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 | |
|---|---|---|---|---|---|---|
1676
CALL
Citizens Financial Group
CFG
$30.7B
| $10.6M | ﹤0.01% |
327,300
+111,900
| +52% | +$3.88M |
|
1677
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $10.6M | ﹤0.01% |
97,200
-30,900
| -24% | -$3.18M |
|
|
AVLR
1678
CALL
DELISTED
Avalara, Inc.
AVLR
| $10.6M | ﹤0.01% |
190,400
+113,700
| +148% | +$5.28M |
|
1679
CALL
Helmerich & Payne
HP
$4.25B
| $10.6M | ﹤0.01% |
190,900
-54,800
| -22% | -$2.99M |
|
|
NBIS
1680
Nebius Group N.V.
NBIS
$49.1B
| $10.6M | ﹤0.01% |
308,721
+218,667
| +243% | +$7.25M |
|
|
SPR
1681
PUT
DELISTED
Spirit AeroSystems
SPR
| $10.6M | ﹤0.01% |
115,800
+74,500
| +180% | +$6.58M |
|
|
WLL
1682
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $10.6M | ﹤0.01% |
5,407
-5,324
| -50% | -$10.7M |
|
|
BNY
1683
PUT
Bank of New York Mellon
BNY
$109B
| $10.6M | ﹤0.01% |
210,000
-199,600
| -49% | -$10.3M |
|
1684
CALL
Restaurant Brands International
QSR
$25.6B
| $10.6M | ﹤0.01% |
162,400
-700
| -0.4% | -$43K |
|
1685
PUT
Ares Capital
ARCC
$14.3B
| $10.6M | ﹤0.01% |
616,400
+73,700
| +14% | +$1.23M |
|
|
AXDX
1686
CALL
DELISTED
Accelerate Diagnostics
AXDX
| $10.5M | ﹤0.01% |
50,150
+20,680
| +70% | +$3.88M |
|
1687
PUT
CoStar Group
CSGP
$12.6B
| $10.5M | ﹤0.01% |
226,000
+22,000
| +11% | +$909K |
|
1688
PUT
Cracker Barrel
CBRL
$1.25B
| $10.5M | ﹤0.01% |
65,200
+17,700
| +37% | +$2.91M |
|
1689
PUT
Equifax
EFX
$21.4B
| $10.5M | ﹤0.01% |
88,800
-51,900
| -37% | -$5.54M |
|
|
CEO
1690
CALL
DELISTED
CNOOC Limited
CEO
| $10.5M | ﹤0.01% |
56,300
+26,100
| +86% | +$4.42M |
|
1691
PUT
Jazz Pharmaceuticals
JAZZ
$16.1B
| $10.4M | ﹤0.01% |
73,000
+41,000
| +128% | +$5.35M |
|
1692
United Parks & Resorts
PRKS
$2B
| $10.4M | ﹤0.01% |
404,308
-488,743
| -55% | -$12.5M |
|
1693
CALL
NRG Energy
NRG
$25.2B
| $10.4M | ﹤0.01% |
245,100
+1,200
| +0.5% | +$49.7K |
|
|
CLR
1694
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $10.4M | ﹤0.01% |
232,500
-215,100
| -48% | -$9.62M |
|
1695
CALL
Molson Coors Class B
TAP
$7.83B
| $10.4M | ﹤0.01% |
174,200
+31,000
| +22% | +$1.91M |
|
1696
CALL
United Therapeutics
UTHR
$22.1B
| $10.4M | ﹤0.01% |
88,500
+63,400
| +253% | +$7.39M |
|
1697
CALL
Huntington Ingalls Industries
HII
$12.9B
| $10.4M | ﹤0.01% |
50,100
+19,800
| +65% | +$4.06M |
|
1698
CALL
Tapestry
TPR
$32.4B
| $10.4M | ﹤0.01% |
319,100
-219,900
| -41% | -$7.71M |
|
1699
CALL
Regions Financial
RF
$26.9B
| $10.4M | ﹤0.01% |
731,800
+226,400
| +45% | +$3.47M |
|
1700
Golar LNG
GLNG
$5.17B
| $10.3M | ﹤0.01% |
490,460
+142,033
| +41% | +$3.13M |
|
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.