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 | |
|---|---|---|---|---|---|---|
|
PYX
1601
CALL
DELISTED
Pyxus International, Inc.
PYX
| $11.5M | ﹤0.01% |
480,600
+129,300
| +37% | +$2.7M |
|
1602
CALL
Cadence Design Systems
CDNS
$90.2B
| $11.4M | ﹤0.01% |
180,100
+7,900
| +5% | +$419K |
|
|
HZNP
1603
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $11.4M | ﹤0.01% |
432,600
+178,700
| +70% | +$4.23M |
|
1604
PUT
AMC Global Media
AMCX
$486M
| $11.4M | ﹤0.01% |
201,400
+168,100
| +505% | +$10.3M |
|
1605
PUT
iShares US Transportation ETF
IYT
$2.27B
| $11.4M | ﹤0.01% |
243,200
-42,800
| -15% | -$1.95M |
|
1606
PUT
Huntsman Corp
HUN
$1.83B
| $11.4M | ﹤0.01% |
506,000
+54,700
| +12% | +$1.23M |
|
1607
Atlassian
TEAM
$39.1B
| $11.4M | ﹤0.01% |
101,200
+59,522
| +143% | +$6.08M |
|
|
JNPR
1608
CALL
DELISTED
Juniper Networks
JNPR
| $11.4M | ﹤0.01% |
429,300
+171,300
| +66% | +$4.61M |
|
|
CHL
1609
CALL
DELISTED
China Mobile Limited
CHL
| $11.3M | ﹤0.01% |
222,500
+110,200
| +98% | +$5.75M |
|
1610
Rithm Capital
RITM
$5.72B
| $11.3M | ﹤0.01% |
669,397
+330,549
| +98% | +$5.44M |
|
1611
CALL
CF Industries
CF
$17.8B
| $11.3M | ﹤0.01% |
276,500
-388,600
| -58% | -$16.5M |
|
1612
CALL
Chemed
CHE
$7.02B
| $11.3M | ﹤0.01% |
35,300
+19,100
| +118% | +$5.87M |
|
1613
PUT
Ambarella
AMBA
$3.64B
| $11.3M | ﹤0.01% |
261,300
-125,700
| -32% | -$4.97M |
|
|
SGMO
1614
CALL
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $11.3M | ﹤0.01% |
1,180,100
+554,300
| +89% | +$5.66M |
|
1615
PUT
Thor Industries
THO
$4.23B
| $11.2M | ﹤0.01% |
179,900
+11,600
| +7% | +$735K |
|
|
CHK
1616
DELISTED
Chesapeake Energy Corporation
CHK
| $11.2M | ﹤0.01% |
+18,097
| New | +$10.1M |
|
|
HUYA
1617
PUT
Huya Inc
HUYA
$556M
| $11.2M | ﹤0.01% |
398,600
+86,400
| +28% | +$1.93M |
|
1618
CALL
Fortive
FTV
$18.6B
| $11.2M | ﹤0.01% |
211,700
+71,836
| +51% | +$3.5M |
|
|
MNDT
1619
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $11.2M | ﹤0.01% |
666,634
-224,182
| -25% | -$3.77M |
|
1620
CALL
Alarm.com
ALRM
$2.77B
| $11.2M | ﹤0.01% |
172,400
+46,700
| +37% | +$2.83M |
|
1621
PUT
Tapestry
TPR
$32.4B
| $11.2M | ﹤0.01% |
344,300
+147,300
| +75% | +$5.16M |
|
|
FITB
1622
CALL
Fifth Third Bancorp
FITB
$52.2B
| $11.2M | ﹤0.01% |
443,200
+27,400
| +7% | +$730K |
|
1623
CALL
Pultegroup
PHM
$25.2B
| $11.2M | ﹤0.01% |
399,600
-751,500
| -65% | -$20.5M |
|
|
EQM
1624
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $11.2M | ﹤0.01% |
242,000
+65,100
| +37% | +$2.85M |
|
|
PRAH
1625
PUT
DELISTED
PRA Health Sciences, Inc.
PRAH
| $11.2M | ﹤0.01% |
101,300
+52,800
| +109% | +$5.52M |
|
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.