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 | |
|---|---|---|---|---|---|---|
1576
PUT
Neurocrine Biosciences
NBIX
$16.5B
| $11.8M | ﹤0.01% |
133,500
-7,600
| -5% | -$635K |
|
1577
PUT
GoPro
GPRO
$107M
| $11.7M | ﹤0.01% |
1,805,200
-549,100
| -23% | -$3.07M |
|
1578
CALL
Dentsply Sirona
XRAY
$2.31B
| $11.7M | ﹤0.01% |
236,400
-17,100
| -7% | -$753K |
|
1579
CALL
Bread Financial
BFH
$4.36B
| $11.7M | ﹤0.01% |
83,826
+42,226
| +102% | +$5.75M |
|
1580
CALL
Golar LNG
GLNG
$5.17B
| $11.7M | ﹤0.01% |
554,100
+84,000
| +18% | +$1.85M |
|
|
WW
1581
CALL
DELISTED
WW International
WW
| $11.7M | ﹤0.01% |
578,600
+16,200
| +3% | +$447K |
|
1582
PUT
Zions Bancorporation
ZION
$10.4B
| $11.6M | ﹤0.01% |
256,400
+43,700
| +21% | +$2.08M |
|
1583
PUT
Old Dominion Freight Line
ODFL
$43.4B
| $11.6M | ﹤0.01% |
241,800
+89,700
| +59% | +$4.19M |
|
1584
Pan American Silver
PAAS
$21.8B
| $11.6M | ﹤0.01% |
877,867
+270,937
| +45% | +$3.79M |
|
1585
CALL
Zebra Technologies
ZBRA
$18.1B
| $11.6M | ﹤0.01% |
55,500
-2,000
| -3% | -$376K |
|
1586
CALL
Public Service Enterprise Group
PEG
$37.5B
| $11.6M | ﹤0.01% |
195,700
-61,300
| -24% | -$3.43M |
|
|
BHVN
1587
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $11.6M | ﹤0.01% |
225,807
+173,508
| +332% | +$7.5M |
|
|
CLDR
1588
DELISTED
Cloudera, Inc.
CLDR
| $11.6M | ﹤0.01% |
1,060,936
+624,655
| +143% | +$8.03M |
|
1589
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $11.6M | ﹤0.01% |
440,608
-516,103
| -54% | -$12.7M |
|
1590
PUT
Labcorp
LH
$26.1B
| $11.6M | ﹤0.01% |
88,231
+28,052
| +47% | +$3.46M |
|
|
SPR
1591
CALL
DELISTED
Spirit AeroSystems
SPR
| $11.6M | ﹤0.01% |
126,500
-56,400
| -31% | -$4.98M |
|
1592
CALL
HF Sinclair
DINO
$15.2B
| $11.5M | ﹤0.01% |
234,100
-91,600
| -28% | -$4.88M |
|
|
VSM
1593
DELISTED
Versum Materials, Inc.
VSM
| $11.5M | ﹤0.01% |
+229,262
| New | +$9.13M |
|
1594
Spire
SR
$4.87B
| $11.5M | ﹤0.01% |
140,074
+120,987
| +634% | +$9.44M |
|
1595
CALL
Vipshop
VIPS
$7.2B
| $11.5M | ﹤0.01% |
1,435,600
-352,700
| -20% | -$2.5M |
|
|
EMBJ
1596
PUT
Embraer S.A. ADS
EMBJ
$12.7B
| $11.5M | ﹤0.01% |
605,900
+399,200
| +193% | +$8.3M |
|
1597
CALL
Sony
SONY
$139B
| $11.5M | ﹤0.01% |
1,363,000
+464,500
| +52% | +$4.35M |
|
1598
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $11.5M | ﹤0.01% |
+311,194
| New | +$10.6M |
|
1599
CALL
Vanguard FTSE Europe ETF
VGK
$31B
| $11.5M | ﹤0.01% |
214,600
-200,700
| -48% | -$10.5M |
|
|
ZUO
1600
DELISTED
Zuora, Inc.
ZUO
| $11.5M | ﹤0.01% |
573,397
+321,251
| +127% | +$6.93M |
|
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.