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 | |
|---|---|---|---|---|---|---|
1701
PUT
Essex Property Trust
ESS
$18.2B
| $10.3M | ﹤0.01% |
35,700
-12,100
| -25% | -$3.3M |
|
1702
CALL
Vanguard Information Technology ETF
VGT
$147B
| $10.3M | ﹤0.01% |
411,200
+255,200
| +164% | +$5.93M |
|
1703
CALL
Chemours
CC
$2.23B
| $10.3M | ﹤0.01% |
277,200
-70,300
| -20% | -$2.56M |
|
1704
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $10.3M | ﹤0.01% |
122,650
+117,562
| +2,311% | +$9.68M |
|
1705
CoStar Group
CSGP
$12.6B
| $10.3M | ﹤0.01% |
220,670
-100,510
| -31% | -$4.15M |
|
|
GOOS
1706
Canada Goose Holdings
GOOS
$856M
| $10.3M | ﹤0.01% |
+214,230
| New | +$10.9M |
|
1707
CALL
Teck Resources
TECK
$32.4B
| $10.3M | ﹤0.01% |
443,500
-169,400
| -28% | -$3.82M |
|
1708
CALL
Assurant
AIZ
$13.9B
| $10.3M | ﹤0.01% |
108,200
+99,700
| +1,173% | +$9.65M |
|
1709
PUT
HF Sinclair
DINO
$15.2B
| $10.3M | ﹤0.01% |
208,300
-376,200
| -64% | -$20M |
|
1710
PUT
Dick's Sporting Goods
DKS
$18.4B
| $10.3M | ﹤0.01% |
278,500
-221,600
| -44% | -$7.9M |
|
1711
PUT
Amplify Alternative Harvest ETF
MJ
$109M
| $10.2M | ﹤0.01% |
23,483
+1,183
| +5% | +$488K |
|
|
AYX
1712
CALL
DELISTED
Alteryx Inc
AYX
| $10.2M | ﹤0.01% |
122,200
-57,400
| -32% | -$4.14M |
|
1713
State Street Utilities Select Sector SPDR ETF
XLU
$22.7B
| $10.2M | ﹤0.01% |
352,012
+182,860
| +108% | +$5.08M |
|
|
BBBY
1714
CALL
Bed Bath & Beyond
BBBY
$407M
| $10.2M | ﹤0.01% |
818,432
+211,762
| +35% | +$2.89M |
|
1715
iQIYI
IQ
$1.3B
| $10.2M | ﹤0.01% |
426,749
-710,719
| -62% | -$15.7M |
|
|
MRO
1716
DELISTED
Marathon Oil Corporation
MRO
| $10.2M | ﹤0.01% |
610,546
+383,130
| +168% | +$6.26M |
|
1717
CALL
Ball Corp
BALL
$16.6B
| $10.2M | ﹤0.01% |
176,000
+51,600
| +41% | +$2.75M |
|
|
FL
1718
DELISTED
Foot Locker
FL
| $10.2M | ﹤0.01% |
167,810
+80,302
| +92% | +$4.68M |
|
1719
PUT
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $10.1M | ﹤0.01% |
277,400
+159,900
| +136% | +$5.75M |
|
1720
PUT
Jacobs Solutions
J
$17.3B
| $10.1M | ﹤0.01% |
162,969
+157,891
| +3,109% | +$8.89M |
|
1721
PUT
L3Harris
LHX
$53.3B
| $10.1M | ﹤0.01% |
63,400
-4,500
| -7% | -$693K |
|
1722
CALL
Vanguard Morningstar Small-Cap ETF
VB
$82.8B
| $10.1M | ﹤0.01% |
66,200
+56,800
| +604% | +$8.44M |
|
|
UNIT
1723
CALL
Uniti Group
UNIT
$2.25B
| $10.1M | ﹤0.01% |
903,800
+114,400
| +14% | +$1.67M |
|
1724
PUT
Canadian Natural Resources
CNQ
$98.1B
| $10.1M | ﹤0.01% |
750,639
+43,494
| +6% | +$578K |
|
1725
PUT
iShares MSCI China ETF
MCHI
$6.27B
| $10.1M | ﹤0.01% |
161,900
-30,700
| -16% | -$1.81M |
|
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.