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 | |
|---|---|---|---|---|---|---|
1651
CALL
CDW
CDW
$16.9B
| $10.8M | ﹤0.01% |
112,400
+78,500
| +232% | +$7.01M |
|
1652
PUT
Rogers Corp
ROG
$2.41B
| $10.8M | ﹤0.01% |
68,100
+57,700
| +555% | +$7.79M |
|
1653
CALL
State Street SPDR S&P Bank ETF
KBE
$1.73B
| $10.8M | ﹤0.01% |
259,000
-111,000
| -30% | -$4.76M |
|
|
FOLD
1654
CALL
DELISTED
Amicus Therapeutics
FOLD
| $10.8M | ﹤0.01% |
794,700
+538,100
| +210% | +$6.57M |
|
|
RDFN
1655
CALL
DELISTED
Redfin
RDFN
| $10.8M | ﹤0.01% |
533,200
+374,600
| +236% | +$6.83M |
|
1656
PUT
Oneok
OKE
$57.7B
| $10.8M | ﹤0.01% |
154,600
+14,700
| +11% | +$952K |
|
1657
PUT
Franco-Nevada
FNV
$46.4B
| $10.8M | ﹤0.01% |
143,800
-124,700
| -46% | -$9.26M |
|
1658
CALL
XPO
XPO
$23.8B
| $10.8M | ﹤0.01% |
580,592
-80,670
| -12% | -$1.55M |
|
|
DGAZ
1659
DELISTED
VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return
DGAZ
| $10.8M | ﹤0.01% |
100,102
-68,811
| -41% | -$6.7M |
|
1660
Sony
SONY
$139B
| $10.8M | ﹤0.01% |
1,276,120
+553,035
| +76% | +$5.18M |
|
1661
iShares Latin America 40 ETF
ILF
$3.73B
| $10.8M | ﹤0.01% |
324,340
-270,572
| -45% | -$9.23M |
|
1662
CALL
Coherent
COHR
$64.3B
| $10.8M | ﹤0.01% |
288,700
+65,100
| +29% | +$2.41M |
|
|
ACIA
1663
CALL
DELISTED
Acacia Communications Inc
ACIA
| $10.7M | ﹤0.01% |
187,300
-30,300
| -14% | -$1.45M |
|
1664
CALL
AnaptysBio
ANAB
$1.71B
| $10.7M | ﹤0.01% |
146,900
-28,300
| -16% | -$1.95M |
|
1665
PUT
Delek US
DK
$3.92B
| $10.7M | ﹤0.01% |
294,500
+131,900
| +81% | +$4.49M |
|
|
NEWR
1666
PUT
DELISTED
New Relic, Inc.
NEWR
| $10.7M | ﹤0.01% |
108,600
+48,200
| +80% | +$4.77M |
|
|
CXO
1667
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $10.7M | ﹤0.01% |
96,600
+1,200
| +1% | +$136K |
|
1668
CALL
Visteon
VC
$2.83B
| $10.7M | ﹤0.01% |
159,100
+71,600
| +82% | +$5.39M |
|
|
MMP
1669
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $10.7M | ﹤0.01% |
176,500
-44,500
| -20% | -$2.69M |
|
1670
CALL
Newell Brands
NWL
$2.62B
| $10.7M | ﹤0.01% |
697,100
-1,044,700
| -60% | -$19.2M |
|
|
ELLI
1671
PUT
DELISTED
Ellie Mae Inc
ELLI
| $10.7M | ﹤0.01% |
108,300
+15,000
| +16% | +$1.3M |
|
1672
CALL
Tronox
TROX
$1.02B
| $10.7M | ﹤0.01% |
812,400
+618,600
| +319% | +$6.54M |
|
|
CFXA
1673
DELISTED
Colfax Corporation 5.75% Tangible Equity Units
CFXA
| $10.7M | ﹤0.01% |
+80,000
| New | +$9.7M |
|
|
SAIL
1674
CALL
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $10.7M | ﹤0.01% |
371,300
+356,100
| +2,343% | +$10.1M |
|
1675
PUT
Mattel
MAT
$4.29B
| $10.7M | ﹤0.01% |
819,500
+7,300
| +0.9% | +$97.5K |
|
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.