% | +$6.17M |
|
1571
PUT
Assured Guaranty
AGO
$3.31B
| $11.8M | ﹤0.01% |
266,300
-657,000
| -71% | -$27.4M |
|
1572
BP
BP
$111B
| $11.8M | ﹤0.01% |
274,646
-540,266
| -66% | -$22.1M |
|
|
IRBT
1573
CALL
DELISTED
iRobot
IRBT
| $11.8M | ﹤0.01% |
100,100
-129,700
| -56% | -$13.8M |
|
1574
CALL
Elanco Animal Health
ELAN
$11.4B
| $11.8M | ﹤0.01% |
+367,300
| New | +$11.3M |
|
1575
PUT
Nu Skin
NUS
$236M
| $11.8M | ﹤0.01% |
245,800
+230,100
| +1,466% | +$13.9M |
|
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.