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 | |
|---|---|---|---|---|---|---|
|
COUP
1626
PUT
DELISTED
Coupa Software Incorporated
COUP
| $11.2M | ﹤0.01% |
122,600
+31,900
| +35% | +$2.73M |
|
1627
PUT
Axalta
AXTA
$7.98B
| $11.1M | ﹤0.01% |
440,900
-157,300
| -26% | -$4.05M |
|
1628
Tenet Healthcare
THC
$20.9B
| $11.1M | ﹤0.01% |
385,406
-201,796
| -34% | -$4.98M |
|
1629
CALL
Children's Place
PLCE
$56.3M
| $11.1M | ﹤0.01% |
114,200
-33,000
| -22% | -$3.01M |
|
1630
CALL
Assured Guaranty
AGO
$3.31B
| $11.1M | ﹤0.01% |
249,600
+55,200
| +28% | +$2.3M |
|
1631
Amplify Alternative Harvest ETF
MJ
$109M
| $11.1M | ﹤0.01% |
25,407
+7,631
| +43% | +$3.15M |
|
1632
PUT
Duke Energy
DUK
$96.1B
| $11.1M | ﹤0.01% |
123,100
-126,600
| -51% | -$11.2M |
|
|
MNDT
1633
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $11.1M | ﹤0.01% |
658,300
-807,900
| -55% | -$13.6M |
|
1634
PUT
Regions Financial
RF
$26.9B
| $11M | ﹤0.01% |
780,800
+302,600
| +63% | +$4.64M |
|
|
SLCA
1635
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $11M | ﹤0.01% |
636,200
-11,400
| -2% | -$163K |
|
1636
CALL
Yum China
YUMC
$16.3B
| $11M | ﹤0.01% |
245,600
-177,900
| -42% | -$7.01M |
|
|
BERY
1637
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $11M | ﹤0.01% |
222,918
-113,474
| -34% | -$5.38M |
|
1638
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $11M | ﹤0.01% |
102,900
-104,000
| -50% | -$11.3M |
|
1639
Cencora
COR
$63.7B
| $11M | ﹤0.01% |
+138,187
| New | +$11.1M |
|
|
SGEN
1640
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $11M | ﹤0.01% |
149,900
+117,500
| +363% | +$8.36M |
|
|
TIF
1641
DELISTED
Tiffany & Co.
TIF
| $11M | ﹤0.01% |
+103,937
| New | +$9.54M |
|
1642
Match Group
MTCH
$8.45B
| $11M | ﹤0.01% |
+193,646
| New | +$10.2M |
|
1643
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $10.9M | ﹤0.01% |
75,600
-88,500
| -54% | -$12.3M |
|
1644
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.18B
| $10.9M | ﹤0.01% |
403,086
+24,451
| +6% | +$638K |
|
1645
PUT
Vanguard S&P 500 ETF
VOO
$1.03T
| $10.9M | ﹤0.01% |
42,000
-2,100
| -5% | -$525K |
|
1646
PUT
Madrigal Pharmaceuticals
MDGL
$12.4B
| $10.9M | ﹤0.01% |
87,000
+55,100
| +173% | +$6.85M |
|
1647
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$244M
| $10.9M | ﹤0.01% |
47,980
+21,130
| +79% | +$4.43M |
|
1648
CALL
Albemarle
ALB
$15.3B
| $10.9M | ﹤0.01% |
132,700
-1,200
| -0.9% | -$98.1K |
|
1649
PUT
Golar LNG
GLNG
$5.17B
| $10.9M | ﹤0.01% |
515,300
+121,500
| +31% | +$2.68M |
|
1650
CALL
Scorpio Tankers
STNG
$3.72B
| $10.8M | ﹤0.01% |
546,900
+533,120
| +3,869% | +$10.1M |
|
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.